ETABLISSEMENTS BULTEL SAS : revenue, balance sheet and financial ratios

ETABLISSEMENTS BULTEL SAS is a French company founded 48 years ago, specialized in the sector Location et location-bail d'autres biens personnels et domestiques. Based in MOTTEVILLE (76970), this company of category PME shows in 2024 a revenue of 3.5 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 - ETABLISSEMENTS BULTEL SAS (SIREN 311867444)
Indicator 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2014 2013
Revenue N/C 3 478 054 € 3 054 478 € 2 439 973 € 836 186 € 1 614 655 € 2 926 824 € 3 032 334 € 2 941 497 € 2 973 547 € 3 026 545 € 3 253 332 €
Net income 96 203 € 80 300 € 159 639 € 169 334 € -183 098 € -372 727 € 287 758 € 228 281 € 176 285 € -122 630 € 15 656 € 17 585 €
EBITDA N/C 475 809 € 349 443 € 322 012 € -15 773 € -117 157 € 418 594 € 442 824 € 321 019 € 279 875 € 489 697 € 490 832 €
Net margin N/C 2.3% 5.2% 6.9% -21.9% -23.1% 9.8% 7.5% 6.0% -4.1% 0.5% 0.5%

Revenue and income statement

In 2025, ETABLISSEMENTS BULTEL SAS generates positive net income of 96 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2013-2025: 18 k€ -> 96 k€.

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

96 203 €

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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 67%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 22%. The balance between equity and debt is satisfactory.

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

66.612%

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

22.263%

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

22.9%

Solvency indicators evolution
ETABLISSEMENTS BULTEL SAS

Sector positioning

Debt ratio
66.61 2025
2023
2024
2025
Q1: 1.7
Med: 22.17
Q3: 81.11
Average -6 pts over 3 years

In 2025, the debt ratio of ETABLISSEMENTS BULTEL SAS (66.61) 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
22.26% 2025
2023
2024
2025
Q1: 19.14%
Med: 38.79%
Q3: 62.8%
Average -5 pts over 3 years

In 2025, the financial autonomy of ETABLISSEMENTS BULTEL SAS (22.3%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
1.3 years 2024
2023
2024
Q1: 0.0 years
Med: 0.07 years
Q3: 1.57 years
Average

In 2024, the repayment capacity of ETABLISSEMENTS BULTEL SAS (1.30) 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 93.88. 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

93.875

Liquidity indicators evolution
ETABLISSEMENTS BULTEL SAS

Sector positioning

Liquidity ratio
93.88 2025
2023
2024
2025
Q1: 116.06
Med: 197.47
Q3: 330.73
Watch -8 pts over 3 years

In 2025, the liquidity ratio of ETABLISSEMENTS BULTEL SAS (93.88) 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
31.73x 2024
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 2.31x
Excellent

In 2024, the interest coverage of ETABLISSEMENTS BULTEL SAS (31.7x) 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 (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

0 €

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

0 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

0 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

0 j

WCR and payment terms evolution
ETABLISSEMENTS BULTEL SAS

Positioning of ETABLISSEMENTS BULTEL SAS in its sector

Comparison with sector Location et location-bail d'autres biens personnels et domestiques

Valuation estimate

Based on 69 transactions of similar company sales (all years), the value of ETABLISSEMENTS BULTEL SAS is estimated at 386 677 € (range 151 308€ - 1 176 585€). 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.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2025
69 tx
151k€ 386k€ 1176k€
386 677 € Range: 151 308€ - 1 176 585€
NAF 5 all-time

Valuation method used

Net Income Multiple
96 203 € × 4.0x = 386 677 €
Range: 151 308€ - 1 176 586€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 69 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 et location-bail d'autres biens personnels et domestiques)

Compare ETABLISSEMENTS BULTEL SAS with other companies in the same sector:

Voir toutes les statistiques du secteur Location et location-bail d'autres biens personnels et domestiques

Frequently asked questions about ETABLISSEMENTS BULTEL SAS

What is the revenue of ETABLISSEMENTS BULTEL SAS ?

The revenue of ETABLISSEMENTS BULTEL SAS in 2024 is 3.5 M€.

Is ETABLISSEMENTS BULTEL SAS profitable?

Yes, ETABLISSEMENTS BULTEL SAS generated a net profit of 96 k€ in 2025.

Where is the headquarters of ETABLISSEMENTS BULTEL SAS ?

The headquarters of ETABLISSEMENTS BULTEL SAS is located in MOTTEVILLE (76970), in the department Seine-Maritime.

Where to find the tax return of ETABLISSEMENTS BULTEL SAS ?

The tax return of ETABLISSEMENTS BULTEL SAS 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 ETABLISSEMENTS BULTEL SAS operate?

ETABLISSEMENTS BULTEL SAS operates in the sector Location et location-bail d'autres biens personnels et domestiques (NAF code 77.29Z). See the 'Sector positioning' section above to compare the company with its competitors.