SIREN : 477593768
PRIMERA DEVELOPPEMENT is a French company founded 22 years ago, specialized in the sector Promotion immobilière de logements. Based in LILLE (59800), this company of category PME shows in 2024 a revenue of 605 k€. 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 605 167 € | 1 584 995 € | 223 328 € | 451 152 € | 2 159 552 € | 644 946 € | 778 527 € | 958 613 € | 828 926 € |
| Net income | 36 280 € | 257 680 € | 17 926 € | 280 411 € | 636 605 € | 464 519 € | 11 537 € | 118 093 € | 45 579 € |
| EBITDA | 27 473 € | 157 305 € | -209 718 € | -121 984 € | 443 138 € | 85 234 € | 138 397 € | -182 105 € | 419 835 € |
| Net margin | 6.0% | 16.3% | 8.0% | 62.2% | 29.5% | 72.0% | 1.5% | 12.3% | 5.5% |
In 2024, PRIMERA DEVELOPPEMENT achieves revenue of 605 k€. Activity remains stable over the period (CAGR: -3.9%). Significant drop of -62% vs 2023. After deducting consumption (0 €), gross margin stands at 605 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 27 k€, representing 4.5% of revenue. Warning negative scissor effect: despite revenue change (-62%), EBITDA varies by -83%, reducing margin by 5.4 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 36 k€, i.e. 6.0% of revenue. This profit can be retained or distributed to shareholders.
605 167 €
605 167 €
27 473 €
92 745 €
36 280 €
4.5%
The debt ratio (= Financial debt / Equity x 100) stands at 3%. 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 69%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
2.761%
68.861%
-3.265%
-2.948
14.4%
In 2024, the debt ratio of PRIMERA DEVELOPPEMENT (2.76) 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 PRIMERA DEVELOPPEMENT (68.9%) 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 PRIMERA DEVELOPPEMENT (-2.95) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 218.28. 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 2.6x. Financial charges are adequately covered by operations.
218.284
2.613
In 2024, the liquidity ratio of PRIMERA DEVELOPPEMENT (218.28) 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 PRIMERA DEVELOPPEMENT (2.6x) 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: 244 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 568 days. Excellent situation: suppliers finance 324 days of the operating cycle (retail model). Inventory turnover is 145 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 330 days of revenue, i.e. 555 k€ to permanently finance. Notable WCR improvement over the period (-39%), freeing up cash.
555 356 €
244 j
568 j
145 j
330 j
Based on 80 transactions of similar company sales
(all years),
the value of PRIMERA DEVELOPPEMENT is estimated at
81 614 €
(range 29 248€ - 213 722€).
With an EBITDA of 27 473€, 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 PRIMERA DEVELOPPEMENT with other companies in the same sector:
Voir toutes les statistiques du secteur Promotion immobilière de logements
The revenue of PRIMERA DEVELOPPEMENT in 2024 is 605 k€.
Yes, PRIMERA DEVELOPPEMENT generated a net profit of 36 k€ in 2024.
The headquarters of PRIMERA DEVELOPPEMENT is located in LILLE (59800), in the department Nord.
The tax return of PRIMERA 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).
PRIMERA DEVELOPPEMENT 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.