M2BOA FERONNERIE D'ART : revenue, balance sheet and financial ratios

M2BOA FERONNERIE D'ART is a French company founded 13 years ago, specialized in the sector Travaux de menuiserie métallique et serrurerie. Based in CERET (66400), this company of category PME shows in 2024 a revenue of 139 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 - M2BOA FERONNERIE D'ART (SIREN 753457795)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 139 493 € 183 850 € 163 236 € 163 752 € 157 213 € 182 535 € 219 682 € 143 240 € 166 677 €
Net income -34 251 € -530 € -246 € 1 701 € 6 919 € 25 414 € 26 773 € 1 162 € 16 867 €
EBITDA -27 593 € 6 628 € 11 834 € 17 139 € 21 975 € 46 293 € 45 051 € 10 023 € 24 220 €
Net margin -24.6% -0.3% -0.2% 1.0% 4.4% 13.9% 12.2% 0.8% 10.1%

Revenue and income statement

In 2024, M2BOA FERONNERIE D'ART achieves revenue of 139 k€. Activity remains stable over the period (CAGR: -2.2%). Significant drop of -24% vs 2023. After deducting consumption (60 k€), gross margin stands at 80 k€, i.e. a rate of 57%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -28 k€, representing -19.8% of revenue. Warning negative scissor effect: despite revenue change (-24%), EBITDA varies by -516%, reducing margin by 23.4 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -34 k€ (-24.6% 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

139 493 €

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

79 854 €

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

-27 593 €

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

-33 524 €

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

-34 251 €

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

-19.8%

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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 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 8%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

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

16.869%

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

7.744%

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

-20.21%

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

-0.099

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

32.4%

Solvency indicators evolution
M2BOA FERONNERIE D'ART

Sector positioning

Debt ratio
16.87 2024
2022
2023
2024
Q1: 3.86
Med: 18.7
Q3: 47.26
Good +12 pts over 3 years

In 2024, the debt ratio of M2BOA FERONNERIE D'ART (16.87) 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
7.74% 2024
2022
2023
2024
Q1: 22.22%
Med: 43.8%
Q3: 59.91%
Watch

In 2024, the financial autonomy of M2BOA FERONNERIE D'ART (7.7%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.

Repayment capacity
-0.1 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.34 years
Q3: 1.4 years
Excellent -26 pts over 3 years

In 2024, the repayment capacity of M2BOA FERONNERIE D'ART (-0.10) 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 135.74. 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

135.743

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

-2.098

Liquidity indicators evolution
M2BOA FERONNERIE D'ART

Sector positioning

Liquidity ratio
135.74 2024
2022
2023
2024
Q1: 164.13
Med: 228.07
Q3: 326.05
Average -26 pts over 3 years

In 2024, the liquidity ratio of M2BOA FERONNERIE D'ART (135.74) 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.

Interest coverage
-2.1x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.52x
Q3: 3.51x
Average -50 pts over 3 years

In 2024, the interest coverage of M2BOA FERONNERIE D'ART (-2.1x) 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: 100 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 21 days. The gap of 79 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 52 days (= Average inventory / Cost of goods x 360). WCR is negative (-4 days): operations structurally generate cash. Notable WCR improvement over the period (-106%), 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

-1 500 €

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

100 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

21 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

52 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

-4 j

WCR and payment terms evolution
M2BOA FERONNERIE D'ART

Positioning of M2BOA FERONNERIE D'ART in its sector

Comparison with sector Travaux de menuiserie métallique et serrurerie

Valuation estimate

Based on 51 transactions of similar company sales in 2024, the value of M2BOA FERONNERIE D'ART is estimated at 19 965 € (range 10 416€ - 23 587€). The price/revenue ratio is 0.14x (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.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2024
51 tx
10k€ 19k€ 23k€
19 965 € Range: 10 416€ - 23 587€
NAF 5 année 2024

Valuation method used

Revenue Multiple
139 493 € × 0.14x = 19 965 €
Range: 10 417€ - 23 587€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 51 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 (Travaux de menuiserie métallique et serrurerie)

Compare M2BOA FERONNERIE D'ART with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux de menuiserie métallique et serrurerie

Frequently asked questions about M2BOA FERONNERIE D'ART

What is the revenue of M2BOA FERONNERIE D'ART ?

The revenue of M2BOA FERONNERIE D'ART in 2024 is 139 k€.

Is M2BOA FERONNERIE D'ART profitable?

M2BOA FERONNERIE D'ART recorded a net loss in 2024.

Where is the headquarters of M2BOA FERONNERIE D'ART ?

The headquarters of M2BOA FERONNERIE D'ART is located in CERET (66400), in the department Pyrenees-Orientales.

Where to find the tax return of M2BOA FERONNERIE D'ART ?

The tax return of M2BOA FERONNERIE D'ART 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 M2BOA FERONNERIE D'ART operate?

M2BOA FERONNERIE D'ART operates in the sector Travaux de menuiserie métallique et serrurerie (NAF code 43.32B). See the 'Sector positioning' section above to compare the company with its competitors.