FUTURES ENERGIES LES TERRAINS GRIS : revenue, balance sheet and financial ratios

FUTURES ENERGIES LES TERRAINS GRIS is a French company founded 12 years ago, specialized in the sector Production d'électricité. Based in MONTPELLIER (34000), this company of category ETI shows in 2023 a revenue of 2.6 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 - FUTURES ENERGIES LES TERRAINS GRIS (SIREN 797539566)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 2 598 909 € 2 103 906 € 1 974 753 € 2 502 276 € 2 268 510 € 829 482 € N/C N/C
Net income 785 240 € 559 308 € 401 626 € 660 345 € 470 033 € 154 470 € -26 208 € -7 876 €
EBITDA 2 118 888 € 1 636 466 € 1 471 905 € 1 944 491 € 1 803 653 € 624 124 € -22 807 € -7 481 €
Net margin 30.2% 26.6% 20.3% 26.4% 20.7% 18.6% N/C N/C

Revenue and income statement

In 2023, FUTURES ENERGIES LES TERRAINS GRIS achieves revenue of 2.6 M€. Over the period 2018-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +25.7%. Vs 2022, growth of +24% (2.1 M€ -> 2.6 M€). After deducting consumption (0 €), gross margin stands at 2.6 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 2.1 M€, representing 81.5% of revenue. Positive scissor effect: EBITDA margin improves by +3.7 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 785 k€, i.e. 30.2% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

2 598 909 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

2 598 909 €

EBITDA (2023) ?
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

2 118 888 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

1 733 941 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

785 240 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

81.5%

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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 258%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. 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 5.6 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 57.3% 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 (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

258.024%

Financial autonomy (2023) ?
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

26.74%

Cash flow / Revenue (2023) ?
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

57.299%

Repayment capacity (2023) ?
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

5.608

Asset age ratio (2023) ?
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

79.1%

Solvency indicators evolution
FUTURES ENERGIES LES TERRAINS GRIS

Sector positioning

Debt ratio
258.02 2023
2021
2022
2023
Q1: -242.24
Med: 0.0
Q3: 190.04
Average

In 2023, the debt ratio of FUTURES ENERGIES LES TERR... (258.02) 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
26.74% 2023
2021
2022
2023
Q1: -6.3%
Med: 6.35%
Q3: 49.74%
Good +7 pts over 3 years

In 2023, the financial autonomy of FUTURES ENERGIES LES TERR... (26.7%) 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
5.61 years 2023
2021
2022
2023
Q1: -3.51 years
Med: 0.0 years
Q3: 6.0 years
Average

In 2023, the repayment capacity of FUTURES ENERGIES LES TERR... (5.61) 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 900.16. 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 17.4x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2023) ?
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

900.165

Interest coverage (2023) ?
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

17.369

Liquidity indicators evolution
FUTURES ENERGIES LES TERRAINS GRIS

Sector positioning

Liquidity ratio
900.16 2023
2021
2022
2023
Q1: 87.04
Med: 274.98
Q3: 887.78
Excellent +19 pts over 3 years

In 2023, the liquidity ratio of FUTURES ENERGIES LES TERR... (900.16) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
17.37x 2023
2021
2022
2023
Q1: -3.13x
Med: 0.15x
Q3: 16.93x
Excellent +19 pts over 3 years

In 2023, the interest coverage of FUTURES ENERGIES LES TERR... (17.4x) 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: 70 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 167 days. Excellent situation: suppliers finance 97 days of the operating cycle (retail model). Overall, WCR represents 33 days of revenue, i.e. 237 k€ to permanently finance.

Operating WCR (2023) ?
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

236 709 €

Customer credit (2023) ?
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 (2023) ?
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

167 j

Inventory turnover (2023) ?
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

0 j

WCR in days of revenue (2023) ?
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

33 j

WCR and payment terms evolution
FUTURES ENERGIES LES TERRAINS GRIS

Positioning of FUTURES ENERGIES LES TERRAINS GRIS in its sector

Comparison with sector Production d'électricité

Valuation estimate

Based on 85 transactions of similar company sales (all years), the value of FUTURES ENERGIES LES TERRAINS GRIS is estimated at 3 555 156 € (range 502 329€ - 14 024 344€). With an EBITDA of 2 118 888€, the sector multiple of 2.4x is applied. The price/revenue ratio is 0.69x (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 2023
85 tx
502k€ 3555k€ 14024k€
3 555 156 € Range: 502 329€ - 14 024 344€
NAF 5 all-time

Valuation detail by method

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EBITDA Multiple 50%
2 118 888 € × 2.4x
Estimation 5 127 011 €
562 602€ - 19 237 473€
Revenue Multiple 30%
2 598 909 € × 0.69x
Estimation 1 798 030 €
353 981€ - 9 124 348€
Net Income Multiple 20%
785 240 € × 2.9x
Estimation 2 261 207 €
574 173€ - 8 341 516€
How is this estimate calculated?

This estimate is based on the analysis of 85 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 (Production d'électricité)

Compare FUTURES ENERGIES LES TERRAINS GRIS with other companies in the same sector:

Voir toutes les statistiques du secteur Production d'électricité

Frequently asked questions about FUTURES ENERGIES LES TERRAINS GRIS

What is the revenue of FUTURES ENERGIES LES TERRAINS GRIS ?

The revenue of FUTURES ENERGIES LES TERRAINS GRIS in 2023 is 2.6 M€.

Is FUTURES ENERGIES LES TERRAINS GRIS profitable?

Yes, FUTURES ENERGIES LES TERRAINS GRIS generated a net profit of 785 k€ in 2023.

Where is the headquarters of FUTURES ENERGIES LES TERRAINS GRIS ?

The headquarters of FUTURES ENERGIES LES TERRAINS GRIS is located in MONTPELLIER (34000), in the department Herault.

Where to find the tax return of FUTURES ENERGIES LES TERRAINS GRIS ?

The tax return of FUTURES ENERGIES LES TERRAINS GRIS 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 FUTURES ENERGIES LES TERRAINS GRIS operate?

FUTURES ENERGIES LES TERRAINS GRIS operates in the sector Production d'électricité (NAF code 35.11Z). See the 'Sector positioning' section above to compare the company with its competitors.