FROMAGERIE XAVIER MORIN : revenue, balance sheet and financial ratios

FROMAGERIE XAVIER MORIN is a French company founded 19 years ago, specialized in the sector Commerce de gros (commerce interentreprises) de produits laitiers, œufs, huiles et matières grasses comestibles. Based in NEUSSARGUES-MOISSAC (15170), this company of category PME shows in 2025 a revenue of 3.4 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-09-19

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

Synthèse

Santé financière : Fragile

Signal structurel : exploitation déficitaire (EBE négatif).

In summary, FROMAGERIE XAVIER MORIN is currently loss-making, which weighs on its accounts. Its financial structure is solid, with debt well contained relative to its sector.

Financial history - FROMAGERIE XAVIER MORIN (SIREN 494584303)
Indicator 2025 2024 2023 2022 2021 2020 2019 2018 2017
Revenue 3 436 141 € 3 631 579 € 3 318 664 € 3 196 462 € 2 925 106 € 2 609 513 € 2 240 038 € 2 370 159 € 2 229 756 €
Net income -1 018 € -27 874 € -113 853 € 120 588 € 54 188 € 40 007 € -2 694 € 65 235 € 54 126 €
EBITDA -108 € -29 582 € -117 889 € 26 367 € 66 508 € 46 901 € 19 643 € 82 706 € 199 763 €
Net margin -0.0% -0.8% -3.4% 3.8% 1.9% 1.5% -0.1% 2.8% 2.4%

Revenue and income statement

In 2025, FROMAGERIE XAVIER MORIN achieves revenue of 3.4 M€. Revenue is growing positively over 9 years (CAGR: +4.1%). Slight decline of -5% vs 2024. After deducting consumption (2.8 M€), gross margin stands at 635 k€, i.e. a rate of 18%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -108 €, representing -0.0% of revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -1 k€ (-0.0% of revenue), which will impact equity.

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

3 436 141 €

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

635 042 €

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

-108 €

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

-109 €

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

-1 018 €

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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 0%. This ratio is more favorable than the sector median (8.1%). Financial autonomy (= Equity / Total assets x 100) reaches 47%. This ratio is more favorable than the sector median (37.5%).

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

0.29%

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

46.62%

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

-0.03%

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

-0.87

Solvency indicators evolution
FROMAGERIE XAVIER MORIN

Sector positioning

Debt ratio
0.29% 2025
Q1: 0.0%
Med: 8.13%
Q3: 43.47%
Good

In 2025, the debt ratio of FROMAGERIE XAVIER MORIN (0.3%) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
46.62% 2025
Q1: 18.9%
Med: 37.46%
Q3: 54.29%
Good

In 2025, the financial autonomy of FROMAGERIE XAVIER MORIN (46.6%) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 1.30. This ratio is slightly less favorable than the sector median (1.5).

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

1.3

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

-841.67

Liquidity indicators evolution
FROMAGERIE XAVIER MORIN

Sector positioning

Liquidity ratio
1.3 2025
Q1: 1.14
Med: 1.47
Q3: 2.16
Average

In 2025, the liquidity ratio of FROMAGERIE XAVIER MORIN (1.30) 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
-841.67x 2025
Q1: 0.0x
Med: 1.07x
Q3: 6.69x
Watch -23 pts over 3 years

In 2025, the interest coverage of FROMAGERIE XAVIER MORIN (-841.7x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

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: 32 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 34 days. Favorable situation: supplier credit is longer than customer credit by 2 days. Inventory turnover is 2 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 41 days of revenue, i.e. 388 k€ to permanently finance.

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

387 665 €

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

32 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

34 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

2 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

41 j

WCR and payment terms evolution
FROMAGERIE XAVIER MORIN

Positioning of FROMAGERIE XAVIER MORIN in its sector

Comparison with sector Commerce de gros (commerce interentreprises) de produits laitiers, œufs, huiles et matières grasses comestibles

Valuation estimate

Based on 50 transactions of similar company sales (all years), the value of FROMAGERIE XAVIER MORIN is estimated at 1 886 373 € (range 536 183€ - 11 784 632€). 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.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2025
50 tx
536k€ 1886k€ 11784k€
1 886 373 € Range: 536 183€ - 11 784 632€
NAF 5 all-time

Valuation method used

Revenue Multiple
3 436 141 € × 0.55x = 1 886 373 €
Range: 536 183€ - 11 784 632€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 50 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 (Commerce de gros (commerce interentreprises) de produits laitiers, œufs, huiles et matières grasses comestibles)

Compare FROMAGERIE XAVIER MORIN with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de gros (commerce interentreprises) de produits laitiers, œufs, huiles et matières grasses comestibles

Top companies in Commerce de gros (commerce interentreprises) de produits laitiers, œufs, huiles et matières grasses comestibles

Largest companies by revenue in the sector Commerce de gros (commerce interentreprises) de produits laitiers, œufs, huiles et matières grasses comestibles:

Top companies in Cantal

Largest companies by revenue in the department Cantal:

Voir le classement complet du département Cantal

Frequently asked questions about FROMAGERIE XAVIER MORIN

What is the revenue of FROMAGERIE XAVIER MORIN ?

The revenue of FROMAGERIE XAVIER MORIN in 2025 is 3.4 M€.

Is FROMAGERIE XAVIER MORIN profitable?

FROMAGERIE XAVIER MORIN recorded a net loss in 2025.

Where is the headquarters of FROMAGERIE XAVIER MORIN ?

The headquarters of FROMAGERIE XAVIER MORIN is located in NEUSSARGUES-MOISSAC (15170), in the department Cantal.

Where to find the tax return of FROMAGERIE XAVIER MORIN ?

The tax return of FROMAGERIE XAVIER MORIN 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 FROMAGERIE XAVIER MORIN operate?

FROMAGERIE XAVIER MORIN operates in the sector Commerce de gros (commerce interentreprises) de produits laitiers, œufs, huiles et matières grasses comestibles (NAF code 46.33Z). See the 'Sector positioning' section above to compare the company with its competitors.