CORBIERES DEVELOPPEMENT COMPETITION : revenue, balance sheet and financial ratios

CORBIERES DEVELOPPEMENT COMPETITION is a French company founded 19 years ago, specialized in the sector Gestion d'installations sportives. Based in FONTJONCOUSE (11360), this company of category PME shows in 2019 a revenue of 194 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

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

Financial history - CORBIERES DEVELOPPEMENT COMPETITION (SIREN 494008766)
Indicator 2019 2018 2017 2016 2015 2014
Revenue 193 617 € 140 808 € 115 557 € N/C 132 853 € 169 190 €
Net income -52 417 € 11 752 € -16 240 € 0 € 299 € 2 543 €
EBITDA 28 970 € 17 440 € -13 315 € N/C 7 500 € 11 281 €
Net margin -27.1% 8.3% -14.1% N/C 0.2% 1.5%

Revenue and income statement

In 2019, CORBIERES DEVELOPPEMENT COMPETITION achieves revenue of 194 k€. Revenue is growing positively over 6 years (CAGR: +2.7%). Vs 2018, growth of +38% (141 k€ -> 194 k€). After deducting consumption (0 €), gross margin stands at 194 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 29 k€, representing 15.0% of revenue. Positive scissor effect: EBITDA margin improves by +2.6 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Net income is negative at -52 k€ (-27.1% of revenue), which will impact equity.

Revenue (2019) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

193 617 €

Gross margin (2019) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

193 617 €

EBITDA (2019) ?
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

28 970 €

EBIT (2019) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

23 096 €

Net income (2019) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-52 417 €

EBITDA margin (2019) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

15.0%

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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 0%. 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 0%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2019) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.0%

Financial autonomy (2019) ?
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

0.0%

Cash flow / Revenue (2019) ?
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

-24.741%

Repayment capacity (2019) ?
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

0.0

Asset age ratio (2019) ?
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

32.6%

Solvency indicators evolution
CORBIERES DEVELOPPEMENT COMPETITION

Sector positioning

Debt ratio
0.0 2019
2017
2018
2019
Q1: 0.0
Med: 13.14
Q3: 119.64
Excellent

In 2019, the debt ratio of CORBIERES DEVELOPPEMENT C... (0.00) 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.

Financial autonomy
0.0% 2019
2017
2018
2019
Q1: 1.51%
Med: 24.0%
Q3: 53.63%
Average -7 pts over 3 years

In 2019, the financial autonomy of CORBIERES DEVELOPPEMENT C... (0.0%) 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
0.0 years 2019
2017
2018
2019
Q1: 0.0 years
Med: 0.03 years
Q3: 2.31 years
Excellent

In 2019, the repayment capacity of CORBIERES DEVELOPPEMENT C... (0.00) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 37.76. 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 3.0x. Financial charges are adequately covered by operations.

Liquidity ratio (2019) ?
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

37.76

Interest coverage (2019) ?
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

3.02

Liquidity indicators evolution
CORBIERES DEVELOPPEMENT COMPETITION

Sector positioning

Liquidity ratio
37.76 2019
2017
2018
2019
Q1: 65.35
Med: 130.68
Q3: 250.9
Watch -10 pts over 3 years

In 2019, the liquidity ratio of CORBIERES DEVELOPPEMENT C... (37.76) 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
3.02x 2019
2017
2018
2019
Q1: 0.0x
Med: 0.45x
Q3: 5.84x
Good +37 pts over 3 years

In 2019, the interest coverage of CORBIERES DEVELOPPEMENT C... (3.0x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 24 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 25 days. Favorable situation: supplier credit is longer than customer credit by 1 days. WCR is negative (-188 days): operations structurally generate cash. Notable WCR improvement over the period (-560%), freeing up cash.

Operating WCR (2019) ?
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

-101 082 €

Customer credit (2019) ?
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

24 j

Supplier credit (2019) ?
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

25 j

Inventory turnover (2019) ?
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 (2019) ?
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

-188 j

WCR and payment terms evolution
CORBIERES DEVELOPPEMENT COMPETITION

Positioning of CORBIERES DEVELOPPEMENT COMPETITION in its sector

Comparison with sector Gestion d'installations sportives

Valuation estimate

Based on 73 transactions of similar company sales (all years), the value of CORBIERES DEVELOPPEMENT COMPETITION is estimated at 114 533 € (range 54 677€ - 183 547€). With an EBITDA of 28 970€, the sector multiple of 4.0x is applied. The price/revenue ratio is 0.57x (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.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2019
73 tx
54k€ 114k€ 183k€
114 533 € Range: 54 677€ - 183 547€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
28 970 € × 4.0x
Estimation 116 873 €
66 539€ - 186 644€
Revenue Multiple 30%
193 617 € × 0.57x
Estimation 110 634 €
34 909€ - 178 387€
How is this estimate calculated?

This estimate is based on the analysis of 73 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 (Gestion d'installations sportives)

Compare CORBIERES DEVELOPPEMENT COMPETITION with other companies in the same sector:

Voir toutes les statistiques du secteur Gestion d'installations sportives

Frequently asked questions about CORBIERES DEVELOPPEMENT COMPETITION

What is the revenue of CORBIERES DEVELOPPEMENT COMPETITION ?

The revenue of CORBIERES DEVELOPPEMENT COMPETITION in 2019 is 194 k€.

Is CORBIERES DEVELOPPEMENT COMPETITION profitable?

CORBIERES DEVELOPPEMENT COMPETITION recorded a net loss in 2019.

Where is the headquarters of CORBIERES DEVELOPPEMENT COMPETITION ?

The headquarters of CORBIERES DEVELOPPEMENT COMPETITION is located in FONTJONCOUSE (11360), in the department Aude.

Where to find the tax return of CORBIERES DEVELOPPEMENT COMPETITION ?

The tax return of CORBIERES DEVELOPPEMENT COMPETITION 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 CORBIERES DEVELOPPEMENT COMPETITION operate?

CORBIERES DEVELOPPEMENT COMPETITION operates in the sector Gestion d'installations sportives (NAF code 93.11Z). See the 'Sector positioning' section above to compare the company with its competitors.