SIREN : 498690619
FLANDRE AVENIR is a French company founded 18 years ago, specialized in the sector Gestion de fonds. Based in DUNKERQUE (59140), this company of category PME shows in 2017 a revenue of 193 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-04-18
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2017 | 2016 | 2015 |
|---|---|---|---|
| Revenue | 193 050 € | 417 316 € | 416 862 € |
| Net income | 127 993 € | 250 900 € | 81 812 € |
| EBITDA | 42 722 € | -7 137 € | -26 415 € |
| Net margin | 66.3% | 60.1% | 19.6% |
In 2017, FLANDRE AVENIR achieves revenue of 193 k€. Revenue is declining over the period 2015-2017 (CAGR: -31.9%). Significant drop of -54% vs 2016. After deducting consumption (0 €), gross margin stands at 193 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 43 k€, representing 22.1% of revenue. Positive scissor effect: EBITDA margin improves by +23.8 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 128 k€, i.e. 66.3% of revenue. This profit can be retained or distributed to shareholders.
193 050 €
193 050 €
42 722 €
-28 129 €
127 993 €
22.1%
The debt ratio (= Financial debt / Equity x 100) stands at 16%. 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 42%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.8 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 66.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
15.675%
42.295%
66.3%
0.764
In 2017, the debt ratio of FLANDRE AVENIR (15.68) 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 2017, the financial autonomy of FLANDRE AVENIR (42.3%) 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 2017, the repayment capacity of FLANDRE AVENIR (0.76) 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 9.94. 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 40.3x. Operating income very largely covers interest expenses: high safety margin.
9.938
40.349
In 2017, the liquidity ratio of FLANDRE AVENIR (9.94) 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.
In 2017, the interest coverage of FLANDRE AVENIR (40.4x) 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: 37 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 197 days. Excellent situation: suppliers finance 160 days of the operating cycle (retail model). WCR is negative (-1254 days): operations structurally generate cash. Notable WCR improvement over the period (-24%), freeing up cash.
-672 689 €
37 j
197 j
0 j
-1254 j
Based on 52 transactions of similar company sales
in 2017,
the value of FLANDRE AVENIR is estimated at
349 122 €
(range 110 088€ - 556 945€).
With an EBITDA of 42 722€, the sector multiple of 4.1x is applied.
The price/revenue ratio is 0.60x
(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.
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This estimate is based on the analysis of 52 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 FLANDRE AVENIR with other companies in the same sector:
The revenue of FLANDRE AVENIR in 2017 is 193 k€.
Yes, FLANDRE AVENIR generated a net profit of 128 k€ in 2017.
The headquarters of FLANDRE AVENIR is located in DUNKERQUE (59140), in the department Nord.
The tax return of FLANDRE AVENIR 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).
FLANDRE AVENIR operates in the sector Gestion de fonds (NAF code 66.30Z). See the 'Sector positioning' section above to compare the company with its competitors.