SOCIETE FONCIERE ET IMMOBILIERE COURTOIS : revenue, balance sheet and financial ratios

SOCIETE FONCIERE ET IMMOBILIERE COURTOIS is a French company founded 45 years ago, specialized in the sector Promotion immobilière de logements. Based in TOULOUSE (31000), this company of category PME shows in 2024 a revenue of 40 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 FONCIERE ET IMMOBILIERE COURTOIS (SIREN 320942949)
Indicator 2024 2023 2022 2021 2020 2019 2017 2016
Revenue 40 493 € 489 156 € 7 498 882 € 168 953 € 698 916 € 725 263 € 1 436 595 € 3 924 890 €
Net income -519 562 € -442 065 € 496 964 € 436 174 € -356 797 € 108 473 € 62 189 € 912 €
EBITDA -499 233 € -416 094 € 723 546 € -353 511 € -302 201 € -230 974 € -219 131 € -297 075 €
Net margin -1283.1% -90.4% 6.6% 258.2% -51.1% 15.0% 4.3% 0.0%

Revenue and income statement

In 2024, SOCIETE FONCIERE ET IMMOBILIERE COURTOIS achieves revenue of 40 k€. Revenue is declining over the period 2016-2024 (CAGR: -43.5%). Significant drop of -92% vs 2023. After deducting consumption (0 €), gross margin stands at 40 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 -499 k€, representing -1232.9% of revenue. Warning negative scissor effect: despite revenue change (-92%), EBITDA varies by -20%, reducing margin by 1147.8 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -520 k€ (-1283.1% 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

40 493 €

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

40 493 €

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

-499 233 €

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

-498 021 €

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

-519 562 €

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

-1232.9%

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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 38%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 71%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

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

37.752%

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

70.552%

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

-1285.568%

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

-0.468

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

99.1%

Solvency indicators evolution
SOCIETE FONCIERE ET IMMOBILIERE COURTOIS

Sector positioning

Debt ratio
37.75 2024
2022
2023
2024
Q1: 0.0
Med: 1.6
Q3: 105.23
Average +7 pts over 3 years

In 2024, the debt ratio of SOCIETE FONCIERE ET IMMOB... (37.75) 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
70.55% 2024
2022
2023
2024
Q1: 0.0%
Med: 12.23%
Q3: 54.65%
Excellent

In 2024, the financial autonomy of SOCIETE FONCIERE ET IMMOB... (70.5%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
-0.47 years 2024
2022
2023
2024
Q1: -4.13 years
Med: 0.0 years
Q3: 1.24 years
Good -28 pts over 3 years

In 2024, the repayment capacity of SOCIETE FONCIERE ET IMMOB... (-0.47) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 277.74. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

277.738

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

-21.227

Liquidity indicators evolution
SOCIETE FONCIERE ET IMMOBILIERE COURTOIS

Sector positioning

Liquidity ratio
277.74 2024
2022
2023
2024
Q1: 134.25
Med: 341.1
Q3: 1144.53
Average -33 pts over 3 years

In 2024, the liquidity ratio of SOCIETE FONCIERE ET IMMOB... (277.74) 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.

Interest coverage
-21.23x 2024
2022
2023
2024
Q1: -13.11x
Med: 0.0x
Q3: 2.3x
Average -50 pts over 3 years

In 2024, the interest coverage of SOCIETE FONCIERE ET IMMOB... (-21.2x) 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: 678 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 47 days. The gap of 631 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 39263 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 38402 days of revenue, i.e. 4.3 M€ to permanently finance.

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

4 319 494 €

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

678 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

47 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

39263 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

38402 j

WCR and payment terms evolution
SOCIETE FONCIERE ET IMMOBILIERE COURTOIS

Positioning of SOCIETE FONCIERE ET IMMOBILIERE COURTOIS in its sector

Comparison with sector Promotion immobilière de logements

Valuation estimate

Based on 80 transactions of similar company sales (all years), the value of SOCIETE FONCIERE ET IMMOBILIERE COURTOIS is estimated at 11 328 € (range 4 073€ - 27 861€). The price/revenue ratio is 0.28x (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 2024
80 tx
4k€ 11k€ 27k€
11 328 € Range: 4 073€ - 27 861€
NAF 5 all-time

Valuation method used

Revenue Multiple
40 493 € × 0.28x = 11 328 €
Range: 4 074€ - 27 861€

Only this financial indicator is available for this company.

How is this estimate calculated?

This estimate is based on the analysis of 80 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 (Promotion immobilière de logements)

Compare SOCIETE FONCIERE ET IMMOBILIERE COURTOIS with other companies in the same sector:

Voir toutes les statistiques du secteur Promotion immobilière de logements

Frequently asked questions about SOCIETE FONCIERE ET IMMOBILIERE COURTOIS

What is the revenue of SOCIETE FONCIERE ET IMMOBILIERE COURTOIS ?

The revenue of SOCIETE FONCIERE ET IMMOBILIERE COURTOIS in 2024 is 40 k€.

Is SOCIETE FONCIERE ET IMMOBILIERE COURTOIS profitable?

SOCIETE FONCIERE ET IMMOBILIERE COURTOIS recorded a net loss in 2024.

Where is the headquarters of SOCIETE FONCIERE ET IMMOBILIERE COURTOIS ?

The headquarters of SOCIETE FONCIERE ET IMMOBILIERE COURTOIS is located in TOULOUSE (31000), in the department Haute-Garonne.

Where to find the tax return of SOCIETE FONCIERE ET IMMOBILIERE COURTOIS ?

The tax return of SOCIETE FONCIERE ET IMMOBILIERE COURTOIS 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 FONCIERE ET IMMOBILIERE COURTOIS operate?

SOCIETE FONCIERE ET IMMOBILIERE COURTOIS operates in the sector Promotion immobilière de logements (NAF code 41.10A). See the 'Sector positioning' section above to compare the company with its competitors.