EDEN FLEET : revenue, balance sheet and financial ratios

EDEN FLEET is a French company founded 33 years ago, specialized in the sector Location de longue durée de voitures et de véhicules automobiles légers. Based in BRUGES (33520), this company of category ETI shows in 2024 a revenue of 14.0 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 - EDEN FLEET (SIREN 389091059)
Indicator 2024 2023 2022 2021 2020 2019 2019 2018 2017
Revenue 13 963 686 € 9 572 939 € 9 419 700 € 8 681 848 € 10 903 871 € 6 967 705 € 14 604 875 € 6 579 140 € 6 674 597 €
Net income 1 118 392 € 1 773 175 € 1 137 565 € 814 059 € 761 369 € 588 685 € 879 158 € 579 065 € 753 427 €
EBITDA 8 026 696 € 7 617 298 € 7 141 425 € 6 968 902 € 6 259 706 € 5 574 691 € 4 342 190 € 5 310 964 € 5 407 249 €
Net margin 8.0% 18.5% 12.1% 9.4% 7.0% 8.4% 6.0% 8.8% 11.3%

Revenue and income statement

In 2024, EDEN FLEET achieves revenue of 14.0 M€. Over the period 2017-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +11.1%. Vs 2023, growth of +46% (9.6 M€ -> 14.0 M€). After deducting consumption (4.0 M€), gross margin stands at 10.0 M€, i.e. a rate of 72%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 8.0 M€, representing 57.5% of revenue. Warning negative scissor effect: despite revenue change (+46%), EBITDA varies by +5%, reducing margin by 22.1 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.1 M€, i.e. 8.0% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

13 963 686 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

10 010 428 €

EBITDA (2024) ?
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

8 026 696 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

807 687 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

1 118 392 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

57.5%

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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 174%. 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 35%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.6 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 51.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

173.917%

Financial autonomy (2024) ?
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

34.507%

Cash flow / Revenue (2024) ?
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

51.864%

Repayment capacity (2024) ?
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

2.643

Asset age ratio (2024) ?
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

68.8%

Solvency indicators evolution
EDEN FLEET

Sector positioning

Debt ratio
173.92 2024
2022
2023
2024
Q1: 0.0
Med: 52.09
Q3: 260.67
Average +7 pts over 3 years

In 2024, the debt ratio of EDEN FLEET (173.92) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
34.51% 2024
2022
2023
2024
Q1: 4.51%
Med: 24.09%
Q3: 51.07%
Good

In 2024, the financial autonomy of EDEN FLEET (34.5%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
2.64 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 1.27 years
Q3: 3.63 years
Average +10 pts over 3 years

In 2024, the repayment capacity of EDEN FLEET (2.64) 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 98.96. 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 6.3x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2024) ?
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

98.963

Interest coverage (2024) ?
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

6.304

Liquidity indicators evolution
EDEN FLEET

Sector positioning

Liquidity ratio
98.96 2024
2022
2023
2024
Q1: 79.61
Med: 167.54
Q3: 370.44
Average +7 pts over 3 years

In 2024, the liquidity ratio of EDEN FLEET (98.96) 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.

Interest coverage
6.3x 2024
2022
2023
2024
Q1: 0.0x
Med: 1.37x
Q3: 11.14x
Good +10 pts over 3 years

In 2024, the interest coverage of EDEN FLEET (6.3x) 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: 50 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 108 days. Excellent situation: suppliers finance 58 days of the operating cycle (retail model). WCR is negative (-65 days): operations structurally generate cash.

Operating WCR (2024) ?
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

-2 505 225 €

Customer credit (2024) ?
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

50 j

Supplier credit (2024) ?
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

108 j

Inventory turnover (2024) ?
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 (2024) ?
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

-65 j

WCR and payment terms evolution
EDEN FLEET

Positioning of EDEN FLEET in its sector

Comparison with sector Location de longue durée de voitures et de véhicules automobiles légers

Valuation estimate

Based on 276 transactions of similar company sales (all years), the value of EDEN FLEET is estimated at 60 474 784 € (range 12 102 120€ - 86 052 494€). With an EBITDA of 8 026 696€, the sector multiple of 11.9x is applied. The price/revenue ratio is 2.33x (premium 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 2024
276 transactions
12102k€ 60474k€ 86052k€
60 474 784 € Range: 12 102 120€ - 86 052 494€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
8 026 696 € × 11.9x
Estimation 95 906 440 €
19 502 817€ - 130 495 614€
Revenue Multiple 30%
13 963 686 € × 2.33x
Estimation 32 586 103 €
7 607 989€ - 42 372 669€
Net Income Multiple 20%
1 118 392 € × 12.3x
Estimation 13 728 671 €
341 575€ - 40 464 434€

Valuation evolution

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 (Location de longue durée de voitures et de véhicules automobiles légers)

Compare EDEN FLEET with other companies in the same sector:

Voir toutes les statistiques du secteur Location de longue durée de voitures et de véhicules automobiles légers

Frequently asked questions about EDEN FLEET

What is the revenue of EDEN FLEET ?

The revenue of EDEN FLEET in 2024 is 14.0 M€.

Is EDEN FLEET profitable?

Yes, EDEN FLEET generated a net profit of 1.1 M€ in 2024.

Where is the headquarters of EDEN FLEET ?

The headquarters of EDEN FLEET is located in BRUGES (33520), in the department Gironde.

Where to find the tax return of EDEN FLEET ?

The tax return of EDEN FLEET 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 EDEN FLEET operate?

EDEN FLEET operates in the sector Location de longue durée de voitures et de véhicules automobiles légers (NAF code 77.11B). See the 'Sector positioning' section above to compare the company with its competitors.