Le dernier exercice comptable publié pour cette entreprise remonte à 2023. Les données ci-dessous peuvent ne plus refléter sa situation actuelle.

DELPHINE MASSON : revenue, balance sheet and financial ratios

DELPHINE MASSON is a French company founded 12 years ago, specialized in the sector Activités des professionnels de la rééducation, de l’appareillage et des pédicures-podologues. Based in BELFORT (90000), this company of category PME shows in 2023 a revenue of 184 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-09-19

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

Synthèse

Santé financière : Saine

Aucun signal de fragilité majeur : rentabilité positive et structure financière équilibrée.

In summary, DELPHINE MASSON combines a growing business with positive profitability. Its financial structure is solid, with debt well contained relative to its sector.

Financial history - DELPHINE MASSON (SIREN 798641643)
Indicator 2023 2022 2018 2017 2016
Revenue 183 567 € 162 001 € 210 626 € 135 256 € 160 738 €
Net income 6 745 € 2 377 € 2 194 € 6 899 € 28 874 €
EBITDA 15 044 € 10 942 € 16 353 € -9 285 € -20 819 €
Net margin 3.7% 1.5% 1.0% 5.1% 18.0%

Revenue and income statement

In 2023, DELPHINE MASSON achieves revenue of 184 k€. Revenue is growing positively over 5 years (CAGR: +1.9%). Vs 2022, growth of +13% (162 k€ -> 184 k€). EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 15 k€, representing 8.2% of revenue. This ratio is slightly less favorable than the sector median (9.0%). Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 7 k€, i.e. 3.7% of revenue. This profit can be retained or distributed to shareholders.

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

183 567 €

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

182 489 €

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

15 044 €

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

8 767 €

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

6 745 €

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

8.2%

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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 20%. This ratio is more favorable than the sector median (24.2%). Financial autonomy (= Equity / Total assets x 100) reaches 80%. Compared with its sector, this ratio places the company among the best positioned (sector median: 40.1%). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.4 years of cash flow to repay all financial debt. This ratio is slightly less favorable than the sector median (0.6 years). Cash flow represents 7.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This ratio is slightly less favorable than the sector median (8.1%).

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

19.92%

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

80.49%

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

7.14%

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

1.44

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

25.8%

Solvency indicators evolution
DELPHINE MASSON

Sector positioning

Debt ratio
19.92% 2023
Q1: 0.53%
Med: 24.19%
Q3: 114.82%
Good -9 pts over 3 years

In 2023, the debt ratio of DELPHINE MASSON (19.9%) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
80.49% 2023
Q1: 9.74%
Med: 40.06%
Q3: 67.56%
Excellent +21 pts over 3 years

In 2023, the financial autonomy of DELPHINE MASSON (80.5%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
1.44 years 2023
Q1: 0.0 years
Med: 0.56 years
Q3: 2.83 years
Average -6 pts over 3 years

In 2023, the repayment capacity of DELPHINE MASSON (1.44) 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 14.53. Compared with its sector, this ratio places the company among the best positioned (sector median: 2.6). The interest coverage ratio (= EBIT / Interest expenses) is 2.1x. This ratio is more favorable than the sector median (0.3x).

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

14.53

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

2.15

Liquidity indicators evolution
DELPHINE MASSON

Sector positioning

Liquidity ratio
14.53 2023
Q1: 1.04
Med: 2.61
Q3: 6.36
Excellent

In 2023, the liquidity ratio of DELPHINE MASSON (14.53) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
2.15x 2023
Q1: 0.0x
Med: 0.26x
Q3: 2.61x
Good +11 pts over 3 years

In 2023, the interest coverage of DELPHINE MASSON (2.1x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 3 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 3 days. WCR is negative (-3 days): operations structurally generate cash. Between 2017 and 2023, WCR improved by 23 days of revenue, freeing up cash.

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

-1 637 €

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

3 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

3 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

-3 j

WCR and payment terms evolution
DELPHINE MASSON

Positioning of DELPHINE MASSON in its sector

Comparison with sector Activités des professionnels de la rééducation, de l’appareillage et des pédicures-podologues

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (26 transactions). This range of 34 333€ to 76 760€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2023
Indicative
34k€ 47k€ 76k€
47 563 € Range: 34 333€ - 76 760€
NAF 5 année 2023

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 26 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 (Activités des professionnels de la rééducation, de l’appareillage et des pédicures-podologues)

Compare DELPHINE MASSON with other companies in the same sector:

Voir toutes les statistiques du secteur Activités des professionnels de la rééducation, de l’appareillage et des pédicures-podologues

Top companies in Activités des professionnels de la rééducation, de l’appareillage et des pédicures-podologues

Largest companies by revenue in the sector Activités des professionnels de la rééducation, de l’appareillage et des pédicures-podologues:

Top companies in Territoire de Belfort

Largest companies by revenue in the department Territoire de Belfort:

Voir le classement complet du département Territoire de Belfort

Frequently asked questions about DELPHINE MASSON

What is the revenue of DELPHINE MASSON ?

The revenue of DELPHINE MASSON in 2023 is 184 k€.

Is DELPHINE MASSON profitable?

Yes, DELPHINE MASSON generated a net profit of 7 k€ in 2023.

Where is the headquarters of DELPHINE MASSON ?

The headquarters of DELPHINE MASSON is located in BELFORT (90000), in the department Territoire de Belfort.

Where to find the tax return of DELPHINE MASSON ?

The tax return of DELPHINE MASSON 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 DELPHINE MASSON operate?

DELPHINE MASSON operates in the sector Activités des professionnels de la rééducation, de l’appareillage et des pédicures-podologues (NAF code 86.90E). See the 'Sector positioning' section above to compare the company with its competitors.