SOCIETE BASQUE LOCATION AUTOMOBILES : revenue, balance sheet and financial ratios

SOCIETE BASQUE LOCATION AUTOMOBILES is a French company founded 48 years ago, specialized in the sector Location de courte durée de voitures et de véhicules automobiles légers. Based in BIARRITZ (64200), this company of category PME shows in 2024 a revenue of 10.6 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

Financial history - SOCIETE BASQUE LOCATION AUTOMOBILES (SIREN 310623533)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 10 588 447 € 10 522 383 € 10 696 726 € 6 913 318 € 5 801 989 € 8 998 096 € 9 219 466 € 9 509 489 € 9 596 002 €
Net income -781 171 € -240 725 € 699 543 € 403 237 € -478 788 € -222 594 € -352 445 € -70 239 € -391 750 €
EBITDA 884 528 € 1 063 628 € 1 588 330 € 843 482 € 110 913 € 1 194 251 € 1 244 547 € 1 480 499 € 1 123 752 €
Net margin -7.4% -2.3% 6.5% 5.8% -8.3% -2.5% -3.8% -0.7% -4.1%

Revenue and income statement

In 2024, SOCIETE BASQUE LOCATION AUTOMOBILES achieves revenue of 10.6 M€. Revenue is growing positively over 9 years (CAGR: +1.2%). Vs 2023: +1%. After deducting consumption (515 k€), gross margin stands at 10.1 M€, i.e. a rate of 95%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 885 k€, representing 8.4% of revenue. This level of operating margin is satisfactory for the sector. Net income is negative at -781 k€ (-7.4% of revenue), which will impact equity.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

10 588 447 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

10 073 716 €

EBITDA (2024) ?
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

884 528 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-1 727 492 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-781 171 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

8.4%

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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 225%. 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 26%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 24.2 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 2.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

225.019%

Financial autonomy (2024) ?
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

26.444%

Cash flow / Revenue (2024) ?
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

2.941%

Repayment capacity (2024) ?
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

24.221

Asset age ratio (2024) ?
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

64.9%

Solvency indicators evolution
SOCIETE BASQUE LOCATION AUTOMOBILES

Sector positioning

Debt ratio
225.02 2024
2022
2023
2024
Q1: 0.0
Med: 14.52
Q3: 117.12
Average +23 pts over 3 years

In 2024, the debt ratio of SOCIETE BASQUE LOCATION A... (225.02) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
26.44% 2024
2022
2023
2024
Q1: 0.18%
Med: 21.3%
Q3: 49.35%
Good -18 pts over 3 years

In 2024, the financial autonomy of SOCIETE BASQUE LOCATION A... (26.4%) 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.

Repayment capacity
24.22 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.01 years
Q3: 2.25 years
Watch

In 2024, the repayment capacity of SOCIETE BASQUE LOCATION A... (24.22) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 221.07. 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 17.7x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2024) ?
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

221.069

Interest coverage (2024) ?
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

17.735

Liquidity indicators evolution
SOCIETE BASQUE LOCATION AUTOMOBILES

Sector positioning

Liquidity ratio
221.07 2024
2022
2023
2024
Q1: 74.6
Med: 176.18
Q3: 351.42
Good

In 2024, the liquidity ratio of SOCIETE BASQUE LOCATION A... (221.07) 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.

Interest coverage
17.73x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 6.61x
Excellent +8 pts over 3 years

In 2024, the interest coverage of SOCIETE BASQUE LOCATION A... (17.7x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 37 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 34 days. The company must finance 3 days of gap between collections and payments. Overall, WCR represents 70 days of revenue, i.e. 2.1 M€ to permanently finance. Over 2016-2024, WCR increased by +57%, requiring additional financing.

Operating WCR (2024) ?
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

2 067 183 €

Customer credit (2024) ?
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

37 j

Supplier credit (2024) ?
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

34 j

Inventory turnover (2024) ?
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

0 j

WCR in days of revenue (2024) ?
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

70 j

WCR and payment terms evolution
SOCIETE BASQUE LOCATION AUTOMOBILES

Positioning of SOCIETE BASQUE LOCATION AUTOMOBILES in its sector

Comparison with sector Location de courte durée de voitures et de véhicules automobiles légers

Valuation estimate

Based on 276 transactions of similar company sales (all years), the value of SOCIETE BASQUE LOCATION AUTOMOBILES is estimated at 15 871 528 € (range 3 506 618€ - 21 036 696€). With an EBITDA of 884 528€, the sector multiple of 11.9x is applied. The price/revenue ratio is 2.33x (premium 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 2024
276 transactions
3506k€ 15871k€ 21036k€
15 871 528 € Range: 3 506 618€ - 21 036 696€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
884 528 € × 11.9x
Estimation 10 568 724 €
2 149 177€ - 14 380 391€
Revenue Multiple 30%
10 588 447 € × 2.33x
Estimation 24 709 537 €
5 769 020€ - 32 130 539€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 276 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 (Location de courte durée de voitures et de véhicules automobiles légers)

Compare SOCIETE BASQUE LOCATION AUTOMOBILES with other companies in the same sector:

Voir toutes les statistiques du secteur Location de courte durée de voitures et de véhicules automobiles légers

Frequently asked questions about SOCIETE BASQUE LOCATION AUTOMOBILES

What is the revenue of SOCIETE BASQUE LOCATION AUTOMOBILES ?

The revenue of SOCIETE BASQUE LOCATION AUTOMOBILES in 2024 is 10.6 M€.

Is SOCIETE BASQUE LOCATION AUTOMOBILES profitable?

SOCIETE BASQUE LOCATION AUTOMOBILES recorded a net loss in 2024.

Where is the headquarters of SOCIETE BASQUE LOCATION AUTOMOBILES ?

The headquarters of SOCIETE BASQUE LOCATION AUTOMOBILES is located in BIARRITZ (64200), in the department Pyrenees-Atlantiques.

Where to find the tax return of SOCIETE BASQUE LOCATION AUTOMOBILES ?

The tax return of SOCIETE BASQUE LOCATION AUTOMOBILES 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 SOCIETE BASQUE LOCATION AUTOMOBILES operate?

SOCIETE BASQUE LOCATION AUTOMOBILES operates in the sector Location de courte durée de voitures et de véhicules automobiles légers (NAF code 77.11A). See the 'Sector positioning' section above to compare the company with its competitors.