CEETRUS FRANCE : revenue, balance sheet and financial ratios

CEETRUS FRANCE is a French company founded 57 years ago, specialized in the sector Location de terrains et d'autres biens immobiliers. Based in VILLENEUVE-D’ASCQ (59491), this company of category GE shows in 2024 a revenue of 319.8 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-02

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - CEETRUS FRANCE (SIREN 969201532)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 319 805 539 € 322 284 648 € 307 494 469 € 288 106 109 € 272 415 758 € 345 309 244 € 315 775 000 € 315 714 000 € 313 359 861 €
Net income 89 517 153 € 68 594 920 € 100 944 856 € 40 935 636 € 18 916 372 € 76 588 458 € 40 924 000 € 69 941 000 € 107 208 425 €
EBITDA 171 571 702 € 174 231 124 € 167 672 313 € 155 851 471 € 155 048 761 € 174 713 888 € 183 616 000 € 185 803 000 € 190 710 711 €
Net margin 28.0% 21.3% 32.8% 14.2% 6.9% 22.2% 13.0% 22.2% 34.2%

Revenue and income statement

In 2024, CEETRUS FRANCE achieves revenue of 319.8 M€. Revenue is growing positively over 9 years (CAGR: +0.3%). Slight decline of -1% vs 2023. After deducting consumption (0 €), gross margin stands at 319.8 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 171.6 M€, representing 53.6% of revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 89.5 M€, i.e. 28.0% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

319 805 539 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

319 805 539 €

EBITDA (2024) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

171 571 702 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

101 584 077 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

89 517 153 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

53.6%

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 154%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 35%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 10.2 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 27.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

153.815%

Financial autonomy (2024) ?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy
20-30% : Average
< 20% : Low

34.686%

Cash flow / Revenue (2024) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

27.438%

Repayment capacity (2024) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

10.162

Asset age ratio (2024) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

42.2%

Solvency indicators evolution
CEETRUS FRANCE

Sector positioning

Debt ratio
153.81 2024
2022
2023
2024
Q1: -20.62
Med: 5.98
Q3: 146.83
Average +5 pts over 3 years

In 2024, the debt ratio of CEETRUS FRANCE (153.81) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
34.69% 2024
2022
2023
2024
Q1: 0.04%
Med: 27.47%
Q3: 73.82%
Good -6 pts over 3 years

In 2024, the financial autonomy of CEETRUS FRANCE (34.7%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
10.16 years 2024
2022
2023
2024
Q1: -0.02 years
Med: 0.65 years
Q3: 10.57 years
Average +10 pts over 3 years

In 2024, the repayment capacity of CEETRUS FRANCE (10.16) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 273.02. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 21.0x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2024) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

273.023

Interest coverage (2024) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

20.995

Liquidity indicators evolution
CEETRUS FRANCE

Sector positioning

Liquidity ratio
273.02 2024
2022
2023
2024
Q1: 83.33
Med: 307.99
Q3: 1318.25
Average

In 2024, the liquidity ratio of CEETRUS FRANCE (273.02) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
21.0x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 20.04x
Excellent

In 2024, the interest coverage of CEETRUS FRANCE (21.0x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 122 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 122 days. Overall, WCR represents 372 days of revenue, i.e. 330.8 M€ to permanently finance. Over 2016-2024, WCR increased by +1067%, requiring additional financing.

Operating WCR (2024) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

330 778 067 €

Customer credit (2024) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

122 j

Supplier credit (2024) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

122 j

Inventory turnover (2024) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

0 j

WCR in days of revenue (2024) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

372 j

WCR and payment terms evolution
CEETRUS FRANCE

Positioning of CEETRUS FRANCE in its sector

Comparison with sector Location de terrains et d'autres biens immobiliers

Valuation estimate

Based on 169 transactions of similar company sales in 2024, the value of CEETRUS FRANCE is estimated at 679 775 071 € (range 193 415 681€ - 1 223 089 513€). With an EBITDA of 171 571 702€, the sector multiple of 5.6x is applied. The price/revenue ratio is 0.81x (in line with sector norms). This multiples method compares the actual sale price of similar companies to their financial indicators (Revenue, EBITDA, Net Income). It provides a market-based indicative estimate.

Estimated enterprise value 2024
169 transactions
193415k€ 679775k€ 1223089k€
679 775 071 € Range: 193 415 681€ - 1 223 089 513€
NAF 5 année 2024

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
171 571 702 € × 5.6x
Estimation 960 771 969 €
254 322 636€ - 1 714 859 590€
Revenue Multiple 30%
319 805 539 € × 0.81x
Estimation 257 963 947 €
98 576 225€ - 481 039 758€
Net Income Multiple 20%
89 517 153 € × 6.8x
Estimation 609 999 515 €
183 407 480€ - 1 106 738 957€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 169 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Location de terrains et d'autres biens immobiliers)

Compare CEETRUS FRANCE with other companies in the same sector:

Voir toutes les statistiques du secteur Location de terrains et d'autres biens immobiliers

Frequently asked questions about CEETRUS FRANCE

What is the revenue of CEETRUS FRANCE ?

The revenue of CEETRUS FRANCE in 2024 is 319.8 M€.

Is CEETRUS FRANCE profitable?

Yes, CEETRUS FRANCE generated a net profit of 89.5 M€ in 2024.

Where is the headquarters of CEETRUS FRANCE ?

The headquarters of CEETRUS FRANCE is located in VILLENEUVE-D’ASCQ (59491), in the department Nord.

Where to find the tax return of CEETRUS FRANCE ?

The tax return of CEETRUS FRANCE is available on this page. Click on a year in the 'Data by year' section to view the account details (assets, liabilities, income statement). Data comes from INPI (National Institute of Industrial Property).

In which sector does CEETRUS FRANCE operate?

CEETRUS FRANCE operates in the sector Location de terrains et d'autres biens immobiliers (NAF code 68.20B). See the 'Sector positioning' section above to compare the company with its competitors.