Les données financières de cette entreprise sont partiellement disponibles (liasse simplifiée ou données confidentielles). Certaines sections ne sont pas affichées.

MOREL DEVELOPPEMENT : revenue, balance sheet and financial ratios

MOREL DEVELOPPEMENT is a French company founded 22 years ago, specialized in the sector Installation de structures métalliques, chaudronnées et de tuyauterie. Based in FLEURY (50800), this company of category PME shows in 2025 a net income positive of 174 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 - MOREL DEVELOPPEMENT (SIREN 450603980)
Indicator 2025 2024 2023 2022 2021 2020 2019 2018 2017
Revenue N/C N/C N/C N/C N/C N/C N/C N/C N/C
Net income 173 674 € 70 522 € 35 777 € 113 623 € 108 093 € 68 158 € 66 591 € -46 076 € 9 488 €
EBITDA N/C N/C N/C N/C N/C N/C N/C N/C N/C
Net margin N/C N/C N/C N/C N/C N/C N/C N/C N/C

Revenue and income statement

In 2025, MOREL DEVELOPPEMENT generates positive net income of 174 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2017-2025: 9 k€ -> 174 k€.

Net income (2025) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

173 674 €

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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 54%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 30%. The balance between equity and debt is satisfactory.

Debt ratio (2025) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

53.943%

Financial autonomy (2025) ?
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

30.256%

Asset age ratio (2025) ?
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

46.3%

Solvency indicators evolution
MOREL DEVELOPPEMENT

Sector positioning

Debt ratio
53.94 2025
2023
2024
2025
Q1: 3.28
Med: 17.77
Q3: 49.13
Average

In 2025, the debt ratio of MOREL DEVELOPPEMENT (53.94) 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
30.26% 2025
2023
2024
2025
Q1: 24.05%
Med: 43.49%
Q3: 61.11%
Average

In 2025, the financial autonomy of MOREL DEVELOPPEMENT (30.3%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 192.55. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2025) ?
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

192.55

Liquidity indicators evolution
MOREL DEVELOPPEMENT

Sector positioning

Liquidity ratio
192.55 2025
2023
2024
2025
Q1: 157.77
Med: 222.63
Q3: 323.55
Average -19 pts over 3 years

In 2025, the liquidity ratio of MOREL DEVELOPPEMENT (192.55) 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.

Positioning of MOREL DEVELOPPEMENT in its sector

Comparison with sector Installation de structures métalliques, chaudronnées et de tuyauterie

Valuation estimate

Based on 98 transactions of similar company sales (all years), the value of MOREL DEVELOPPEMENT is estimated at 481 244 € (range 166 605€ - 921 459€). 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 2025
98 tx
166k€ 481k€ 921k€
481 244 € Range: 166 605€ - 921 459€
NAF 5 all-time

Valuation method used

Net Income Multiple
173 674 € × 2.8x = 481 245 €
Range: 166 606€ - 921 460€

Only this financial indicator is available for this company.

How is this estimate calculated?

This estimate is based on the analysis of 98 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 (Installation de structures métalliques, chaudronnées et de tuyauterie)

Compare MOREL DEVELOPPEMENT with other companies in the same sector:

Voir toutes les statistiques du secteur Installation de structures métalliques, chaudronnées et de tuyauterie

Frequently asked questions about MOREL DEVELOPPEMENT

What is the revenue of MOREL DEVELOPPEMENT ?

The revenue of MOREL DEVELOPPEMENT is not publicly disclosed (confidential accounts filed with INPI).

Is MOREL DEVELOPPEMENT profitable?

Yes, MOREL DEVELOPPEMENT generated a net profit of 174 k€ in 2025.

Where is the headquarters of MOREL DEVELOPPEMENT ?

The headquarters of MOREL DEVELOPPEMENT is located in FLEURY (50800), in the department Manche.

Where to find the tax return of MOREL DEVELOPPEMENT ?

The tax return of MOREL 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 MOREL DEVELOPPEMENT operate?

MOREL DEVELOPPEMENT operates in the sector Installation de structures métalliques, chaudronnées et de tuyauterie (NAF code 33.20A). See the 'Sector positioning' section above to compare the company with its competitors.