SIREN : 347661472
SAS BELVEDIS is a French company founded 37 years ago, specialized in the sector Supermarchés. Based in TALANT (21240), this company of category PME shows in 2025 a revenue of 12.1 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-04-18
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2025 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 12 113 210 € | 18 438 513 € | 16 895 129 € | 15 968 064 € | 15 483 462 € | 14 751 346 € | 14 246 459 € | 13 971 808 € | 13 784 711 € |
| Net income | -67 542 € | 7 615 € | 137 185 € | -59 150 € | -46 975 € | -122 536 € | 88 905 € | 39 957 € | 129 879 € |
| EBITDA | 38 845 € | 137 302 € | 339 875 € | 103 347 € | 161 885 € | 40 298 € | 217 552 € | 129 858 € | 286 332 € |
| Net margin | -0.6% | 0.0% | 0.8% | -0.4% | -0.3% | -0.8% | 0.6% | 0.3% | 0.9% |
In 2025, SAS BELVEDIS achieves revenue of 12.1 M€. Activity remains stable over the period (CAGR: -1.4%). Significant drop of -34% vs 2023. After deducting consumption (9.6 M€), gross margin stands at 2.5 M€, i.e. a rate of 21%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 39 k€, representing 0.3% of revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -68 k€ (-0.6% of revenue), which will impact equity.
12 113 210 €
2 499 594 €
38 845 €
-53 239 €
-67 542 €
0.3%
The debt ratio (= Financial debt / Equity x 100) stands at -116%. 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 -33%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 33.9 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 0.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
-115.731%
-32.986%
0.231%
33.885
14.9%
In 2025, the debt ratio of SAS BELVEDIS (-115.73) 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 2025, the financial autonomy of SAS BELVEDIS (-33.0%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.
In 2025, the repayment capacity of SAS BELVEDIS (33.88) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.
The liquidity ratio (= Current assets / Current liabilities) stands at 77.37. 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 41.4x. Operating income very largely covers interest expenses: high safety margin.
77.368
41.406
In 2025, the liquidity ratio of SAS BELVEDIS (77.37) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.
In 2025, the interest coverage of SAS BELVEDIS (41.4x) 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: 1 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 64 days. Excellent situation: suppliers finance 63 days of the operating cycle (retail model). Inventory turnover is 25 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 25 days of revenue, i.e. 844 k€ to permanently finance.
844 291 €
1 j
64 j
25 j
25 j
Based on 270 transactions of similar company sales in 2025, the value of SAS BELVEDIS is estimated at 1 606 361 € (range 1 008 499€ - 2 651 482€). With an EBITDA of 38 845€, the sector multiple of 4.5x is applied. The price/revenue ratio is 0.33x (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.
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This estimate is based on the analysis of 270 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 BELVEDIS with other companies in the same sector:
The revenue of SAS BELVEDIS in 2025 is 12.1 M€.
SAS BELVEDIS recorded a net loss in 2025.
The headquarters of SAS BELVEDIS is located in TALANT (21240), in the department Cote-d'Or.
The tax return of SAS BELVEDIS 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 BELVEDIS operates in the sector Supermarchés (NAF code 47.11D). See the 'Sector positioning' section above to compare the company with its competitors.