ELEGIA DEVELOPPEMENT : revenue, balance sheet and financial ratios

ELEGIA DEVELOPPEMENT is a French company founded 9 years ago, specialized in the sector Location de terrains et d'autres biens immobiliers. Based in GRENOBLE (38000), this company of category PME shows in 2023 a revenue of 666 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 - ELEGIA DEVELOPPEMENT (SIREN 820888162)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017
Revenue N/C 665 800 € 1 585 472 € 868 669 € 943 877 € 35 417 € 26 279 € 16 850 €
Net income 104 358 € 137 200 € 57 599 € 13 969 € -58 037 € -71 330 € -34 500 € -116 309 €
EBITDA N/C 546 561 € 445 686 € 318 323 € -56 783 € -77 375 € -34 500 € -116 309 €
Net margin N/C 20.6% 3.6% 1.6% -6.1% -201.4% -131.3% -690.3%

Revenue and income statement

In 2024, ELEGIA DEVELOPPEMENT generates positive net income of 104 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax.

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

104 358 €

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 158%. 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 38%. The balance between equity and debt is satisfactory.

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

158.461%

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

37.536%

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

86.9%

Solvency indicators evolution
ELEGIA DEVELOPPEMENT

Sector positioning

Debt ratio
158.46 2024
2022
2023
2024
Q1: -21.15
Med: 5.9
Q3: 146.94
Average +10 pts over 3 years

In 2024, the debt ratio of ELEGIA DEVELOPPEMENT (158.46) 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
37.54% 2024
2022
2023
2024
Q1: 0.03%
Med: 27.42%
Q3: 73.8%
Good

In 2024, the financial autonomy of ELEGIA DEVELOPPEMENT (37.5%) 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
24.87 years 2023
2022
2023
Q1: -0.3 years
Med: 0.44 years
Q3: 10.35 years
Average

In 2023, the repayment capacity of ELEGIA DEVELOPPEMENT (24.87) 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 342.74. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

342.742

Liquidity indicators evolution
ELEGIA DEVELOPPEMENT

Sector positioning

Liquidity ratio
342.74 2024
2022
2023
2024
Q1: 83.19
Med: 307.52
Q3: 1319.53
Good +9 pts over 3 years

In 2024, the liquidity ratio of ELEGIA DEVELOPPEMENT (342.74) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
48.49x 2023
2022
2023
Q1: 0.0x
Med: 0.0x
Q3: 16.99x
Excellent

In 2023, the interest coverage of ELEGIA DEVELOPPEMENT (48.5x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.

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

0 €

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

0 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

0 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 and payment terms evolution
ELEGIA DEVELOPPEMENT

Positioning of ELEGIA DEVELOPPEMENT in its sector

Comparison with sector Location de terrains et d'autres biens immobiliers

Valuation estimate

Based on 169 transactions of similar company sales in 2024, the value of ELEGIA DEVELOPPEMENT is estimated at 711 129 € (range 213 814€ - 1 290 222€). 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
169 transactions
213k€ 711k€ 1290k€
711 129 € Range: 213 814€ - 1 290 222€
NAF 5 année 2024

Valuation method used

Net Income Multiple
104 358 € × 6.8x = 711 130 €
Range: 213 814€ - 1 290 223€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 169 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 terrains et d'autres biens immobiliers)

Compare ELEGIA DEVELOPPEMENT with other companies in the same sector:

Voir toutes les statistiques du secteur Location de terrains et d'autres biens immobiliers

Frequently asked questions about ELEGIA DEVELOPPEMENT

What is the revenue of ELEGIA DEVELOPPEMENT ?

The revenue of ELEGIA DEVELOPPEMENT in 2023 is 666 k€.

Is ELEGIA DEVELOPPEMENT profitable?

Yes, ELEGIA DEVELOPPEMENT generated a net profit of 104 k€ in 2024.

Where is the headquarters of ELEGIA DEVELOPPEMENT ?

The headquarters of ELEGIA DEVELOPPEMENT is located in GRENOBLE (38000), in the department Isere.

Where to find the tax return of ELEGIA DEVELOPPEMENT ?

The tax return of ELEGIA DEVELOPPEMENT 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 ELEGIA DEVELOPPEMENT operate?

ELEGIA DEVELOPPEMENT operates in the sector Location de terrains et d'autres biens immobiliers (NAF code 68.20B). See the 'Sector positioning' section above to compare the company with its competitors.