IMMO COLRUYT FRANCE : revenue, balance sheet and financial ratios

In 2025, IMMO COLRUYT FRANCE achieves revenue of 24.9 M€. Over the period 2016-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +9.6%. Vs 2024, growth of +13% (22.1 M€ -> 24.9 M€). After deducting consumption (13 €), gross margin stands at 24.9 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 20.5 M€, representing 82.4% of revenue. Warning negative scissor effect: despite revenue change (+13%), EBITDA varies by +6%, reducing margin by 5.5 pts. This reflects costs rising faster than 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 3.6 M€, i.e. 14.3% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 149%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 40%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 7.7 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 65.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

The liquidity ratio (= Current assets / Current liabilities) stands at 1608.81. 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 14.7x. Operating income very largely covers interest expenses: high safety margin.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 39 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 126 days. Excellent situation: suppliers finance 87 days of the operating cycle (retail model). Overall, WCR represents 401 days of revenue, i.e. 27.8 M€ to permanently finance. Over 2016-2025, WCR increased by +1976%, requiring additional financing.

Based on 117 transactions of similar company sales in 2025, the value of IMMO COLRUYT FRANCE is estimated at 37 676 399 € (range 22 112 952€ - 104 270 615€). With an EBITDA of 20 534 366€, the sector multiple of 2.7x is applied. The price/revenue ratio is 0.92x (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.