SIREN : 340480938
LECORRE is a French company founded 39 years ago, specialized in the sector Activités de soutien aux cultures. Based in SAINT-ANDRE-DES-EAUX (44117), this company of category PME shows in 2022 a revenue of 566 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
| Indicator | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|
| Revenue | 566 270 € | 429 506 € | 395 382 € | 311 687 € | 164 523 € |
| Net income | 48 315 € | 44 119 € | 46 020 € | 72 035 € | 33 192 € |
| EBITDA | 174 215 € | 122 538 € | 137 248 € | 125 636 € | 62 790 € |
| Net margin | 8.5% | 10.3% | 11.6% | 23.1% | 20.2% |
In 2022, LECORRE achieves revenue of 566 k€. Over the period 2018-2022, the company shows strong growth with a CAGR (compound annual growth rate) of +36.2%. Vs 2021, growth of +32% (430 k€ -> 566 k€). After deducting consumption (109 k€), gross margin stands at 457 k€, i.e. a rate of 81%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 174 k€, representing 30.8% of revenue. Positive scissor effect: EBITDA margin improves by +2.2 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 48 k€, i.e. 8.5% of revenue. This profit can be retained or distributed to shareholders.
566 270 €
457 458 €
174 215 €
77 690 €
48 315 €
30.5%
The debt ratio (= Financial debt / Equity x 100) stands at 140%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 39%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.4 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 28.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
140.002%
38.591%
28.346%
2.418
40.7%
In 2022, the debt ratio of LECORRE (140.00) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2022, the financial autonomy of LECORRE (38.6%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.
In 2022, the repayment capacity of LECORRE (2.42) 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 661.58. 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 2.0x. Financial charges are adequately covered by operations.
661.583
2.018
In 2022, the liquidity ratio of LECORRE (661.58) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.
In 2022, the interest coverage of LECORRE (2.0x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 58 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 39 days. The company must finance 19 days of gap between collections and payments. Inventory turnover is 1 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 49 days of revenue, i.e. 78 k€ to permanently finance. Over 2018-2022, WCR increased by +152%, requiring additional financing.
77 568 €
58 j
39 j
1 j
49 j
Based on 50 transactions of similar company sales
(all years),
the value of LECORRE is estimated at
317 811 €
(range 116 674€ - 538 526€).
With an EBITDA of 174 215€, the sector multiple of 2.7x is applied.
The price/revenue ratio is 0.37x
(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.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 50 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 LECORRE with other companies in the same sector:
Voir toutes les statistiques du secteur Activités de soutien aux cultures
The revenue of LECORRE in 2022 is 566 k€.
Yes, LECORRE generated a net profit of 48 k€ in 2022.
The headquarters of LECORRE is located in SAINT-ANDRE-DES-EAUX (44117), in the department Loire-Atlantique.
The tax return of LECORRE 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).
LECORRE operates in the sector Activités de soutien aux cultures (NAF code 01.61Z). See the 'Sector positioning' section above to compare the company with its competitors.