FONCIERE BORDEROUGE : revenue, balance sheet and financial ratios

FONCIERE BORDEROUGE is a French company founded 15 years ago, specialized in the sector Supports juridiques de gestion de patrimoine immobilier. Based in TOULOUSE (31000), this company of category PME shows in 2024 a revenue of 2.3 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - FONCIERE BORDEROUGE (SIREN 528562895)
Indicator 2024 2023 2021 2020 2019 2018 2017 2016
Revenue 2 287 596 € 2 108 939 € 1 862 569 € 1 602 373 € 1 685 295 € 1 477 763 € 1 287 760 € 1 076 308 €
Net income -428 378 € -656 190 € -389 908 € -663 852 € -858 568 € -889 627 € -990 339 € -1 085 604 €
EBITDA 1 406 000 € 1 159 154 € 1 069 092 € 810 524 € 563 131 € 617 025 € 327 499 € 303 224 €
Net margin -18.7% -31.1% -20.9% -41.4% -50.9% -60.2% -76.9% -100.9%

Revenue and income statement

In 2024, FONCIERE BORDEROUGE achieves revenue of 2.3 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +9.9%. Vs 2023: +8%. After deducting consumption (66 k€), gross margin stands at 2.2 M€, i.e. a rate of 97%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.4 M€, representing 61.5% of revenue. Positive scissor effect: EBITDA margin improves by +6.5 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -428 k€ (-18.7% of revenue), which will impact equity.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

2 287 596 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

2 222 085 €

EBITDA (2024) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

1 406 000 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

339 466 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-428 378 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

61.5%

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at -278%. 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 -54%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 34.5 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 29.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

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

-278.055%

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

-54.262%

Cash flow / Revenue (2024) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

29.543%

Repayment capacity (2024) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

34.492

Asset age ratio (2024) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

56.6%

Solvency indicators evolution
FONCIERE BORDEROUGE

Sector positioning

Debt ratio
-278.06 2024
2021
2023
2024
Q1: 0.0
Med: 6.93
Q3: 134.27
Excellent

In 2024, the debt ratio of FONCIERE BORDEROUGE (-278.06) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
-54.26% 2024
2021
2023
2024
Q1: 0.05%
Med: 26.57%
Q3: 74.17%
Watch

In 2024, the financial autonomy of FONCIERE BORDEROUGE (-54.3%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.

Repayment capacity
34.49 years 2024
2021
2023
2024
Q1: -1.34 years
Med: 0.0 years
Q3: 4.54 years
Watch

In 2024, the repayment capacity of FONCIERE BORDEROUGE (34.49) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 495.53. 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 56.1x. Operating income very largely covers interest expenses: high safety margin.

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

495.531

Interest coverage (2024) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

56.121

Liquidity indicators evolution
FONCIERE BORDEROUGE

Sector positioning

Liquidity ratio
495.53 2024
2021
2023
2024
Q1: 94.1
Med: 322.17
Q3: 1824.83
Good

In 2024, the liquidity ratio of FONCIERE BORDEROUGE (495.53) 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.

Interest coverage
56.12x 2024
2021
2023
2024
Q1: -25.66x
Med: 0.0x
Q3: 8.44x
Excellent

In 2024, the interest coverage of FONCIERE BORDEROUGE (56.1x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 58 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 119 days. Excellent situation: suppliers finance 61 days of the operating cycle (retail model). Overall, WCR represents 101 days of revenue, i.e. 640 k€ to permanently finance. Over 2016-2024, WCR increased by +175%, requiring additional financing.

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

640 435 €

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

58 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

119 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 in days of revenue (2024) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

101 j

WCR and payment terms evolution
FONCIERE BORDEROUGE

Positioning of FONCIERE BORDEROUGE in its sector

Comparison with sector Supports juridiques de gestion de patrimoine immobilier

Valuation estimate

Based on 277 transactions of similar company sales (all years), the value of FONCIERE BORDEROUGE is estimated at 1 410 251 € (range 523 500€ - 4 050 376€). With an EBITDA of 1 406 000€, the sector multiple of 1.3x is applied. The price/revenue ratio is 0.29x (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.

Estimated enterprise value 2024
277 transactions
523k€ 1410k€ 4050k€
1 410 251 € Range: 523 500€ - 4 050 376€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
1 406 000 € × 1.3x
Estimation 1 864 736 €
648 816€ - 5 626 140€
Revenue Multiple 30%
2 287 596 € × 0.29x
Estimation 652 777 €
314 640€ - 1 424 103€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 277 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 (Supports juridiques de gestion de patrimoine immobilier)

Compare FONCIERE BORDEROUGE with other companies in the same sector:

Voir toutes les statistiques du secteur Supports juridiques de gestion de patrimoine immobilier

Frequently asked questions about FONCIERE BORDEROUGE

What is the revenue of FONCIERE BORDEROUGE ?

The revenue of FONCIERE BORDEROUGE in 2024 is 2.3 M€.

Is FONCIERE BORDEROUGE profitable?

FONCIERE BORDEROUGE recorded a net loss in 2024.

Where is the headquarters of FONCIERE BORDEROUGE ?

The headquarters of FONCIERE BORDEROUGE is located in TOULOUSE (31000), in the department Haute-Garonne.

Where to find the tax return of FONCIERE BORDEROUGE ?

The tax return of FONCIERE BORDEROUGE 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 FONCIERE BORDEROUGE operate?

FONCIERE BORDEROUGE operates in the sector Supports juridiques de gestion de patrimoine immobilier (NAF code 68.32B). See the 'Sector positioning' section above to compare the company with its competitors.