THE BOARD GAME STRATEGIST : revenue, balance sheet and financial ratios
THE BOARD GAME STRATEGIST is a French company
founded 9 years ago,
specialized in the sector Activités des sièges sociaux.
Based in BORDEAUX (33000),
this company of category PME
shows in 2025 a revenue of 664 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - THE BOARD GAME STRATEGIST (SIREN 825189293)
Indicator
2025
2024
2023
2022
2021
Revenue
664 224 €
554 221 €
402 653 €
374 629 €
110 270 €
Net income
350 072 €
236 042 €
263 667 €
527 104 €
393 091 €
EBITDA
11 086 €
-2 317 €
23 020 €
9 673 €
-5 382 €
Net margin
52.7%
42.6%
65.5%
140.7%
356.5%
Revenue and income statement
In 2025, THE BOARD GAME STRATEGIST achieves revenue of 664 k€. Over the period 2021-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +56.7%. Vs 2024, growth of +20% (554 k€ -> 664 k€). After deducting consumption (0 €), gross margin stands at 664 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 11 k€, representing 1.7% of revenue. Positive scissor effect: EBITDA margin improves by +2.1 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 350 k€, i.e. 52.7% of revenue. This profit can be retained or distributed to shareholders.
Revenue (2025)
?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production
664 224 €
Gross margin (2025)
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Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
664 224 €
EBITDA (2025)
?
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
11 086 €
EBIT (2025)
?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
11 282 €
Net income (2025)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
350 072 €
EBITDA margin (2025)
?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability 5-10% : Average < 5% : Low
1.7%
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 6%. 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 90%. 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 0.4 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 51.5% 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 (2025)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
5.898%
Financial autonomy (2025)
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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
89.995%
Cash flow / Revenue (2025)
?
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
51.456%
Repayment capacity (2025)
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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
0.378
Asset age ratio (2025)
?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Solvency indicators evolution THE BOARD GAME STRATEGIST
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2021
2022
2023
2024
2025
Debt ratio
41.014
17.655
42.998
18.332
5.898
Financial autonomy
68.585
81.828
68.272
80.441
89.995
Repayment capacity
0.869
0.456
1.855
2.195
0.378
Cash flow / Revenue
356.48%
140.7%
93.446%
28.03%
51.456%
Sector positioning
Debt ratio
5.92025
2023
2024
2025
Q1: 0.09
Med: 12.76
Q3: 78.81
Good-21 pts over 3 years
In 2025, the debt ratio of THE BOARD GAME STRATEGIST (5.90) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
Financial autonomy
90.0%2025
2023
2024
2025
Q1: 14.02%
Med: 56.52%
Q3: 88.87%
Excellent+12 pts over 3 years
In 2025, the financial autonomy of THE BOARD GAME STRATEGIST (90.0%) 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
0.38 years2025
2023
2024
2025
Q1: 0.0 years
Med: 0.28 years
Q3: 3.38 years
Average-10 pts over 3 years
In 2025, the repayment capacity of THE BOARD GAME STRATEGIST (0.38) 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 2099.09. 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 11.0x. Operating income very largely covers interest expenses: high safety margin.
Liquidity ratio (2025)
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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
2099.093
Interest coverage (2025)
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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
10.969
Liquidity indicators evolution THE BOARD GAME STRATEGIST
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2021
2022
2023
2024
2025
Liquidity ratio
1335.612
1583.699
2987.064
2142.547
2099.093
Interest coverage
-68.135
30.497
575.3
-1290.419
10.969
Sector positioning
Liquidity ratio
2099.092025
2023
2024
2025
Q1: 131.38
Med: 522.59
Q3: 2610.36
Good-6 pts over 3 years
In 2025, the liquidity ratio of THE BOARD GAME STRATEGIST (2099.09) 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
10.97x2025
2023
2024
2025
Q1: -43.56x
Med: 0.0x
Q3: 1.96x
Excellent
In 2025, the interest coverage of THE BOARD GAME STRATEGIST (11.0x) 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) and payment terms
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 29 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 25 days. The company must finance 4 days of gap between collections and payments. Overall, WCR represents 775 days of revenue, i.e. 1.4 M€ to permanently finance. Over 2021-2025, WCR increased by +236%, requiring additional financing.
Operating WCR (2025)
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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
1 430 692 €
Customer credit (2025)
?
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
29 j
Supplier credit (2025)
?
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
25 j
Inventory turnover (2025)
?
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 (2025)
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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
775 j
WCR and payment terms evolution THE BOARD GAME STRATEGIST
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2021
2022
2023
2024
2025
Operating WCR
426 364 €
463 607 €
1 368 130 €
1 388 351 €
1 430 692 €
Inventory turnover (days)
0
0
0
0
0
Customer payment term (days)
240
61
92
49
29
Supplier payment term (days)
45
74
1
14
25
Positioning of THE BOARD GAME STRATEGIST in its sector
Comparison with sector Activités des sièges sociaux
Valuation estimate
Based on 54 transactions of similar company sales
in 2025,
the value of THE BOARD GAME STRATEGIST is estimated at
325 197 €
(range 113 892€ - 554 642€).
With an EBITDA of 11 086€, the sector multiple of 1.1x is applied.
The price/revenue ratio is 0.63x
(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.
Estimated enterprise value2025
54 tx
113k€325k€554k€
325 197 €Range: 113 892€ - 554 642€
NAF 5 année 2025
Valuation detail by method
Ajustez les pondérations selon votre analyse
EBITDA Multiple50%
11 086 €×1.1x
Estimation11 862 €
6 562€ - 28 087€
Revenue Multiple30%
664 224 €×0.63x
Estimation419 010 €
174 275€ - 473 614€
Net Income Multiple20%
350 072 €×2.8x
Estimation967 820 €
291 647€ - 1 992 572€
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 54 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 (Activités des sièges sociaux)
Compare THE BOARD GAME STRATEGIST with other companies in the same sector:
Frequently asked questions about THE BOARD GAME STRATEGIST
What is the revenue of THE BOARD GAME STRATEGIST ?
The revenue of THE BOARD GAME STRATEGIST in 2025 is 664 k€.
Is THE BOARD GAME STRATEGIST profitable?
Yes, THE BOARD GAME STRATEGIST generated a net profit of 350 k€ in 2025.
Where is the headquarters of THE BOARD GAME STRATEGIST ?
The headquarters of THE BOARD GAME STRATEGIST is located in BORDEAUX (33000), in the department Gironde.
Where to find the tax return of THE BOARD GAME STRATEGIST ?
The tax return of THE BOARD GAME STRATEGIST 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 THE BOARD GAME STRATEGIST operate?
THE BOARD GAME STRATEGIST operates in the sector Activités des sièges sociaux (NAF code 70.10Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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