SIREN : 453678609
THE BLIND PIPER is a French company founded 22 years ago, specialized in the sector Débits de boissons. Based in BREST (29200), this company of category PME shows in 2025 a revenue of 689 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
| Indicator | 2025 | 2024 | 2017 |
|---|---|---|---|
| Revenue | 689 228 € | 613 956 € | 609 055 € |
| Net income | 54 086 € | 36 568 € | 41 549 € |
| EBITDA | 91 468 € | 64 582 € | 132 564 € |
| Net margin | 7.8% | 6.0% | 6.8% |
In 2025, THE BLIND PIPER achieves revenue of 689 k€. Revenue is growing positively over 3 years (CAGR: +1.6%). Vs 2024, growth of +12% (614 k€ -> 689 k€). After deducting consumption (253 k€), gross margin stands at 436 k€, i.e. a rate of 63%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 91 k€, representing 13.3% of revenue. Positive scissor effect: EBITDA margin improves by +2.8 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 54 k€, i.e. 7.8% of revenue. This profit can be retained or distributed to shareholders.
689 228 €
435 972 €
91 468 €
75 360 €
54 086 €
13.3%
The debt ratio (= Financial debt / Equity x 100) stands at 40%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 67%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 3.2 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 9.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
40.248%
66.751%
9.138%
3.211
13.5%
In 2025, the debt ratio of THE BLIND PIPER (40.25) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2025, the financial autonomy of THE BLIND PIPER (66.8%) 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.
In 2025, the repayment capacity of THE BLIND PIPER (3.21) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.
The liquidity ratio (= Current assets / Current liabilities) stands at 394.30. 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 4.9x. Financial charges are adequately covered by operations.
394.302
4.949
In 2025, the liquidity ratio of THE BLIND PIPER (394.30) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.
In 2025, the interest coverage of THE BLIND PIPER (5.0x) 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) 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: 18 days. Favorable situation: supplier credit is longer than customer credit by 18 days. Inventory turnover is 25 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 67 days of revenue, i.e. 128 k€ to permanently finance. Over 2017-2025, WCR increased by +238%, requiring additional financing.
128 045 €
0 j
18 j
25 j
67 j
Based on 66 transactions of similar company sales
in 2025,
the value of THE BLIND PIPER is estimated at
568 950 €
(range 376 139€ - 961 221€).
With an EBITDA of 91 468€, the sector multiple of 7.6x is applied.
The price/revenue ratio is 0.70x
(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.
Medium reliability: estimate to be confirmed with in-depth analysis.
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This estimate is based on the analysis of 66 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare THE BLIND PIPER with other companies in the same sector:
The revenue of THE BLIND PIPER in 2025 is 689 k€.
Yes, THE BLIND PIPER generated a net profit of 54 k€ in 2025.
The headquarters of THE BLIND PIPER is located in BREST (29200), in the department Finistere.
The tax return of THE BLIND PIPER 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).
THE BLIND PIPER operates in the sector Débits de boissons (NAF code 56.30Z). See the 'Sector positioning' section above to compare the company with its competitors.