SIREN : 513856245
FLAT 69 is a French company founded 16 years ago, specialized in the sector Commerce de voitures et de véhicules automobiles légers. Based in SEREZIN-DU-RHONE (69360), this company of category PME shows in 2024 a revenue of 5.2 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-04-25
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5 156 723 € | 6 089 469 € | 5 112 880 € | 4 562 447 € | N/C | N/C | N/C | N/C | 4 001 738 € |
| Net income | 323 503 € | 326 165 € | 86 235 € | 59 501 € | 55 918 € | 81 452 € | 66 611 € | 102 708 € | 106 183 € |
| EBITDA | 552 402 € | 577 551 € | 157 202 € | 205 788 € | N/C | N/C | N/C | N/C | 246 532 € |
| Net margin | 6.3% | 5.4% | 1.7% | 1.3% | N/C | N/C | N/C | N/C | 2.7% |
In 2024, FLAT 69 achieves revenue of 5.2 M€. Revenue is growing positively over 9 years (CAGR: +3.2%). Significant drop of -15% vs 2023. After deducting consumption (2.0 M€), gross margin stands at 3.1 M€, i.e. a rate of 61%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 552 k€, representing 10.7% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 324 k€, i.e. 6.3% of revenue. This profit can be retained or distributed to shareholders.
5 156 723 €
3 131 329 €
552 402 €
433 764 €
323 503 €
10.7%
The debt ratio (= Financial debt / Equity x 100) stands at 274%. 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 22%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 4.3 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 8.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
274.283%
22.229%
8.221%
4.34
48.0%
In 2024, the debt ratio of FLAT 69 (274.28) 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 FLAT 69 (22.2%) 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 FLAT 69 (4.34) 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 379.90. 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 3.3x. Financial charges are adequately covered by operations.
379.898
3.314
In 2024, the liquidity ratio of FLAT 69 (379.90) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.
In 2024, the interest coverage of FLAT 69 (3.3x) 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: 15 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 22 days. Favorable situation: supplier credit is longer than customer credit by 7 days. Inventory turnover is 153 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 155 days of revenue, i.e. 2.2 M€ to permanently finance. Over 2016-2024, WCR increased by +64%, requiring additional financing.
2 215 844 €
15 j
22 j
153 j
155 j
Based on 148 transactions of similar company sales in 2024, the value of FLAT 69 is estimated at 862 511 € (range 370 198€ - 1 637 321€). With an EBITDA of 552 402€, the sector multiple of 1.6x is applied. The price/revenue ratio is 0.16x (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 148 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 FLAT 69 with other companies in the same sector:
Voir toutes les statistiques du secteur Commerce de voitures et de véhicules automobiles légers
The revenue of FLAT 69 in 2024 is 5.2 M€.
Yes, FLAT 69 generated a net profit of 324 k€ in 2024.
The headquarters of FLAT 69 is located in SEREZIN-DU-RHONE (69360), in the department Rhone.
The tax return of FLAT 69 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).
FLAT 69 operates in the sector Commerce de voitures et de véhicules automobiles légers (NAF code 45.11Z). See the 'Sector positioning' section above to compare the company with its competitors.