SPL BUECH DEVOLUY EXPLOITATION : revenue, balance sheet and financial ratios

SPL BUECH DEVOLUY EXPLOITATION is a French company founded 8 years ago, specialized in the sector Autres activités récréatives et de loisirs. Based in DEVOLUY (05250), this company of category PME shows in 2024 a revenue of 842 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-02

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - SPL BUECH DEVOLUY EXPLOITATION (SIREN 832428668)
Indicator 2024 2022 2021 2020 2019 2018
Revenue 841 798 € 425 957 € 134 296 € 550 411 € 181 026 € N/C
Net income 36 640 € -104 605 € -59 404 € -112 570 € -122 015 € -43 816 €
EBITDA 104 791 € -89 140 € -66 248 € -115 946 € -100 881 € -45 043 €
Net margin 4.4% -24.6% -44.2% -20.5% -67.4% N/C

Revenue and income statement

In 2024, SPL BUECH DEVOLUY EXPLOITATION achieves revenue of 842 k€. Over the period 2019-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +36.0%. Vs 2022, growth of +98% (426 k€ -> 842 k€). After deducting consumption (14 k€), gross margin stands at 828 k€, i.e. a rate of 98%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 105 k€, representing 12.4% of revenue. Positive scissor effect: EBITDA margin improves by +33.4 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 37 k€, i.e. 4.4% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

841 798 €

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

828 286 €

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

104 791 €

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

55 014 €

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

36 640 €

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

12.4%

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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 0%. 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 51%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Cash flow represents 4.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

0.0%

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

50.977%

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

4.324%

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

0.0

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

58.9%

Solvency indicators evolution
SPL BUECH DEVOLUY EXPLOITATION

Sector positioning

Debt ratio
0.0 2024
2021
2022
2024
Q1: 0.0
Med: 15.92
Q3: 90.38
Excellent

In 2024, the debt ratio of SPL BUECH DEVOLUY EXPLOIT... (0.00) 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
50.98% 2024
2021
2022
2024
Q1: 0.15%
Med: 23.15%
Q3: 52.92%
Good +48 pts over 3 years

In 2024, the financial autonomy of SPL BUECH DEVOLUY EXPLOIT... (51.0%) 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
0.0 years 2024
2021
2022
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 1.84 years
Excellent

In 2024, the repayment capacity of SPL BUECH DEVOLUY EXPLOIT... (0.00) 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 167.54. 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 0.0x. Danger: operating income does not cover interest charges, unsustainable situation.

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

167.541

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

0.001

Liquidity indicators evolution
SPL BUECH DEVOLUY EXPLOITATION

Sector positioning

Liquidity ratio
167.54 2024
2021
2022
2024
Q1: 89.72
Med: 169.23
Q3: 360.87
Average +24 pts over 3 years

In 2024, the liquidity ratio of SPL BUECH DEVOLUY EXPLOIT... (167.54) 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
0.0x 2024
2021
2022
2024
Q1: 0.0x
Med: 0.0x
Q3: 3.13x
Good +25 pts over 3 years

In 2024, the interest coverage of SPL BUECH DEVOLUY EXPLOIT... (0.0x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

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: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 92 days. Excellent situation: suppliers finance 92 days of the operating cycle (retail model). Inventory turnover is 4 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 34 days of revenue, i.e. 80 k€ 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

80 434 €

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

0 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

92 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

4 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

34 j

WCR and payment terms evolution
SPL BUECH DEVOLUY EXPLOITATION

Positioning of SPL BUECH DEVOLUY EXPLOITATION in its sector

Comparison with sector Autres activités récréatives et de loisirs

Valuation estimate

Based on 114 transactions of similar company sales (all years), the value of SPL BUECH DEVOLUY EXPLOITATION is estimated at 506 023 € (range 271 686€ - 872 607€). With an EBITDA of 104 791€, the sector multiple of 5.1x is applied. The price/revenue ratio is 0.72x (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
114 transactions
271k€ 506k€ 872k€
506 023 € Range: 271 686€ - 872 607€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
104 791 € × 5.1x
Estimation 534 362 €
309 290€ - 834 735€
Revenue Multiple 30%
841 798 € × 0.72x
Estimation 607 245 €
279 998€ - 1 153 736€
Net Income Multiple 20%
36 640 € × 7.7x
Estimation 283 345 €
165 211€ - 545 599€
How is this estimate calculated?

This estimate is based on the analysis of 114 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 activités récréatives et de loisirs)

Compare SPL BUECH DEVOLUY EXPLOITATION with other companies in the same sector:

Voir toutes les statistiques du secteur Autres activités récréatives et de loisirs

Frequently asked questions about SPL BUECH DEVOLUY EXPLOITATION

What is the revenue of SPL BUECH DEVOLUY EXPLOITATION ?

The revenue of SPL BUECH DEVOLUY EXPLOITATION in 2024 is 842 k€.

Is SPL BUECH DEVOLUY EXPLOITATION profitable?

Yes, SPL BUECH DEVOLUY EXPLOITATION generated a net profit of 37 k€ in 2024.

Where is the headquarters of SPL BUECH DEVOLUY EXPLOITATION ?

The headquarters of SPL BUECH DEVOLUY EXPLOITATION is located in DEVOLUY (05250), in the department Hautes-Alpes.

Where to find the tax return of SPL BUECH DEVOLUY EXPLOITATION ?

The tax return of SPL BUECH DEVOLUY EXPLOITATION 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 SPL BUECH DEVOLUY EXPLOITATION operate?

SPL BUECH DEVOLUY EXPLOITATION operates in the sector Autres activités récréatives et de loisirs (NAF code 93.29Z). See the 'Sector positioning' section above to compare the company with its competitors.