SIREN : 494392632
MSB SUD ALSACE is a French company founded 19 years ago, specialized in the sector Promotion immobilière de logements. Based in MULHOUSE (68200), this company of category ETI shows in 2024 a revenue of 4.7 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4 691 154 € | 11 751 840 € | 13 653 095 € | 12 941 887 € | 12 442 093 € | 16 072 213 € | 16 333 990 € | 15 255 133 € | 14 987 977 € | 14 577 053 € |
| Net income | 204 453 € | 476 163 € | 395 196 € | 166 616 € | 30 574 € | 267 018 € | 251 498 € | 506 510 € | 842 187 € | 725 862 € |
| EBITDA | 291 737 € | 870 801 € | 638 970 € | 325 570 € | 125 683 € | 557 026 € | 462 526 € | 782 439 € | 1 248 209 € | 1 094 589 € |
| Net margin | 4.4% | 4.1% | 2.9% | 1.3% | 0.2% | 1.7% | 1.5% | 3.3% | 5.6% | 5.0% |
In 2024, MSB SUD ALSACE achieves revenue of 4.7 M€. Revenue is declining over the period 2015-2024 (CAGR: -11.8%). Significant drop of -60% vs 2023. After deducting consumption (3.2 M€), gross margin stands at 1.5 M€, i.e. a rate of 33%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 292 k€, representing 6.2% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 204 k€, i.e. 4.4% of revenue. This profit can be retained or distributed to shareholders.
4 691 154 €
1 529 401 €
291 737 €
265 538 €
204 453 €
6.2%
The debt ratio (= Financial debt / Equity x 100) stands at 0%. 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 56%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 3.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
0.052%
55.585%
3.856%
0.006
58.9%
In 2024, the debt ratio of MSB SUD ALSACE (0.05) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2024, the financial autonomy of MSB SUD ALSACE (55.6%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.
In 2024, the repayment capacity of MSB SUD ALSACE (0.01) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 226.23. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 0.1x. Danger: operating income does not cover interest charges, unsustainable situation.
226.23
0.068
In 2024, the liquidity ratio of MSB SUD ALSACE (226.23) 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.
In 2024, the interest coverage of MSB SUD ALSACE (0.1x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 32 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 67 days. Excellent situation: suppliers finance 35 days of the operating cycle (retail model). Inventory turnover is 51 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 103 days of revenue, i.e. 1.3 M€ to permanently finance.
1 343 640 €
32 j
67 j
51 j
103 j
Based on 80 transactions of similar company sales
(all years),
the value of MSB SUD ALSACE is estimated at
636 112 €
(range 231 848€ - 1 677 699€).
With an EBITDA of 291 737€, the sector multiple of 1.0x is applied.
The price/revenue ratio is 0.28x
(conservative valuation).
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.
Ajustez les pondérations selon votre analyse
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.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare MSB SUD ALSACE with other companies in the same sector:
Voir toutes les statistiques du secteur Promotion immobilière de logements
The revenue of MSB SUD ALSACE in 2024 is 4.7 M€.
Yes, MSB SUD ALSACE generated a net profit of 204 k€ in 2024.
The headquarters of MSB SUD ALSACE is located in MULHOUSE (68200), in the department Haut-Rhin.
The tax return of MSB SUD ALSACE 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).
MSB SUD ALSACE 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.