LES LAVANDIERES : revenue, balance sheet and financial ratios
LES LAVANDIERES is a French company
founded 64 years ago,
specialized in the sector Blanchisserie-teinturerie de gros.
Based in AVRILLE (49240),
this company of category GE
shows in 2024 a revenue of 220.9 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - LES LAVANDIERES (SIREN 062201009)
Indicator
2024
2023
2022
2020
2019
2018
2016
Revenue
220 940 003 €
213 019 707 €
193 802 999 €
157 319 922 €
176 565 834 €
171 942 758 €
168 377 664 €
Net income
30 080 554 €
24 673 633 €
21 127 377 €
12 246 825 €
13 947 250 €
17 260 738 €
16 501 540 €
EBITDA
65 082 781 €
63 132 145 €
53 366 170 €
44 678 065 €
51 090 902 €
50 752 788 €
54 343 920 €
Net margin
13.6%
11.6%
10.9%
7.8%
7.9%
10.0%
9.8%
Revenue and income statement
In 2024, LES LAVANDIERES achieves revenue of 220.9 M€. Revenue is growing positively over 7 years (CAGR: +3.5%). Vs 2023: +4%. After deducting consumption (16.1 M€), gross margin stands at 204.8 M€, i.e. a rate of 93%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 65.1 M€, representing 29.5% 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 30.1 M€, i.e. 13.6% 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
220 940 003 €
Gross margin (2024)
?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
204 835 017 €
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
65 082 781 €
EBIT (2024)
?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
38 230 613 €
Net income (2024)
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Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
30 080 554 €
EBITDA margin (2024)
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EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability 5-10% : Average < 5% : Low
29.4%
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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 17%. 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 68%. 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 0.6 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.
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
16.541%
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
67.782%
Cash flow / Revenue (2024)
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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
28.331%
Repayment capacity (2024)
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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
0.642
Asset age ratio (2024)
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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
2018
2019
2020
2022
2023
2024
Debt ratio
9.537
5.4
4.362
4.158
2.832
15.892
16.541
Financial autonomy
56.614
65.202
66.862
69.396
71.97
66.879
67.782
Repayment capacity
0.182
0.142
0.108
0.147
0.107
0.569
0.642
Cash flow / Revenue
25.365%
24.864%
29.523%
25.521%
24.892%
27.74%
28.331%
Sector positioning
Debt ratio
16.542024
2022
2023
2024
Q1: 5.75
Med: 52.22
Q3: 129.83
Good+6 pts over 3 years
In 2024, the debt ratio of LES LAVANDIERES (16.54) 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
67.78%2024
2022
2023
2024
Q1: 19.97%
Med: 39.09%
Q3: 55.95%
Excellent
In 2024, the financial autonomy of LES LAVANDIERES (67.8%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.
Repayment capacity
0.64 years2024
2022
2023
2024
Q1: 0.03 years
Med: 0.72 years
Q3: 1.67 years
Good+21 pts over 3 years
In 2024, the repayment capacity of LES LAVANDIERES (0.64) 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 398.58. 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 2.7x. Financial charges are adequately covered by operations.
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
398.576
Interest coverage (2024)
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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
2.679
Liquidity indicators evolution LES LAVANDIERES
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2018
2019
2020
2022
2023
2024
Liquidity ratio
104.571
139.664
138.131
201.212
278.759
350.802
398.576
Interest coverage
0.924
0.321
0.537
0.353
0.193
1.465
2.679
Sector positioning
Liquidity ratio
398.582024
2022
2023
2024
Q1: 106.84
Med: 166.01
Q3: 251.0
Excellent
In 2024, the liquidity ratio of LES LAVANDIERES (398.58) 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.
Interest coverage
2.68x2024
2022
2023
2024
Q1: 0.04x
Med: 1.74x
Q3: 4.43x
Good+31 pts over 3 years
In 2024, the interest coverage of LES LAVANDIERES (2.7x) 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: 8 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 81 days. Excellent situation: suppliers finance 73 days of the operating cycle (retail model). Inventory turnover is 6 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 134 days of revenue, i.e. 82.5 M€ to permanently finance. Over 2016-2024, WCR increased by +309%, requiring additional financing.
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
82 510 044 €
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
8 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
81 j
Inventory turnover (2024)
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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
6 j
WCR in days of revenue (2024)
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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
134 j
WCR and payment terms evolution LES LAVANDIERES
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2018
2019
2020
2022
2023
2024
Operating WCR
-39 535 076 €
-27 419 712 €
-23 741 042 €
-2 336 201 €
40 859 486 €
51 175 854 €
82 510 044 €
Inventory turnover (days)
5
5
6
7
7
6
6
Customer payment term (days)
69
69
67
68
68
7
8
Supplier payment term (days)
84
51
80
85
76
77
81
Positioning of LES LAVANDIERES in its sector
Comparison with sector Blanchisserie-teinturerie de gros
Valuation estimate
Indicative estimate only : the number of comparable transactions in this sector is limited (45 transactions).
This range of 21 434 543€ to 331 915 013€ is provided for information purposes only and requires in-depth analysis to be confirmed.
Estimated enterprise value2024
Indicative
21434k€97351k€331915k€
97 351 976 €Range: 21 434 543€ - 331 915 013€
NAF 5 année 2024
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 45 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 (Blanchisserie-teinturerie de gros)
Compare LES LAVANDIERES with other companies in the same sector:
The revenue of LES LAVANDIERES in 2024 is 220.9 M€.
Is LES LAVANDIERES profitable?
Yes, LES LAVANDIERES generated a net profit of 30.1 M€ in 2024.
Where is the headquarters of LES LAVANDIERES ?
The headquarters of LES LAVANDIERES is located in AVRILLE (49240), in the department Maine-et-Loire.
Where to find the tax return of LES LAVANDIERES ?
The tax return of LES LAVANDIERES 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 LES LAVANDIERES operate?
LES LAVANDIERES operates in the sector Blanchisserie-teinturerie de gros (NAF code 96.01A). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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