Employees: 12 (2023.0)Legal category: SCA (commandite par actions)Size: PMECreation date: 1997-01-01 (29 years)Status: ActiveBusiness sector: Construction de maisons individuellesLocation: CHAVENAY (78450), Yvelines
FIR DEVELOPPEMENT : revenue, balance sheet and financial ratios
FIR DEVELOPPEMENT is a French company
founded 29 years ago,
specialized in the sector Construction de maisons individuelles.
Based in CHAVENAY (78450),
this company of category PME
shows in 2020 a revenue of 6.1 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - FIR DEVELOPPEMENT (SIREN 410618425)
Indicator
2024
2023
2021
2020
2019
2018
2016
Revenue
N/C
N/C
N/C
6 062 241 €
7 205 790 €
6 733 979 €
7 789 580 €
Net income
168 797 €
24 140 €
68 324 €
-6 171 €
116 583 €
119 930 €
-57 948 €
EBITDA
N/C
N/C
N/C
39 686 €
172 839 €
148 496 €
-22 265 €
Net margin
N/C
N/C
N/C
-0.1%
1.6%
1.8%
-0.7%
Revenue and income statement
In 2024, FIR DEVELOPPEMENT generates positive net income of 169 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax.
Net income (2024)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
168 797 €
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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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Item
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 14%. 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 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
14.223%
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
29.927%
Asset age ratio (2024)
?
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
2016
2018
2019
2020
2021
2023
2024
Debt ratio
24.886
5.515
5.222
43.261
37.852
27.166
14.223
Financial autonomy
23.477
25.192
29.792
27.284
24.629
28.9
29.927
Repayment capacity
-3.758
0.294
0.351
16.515
None
None
None
Cash flow / Revenue
-0.537%
2.212%
1.877%
0.385%
None%
None%
None%
Sector positioning
Debt ratio
14.222024
2021
2023
2024
Q1: 0.02
Med: 9.46
Q3: 42.45
Average
In 2024, the debt ratio of FIR DEVELOPPEMENT (14.22) 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
29.93%2024
2021
2023
2024
Q1: 5.82%
Med: 26.77%
Q3: 49.1%
Good
In 2024, the financial autonomy of FIR DEVELOPPEMENT (29.9%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 165.87. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
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
165.865
Liquidity indicators evolution FIR DEVELOPPEMENT
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2018
2019
2020
2021
2023
2024
Liquidity ratio
138.344
131.53
144.026
154.921
157.11
147.219
165.865
Interest coverage
-14.256
3.076
3.185
25.357
None
None
None
Sector positioning
Liquidity ratio
165.872024
2021
2023
2024
Q1: 127.72
Med: 185.05
Q3: 290.78
Average
In 2024, the liquidity ratio of FIR DEVELOPPEMENT (165.87) 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.
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 (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
0 €
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
0 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
0 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 and payment terms evolution FIR DEVELOPPEMENT
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2018
2019
2020
2021
2023
2024
Operating WCR
1 448 940 €
2 085 177 €
1 083 607 €
1 369 885 €
0 €
0 €
0 €
Inventory turnover (days)
10
5
5
7
0
0
0
Customer payment term (days)
51
103
65
81
0
0
0
Supplier payment term (days)
70
98
72
75
0
0
0
Positioning of FIR DEVELOPPEMENT in its sector
Comparison with sector Construction de maisons individuelles
Valuation estimate
Based on 113 transactions of similar company sales
(all years),
the value of FIR DEVELOPPEMENT is estimated at
419 002 €
(range 142 044€ - 1 351 170€).
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 value2024
113 transactions
142k€419k€1351k€
419 002 €Range: 142 044€ - 1 351 170€
NAF 5 all-time
Valuation method used
Net Income Multiple
168 797 €
×
2.5x
=419 002 €
Range: 142 044€ - 1 351 171€
Only this financial indicator is available for this company.
How is this estimate calculated?
This estimate is based on the analysis of 113 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 (Construction de maisons individuelles)
Compare FIR DEVELOPPEMENT with other companies in the same sector:
Frequently asked questions about FIR DEVELOPPEMENT
What is the revenue of FIR DEVELOPPEMENT ?
The revenue of FIR DEVELOPPEMENT in 2020 is 6.1 M€.
Is FIR DEVELOPPEMENT profitable?
Yes, FIR DEVELOPPEMENT generated a net profit of 169 k€ in 2024.
Where is the headquarters of FIR DEVELOPPEMENT ?
The headquarters of FIR DEVELOPPEMENT is located in CHAVENAY (78450), in the department Yvelines.
Where to find the tax return of FIR DEVELOPPEMENT ?
The tax return of FIR DEVELOPPEMENT 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 FIR DEVELOPPEMENT operate?
FIR DEVELOPPEMENT operates in the sector Construction de maisons individuelles (NAF code 41.20A). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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