METRE CARRE DEVELOPPEMENT : revenue, balance sheet and financial ratios

METRE CARRE DEVELOPPEMENT is a French company founded 18 years ago, specialized in the sector Activités des marchands de biens immobiliers. Based in PERPIGNAN (66100), this company of category PME shows in 2023 a revenue of 132 k€. 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 - METRE CARRE DEVELOPPEMENT (SIREN 502590086)
Indicator 2023 2022 2021 2020 2019
Revenue 131 833 € 261 279 € 115 604 € 1 111 017 € 499 333 €
Net income -139 187 € 155 536 € 178 532 € 48 886 € 2 788 €
EBITDA -100 539 € 78 126 € -70 484 € 337 798 € 76 058 €
Net margin -105.6% 59.5% 154.4% 4.4% 0.6%

Revenue and income statement

In 2023, METRE CARRE DEVELOPPEMENT achieves revenue of 132 k€. Revenue is declining over the period 2019-2023 (CAGR: -28.3%). Significant drop of -50% vs 2022. After deducting consumption (50 k€), gross margin stands at 82 k€, i.e. a rate of 62%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -101 k€, representing -76.3% of revenue. Warning negative scissor effect: despite revenue change (-50%), EBITDA varies by -229%, reducing margin by 106.2 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -139 k€ (-105.6% of revenue), which will impact equity.

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

131 833 €

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

82 328 €

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

-100 539 €

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

-105 040 €

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

-139 187 €

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

-76.3%

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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 37%. The balance between equity and debt is satisfactory.

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

16.946%

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

37.387%

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

-102.165%

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

-0.39

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

65.8%

Solvency indicators evolution
METRE CARRE DEVELOPPEMENT

Sector positioning

Debt ratio
16.95 2023
2021
2022
2023
Q1: 0.0
Med: 11.85
Q3: 222.35
Average +11 pts over 3 years

In 2023, the debt ratio of METRE CARRE DEVELOPPEMENT (16.95) 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
37.39% 2023
2021
2022
2023
Q1: 0.0%
Med: 17.0%
Q3: 60.15%
Good

In 2023, the financial autonomy of METRE CARRE DEVELOPPEMENT (37.4%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
-0.39 years 2023
2021
2022
2023
Q1: -7.1 years
Med: 0.0 years
Q3: 2.61 years
Good

In 2023, the repayment capacity of METRE CARRE DEVELOPPEMENT (-0.39) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 172.47. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

172.475

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

-1.622

Liquidity indicators evolution
METRE CARRE DEVELOPPEMENT

Sector positioning

Liquidity ratio
172.47 2023
2021
2022
2023
Q1: 160.06
Med: 580.5
Q3: 3257.22
Average -9 pts over 3 years

In 2023, the liquidity ratio of METRE CARRE DEVELOPPEMENT (172.47) 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
-1.62x 2023
2021
2022
2023
Q1: -5.83x
Med: 0.0x
Q3: 5.4x
Average +12 pts over 3 years

In 2023, the interest coverage of METRE CARRE DEVELOPPEMENT (-1.6x) 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: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 86 days. Excellent situation: suppliers finance 86 days of the operating cycle (retail model). Inventory turnover is 203 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 980 days of revenue, i.e. 359 k€ to permanently finance. Notable WCR improvement over the period (-54%), 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

358 834 €

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

0 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

86 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

203 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

980 j

WCR and payment terms evolution
METRE CARRE DEVELOPPEMENT

Positioning of METRE CARRE DEVELOPPEMENT in its sector

Comparison with sector Activités des marchands de biens immobiliers

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (21 transactions). This range of 105 344€ to 161 290€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2023
Indicative
105k€ 144k€ 161k€
144 348 € Range: 105 344€ - 161 290€
NAF 5 année 2023

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 21 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 (Activités des marchands de biens immobiliers)

Compare METRE CARRE DEVELOPPEMENT with other companies in the same sector:

Voir toutes les statistiques du secteur Activités des marchands de biens immobiliers

Frequently asked questions about METRE CARRE DEVELOPPEMENT

What is the revenue of METRE CARRE DEVELOPPEMENT ?

The revenue of METRE CARRE DEVELOPPEMENT in 2023 is 132 k€.

Is METRE CARRE DEVELOPPEMENT profitable?

METRE CARRE DEVELOPPEMENT recorded a net loss in 2023.

Where is the headquarters of METRE CARRE DEVELOPPEMENT ?

The headquarters of METRE CARRE DEVELOPPEMENT is located in PERPIGNAN (66100), in the department Pyrenees-Orientales.

Where to find the tax return of METRE CARRE DEVELOPPEMENT ?

The tax return of METRE CARRE DEVELOPPEMENT 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 METRE CARRE DEVELOPPEMENT operate?

METRE CARRE DEVELOPPEMENT operates in the sector Activités des marchands de biens immobiliers (NAF code 68.10Z). See the 'Sector positioning' section above to compare the company with its competitors.