SIREN : 840722953
SAS BEL is a French company founded 7 years ago, specialized in the sector Autres activités récréatives et de loisirs. Based in MONTESQUIEU-DES-ALBERES (66740), this company of category PME shows in 2021 a revenue of 18 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 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|
| Revenue | 18 060 € | 12 025 € | 29 048 € | 1 905 € |
| Net income | 10 033 € | 56 € | 9 823 € | -9 818 € |
| EBITDA | 16 249 € | 3 902 € | 9 227 € | -9 122 € |
| Net margin | 55.6% | 0.5% | 33.8% | -515.4% |
In 2021, SAS BEL achieves revenue of 18 k€. Over the period 2018-2021, the company shows strong growth with a CAGR (compound annual growth rate) of +111.6%. Vs 2020, growth of +50% (12 k€ -> 18 k€). After deducting consumption (0 €), gross margin stands at 18 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 16 k€, representing 90.0% of revenue. Positive scissor effect: EBITDA margin improves by +57.5 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 10 k€, i.e. 55.6% of revenue. This profit can be retained or distributed to shareholders.
18 060 €
18 060 €
16 249 €
10 033 €
10 033 €
53.0%
The debt ratio (= Financial debt / Equity x 100) stands at 284%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 42%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Cash flow represents 89.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
284.317%
42.331%
89.856%
0.0
74.4%
In 2021, the debt ratio of SAS BEL (284.32) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.
In 2021, the financial autonomy of SAS BEL (42.3%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.
In 2021, the repayment capacity of SAS BEL (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.
The liquidity ratio (= Current assets / Current liabilities) stands at 56.01. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
56.006
0.0
In 2021, the liquidity ratio of SAS BEL (56.01) 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 2021, the interest coverage of SAS BEL (0.0x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.
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: 557 days. Excellent situation: suppliers finance 557 days of the operating cycle (retail model). WCR is negative (-1147 days): operations structurally generate cash. Notable WCR improvement over the period (-45%), freeing up cash.
-57 542 €
0 j
557 j
0 j
-1147 j
Based on 114 transactions of similar company sales (all years), the value of SAS BEL is estimated at 60 855 € (range 34 829€ - 102 022€). With an EBITDA of 16 249€, the sector multiple of 5.1x is applied. The price/revenue ratio is 0.72x (in line with sector norms). 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.
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This estimate is based on the analysis of 114 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 SAS BEL with other companies in the same sector:
Voir toutes les statistiques du secteur Autres activités récréatives et de loisirs
The revenue of SAS BEL in 2021 is 18 k€.
Yes, SAS BEL generated a net profit of 10 k€ in 2021.
The headquarters of SAS BEL is located in MONTESQUIEU-DES-ALBERES (66740), in the department Pyrenees-Orientales.
The tax return of SAS BEL 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).
SAS BEL operates in the sector Autres activités récréatives et de loisirs (NAF code 93.29Z). See the 'Sector positioning' section above to compare the company with its competitors.