LUCIEN BERNARD & CIE : revenue, balance sheet and financial ratios

LUCIEN BERNARD & CIE is a French company founded 42 years ago, specialized in the sector Production de boissons alcooliques distillées. Based in BORDEAUX (33800), this company of category ETI shows in 2024 a revenue of 21.4 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 - LUCIEN BERNARD & CIE (SIREN 331241612)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 21 444 190 € 26 950 198 € 37 407 531 € 37 039 703 € 28 969 686 € 36 407 720 € 46 430 509 € 32 357 573 € 32 967 308 €
Net income 2 690 € 1 386 928 € 3 267 099 € 1 422 113 € 5 770 916 € 3 695 763 € -784 422 € -503 718 € 2 307 048 €
EBITDA 1 016 749 € 1 831 892 € 2 737 111 € 928 729 € -2 193 536 € -517 908 € 1 005 118 € -507 241 € -2 769 024 €
Net margin 0.0% 5.1% 8.7% 3.8% 19.9% 10.2% -1.7% -1.6% 7.0%

Revenue and income statement

In 2024, LUCIEN BERNARD & CIE achieves revenue of 21.4 M€. Revenue is declining over the period 2016-2024 (CAGR: -5.2%). Significant drop of -20% vs 2023. After deducting consumption (7.7 M€), gross margin stands at 13.8 M€, i.e. a rate of 64%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.0 M€, representing 4.7% of revenue. Warning negative scissor effect: despite revenue change (-20%), EBITDA varies by -44%, reducing margin by 2.1 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 3 k€, i.e. 0.0% 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

21 444 190 €

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

13 783 800 €

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

1 016 749 €

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

-436 732 €

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

2 690 €

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

4.7%

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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 64%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 57%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

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

63.538%

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

56.688%

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

-2.493%

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

-52.404

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

59.5%

Solvency indicators evolution
LUCIEN BERNARD & CIE

Sector positioning

Debt ratio
63.54 2024
2022
2023
2024
Q1: 4.79
Med: 31.82
Q3: 111.87
Average

In 2024, the debt ratio of LUCIEN BERNARD & CIE (63.54) 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
56.69% 2024
2022
2023
2024
Q1: 18.57%
Med: 48.78%
Q3: 70.56%
Good

In 2024, the financial autonomy of LUCIEN BERNARD & CIE (56.7%) 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
-52.4 years 2024
2022
2023
2024
Q1: -0.01 years
Med: 0.38 years
Q3: 3.77 years
Excellent -52 pts over 3 years

In 2024, the repayment capacity of LUCIEN BERNARD & CIE (-52.40) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 1517.54. 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 150.7x. Operating income very largely covers interest expenses: high safety margin.

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

1517.537

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

150.74

Liquidity indicators evolution
LUCIEN BERNARD & CIE

Sector positioning

Liquidity ratio
1517.54 2024
2022
2023
2024
Q1: 182.05
Med: 355.17
Q3: 829.38
Excellent +22 pts over 3 years

In 2024, the liquidity ratio of LUCIEN BERNARD & CIE (1517.54) 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
150.74x 2024
2022
2023
2024
Q1: 0.0x
Med: 3.01x
Q3: 18.88x
Excellent

In 2024, the interest coverage of LUCIEN BERNARD & CIE (150.7x) 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: 57 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 55 days. The company must finance 2 days of gap between collections and payments. Inventory turnover is 855 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 904 days of revenue, i.e. 53.9 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

53 875 954 €

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

57 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

55 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

855 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

904 j

WCR and payment terms evolution
LUCIEN BERNARD & CIE

Positioning of LUCIEN BERNARD & CIE in its sector

Comparison with sector Production de boissons alcooliques distillées

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (22 transactions). This range of 546 119€ to 2 971 916€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
546k€ 1359k€ 2971k€
1 359 352 € Range: 546 119€ - 2 971 916€
NAF 5 all-time
How is this estimate calculated?

This estimate is based on the analysis of 22 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 (Production de boissons alcooliques distillées)

Compare LUCIEN BERNARD & CIE with other companies in the same sector:

Voir toutes les statistiques du secteur Production de boissons alcooliques distillées

Frequently asked questions about LUCIEN BERNARD & CIE

What is the revenue of LUCIEN BERNARD & CIE ?

The revenue of LUCIEN BERNARD & CIE in 2024 is 21.4 M€.

Is LUCIEN BERNARD & CIE profitable?

Yes, LUCIEN BERNARD & CIE generated a net profit of 3 k€ in 2024.

Where is the headquarters of LUCIEN BERNARD & CIE ?

The headquarters of LUCIEN BERNARD & CIE is located in BORDEAUX (33800), in the department Gironde.

Where to find the tax return of LUCIEN BERNARD & CIE ?

The tax return of LUCIEN BERNARD & CIE 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 LUCIEN BERNARD & CIE operate?

LUCIEN BERNARD & CIE operates in the sector Production de boissons alcooliques distillées (NAF code 11.01Z). See the 'Sector positioning' section above to compare the company with its competitors.