FONCIERE D'INVESTISSEMENTS ET DE PARTICIPATIONS (F.I.P.) : revenue, balance sheet and financial ratios

FONCIERE D'INVESTISSEMENTS ET DE PARTICIPATIONS (F.I.P.) is a French company founded 41 years ago, specialized in the sector Location de terrains et d'autres biens immobiliers. Based in GRENOBLE (38000), this company of category PME shows in 2024 a revenue of 1.3 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 D'INVESTISSEMENTS ET DE PARTICIPATIONS (F.I.P.) (SIREN 331367359)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 1 332 053 € 366 575 € 8 544 277 € 12 219 829 € 3 785 522 € 3 995 812 € 3 940 211 € 3 853 167 € 3 832 132 €
Net income -524 603 € -616 418 € 3 370 817 € -794 879 € 1 424 449 € 740 089 € 759 258 € 758 416 € 1 021 235 €
EBITDA 282 863 € -405 699 € 4 520 021 € -55 222 € 2 573 253 € 2 732 831 € 2 832 750 € 2 948 969 € 2 886 953 €
Net margin -39.4% -168.2% 39.5% -6.5% 37.6% 18.5% 19.3% 19.7% 26.6%

Revenue and income statement

In 2024, FONCIERE D'INVESTISSEMENTS ET DE PARTICIPATIONS (F.I.P.) achieves revenue of 1.3 M€. Revenue is declining over the period 2016-2024 (CAGR: -12.4%). Vs 2023, growth of +263% (367 k€ -> 1.3 M€). After deducting consumption (0 €), gross margin stands at 1.3 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 283 k€, representing 21.2% of revenue. Positive scissor effect: EBITDA margin improves by +131.9 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -525 k€ (-39.4% 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

1 332 053 €

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

1 332 053 €

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

282 863 €

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

-124 545 €

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

-524 603 €

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

21.2%

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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 143%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 25%. The balance between equity and debt is satisfactory.

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

143.383%

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

25.18%

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

-7.156%

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

-140.705

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

91.5%

Solvency indicators evolution
FONCIERE D'INVESTISSEMENTS ET DE PARTICIPATIONS (F.I.P.)

Sector positioning

Debt ratio
143.38 2024
2022
2023
2024
Q1: -20.62
Med: 5.98
Q3: 146.83
Average +19 pts over 3 years

In 2024, the debt ratio of FONCIERE D'INVESTISSEMENT... (143.38) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
25.18% 2024
2022
2023
2024
Q1: 0.04%
Med: 27.47%
Q3: 73.82%
Average -6 pts over 3 years

In 2024, the financial autonomy of FONCIERE D'INVESTISSEMENT... (25.2%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
-140.71 years 2024
2022
2023
2024
Q1: -0.02 years
Med: 0.65 years
Q3: 10.57 years
Excellent -27 pts over 3 years

In 2024, the repayment capacity of FONCIERE D'INVESTISSEMENT... (-140.71) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 106.54. 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 141.9x. 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

106.543

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

141.864

Liquidity indicators evolution
FONCIERE D'INVESTISSEMENTS ET DE PARTICIPATIONS (F.I.P.)

Sector positioning

Liquidity ratio
106.54 2024
2022
2023
2024
Q1: 83.33
Med: 307.99
Q3: 1318.25
Average -40 pts over 3 years

In 2024, the liquidity ratio of FONCIERE D'INVESTISSEMENT... (106.54) 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.

Interest coverage
141.86x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 20.04x
Excellent +22 pts over 3 years

In 2024, the interest coverage of FONCIERE D'INVESTISSEMENT... (141.9x) 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: 207 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 40 days. The gap of 167 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 1428 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. WCR is negative (-1356 days): operations structurally generate cash. Over 2016-2024, WCR increased by +36%, 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

-5 017 391 €

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

207 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

40 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

1428 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

-1356 j

WCR and payment terms evolution
FONCIERE D'INVESTISSEMENTS ET DE PARTICIPATIONS (F.I.P.)

Positioning of FONCIERE D'INVESTISSEMENTS ET DE PARTICIPATIONS (F.I.P.) in its sector

Comparison with sector Location de terrains et d'autres biens immobiliers

Valuation estimate

Based on 169 transactions of similar company sales in 2024, the value of FONCIERE D'INVESTISSEMENTS ET DE PARTICIPATIONS (F.I.P.) is estimated at 1 392 916 € (range 416 027€ - 2 518 369€). With an EBITDA of 282 863€, the sector multiple of 5.6x is applied. The price/revenue ratio is 0.81x (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.

Estimated enterprise value 2024
169 transactions
416k€ 1392k€ 2518k€
1 392 916 € Range: 416 027€ - 2 518 369€
NAF 5 année 2024

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
282 863 € × 5.6x
Estimation 1 583 984 €
419 291€ - 2 827 216€
Revenue Multiple 30%
1 332 053 € × 0.81x
Estimation 1 074 471 €
410 589€ - 2 003 625€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 169 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 (Location de terrains et d'autres biens immobiliers)

Compare FONCIERE D'INVESTISSEMENTS ET DE PARTICIPATIONS (F.I.P.) with other companies in the same sector:

Voir toutes les statistiques du secteur Location de terrains et d'autres biens immobiliers

Frequently asked questions about FONCIERE D'INVESTISSEMENTS ET DE PARTICIPATIONS (F.I.P.)

What is the revenue of FONCIERE D'INVESTISSEMENTS ET DE PARTICIPATIONS (F.I.P.) ?

The revenue of FONCIERE D'INVESTISSEMENTS ET DE PARTICIPATIONS (F.I.P.) in 2024 is 1.3 M€.

Is FONCIERE D'INVESTISSEMENTS ET DE PARTICIPATIONS (F.I.P.) profitable?

FONCIERE D'INVESTISSEMENTS ET DE PARTICIPATIONS (F.I.P.) recorded a net loss in 2024.

Where is the headquarters of FONCIERE D'INVESTISSEMENTS ET DE PARTICIPATIONS (F.I.P.) ?

The headquarters of FONCIERE D'INVESTISSEMENTS ET DE PARTICIPATIONS (F.I.P.) is located in GRENOBLE (38000), in the department Isere.

Where to find the tax return of FONCIERE D'INVESTISSEMENTS ET DE PARTICIPATIONS (F.I.P.) ?

The tax return of FONCIERE D'INVESTISSEMENTS ET DE PARTICIPATIONS (F.I.P.) 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 D'INVESTISSEMENTS ET DE PARTICIPATIONS (F.I.P.) operate?

FONCIERE D'INVESTISSEMENTS ET DE PARTICIPATIONS (F.I.P.) operates in the sector Location de terrains et d'autres biens immobiliers (NAF code 68.20B). See the 'Sector positioning' section above to compare the company with its competitors.