SIREN : 811312941
SIEL BLEU DEVELOPPEMENT is a French company founded 11 years ago, specialized in the sector Fabrication d'articles de sport. Based in STRASBOURG (67000), this company of category PME shows in 2020 a revenue of 125 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 | 2020 | 2019 | 2017 | 2016 |
|---|---|---|---|---|
| Revenue | 124 557 € | 60 227 € | 4 148 € | N/C |
| Net income | 294 973 € | -174 494 € | -11 321 € | -46 896 € |
| EBITDA | 44 827 € | -89 701 € | 30 405 € | -45 609 € |
| Net margin | 236.8% | -289.7% | -272.9% | N/C |
In 2020, SIEL BLEU DEVELOPPEMENT achieves revenue of 125 k€. Over the period 2017-2020, the company shows strong growth with a CAGR (compound annual growth rate) of +210.8%. Vs 2019, growth of +107% (60 k€ -> 125 k€). After deducting consumption (65 k€), gross margin stands at 60 k€, i.e. a rate of 48%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 45 k€, representing 36.0% of revenue. Positive scissor effect: EBITDA margin improves by +184.9 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 295 k€, i.e. 236.8% of revenue. This profit can be retained or distributed to shareholders.
124 557 €
59 676 €
44 827 €
-53 238 €
294 973 €
36.0%
The debt ratio (= Financial debt / Equity x 100) stands at 218%. 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 27%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 311.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
217.657%
27.093%
311.322%
1.236
67.9%
In 2020, the debt ratio of SIEL BLEU DEVELOPPEMENT (217.66) 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 2020, the financial autonomy of SIEL BLEU DEVELOPPEMENT (27.1%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2020, the repayment capacity of SIEL BLEU DEVELOPPEMENT (1.24) 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 318.95. 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 2.3x. Financial charges are adequately covered by operations.
318.949
2.309
In 2020, the liquidity ratio of SIEL BLEU DEVELOPPEMENT (318.95) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.
In 2020, the interest coverage of SIEL BLEU DEVELOPPEMENT (2.3x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 164 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 336 days. Excellent situation: suppliers finance 172 days of the operating cycle (retail model). Inventory turnover is 464 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 789 days of revenue, i.e. 273 k€ to permanently finance.
272 899 €
164 j
336 j
464 j
789 j
Based on 101 transactions of similar company sales (all years), the value of SIEL BLEU DEVELOPPEMENT is estimated at 230 084 € (range 65 744€ - 457 028€). With an EBITDA of 44 827€, the sector multiple of 2.5x is applied. The price/revenue ratio is 0.24x (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 101 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 SIEL BLEU DEVELOPPEMENT with other companies in the same sector:
Voir toutes les statistiques du secteur Fabrication d'articles de sport
The revenue of SIEL BLEU DEVELOPPEMENT in 2020 is 125 k€.
Yes, SIEL BLEU DEVELOPPEMENT generated a net profit of 295 k€ in 2020.
The headquarters of SIEL BLEU DEVELOPPEMENT is located in STRASBOURG (67000), in the department Bas-Rhin.
The tax return of SIEL BLEU 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).
SIEL BLEU DEVELOPPEMENT operates in the sector Fabrication d'articles de sport (NAF code 32.30Z). See the 'Sector positioning' section above to compare the company with its competitors.