PASSION SERVICE : revenue, balance sheet and financial ratios

PASSION SERVICE is a French company founded 45 years ago, specialized in the sector Commerce et réparation de motocycles. Based in MUNSTER (68140), this company of category PME shows in 2022 a revenue of 1.9 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 - PASSION SERVICE (SIREN 320733710)
Indicator 2024 2023 2022 2021 2020 2019 2018 2015
Revenue N/C N/C 1 878 404 € 1 804 308 € 1 784 061 € 1 391 358 € 1 485 776 € 1 201 587 €
Net income 160 340 € 179 712 € 116 821 € 42 892 € 68 636 € -16 499 € 95 095 € -8 677 €
EBITDA N/C N/C 151 962 € 48 379 € 67 246 € -10 412 € 96 723 € -3 180 €
Net margin N/C N/C 6.2% 2.4% 3.8% -1.2% 6.4% -0.7%

Revenue and income statement

In 2024, PASSION SERVICE generates positive net income of 160 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax.

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

160 340 €

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 11%. 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 63%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

10.525%

Financial autonomy (2024) ?
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

63.477%

Asset age ratio (2024) ?
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

56.2%

Solvency indicators evolution
PASSION SERVICE

Sector positioning

Debt ratio
10.53 2024
2022
2023
2024
Q1: 7.73
Med: 34.51
Q3: 99.55
Good -12 pts over 3 years

In 2024, the debt ratio of PASSION SERVICE (10.53) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
63.48% 2024
2022
2023
2024
Q1: 18.65%
Med: 38.73%
Q3: 59.85%
Excellent +13 pts over 3 years

In 2024, the financial autonomy of PASSION SERVICE (63.5%) 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.

Repayment capacity
0.94 years 2022
2022
Q1: 0.0 years
Med: 1.47 years
Q3: 4.32 years
Good

In 2022, the repayment capacity of PASSION SERVICE (0.94) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 283.53. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2024) ?
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

283.531

Liquidity indicators evolution
PASSION SERVICE

Sector positioning

Liquidity ratio
283.53 2024
2022
2023
2024
Q1: 160.09
Med: 227.3
Q3: 352.06
Good +14 pts over 3 years

In 2024, the liquidity ratio of PASSION SERVICE (283.53) 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
2.13x 2022
2022
Q1: 0.0x
Med: 1.87x
Q3: 7.17x
Good

In 2022, the interest coverage of PASSION SERVICE (2.1x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.

Operating WCR (2024) ?
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 (2024) ?
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 (2024) ?
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 (2024) ?
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
PASSION SERVICE

Positioning of PASSION SERVICE in its sector

Comparison with sector Commerce et réparation de motocycles

Valuation estimate

Based on 137 transactions of similar company sales (all years), the value of PASSION SERVICE is estimated at 412 689 € (range 246 301€ - 1 079 004€). 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 2024
137 transactions
246k€ 412k€ 1079k€
412 689 € Range: 246 301€ - 1 079 004€
NAF 5 all-time

Valuation method used

Net Income Multiple
160 340 € × 2.6x = 412 690 €
Range: 246 301€ - 1 079 004€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 137 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 (Commerce et réparation de motocycles)

Compare PASSION SERVICE with other companies in the same sector:

Frequently asked questions about PASSION SERVICE

What is the revenue of PASSION SERVICE ?

The revenue of PASSION SERVICE in 2022 is 1.9 M€.

Is PASSION SERVICE profitable?

Yes, PASSION SERVICE generated a net profit of 160 k€ in 2024.

Where is the headquarters of PASSION SERVICE ?

The headquarters of PASSION SERVICE is located in MUNSTER (68140), in the department Haut-Rhin.

Where to find the tax return of PASSION SERVICE ?

The tax return of PASSION SERVICE 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 PASSION SERVICE operate?

PASSION SERVICE operates in the sector Commerce et réparation de motocycles (NAF code 45.40Z). See the 'Sector positioning' section above to compare the company with its competitors.