SIREN : 848459285
CORNER CUISINE DISTRIBUTION is a French company founded 7 years ago, specialized in the sector Services des traiteurs . Based in BRUGES (33520), this company of category ETI shows in 2023 a revenue of 29.8 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 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|
| Revenue | 29 843 292 € | 22 903 244 € | 9 322 418 € | 2 752 680 € |
| Net income | 187 745 € | 1 052 946 € | 944 843 € | 19 414 € |
| EBITDA | 884 702 € | 1 586 798 € | 1 326 749 € | 33 171 € |
| Net margin | 0.6% | 4.6% | 10.1% | 0.7% |
In 2023, CORNER CUISINE DISTRIBUTION achieves revenue of 29.8 M€. Over the period 2020-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +121.3%. Vs 2022, growth of +30% (22.9 M€ -> 29.8 M€). After deducting consumption (9.4 M€), gross margin stands at 20.5 M€, i.e. a rate of 69%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 885 k€, representing 3.0% of revenue. Warning negative scissor effect: despite revenue change (+30%), EBITDA varies by -44%, reducing margin by 4.0 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 188 k€, i.e. 0.6% of revenue. This profit can be retained or distributed to shareholders.
29 843 292 €
20 474 849 €
884 702 €
314 628 €
187 745 €
3.0%
The debt ratio (= Financial debt / Equity x 100) stands at 121%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 17%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.7 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 2.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
120.718%
17.345%
2.469%
1.668
59.3%
In 2023, the debt ratio of CORNER CUISINE DISTRIBUTION (120.72) 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 2023, the financial autonomy of CORNER CUISINE DISTRIBUTION (17.3%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2023, the repayment capacity of CORNER CUISINE DISTRIBUTION (1.67) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 107.52. 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 1.7x. Coverage is limited: any activity downturn would jeopardize interest payments.
107.522
1.652
In 2023, the liquidity ratio of CORNER CUISINE DISTRIBUTION (107.52) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.
In 2023, the interest coverage of CORNER CUISINE DISTRIBUTION (1.6x) 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: 22 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 33 days. Favorable situation: supplier credit is longer than customer credit by 11 days. Inventory turnover is 6 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 21 days of revenue, i.e. 1.7 M€ to permanently finance. Over 2020-2023, WCR increased by +3479%, requiring additional financing.
1 706 439 €
22 j
33 j
6 j
21 j
Based on 191 transactions of similar company sales (all years), the value of CORNER CUISINE DISTRIBUTION is estimated at 8 513 131 € (range 5 116 189€ - 13 189 226€). With an EBITDA of 884 702€, the sector multiple of 5.7x is applied. The price/revenue ratio is 0.64x (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.
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This estimate is based on the analysis of 191 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 CORNER CUISINE DISTRIBUTION with other companies in the same sector:
Voir toutes les statistiques du secteur Services des traiteurs
The revenue of CORNER CUISINE DISTRIBUTION in 2023 is 29.8 M€.
Yes, CORNER CUISINE DISTRIBUTION generated a net profit of 188 k€ in 2023.
The headquarters of CORNER CUISINE DISTRIBUTION is located in BRUGES (33520), in the department Gironde.
The tax return of CORNER CUISINE DISTRIBUTION 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).
CORNER CUISINE DISTRIBUTION operates in the sector Services des traiteurs (NAF code 56.21Z). See the 'Sector positioning' section above to compare the company with its competitors.