MIROITERIE DES ANCIENS ETS MALZAC : revenue, balance sheet and financial ratios

MIROITERIE DES ANCIENS ETS MALZAC is a French company founded 24 years ago, specialized in the sector Commerce de gros (commerce interentreprises) de bois et de matériaux de construction . Based in ALBI (81000), this company of category PME shows in 2018 a revenue of 1.2 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

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

Financial history - MIROITERIE DES ANCIENS ETS MALZAC (SIREN 439555384)
Indicator 2018 2017 2016
Revenue 1 218 352 € 924 347 € 1 336 956 €
Net income -130 510 € -122 500 € -81 199 €
EBITDA -39 991 € -77 208 € -131 800 €
Net margin -10.7% -13.3% -6.1%

Revenue and income statement

In 2018, MIROITERIE DES ANCIENS ETS MALZAC achieves revenue of 1.2 M€. Activity remains stable over the period (CAGR: -4.5%). Vs 2017, growth of +32% (924 k€ -> 1.2 M€). After deducting consumption (648 k€), gross margin stands at 570 k€, i.e. a rate of 47%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -40 k€, representing -3.3% of revenue. Positive scissor effect: EBITDA margin improves by +5.1 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -131 k€ (-10.7% of revenue), which will impact equity.

Revenue (2018) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

1 218 352 €

Gross margin (2018) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

570 294 €

EBITDA (2018) ?
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

-39 991 €

EBIT (2018) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-57 963 €

Net income (2018) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-130 510 €

EBITDA margin (2018) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-3.3%

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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 -25%. 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 -186%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2018) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

-25.393%

Financial autonomy (2018) ?
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

-185.793%

Cash flow / Revenue (2018) ?
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

-4.471%

Repayment capacity (2018) ?
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

-4.241

Asset age ratio (2018) ?
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

23.2%

Solvency indicators evolution
MIROITERIE DES ANCIENS ETS MALZAC

Sector positioning

Debt ratio
-25.39 2018
2016
2017
2018
Q1: 0.72
Med: 17.31
Q3: 60.33
Excellent

In 2018, the debt ratio of MIROITERIE DES ANCIENS ET... (-25.39) 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
-185.79% 2018
2016
2017
2018
Q1: 19.04%
Med: 39.4%
Q3: 59.58%
Average

In 2018, the financial autonomy of MIROITERIE DES ANCIENS ET... (-185.8%) 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
-4.24 years 2018
2016
2017
2018
Q1: 0.0 years
Med: 0.25 years
Q3: 2.3 years
Excellent

In 2018, the repayment capacity of MIROITERIE DES ANCIENS ET... (-4.24) 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 34.76. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2018) ?
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

34.764

Interest coverage (2018) ?
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

-42.78

Liquidity indicators evolution
MIROITERIE DES ANCIENS ETS MALZAC

Sector positioning

Liquidity ratio
34.76 2018
2016
2017
2018
Q1: 135.43
Med: 193.86
Q3: 297.74
Watch -17 pts over 3 years

In 2018, the liquidity ratio of MIROITERIE DES ANCIENS ET... (34.76) 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
-42.78x 2018
2016
2017
2018
Q1: 0.0x
Med: 1.09x
Q3: 6.36x
Watch

In 2018, the interest coverage of MIROITERIE DES ANCIENS ET... (-42.8x) 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. Average customer payment term: 40 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 109 days. Excellent situation: suppliers finance 69 days of the operating cycle (retail model). Inventory turnover is 78 days (= Average inventory / Cost of goods x 360). WCR is negative (-191 days): operations structurally generate cash. Notable WCR improvement over the period (-56%), freeing up cash.

Operating WCR (2018) ?
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

-646 579 €

Customer credit (2018) ?
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

40 j

Supplier credit (2018) ?
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

109 j

Inventory turnover (2018) ?
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

78 j

WCR in days of revenue (2018) ?
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

-191 j

WCR and payment terms evolution
MIROITERIE DES ANCIENS ETS MALZAC

Positioning of MIROITERIE DES ANCIENS ETS MALZAC in its sector

Comparison with sector Commerce de gros (commerce interentreprises) de bois et de matériaux de construction

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (48 transactions). This range of 139 510€ to 266 256€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2018
Indicative
139k€ 177k€ 266k€
177 395 € Range: 139 510€ - 266 256€
NAF 5 année 2018

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 48 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 (Commerce de gros (commerce interentreprises) de bois et de matériaux de construction )

Compare MIROITERIE DES ANCIENS ETS MALZAC with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de gros (commerce interentreprises) de bois et de matériaux de construction

Frequently asked questions about MIROITERIE DES ANCIENS ETS MALZAC

What is the revenue of MIROITERIE DES ANCIENS ETS MALZAC ?

The revenue of MIROITERIE DES ANCIENS ETS MALZAC in 2018 is 1.2 M€.

Is MIROITERIE DES ANCIENS ETS MALZAC profitable?

MIROITERIE DES ANCIENS ETS MALZAC recorded a net loss in 2018.

Where is the headquarters of MIROITERIE DES ANCIENS ETS MALZAC ?

The headquarters of MIROITERIE DES ANCIENS ETS MALZAC is located in ALBI (81000), in the department Tarn.

Where to find the tax return of MIROITERIE DES ANCIENS ETS MALZAC ?

The tax return of MIROITERIE DES ANCIENS ETS MALZAC 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 MIROITERIE DES ANCIENS ETS MALZAC operate?

MIROITERIE DES ANCIENS ETS MALZAC operates in the sector Commerce de gros (commerce interentreprises) de bois et de matériaux de construction (NAF code 46.73A). See the 'Sector positioning' section above to compare the company with its competitors.