SIREN : 388943144
CERES is a French company founded 33 years ago, specialized in the sector Fabrication d'articles textiles, sauf habillement. Based in WAMBRECHIES (59118), this company of category PME shows in 2019 a revenue of 3.9 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-09
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2019 | 2018 | 2017 |
|---|---|---|---|
| Revenue | 3 906 378 € | 5 206 082 € | 5 746 901 € |
| Net income | -498 771 € | -158 771 € | 26 267 € |
| EBITDA | -1 030 107 € | -142 446 € | -104 054 € |
| Net margin | -12.8% | -3.0% | 0.5% |
In 2019, CERES achieves revenue of 3.9 M€. Revenue is declining over the period 2017-2019 (CAGR: -17.6%). Significant drop of -25% vs 2018. After deducting consumption (903 k€), gross margin stands at 3.0 M€, i.e. a rate of 77%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -1.0 M€, representing -26.4% of revenue. Warning negative scissor effect: despite revenue change (-25%), EBITDA varies by -623%, reducing margin by 23.6 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -499 k€ (-12.8% of revenue), which will impact equity.
3 906 378 €
3 003 394 €
-1 030 107 €
-966 415 €
-498 771 €
-26.2%
The debt ratio (= Financial debt / Equity x 100) stands at 55%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 56%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
55.411%
55.652%
-18.19%
-3.551
11.8%
In 2019, the debt ratio of CERES (55.41) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2019, the financial autonomy of CERES (55.6%) 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.
In 2019, the repayment capacity of CERES (-3.55) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.
The liquidity ratio (= Current assets / Current liabilities) stands at 585.64. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
585.642
-1.851
In 2019, the liquidity ratio of CERES (585.64) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.
In 2019, the interest coverage of CERES (-1.9x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 64 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 68 days. Favorable situation: supplier credit is longer than customer credit by 4 days. Inventory turnover is 720 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 525 days of revenue, i.e. 5.7 M€ to permanently finance. Over 2017-2019, WCR increased by +34%, requiring additional financing.
5 698 546 €
64 j
68 j
720 j
525 j
Indicative estimate only : the number of comparable transactions in this sector is limited (31 transactions). This range of 300 759€ to 1 383 893€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 31 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare CERES with other companies in the same sector:
Voir toutes les statistiques du secteur Fabrication d'articles textiles, sauf habillement
The revenue of CERES in 2019 is 3.9 M€.
CERES recorded a net loss in 2019.
The headquarters of CERES is located in WAMBRECHIES (59118), in the department Nord.
The tax return of CERES 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).
CERES operates in the sector Fabrication d'articles textiles, sauf habillement (NAF code 13.92Z). See the 'Sector positioning' section above to compare the company with its competitors.