SIREN : 833010432
CORREZE BIOGAZ is a French company founded 8 years ago, specialized in the sector Production de combustibles gazeux. Based in MEILHARDS (19510), this company of category PME shows in 2024 a revenue of 1.6 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-09
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 | 2022 |
|---|---|---|---|
| Revenue | 1 618 110 € | 1 414 253 € | 42 976 € |
| Net income | 122 520 € | -158 967 € | -80 541 € |
| EBITDA | 457 951 € | 341 052 € | -279 € |
| Net margin | 7.6% | -11.2% | -187.4% |
In 2024, CORREZE BIOGAZ achieves revenue of 1.6 M€. Over the period 2022-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +513.6%. Vs 2023, growth of +14% (1.4 M€ -> 1.6 M€). After deducting consumption (391 k€), gross margin stands at 1.2 M€, i.e. a rate of 76%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 458 k€, representing 28.3% of revenue. Positive scissor effect: EBITDA margin improves by +4.2 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 123 k€, i.e. 7.6% of revenue. This profit can be retained or distributed to shareholders.
1 618 110 €
1 227 487 €
457 951 €
152 759 €
122 520 €
28.3%
The debt ratio (= Financial debt / Equity x 100) stands at 617%. 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 13%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 14.1 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 26.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
617.108%
13.119%
26.433%
14.09
87.2%
In 2024, the debt ratio of CORREZE BIOGAZ (617.11) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.
In 2024, the financial autonomy of CORREZE BIOGAZ (13.1%) 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 2024, the repayment capacity of CORREZE BIOGAZ (14.09) 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 172.11. 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 28.4x. Operating income very largely covers interest expenses: high safety margin.
172.109
28.439
In 2024, the liquidity ratio of CORREZE BIOGAZ (172.11) 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 2024, the interest coverage of CORREZE BIOGAZ (28.4x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 46 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 112 days. Excellent situation: suppliers finance 66 days of the operating cycle (retail model). Inventory turnover is 47 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 159 days of revenue, i.e. 714 k€ to permanently finance. Notable WCR improvement over the period (-42%), freeing up cash.
714 234 €
46 j
112 j
47 j
159 j
Based on 127 transactions of similar company sales (all years), the value of CORREZE BIOGAZ is estimated at 869 478 € (range 119 380€ - 3 335 179€). With an EBITDA of 457 951€, the sector multiple of 2.3x is applied. The price/revenue ratio is 0.59x (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 127 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 CORREZE BIOGAZ with other companies in the same sector:
Voir toutes les statistiques du secteur Production de combustibles gazeux
The revenue of CORREZE BIOGAZ in 2024 is 1.6 M€.
Yes, CORREZE BIOGAZ generated a net profit of 123 k€ in 2024.
The headquarters of CORREZE BIOGAZ is located in MEILHARDS (19510), in the department Correze.
The tax return of CORREZE BIOGAZ 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).
CORREZE BIOGAZ operates in the sector Production de combustibles gazeux (NAF code 35.21Z). See the 'Sector positioning' section above to compare the company with its competitors.