GARAGE BELHOUT : revenue, balance sheet and financial ratios

In 2025, GARAGE BELHOUT achieves revenue of 5.2 M€. Revenue is growing positively over 10 years (CAGR: +2.6%). Significant drop of -15% vs 2024. After deducting consumption (3.9 M€), gross margin stands at 1.3 M€, i.e. a rate of 25%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 262 k€, representing 5.0% of revenue. Warning negative scissor effect: despite revenue change (-15%), EBITDA varies by -47%, reducing margin by 3.0 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 193 k€, i.e. 3.7% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 2%. 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 81%. 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 0.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 4.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

The liquidity ratio (= Current assets / Current liabilities) stands at 528.19. 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 0.0x. Danger: operating income does not cover interest charges, unsustainable situation.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 7 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 12 days. Favorable situation: supplier credit is longer than customer credit by 5 days. Inventory turnover is 48 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 40 days of revenue, i.e. 579 k€ to permanently finance. Over 2016-2025, WCR increased by +39%, requiring additional financing.

Based on 131 transactions of similar company sales in 2025, the value of GARAGE BELHOUT is estimated at 1 310 355 € (range 795 271€ - 2 696 228€). With an EBITDA of 262 012€, the sector multiple of 3.0x is applied. The price/revenue ratio is 0.50x (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.