FRENCH DESSERTS : revenue, balance sheet and financial ratios

FRENCH DESSERTS is a French company founded 42 years ago, specialized in the sector Fabrication industrielle de pain et de pâtisserie fraîche. Based in ANGOULEME (16000), this company of category PME shows in 2024 a revenue of 6.8 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-18

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

Financial history - FRENCH DESSERTS (SIREN 329814008)
Indicator 2024 2023 2022 2021 2020 2019 2016 2015
Revenue 6 827 177 € 6 107 895 € 5 113 717 € 3 159 753 € 1 765 238 € 2 525 150 € 1 431 415 € 1 382 683 €
Net income 277 024 € 618 360 € 195 006 € 159 672 € 41 018 € 8 750 € -384 263 € -743 614 €
EBITDA 1 182 854 € 1 064 794 € 664 731 € 109 117 € -47 365 € 4 298 € -493 714 € -334 596 €
Net margin 4.1% 10.1% 3.8% 5.1% 2.3% 0.3% -26.8% -53.8%

Revenue and income statement

In 2024, FRENCH DESSERTS achieves revenue of 6.8 M€. Over the period 2015-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +19.4%. Vs 2023, growth of +12% (6.1 M€ -> 6.8 M€). After deducting consumption (1.8 M€), gross margin stands at 5.1 M€, i.e. a rate of 74%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.2 M€, representing 17.3% of revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 277 k€, i.e. 4.1% 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

6 827 177 €

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

5 069 026 €

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

1 182 854 €

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

607 248 €

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

277 024 €

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

17.3%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 79%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 43%. 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 2.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 12.7% 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

78.966%

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

43.279%

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

12.716%

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

2.202

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

55.0%

Solvency indicators evolution
FRENCH DESSERTS

Sector positioning

Debt ratio
78.97 2024
2022
2023
2024
Q1: 0.01
Med: 31.43
Q3: 103.18
Average +10 pts over 3 years

In 2024, the debt ratio of FRENCH DESSERTS (78.97) 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
43.28% 2024
2022
2023
2024
Q1: 10.05%
Med: 32.57%
Q3: 56.13%
Good

In 2024, the financial autonomy of FRENCH DESSERTS (43.3%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
2.2 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.16 years
Q3: 2.48 years
Average +10 pts over 3 years

In 2024, the repayment capacity of FRENCH DESSERTS (2.20) 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 157.33. 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 4.4x. Financial charges are adequately covered by operations.

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

157.328

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

4.401

Liquidity indicators evolution
FRENCH DESSERTS

Sector positioning

Liquidity ratio
157.33 2024
2022
2023
2024
Q1: 103.03
Med: 152.34
Q3: 235.38
Good +24 pts over 3 years

In 2024, the liquidity ratio of FRENCH DESSERTS (157.33) 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
4.4x 2024
2022
2023
2024
Q1: 0.0x
Med: 1.79x
Q3: 5.96x
Good +7 pts over 3 years

In 2024, the interest coverage of FRENCH DESSERTS (4.4x) 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: 28 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 75 days. Excellent situation: suppliers finance 47 days of the operating cycle (retail model). Inventory turnover is 25 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 60 days of revenue, i.e. 1.1 M€ to permanently finance. Over 2015-2024, WCR increased by +199%, 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

1 135 496 €

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

28 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

25 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

60 j

WCR and payment terms evolution
FRENCH DESSERTS

Positioning of FRENCH DESSERTS in its sector

Comparison with sector Fabrication industrielle de pain et de pâtisserie fraîche

Valuation estimate

Based on 203 transactions of similar company sales in 2024, the value of FRENCH DESSERTS is estimated at 5 606 451 € (range 3 082 984€ - 8 797 673€). With an EBITDA of 1 182 854€, the sector multiple of 6.7x is applied. The price/revenue ratio is 0.55x (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
203 transactions
3082k€ 5606k€ 8797k€
5 606 451 € Range: 3 082 984€ - 8 797 673€
NAF 5 année 2024

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
1 182 854 € × 6.7x
Estimation 7 964 307 €
4 241 003€ - 12 739 281€
Revenue Multiple 30%
6 827 177 € × 0.55x
Estimation 3 786 880 €
2 365 233€ - 5 040 973€
Net Income Multiple 20%
277 024 € × 8.8x
Estimation 2 441 170 €
1 264 568€ - 4 578 707€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 203 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 (Fabrication industrielle de pain et de pâtisserie fraîche)

Compare FRENCH DESSERTS with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication industrielle de pain et de pâtisserie fraîche

Frequently asked questions about FRENCH DESSERTS

What is the revenue of FRENCH DESSERTS ?

The revenue of FRENCH DESSERTS in 2024 is 6.8 M€.

Is FRENCH DESSERTS profitable?

Yes, FRENCH DESSERTS generated a net profit of 277 k€ in 2024.

Where is the headquarters of FRENCH DESSERTS ?

The headquarters of FRENCH DESSERTS is located in ANGOULEME (16000), in the department Charente.

Where to find the tax return of FRENCH DESSERTS ?

The tax return of FRENCH DESSERTS 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 FRENCH DESSERTS operate?

FRENCH DESSERTS operates in the sector Fabrication industrielle de pain et de pâtisserie fraîche (NAF code 10.71A). See the 'Sector positioning' section above to compare the company with its competitors.