SIREN : 480916311
FBL is a French company founded 21 years ago, specialized in the sector Entreposage et stockage non frigorifique. Based in LE HAVRE (76600), this company of category PME shows in 2024 a revenue of 451 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| Revenue | 451 404 € | 492 001 € | 487 467 € | 341 202 € | 340 430 € | 211 367 € |
| Net income | 33 883 € | 41 899 € | 43 209 € | -20 824 € | -23 310 € | -26 266 € |
| EBITDA | 27 866 € | 54 326 € | 49 884 € | -16 658 € | -22 452 € | -26 622 € |
| Net margin | 7.5% | 8.5% | 8.9% | -6.1% | -6.8% | -12.4% |
In 2024, FBL achieves revenue of 451 k€. Over the period 2019-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +16.4%. Slight decline of -8% vs 2023. After deducting consumption (35 k€), gross margin stands at 416 k€, i.e. a rate of 92%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 28 k€, representing 6.2% of revenue. Warning negative scissor effect: despite revenue change (-8%), EBITDA varies by -49%, reducing margin by 4.9 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 34 k€, i.e. 7.5% of revenue. This profit can be retained or distributed to shareholders.
451 404 €
416 374 €
27 866 €
23 875 €
33 883 €
6.2%
The debt ratio (= Financial debt / Equity x 100) stands at 17%. 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 30%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.6 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 8.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
16.55%
29.83%
8.345%
0.642
17.4%
In 2024, the debt ratio of FBL (16.55) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2024, the financial autonomy of FBL (29.8%) 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 2024, the repayment capacity of FBL (0.64) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 145.40. 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 0.7x. Danger: operating income does not cover interest charges, unsustainable situation.
145.404
0.743
In 2024, the liquidity ratio of FBL (145.40) 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.
In 2024, the interest coverage of FBL (0.7x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 50 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 285 days. Excellent situation: suppliers finance 235 days of the operating cycle (retail model). Inventory turnover is 9 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 308 days of revenue, i.e. 387 k€ to permanently finance. Over 2019-2024, WCR increased by +232%, requiring additional financing.
386 618 €
50 j
285 j
9 j
308 j
Based on 77 transactions of similar company sales
(all years),
the value of FBL is estimated at
41 722 €
(range 21 799€ - 110 342€).
With an EBITDA of 27 866€, the sector multiple of 1.0x is applied.
The price/revenue ratio is 0.14x
(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.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 77 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 FBL with other companies in the same sector:
Voir toutes les statistiques du secteur Entreposage et stockage non frigorifique
The revenue of FBL in 2024 is 451 k€.
Yes, FBL generated a net profit of 34 k€ in 2024.
The headquarters of FBL is located in LE HAVRE (76600), in the department Seine-Maritime.
The tax return of FBL 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).
FBL operates in the sector Entreposage et stockage non frigorifique (NAF code 52.10B). See the 'Sector positioning' section above to compare the company with its competitors.