SIREN : 322322611
WESTERZEE FRANCE is a French company founded 46 years ago, specialized in the sector Activités des agents et courtiers d'assurances. Based in VALBONNE (06560), this company of category PME shows in 2024 a revenue of 347 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-04-25
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 346 788 € | 320 883 € | 301 218 € | 289 969 € | 314 641 € | 318 882 € | 310 675 € | 308 608 € | 297 508 € |
| Net income | 76 848 € | 59 855 € | 46 917 € | 36 996 € | 51 719 € | 37 111 € | 25 130 € | 32 684 € | 14 151 € |
| EBITDA | 63 718 € | 47 936 € | 28 172 € | 19 325 € | 41 107 € | 21 210 € | 9 541 € | 13 587 € | -10 080 € |
| Net margin | 22.2% | 18.7% | 15.6% | 12.8% | 16.4% | 11.6% | 8.1% | 10.6% | 4.8% |
In 2024, WESTERZEE FRANCE achieves revenue of 347 k€. Revenue is growing positively over 9 years (CAGR: +1.9%). Vs 2023: +8%. After deducting consumption (0 €), gross margin stands at 347 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 64 k€, representing 18.4% of revenue. Positive scissor effect: EBITDA margin improves by +3.4 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 77 k€, i.e. 22.2% of revenue. This profit can be retained or distributed to shareholders.
346 788 €
346 788 €
63 718 €
94 532 €
76 848 €
18.4%
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 50%. 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 0.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 23.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
0.089%
50.426%
23.283%
0.001
23.7%
In 2024, the debt ratio of WESTERZEE FRANCE (0.09) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2024, the financial autonomy of WESTERZEE FRANCE (50.4%) 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.
In 2024, the repayment capacity of WESTERZEE FRANCE (0.00) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.
The liquidity ratio (= Current assets / Current liabilities) stands at 184.88. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
184.876
0.0
In 2024, the liquidity ratio of WESTERZEE FRANCE (184.88) 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.
In 2024, the interest coverage of WESTERZEE FRANCE (0.0x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.
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: 218 days. Excellent situation: suppliers finance 213 days of the operating cycle (retail model). WCR is negative (-26 days): operations structurally generate cash. Notable WCR improvement over the period (-454%), freeing up cash.
-25 059 €
5 j
218 j
0 j
-26 j
Based on 193 transactions of similar company sales (all years), the value of WESTERZEE FRANCE is estimated at 171 712 € (range 53 097€ - 528 204€). With an EBITDA of 63 718€, the sector multiple of 1.2x is applied. The price/revenue ratio is 0.98x (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.
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This estimate is based on the analysis of 193 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 WESTERZEE FRANCE with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des agents et courtiers d'assurances
The revenue of WESTERZEE FRANCE in 2024 is 347 k€.
Yes, WESTERZEE FRANCE generated a net profit of 77 k€ in 2024.
The headquarters of WESTERZEE FRANCE is located in VALBONNE (06560), in the department Alpes-Maritimes.
The tax return of WESTERZEE FRANCE 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).
WESTERZEE FRANCE operates in the sector Activités des agents et courtiers d'assurances (NAF code 66.22Z). See the 'Sector positioning' section above to compare the company with its competitors.