SOCIETE MARSEILLAISE DE FONS IMMOBILIERS ET DE COURTAGE : revenue, balance sheet and financial ratios

SOCIETE MARSEILLAISE DE FONS IMMOBILIERS ET DE COURTAGE is a French company founded 35 years ago, specialized in the sector Agences immobilières. Based in MARSEILLE (13008), this company of category PME shows in 2020 a revenue of 996 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 MARSEILLAISE DE FONS IMMOBILIERS ET DE COURTAGE (SIREN 380689331)
Indicator 2020 2019 2018 2017 2016
Revenue 996 404 € 858 271 € 378 923 € 322 047 € 445 896 €
Net income 8 960 € 32 019 € -20 532 € 50 937 € 83 653 €
EBITDA 20 819 € 47 117 € -12 465 € 71 081 € 123 717 €
Net margin 0.9% 3.7% -5.4% 15.8% 18.8%

Revenue and income statement

In 2020, SOCIETE MARSEILLAISE DE FONS IMMOBILIERS ET DE COURTAGE achieves revenue of 996 k€. Over the period 2016-2020, the company shows strong growth with a CAGR (compound annual growth rate) of +22.3%. Vs 2019, growth of +16% (858 k€ -> 996 k€). After deducting consumption (14 k€), gross margin stands at 982 k€, i.e. a rate of 99%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 21 k€, representing 2.1% of revenue. Warning negative scissor effect: despite revenue change (+16%), EBITDA varies by -56%, reducing margin by 3.4 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 9 k€, i.e. 0.9% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2020) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

996 404 €

Gross margin (2020) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

982 063 €

EBITDA (2020) ?
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

20 819 €

EBIT (2020) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

16 054 €

Net income (2020) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

8 960 €

EBITDA margin (2020) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

2.1%

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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 138%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 28%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 13.2 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 1.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2020) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

138.454%

Financial autonomy (2020) ?
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

28.17%

Cash flow / Revenue (2020) ?
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

1.534%

Repayment capacity (2020) ?
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

13.153

Asset age ratio (2020) ?
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

51.5%

Solvency indicators evolution
SOCIETE MARSEILLAISE DE FONS IMMOBILIERS ET DE COURTAGE

Sector positioning

Debt ratio
138.45 2020
2018
2019
2020
Q1: 0.02
Med: 18.55
Q3: 94.01
Average +12 pts over 3 years

In 2020, the debt ratio of SOCIETE MARSEILLAISE DE F... (138.45) 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
28.17% 2020
2018
2019
2020
Q1: 7.66%
Med: 31.23%
Q3: 59.46%
Average -9 pts over 3 years

In 2020, the financial autonomy of SOCIETE MARSEILLAISE DE F... (28.2%) 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
13.15 years 2020
2018
2019
2020
Q1: 0.0 years
Med: 0.03 years
Q3: 2.04 years
Average +50 pts over 3 years

In 2020, the repayment capacity of SOCIETE MARSEILLAISE DE F... (13.15) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 202.91. 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 18.9x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2020) ?
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

202.914

Interest coverage (2020) ?
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

18.935

Liquidity indicators evolution
SOCIETE MARSEILLAISE DE FONS IMMOBILIERS ET DE COURTAGE

Sector positioning

Liquidity ratio
202.91 2020
2018
2019
2020
Q1: 117.79
Med: 199.58
Q3: 409.72
Good +26 pts over 3 years

In 2020, the liquidity ratio of SOCIETE MARSEILLAISE DE F... (202.91) 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
18.93x 2020
2018
2019
2020
Q1: 0.0x
Med: 0.0x
Q3: 1.04x
Excellent +50 pts over 3 years

In 2020, the interest coverage of SOCIETE MARSEILLAISE DE F... (18.9x) 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: 35 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 28 days. The company must finance 7 days of gap between collections and payments. Overall, WCR represents 27 days of revenue, i.e. 74 k€ to permanently finance. Over 2016-2020, WCR increased by +23%, requiring additional financing.

Operating WCR (2020) ?
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

73 963 €

Customer credit (2020) ?
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

35 j

Supplier credit (2020) ?
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

28 j

Inventory turnover (2020) ?
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 (2020) ?
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

27 j

WCR and payment terms evolution
SOCIETE MARSEILLAISE DE FONS IMMOBILIERS ET DE COURTAGE

Positioning of SOCIETE MARSEILLAISE DE FONS IMMOBILIERS ET DE COURTAGE in its sector

Comparison with sector Agences immobilières

Valuation estimate

Based on 99 transactions of similar company sales in 2020, the value of SOCIETE MARSEILLAISE DE FONS IMMOBILIERS ET DE COURTAGE is estimated at 108 385 € (range 59 510€ - 264 402€). With an EBITDA of 20 819€, the sector multiple of 2.2x is applied. The price/revenue ratio is 0.27x (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 2020
99 tx
59k€ 108k€ 264k€
108 385 € Range: 59 510€ - 264 402€
NAF 5 année 2020

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
20 819 € × 2.2x
Estimation 46 236 €
21 148€ - 136 209€
Revenue Multiple 30%
996 404 € × 0.27x
Estimation 269 189 €
158 554€ - 574 301€
Net Income Multiple 20%
8 960 € × 2.5x
Estimation 22 555 €
6 853€ - 120 040€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 99 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 (Agences immobilières)

Compare SOCIETE MARSEILLAISE DE FONS IMMOBILIERS ET DE COURTAGE with other companies in the same sector:

Voir toutes les statistiques du secteur Agences immobilières

Frequently asked questions about SOCIETE MARSEILLAISE DE FONS IMMOBILIERS ET DE COURTAGE

What is the revenue of SOCIETE MARSEILLAISE DE FONS IMMOBILIERS ET DE COURTAGE ?

The revenue of SOCIETE MARSEILLAISE DE FONS IMMOBILIERS ET DE COURTAGE in 2020 is 996 k€.

Is SOCIETE MARSEILLAISE DE FONS IMMOBILIERS ET DE COURTAGE profitable?

Yes, SOCIETE MARSEILLAISE DE FONS IMMOBILIERS ET DE COURTAGE generated a net profit of 9 k€ in 2020.

Where is the headquarters of SOCIETE MARSEILLAISE DE FONS IMMOBILIERS ET DE COURTAGE ?

The headquarters of SOCIETE MARSEILLAISE DE FONS IMMOBILIERS ET DE COURTAGE is located in MARSEILLE (13008), in the department Bouches-du-Rhone.

Where to find the tax return of SOCIETE MARSEILLAISE DE FONS IMMOBILIERS ET DE COURTAGE ?

The tax return of SOCIETE MARSEILLAISE DE FONS IMMOBILIERS ET DE COURTAGE 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 MARSEILLAISE DE FONS IMMOBILIERS ET DE COURTAGE operate?

SOCIETE MARSEILLAISE DE FONS IMMOBILIERS ET DE COURTAGE operates in the sector Agences immobilières (NAF code 68.31Z). See the 'Sector positioning' section above to compare the company with its competitors.