FINANCEMENT DE COMMERCE FIDECO : revenue, balance sheet and financial ratios

FINANCEMENT DE COMMERCE FIDECO is a French company founded 28 years ago, specialized in the sector Supports juridiques de gestion de patrimoine mobilier. Based in BERGERAC (24100), this company of category PME shows in 2024 a revenue of 123 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 - FINANCEMENT DE COMMERCE FIDECO (SIREN 415052505)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017
Revenue 122 998 € 167 894 € 170 748 € 156 000 € 156 000 € 137 272 € 257 103 € 290 284 €
Net income -450 334 € -1 180 133 € 47 696 € 21 363 € 215 156 € 110 724 € 9 518 € 20 950 €
EBITDA 39 161 € 40 944 € 41 112 € 30 389 € -304 143 € -317 329 € 33 014 € 40 641 €
Net margin -366.1% -702.9% 27.9% 13.7% 137.9% 80.7% 3.7% 7.2%

Revenue and income statement

In 2024, FINANCEMENT DE COMMERCE FIDECO achieves revenue of 123 k€. Revenue is declining over the period 2017-2024 (CAGR: -11.5%). Significant drop of -27% vs 2023. After deducting consumption (0 €), gross margin stands at 123 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 39 k€, representing 31.8% of revenue. Positive scissor effect: EBITDA margin improves by +7.5 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -450 k€ (-366.1% of revenue), which will impact equity.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

122 998 €

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

122 998 €

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

39 161 €

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

39 194 €

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

-450 334 €

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

31.8%

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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 -368%. 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 -32%. 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

-368.407%

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

-32.395%

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

-670.334%

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

-1.216

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

15.3%

Solvency indicators evolution
FINANCEMENT DE COMMERCE FIDECO

Sector positioning

Debt ratio
-368.41 2024
2022
2023
2024
Q1: 0.0
Med: 2.75
Q3: 41.16
Excellent -50 pts over 3 years

In 2024, the debt ratio of FINANCEMENT DE COMMERCE F... (-368.41) 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
-32.4% 2024
2022
2023
2024
Q1: 7.81%
Med: 60.44%
Q3: 91.96%
Average -20 pts over 3 years

In 2024, the financial autonomy of FINANCEMENT DE COMMERCE F... (-32.4%) 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
-1.22 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.07 years
Q3: 2.68 years
Excellent -51 pts over 3 years

In 2024, the repayment capacity of FINANCEMENT DE COMMERCE F... (-1.22) 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 77.85. 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 108.2x. Operating income very largely covers interest expenses: high safety margin.

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

77.852

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

108.189

Liquidity indicators evolution
FINANCEMENT DE COMMERCE FIDECO

Sector positioning

Liquidity ratio
77.85 2024
2022
2023
2024
Q1: 142.73
Med: 746.83
Q3: 3595.15
Watch -25 pts over 3 years

In 2024, the liquidity ratio of FINANCEMENT DE COMMERCE F... (77.85) 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
108.19x 2024
2022
2023
2024
Q1: -27.99x
Med: 0.0x
Q3: 0.0x
Excellent

In 2024, the interest coverage of FINANCEMENT DE COMMERCE F... (108.2x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 22 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 51 days. Favorable situation: supplier credit is longer than customer credit by 29 days. WCR is negative (-40 days): operations structurally generate cash. Notable WCR improvement over the period (-104%), freeing up cash.

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

-13 652 €

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

22 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

51 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

-40 j

WCR and payment terms evolution
FINANCEMENT DE COMMERCE FIDECO

Positioning of FINANCEMENT DE COMMERCE FIDECO in its sector

Comparison with sector Supports juridiques de gestion de patrimoine mobilier

Valuation estimate

Based on 103 transactions of similar company sales (all years), the value of FINANCEMENT DE COMMERCE FIDECO is estimated at 76 437 € (range 35 257€ - 161 559€). With an EBITDA of 39 161€, the sector multiple of 2.5x is applied. The price/revenue ratio is 0.30x (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
103 transactions
35k€ 76k€ 161k€
76 437 € Range: 35 257€ - 161 559€
NAF 5 all-time

Valuation detail by method

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EBITDA Multiple 50%
39 161 € × 2.5x
Estimation 99 791 €
44 438€ - 196 217€
Revenue Multiple 30%
122 998 € × 0.30x
Estimation 37 513 €
19 956€ - 103 797€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 103 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 (Supports juridiques de gestion de patrimoine mobilier)

Compare FINANCEMENT DE COMMERCE FIDECO with other companies in the same sector:

Voir toutes les statistiques du secteur Supports juridiques de gestion de patrimoine mobilier

Frequently asked questions about FINANCEMENT DE COMMERCE FIDECO

What is the revenue of FINANCEMENT DE COMMERCE FIDECO ?

The revenue of FINANCEMENT DE COMMERCE FIDECO in 2024 is 123 k€.

Is FINANCEMENT DE COMMERCE FIDECO profitable?

FINANCEMENT DE COMMERCE FIDECO recorded a net loss in 2024.

Where is the headquarters of FINANCEMENT DE COMMERCE FIDECO ?

The headquarters of FINANCEMENT DE COMMERCE FIDECO is located in BERGERAC (24100), in the department Dordogne.

Where to find the tax return of FINANCEMENT DE COMMERCE FIDECO ?

The tax return of FINANCEMENT DE COMMERCE FIDECO 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 FINANCEMENT DE COMMERCE FIDECO operate?

FINANCEMENT DE COMMERCE FIDECO operates in the sector Supports juridiques de gestion de patrimoine mobilier (NAF code 66.19A). See the 'Sector positioning' section above to compare the company with its competitors.