LA CREILLOISE DE PANIFICATION : revenue, balance sheet and financial ratios

LA CREILLOISE DE PANIFICATION is a French company founded 53 years ago, specialized in the sector Fabrication industrielle de pain et de pâtisserie fraîche. Based in ANTIBES (06600), this company of category PME shows in 2023 a revenue of 4.9 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

Financial history - LA CREILLOISE DE PANIFICATION (SIREN 696980366)
Indicator 2023 2022 2021 2017 2016 2015 2014
Revenue 4 933 779 € N/C N/C 4 546 492 € N/C N/C 4 933 989 €
Net income 25 900 € 59 226 € -172 536 € 157 556 € 26 777 € 169 943 € 102 689 €
EBITDA 210 577 € N/C N/C 266 836 € N/C N/C 203 731 €
Net margin 0.5% N/C N/C 3.5% N/C N/C 2.1%

Revenue and income statement

In 2023, LA CREILLOISE DE PANIFICATION achieves revenue of 4.9 M€. Activity remains stable over the period (CAGR: -0.0%). After deducting consumption (1.3 M€), gross margin stands at 3.6 M€, i.e. a rate of 74%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 211 k€, representing 4.3% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 26 k€, i.e. 0.5% 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

4 933 779 €

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

3 640 492 €

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

210 577 €

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

19 794 €

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

25 900 €

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

4.2%

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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 151%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 21%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.9 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 4.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

150.712%

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

20.553%

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

4.316%

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

2.904

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

37.8%

Solvency indicators evolution
LA CREILLOISE DE PANIFICATION

Sector positioning

Debt ratio
150.71 2023
2021
2022
2023
Q1: 0.0
Med: 26.32
Q3: 105.44
Watch

In 2023, the debt ratio of LA CREILLOISE DE PANIFICA... (150.71) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
20.55% 2023
2021
2022
2023
Q1: 9.85%
Med: 30.46%
Q3: 54.7%
Average +7 pts over 3 years

In 2023, the financial autonomy of LA CREILLOISE DE PANIFICA... (20.6%) 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
2.9 years 2023
2023
Q1: 0.0 years
Med: 0.1 years
Q3: 2.96 years
Average

In 2023, the repayment capacity of LA CREILLOISE DE PANIFICA... (2.90) 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 99.19. 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 6.0x. 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

99.186

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

5.976

Liquidity indicators evolution
LA CREILLOISE DE PANIFICATION

Sector positioning

Liquidity ratio
99.19 2023
2021
2022
2023
Q1: 97.51
Med: 142.66
Q3: 227.61
Average +12 pts over 3 years

In 2023, the liquidity ratio of LA CREILLOISE DE PANIFICA... (99.19) 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
5.98x 2023
2023
Q1: -0.03x
Med: 1.14x
Q3: 7.21x
Good

In 2023, the interest coverage of LA CREILLOISE DE PANIFICA... (6.0x) 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: 40 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 48 days. Favorable situation: supplier credit is longer than customer credit by 8 days. Inventory turnover is 5 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 26 days of revenue, i.e. 359 k€ to permanently finance. Notable WCR improvement over the period (-70%), 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

358 538 €

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

40 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

48 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

5 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

26 j

WCR and payment terms evolution
LA CREILLOISE DE PANIFICATION

Positioning of LA CREILLOISE DE PANIFICATION in its sector

Comparison with sector Fabrication industrielle de pain et de pâtisserie fraîche

Valuation estimate

Based on 131 transactions of similar company sales in 2023, the value of LA CREILLOISE DE PANIFICATION is estimated at 1 477 408 € (range 810 966€ - 2 383 900€). With an EBITDA of 210 577€, the sector multiple of 6.3x is applied. The price/revenue ratio is 0.51x (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 2023
131 transactions
810k€ 1477k€ 2383k€
1 477 408 € Range: 810 966€ - 2 383 900€
NAF 5 année 2023

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
210 577 € × 6.3x
Estimation 1 335 521 €
735 955€ - 2 457 074€
Revenue Multiple 30%
4 933 779 € × 0.51x
Estimation 2 535 543 €
1 404 715€ - 3 596 137€
Net Income Multiple 20%
25 900 € × 9.5x
Estimation 244 926 €
107 871€ - 382 614€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 131 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 (Fabrication industrielle de pain et de pâtisserie fraîche)

Compare LA CREILLOISE DE PANIFICATION with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication industrielle de pain et de pâtisserie fraîche

Frequently asked questions about LA CREILLOISE DE PANIFICATION

What is the revenue of LA CREILLOISE DE PANIFICATION ?

The revenue of LA CREILLOISE DE PANIFICATION in 2023 is 4.9 M€.

Is LA CREILLOISE DE PANIFICATION profitable?

Yes, LA CREILLOISE DE PANIFICATION generated a net profit of 26 k€ in 2023.

Where is the headquarters of LA CREILLOISE DE PANIFICATION ?

The headquarters of LA CREILLOISE DE PANIFICATION is located in ANTIBES (06600), in the department Alpes-Maritimes.

Where to find the tax return of LA CREILLOISE DE PANIFICATION ?

The tax return of LA CREILLOISE DE PANIFICATION 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 LA CREILLOISE DE PANIFICATION operate?

LA CREILLOISE DE PANIFICATION operates in the sector Fabrication industrielle de pain et de pâtisserie fraîche (NAF code 10.71A). See the 'Sector positioning' section above to compare the company with its competitors.