Employees: 11 (2023.0)Legal category: SCA (commandite par actions)Size: ETICreation date: 2019-10-23 (6 years)Status: ActiveBusiness sector: Conseil pour les affaires et autres conseils de gestionLocation: CHAUMONT (52000), Haute-Marne
F2J DEVELOPMENT : revenue, balance sheet and financial ratios
F2J DEVELOPMENT is a French company
founded 6 years ago,
specialized in the sector Conseil pour les affaires et autres conseils de gestion.
Based in CHAUMONT (52000),
this company of category ETI
shows in 2024 a revenue of 1.8 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - F2J DEVELOPMENT (SIREN 879066256)
Indicator
2024
2023
2022
2021
Revenue
1 776 203 €
1 439 345 €
821 408 €
727 701 €
Net income
-389 955 €
-117 395 €
-241 673 €
-206 344 €
EBITDA
-87 177 €
-25 968 €
-327 113 €
-288 096 €
Net margin
-22.0%
-8.2%
-29.4%
-28.4%
Revenue and income statement
In 2024, F2J DEVELOPMENT achieves revenue of 1.8 M€. Over the period 2021-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +34.6%. Vs 2023, growth of +23% (1.4 M€ -> 1.8 M€). After deducting consumption (0 €), gross margin stands at 1.8 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -87 k€, representing -4.9% of revenue. Warning negative scissor effect: despite revenue change (+23%), EBITDA varies by -236%, reducing margin by 3.1 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -390 k€ (-22.0% of revenue), which will impact equity.
Revenue (2024)
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Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production
1 776 203 €
Gross margin (2024)
?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
1 776 203 €
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
-87 177 €
EBIT (2024)
?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
-317 768 €
Net income (2024)
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Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
-389 955 €
EBITDA margin (2024)
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EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability 5-10% : Average < 5% : Low
-4.9%
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at -168%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches -56%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
Debt ratio (2024)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
-168.099%
Financial autonomy (2024)
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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
-56.445%
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
-13.3%
Repayment capacity (2024)
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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
-7.715
Asset age ratio (2024)
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Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2021
2022
2023
2024
Debt ratio
-625.761
-392.41
-375.792
-168.099
Financial autonomy
-16.594
-28.406
-28.424
-56.445
Repayment capacity
-12.701
-11.531
-35.298
-7.715
Cash flow / Revenue
-22.697%
-23.902%
-5.135%
-13.3%
Sector positioning
Debt ratio
-168.12024
2022
2023
2024
Q1: 0.0
Med: 3.98
Q3: 41.81
Excellent
In 2024, the debt ratio of F2J DEVELOPMENT (-168.10) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.
Financial autonomy
-56.45%2024
2022
2023
2024
Q1: 4.2%
Med: 38.87%
Q3: 76.44%
Average
In 2024, the financial autonomy of F2J DEVELOPMENT (-56.5%) 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
-7.71 years2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 1.1 years
Excellent
In 2024, the repayment capacity of F2J DEVELOPMENT (-7.71) 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 264.16. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2024)
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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
264.163
Interest coverage (2024)
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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
-124.534
Liquidity indicators evolution F2J DEVELOPMENT
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2021
2022
2023
2024
Liquidity ratio
633.807
503.171
403.5
264.163
Interest coverage
-8.45
-14.086
-478.624
-124.534
Sector positioning
Liquidity ratio
264.162024
2022
2023
2024
Q1: 138.87
Med: 313.12
Q3: 966.61
Average-19 pts over 3 years
In 2024, the liquidity ratio of F2J DEVELOPMENT (264.16) 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
-124.53x2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 0.26x
Average
In 2024, the interest coverage of F2J DEVELOPMENT (-124.5x) 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: 200 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 195 days. The company must finance 5 days of gap between collections and payments. Overall, WCR represents 153 days of revenue, i.e. 755 k€ to permanently finance. Notable WCR improvement over the period (-50%), freeing up cash.
Operating WCR (2024)
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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
754 922 €
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
200 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
195 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
153 j
WCR and payment terms evolution F2J DEVELOPMENT
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2021
2022
2023
2024
Operating WCR
1 501 917 €
1 532 575 €
1 861 260 €
754 922 €
Inventory turnover (days)
0
0
0
0
Customer payment term (days)
47
64
100
200
Supplier payment term (days)
120
114
165
195
Positioning of F2J DEVELOPMENT in its sector
Comparison with sector Conseil pour les affaires et autres conseils de gestion
Valuation estimate
Based on 69 transactions of similar company sales
in 2024,
the value of F2J DEVELOPMENT is estimated at
1 170 340 €
(range 681 103€ - 1 294 113€).
The price/revenue ratio is 0.66x
(in line with sector norms).
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 value2024
69 tx
681k€1170k€1294k€
1 170 340 €Range: 681 103€ - 1 294 113€
NAF 5 année 2024
Valuation method used
Revenue Multiple
1 776 203 €
×
0.66x
=1 170 340 €
Range: 681 104€ - 1 294 113€
Only this financial indicator is available for this company.
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
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 (Conseil pour les affaires et autres conseils de gestion)
Compare F2J DEVELOPMENT with other companies in the same sector:
The headquarters of F2J DEVELOPMENT is located in CHAUMONT (52000), in the department Haute-Marne.
Where to find the tax return of F2J DEVELOPMENT ?
The tax return of F2J DEVELOPMENT 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 F2J DEVELOPMENT operate?
F2J DEVELOPMENT operates in the sector Conseil pour les affaires et autres conseils de gestion (NAF code 70.22Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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