GARAGE MECA PASSION AUTO : revenue, balance sheet and financial ratios

GARAGE MECA PASSION AUTO is a French company founded 15 years ago, specialized in the sector Entretien et réparation de véhicules automobiles légers. Based in LE THOR (84250), this company of category PME shows in 2023 a revenue of 182 k€. 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 - GARAGE MECA PASSION AUTO (SIREN 525327383)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue 181 851 € 157 676 € 167 838 € 62 283 € 37 578 € 30 295 € 22 203 € 34 565 € 33 255 €
Net income -37 272 € -8 188 € 6 203 € -11 994 € -23 489 € -18 194 € -9 251 € -6 370 € -9 177 €
EBITDA -35 648 € -8 967 € 13 474 € -11 158 € -23 479 € -17 630 € -9 109 € -3 713 € -7 118 €
Net margin -20.5% -5.2% 3.7% -19.3% -62.5% -60.1% -41.7% -18.4% -27.6%

Revenue and income statement

In 2023, GARAGE MECA PASSION AUTO achieves revenue of 182 k€. Over the period 2015-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +23.7%. Vs 2022, growth of +15% (158 k€ -> 182 k€). After deducting consumption (116 k€), gross margin stands at 66 k€, i.e. a rate of 36%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -36 k€, representing -19.6% of revenue. Warning negative scissor effect: despite revenue change (+15%), EBITDA varies by -298%, reducing margin by 13.9 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -37 k€ (-20.5% of revenue), which will impact equity.

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

181 851 €

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

65 905 €

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

-35 648 €

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

-36 914 €

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

-37 272 €

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

-19.6%

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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 -38%. 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 41%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

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

-37.595%

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

40.831%

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

-19.888%

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

0.0

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

66.2%

Solvency indicators evolution
GARAGE MECA PASSION AUTO

Sector positioning

Debt ratio
-37.59 2023
2021
2022
2023
Q1: 5.17
Med: 28.2
Q3: 82.06
Excellent

In 2023, the debt ratio of GARAGE MECA PASSION AUTO (-37.59) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
40.83% 2023
2021
2022
2023
Q1: 19.25%
Med: 41.82%
Q3: 60.17%
Average +16 pts over 3 years

In 2023, the financial autonomy of GARAGE MECA PASSION AUTO (40.8%) 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
0.0 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.6 years
Q3: 2.26 years
Excellent -31 pts over 3 years

In 2023, the repayment capacity of GARAGE MECA PASSION AUTO (0.00) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 40.62. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

40.618

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

-0.398

Liquidity indicators evolution
GARAGE MECA PASSION AUTO

Sector positioning

Liquidity ratio
40.62 2023
2021
2022
2023
Q1: 141.2
Med: 208.66
Q3: 306.13
Watch -8 pts over 3 years

In 2023, the liquidity ratio of GARAGE MECA PASSION AUTO (40.62) 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
-0.4x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.65x
Q3: 3.57x
Average -41 pts over 3 years

In 2023, the interest coverage of GARAGE MECA PASSION AUTO (-0.4x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

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: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 59 days. Excellent situation: suppliers finance 59 days of the operating cycle (retail model). Inventory turnover is 92 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. WCR is negative (-139 days): operations structurally generate cash. Notable WCR improvement over the period (-138%), freeing up cash.

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

-70 071 €

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

0 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

59 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

92 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

-139 j

WCR and payment terms evolution
GARAGE MECA PASSION AUTO

Positioning of GARAGE MECA PASSION AUTO in its sector

Comparison with sector Entretien et réparation de véhicules automobiles légers

Valuation estimate

Based on 139 transactions of similar company sales in 2023, the value of GARAGE MECA PASSION AUTO is estimated at 64 583 € (range 44 071€ - 104 114€). The price/revenue ratio is 0.36x (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.

Estimated enterprise value 2023
139 transactions
44k€ 64k€ 104k€
64 583 € Range: 44 071€ - 104 114€
NAF 5 année 2023

Valuation method used

Revenue Multiple
181 851 € × 0.36x = 64 583 €
Range: 44 072€ - 104 114€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 139 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 (Entretien et réparation de véhicules automobiles légers)

Compare GARAGE MECA PASSION AUTO with other companies in the same sector:

Voir toutes les statistiques du secteur Entretien et réparation de véhicules automobiles légers

Frequently asked questions about GARAGE MECA PASSION AUTO

What is the revenue of GARAGE MECA PASSION AUTO ?

The revenue of GARAGE MECA PASSION AUTO in 2023 is 182 k€.

Is GARAGE MECA PASSION AUTO profitable?

GARAGE MECA PASSION AUTO recorded a net loss in 2023.

Where is the headquarters of GARAGE MECA PASSION AUTO ?

The headquarters of GARAGE MECA PASSION AUTO is located in LE THOR (84250), in the department Vaucluse.

Where to find the tax return of GARAGE MECA PASSION AUTO ?

The tax return of GARAGE MECA PASSION AUTO 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 GARAGE MECA PASSION AUTO operate?

GARAGE MECA PASSION AUTO operates in the sector Entretien et réparation de véhicules automobiles légers (NAF code 45.20A). See the 'Sector positioning' section above to compare the company with its competitors.