CORBI IMMOBILIER : revenue, balance sheet and financial ratios

In 2025, CORBI IMMOBILIER achieves revenue of 461 k€. Revenue is growing positively over 9 years (CAGR: +1.0%). Vs 2024, growth of +15% (400 k€ -> 461 k€). After deducting consumption (0 €), gross margin stands at 461 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 338 k€, representing 73.4% of revenue. Warning negative scissor effect: despite revenue change (+15%), EBITDA varies by +4%, reducing margin by 7.8 pts. This reflects costs rising faster than 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 46 k€, i.e. 10.1% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 548%. 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 81%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 9.3 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 65.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

The liquidity ratio (= Current assets / Current liabilities) stands at 151.35. 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 14.8x. Operating income very largely covers interest expenses: high safety margin.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 44 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 303 days. Excellent situation: suppliers finance 259 days of the operating cycle (retail model). WCR is negative (-77 days): operations structurally generate cash. Notable WCR improvement over the period (-254%), freeing up cash.

Based on 117 transactions of similar company sales in 2025, the value of CORBI IMMOBILIER is estimated at 623 535 € (range 367 850€ - 1 724 887€). With an EBITDA of 338 339€, the sector multiple of 2.7x is applied. The price/revenue ratio is 0.92x (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.