LEGUM' LAND : revenue, balance sheet and financial ratios

LEGUM' LAND is a French company founded 37 years ago, specialized in the sector Culture de légumes, de melons, de racines et de tubercules. Based in YCHOUX (40160), this company of category PME shows in 2024 a revenue of 22.4 M€. 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

Financial history - LEGUM' LAND (SIREN 349501239)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 22 418 980 € 23 970 080 € 17 802 739 € 16 615 178 € 19 471 013 € 15 877 548 € 14 767 828 € 13 154 802 € 17 753 729 €
Net income 2 409 667 € 3 983 364 € -1 531 188 € -1 744 008 € 1 017 700 € -133 343 € 76 516 € -3 530 524 € 300 598 €
EBITDA 4 572 512 € 5 224 000 € -2 434 105 € -3 181 208 € 475 825 € -1 512 714 € -993 741 € -4 396 253 € -466 576 €
Net margin 10.7% 16.6% -8.6% -10.5% 5.2% -0.8% 0.5% -26.8% 1.7%

Revenue and income statement

In 2024, LEGUM' LAND achieves revenue of 22.4 M€. Revenue is growing positively over 9 years (CAGR: +3.0%). Slight decline of -6% vs 2023. After deducting consumption (9.9 M€), gross margin stands at 12.5 M€, i.e. a rate of 56%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 4.6 M€, representing 20.4% of 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 2.4 M€, i.e. 10.7% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

22 418 980 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

12 512 349 €

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

4 572 512 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

2 840 448 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

2 409 667 €

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

20.4%

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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 29%. 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 51%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.4 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 18.6% 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 (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

28.706%

Financial autonomy (2024) ?
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

50.912%

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

18.61%

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

0.448

Asset age ratio (2024) ?
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

19.8%

Solvency indicators evolution
LEGUM' LAND

Sector positioning

Debt ratio
28.71 2024
2022
2023
2024
Q1: 5.96
Med: 41.62
Q3: 134.36
Good -35 pts over 3 years

In 2024, the debt ratio of LEGUM' LAND (28.71) 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
50.91% 2024
2022
2023
2024
Q1: 11.38%
Med: 34.06%
Q3: 57.22%
Good +44 pts over 3 years

In 2024, the financial autonomy of LEGUM' LAND (50.9%) 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.

Repayment capacity
0.45 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.47 years
Q3: 2.96 years
Good +24 pts over 3 years

In 2024, the repayment capacity of LEGUM' LAND (0.45) 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 157.89. 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 4.6x. Financial charges are adequately covered by operations.

Liquidity ratio (2024) ?
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

157.886

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

4.578

Liquidity indicators evolution
LEGUM' LAND

Sector positioning

Liquidity ratio
157.89 2024
2022
2023
2024
Q1: 125.21
Med: 209.59
Q3: 411.22
Average -9 pts over 3 years

In 2024, the liquidity ratio of LEGUM' LAND (157.89) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
4.58x 2024
2022
2023
2024
Q1: 0.0x
Med: 1.41x
Q3: 8.21x
Good +38 pts over 3 years

In 2024, the interest coverage of LEGUM' LAND (4.6x) 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: 35 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 70 days. Excellent situation: suppliers finance 35 days of the operating cycle (retail model). Inventory turnover is 54 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 83 days of revenue, i.e. 5.2 M€ to permanently finance.

Operating WCR (2024) ?
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

5 163 988 €

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

35 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

70 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

54 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

83 j

WCR and payment terms evolution
LEGUM' LAND

Positioning of LEGUM' LAND in its sector

Comparison with sector Culture de légumes, de melons, de racines et de tubercules

Valuation estimate

Based on 138 transactions of similar company sales (all years), the value of LEGUM' LAND is estimated at 11 610 889 € (range 4 000 757€ - 19 987 361€). With an EBITDA of 4 572 512€, the sector multiple of 3.3x is applied. The price/revenue ratio is 0.41x (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 value 2024
138 transactions
4000k€ 11610k€ 19987k€
11 610 889 € Range: 4 000 757€ - 19 987 361€
Section all-time Aggregated at NAF section level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
4 572 512 € × 3.3x
Estimation 15 294 400 €
5 059 084€ - 22 820 091€
Revenue Multiple 30%
22 418 980 € × 0.41x
Estimation 9 286 259 €
3 184 714€ - 15 592 878€
Net Income Multiple 20%
2 409 667 € × 2.4x
Estimation 5 889 057 €
2 579 009€ - 19 497 265€
How is this estimate calculated?

This estimate is based on the analysis of 138 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 (Culture de légumes, de melons, de racines et de tubercules)

Compare LEGUM' LAND with other companies in the same sector:

Frequently asked questions about LEGUM' LAND

What is the revenue of LEGUM' LAND ?

The revenue of LEGUM' LAND in 2024 is 22.4 M€.

Is LEGUM' LAND profitable?

Yes, LEGUM' LAND generated a net profit of 2.4 M€ in 2024.

Where is the headquarters of LEGUM' LAND ?

The headquarters of LEGUM' LAND is located in YCHOUX (40160), in the department Landes.

Where to find the tax return of LEGUM' LAND ?

The tax return of LEGUM' LAND 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 LEGUM' LAND operate?

LEGUM' LAND operates in the sector Culture de légumes, de melons, de racines et de tubercules (NAF code 01.13Z). See the 'Sector positioning' section above to compare the company with its competitors.