SOCIETE MERIDIONALE DE GESTION IMMOBILIERE : revenue, balance sheet and financial ratios

SOCIETE MERIDIONALE DE GESTION IMMOBILIERE is a French company founded 37 years ago, specialized in the sector Location de terrains et d'autres biens immobiliers. Based in MARSEILLE (13008), this company of category PME shows in 2024 a revenue of 29 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 MERIDIONALE DE GESTION IMMOBILIERE (SIREN 350581229)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue 29 400 € N/C 17 068 € 10 779 € 10 680 € 8 900 € N/C 4 169 € 4 121 € 18 313 €
Net income -5 739 € 0 € -9 013 € -5 011 € -12 195 € -4 923 € -6 324 € 4 395 € -2 044 € 1 898 €
EBITDA 17 106 € N/C 5 324 € 6 076 € 5 387 € 180 € -5 020 € -406 € -1 462 € 6 055 €
Net margin -19.5% N/C -52.8% -46.5% -114.2% -55.3% N/C 105.4% -49.6% 10.4%

Revenue and income statement

In 2024, SOCIETE MERIDIONALE DE GESTION IMMOBILIERE achieves revenue of 29 k€. Over the period 2015-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +5.4%. After deducting consumption (41 €), gross margin stands at 29 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 17 k€, representing 58.2% of revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -6 k€ (-19.5% 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

29 400 €

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

29 359 €

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

17 106 €

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

-3 061 €

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

-5 739 €

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

58.2%

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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 93%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 32%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 19.0 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 49.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

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

92.922%

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

32.376%

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

49.071%

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

18.997

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

89.8%

Solvency indicators evolution
SOCIETE MERIDIONALE DE GESTION IMMOBILIERE

Sector positioning

Debt ratio
92.92 2024
2022
2023
2024
Q1: -20.62
Med: 5.98
Q3: 146.83
Average -10 pts over 3 years

In 2024, the debt ratio of SOCIETE MERIDIONALE DE GE... (92.92) 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
32.38% 2024
2022
2023
2024
Q1: 0.04%
Med: 27.47%
Q3: 73.82%
Good -12 pts over 3 years

In 2024, the financial autonomy of SOCIETE MERIDIONALE DE GE... (32.4%) 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
19.0 years 2024
2022
2024
Q1: -0.02 years
Med: 0.65 years
Q3: 10.57 years
Average

In 2024, the repayment capacity of SOCIETE MERIDIONALE DE GE... (19.00) 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 1.07. Coverage is just sufficient: any customer payment delay could create cash tensions. The interest coverage ratio (= EBIT / Interest expenses) is 26.2x. 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

1.074

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

26.225

Liquidity indicators evolution
SOCIETE MERIDIONALE DE GESTION IMMOBILIERE

Sector positioning

Liquidity ratio
1.07 2024
2022
2024
Q1: 83.33
Med: 307.99
Q3: 1318.25
Watch

In 2024, the liquidity ratio of SOCIETE MERIDIONALE DE GE... (1.07) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
26.23x 2024
2022
2024
Q1: 0.0x
Med: 0.0x
Q3: 20.04x
Excellent

In 2024, the interest coverage of SOCIETE MERIDIONALE DE GE... (26.2x) 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: 5 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 0 days. The company must finance 5 days of gap between collections and payments. WCR is negative (-3392 days): operations structurally generate cash. Notable WCR improvement over the period (-2974%), freeing up cash.

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

-276 991 €

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

5 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

0 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

-3392 j

WCR and payment terms evolution
SOCIETE MERIDIONALE DE GESTION IMMOBILIERE

Positioning of SOCIETE MERIDIONALE DE GESTION IMMOBILIERE in its sector

Comparison with sector Location de terrains et d'autres biens immobiliers

Valuation estimate

Based on 169 transactions of similar company sales in 2024, the value of SOCIETE MERIDIONALE DE GESTION IMMOBILIERE is estimated at 68 762 € (range 19 246€ - 123 442€). With an EBITDA of 17 106€, the sector multiple of 5.6x is applied. The price/revenue ratio is 0.81x (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 2024
169 transactions
19k€ 68k€ 123k€
68 762 € Range: 19 246€ - 123 442€
NAF 5 année 2024

Valuation detail by method

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EBITDA Multiple 50%
17 106 € × 5.6x
Estimation 95 791 €
25 356€ - 170 975€
Revenue Multiple 30%
29 400 € × 0.81x
Estimation 23 715 €
9 062€ - 44 222€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 169 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 terrains et d'autres biens immobiliers)

Compare SOCIETE MERIDIONALE DE GESTION IMMOBILIERE with other companies in the same sector:

Voir toutes les statistiques du secteur Location de terrains et d'autres biens immobiliers

Frequently asked questions about SOCIETE MERIDIONALE DE GESTION IMMOBILIERE

What is the revenue of SOCIETE MERIDIONALE DE GESTION IMMOBILIERE ?

The revenue of SOCIETE MERIDIONALE DE GESTION IMMOBILIERE in 2024 is 29 k€.

Is SOCIETE MERIDIONALE DE GESTION IMMOBILIERE profitable?

SOCIETE MERIDIONALE DE GESTION IMMOBILIERE recorded a net loss in 2024.

Where is the headquarters of SOCIETE MERIDIONALE DE GESTION IMMOBILIERE ?

The headquarters of SOCIETE MERIDIONALE DE GESTION IMMOBILIERE is located in MARSEILLE (13008), in the department Bouches-du-Rhone.

Where to find the tax return of SOCIETE MERIDIONALE DE GESTION IMMOBILIERE ?

The tax return of SOCIETE MERIDIONALE DE GESTION IMMOBILIERE 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 MERIDIONALE DE GESTION IMMOBILIERE operate?

SOCIETE MERIDIONALE DE GESTION IMMOBILIERE operates in the sector Location de terrains et d'autres biens immobiliers (NAF code 68.20B). See the 'Sector positioning' section above to compare the company with its competitors.