SIREN : 351054580
COBALP is a French company founded 36 years ago, specialized in the sector Activité des économistes de la construction. Based in ANNECY (74000), this company of category PME shows in 2025 a revenue of 1.3 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
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1 250 885 € | 2 115 707 € | 3 001 882 € | 2 990 644 € | 3 281 234 € | 2 390 795 € | 2 323 903 € | 2 136 651 € | 2 244 242 € |
| Net income | 85 936 € | -740 004 € | 168 272 € | 177 035 € | 236 788 € | 49 142 € | 68 408 € | 26 743 € | 114 364 € |
| EBITDA | 49 245 € | -554 103 € | 237 833 € | 231 831 € | 333 920 € | 115 353 € | 49 539 € | -18 069 € | 145 491 € |
| Net margin | 6.9% | -35.0% | 5.6% | 5.9% | 7.2% | 2.1% | 2.9% | 1.3% | 5.1% |
In 2025, COBALP achieves revenue of 1.3 M€. Revenue is declining over the period 2017-2025 (CAGR: -7.0%). Significant drop of -41% vs 2024. After deducting consumption (0 €), gross margin stands at 1.3 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 49 k€, representing 3.9% of revenue. Positive scissor effect: EBITDA margin improves by +30.1 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 86 k€, i.e. 6.9% of revenue. This profit can be retained or distributed to shareholders.
1 250 885 €
1 250 885 €
49 245 €
87 043 €
85 936 €
3.9%
The debt ratio (= Financial debt / Equity x 100) stands at -160%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches -53%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 26.5 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 2.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
-160.115%
-52.94%
1.96%
26.515
5.0%
In 2025, the debt ratio of COBALP (-160.12) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.
In 2025, the financial autonomy of COBALP (-52.9%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.
In 2025, the repayment capacity of COBALP (26.52) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.
The liquidity ratio (= Current assets / Current liabilities) stands at 137.04. 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 1.9x. Coverage is limited: any activity downturn would jeopardize interest payments.
137.036
1.868
In 2025, the liquidity ratio of COBALP (137.04) 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.
In 2025, the interest coverage of COBALP (1.9x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 156 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 86 days. The gap of 70 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 29 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 89 days of revenue, i.e. 308 k€ to permanently finance. Notable WCR improvement over the period (-28%), freeing up cash.
307 630 €
156 j
86 j
29 j
89 j
Based on 98 transactions of similar company sales
(all years),
the value of COBALP is estimated at
305 120 €
(range 82 840€ - 510 959€).
With an EBITDA of 49 245€, the sector multiple of 3.5x is applied.
The price/revenue ratio is 0.36x
(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.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 98 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 COBALP with other companies in the same sector:
Voir toutes les statistiques du secteur Activité des économistes de la construction
The revenue of COBALP in 2025 is 1.3 M€.
Yes, COBALP generated a net profit of 86 k€ in 2025.
The headquarters of COBALP is located in ANNECY (74000), in the department Haute-Savoie.
The tax return of COBALP 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).
COBALP operates in the sector Activité des économistes de la construction (NAF code 74.90A). See the 'Sector positioning' section above to compare the company with its competitors.