FORGE DU HERON FEYRREBOIS MANUFACTURE : revenue, balance sheet and financial ratios

FORGE DU HERON FEYRREBOIS MANUFACTURE is a French company founded 37 years ago, specialized in the sector Travaux de menuiserie métallique et serrurerie. Based in LE HERON (76780), this company of category PME shows in 2025 a revenue of 47 k€. 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 - FORGE DU HERON FEYRREBOIS MANUFACTURE (SIREN 349982413)
Indicator 2025 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 47 192 € 76 549 € 55 214 € 94 731 € 114 417 € 200 737 € 169 440 € 160 871 € 216 648 €
Net income 15 709 € -33 487 € -23 564 € -9 476 € -16 691 € 9 999 € 1 506 € -18 806 € 22 125 €
EBITDA 7 959 € -16 272 € -10 935 € -5 889 € -23 827 € 17 937 € 9 430 € -10 067 € 31 071 €
Net margin 33.3% -43.7% -42.7% -10.0% -14.6% 5.0% 0.9% -11.7% 10.2%

Revenue and income statement

In 2025, FORGE DU HERON FEYRREBOIS MANUFACTURE achieves revenue of 47 k€. Revenue is declining over the period 2016-2025 (CAGR: -15.6%). Significant drop of -38% vs 2023. After deducting consumption (17 k€), gross margin stands at 31 k€, i.e. a rate of 65%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 8 k€, representing 16.9% of revenue. Positive scissor effect: EBITDA margin improves by +38.1 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 16 k€, i.e. 33.3% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2025) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

47 192 €

Gross margin (2025) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

30 657 €

EBITDA (2025) ?
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

7 959 €

EBIT (2025) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-1 301 €

Net income (2025) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

15 709 €

EBITDA margin (2025) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

16.9%

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Chart evolution

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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 -82%. 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%. Low autonomy: the company heavily depends on external financing (banks, suppliers). 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 49.8% 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 (2025) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

-81.625%

Financial autonomy (2025) ?
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

-46.971%

Cash flow / Revenue (2025) ?
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

49.805%

Repayment capacity (2025) ?
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

0.867

Asset age ratio (2025) ?
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

9.2%

Solvency indicators evolution
FORGE DU HERON FEYRREBOIS MANUFACTURE

Sector positioning

Debt ratio
-81.62 2025
2022
2023
2025
Q1: 4.19
Med: 16.06
Q3: 36.01
Excellent -50 pts over 3 years

In 2025, the debt ratio of FORGE DU HERON FEYRREBOIS... (-81.62) 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
-46.97% 2025
2022
2023
2025
Q1: 31.82%
Med: 48.6%
Q3: 62.94%
Watch -12 pts over 3 years

In 2025, the financial autonomy of FORGE DU HERON FEYRREBOIS... (-47.0%) 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
0.87 years 2025
2022
2023
2025
Q1: 0.0 years
Med: 0.46 years
Q3: 1.44 years
Average +36 pts over 3 years

In 2025, the repayment capacity of FORGE DU HERON FEYRREBOIS... (0.87) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 59.36. 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 1.8x. Coverage is limited: any activity downturn would jeopardize interest payments.

Liquidity ratio (2025) ?
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

59.357

Interest coverage (2025) ?
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

1.847

Liquidity indicators evolution
FORGE DU HERON FEYRREBOIS MANUFACTURE

Sector positioning

Liquidity ratio
59.36 2025
2022
2023
2025
Q1: 169.06
Med: 226.21
Q3: 323.06
Watch -14 pts over 3 years

In 2025, the liquidity ratio of FORGE DU HERON FEYRREBOIS... (59.36) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
1.85x 2025
2022
2023
2025
Q1: 0.0x
Med: 1.15x
Q3: 4.05x
Good +31 pts over 3 years

In 2025, the interest coverage of FORGE DU HERON FEYRREBOIS... (1.9x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 70 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 314 days. Excellent situation: suppliers finance 244 days of the operating cycle (retail model). Inventory turnover is 171 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 5 days of revenue, i.e. 619 € to permanently finance. Notable WCR improvement over the period (-29%), freeing up cash.

Operating WCR (2025) ?
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

619 €

Customer credit (2025) ?
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

70 j

Supplier credit (2025) ?
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

314 j

Inventory turnover (2025) ?
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

171 j

WCR in days of revenue (2025) ?
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

5 j

WCR and payment terms evolution
FORGE DU HERON FEYRREBOIS MANUFACTURE

Positioning of FORGE DU HERON FEYRREBOIS MANUFACTURE in its sector

Comparison with sector Travaux de menuiserie métallique et serrurerie

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (21 transactions). This range of 29 770€ to 102 981€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2025
Indicative
29k€ 65k€ 102k€
65 451 € Range: 29 770€ - 102 981€
NAF 5 année 2025

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 21 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 (Travaux de menuiserie métallique et serrurerie)

Compare FORGE DU HERON FEYRREBOIS MANUFACTURE with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux de menuiserie métallique et serrurerie

Frequently asked questions about FORGE DU HERON FEYRREBOIS MANUFACTURE

What is the revenue of FORGE DU HERON FEYRREBOIS MANUFACTURE ?

The revenue of FORGE DU HERON FEYRREBOIS MANUFACTURE in 2025 is 47 k€.

Is FORGE DU HERON FEYRREBOIS MANUFACTURE profitable?

Yes, FORGE DU HERON FEYRREBOIS MANUFACTURE generated a net profit of 16 k€ in 2025.

Where is the headquarters of FORGE DU HERON FEYRREBOIS MANUFACTURE ?

The headquarters of FORGE DU HERON FEYRREBOIS MANUFACTURE is located in LE HERON (76780), in the department Seine-Maritime.

Where to find the tax return of FORGE DU HERON FEYRREBOIS MANUFACTURE ?

The tax return of FORGE DU HERON FEYRREBOIS MANUFACTURE 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 FORGE DU HERON FEYRREBOIS MANUFACTURE operate?

FORGE DU HERON FEYRREBOIS MANUFACTURE operates in the sector Travaux de menuiserie métallique et serrurerie (NAF code 43.32B). See the 'Sector positioning' section above to compare the company with its competitors.