SOCIETE BRETONNE DE DEVELOPPEMENT : revenue, balance sheet and financial ratios

SOCIETE BRETONNE DE DEVELOPPEMENT is a French company founded 33 years ago, specialized in the sector Activités des sièges sociaux. Based in BREST (29200), this company of category PME shows in 2022 a revenue of 44 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

Financial history - SOCIETE BRETONNE DE DEVELOPPEMENT (SIREN 389804568)
Indicator 2022 2021
Revenue 44 377 € 108 537 €
Net income 671 414 € 1 531 738 €
EBITDA -1 225 465 € -934 132 €
Net margin 1513.0% 1411.3%

Revenue and income statement

In 2022, SOCIETE BRETONNE DE DEVELOPPEMENT achieves revenue of 44 k€. Significant drop of -59% vs 2021. After deducting consumption (0 €), gross margin stands at 44 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 -1.2 M€, representing -2761.5% of revenue. Warning negative scissor effect: despite revenue change (-59%), EBITDA varies by -31%, reducing margin by 1900.8 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 671 k€, i.e. 1513.0% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2022) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

44 377 €

Gross margin (2022) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

44 377 €

EBITDA (2022) ?
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

-1 225 465 €

EBIT (2022) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-1 254 376 €

Net income (2022) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

671 414 €

EBITDA margin (2022) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-2761.5%

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Chart evolution

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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 91%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 52%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2022) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

90.509%

Financial autonomy (2022) ?
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

52.148%

Cash flow / Revenue (2022) ?
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

-2268.159%

Repayment capacity (2022) ?
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

-9.648

Asset age ratio (2022) ?
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

22.0%

Solvency indicators evolution
SOCIETE BRETONNE DE DEVELOPPEMENT

Sector positioning

Debt ratio
90.51 2022
2021
2022
Q1: 0.51
Med: 24.24
Q3: 115.68
Average -7 pts over 2 years

In 2022, the debt ratio of SOCIETE BRETONNE DE DEVEL... (90.51) 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
52.15% 2022
2021
2022
Q1: 18.08%
Med: 52.91%
Q3: 84.24%
Average

In 2022, the financial autonomy of SOCIETE BRETONNE DE DEVEL... (52.1%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
-9.65 years 2022
2021
2022
Q1: 0.0 years
Med: 0.34 years
Q3: 4.08 years
Excellent -34 pts over 2 years

In 2022, the repayment capacity of SOCIETE BRETONNE DE DEVEL... (-9.65) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 3762.12. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2022) ?
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

3762.121

Interest coverage (2022) ?
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

-209.652

Liquidity indicators evolution
SOCIETE BRETONNE DE DEVELOPPEMENT

Sector positioning

Liquidity ratio
3762.12 2022
2021
2022
Q1: 101.24
Med: 346.19
Q3: 1582.34
Excellent +50 pts over 2 years

In 2022, the liquidity ratio of SOCIETE BRETONNE DE DEVEL... (3762.12) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
-209.65x 2022
2021
2022
Q1: -30.73x
Med: 0.0x
Q3: 2.5x
Average

In 2022, the interest coverage of SOCIETE BRETONNE DE DEVEL... (-209.7x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 25 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 20 days. The company must finance 5 days of gap between collections and payments. Inventory turnover is 418 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 8892 days of revenue, i.e. 1.1 M€ to permanently finance.

Operating WCR (2022) ?
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

1 096 164 €

Customer credit (2022) ?
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

25 j

Supplier credit (2022) ?
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

20 j

Inventory turnover (2022) ?
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

418 j

WCR in days of revenue (2022) ?
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

8892 j

WCR and payment terms evolution
SOCIETE BRETONNE DE DEVELOPPEMENT

Positioning of SOCIETE BRETONNE DE DEVELOPPEMENT in its sector

Comparison with sector Activités des sièges sociaux

Valuation estimate

Based on 107 transactions of similar company sales in 2022, the value of SOCIETE BRETONNE DE DEVELOPPEMENT is estimated at 1 647 518 € (range 1 054 307€ - 2 796 814€). The price/revenue ratio is 0.65x (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.

Estimated enterprise value 2022
107 transactions
1054k€ 1647k€ 2796k€
1 647 518 € Range: 1 054 307€ - 2 796 814€
NAF 5 année 2022

Valuation detail by method

Ajustez les pondérations selon votre analyse

Revenue Multiple 30%
44 377 € × 0.65x
Estimation 28 678 €
6 975€ - 51 462€
Net Income Multiple 20%
671 414 € × 6.1x
Estimation 4 075 778 €
2 625 307€ - 6 914 843€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 107 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 (Activités des sièges sociaux)

Compare SOCIETE BRETONNE DE DEVELOPPEMENT with other companies in the same sector:

Voir toutes les statistiques du secteur Activités des sièges sociaux

Frequently asked questions about SOCIETE BRETONNE DE DEVELOPPEMENT

What is the revenue of SOCIETE BRETONNE DE DEVELOPPEMENT ?

The revenue of SOCIETE BRETONNE DE DEVELOPPEMENT in 2022 is 44 k€.

Is SOCIETE BRETONNE DE DEVELOPPEMENT profitable?

Yes, SOCIETE BRETONNE DE DEVELOPPEMENT generated a net profit of 671 k€ in 2022.

Where is the headquarters of SOCIETE BRETONNE DE DEVELOPPEMENT ?

The headquarters of SOCIETE BRETONNE DE DEVELOPPEMENT is located in BREST (29200), in the department Finistere.

Where to find the tax return of SOCIETE BRETONNE DE DEVELOPPEMENT ?

The tax return of SOCIETE BRETONNE DE 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).

In which sector does SOCIETE BRETONNE DE DEVELOPPEMENT operate?

SOCIETE BRETONNE DE DEVELOPPEMENT operates in the sector Activités des sièges sociaux (NAF code 70.10Z). See the 'Sector positioning' section above to compare the company with its competitors.