SIREN : 955801246
RACINE is a French company founded 71 years ago, specialized in the sector Fabrication d'étoffes à mailles. Based in PARIS (75018), this company of category PME shows in 2024 a revenue of 56 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 55 504 € | 55 504 € | 55 504 € | 55 504 € | 55 504 € | 65 709 € | 172 492 € | 154 295 € | 220 165 € |
| Net income | 107 159 € | 149 790 € | -118 758 € | 996 615 € | -74 944 € | 70 144 € | 21 922 € | 94 809 € | 1 193 138 € |
| EBITDA | -4 052 € | 18 666 € | 17 236 € | -44 473 € | -23 902 € | -8 242 € | 83 924 € | -17 164 € | 65 252 € |
| Net margin | 193.1% | 269.9% | -214.0% | 1795.6% | -135.0% | 106.7% | 12.7% | 61.4% | 541.9% |
In 2024, RACINE achieves revenue of 56 k€. Revenue is declining over the period 2016-2024 (CAGR: -15.8%). Slight decline of 0% vs 2023. After deducting consumption (0 €), gross margin stands at 56 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 -4 k€, representing -7.3% of revenue. Warning negative scissor effect: despite revenue change (+0%), EBITDA varies by -122%, reducing margin by 40.9 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 107 k€, i.e. 193.1% of revenue. This profit can be retained or distributed to shareholders.
55 504 €
55 504 €
-4 052 €
73 322 €
107 159 €
-7.3%
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 96%. 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 0.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 17.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
0.1%
95.916%
17.622%
0.244
14.8%
In 2024, the debt ratio of RACINE (0.10) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.
In 2024, the financial autonomy of RACINE (95.9%) 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 RACINE (0.24) 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 11831.64. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
11831.636
-244.077
In 2024, the liquidity ratio of RACINE (11831.64) 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 RACINE (-244.1x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 116 days. Excellent situation: suppliers finance 116 days of the operating cycle (retail model). Overall, WCR represents 810 days of revenue, i.e. 125 k€ to permanently finance. Over 2016-2024, WCR increased by +114%, requiring additional financing.
124 957 €
0 j
116 j
0 j
810 j
Indicative estimate only : the number of comparable transactions in this sector is limited (31 transactions). This range of 41 722€ to 384 811€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 31 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 RACINE with other companies in the same sector:
Voir toutes les statistiques du secteur Fabrication d'étoffes à mailles
The revenue of RACINE in 2024 is 56 k€.
Yes, RACINE generated a net profit of 107 k€ in 2024.
The headquarters of RACINE is located in PARIS (75018), in the department Paris.
The tax return of RACINE 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).
RACINE operates in the sector Fabrication d'étoffes à mailles (NAF code 13.91Z). See the 'Sector positioning' section above to compare the company with its competitors.