SOCIETE DISTRIBUTION ALIMENTAIRE PAN AFRICAINE : revenue, balance sheet and financial ratios

SOCIETE DISTRIBUTION ALIMENTAIRE PAN AFRICAINE is a French company founded 11 years ago, specialized in the sector Autres intermédiaires du commerce en produits divers. Based in BOULOGNE-BILLANCOURT (92100), this company of category GE shows in 2025 a revenue of 28.7 M€. 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 DISTRIBUTION ALIMENTAIRE PAN AFRICAINE (SIREN 807577838)
Indicator 2025 2024 2023 2022 2021 2020 2019 2018 2016
Revenue 28 703 406 € 31 898 112 € 29 463 196 € 17 319 763 € 14 769 929 € 15 086 277 € 11 831 219 € 13 061 152 € 8 284 454 €
Net income -2 309 936 € -6 268 276 € -3 317 337 € -4 368 644 € -3 704 318 € -4 971 701 € -3 382 207 € -4 888 504 € -3 706 330 €
EBITDA -2 713 319 € -3 025 938 € -3 670 055 € -3 815 604 € -3 162 609 € -4 305 102 € -2 877 858 € -4 105 501 € -3 404 258 €
Net margin -8.0% -19.7% -11.3% -25.2% -25.1% -33.0% -28.6% -37.4% -44.7%

Revenue and income statement

In 2025, SOCIETE DISTRIBUTION ALIMENTAIRE PAN AFRICAINE achieves revenue of 28.7 M€. Over the period 2016-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +14.8%. Significant drop of -10% vs 2024. After deducting consumption (23.3 M€), gross margin stands at 5.4 M€, i.e. a rate of 19%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -2.7 M€, representing -9.5% of revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -2.3 M€ (-8.0% of revenue), which will impact equity.

Revenue (2025) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

28 703 406 €

Gross margin (2025) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

5 382 521 €

EBITDA (2025) ?
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

-2 713 319 €

EBIT (2025) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-1 646 102 €

Net income (2025) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-2 309 936 €

EBITDA margin (2025) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-9.4%

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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 -354%. 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 -28%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2025) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

-354.433%

Financial autonomy (2025) ?
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

-27.981%

Cash flow / Revenue (2025) ?
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

-11.904%

Repayment capacity (2025) ?
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

-11.267

Asset age ratio (2025) ?
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

22.1%

Solvency indicators evolution
SOCIETE DISTRIBUTION ALIMENTAIRE PAN AFRICAINE

Sector positioning

Debt ratio
-354.43 2025
2023
2024
2025
Q1: 0.0
Med: 4.8
Q3: 30.28
Excellent

In 2025, the debt ratio of SOCIETE DISTRIBUTION ALIM... (-354.43) 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.

Financial autonomy
-27.98% 2025
2023
2024
2025
Q1: 10.66%
Med: 43.97%
Q3: 70.72%
Watch

In 2025, the financial autonomy of SOCIETE DISTRIBUTION ALIM... (-28.0%) 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.

Repayment capacity
-11.27 years 2025
2023
2024
2025
Q1: 0.0 years
Med: 0.03 years
Q3: 1.12 years
Excellent -13 pts over 3 years

In 2025, the repayment capacity of SOCIETE DISTRIBUTION ALIM... (-11.27) 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 387.27. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2025) ?
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

387.27

Interest coverage (2025) ?
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

-46.575

Liquidity indicators evolution
SOCIETE DISTRIBUTION ALIMENTAIRE PAN AFRICAINE

Sector positioning

Liquidity ratio
387.27 2025
2023
2024
2025
Q1: 148.43
Med: 278.51
Q3: 620.74
Good +18 pts over 3 years

In 2025, the liquidity ratio of SOCIETE DISTRIBUTION ALIM... (387.27) 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
-46.58x 2025
2023
2024
2025
Q1: 0.0x
Med: 0.0x
Q3: 1.97x
Watch

In 2025, the interest coverage of SOCIETE DISTRIBUTION ALIM... (-46.6x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

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: 318 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 89 days. The gap of 229 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 18 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 431 days of revenue, i.e. 34.3 M€ to permanently finance. Over 2016-2025, WCR increased by +686%, requiring additional financing.

Operating WCR (2025) ?
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

34 347 931 €

Customer credit (2025) ?
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

318 j

Supplier credit (2025) ?
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

89 j

Inventory turnover (2025) ?
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

18 j

WCR in days of revenue (2025) ?
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

431 j

WCR and payment terms evolution
SOCIETE DISTRIBUTION ALIMENTAIRE PAN AFRICAINE

Positioning of SOCIETE DISTRIBUTION ALIMENTAIRE PAN AFRICAINE in its sector

Comparison with sector Autres intermédiaires du commerce en produits divers

Valuation estimate

Based on 85 transactions of similar company sales (all years), the value of SOCIETE DISTRIBUTION ALIMENTAIRE PAN AFRICAINE is estimated at 9 273 013 € (range 5 164 768€ - 22 035 151€). The price/revenue ratio is 0.32x (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.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2025
85 tx
5164k€ 9273k€ 22035k€
9 273 013 € Range: 5 164 768€ - 22 035 151€
NAF 5 all-time

Valuation method used

Revenue Multiple
28 703 406 € × 0.32x = 9 273 014 €
Range: 5 164 769€ - 22 035 152€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 85 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 (Autres intermédiaires du commerce en produits divers)

Compare SOCIETE DISTRIBUTION ALIMENTAIRE PAN AFRICAINE with other companies in the same sector:

Voir toutes les statistiques du secteur Autres intermédiaires du commerce en produits divers

Frequently asked questions about SOCIETE DISTRIBUTION ALIMENTAIRE PAN AFRICAINE

What is the revenue of SOCIETE DISTRIBUTION ALIMENTAIRE PAN AFRICAINE ?

The revenue of SOCIETE DISTRIBUTION ALIMENTAIRE PAN AFRICAINE in 2025 is 28.7 M€.

Is SOCIETE DISTRIBUTION ALIMENTAIRE PAN AFRICAINE profitable?

SOCIETE DISTRIBUTION ALIMENTAIRE PAN AFRICAINE recorded a net loss in 2025.

Where is the headquarters of SOCIETE DISTRIBUTION ALIMENTAIRE PAN AFRICAINE ?

The headquarters of SOCIETE DISTRIBUTION ALIMENTAIRE PAN AFRICAINE is located in BOULOGNE-BILLANCOURT (92100), in the department Hauts-de-Seine.

Where to find the tax return of SOCIETE DISTRIBUTION ALIMENTAIRE PAN AFRICAINE ?

The tax return of SOCIETE DISTRIBUTION ALIMENTAIRE PAN AFRICAINE 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 DISTRIBUTION ALIMENTAIRE PAN AFRICAINE operate?

SOCIETE DISTRIBUTION ALIMENTAIRE PAN AFRICAINE operates in the sector Autres intermédiaires du commerce en produits divers (NAF code 46.19B). See the 'Sector positioning' section above to compare the company with its competitors.