CUVERIE COGNACAISE : revenue, balance sheet and financial ratios

CUVERIE COGNACAISE is a French company founded 4 years ago, specialized in the sector Fabrication d'autres réservoirs, citernes et conteneurs métalliques. Based in MERPINS (16100), this company of category PME shows in 2025 a revenue of 1.3 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-08-08

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

Synthèse

Santé financière : Fragile

Signal structurel : capitaux propres négatifs ; exploitation déficitaire (EBE négatif).

In summary, CUVERIE COGNACAISE is currently loss-making, which weighs on its accounts. Its financial structure is severely weakened: equity is negative.

Financial history - CUVERIE COGNACAISE (SIREN 907990220)
Indicator 2025 2024 2023
Revenue 1 268 458 € 2 911 586 € N/C
Net income -228 328 € 269 434 € -331 480 €
EBITDA -141 595 € 315 603 € N/C
Net margin -18.0% 9.3% N/C

Revenue and income statement

In 2025, CUVERIE COGNACAISE achieves revenue of 1.3 M€. Revenue is declining over the period 2024-2025 (CAGR: -56.4%). Significant drop of -56% vs 2024. After deducting consumption (510 k€), gross margin stands at 758 k€, i.e. a rate of 60%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -142 k€, representing -11.2% of revenue. Warning negative scissor effect: despite revenue change (-56%), EBITDA varies by -145%, reducing margin by 22.0 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -228 k€ (-18.0% of revenue), which will impact equity.

Revenue (2025) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

1 268 458 €

Gross margin (2025) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

758 378 €

EBITDA (2025) ?
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

-141 595 €

EBIT (2025) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-221 198 €

Net income (2025) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-228 328 €

EBITDA margin (2025) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-11.1%

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

Warning: the company shows negative equity (accumulated losses exceed its capital). This is a major financial weakness which makes debt and autonomy ratios non-meaningful.

Debt ratio (2025) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

Non significatif

Financial autonomy (2025) ?
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

Non significatif

Cash flow / Revenue (2025) ?
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

-12.65%

Repayment capacity (2025) ?
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

-1.27

Asset age ratio (2025) ?
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

51.3%

Solvency indicators evolution
CUVERIE COGNACAISE

Sector positioning

Debt ratio
1078.2% 2024
Q1: 3.62%
Med: 14.25%
Q3: 59.84%
Watch

In 2024, the debt ratio of CUVERIE COGNACAISE (1078.2%) 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.

Financial autonomy
3.71% 2024
Q1: 24.95%
Med: 38.88%
Q3: 59.89%
Watch

In 2024, the financial autonomy of CUVERIE COGNACAISE (3.7%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.

Repayment capacity
1.26 years 2024
Q1: 0.06 years
Med: 0.51 years
Q3: 2.0 years
Average

In 2024, the repayment capacity of CUVERIE COGNACAISE (1.26) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 1.04. This ratio is less favorable than the sector median (3.3) and warrants attention.

Liquidity ratio (2025) ?
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

1.04

Interest coverage (2025) ?
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

-13.74

Liquidity indicators evolution
CUVERIE COGNACAISE

Sector positioning

Liquidity ratio
1.04 2025
Q1: 2.38
Med: 3.29
Q3: 4.28
Watch

In 2025, the liquidity ratio of CUVERIE COGNACAISE (1.04) 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
-13.74x 2025
Q1: 0.4x
Med: 1.97x
Q3: 7.41x
Watch -58 pts over 2 years

In 2025, the interest coverage of CUVERIE COGNACAISE (-13.7x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

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: 17 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 58 days. Excellent situation: suppliers finance 41 days of the operating cycle (retail model). Inventory turnover is 116 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 50 days of revenue, i.e. 175 k€ to permanently finance. Between 2024 and 2025, WCR improved by 18 days of revenue, freeing up cash.

Operating WCR (2025) ?
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

174 667 €

Customer credit (2025) ?
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

17 j

Supplier credit (2025) ?
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

58 j

Inventory turnover (2025) ?
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

116 j

WCR in days of revenue (2025) ?
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

50 j

WCR and payment terms evolution
CUVERIE COGNACAISE

Positioning of CUVERIE COGNACAISE in its sector

Comparison with sector Fabrication d'autres réservoirs, citernes et conteneurs métalliques

Valuation estimate

Based on 276 transactions of similar company sales (all years), the value of CUVERIE COGNACAISE is estimated at 234 322 € (range 135 136€ - 440 682€). The price/revenue ratio is 0.18x (conservative valuation). 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 2025
276 transactions
135k€ 234k€ 440k€
234 322 € Range: 135 136€ - 440 682€
Section all-time Aggregated at NAF section level

Valuation method used

Revenue Multiple
1 268 458 € × 0.18x = 234 323 €
Range: 135 137€ - 440 682€

Only this financial indicator is available for this company.

How is this estimate calculated?

This estimate is based on the analysis of 276 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 (Fabrication d'autres réservoirs, citernes et conteneurs métalliques)

Compare CUVERIE COGNACAISE with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication d'autres réservoirs, citernes et conteneurs métalliques

Top companies in Fabrication d'autres réservoirs, citernes et conteneurs métalliques

Largest companies by revenue in the sector Fabrication d'autres réservoirs, citernes et conteneurs métalliques:

Top companies in Charente

Largest companies by revenue in the department Charente:

Voir le classement complet du département Charente

Frequently asked questions about CUVERIE COGNACAISE

What is the revenue of CUVERIE COGNACAISE ?

The revenue of CUVERIE COGNACAISE in 2025 is 1.3 M€.

Is CUVERIE COGNACAISE profitable?

CUVERIE COGNACAISE recorded a net loss in 2025.

Where is the headquarters of CUVERIE COGNACAISE ?

The headquarters of CUVERIE COGNACAISE is located in MERPINS (16100), in the department Charente.

Where to find the tax return of CUVERIE COGNACAISE ?

The tax return of CUVERIE COGNACAISE 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 CUVERIE COGNACAISE operate?

CUVERIE COGNACAISE operates in the sector Fabrication d'autres réservoirs, citernes et conteneurs métalliques (NAF code 25.29Z). See the 'Sector positioning' section above to compare the company with its competitors.