LE WELCOME IMMEUBLE : revenue, balance sheet and financial ratios

LE WELCOME IMMEUBLE is a French company founded 100 years ago, specialized in the sector Location de terrains et d'autres biens immobiliers. Based in VILLEFRANCHE-SUR-MER (06230), this company of category PME shows in 2022 a revenue of 169 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 - LE WELCOME IMMEUBLE (SIREN 959802281)
Indicator 2022 2021 2019 2017 2016
Revenue 169 291 € 160 970 € 155 674 € 155 000 € 155 000 €
Net income 154 775 € 153 662 € 159 762 € 146 798 € 153 428 €
EBITDA 138 281 € 137 153 € 136 882 € 130 092 € 137 033 €
Net margin 91.4% 95.5% 102.6% 94.7% 99.0%

Revenue and income statement

In 2022, LE WELCOME IMMEUBLE achieves revenue of 169 k€. Revenue is growing positively over 5 years (CAGR: +1.5%). Vs 2021: +5%. After deducting consumption (0 €), gross margin stands at 169 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 138 k€, representing 81.7% of revenue. Warning negative scissor effect: despite revenue change (+5%), EBITDA varies by +1%, reducing margin by 3.5 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 155 k€, i.e. 91.4% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2022) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

169 291 €

Gross margin (2022) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

169 291 €

EBITDA (2022) ?
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

138 281 €

EBIT (2022) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

154 775 €

Net income (2022) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

154 775 €

EBITDA margin (2022) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

81.7%

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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 12%. 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 10%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Cash flow represents 91.4% 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 (2022) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

11.903%

Financial autonomy (2022) ?
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

10.471%

Cash flow / Revenue (2022) ?
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

91.425%

Repayment capacity (2022) ?
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

0.0

Asset age ratio (2022) ?
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

2.1%

Solvency indicators evolution
LE WELCOME IMMEUBLE

Sector positioning

Debt ratio
11.9 2022
2019
2021
2022
Q1: -72.48
Med: 11.45
Q3: 180.83
Average +25 pts over 3 years

In 2022, the debt ratio of LE WELCOME IMMEUBLE (11.90) 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
10.47% 2022
2019
2021
2022
Q1: 1.96%
Med: 38.53%
Q3: 82.82%
Average +6 pts over 3 years

In 2022, the financial autonomy of LE WELCOME IMMEUBLE (10.5%) 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
0.0 years 2022
2019
2021
2022
Q1: -0.01 years
Med: 0.67 years
Q3: 10.41 years
Good

In 2022, the repayment capacity of LE WELCOME IMMEUBLE (0.00) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 829.49. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2022) ?
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

829.486

Interest coverage (2022) ?
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

0.0

Liquidity indicators evolution
LE WELCOME IMMEUBLE

Sector positioning

Liquidity ratio
829.49 2022
2019
2021
2022
Q1: 88.23
Med: 269.82
Q3: 1093.34
Good -8 pts over 3 years

In 2022, the liquidity ratio of LE WELCOME IMMEUBLE (829.49) 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
0.0x 2022
2019
2021
2022
Q1: 0.0x
Med: 0.0x
Q3: 13.79x
Average

In 2022, the interest coverage of LE WELCOME IMMEUBLE (0.0x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Overall, WCR represents 258 days of revenue, i.e. 121 k€ to permanently finance.

Operating WCR (2022) ?
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

121 471 €

Customer credit (2022) ?
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

0 j

Supplier credit (2022) ?
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

0 j

Inventory turnover (2022) ?
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 (2022) ?
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

258 j

WCR and payment terms evolution
LE WELCOME IMMEUBLE

Positioning of LE WELCOME IMMEUBLE in its sector

Comparison with sector Location de terrains et d'autres biens immobiliers

Valuation estimate

Based on 241 transactions of similar company sales in 2022, the value of LE WELCOME IMMEUBLE is estimated at 384 041 € (range 154 748€ - 874 194€). With an EBITDA of 138 281€, the sector multiple of 3.3x is applied. The price/revenue ratio is 0.68x (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 2022
241 transactions
154k€ 384k€ 874k€
384 041 € Range: 154 748€ - 874 194€
NAF 5 année 2022

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
138 281 € × 3.3x
Estimation 452 242 €
185 186€ - 1 005 887€
Revenue Multiple 30%
169 291 € × 0.68x
Estimation 114 298 €
51 714€ - 325 763€
Net Income Multiple 20%
154 775 € × 4.0x
Estimation 618 153 €
233 209€ - 1 367 608€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 241 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 (Location de terrains et d'autres biens immobiliers)

Compare LE WELCOME IMMEUBLE with other companies in the same sector:

Voir toutes les statistiques du secteur Location de terrains et d'autres biens immobiliers

Frequently asked questions about LE WELCOME IMMEUBLE

What is the revenue of LE WELCOME IMMEUBLE ?

The revenue of LE WELCOME IMMEUBLE in 2022 is 169 k€.

Is LE WELCOME IMMEUBLE profitable?

Yes, LE WELCOME IMMEUBLE generated a net profit of 155 k€ in 2022.

Where is the headquarters of LE WELCOME IMMEUBLE ?

The headquarters of LE WELCOME IMMEUBLE is located in VILLEFRANCHE-SUR-MER (06230), in the department Alpes-Maritimes.

Where to find the tax return of LE WELCOME IMMEUBLE ?

The tax return of LE WELCOME IMMEUBLE 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 WELCOME IMMEUBLE operate?

LE WELCOME IMMEUBLE operates in the sector Location de terrains et d'autres biens immobiliers (NAF code 68.20B). See the 'Sector positioning' section above to compare the company with its competitors.