Employees: 12 (2023.0)Legal category: SCA (commandite par actions)Size: PMECreation date: 1980-01-01 (46 years)Status: ActiveBusiness sector: Transformation et conservation de poisson, de crustacés et de mollusquesLocation: CHEMILLY-SUR-YONNE (89250), Yonne
LE BORVO : revenue, balance sheet and financial ratios
LE BORVO is a French company
founded 46 years ago,
specialized in the sector Transformation et conservation de poisson, de crustacés et de mollusques.
Based in CHEMILLY-SUR-YONNE (89250),
this company of category PME
shows in 2024 a revenue of 8.9 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In 2024, LE BORVO achieves revenue of 8.9 M€. Revenue is growing positively over 9 years (CAGR: +1.1%). Vs 2023: +1%. After deducting consumption (4.6 M€), gross margin stands at 4.4 M€, i.e. a rate of 49%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -289 k€, representing -3.2% of revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -439 k€ (-4.9% of revenue), which will impact equity.
Revenue (2024)
?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production
8 931 205 €
Gross margin (2024)
?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
4 362 605 €
EBITDA (2024)
?
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
-288 520 €
EBIT (2024)
?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
-354 087 €
Net income (2024)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
-438 961 €
EBITDA margin (2024)
?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability 5-10% : Average < 5% : Low
-3.2%
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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
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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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 143%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 16%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
Debt ratio (2024)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
142.614%
Financial autonomy (2024)
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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
16.249%
Cash flow / Revenue (2024)
?
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
-4.393%
Repayment capacity (2024)
?
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
-3.189
Asset age ratio (2024)
?
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
2016
2017
2018
2019
2020
2021
2022
2023
2024
Debt ratio
19.421
203.617
125.273
84.343
124.274
84.494
69.575
106.868
142.614
Financial autonomy
56.719
19.736
28.684
30.204
22.982
29.159
33.725
24.54
16.249
Repayment capacity
None
None
4.401
6.476
-6.68
4.569
-4.457
-2.718
-3.189
Cash flow / Revenue
None%
None%
2.207%
0.978%
-3.303%
3.973%
-3.574%
-5.475%
-4.393%
Sector positioning
Debt ratio
142.612024
2022
2023
2024
Q1: 6.77
Med: 28.58
Q3: 103.58
Watch+13 pts over 3 years
In 2024, the debt ratio of LE BORVO (142.61) 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
16.25%2024
2022
2023
2024
Q1: 16.68%
Med: 41.95%
Q3: 62.53%
Watch-18 pts over 3 years
In 2024, the financial autonomy of LE BORVO (16.2%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.
Repayment capacity
-3.19 years2024
2022
2023
2024
Q1: -0.34 years
Med: 0.48 years
Q3: 2.3 years
Excellent
In 2024, the repayment capacity of LE BORVO (-3.19) 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 111.50. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2024)
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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
111.499
Interest coverage (2024)
?
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
-26.149
Liquidity indicators evolution LE BORVO
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Liquidity ratio
201.132
139.356
148.225
129.411
148.613
156.131
164.246
138.196
111.499
Interest coverage
None
None
21.594
35.73
-46.06
16.201
-23.314
-12.844
-26.149
Sector positioning
Liquidity ratio
111.52024
2022
2023
2024
Q1: 118.24
Med: 202.71
Q3: 324.61
Watch-11 pts over 3 years
In 2024, the liquidity ratio of LE BORVO (111.50) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.
Interest coverage
-26.15x2024
2022
2023
2024
Q1: -1.06x
Med: 0.68x
Q3: 6.85x
Watch+6 pts over 3 years
In 2024, the interest coverage of LE BORVO (-26.1x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.
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: 53 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 130 days. Excellent situation: suppliers finance 77 days of the operating cycle (retail model). Inventory turnover is 43 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 98 days of revenue, i.e. 2.4 M€ to permanently finance.
Operating WCR (2024)
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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
2 440 362 €
Customer credit (2024)
?
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
53 j
Supplier credit (2024)
?
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
130 j
Inventory turnover (2024)
?
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
43 j
WCR in days of revenue (2024)
?
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
98 j
WCR and payment terms evolution LE BORVO
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Operating WCR
0 €
0 €
2 486 664 €
2 458 517 €
2 035 749 €
2 845 146 €
3 046 059 €
2 975 867 €
2 440 362 €
Inventory turnover (days)
0
0
47
48
43
55
61
56
43
Customer payment term (days)
0
0
51
63
66
67
61
62
53
Supplier payment term (days)
0
0
56
89
118
117
91
100
130
Positioning of LE BORVO in its sector
Comparison with sector Transformation et conservation de poisson, de crustacés et de mollusques
Valuation estimate
Based on 242 transactions of similar company sales
in 2024,
the value of LE BORVO is estimated at
5 003 333 €
(range 3 094 160€ - 6 624 047€).
The price/revenue ratio is 0.56x
(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 value2024
242 transactions
3094k€5003k€6624k€
5 003 333 €Range: 3 094 160€ - 6 624 047€
Section année 2024
Aggregated at NAF section level
Valuation method used
Revenue Multiple
8 931 205 €
×
0.56x
=5 003 333 €
Range: 3 094 160€ - 6 624 047€
Only this financial indicator is available for this company.
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 242 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 poisson, de crustacés et de mollusques)
Compare LE BORVO with other companies in the same sector:
The headquarters of LE BORVO is located in CHEMILLY-SUR-YONNE (89250), in the department Yonne.
Where to find the tax return of LE BORVO ?
The tax return of LE BORVO 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 LE BORVO operate?
LE BORVO operates in the sector Transformation et conservation de poisson, de crustacés et de mollusques (NAF code 10.20Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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