L ET J PARTICIPATIONS ET REALISATIONS : revenue, balance sheet and financial ratios

L ET J PARTICIPATIONS ET REALISATIONS is a French company founded 23 years ago, specialized in the sector Activités des sièges sociaux. Based in PARIS (75008), this company of category PME shows in 2023 a revenue of 118 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-02

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

Financial history - L ET J PARTICIPATIONS ET REALISATIONS (SIREN 442794186)
Indicator 2023 2022 2021 2020 2019 2018 2017
Revenue 117 813 € 154 350 € 133 305 € 300 000 € 220 580 € 210 000 € 209 058 €
Net income 41 047 € 3 070 € 631 415 € 1 119 € 78 686 € -50 032 € -92 872 €
EBITDA 45 555 € 27 496 € 17 422 € -88 643 € 31 998 € 18 422 € 17 343 €
Net margin 34.8% 2.0% 473.7% 0.4% 35.7% -23.8% -44.4%

Revenue and income statement

In 2023, L ET J PARTICIPATIONS ET REALISATIONS achieves revenue of 118 k€. Revenue is declining over the period 2017-2023 (CAGR: -9.1%). Significant drop of -24% vs 2022. After deducting consumption (0 €), gross margin stands at 118 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 46 k€, representing 38.7% of revenue. Positive scissor effect: EBITDA margin improves by +20.9 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 41 k€, i.e. 34.8% of revenue. This profit can be retained or distributed to shareholders.

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

117 813 €

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

117 813 €

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

45 555 €

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

43 767 €

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

41 047 €

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

38.7%

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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 29%. 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 69%. 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 6.5 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 38.3% 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 (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

29.318%

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

68.66%

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

38.276%

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

6.477

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

20.8%

Solvency indicators evolution
L ET J PARTICIPATIONS ET REALISATIONS

Sector positioning

Debt ratio
29.32 2023
2021
2022
2023
Q1: 0.15
Med: 18.69
Q3: 101.54
Average +6 pts over 3 years

In 2023, the debt ratio of L ET J PARTICIPATIONS ET ... (29.32) 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
68.66% 2023
2021
2022
2023
Q1: 13.72%
Med: 51.34%
Q3: 84.19%
Good

In 2023, the financial autonomy of L ET J PARTICIPATIONS ET ... (68.7%) 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
6.48 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.21 years
Q3: 3.83 years
Average +28 pts over 3 years

In 2023, the repayment capacity of L ET J PARTICIPATIONS ET ... (6.48) 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 160.31. 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 6.9x. Operating income very largely covers interest expenses: high safety margin.

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

160.31

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

6.937

Liquidity indicators evolution
L ET J PARTICIPATIONS ET REALISATIONS

Sector positioning

Liquidity ratio
160.31 2023
2021
2022
2023
Q1: 110.3
Med: 414.17
Q3: 1926.34
Average

In 2023, the liquidity ratio of L ET J PARTICIPATIONS ET ... (160.31) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
6.94x 2023
2021
2022
2023
Q1: -38.61x
Med: 0.0x
Q3: 2.71x
Excellent

In 2023, the interest coverage of L ET J PARTICIPATIONS ET ... (6.9x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 298 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 731 days. Excellent situation: suppliers finance 433 days of the operating cycle (retail model). Overall, WCR represents 632 days of revenue, i.e. 207 k€ to permanently finance. Over 2017-2023, WCR increased by +1954%, requiring additional financing.

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

206 770 €

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

298 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

731 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

0 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

632 j

WCR and payment terms evolution
L ET J PARTICIPATIONS ET REALISATIONS

Positioning of L ET J PARTICIPATIONS ET REALISATIONS in its sector

Comparison with sector Activités des sièges sociaux

Valuation estimate

Based on 89 transactions of similar company sales in 2023, the value of L ET J PARTICIPATIONS ET REALISATIONS is estimated at 165 387 € (range 80 893€ - 309 006€). With an EBITDA of 45 555€, the sector multiple of 4.0x is applied. The price/revenue ratio is 0.52x (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.

Estimated enterprise value 2023
89 tx
80k€ 165k€ 309k€
165 387 € Range: 80 893€ - 309 006€
NAF 5 année 2023

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
45 555 € × 4.0x
Estimation 183 189 €
93 971€ - 297 477€
Revenue Multiple 30%
117 813 € × 0.52x
Estimation 61 684 €
25 233€ - 109 319€
Net Income Multiple 20%
41 047 € × 6.7x
Estimation 276 437 €
131 692€ - 637 362€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 89 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 (Activités des sièges sociaux)

Compare L ET J PARTICIPATIONS ET REALISATIONS with other companies in the same sector:

Voir toutes les statistiques du secteur Activités des sièges sociaux

Frequently asked questions about L ET J PARTICIPATIONS ET REALISATIONS

What is the revenue of L ET J PARTICIPATIONS ET REALISATIONS ?

The revenue of L ET J PARTICIPATIONS ET REALISATIONS in 2023 is 118 k€.

Is L ET J PARTICIPATIONS ET REALISATIONS profitable?

Yes, L ET J PARTICIPATIONS ET REALISATIONS generated a net profit of 41 k€ in 2023.

Where is the headquarters of L ET J PARTICIPATIONS ET REALISATIONS ?

The headquarters of L ET J PARTICIPATIONS ET REALISATIONS is located in PARIS (75008), in the department Paris.

Where to find the tax return of L ET J PARTICIPATIONS ET REALISATIONS ?

The tax return of L ET J PARTICIPATIONS ET REALISATIONS 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 L ET J PARTICIPATIONS ET REALISATIONS operate?

L ET J PARTICIPATIONS ET REALISATIONS operates in the sector Activités des sièges sociaux (NAF code 70.10Z). See the 'Sector positioning' section above to compare the company with its competitors.