SIREN : 423000553
MAS SEEDS is a French company founded 27 years ago, specialized in the sector Autres cultures non permanentes. Based in HAUT-MAUCO (40280), this company of category PME shows in 2025 a revenue of 108.2 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
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 108 181 268 € | 128 885 144 € | 122 078 357 € | 131 978 953 € | 120 505 751 € | 106 191 615 € | 102 876 376 € | 110 589 901 € | 102 636 184 € | 98 694 502 € |
| Net income | -5 628 984 € | -7 217 455 € | -6 186 751 € | -3 436 579 € | -11 262 649 € | -8 425 667 € | -4 739 702 € | 3 054 427 € | -64 999 € | 1 109 402 € |
| EBITDA | -2 576 535 € | -3 513 736 € | -2 066 585 € | -2 937 279 € | -7 893 322 € | -2 974 857 € | 17 910 004 € | 6 599 436 € | 3 541 706 € | 1 783 633 € |
| Net margin | -5.2% | -5.6% | -5.1% | -2.6% | -9.3% | -7.9% | -4.6% | 2.8% | -0.1% | 1.1% |
In 2025, MAS SEEDS achieves revenue of 108.2 M€. Revenue is growing positively over 10 years (CAGR: +1.0%). Significant drop of -16% vs 2024. After deducting consumption (41.9 M€), gross margin stands at 66.3 M€, i.e. a rate of 61%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -2.6 M€, representing -2.4% of revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -5.6 M€ (-5.2% of revenue), which will impact equity.
108 181 268 €
66 287 535 €
-2 576 535 €
-4 344 492 €
-5 628 984 €
-2.4%
The debt ratio (= Financial debt / Equity x 100) stands at 705%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 8%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
705.222%
7.817%
-3.054%
-26.273
18.2%
In 2025, the debt ratio of MAS SEEDS (705.22) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.
In 2025, the financial autonomy of MAS SEEDS (7.8%) 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 2025, the repayment capacity of MAS SEEDS (-26.27) 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 220.19. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
220.192
-320.914
In 2025, the liquidity ratio of MAS SEEDS (220.19) 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 2025, the interest coverage of MAS SEEDS (-320.9x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 126 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 116 days. The company must finance 10 days of gap between collections and payments. Inventory turnover is 128 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 318 days of revenue, i.e. 95.4 M€ to permanently finance.
95 420 206 €
126 j
116 j
128 j
318 j
Based on 138 transactions of similar company sales (all years), the value of MAS SEEDS is estimated at 44 810 214 € (range 15 367 620€ - 75 242 374€). The price/revenue ratio is 0.41x (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.
Only this financial indicator is available for this company.
This estimate is based on the analysis of 138 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 MAS SEEDS with other companies in the same sector:
Voir toutes les statistiques du secteur Autres cultures non permanentes
The revenue of MAS SEEDS in 2025 is 108.2 M€.
MAS SEEDS recorded a net loss in 2025.
The headquarters of MAS SEEDS is located in HAUT-MAUCO (40280), in the department Landes.
The tax return of MAS SEEDS 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).
MAS SEEDS operates in the sector Autres cultures non permanentes (NAF code 01.19Z). See the 'Sector positioning' section above to compare the company with its competitors.