SIREN : 853211993
MAKE DISTRIBUTION is a French company founded 6 years ago, specialized in the sector Hypermarchés. Based in LE PORT (97420), this company of category ETI shows in 2023 a revenue of 115.6 M€. 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 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|
| Revenue | 115 580 319 € | 152 787 944 € | 201 483 348 € | 98 654 973 € |
| Net income | 29 176 873 € | -12 512 479 € | -59 863 891 € | -17 782 499 € |
| EBITDA | -10 730 670 € | -29 832 003 € | -19 532 974 € | -14 409 015 € |
| Net margin | 25.2% | -8.2% | -29.7% | -18.0% |
In 2023, MAKE DISTRIBUTION achieves revenue of 115.6 M€. Over the period 2020-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +5.4%. Significant drop of -24% vs 2022. After deducting consumption (93.9 M€), gross margin stands at 21.7 M€, i.e. a rate of 19%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -10.7 M€, representing -9.3% of revenue. Positive scissor effect: EBITDA margin improves by +10.2 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 29.2 M€, i.e. 25.2% of revenue. This profit can be retained or distributed to shareholders.
115 580 319 €
21 664 594 €
-10 730 670 €
-13 497 060 €
29 176 873 €
-9.3%
The debt ratio (= Financial debt / Equity x 100) stands at 27%. 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 32%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 25.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
27.178%
31.505%
25.723%
0.238
61.5%
In 2023, the debt ratio of MAKE DISTRIBUTION (27.18) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2023, the financial autonomy of MAKE DISTRIBUTION (31.5%) 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 2023, the repayment capacity of MAKE DISTRIBUTION (0.24) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 89.50. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
89.499
-7.431
In 2023, the liquidity ratio of MAKE DISTRIBUTION (89.50) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.
In 2023, the interest coverage of MAKE DISTRIBUTION (-7.4x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 16 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 104 days. Excellent situation: suppliers finance 88 days of the operating cycle (retail model). Inventory turnover is 75 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 89 days of revenue, i.e. 28.5 M€ to permanently finance. Over 2020-2023, WCR increased by +36%, requiring additional financing.
28 467 433 €
16 j
104 j
75 j
89 j
Based on 357 transactions of similar company sales in 2023, the value of MAKE DISTRIBUTION is estimated at 112 013 464 € (range 44 240 188€ - 204 087 898€). The price/revenue ratio is 0.33x (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.
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This estimate is based on the analysis of 357 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 MAKE DISTRIBUTION with other companies in the same sector:
The revenue of MAKE DISTRIBUTION in 2023 is 115.6 M€.
Yes, MAKE DISTRIBUTION generated a net profit of 29.2 M€ in 2023.
The headquarters of MAKE DISTRIBUTION is located in LE PORT (97420), in the department La Reunion.
The tax return of MAKE DISTRIBUTION 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).
MAKE DISTRIBUTION operates in the sector Hypermarchés (NAF code 47.11F). See the 'Sector positioning' section above to compare the company with its competitors.