SIREN : 821121787
M E G is a French company founded 9 years ago, specialized in the sector Autres activités récréatives et de loisirs. Based in NICE (06200), this company of category PME shows in 2021 a revenue of 261 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
| Indicator | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|
| Revenue | 261 454 € | 203 740 € | 489 197 € | 505 215 € | 568 595 € |
| Net income | -745 € | -96 899 € | 23 553 € | 22 552 € | 33 245 € |
| EBITDA | 5 859 € | -102 385 € | 40 584 € | 36 602 € | 55 432 € |
| Net margin | -0.3% | -47.6% | 4.8% | 4.5% | 5.8% |
In 2021, M E G achieves revenue of 261 k€. Revenue is declining over the period 2017-2021 (CAGR: -17.7%). Vs 2020, growth of +28% (204 k€ -> 261 k€). After deducting consumption (39 k€), gross margin stands at 223 k€, i.e. a rate of 85%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 6 k€, representing 2.2% of revenue. Positive scissor effect: EBITDA margin improves by +52.5 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -745 € (-0.3% of revenue), which will impact equity.
261 454 €
222 849 €
5 859 €
-2 839 €
-745 €
1.5%
The debt ratio (= Financial debt / Equity x 100) stands at -1475%. 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 -3%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 30.5 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 2.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
-1475.061%
-2.964%
2.143%
30.481
57.5%
In 2021, the debt ratio of M E G (-1475.06) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.
In 2021, the financial autonomy of M E G (-3.0%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2021, the repayment capacity of M E G (30.48) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 44.52. 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 70.0x. Operating income very largely covers interest expenses: high safety margin.
44.524
69.995
In 2021, the liquidity ratio of M E G (44.52) 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.
In 2021, the interest coverage of M E G (70.0x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 1 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 336 days. Excellent situation: suppliers finance 335 days of the operating cycle (retail model). Inventory turnover is 5 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 72 days of revenue, i.e. 53 k€ to permanently finance. Over 2017-2021, WCR increased by +97%, requiring additional financing.
52 505 €
1 j
336 j
5 j
72 j
Based on 114 transactions of similar company sales (all years), the value of M E G is estimated at 89 399 € (range 43 419€ - 163 546€). With an EBITDA of 5 859€, the sector multiple of 5.1x is applied. The price/revenue ratio is 0.72x (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.
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This estimate is based on the analysis of 114 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare M E G with other companies in the same sector:
Voir toutes les statistiques du secteur Autres activités récréatives et de loisirs
The revenue of M E G in 2021 is 261 k€.
M E G recorded a net loss in 2021.
The headquarters of M E G is located in NICE (06200), in the department Alpes-Maritimes.
The tax return of M E G 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).
M E G operates in the sector Autres activités récréatives et de loisirs (NAF code 93.29Z). See the 'Sector positioning' section above to compare the company with its competitors.