DELMOND FOIES GRAS : revenue, balance sheet and financial ratios

DELMOND FOIES GRAS is a French company founded 37 years ago, specialized in the sector Transformation et conservation de la viande de volaille. Based in BOULAZAC ISLE MANOIRE (24750), this company of category ETI shows in 2025 a revenue of 64.0 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

Financial history - DELMOND FOIES GRAS (SIREN 347451684)
Indicator 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 63 984 698 € 67 388 736 € 45 316 407 € 65 956 409 € 66 838 304 € 64 223 165 € 71 073 579 € 77 900 943 € 58 449 919 € 48 288 749 €
Net income -2 279 454 € 344 426 € -40 867 € 1 303 166 € 119 808 € -5 637 064 € -602 056 € 4 507 933 € 1 145 062 € 0 €
EBITDA -1 936 193 € 3 366 831 € 5 649 538 € 4 751 059 € 327 711 € -5 602 475 € -741 354 € 11 488 240 € 6 592 675 € 2 453 445 €
Net margin -3.6% 0.5% -0.1% 2.0% 0.2% -8.8% -0.8% 5.8% 2.0% 0.0%

Revenue and income statement

In 2025, DELMOND FOIES GRAS achieves revenue of 64.0 M€. Revenue is growing positively over 10 years (CAGR: +3.2%). Slight decline of -5% vs 2024. After deducting consumption (44.3 M€), gross margin stands at 19.6 M€, i.e. a rate of 31%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -1.9 M€, representing -3.0% of revenue. Warning negative scissor effect: despite revenue change (-5%), EBITDA varies by -158%, reducing margin by 8.0 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -2.3 M€ (-3.6% 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

63 984 698 €

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

19 640 305 €

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

-1 936 193 €

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

-2 511 523 €

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

-2 279 454 €

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

-3.0%

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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 7%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

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

0.0%

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

7.185%

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

-3.888%

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

0.0

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

21.5%

Solvency indicators evolution
DELMOND FOIES GRAS

Sector positioning

Debt ratio
0.0 2025
2023
2024
2025
Q1: 1.49
Med: 9.45
Q3: 53.07
Excellent

In 2025, the debt ratio of DELMOND FOIES GRAS (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
7.18% 2025
2023
2024
2025
Q1: 28.92%
Med: 49.49%
Q3: 62.33%
Watch

In 2025, the financial autonomy of DELMOND FOIES GRAS (7.2%) 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
0.0 years 2025
2023
2024
2025
Q1: 0.0 years
Med: 0.1 years
Q3: 0.98 years
Excellent

In 2025, the repayment capacity of DELMOND FOIES GRAS (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 67.16. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

67.163

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

-22.097

Liquidity indicators evolution
DELMOND FOIES GRAS

Sector positioning

Liquidity ratio
67.16 2025
2023
2024
2025
Q1: 115.46
Med: 180.75
Q3: 244.62
Watch

In 2025, the liquidity ratio of DELMOND FOIES GRAS (67.16) 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
-22.1x 2025
2023
2024
2025
Q1: 0.0x
Med: 0.5x
Q3: 3.49x
Watch -56 pts over 3 years

In 2025, the interest coverage of DELMOND FOIES GRAS (-22.1x) 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: 32 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 43 days. Favorable situation: supplier credit is longer than customer credit by 11 days. Inventory turnover is 44 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 5 days of revenue, i.e. 834 k€ to permanently finance. Notable WCR improvement over the period (-87%), 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

833 721 €

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

32 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

43 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

44 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

5 j

WCR and payment terms evolution
DELMOND FOIES GRAS

Positioning of DELMOND FOIES GRAS in its sector

Comparison with sector Transformation et conservation de la viande de volaille

Valuation estimate

Based on 164 transactions of similar company sales (all years), the value of DELMOND FOIES GRAS is estimated at 16 435 727 € (range 7 596 127€ - 29 895 033€). The price/revenue ratio is 0.26x (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
164 transactions
7596k€ 16435k€ 29895k€
16 435 727 € Range: 7 596 127€ - 29 895 033€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation method used

Revenue Multiple
63 984 698 € × 0.26x = 16 435 727 €
Range: 7 596 128€ - 29 895 033€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 164 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 (Transformation et conservation de la viande de volaille)

Compare DELMOND FOIES GRAS with other companies in the same sector:

Voir toutes les statistiques du secteur Transformation et conservation de la viande de volaille

Frequently asked questions about DELMOND FOIES GRAS

What is the revenue of DELMOND FOIES GRAS ?

The revenue of DELMOND FOIES GRAS in 2025 is 64.0 M€.

Is DELMOND FOIES GRAS profitable?

DELMOND FOIES GRAS recorded a net loss in 2025.

Where is the headquarters of DELMOND FOIES GRAS ?

The headquarters of DELMOND FOIES GRAS is located in BOULAZAC ISLE MANOIRE (24750), in the department Dordogne.

Where to find the tax return of DELMOND FOIES GRAS ?

The tax return of DELMOND FOIES GRAS 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 DELMOND FOIES GRAS operate?

DELMOND FOIES GRAS operates in the sector Transformation et conservation de la viande de volaille (NAF code 10.12Z). See the 'Sector positioning' section above to compare the company with its competitors.