FLUIDES CONCEPT 66 : revenue, balance sheet and financial ratios

In 2025, FLUIDES CONCEPT 66 achieves revenue of 3.5 M€. Over the period 2016-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +11.9%. Significant drop of -14% vs 2024. After deducting consumption (1.6 M€), gross margin stands at 1.9 M€, i.e. a rate of 55%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 83 k€, representing 2.4% of revenue. Warning negative scissor effect: despite revenue change (-14%), EBITDA varies by -72%, reducing margin by 4.8 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 47 k€, i.e. 1.3% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 8%. 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 47%. 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 0.9 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 1.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

The liquidity ratio (= Current assets / Current liabilities) stands at 184.85. 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 2.5x. Financial charges are adequately covered by operations.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 80 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 58 days. The company must finance 22 days of gap between collections and payments. Inventory turnover is 6 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 80 days of revenue, i.e. 772 k€ to permanently finance. Over 2016-2025, WCR increased by +158%, requiring additional financing.

Indicative estimate only : the number of comparable transactions in this sector is limited (38 transactions). This range of 322 865€ to 548 873€ is provided for information purposes only and requires in-depth analysis to be confirmed.