MER ET VACANCES : revenue, balance sheet and financial ratios

MER ET VACANCES is a French company founded 22 years ago, specialized in the sector Location de terrains et d'autres biens immobiliers. Based in LEFFRINCKOUCKE (59495), this company of category PME shows in 2024 a revenue of 460 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-11

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - MER ET VACANCES (SIREN 452716731)
Indicator 2024 2023 2022 2019 2018 2017 2016
Revenue 459 595 € 459 002 € 462 234 € 264 344 € 271 060 € 269 053 € N/C
Net income 23 606 € 88 866 € 101 584 € 45 965 € 33 961 € 3 358 € 19 043 €
EBITDA 27 073 € 109 748 € 142 823 € 61 380 € 44 298 € 37 150 € N/C
Net margin 5.1% 19.4% 22.0% 17.4% 12.5% 1.2% N/C

Revenue and income statement

In 2024, MER ET VACANCES achieves revenue of 460 k€. Over the period 2017-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +7.9%. Vs 2023: +0%. After deducting consumption (18 k€), gross margin stands at 442 k€, i.e. a rate of 96%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 27 k€, representing 5.9% of revenue. Warning negative scissor effect: despite revenue change (+0%), EBITDA varies by -75%, reducing margin by 18.0 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 24 k€, i.e. 5.1% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

459 595 €

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

441 511 €

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

27 073 €

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

20 614 €

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

23 606 €

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

5.9%

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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 86%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 26%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 6.6 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 3.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

85.741%

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

25.838%

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

3.763%

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

6.624

Solvency indicators evolution
MER ET VACANCES

Sector positioning

Debt ratio
85.74 2024
2022
2023
2024
Q1: -20.86
Med: 5.98
Q3: 146.91
Average +7 pts over 3 years

In 2024, the debt ratio of MER ET VACANCES (85.74) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
25.84% 2024
2022
2023
2024
Q1: 0.04%
Med: 27.65%
Q3: 73.85%
Average

In 2024, the financial autonomy of MER ET VACANCES (25.8%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
6.62 years 2024
2022
2023
2024
Q1: -0.02 years
Med: 0.66 years
Q3: 10.59 years
Average +14 pts over 3 years

In 2024, the repayment capacity of MER ET VACANCES (6.62) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 0.00. Alert: short-term debt exceeds current assets. Risk of payment difficulties without cash reinforcement. The interest coverage ratio (= EBIT / Interest expenses) is 2.6x. Financial charges are adequately covered by operations.

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

0.0

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

2.611

Liquidity indicators evolution
MER ET VACANCES

Sector positioning

Liquidity ratio
0.0 2024
2022
2023
2024
Q1: 83.89
Med: 308.33
Q3: 1331.54
Watch -15 pts over 3 years

In 2024, the liquidity ratio of MER ET VACANCES (0.00) 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.

Interest coverage
2.61x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 20.08x
Good

In 2024, the interest coverage of MER ET VACANCES (2.6x) 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: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 143 days. Excellent situation: suppliers finance 143 days of the operating cycle (retail model). WCR is negative (-87 days): operations structurally generate 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

-111 438 €

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

0 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

143 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

0 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

-87 j

WCR and payment terms evolution
MER ET VACANCES

Positioning of MER ET VACANCES in its sector

Comparison with sector Location de terrains et d'autres biens immobiliers

Valuation estimate

Based on 169 transactions of similar company sales in 2024, the value of MER ET VACANCES is estimated at 219 190 € (range 72 237€ - 401 059€). With an EBITDA of 27 073€, the sector multiple of 5.6x is applied. The price/revenue ratio is 0.81x (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.

Estimated enterprise value 2024
169 transactions
72k€ 219k€ 401k€
219 190 € Range: 72 237€ - 401 059€
NAF 5 année 2024

Valuation detail by method

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EBITDA Multiple 50%
27 073 € × 5.6x
Estimation 151 604 €
40 131€ - 270 595€
Revenue Multiple 30%
459 595 € × 0.81x
Estimation 370 722 €
141 665€ - 691 306€
Net Income Multiple 20%
23 606 € × 6.8x
Estimation 160 859 €
48 365€ - 291 851€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 169 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 (Location de terrains et d'autres biens immobiliers)

Compare MER ET VACANCES with other companies in the same sector:

Voir toutes les statistiques du secteur Location de terrains et d'autres biens immobiliers

Frequently asked questions about MER ET VACANCES

What is the revenue of MER ET VACANCES ?

The revenue of MER ET VACANCES in 2024 is 460 k€.

Is MER ET VACANCES profitable?

Yes, MER ET VACANCES generated a net profit of 24 k€ in 2024.

Where is the headquarters of MER ET VACANCES ?

The headquarters of MER ET VACANCES is located in LEFFRINCKOUCKE (59495), in the department Nord.

Where to find the tax return of MER ET VACANCES ?

The tax return of MER ET VACANCES 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 MER ET VACANCES operate?

MER ET VACANCES operates in the sector Location de terrains et d'autres biens immobiliers (NAF code 68.20B). See the 'Sector positioning' section above to compare the company with its competitors.