Employees: 51 (2023.0)Legal category: SCA (commandite par actions)Size: GECreation date: 2002-12-12 (23 years)Status: ActiveBusiness sector: Transformation et conservation de la viande de volailleLocation: SABLE-SUR-SARTHE (72300), Sarthe
LDC SABLE : revenue, balance sheet and financial ratios
LDC SABLE is a French company
founded 23 years ago,
specialized in the sector Transformation et conservation de la viande de volaille.
Based in SABLE-SUR-SARTHE (72300),
this company of category GE
shows in 2025 a revenue of 837.0 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In 2025, LDC SABLE achieves revenue of 837.0 M€. Revenue is growing positively over 9 years (CAGR: +3.2%). Slight decline of -4% vs 2024. After deducting consumption (463.3 M€), gross margin stands at 373.7 M€, i.e. a rate of 45%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 15.5 M€, representing 1.9% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 36.4 M€, i.e. 4.3% of revenue. This profit can be retained or distributed to shareholders.
Revenue (2025)
?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production
837 039 549 €
Gross margin (2025)
?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
373 730 918 €
EBITDA (2025)
?
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
15 493 298 €
EBIT (2025)
?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
45 149 838 €
Net income (2025)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
36 367 112 €
EBITDA margin (2025)
?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability 5-10% : Average < 5% : Low
1.9%
Loading income statement...
Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
Loading data...
Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
Loading data...
Item
Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 7%. 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 67%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
Debt ratio (2025)
?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
7.068%
Financial autonomy (2025)
?
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
67.002%
Cash flow / Revenue (2025)
?
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
-0.217%
Repayment capacity (2025)
?
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
-2.802
Asset age ratio (2025)
?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2017
2018
2019
2020
2021
2022
2023
2024
2025
Debt ratio
1.291
1.13
1.1
2.14
2.342
0.896
6.041
2.845
7.068
Financial autonomy
68.326
67.333
68.535
67.709
65.773
67.716
64.961
67.341
67.002
Repayment capacity
0.234
1.004
-1.269
-2.426
6.441
0.762
0.993
0.547
-2.802
Cash flow / Revenue
2.226%
0.488%
-0.369%
-0.153%
0.127%
0.45%
0.862%
1.972%
-0.217%
Sector positioning
Debt ratio
7.072025
2023
2024
2025
Q1: 1.49
Med: 9.45
Q3: 53.07
Good+18 pts over 3 years
In 2025, the debt ratio of LDC SABLE (7.07) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
Financial autonomy
67.0%2025
2023
2024
2025
Q1: 28.92%
Med: 49.49%
Q3: 62.33%
Excellent
In 2025, the financial autonomy of LDC SABLE (67.0%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.
Repayment capacity
-2.8 years2025
2023
2024
2025
Q1: 0.0 years
Med: 0.1 years
Q3: 0.98 years
Excellent-33 pts over 3 years
In 2025, the repayment capacity of LDC SABLE (-2.80) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 203.62. 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 0.6x. Danger: operating income does not cover interest charges, unsustainable situation.
Liquidity ratio (2025)
?
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
203.621
Interest coverage (2025)
?
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
0.563
Liquidity indicators evolution LDC SABLE
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2017
2018
2019
2020
2021
2022
2023
2024
2025
Liquidity ratio
240.451
210.362
195.413
181.123
166.72
172.825
185.214
214.424
203.621
Interest coverage
0.336
0.588
0.719
0.645
0.388
0.386
0.304
0.343
0.563
Sector positioning
Liquidity ratio
203.622025
2023
2024
2025
Q1: 115.46
Med: 180.75
Q3: 244.62
Good
In 2025, the liquidity ratio of LDC SABLE (203.62) 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
0.56x2025
2023
2024
2025
Q1: 0.0x
Med: 0.5x
Q3: 3.49x
Good+15 pts over 3 years
In 2025, the interest coverage of LDC SABLE (0.6x) 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: 33 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 35 days. Favorable situation: supplier credit is longer than customer credit by 2 days. Inventory turnover is 15 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 84 days of revenue, i.e. 196.4 M€ to permanently finance. Over 2017-2025, WCR increased by +86%, requiring additional financing.
Operating WCR (2025)
?
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
196 402 960 €
Customer credit (2025)
?
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
33 j
Supplier credit (2025)
?
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
35 j
Inventory turnover (2025)
?
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
15 j
WCR in days of revenue (2025)
?
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
84 j
WCR and payment terms evolution LDC SABLE
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2017
2018
2019
2020
2021
2022
2023
2024
2025
Operating WCR
105 363 345 €
138 123 172 €
115 725 475 €
135 496 621 €
120 838 346 €
125 254 367 €
171 887 354 €
213 589 953 €
196 402 960 €
Inventory turnover (days)
11
11
13
14
14
15
16
17
15
Customer payment term (days)
35
38
39
43
42
42
33
32
33
Supplier payment term (days)
38
40
40
41
37
37
43
41
35
Positioning of LDC SABLE in its sector
Comparison with sector Transformation et conservation de la viande de volaille
Valuation estimate
Based on 164 transactions of similar company sales
(all years),
the value of LDC SABLE is estimated at
117 808 370 €
(range 50 466 585€ - 244 932 202€).
With an EBITDA of 15 493 298€, the sector multiple of 3.3x is applied.
The price/revenue ratio is 0.26x
(conservative valuation).
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 value2025
164 transactions
50466k€117808k€244932k€
117 808 370 €Range: 50 466 585€ - 244 932 202€
NAF 4 all-time
Aggregated at NAF sub-class level
Valuation detail by method
Ajustez les pondérations selon votre analyse
EBITDA Multiple50%
15 493 298 €×3.3x
Estimation50 476 763 €
23 991 273€ - 119 653 140€
Revenue Multiple30%
837 039 549 €×0.26x
Estimation215 010 063 €
99 371 563€ - 391 082 958€
Net Income Multiple20%
36 367 112 €×3.9x
Estimation140 334 849 €
43 297 400€ - 338 903 723€
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 164 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 (Transformation et conservation de la viande de volaille)
Compare LDC SABLE with other companies in the same sector:
Yes, LDC SABLE generated a net profit of 36.4 M€ in 2025.
Where is the headquarters of LDC SABLE ?
The headquarters of LDC SABLE is located in SABLE-SUR-SARTHE (72300), in the department Sarthe.
Where to find the tax return of LDC SABLE ?
The tax return of LDC SABLE 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 LDC SABLE operate?
LDC SABLE operates in the sector Transformation et conservation de la viande de volaille (NAF code 10.12Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
Rotate your phone to landscape mode to view the chart