SIREN : 804221547
MSH DEVELOPPEMENT is a French company founded 11 years ago, specialized in the sector Activités des sièges sociaux. Based in PLOUEZEC (22470), this company of category ETI shows in 2024 a revenue of 1.4 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-04-18
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1 364 263 € | 1 335 746 € | 1 061 328 € | 744 000 € | 708 000 € | 684 000 € | 660 000 € | 660 000 € |
| Net income | 5 106 815 € | 5 161 587 € | 4 713 443 € | 1 697 457 € | 1 239 405 € | 1 228 489 € | 1 209 566 € | 1 194 227 € |
| EBITDA | 272 647 € | 269 732 € | 232 118 € | 173 026 € | 157 747 € | 153 563 € | 157 694 € | 154 891 € |
| Net margin | 374.3% | 386.4% | 444.1% | 228.2% | 175.1% | 179.6% | 183.3% | 180.9% |
In 2024, MSH DEVELOPPEMENT achieves revenue of 1.4 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +9.5%. Vs 2023: +2%. After deducting consumption (0 €), gross margin stands at 1.4 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 273 k€, representing 20.0% of revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 5.1 M€, i.e. 374.3% of revenue. This profit can be retained or distributed to shareholders.
1 364 263 €
1 364 263 €
272 647 €
272 770 €
5 106 815 €
20.0%
The debt ratio (= Financial debt / Equity x 100) stands at 30%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 77%. 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 1.4 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 375.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
30.159%
76.683%
375.807%
1.387
In 2024, the debt ratio of MSH DEVELOPPEMENT (30.16) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2024, the financial autonomy of MSH DEVELOPPEMENT (76.7%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.
In 2024, the repayment capacity of MSH DEVELOPPEMENT (1.39) 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 15661.62. 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 49.6x. Operating income very largely covers interest expenses: high safety margin.
15661.621
49.634
In 2024, the liquidity ratio of MSH DEVELOPPEMENT (15661.62) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.
In 2024, the interest coverage of MSH DEVELOPPEMENT (49.6x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 1 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 7 days. Favorable situation: supplier credit is longer than customer credit by 6 days. Overall, WCR represents 2191 days of revenue, i.e. 8.3 M€ to permanently finance. Over 2016-2024, WCR increased by +467%, requiring additional financing.
8 303 628 €
1 j
7 j
0 j
2191 j
Based on 103 transactions of similar company sales in 2024, the value of MSH DEVELOPPEMENT is estimated at 10 551 474 € (range 3 526 147€ - 27 595 587€). With an EBITDA of 272 647€, the sector multiple of 5.0x is applied. The price/revenue ratio is 0.38x (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.
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This estimate is based on the analysis of 103 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 MSH DEVELOPPEMENT with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des sièges sociaux
The revenue of MSH DEVELOPPEMENT in 2024 is 1.4 M€.
Yes, MSH DEVELOPPEMENT generated a net profit of 5.1 M€ in 2024.
The headquarters of MSH DEVELOPPEMENT is located in PLOUEZEC (22470), in the department Cotes-d'Armor.
The tax return of MSH 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).
MSH DEVELOPPEMENT operates in the sector Activités des sièges sociaux (NAF code 70.10Z). See the 'Sector positioning' section above to compare the company with its competitors.