MIDI CHARCUTERIE MICHAR - GIL TRAITEUR DU SUD : revenue, balance sheet and financial ratios

MIDI CHARCUTERIE MICHAR - GIL TRAITEUR DU SUD is a French company founded 44 years ago, specialized in the sector Fabrication de plats préparés. Based in LES MEES (04190), this company of category PME shows in 2023 a revenue of 7.5 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 - MIDI CHARCUTERIE MICHAR - GIL TRAITEUR DU SUD (SIREN 322497256)
Indicator 2024 2023 2022 2016
Revenue N/C 7 502 960 € N/C 9 762 139 €
Net income 160 710 € -395 099 € 1 007 € 214 840 €
EBITDA N/C -192 273 € N/C 653 361 €
Net margin N/C -5.3% N/C 2.2%

Revenue and income statement

In 2024, MIDI CHARCUTERIE MICHAR - GIL TRAITEUR DU SUD generates positive net income of 161 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2024: 215 k€ -> 161 k€.

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

160 710 €

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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 111%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 31%. The balance between equity and debt is satisfactory.

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

111.111%

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

31.069%

Asset age ratio (2024) ?
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

24.0%

Solvency indicators evolution
MIDI CHARCUTERIE MICHAR - GIL TRAITEUR DU SUD

Sector positioning

Debt ratio
111.11 2024
2022
2023
2024
Q1: 0.14
Med: 23.99
Q3: 83.47
Watch

In 2024, the debt ratio of MIDI CHARCUTERIE MICHAR -... (111.11) 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.

Financial autonomy
31.07% 2024
2022
2023
2024
Q1: 5.57%
Med: 32.53%
Q3: 54.96%
Average -7 pts over 3 years

In 2024, the financial autonomy of MIDI CHARCUTERIE MICHAR -... (31.1%) 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
-9.85 years 2023
2023
Q1: 0.0 years
Med: 0.22 years
Q3: 3.34 years
Excellent

In 2023, the repayment capacity of MIDI CHARCUTERIE MICHAR -... (-9.85) 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 160.86. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

160.861

Liquidity indicators evolution
MIDI CHARCUTERIE MICHAR - GIL TRAITEUR DU SUD

Sector positioning

Liquidity ratio
160.86 2024
2022
2023
2024
Q1: 113.33
Med: 167.62
Q3: 292.46
Average -12 pts over 3 years

In 2024, the liquidity ratio of MIDI CHARCUTERIE MICHAR -... (160.86) 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
-13.05x 2023
2023
Q1: -0.86x
Med: 0.93x
Q3: 6.82x
Watch

In 2023, the interest coverage of MIDI CHARCUTERIE MICHAR -... (-13.1x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.

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

0 €

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

0 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 and payment terms evolution
MIDI CHARCUTERIE MICHAR - GIL TRAITEUR DU SUD

Positioning of MIDI CHARCUTERIE MICHAR - GIL TRAITEUR DU SUD in its sector

Comparison with sector Fabrication de plats préparés

Valuation estimate

Based on 92 transactions of similar company sales (all years), the value of MIDI CHARCUTERIE MICHAR - GIL TRAITEUR DU SUD is estimated at 447 312 € (range 67 299€ - 1 273 516€). 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.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2024
92 tx
67k€ 447k€ 1273k€
447 312 € Range: 67 299€ - 1 273 516€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation method used

Net Income Multiple
160 710 € × 2.8x = 447 313 €
Range: 67 300€ - 1 273 517€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 92 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 de plats préparés)

Compare MIDI CHARCUTERIE MICHAR - GIL TRAITEUR DU SUD with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication de plats préparés

Frequently asked questions about MIDI CHARCUTERIE MICHAR - GIL TRAITEUR DU SUD

What is the revenue of MIDI CHARCUTERIE MICHAR - GIL TRAITEUR DU SUD ?

The revenue of MIDI CHARCUTERIE MICHAR - GIL TRAITEUR DU SUD in 2023 is 7.5 M€.

Is MIDI CHARCUTERIE MICHAR - GIL TRAITEUR DU SUD profitable?

Yes, MIDI CHARCUTERIE MICHAR - GIL TRAITEUR DU SUD generated a net profit of 161 k€ in 2024.

Where is the headquarters of MIDI CHARCUTERIE MICHAR - GIL TRAITEUR DU SUD ?

The headquarters of MIDI CHARCUTERIE MICHAR - GIL TRAITEUR DU SUD is located in LES MEES (04190), in the department Alpes-de-Haute-Provence.

Where to find the tax return of MIDI CHARCUTERIE MICHAR - GIL TRAITEUR DU SUD ?

The tax return of MIDI CHARCUTERIE MICHAR - GIL TRAITEUR DU SUD 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 MIDI CHARCUTERIE MICHAR - GIL TRAITEUR DU SUD operate?

MIDI CHARCUTERIE MICHAR - GIL TRAITEUR DU SUD operates in the sector Fabrication de plats préparés (NAF code 10.85Z). See the 'Sector positioning' section above to compare the company with its competitors.