CITYA BAIE DES ANGES : revenue, balance sheet and financial ratios

CITYA BAIE DES ANGES is a French company founded 51 years ago, specialized in the sector Administration d'immeubles et autres biens immobiliers. Based in NICE (06000), this company of category ETI shows in 2024 a revenue of 2.5 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-18

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

Financial history - CITYA BAIE DES ANGES (SIREN 303495097)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 2 510 340 € 2 382 557 € 2 291 066 € 2 258 820 € 2 252 569 € 2 365 581 € 2 453 925 € 2 989 347 € 2 993 695 €
Net income 195 933 € 236 774 € 171 716 € 152 209 € 30 004 € 23 665 € -15 485 € -103 577 € 343 699 €
EBITDA 379 745 € 339 496 € 268 273 € 210 568 € 291 177 € 114 844 € -41 825 € 260 327 € 237 601 €
Net margin 7.8% 9.9% 7.5% 6.7% 1.3% 1.0% -0.6% -3.5% 11.5%

Revenue and income statement

In 2024, CITYA BAIE DES ANGES achieves revenue of 2.5 M€. Activity remains stable over the period (CAGR: -2.2%). Vs 2023: +5%. After deducting consumption (0 €), gross margin stands at 2.5 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 380 k€, representing 15.1% 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 196 k€, i.e. 7.8% 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

2 510 340 €

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

2 510 340 €

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

379 745 €

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

323 816 €

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

195 933 €

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

15.1%

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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 145%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 13%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 9.6 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 9.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

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

145.058%

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

12.526%

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

9.404%

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

9.563

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

31.0%

Solvency indicators evolution
CITYA BAIE DES ANGES

Sector positioning

Debt ratio
145.06 2024
2022
2023
2024
Q1: 0.0
Med: 10.09
Q3: 67.7
Average

In 2024, the debt ratio of CITYA BAIE DES ANGES (145.06) 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
12.53% 2024
2022
2023
2024
Q1: 3.13%
Med: 14.35%
Q3: 43.65%
Average +6 pts over 3 years

In 2024, the financial autonomy of CITYA BAIE DES ANGES (12.5%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
9.56 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.18 years
Q3: 4.28 years
Average

In 2024, the repayment capacity of CITYA BAIE DES ANGES (9.56) 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 97.14. 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 20.1x. 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

97.144

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

20.146

Liquidity indicators evolution
CITYA BAIE DES ANGES

Sector positioning

Liquidity ratio
97.14 2024
2022
2023
2024
Q1: 100.01
Med: 116.53
Q3: 409.53
Watch

In 2024, the liquidity ratio of CITYA BAIE DES ANGES (97.14) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
20.15x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 7.73x
Excellent

In 2024, the interest coverage of CITYA BAIE DES ANGES (20.1x) 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: 3 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 45 days. Excellent situation: suppliers finance 42 days of the operating cycle (retail model). WCR is negative (-139 days): operations structurally generate cash. Over 2016-2024, WCR increased by +84%, 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

-969 820 €

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

3 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

45 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

-139 j

WCR and payment terms evolution
CITYA BAIE DES ANGES

Positioning of CITYA BAIE DES ANGES in its sector

Comparison with sector Administration d'immeubles et autres biens immobiliers

Valuation estimate

Based on 277 transactions of similar company sales (all years), the value of CITYA BAIE DES ANGES is estimated at 554 166 € (range 210 853€ - 1 497 838€). With an EBITDA of 379 745€, the sector multiple of 1.3x is applied. The price/revenue ratio is 0.29x (conservative valuation). 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
277 transactions
210k€ 554k€ 1497k€
554 166 € Range: 210 853€ - 1 497 838€
NAF 5 all-time

Valuation detail by method

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EBITDA Multiple 50%
379 745 € × 1.3x
Estimation 503 644 €
175 238€ - 1 519 558€
Revenue Multiple 30%
2 510 340 € × 0.29x
Estimation 716 338 €
345 277€ - 1 562 769€
Net Income Multiple 20%
195 933 € × 2.2x
Estimation 437 215 €
98 257€ - 1 346 143€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 277 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 (Administration d'immeubles et autres biens immobiliers)

Compare CITYA BAIE DES ANGES with other companies in the same sector:

Voir toutes les statistiques du secteur Administration d'immeubles et autres biens immobiliers

Frequently asked questions about CITYA BAIE DES ANGES

What is the revenue of CITYA BAIE DES ANGES ?

The revenue of CITYA BAIE DES ANGES in 2024 is 2.5 M€.

Is CITYA BAIE DES ANGES profitable?

Yes, CITYA BAIE DES ANGES generated a net profit of 196 k€ in 2024.

Where is the headquarters of CITYA BAIE DES ANGES ?

The headquarters of CITYA BAIE DES ANGES is located in NICE (06000), in the department Alpes-Maritimes.

Where to find the tax return of CITYA BAIE DES ANGES ?

The tax return of CITYA BAIE DES ANGES 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 CITYA BAIE DES ANGES operate?

CITYA BAIE DES ANGES operates in the sector Administration d'immeubles et autres biens immobiliers (NAF code 68.32A). See the 'Sector positioning' section above to compare the company with its competitors.