SIREN : 403521909
FLANDREDIS is a French company founded 30 years ago, specialized in the sector Hypermarchés. Based in BAILLEUL (59270), this company of category ETI shows in 2024 a revenue of 87.1 M€. 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 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|
| Revenue | 87 137 986 € | 42 187 503 € | 100 477 211 € | 97 914 315 € | 90 925 605 € | 88 130 649 € | 86 439 228 € |
| Net income | 2 201 106 € | 1 290 967 € | 2 008 262 € | 1 623 660 € | 1 711 966 € | 1 563 759 € | 1 574 027 € |
| EBITDA | 4 325 807 € | 2 437 488 € | 3 584 799 € | 2 933 601 € | 3 339 564 € | 3 588 789 € | 3 718 134 € |
| Net margin | 2.5% | 3.1% | 2.0% | 1.7% | 1.9% | 1.8% | 1.8% |
In 2024, FLANDREDIS achieves revenue of 87.1 M€. Revenue is growing positively over 7 years (CAGR: +0.2%). Vs 2023, growth of +107% (42.2 M€ -> 87.1 M€). After deducting consumption (67.5 M€), gross margin stands at 19.7 M€, i.e. a rate of 23%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 4.3 M€, representing 5.0% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 2.2 M€, i.e. 2.5% of revenue. This profit can be retained or distributed to shareholders.
87 137 986 €
19 661 031 €
4 325 807 €
3 745 117 €
2 201 106 €
5.0%
The debt ratio (= Financial debt / Equity x 100) stands at 202%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 18%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.5 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 3.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
202.417%
17.798%
3.29%
2.514
19.6%
In 2024, the debt ratio of FLANDREDIS (202.42) 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 FLANDREDIS (17.8%) 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 FLANDREDIS (2.51) 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 142.80. 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 5.3x. Operating income very largely covers interest expenses: high safety margin.
142.797
5.279
In 2024, the liquidity ratio of FLANDREDIS (142.80) 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 FLANDREDIS (5.3x) 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: 4 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 29 days. Favorable situation: supplier credit is longer than customer credit by 25 days. Inventory turnover is 25 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 33 days of revenue, i.e. 8.0 M€ to permanently finance. Over 2019-2024, WCR increased by +35%, requiring additional financing.
8 007 110 €
4 j
29 j
25 j
33 j
Based on 551 transactions of similar company sales in 2024, the value of FLANDREDIS is estimated at 18 801 000 € (range 7 988 696€ - 38 611 437€). With an EBITDA of 4 325 807€, the sector multiple of 4.7x is applied. The price/revenue ratio is 0.23x (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 551 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 FLANDREDIS with other companies in the same sector:
The revenue of FLANDREDIS in 2024 is 87.1 M€.
Yes, FLANDREDIS generated a net profit of 2.2 M€ in 2024.
The headquarters of FLANDREDIS is located in BAILLEUL (59270), in the department Nord.
The tax return of FLANDREDIS 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).
FLANDREDIS operates in the sector Hypermarchés (NAF code 47.11F). See the 'Sector positioning' section above to compare the company with its competitors.