NEOCOD FRANCE : revenue, balance sheet and financial ratios

NEOCOD FRANCE is a French company founded 13 years ago, specialized in the sector Intermédiaires du commerce en bois et matériaux de construction. Based in POLLESTRES (66450), this company of category PME shows in 2023 a revenue of 183 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 - NEOCOD FRANCE (SIREN 752783290)
Indicator 2023 2022 2020 2019 2018 2017 2016
Revenue 182 528 € 406 551 € 299 721 € 288 104 € 198 258 € 171 128 € 128 277 €
Net income 5 787 € 3 463 € 863 € 10 673 € 30 749 € 8 840 € 6 878 €
EBITDA -112 546 € 26 264 € 24 084 € 20 028 € 43 288 € 10 978 € 1 831 €
Net margin 3.2% 0.9% 0.3% 3.7% 15.5% 5.2% 5.4%

Revenue and income statement

In 2023, NEOCOD FRANCE achieves revenue of 183 k€. Over the period 2016-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +5.2%. Significant drop of -55% vs 2022. After deducting consumption (414 €), gross margin stands at 182 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -113 k€, representing -61.7% of revenue. Warning negative scissor effect: despite revenue change (-55%), EBITDA varies by -529%, reducing margin by 68.1 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 6 k€, i.e. 3.2% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

182 528 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

182 114 €

EBITDA (2023) ?
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

-112 546 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-129 249 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

5 787 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-61.7%

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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 62%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 33%. The balance between equity and debt is satisfactory.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

62.134%

Financial autonomy (2023) ?
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

33.186%

Cash flow / Revenue (2023) ?
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

-62.921%

Repayment capacity (2023) ?
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

-0.839

Asset age ratio (2023) ?
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

68.5%

Solvency indicators evolution
NEOCOD FRANCE

Sector positioning

Debt ratio
62.13 2023
2020
2022
2023
Q1: 0.06
Med: 10.96
Q3: 53.05
Average +8 pts over 3 years

In 2023, the debt ratio of NEOCOD FRANCE (62.13) 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
33.19% 2023
2020
2022
2023
Q1: 12.77%
Med: 39.69%
Q3: 60.03%
Average -16 pts over 3 years

In 2023, the financial autonomy of NEOCOD FRANCE (33.2%) 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
-0.84 years 2023
2020
2022
2023
Q1: 0.0 years
Med: 0.03 years
Q3: 0.88 years
Excellent -50 pts over 3 years

In 2023, the repayment capacity of NEOCOD FRANCE (-0.84) 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 199.63. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2023) ?
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

199.635

Interest coverage (2023) ?
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

-0.332

Liquidity indicators evolution
NEOCOD FRANCE

Sector positioning

Liquidity ratio
199.63 2023
2020
2022
2023
Q1: 149.02
Med: 230.32
Q3: 384.46
Average +10 pts over 3 years

In 2023, the liquidity ratio of NEOCOD FRANCE (199.63) 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.

Interest coverage
-0.33x 2023
2020
2022
2023
Q1: 0.0x
Med: 0.01x
Q3: 2.05x
Watch

In 2023, the interest coverage of NEOCOD FRANCE (-0.3x) 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: 646 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 326 days. The gap of 320 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 715 days of revenue, i.e. 362 k€ to permanently finance. Over 2016-2023, WCR increased by +1145%, requiring additional financing.

Operating WCR (2023) ?
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

362 459 €

Customer credit (2023) ?
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

646 j

Supplier credit (2023) ?
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

326 j

Inventory turnover (2023) ?
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 in days of revenue (2023) ?
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

715 j

WCR and payment terms evolution
NEOCOD FRANCE

Positioning of NEOCOD FRANCE in its sector

Comparison with sector Intermédiaires du commerce en bois et matériaux de construction

Valuation estimate

Based on 229 transactions of similar company sales (all years), the value of NEOCOD FRANCE is estimated at 39 422 € (range 18 271€ - 102 750€). The price/revenue ratio is 0.32x (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.

Estimated enterprise value 2023
229 transactions
18k€ 39k€ 102k€
39 422 € Range: 18 271€ - 102 750€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation detail by method

Ajustez les pondérations selon votre analyse

Revenue Multiple 30%
182 528 € × 0.32x
Estimation 59 191 €
27 754€ - 144 817€
Net Income Multiple 20%
5 787 € × 1.7x
Estimation 9 768 €
4 046€ - 39 651€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 229 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 (Intermédiaires du commerce en bois et matériaux de construction)

Compare NEOCOD FRANCE with other companies in the same sector:

Voir toutes les statistiques du secteur Intermédiaires du commerce en bois et matériaux de construction

Frequently asked questions about NEOCOD FRANCE

What is the revenue of NEOCOD FRANCE ?

The revenue of NEOCOD FRANCE in 2023 is 183 k€.

Is NEOCOD FRANCE profitable?

Yes, NEOCOD FRANCE generated a net profit of 6 k€ in 2023.

Where is the headquarters of NEOCOD FRANCE ?

The headquarters of NEOCOD FRANCE is located in POLLESTRES (66450), in the department Pyrenees-Orientales.

Where to find the tax return of NEOCOD FRANCE ?

The tax return of NEOCOD FRANCE 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 NEOCOD FRANCE operate?

NEOCOD FRANCE operates in the sector Intermédiaires du commerce en bois et matériaux de construction (NAF code 46.13Z). See the 'Sector positioning' section above to compare the company with its competitors.