LES TOITS DU DEVOLUY : revenue, balance sheet and financial ratios

LES TOITS DU DEVOLUY is a French company founded 16 years ago, specialized in the sector Hébergement touristique et autre hébergement de courte durée . Based in DEVOLUY (05250), this company of category ETI shows in 2024 a revenue of 200 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 - LES TOITS DU DEVOLUY (SIREN 523381978)
Indicator 2024 2023 2022 2021 2020 2018 2017 2016
Revenue 199 923 € 193 490 € 207 083 € 38 744 € 200 058 € 206 721 € 279 236 € 327 711 €
Net income 53 188 € 12 977 € 45 626 € -15 502 € 10 229 € -11 495 € 217 333 € -82 454 €
EBITDA 38 000 € -4 765 € 14 333 € -24 023 € -5 287 € -32 243 € -76 318 € -57 264 €
Net margin 26.6% 6.7% 22.0% -40.0% 5.1% -5.6% 77.8% -25.2%

Revenue and income statement

In 2024, LES TOITS DU DEVOLUY achieves revenue of 200 k€. Revenue is declining over the period 2016-2024 (CAGR: -6.0%). Vs 2023: +3%. After deducting consumption (0 €), gross margin stands at 200 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 38 k€, representing 19.0% of revenue. Positive scissor effect: EBITDA margin improves by +21.5 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 53 k€, i.e. 26.6% 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

199 923 €

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

199 923 €

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

38 000 €

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

37 026 €

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

53 188 €

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

19.0%

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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 16%. 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 24%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.3 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 18.0% 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

16.453%

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

23.543%

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

18.007%

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

0.312

Solvency indicators evolution
LES TOITS DU DEVOLUY

Sector positioning

Debt ratio
16.45 2024
2022
2023
2024
Q1: -3.79
Med: 0.16
Q3: 69.98
Average -13 pts over 3 years

In 2024, the debt ratio of LES TOITS DU DEVOLUY (16.45) 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
23.54% 2024
2022
2023
2024
Q1: 0.0%
Med: 9.22%
Q3: 47.63%
Good +34 pts over 3 years

In 2024, the financial autonomy of LES TOITS DU DEVOLUY (23.5%) 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
0.31 years 2024
2022
2023
2024
Q1: -0.19 years
Med: 0.0 years
Q3: 2.6 years
Average

In 2024, the repayment capacity of LES TOITS DU DEVOLUY (0.31) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 143.17. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

143.171

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

0.0

Liquidity indicators evolution
LES TOITS DU DEVOLUY

Sector positioning

Liquidity ratio
143.17 2024
2022
2023
2024
Q1: 33.0
Med: 119.82
Q3: 327.59
Good +17 pts over 3 years

In 2024, the liquidity ratio of LES TOITS DU DEVOLUY (143.17) 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 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 3.06x
Average

In 2024, the interest coverage of LES TOITS DU DEVOLUY (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. Average customer payment term: 2 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 349 days. Excellent situation: suppliers finance 347 days of the operating cycle (retail model). Overall, WCR represents 274 days of revenue, i.e. 152 k€ to permanently finance. Over 2016-2024, WCR increased by +238%, requiring additional financing.

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

151 971 €

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

2 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

349 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

0 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

274 j

WCR and payment terms evolution
LES TOITS DU DEVOLUY

Positioning of LES TOITS DU DEVOLUY in its sector

Comparison with sector Hébergement touristique et autre hébergement de courte durée

Valuation estimate

Based on 261 transactions of similar company sales (all years), the value of LES TOITS DU DEVOLUY is estimated at 210 499 € (range 111 770€ - 409 687€). With an EBITDA of 38 000€, the sector multiple of 5.3x is applied. The price/revenue ratio is 0.75x (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 2024
261 transactions
111k€ 210k€ 409k€
210 499 € Range: 111 770€ - 409 687€
NAF 5 all-time

Valuation detail by method

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EBITDA Multiple 50%
38 000 € × 5.3x
Estimation 201 299 €
117 478€ - 392 911€
Revenue Multiple 30%
199 923 € × 0.75x
Estimation 149 448 €
102 045€ - 271 986€
Net Income Multiple 20%
53 188 € × 6.1x
Estimation 325 079 €
112 092€ - 658 183€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 261 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 (Hébergement touristique et autre hébergement de courte durée )

Compare LES TOITS DU DEVOLUY with other companies in the same sector:

Voir toutes les statistiques du secteur Hébergement touristique et autre hébergement de courte durée

Frequently asked questions about LES TOITS DU DEVOLUY

What is the revenue of LES TOITS DU DEVOLUY ?

The revenue of LES TOITS DU DEVOLUY in 2024 is 200 k€.

Is LES TOITS DU DEVOLUY profitable?

Yes, LES TOITS DU DEVOLUY generated a net profit of 53 k€ in 2024.

Where is the headquarters of LES TOITS DU DEVOLUY ?

The headquarters of LES TOITS DU DEVOLUY is located in DEVOLUY (05250), in the department Hautes-Alpes.

Where to find the tax return of LES TOITS DU DEVOLUY ?

The tax return of LES TOITS DU DEVOLUY 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 TOITS DU DEVOLUY operate?

LES TOITS DU DEVOLUY operates in the sector Hébergement touristique et autre hébergement de courte durée (NAF code 55.20Z). See the 'Sector positioning' section above to compare the company with its competitors.