FRANCE LANORD ET BICHATON : revenue, balance sheet and financial ratios

FRANCE LANORD ET BICHATON is a French company founded 31 years ago, specialized in the sector Travaux de menuiserie bois et PVC. Based in VANDŒUVRE-LES-NANCY (54500), this company of category PME shows in 2024 a revenue of 5.9 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

Financial history - FRANCE LANORD ET BICHATON (SIREN 400977385)
Indicator 2024 2023 2022 2021 2018 2017 2016
Revenue 5 937 791 € 5 810 274 € 8 713 229 € 9 629 067 € N/C 11 827 709 € 11 001 075 €
Net income 160 415 € 2 201 € 21 455 € 394 634 € -479 577 € 5 733 € 146 606 €
EBITDA 186 282 € 106 171 € -661 826 € 402 917 € N/C -37 366 € -70 930 €
Net margin 2.7% 0.0% 0.2% 4.1% N/C 0.0% 1.3%

Revenue and income statement

In 2024, FRANCE LANORD ET BICHATON achieves revenue of 5.9 M€. Revenue is declining over the period 2016-2024 (CAGR: -7.4%). Vs 2023: +2%. After deducting consumption (522 k€), gross margin stands at 5.4 M€, i.e. a rate of 91%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 186 k€, representing 3.1% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 160 k€, i.e. 2.7% of revenue. This profit can be retained or distributed to shareholders.

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

5 937 791 €

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

5 415 702 €

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

186 282 €

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

128 137 €

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

160 415 €

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

3.1%

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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 61%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 27%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.7 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 3.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

61.259%

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

26.519%

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

3.66%

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

1.673

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

44.4%

Solvency indicators evolution
FRANCE LANORD ET BICHATON

Sector positioning

Debt ratio
61.26 2024
2022
2023
2024
Q1: 4.29
Med: 20.77
Q3: 53.87
Average

In 2024, the debt ratio of FRANCE LANORD ET BICHATON (61.26) 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
26.52% 2024
2022
2023
2024
Q1: 20.15%
Med: 40.86%
Q3: 57.83%
Average +8 pts over 3 years

In 2024, the financial autonomy of FRANCE LANORD ET BICHATON (26.5%) 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
1.67 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.35 years
Q3: 1.56 years
Average +50 pts over 3 years

In 2024, the repayment capacity of FRANCE LANORD ET BICHATON (1.67) 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 146.14. 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 12.0x. 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

146.139

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

12.037

Liquidity indicators evolution
FRANCE LANORD ET BICHATON

Sector positioning

Liquidity ratio
146.14 2024
2022
2023
2024
Q1: 151.49
Med: 214.55
Q3: 315.38
Watch -6 pts over 3 years

In 2024, the liquidity ratio of FRANCE LANORD ET BICHATON (146.14) 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
12.04x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.53x
Q3: 3.68x
Excellent +50 pts over 3 years

In 2024, the interest coverage of FRANCE LANORD ET BICHATON (12.0x) 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: 79 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 75 days. The company must finance 4 days of gap between collections and payments. Inventory turnover is 2 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 93 days of revenue, i.e. 1.5 M€ to permanently finance. Notable WCR improvement over the period (-55%), freeing up cash.

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

1 537 057 €

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

79 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

75 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

2 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

93 j

WCR and payment terms evolution
FRANCE LANORD ET BICHATON

Positioning of FRANCE LANORD ET BICHATON in its sector

Comparison with sector Travaux de menuiserie bois et PVC

Valuation estimate

Based on 51 transactions of similar company sales in 2024, the value of FRANCE LANORD ET BICHATON is estimated at 508 416 € (range 256 047€ - 744 012€). With an EBITDA of 186 282€, the sector multiple of 1.6x is applied. The price/revenue ratio is 0.14x (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.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2024
51 tx
256k€ 508k€ 744k€
508 416 € Range: 256 047€ - 744 012€
NAF 5 année 2024

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
186 282 € × 1.6x
Estimation 288 964 €
159 847€ - 388 627€
Revenue Multiple 30%
5 937 791 € × 0.14x
Estimation 849 856 €
443 412€ - 1 004 038€
Net Income Multiple 20%
160 415 € × 3.4x
Estimation 544 888 €
215 499€ - 1 242 436€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 51 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 bois et PVC)

Compare FRANCE LANORD ET BICHATON with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux de menuiserie bois et PVC

Frequently asked questions about FRANCE LANORD ET BICHATON

What is the revenue of FRANCE LANORD ET BICHATON ?

The revenue of FRANCE LANORD ET BICHATON in 2024 is 5.9 M€.

Is FRANCE LANORD ET BICHATON profitable?

Yes, FRANCE LANORD ET BICHATON generated a net profit of 160 k€ in 2024.

Where is the headquarters of FRANCE LANORD ET BICHATON ?

The headquarters of FRANCE LANORD ET BICHATON is located in VANDŒUVRE-LES-NANCY (54500), in the department Meurthe-et-Moselle.

Where to find the tax return of FRANCE LANORD ET BICHATON ?

The tax return of FRANCE LANORD ET BICHATON 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 FRANCE LANORD ET BICHATON operate?

FRANCE LANORD ET BICHATON operates in the sector Travaux de menuiserie bois et PVC (NAF code 43.32A). See the 'Sector positioning' section above to compare the company with its competitors.