SIREN : 890691694
LE BELVEDERE is a French company founded 5 years ago, specialized in the sector Activités des marchands de biens immobiliers. Based in SAINT-MARTIN-LE-VINOUX (38950), this company of category ETI shows in 2025 a revenue of 207 k€. 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 | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue | 207 352 € | 616 979 € | 1 705 079 € |
| Net income | -47 670 € | 166 313 € | 423 168 € |
| EBITDA | 71 743 € | 224 789 € | 595 772 € |
| Net margin | -23.0% | 27.0% | 24.8% |
In 2025, LE BELVEDERE achieves revenue of 207 k€. Revenue is declining over the period 2023-2025 (CAGR: -65.1%). Significant drop of -66% vs 2024. After deducting consumption (0 €), gross margin stands at 207 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 72 k€, representing 34.6% of revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -48 k€ (-23.0% of revenue), which will impact equity.
207 352 €
207 352 €
71 743 €
-47 331 €
-47 670 €
34.6%
The debt ratio (= Financial debt / Equity x 100) stands at -568%. 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 -19%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 3.7 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 34.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
-567.999%
-18.732%
34.449%
3.678
In 2025, the debt ratio of LE BELVEDERE (-568.00) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.
In 2025, the financial autonomy of LE BELVEDERE (-18.7%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2025, the repayment capacity of LE BELVEDERE (3.68) 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 810.85. 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 0.5x. Danger: operating income does not cover interest charges, unsustainable situation.
810.851
0.473
In 2025, the liquidity ratio of LE BELVEDERE (810.85) 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.
In 2025, the interest coverage of LE BELVEDERE (0.5x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 843 days. Excellent situation: suppliers finance 843 days of the operating cycle (retail model). Inventory turnover is 454 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 320 days of revenue, i.e. 184 k€ to permanently finance. Notable WCR improvement over the period (-72%), freeing up cash.
184 178 €
0 j
843 j
454 j
320 j
Based on 258 transactions of similar company sales (all years), the value of LE BELVEDERE is estimated at 271 660 € (range 111 339€ - 513 232€). With an EBITDA of 71 743€, the sector multiple of 4.9x is applied. The price/revenue ratio is 0.65x (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.
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This estimate is based on the analysis of 258 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 LE BELVEDERE with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des marchands de biens immobiliers
The revenue of LE BELVEDERE in 2025 is 207 k€.
LE BELVEDERE recorded a net loss in 2025.
The headquarters of LE BELVEDERE is located in SAINT-MARTIN-LE-VINOUX (38950), in the department Isere.
The tax return of LE BELVEDERE 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).
LE BELVEDERE operates in the sector Activités des marchands de biens immobiliers (NAF code 68.10Z). See the 'Sector positioning' section above to compare the company with its competitors.