MORCET IMMOBILIER : revenue, balance sheet and financial ratios

MORCET IMMOBILIER is a French company founded 28 years ago, specialized in the sector Promotion immobilière de logements. Based in LE VESINET (78110), this company of category PME shows in 2019 a revenue of 11.1 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-02

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

Financial history - MORCET IMMOBILIER (SIREN 413961186)
Indicator 2021 2019 2017 2016
Revenue N/C 11 087 236 € 9 648 760 € 12 672 145 €
Net income 239 490 € 151 446 € 84 111 € 24 990 €
EBITDA N/C 181 243 € 129 552 € 387 611 €
Net margin N/C 1.4% 0.9% 0.2%

Revenue and income statement

In 2021, MORCET IMMOBILIER generates positive net income of 239 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2021: 25 k€ -> 239 k€.

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

239 490 €

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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 941%. 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).

Debt ratio (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

940.718%

Financial autonomy (2021) ?
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

8.079%

Asset age ratio (2021) ?
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

17.9%

Solvency indicators evolution
MORCET IMMOBILIER

Sector positioning

Debt ratio
940.72 2021
2017
2019
2021
Q1: 0.0
Med: 9.83
Q3: 163.63
Average

In 2021, the debt ratio of MORCET IMMOBILIER (940.72) 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
8.08% 2021
2017
2019
2021
Q1: 0.09%
Med: 18.38%
Q3: 59.11%
Average

In 2021, the financial autonomy of MORCET IMMOBILIER (8.1%) 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
121.05 years 2019
2017
2019
Q1: -2.05 years
Med: 0.0 years
Q3: 1.79 years
Average

In 2019, the repayment capacity of MORCET IMMOBILIER (121.05) 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 633.66. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2021) ?
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

633.66

Liquidity indicators evolution
MORCET IMMOBILIER

Sector positioning

Liquidity ratio
633.66 2021
2017
2019
2021
Q1: 141.43
Med: 327.34
Q3: 984.63
Good +14 pts over 3 years

In 2021, the liquidity ratio of MORCET IMMOBILIER (633.66) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
114.35x 2019
2017
2019
Q1: -3.45x
Med: 0.0x
Q3: 1.56x
Excellent

In 2019, the interest coverage of MORCET IMMOBILIER (114.3x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

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 (2021) ?
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 (2021) ?
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 (2021) ?
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 (2021) ?
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
MORCET IMMOBILIER

Positioning of MORCET IMMOBILIER in its sector

Comparison with sector Promotion immobilière de logements

Valuation estimate

Based on 80 transactions of similar company sales (all years), the value of MORCET IMMOBILIER is estimated at 562 443 € (range 174 717€ - 1 547 504€). 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 2021
80 tx
174k€ 562k€ 1547k€
562 443 € Range: 174 717€ - 1 547 504€
NAF 5 all-time

Valuation method used

Net Income Multiple
239 490 € × 2.3x = 562 443 €
Range: 174 717€ - 1 547 504€

Only this financial indicator is available for this company.

How is this estimate calculated?

This estimate is based on the analysis of 80 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 (Promotion immobilière de logements)

Compare MORCET IMMOBILIER with other companies in the same sector:

Voir toutes les statistiques du secteur Promotion immobilière de logements

Frequently asked questions about MORCET IMMOBILIER

What is the revenue of MORCET IMMOBILIER ?

The revenue of MORCET IMMOBILIER in 2019 is 11.1 M€.

Is MORCET IMMOBILIER profitable?

Yes, MORCET IMMOBILIER generated a net profit of 239 k€ in 2021.

Where is the headquarters of MORCET IMMOBILIER ?

The headquarters of MORCET IMMOBILIER is located in LE VESINET (78110), in the department Yvelines.

Where to find the tax return of MORCET IMMOBILIER ?

The tax return of MORCET IMMOBILIER 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 MORCET IMMOBILIER operate?

MORCET IMMOBILIER operates in the sector Promotion immobilière de logements (NAF code 41.10A). See the 'Sector positioning' section above to compare the company with its competitors.