LIFRATEX : revenue, balance sheet and financial ratios

LIFRATEX is a French company founded 30 years ago, specialized in the sector Intermédiaires du commerce en textiles, habillement, fourrures, chaussures et articles en cuir. Based in LECELLES (59226), this company of category PME shows in 2024 a revenue of 318 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-08-08

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Synthèse

Santé financière : Fragile

Signal structurel : exploitation déficitaire (EBE négatif).

In summary, LIFRATEX is currently loss-making, which weighs on its accounts. Its financial structure is fragile, with debt above sector norms — a point to monitor.

Financial history - LIFRATEX (SIREN 408705184)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 317 910 € 363 161 € 391 222 € 307 665 € 316 515 € 272 801 € 278 894 € 344 230 € 276 070 €
Net income -5 120 € 29 488 € 37 234 € -32 511 € 43 333 € -25 494 € -39 061 € 12 873 € -18 231 €
EBITDA -53 684 € 613 € 7 441 € -37 965 € 57 675 € -14 655 € -23 663 € 35 032 € -9 955 €
Net margin -1.6% 8.1% 9.5% -10.6% 13.7% -9.3% -14.0% 3.7% -6.6%

Revenue and income statement

In 2024, LIFRATEX achieves revenue of 318 k€. Revenue is growing positively over 9 years (CAGR: +0.1%). Significant drop of -12% vs 2023. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -54 k€, representing -16.9% of revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -5 k€ (-1.6% of revenue), which will impact equity.

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

317 910 €

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

317 910 €

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

-53 684 €

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

-49 774 €

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

-5 120 €

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

-16.9%

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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 72%. This ratio is less favorable than the sector median (11.5%) and warrants attention. Financial autonomy (= Equity / Total assets x 100) reaches 52%. This ratio is more favorable than the sector median (45.0%).

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

71.62%

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

52.1%

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

-12.09%

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

-2.93

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

81.7%

Solvency indicators evolution
LIFRATEX

Sector positioning

Debt ratio
71.62% 2024
Q1: 0.03%
Med: 11.53%
Q3: 49.82%
Watch

In 2024, the debt ratio of LIFRATEX (71.6%) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
52.1% 2024
Q1: 14.6%
Med: 45.0%
Q3: 72.18%
Good

In 2024, the financial autonomy of LIFRATEX (52.1%) 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
10.52 years 2023
Q1: 0.0 years
Med: 0.33 years
Q3: 2.15 years
Watch +6 pts over 2 years

In 2023, the repayment capacity of LIFRATEX (10.52) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 5.17. This ratio is more favorable than the sector median (3.5).

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

5.17

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

-3.54

Liquidity indicators evolution
LIFRATEX

Sector positioning

Liquidity ratio
5.17 2024
Q1: 1.4
Med: 3.45
Q3: 5.46
Good

In 2024, the liquidity ratio of LIFRATEX (5.17) 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
77.81x 2023
Q1: 0.0x
Med: 0.27x
Q3: 4.16x
Excellent

In 2023, the interest coverage of LIFRATEX (77.8x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

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: 105 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 9 days. The gap of 96 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 108 days of revenue, i.e. 96 k€ to permanently finance. Between 2021 and 2024, WCR improved by 16 days of revenue, freeing up cash.

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

95 688 €

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

105 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

9 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

108 j

WCR and payment terms evolution
LIFRATEX

Positioning of LIFRATEX in its sector

Comparison with sector Intermédiaires du commerce en textiles, habillement, fourrures, chaussures et articles en cuir

Valuation estimate

Based on 229 transactions of similar company sales (all years), the value of LIFRATEX is estimated at 103 093 € (range 48 339€ - 252 228€). The price/revenue ratio is 0.32x (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
229 transactions
48k€ 103k€ 252k€
103 093 € Range: 48 339€ - 252 228€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation method used

Revenue Multiple
317 910 € × 0.32x = 103 094 €
Range: 48 340€ - 252 228€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 229 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 (Intermédiaires du commerce en textiles, habillement, fourrures, chaussures et articles en cuir)

Compare LIFRATEX with other companies in the same sector:

Top companies in Intermédiaires du commerce en textiles, habillement, fourrures, chaussures et articles en cuir

Largest companies by revenue in the sector Intermédiaires du commerce en textiles, habillement, fourrures, chaussures et articles en cuir:

Top companies in Nord

Largest companies by revenue in the department Nord:

Frequently asked questions about LIFRATEX

What is the revenue of LIFRATEX ?

The revenue of LIFRATEX in 2024 is 318 k€.

Is LIFRATEX profitable?

LIFRATEX recorded a net loss in 2024.

Where is the headquarters of LIFRATEX ?

The headquarters of LIFRATEX is located in LECELLES (59226), in the department Nord.

Where to find the tax return of LIFRATEX ?

The tax return of LIFRATEX 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 LIFRATEX operate?

LIFRATEX operates in the sector Intermédiaires du commerce en textiles, habillement, fourrures, chaussures et articles en cuir (NAF code 46.16Z). See the 'Sector positioning' section above to compare the company with its competitors.