JOSEPH LAHAYE IMMOBILIER : revenue, balance sheet and financial ratios

JOSEPH LAHAYE IMMOBILIER is a French company founded 33 years ago, specialized in the sector Location de terrains et d'autres biens immobiliers. Based in VERN-SUR-SEICHE (35770), this company of category PME shows in 2019 a revenue of 133 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - JOSEPH LAHAYE IMMOBILIER (SIREN 389628827)
Indicator 2019 2018 2017 2016
Revenue 132 630 € 249 568 € 249 051 € 248 674 €
Net income -5 447 € 137 506 € 931 839 € 138 109 €
EBITDA 46 663 € 232 543 € 227 255 € 234 097 €
Net margin -4.1% 55.1% 374.2% 55.5%

Revenue and income statement

In 2019, JOSEPH LAHAYE IMMOBILIER achieves revenue of 133 k€. Revenue is declining over the period 2016-2019 (CAGR: -18.9%). Significant drop of -47% vs 2018. After deducting consumption (7 €), gross margin stands at 133 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 47 k€, representing 35.2% of revenue. Warning negative scissor effect: despite revenue change (-47%), EBITDA varies by -80%, reducing margin by 58.0 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -5 k€ (-4.1% of revenue), which will impact equity.

Revenue (2019) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

132 630 €

Gross margin (2019) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

132 623 €

EBITDA (2019) ?
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

46 663 €

EBIT (2019) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-22 068 €

Net income (2019) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-5 447 €

EBITDA margin (2019) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

35.2%

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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 64%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 51%. 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 23.1 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 38.8% 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 (2019) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

64.252%

Financial autonomy (2019) ?
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

50.783%

Cash flow / Revenue (2019) ?
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

38.818%

Repayment capacity (2019) ?
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

23.114

Asset age ratio (2019) ?
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

59.9%

Solvency indicators evolution
JOSEPH LAHAYE IMMOBILIER

Sector positioning

Debt ratio
64.25 2019
2017
2018
2019
Q1: 0.0
Med: 12.62
Q3: 156.33
Average +28 pts over 3 years

In 2019, the debt ratio of JOSEPH LAHAYE IMMOBILIER (64.25) 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
50.78% 2019
2017
2018
2019
Q1: 2.77%
Med: 38.3%
Q3: 79.81%
Good -18 pts over 3 years

In 2019, the financial autonomy of JOSEPH LAHAYE IMMOBILIER (50.8%) 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
23.11 years 2019
2017
2018
2019
Q1: 0.0 years
Med: 0.55 years
Q3: 8.61 years
Average +40 pts over 3 years

In 2019, the repayment capacity of JOSEPH LAHAYE IMMOBILIER (23.11) 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 258.80. 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 10.5x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2019) ?
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

258.797

Interest coverage (2019) ?
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

10.494

Liquidity indicators evolution
JOSEPH LAHAYE IMMOBILIER

Sector positioning

Liquidity ratio
258.8 2019
2017
2018
2019
Q1: 72.48
Med: 241.79
Q3: 939.07
Good -24 pts over 3 years

In 2019, the liquidity ratio of JOSEPH LAHAYE IMMOBILIER (258.80) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
10.49x 2019
2017
2018
2019
Q1: 0.0x
Med: 0.0x
Q3: 13.75x
Good +17 pts over 3 years

In 2019, the interest coverage of JOSEPH LAHAYE IMMOBILIER (10.5x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

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: 3 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 2190 days. Excellent situation: suppliers finance 2187 days of the operating cycle (retail model). Overall, WCR represents 4001 days of revenue, i.e. 1.5 M€ to permanently finance. Over 2016-2019, WCR increased by +819%, requiring additional financing.

Operating WCR (2019) ?
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

1 474 072 €

Customer credit (2019) ?
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

3 j

Supplier credit (2019) ?
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

2190 j

Inventory turnover (2019) ?
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 (2019) ?
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

4001 j

WCR and payment terms evolution
JOSEPH LAHAYE IMMOBILIER

Positioning of JOSEPH LAHAYE IMMOBILIER in its sector

Comparison with sector Location de terrains et d'autres biens immobiliers

Valuation estimate

Based on 234 transactions of similar company sales in 2019, the value of JOSEPH LAHAYE IMMOBILIER is estimated at 193 363 € (range 67 274€ - 363 304€). With an EBITDA of 46 663€, the sector multiple of 5.5x 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.

Estimated enterprise value 2019
234 transactions
67k€ 193k€ 363k€
193 363 € Range: 67 274€ - 363 304€
NAF 5 année 2019

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
46 663 € × 5.5x
Estimation 254 553 €
81 433€ - 488 711€
Revenue Multiple 30%
132 630 € × 0.69x
Estimation 91 382 €
43 678€ - 154 293€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 234 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 (Location de terrains et d'autres biens immobiliers)

Compare JOSEPH LAHAYE IMMOBILIER with other companies in the same sector:

Voir toutes les statistiques du secteur Location de terrains et d'autres biens immobiliers

Frequently asked questions about JOSEPH LAHAYE IMMOBILIER

What is the revenue of JOSEPH LAHAYE IMMOBILIER ?

The revenue of JOSEPH LAHAYE IMMOBILIER in 2019 is 133 k€.

Is JOSEPH LAHAYE IMMOBILIER profitable?

JOSEPH LAHAYE IMMOBILIER recorded a net loss in 2019.

Where is the headquarters of JOSEPH LAHAYE IMMOBILIER ?

The headquarters of JOSEPH LAHAYE IMMOBILIER is located in VERN-SUR-SEICHE (35770), in the department Ille-et-Vilaine.

Where to find the tax return of JOSEPH LAHAYE IMMOBILIER ?

The tax return of JOSEPH LAHAYE IMMOBILIER 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 JOSEPH LAHAYE IMMOBILIER operate?

JOSEPH LAHAYE IMMOBILIER operates in the sector Location de terrains et d'autres biens immobiliers (NAF code 68.20B). See the 'Sector positioning' section above to compare the company with its competitors.