RIP CURL EUROPE : revenue, balance sheet and financial ratios

RIP CURL EUROPE is a French company founded 40 years ago, specialized in the sector Commerce de gros (commerce interentreprises) d'habillement et de chaussures. Based in SOORTS-HOSSEGOR (40150), this company of category ETI shows in 2025 a revenue of 50.1 M€. 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 - RIP CURL EUROPE (SIREN 332899731)
Indicator 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 50 075 143 € 50 857 751 € 55 169 027 € 54 534 049 € 45 642 604 € 39 950 561 € 42 845 792 € 47 159 294 € 49 705 138 € 54 207 099 €
Net income 1 201 318 € 989 917 € 1 535 021 € 1 822 787 € 2 831 269 € -1 841 866 € 1 308 828 € 2 688 326 € -1 319 838 € 1 606 269 €
EBITDA -87 606 € 2 001 100 € 3 035 974 € 5 093 000 € 2 752 905 € 442 761 € 1 169 272 € 1 348 419 € 843 998 € 1 071 504 €
Net margin 2.4% 1.9% 2.8% 3.3% 6.2% -4.6% 3.1% 5.7% -2.7% 3.0%

Revenue and income statement

In 2025, RIP CURL EUROPE achieves revenue of 50.1 M€. Activity remains stable over the period (CAGR: -0.9%). Slight decline of -2% vs 2024. After deducting consumption (25.7 M€), gross margin stands at 24.4 M€, i.e. a rate of 49%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -88 k€, representing -0.2% of revenue. Warning negative scissor effect: despite revenue change (-2%), EBITDA varies by -104%, reducing margin by 4.1 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 1.2 M€, i.e. 2.4% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2025) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

50 075 143 €

Gross margin (2025) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

24 397 388 €

EBITDA (2025) ?
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

-87 606 €

EBIT (2025) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

608 645 €

Net income (2025) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

1 201 318 €

EBITDA margin (2025) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-0.2%

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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 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 65%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Cash flow represents 3.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2025) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.0%

Financial autonomy (2025) ?
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

64.505%

Cash flow / Revenue (2025) ?
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

2.962%

Repayment capacity (2025) ?
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

0.0

Asset age ratio (2025) ?
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

19.7%

Solvency indicators evolution
RIP CURL EUROPE

Sector positioning

Debt ratio
0.0 2025
2023
2024
2025
Q1: 0.05
Med: 9.73
Q3: 41.76
Excellent

In 2025, the debt ratio of RIP CURL EUROPE (0.00) 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.

Financial autonomy
64.5% 2025
2023
2024
2025
Q1: 10.16%
Med: 37.48%
Q3: 63.03%
Excellent

In 2025, the financial autonomy of RIP CURL EUROPE (64.5%) 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
0.0 years 2025
2023
2024
2025
Q1: 0.0 years
Med: 0.01 years
Q3: 1.92 years
Excellent

In 2025, the repayment capacity of RIP CURL EUROPE (0.00) 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 206.92. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2025) ?
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

206.918

Interest coverage (2025) ?
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

-400.524

Liquidity indicators evolution
RIP CURL EUROPE

Sector positioning

Liquidity ratio
206.92 2025
2023
2024
2025
Q1: 128.79
Med: 214.38
Q3: 394.35
Average

In 2025, the liquidity ratio of RIP CURL EUROPE (206.92) 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
-400.52x 2025
2023
2024
2025
Q1: 0.0x
Med: 0.0x
Q3: 4.67x
Watch -73 pts over 3 years

In 2025, the interest coverage of RIP CURL EUROPE (-400.5x) 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: 88 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 116 days. Favorable situation: supplier credit is longer than customer credit by 28 days. Inventory turnover is 81 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 244 days of revenue, i.e. 33.9 M€ to permanently finance. Over 2016-2025, WCR increased by +43%, requiring additional financing.

Operating WCR (2025) ?
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

33 884 848 €

Customer credit (2025) ?
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

88 j

Supplier credit (2025) ?
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

116 j

Inventory turnover (2025) ?
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

81 j

WCR in days of revenue (2025) ?
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

244 j

WCR and payment terms evolution
RIP CURL EUROPE

Positioning of RIP CURL EUROPE in its sector

Comparison with sector Commerce de gros (commerce interentreprises) d'habillement et de chaussures

Valuation estimate

Based on 124 transactions of similar company sales (all years), the value of RIP CURL EUROPE is estimated at 6 329 398 € (range 2 982 600€ - 17 009 845€). The price/revenue ratio is 0.17x (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 2025
124 transactions
2982k€ 6329k€ 17009k€
6 329 398 € Range: 2 982 600€ - 17 009 845€
NAF 5 all-time

Valuation detail by method

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Revenue Multiple 30%
50 075 143 € × 0.17x
Estimation 8 715 232 €
4 483 774€ - 25 096 782€
Net Income Multiple 20%
1 201 318 € × 2.3x
Estimation 2 750 648 €
730 839€ - 4 879 439€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 124 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 de gros (commerce interentreprises) d'habillement et de chaussures)

Compare RIP CURL EUROPE with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de gros (commerce interentreprises) d'habillement et de chaussures

Frequently asked questions about RIP CURL EUROPE

What is the revenue of RIP CURL EUROPE ?

The revenue of RIP CURL EUROPE in 2025 is 50.1 M€.

Is RIP CURL EUROPE profitable?

Yes, RIP CURL EUROPE generated a net profit of 1.2 M€ in 2025.

Where is the headquarters of RIP CURL EUROPE ?

The headquarters of RIP CURL EUROPE is located in SOORTS-HOSSEGOR (40150), in the department Landes.

Where to find the tax return of RIP CURL EUROPE ?

The tax return of RIP CURL EUROPE 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 RIP CURL EUROPE operate?

RIP CURL EUROPE operates in the sector Commerce de gros (commerce interentreprises) d'habillement et de chaussures (NAF code 46.42Z). See the 'Sector positioning' section above to compare the company with its competitors.