SIREN : 986720209
IMMOBILIERE THERMES ADOUR is a French company founded 59 years ago, specialized in the sector Hôtels et hébergement similaire . Based in DAX (40100), this company of category GE shows in 2024 a revenue of 1.3 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1 310 511 € | 1 360 829 € | 1 396 864 € | 457 862 € | 29 921 € | 1 282 227 € | 1 339 879 € | N/C | 1 213 779 € |
| Net income | 735 456 € | 951 742 € | 979 520 € | 297 816 € | -32 094 € | 835 116 € | 854 922 € | 814 261 € | 736 933 € |
| EBITDA | 1 230 558 € | 1 276 097 € | 1 306 212 € | 394 590 € | -33 321 € | 1 186 323 € | 1 238 306 € | N/C | 1 109 042 € |
| Net margin | 56.1% | 69.9% | 70.1% | 65.0% | -107.3% | 65.1% | 63.8% | N/C | 60.7% |
In 2024, IMMOBILIERE THERMES ADOUR achieves revenue of 1.3 M€. Revenue is growing positively over 9 years (CAGR: +1.0%). Slight decline of -4% vs 2023. After deducting consumption (0 €), gross margin stands at 1.3 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 1.2 M€, representing 93.9% of 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 735 k€, i.e. 56.1% of revenue. This profit can be retained or distributed to shareholders.
1 310 511 €
1 310 511 €
1 230 558 €
1 227 158 €
735 456 €
93.9%
The debt ratio (= Financial debt / Equity x 100) stands at 90%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 52%. 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 7.2 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 56.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
90.152%
52.123%
56.379%
7.199
11.3%
In 2024, the debt ratio of IMMOBILIERE THERMES ADOUR (90.15) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2024, the financial autonomy of IMMOBILIERE THERMES ADOUR (52.1%) 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.
In 2024, the repayment capacity of IMMOBILIERE THERMES ADOUR (7.20) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 1983.88. 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 20.0x. Operating income very largely covers interest expenses: high safety margin.
1983.876
20.036
In 2024, the liquidity ratio of IMMOBILIERE THERMES ADOUR (1983.88) 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.
In 2024, the interest coverage of IMMOBILIERE THERMES ADOUR (20.0x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 33 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 127 days. Excellent situation: suppliers finance 94 days of the operating cycle (retail model). Overall, WCR represents 528 days of revenue, i.e. 1.9 M€ to permanently finance. Over 2016-2024, WCR increased by +21%, requiring additional financing.
1 921 393 €
33 j
127 j
0 j
528 j
Based on 99 transactions of similar company sales
in 2024,
the value of IMMOBILIERE THERMES ADOUR is estimated at
3 753 726 €
(range 1 107 478€ - 6 876 725€).
With an EBITDA of 1 230 558€, the sector multiple of 4.8x is applied.
The price/revenue ratio is 0.54x
(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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 99 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare IMMOBILIERE THERMES ADOUR with other companies in the same sector:
Voir toutes les statistiques du secteur Hôtels et hébergement similaire
The revenue of IMMOBILIERE THERMES ADOUR in 2024 is 1.3 M€.
Yes, IMMOBILIERE THERMES ADOUR generated a net profit of 735 k€ in 2024.
The headquarters of IMMOBILIERE THERMES ADOUR is located in DAX (40100), in the department Landes.
The tax return of IMMOBILIERE THERMES ADOUR 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).
IMMOBILIERE THERMES ADOUR operates in the sector Hôtels et hébergement similaire (NAF code 55.10Z). See the 'Sector positioning' section above to compare the company with its competitors.