SIREN : 393044052
FAIR'BELLE is a French company founded 32 years ago, specialized in the sector Fabrication d’articles de joaillerie et bijouterie. Based in WASSELONNE (67310), this company of category ETI shows in 2020 a revenue of 10.8 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
| Indicator | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|
| Revenue | 10 794 607 € | 13 062 883 € | 11 641 885 € | 12 914 570 € | 13 791 671 € | 14 168 852 € |
| Net income | -593 648 € | 189 356 € | 146 671 € | 326 284 € | 799 112 € | 463 713 € |
| EBITDA | 1 258 446 € | 1 136 446 € | 333 497 € | 299 177 € | 575 276 € | 168 552 € |
| Net margin | -5.5% | 1.4% | 1.3% | 2.5% | 5.8% | 3.3% |
In 2020, FAIR'BELLE achieves revenue of 10.8 M€. Revenue is declining over the period 2015-2020 (CAGR: -5.3%). Significant drop of -17% vs 2019. After deducting consumption (5.5 M€), gross margin stands at 5.3 M€, i.e. a rate of 49%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.3 M€, representing 11.7% of revenue. Positive scissor effect: EBITDA margin improves by +3.0 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Net income is negative at -594 k€ (-5.5% of revenue), which will impact equity.
10 794 607 €
5 251 485 €
1 258 446 €
905 262 €
-593 648 €
11.7%
The debt ratio (= Financial debt / Equity x 100) stands at 143%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 37%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 5.6 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 10.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
142.681%
37.453%
10.364%
5.569
14.0%
In 2020, the debt ratio of FAIR'BELLE (142.68) 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.
In 2020, the financial autonomy of FAIR'BELLE (37.5%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2020, the repayment capacity of FAIR'BELLE (5.57) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.
The liquidity ratio (= Current assets / Current liabilities) stands at 1232.35. 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 11.2x. Operating income very largely covers interest expenses: high safety margin.
1232.35
11.179
In 2020, the liquidity ratio of FAIR'BELLE (1232.35) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.
In 2020, the interest coverage of FAIR'BELLE (11.2x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 69 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 18 days. The gap of 51 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 276 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 273 days of revenue, i.e. 8.2 M€ to permanently finance. Over 2015-2020, WCR increased by +30%, requiring additional financing.
8 192 135 €
69 j
18 j
276 j
273 j
Based on 101 transactions of similar company sales (all years), the value of FAIR'BELLE is estimated at 2 950 482 € (range 1 010 652€ - 5 418 313€). With an EBITDA of 1 258 446€, the sector multiple of 2.5x is applied. The price/revenue ratio is 0.24x (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.
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This estimate is based on the analysis of 101 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare FAIR'BELLE with other companies in the same sector:
Voir toutes les statistiques du secteur Fabrication d’articles de joaillerie et bijouterie
The revenue of FAIR'BELLE in 2020 is 10.8 M€.
FAIR'BELLE recorded a net loss in 2020.
The headquarters of FAIR'BELLE is located in WASSELONNE (67310), in the department Bas-Rhin.
The tax return of FAIR'BELLE 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).
FAIR'BELLE operates in the sector Fabrication d’articles de joaillerie et bijouterie (NAF code 32.12Z). See the 'Sector positioning' section above to compare the company with its competitors.