SIREN : 523385201
SILK DEVELOPPEMENT is a French company founded 15 years ago, specialized in the sector Restauration de type rapide. Based in MULHOUSE (68100), this company of category PME shows in 2023 a revenue of 1.1 M€. 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 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1 061 231 € | 1 154 333 € | 1 186 240 € | 780 455 € | 998 353 € | 991 867 € | 1 066 406 € | 1 039 398 € |
| Net income | 22 222 € | 94 472 € | 157 913 € | 62 361 € | 16 687 € | 19 042 € | 64 400 € | 29 300 € |
| EBITDA | 53 019 € | 168 122 € | 249 594 € | 103 823 € | 46 201 € | 47 853 € | 96 694 € | 66 436 € |
| Net margin | 2.1% | 8.2% | 13.3% | 8.0% | 1.7% | 1.9% | 6.0% | 2.8% |
In 2023, SILK DEVELOPPEMENT achieves revenue of 1.1 M€. Revenue is growing positively over 8 years (CAGR: +0.3%). Slight decline of -8% vs 2022. After deducting consumption (306 k€), gross margin stands at 755 k€, i.e. a rate of 71%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 53 k€, representing 5.0% of revenue. Warning negative scissor effect: despite revenue change (-8%), EBITDA varies by -68%, reducing margin by 9.6 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 22 k€, i.e. 2.1% of revenue. This profit can be retained or distributed to shareholders.
1 061 231 €
755 040 €
53 019 €
34 016 €
22 222 €
4.9%
The debt ratio (= Financial debt / Equity x 100) stands at 74%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 33%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.9 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 3.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
74.136%
32.52%
3.725%
1.878
27.6%
In 2023, the debt ratio of SILK DEVELOPPEMENT (74.14) 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 2023, the financial autonomy of SILK DEVELOPPEMENT (32.5%) 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 2023, the repayment capacity of SILK DEVELOPPEMENT (1.88) 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 98.89. 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 4.1x. Financial charges are adequately covered by operations.
98.893
4.127
In 2023, the liquidity ratio of SILK DEVELOPPEMENT (98.89) 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 2023, the interest coverage of SILK DEVELOPPEMENT (4.1x) 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: 35 days. Excellent situation: suppliers finance 34 days of the operating cycle (retail model). Inventory turnover is 5 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-4 days): operations structurally generate cash. Over 2016-2023, WCR increased by +33%, requiring additional financing.
-13 265 €
1 j
35 j
5 j
-4 j
Based on 689 transactions of similar company sales in 2023, the value of SILK DEVELOPPEMENT is estimated at 406 033 € (range 226 549€ - 716 633€). With an EBITDA of 53 019€, the sector multiple of 6.3x is applied. The price/revenue ratio is 0.66x (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 689 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 SILK DEVELOPPEMENT with other companies in the same sector:
Voir toutes les statistiques du secteur Restauration de type rapide
The revenue of SILK DEVELOPPEMENT in 2023 is 1.1 M€.
Yes, SILK DEVELOPPEMENT generated a net profit of 22 k€ in 2023.
The headquarters of SILK DEVELOPPEMENT is located in MULHOUSE (68100), in the department Haut-Rhin.
The tax return of SILK 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).
SILK DEVELOPPEMENT operates in the sector Restauration de type rapide (NAF code 56.10C). See the 'Sector positioning' section above to compare the company with its competitors.