COURCELLES : revenue, balance sheet and financial ratios

COURCELLES is a French company founded 20 years ago, specialized in the sector Location de logements. Based in ROSNY-SOUS-BOIS (93110), this company of category PME shows in 2023 a revenue of 5 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 - COURCELLES (SIREN 487595688)
Indicator 2023 2022 2017
Revenue 5 402 € 5 173 € 29 918 €
Net income -712 € -839 € -16 799 €
EBITDA 3 315 € 3 350 € 22 706 €
Net margin -13.2% -16.2% -56.2%

Revenue and income statement

En 2023, COURCELLES alcanza unos ingresos de 5 k€. Los ingresos disminuyen en el período 2017-2023 (TCAC: -24.8%). Vs 2022: +4%. Tras deducir el consumo (0 €), el margen bruto se sitúa en 5 k€, es decir, una tasa del 100%. El EBITDA alcanza 3 k€, representando el 61.4% de los ingresos. Advertencia efecto tijera negativo: a pesar del cambio en ingresos (+4%), el EBITDA varía en -1%, reduciendo el margen en 3.4 puntos. Este alto margen EBITDA proporciona una fuerte capacidad de autofinanciación. El resultado neto es negativo en -712 € (-13.2% de los ingresos).

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

5 402 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

5 402 €

EBITDA (2023) ?
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

3 315 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

129 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-712 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

61.4%

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

El ratio de endeudamiento (= Deuda financiera / Fondos propios x 100) se sitúa en -214%. Este nivel muy bajo refleja una estructura financiera sólida. La autonomía financiera (= Fondos propios / Total activo x 100) alcanza el -87%. Baja autonomía: la empresa depende fuertemente de financiación externa. La capacidad de reembolso indica que se necesitarían 120.4 años de flujo de caja. Más allá de 7 años, los bancos generalmente consideran el riesgo crediticio como alto. El flujo de caja representa el 45.8% de los ingresos. Este alto nivel proporciona una fuerte capacidad de autofinanciación.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

-214.249%

Financial autonomy (2023) ?
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

-86.518%

Cash flow / Revenue (2023) ?
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

45.798%

Repayment capacity (2023) ?
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

120.372

Asset age ratio (2023) ?
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

51.9%

Solvency indicators evolution
COURCELLES

Sector positioning

Ratio de endeudamiento
-214.25 2023
2017
2022
2023
Q1: -264.19
Med: 0.0
Q3: 70.46
Bueno

En 2023, el ratio de endeudamiento de COURCELLES (-214.25) se sitúa por debajo de la mediana del sector. Este ratio mide el peso de la deuda en relación con el patrimonio. Esta posición controlada refleja una gestión prudente.

Autonomía financiera
-86.52% 2023
2017
2022
2023
Q1: 0.0%
Med: 12.19%
Q3: 70.65%
Average

En 2023, el autonomía financiera de COURCELLES (-86.5%) se sitúa por debajo de la mediana del sector. Este ratio representa la parte del patrimonio en la financiación total. Una mejora fortalecería la posición competitiva.

Capacidad de reembolso
120.37 ans 2023
2017
2022
2023
Q1: 0.0 ans
Med: 0.2 ans
Q3: 15.24 ans
Average +50 pts over 3 years

En 2023, el capacidad de reembolso de COURCELLES (120.4 ans) se sitúa por encima de la mediana del sector. Este ratio indica el número de años necesarios para pagar la deuda con flujo de caja. Un esfuerzo de reducción podría mejorar la solidez financiera.

Liquidity ratios

El ratio de liquidez se sitúa en 5547.76. La empresa tiene 2€ de activos líquidos por cada 1€ de deuda a corto plazo. El ratio de cobertura de intereses (= EBIT / Gastos financieros) es de 25.4x. El resultado de explotación cubre muy ampliamente los gastos financieros.

Liquidity ratio (2023) ?
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

5547.763

Interest coverage (2023) ?
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

25.37

Liquidity indicators evolution
COURCELLES

Sector positioning

Ratio de liquidez
5547.76 2023
2017
2022
2023
Q1: 17.49
Med: 200.68
Q3: 1005.16
Excelente

En 2023, el ratio de liquidez de COURCELLES (5547.76) se sitúa en el top 25% del sector. Este ratio mide la capacidad de cubrir deuda a corto plazo con activos corrientes. Un ratio superior a 1 asegura cobertura cómoda de vencimientos a corto plazo.

Cobertura de intereses
25.37x 2023
2017
2022
2023
Q1: 0.0x
Med: 0.0x
Q3: 18.07x
Excelente

En 2023, el cobertura de intereses de COURCELLES (25.4x) se sitúa en el top 25% del sector. Este ratio indica cuántas veces el resultado operativo cubre los gastos de intereses. Alta cobertura significa que los gastos financieros pesan poco en la rentabilidad.

Working capital requirement (WCR) and payment terms

El fondo de maniobra operativo (FM) mide el desfase temporal de tesorería. Plazo medio de cobro a clientes: 27 días. Plazo proveedores: 251 días. Excelente situación: los proveedores financian 224 días del ciclo operativo. El FM representa 6838 días de ingresos. En 2017-2023, el FM aumentó en +1400%.

Operating WCR (2023) ?
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

102 611 €

Customer credit (2023) ?
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

27 j

Supplier credit (2023) ?
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

251 j

Inventory turnover (2023) ?
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 (2023) ?
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

6838 j

WCR and payment terms evolution
COURCELLES

Positioning of COURCELLES in its sector

Comparison with sector Location de logements

Valuation estimate

Based on 215 transactions of similar company sales in 2023, the value of COURCELLES is estimated at 11 711 € (range 3 180€ - 19 523€). With an EBITDA of 3 315€, the sector multiple of 5.2x is applied. The price/revenue ratio is 0.51x (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.

Estimated enterprise value 2023
215 transactions
3k€ 11k€ 19k€
11 711 € Range: 3 180€ - 19 523€
NAF 5 année 2023

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
3 315 € × 5.2x
Estimation 17 084 €
4 334€ - 27 451€
Revenue Multiple 30%
5 402 € × 0.51x
Estimation 2 758 €
1 256€ - 6 310€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 215 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 (Location de logements)

Compare COURCELLES with other companies in the same sector:

Voir toutes les statistiques du secteur Location de logements

Frequently asked questions about COURCELLES

What is the revenue of COURCELLES ?

The revenue of COURCELLES in 2023 is 5 k€.

Is COURCELLES profitable?

COURCELLES recorded a net loss in 2023.

Where is the headquarters of COURCELLES ?

The headquarters of COURCELLES is located in ROSNY-SOUS-BOIS (93110), in the department Seine-Saint-Denis.

Where to find the tax return of COURCELLES ?

The tax return of COURCELLES 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 COURCELLES operate?

COURCELLES operates in the sector Location de logements (NAF code 68.20A). See the 'Sector positioning' section above to compare the company with its competitors.