MANUFACTURE DE TISSUS EN BANDES : revenue, balance sheet and financial ratios

MANUFACTURE DE TISSUS EN BANDES is a French company founded 70 years ago, specialized in the sector Fabrication d'autres textiles n.c.a.. Based in COMINES (59560), this company of category ETI shows in 2023 a revenue of 2.5 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 - MANUFACTURE DE TISSUS EN BANDES (SIREN 456500941)
Indicator 2023 2022 2020 2019 2017 2016
Revenue 2 482 297 € 2 555 988 € 1 854 236 € 1 946 100 € 1 983 043 € 1 979 991 €
Net income 304 004 € 402 486 € 529 930 € 555 680 € 479 782 € 388 807 €
EBITDA 461 184 € 222 049 € 221 326 € 231 066 € 189 712 € 210 669 €
Net margin 12.2% 15.7% 28.6% 28.6% 24.2% 19.6%

Revenue and income statement

In 2023, MANUFACTURE DE TISSUS EN BANDES achieves revenue of 2.5 M€. Revenue is growing positively over 6 years (CAGR: +3.3%). Slight decline of -3% vs 2022. After deducting consumption (1.1 M€), gross margin stands at 1.4 M€, i.e. a rate of 56%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 461 k€, representing 18.6% of revenue. Positive scissor effect: EBITDA margin improves by +9.9 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 304 k€, i.e. 12.2% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

2 482 297 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

1 394 295 €

EBITDA (2023) ?
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

461 184 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

136 448 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

304 004 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

18.6%

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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 0%. 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 74%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Cash flow represents 25.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.0%

Financial autonomy (2023) ?
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

74.489%

Cash flow / Revenue (2023) ?
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

25.286%

Repayment capacity (2023) ?
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

0.0

Asset age ratio (2023) ?
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

21.4%

Solvency indicators evolution
MANUFACTURE DE TISSUS EN BANDES

Sector positioning

Debt ratio
0.0 2023
2020
2022
2023
Q1: 0.05
Med: 13.47
Q3: 52.46
Excellent

In 2023, the debt ratio of MANUFACTURE DE TISSUS EN ... (0.00) 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.

Financial autonomy
74.49% 2023
2020
2022
2023
Q1: 22.43%
Med: 49.8%
Q3: 72.65%
Excellent

In 2023, the financial autonomy of MANUFACTURE DE TISSUS EN ... (74.5%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
0.0 years 2023
2020
2022
2023
Q1: 0.0 years
Med: 0.02 years
Q3: 1.4 years
Excellent -25 pts over 3 years

In 2023, the repayment capacity of MANUFACTURE DE TISSUS EN ... (0.00) 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 224.24. 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 0.1x. Danger: operating income does not cover interest charges, unsustainable situation.

Liquidity ratio (2023) ?
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

224.236

Interest coverage (2023) ?
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

0.116

Liquidity indicators evolution
MANUFACTURE DE TISSUS EN BANDES

Sector positioning

Liquidity ratio
224.24 2023
2020
2022
2023
Q1: 165.99
Med: 266.02
Q3: 466.24
Average -9 pts over 3 years

In 2023, the liquidity ratio of MANUFACTURE DE TISSUS EN ... (224.24) 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
0.12x 2023
2020
2022
2023
Q1: -0.01x
Med: 0.0x
Q3: 3.17x
Good

In 2023, the interest coverage of MANUFACTURE DE TISSUS EN ... (0.1x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

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: 31 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 52 days. Favorable situation: supplier credit is longer than customer credit by 21 days. Inventory turnover is 42 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 50 days of revenue, i.e. 342 k€ to permanently finance. Notable WCR improvement over the period (-63%), freeing up cash.

Operating WCR (2023) ?
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

342 185 €

Customer credit (2023) ?
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

31 j

Supplier credit (2023) ?
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

52 j

Inventory turnover (2023) ?
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

42 j

WCR in days of revenue (2023) ?
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

50 j

WCR and payment terms evolution
MANUFACTURE DE TISSUS EN BANDES

Positioning of MANUFACTURE DE TISSUS EN BANDES in its sector

Comparison with sector Fabrication d'autres textiles n.c.a.

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (31 transactions). This range of 372 824€ to 1 262 450€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2023
Indicative
372k€ 659k€ 1262k€
659 901 € Range: 372 824€ - 1 262 450€
NAF 4 all-time Aggregated at NAF sub-class level
How is this estimate calculated?

This estimate is based on the analysis of 31 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 (Fabrication d'autres textiles n.c.a.)

Compare MANUFACTURE DE TISSUS EN BANDES with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication d'autres textiles n.c.a.

Frequently asked questions about MANUFACTURE DE TISSUS EN BANDES

What is the revenue of MANUFACTURE DE TISSUS EN BANDES ?

The revenue of MANUFACTURE DE TISSUS EN BANDES in 2023 is 2.5 M€.

Is MANUFACTURE DE TISSUS EN BANDES profitable?

Yes, MANUFACTURE DE TISSUS EN BANDES generated a net profit of 304 k€ in 2023.

Where is the headquarters of MANUFACTURE DE TISSUS EN BANDES ?

The headquarters of MANUFACTURE DE TISSUS EN BANDES is located in COMINES (59560), in the department Nord.

Where to find the tax return of MANUFACTURE DE TISSUS EN BANDES ?

The tax return of MANUFACTURE DE TISSUS EN BANDES 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 MANUFACTURE DE TISSUS EN BANDES operate?

MANUFACTURE DE TISSUS EN BANDES operates in the sector Fabrication d'autres textiles n.c.a. (NAF code 13.99Z). See the 'Sector positioning' section above to compare the company with its competitors.