ENROBES DU PAYS BASQUE : revenue, balance sheet and financial ratios

ENROBES DU PAYS BASQUE is a French company founded 31 years ago, specialized in the sector Fabrication d'autres produits minéraux non métalliques n.c.a.. Based in BAYONNE (64100), this company of category GE shows in 2024 a revenue of 387 k€. 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 - ENROBES DU PAYS BASQUE (SIREN 399904465)
Indicator 2024 2023 2022 2021 2020 2019 2018 2016
Revenue 386 829 € 682 319 € 725 820 € 1 298 706 € 598 477 € 757 223 € N/C N/C
Net income 34 876 € 70 993 € 40 200 € 58 396 € 45 110 € 41 283 € 54 647 € 35 980 €
EBITDA -3 456 196 € 4 769 941 € -2 743 194 € -3 054 030 € -3 131 539 € -2 458 677 € -211 632 € -197 696 €
Net margin 9.0% 10.4% 5.5% 4.5% 7.5% 5.5% N/C N/C

Revenue and income statement

In 2024, ENROBES DU PAYS BASQUE achieves revenue of 387 k€. Revenue is declining over the period 2019-2024 (CAGR: -12.6%). Significant drop of -43% vs 2023. After deducting consumption (3.1 M€), gross margin stands at -2.7 M€, i.e. a rate of -703%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -3.5 M€, representing -893.5% of revenue. Warning negative scissor effect: despite revenue change (-43%), EBITDA varies by -172%, reducing margin by 1592.5 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 35 k€, i.e. 9.0% 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

386 829 €

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

-2 719 339 €

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

-3 456 196 €

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

455 399 €

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

34 876 €

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

-862.3%

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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 884%. 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 6%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

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

883.671%

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

5.797%

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

-951.429%

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

-0.342

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

21.8%

Solvency indicators evolution
ENROBES DU PAYS BASQUE

Sector positioning

Debt ratio
883.67 2024
2022
2023
2024
Q1: 0.0
Med: 11.35
Q3: 71.05
Watch +12 pts over 3 years

In 2024, the debt ratio of ENROBES DU PAYS BASQUE (883.67) 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
5.8% 2024
2022
2023
2024
Q1: 9.68%
Med: 23.36%
Q3: 45.54%
Watch -12 pts over 3 years

In 2024, the financial autonomy of ENROBES DU PAYS BASQUE (5.8%) 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
-0.34 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.65 years
Excellent

In 2024, the repayment capacity of ENROBES DU PAYS BASQUE (-0.34) 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 143.61. 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

143.612

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

-2.046

Liquidity indicators evolution
ENROBES DU PAYS BASQUE

Sector positioning

Liquidity ratio
143.61 2024
2022
2023
2024
Q1: 94.61
Med: 137.76
Q3: 236.84
Good +27 pts over 3 years

In 2024, the liquidity ratio of ENROBES DU PAYS BASQUE (143.61) 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
-2.05x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.99x
Q3: 6.91x
Average

In 2024, the interest coverage of ENROBES DU PAYS BASQUE (-2.0x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

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: 690 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 81 days. The gap of 609 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 247 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 1023 days of revenue, i.e. 1.1 M€ to permanently finance.

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

1 099 500 €

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

690 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

81 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

247 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

1023 j

WCR and payment terms evolution
ENROBES DU PAYS BASQUE

Positioning of ENROBES DU PAYS BASQUE in its sector

Comparison with sector Fabrication d'autres produits minéraux non métalliques n.c.a.

Valuation estimate

Based on 228 transactions of similar company sales (all years), the value of ENROBES DU PAYS BASQUE is estimated at 54 946 € (range 27 234€ - 148 240€). The price/revenue ratio is 0.13x (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 2024
228 transactions
27k€ 54k€ 148k€
54 946 € Range: 27 234€ - 148 240€
Section all-time Aggregated at NAF section level

Valuation detail by method

Ajustez les pondérations selon votre analyse

Revenue Multiple 30%
386 829 € × 0.13x
Estimation 49 550 €
34 182€ - 147 342€
Net Income Multiple 20%
34 876 € × 1.8x
Estimation 63 040 €
16 814€ - 149 589€
How is this estimate calculated?

This estimate is based on the analysis of 228 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 produits minéraux non métalliques n.c.a.)

Compare ENROBES DU PAYS BASQUE with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication d'autres produits minéraux non métalliques n.c.a.

Frequently asked questions about ENROBES DU PAYS BASQUE

What is the revenue of ENROBES DU PAYS BASQUE ?

The revenue of ENROBES DU PAYS BASQUE in 2024 is 387 k€.

Is ENROBES DU PAYS BASQUE profitable?

Yes, ENROBES DU PAYS BASQUE generated a net profit of 35 k€ in 2024.

Where is the headquarters of ENROBES DU PAYS BASQUE ?

The headquarters of ENROBES DU PAYS BASQUE is located in BAYONNE (64100), in the department Pyrenees-Atlantiques.

Where to find the tax return of ENROBES DU PAYS BASQUE ?

The tax return of ENROBES DU PAYS BASQUE 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 ENROBES DU PAYS BASQUE operate?

ENROBES DU PAYS BASQUE operates in the sector Fabrication d'autres produits minéraux non métalliques n.c.a. (NAF code 23.99Z). See the 'Sector positioning' section above to compare the company with its competitors.