VOSGES IMMOBILIER ENTREPRENDRE : revenue, balance sheet and financial ratios

In 2024, VOSGES IMMOBILIER ENTREPRENDRE achieves revenue of 637 k€. Revenue is growing positively over 9 years (CAGR: +4.4%). Vs 2023: +2%. After deducting consumption (0 €), gross margin stands at 637 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 123 k€, representing 19.3% of revenue. Warning negative scissor effect: despite revenue change (+2%), EBITDA varies by -32%, reducing margin by 9.4 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -436 k€ (-68.4% of revenue), which will impact equity.

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 79%. 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 0.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 42.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

The liquidity ratio (= Current assets / Current liabilities) stands at 257.27. 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 325.1x. Operating income very largely covers interest expenses: high safety margin.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 42 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 248 days. Excellent situation: suppliers finance 206 days of the operating cycle (retail model). Inventory turnover is 52 days (= Average inventory / Cost of goods x 360). WCR is negative (-1262 days): operations structurally generate cash. Notable WCR improvement over the period (-1227%), freeing up cash.

Based on 113 transactions of similar company sales (all years), the value of VOSGES IMMOBILIER ENTREPRENDRE is estimated at 306 708 € (range 123 966€ - 490 859€). With an EBITDA of 122 989€, the sector multiple of 3.6x is applied. The price/revenue ratio is 0.11x (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.