SIREN : 331760900
WHAT'S COOKING RENNES is a French company founded 41 years ago, specialized in the sector Fabrication de plats préparés. Based in LAILLE (35890), this company of category GE shows in 2024 a revenue of 56.8 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-09
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 56 783 910 € | 52 840 025 € | 50 581 757 € | 50 880 748 € | 49 795 108 € | 48 862 064 € | 46 605 523 € | 45 774 928 € | 45 863 699 € |
| Net income | 2 379 458 € | 1 132 756 € | -632 298 € | 2 911 561 € | 1 990 142 € | 2 042 245 € | 2 284 828 € | 2 398 526 € | 2 385 438 € |
| EBITDA | 4 370 116 € | 1 361 472 € | 500 347 € | 5 453 994 € | 4 213 376 € | 4 398 430 € | 4 698 159 € | 5 080 985 € | 4 620 511 € |
| Net margin | 4.2% | 2.1% | -1.3% | 5.7% | 4.0% | 4.2% | 4.9% | 5.2% | 5.2% |
In 2024, WHAT'S COOKING RENNES achieves revenue of 56.8 M€. Revenue is growing positively over 9 years (CAGR: +2.7%). Vs 2023: +7%. After deducting consumption (33.8 M€), gross margin stands at 23.0 M€, i.e. a rate of 40%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 4.4 M€, representing 7.7% of revenue. Positive scissor effect: EBITDA margin improves by +5.1 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 2.4 M€, i.e. 4.2% of revenue. This profit can be retained or distributed to shareholders.
56 783 910 €
22 956 348 €
4 370 116 €
2 951 087 €
2 379 458 €
7.7%
The debt ratio (= Financial debt / Equity x 100) stands at 2%. 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 57%. 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 6.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
2.098%
57.012%
6.073%
0.083
13.6%
In 2024, the debt ratio of WHAT'S COOKING RENNES (2.10) 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 WHAT'S COOKING RENNES (57.0%) 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.
In 2024, the repayment capacity of WHAT'S COOKING RENNES (0.08) 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 133.69. 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 0.1x. Danger: operating income does not cover interest charges, unsustainable situation.
133.686
0.124
In 2024, the liquidity ratio of WHAT'S COOKING RENNES (133.69) 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 WHAT'S COOKING RENNES (0.1x) 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: 21 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 53 days. Excellent situation: suppliers finance 32 days of the operating cycle (retail model). Inventory turnover is 55 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 56 days of revenue, i.e. 8.8 M€ to permanently finance. Over 2016-2024, WCR increased by +243%, requiring additional financing.
8 820 813 €
21 j
53 j
55 j
56 j
Based on 92 transactions of similar company sales
(all years),
the value of WHAT'S COOKING RENNES is estimated at
19 276 446 €
(range 5 654 031€ - 33 834 225€).
With an EBITDA of 4 370 116€, the sector multiple of 4.6x is applied.
The price/revenue ratio is 0.46x
(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.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 92 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 WHAT'S COOKING RENNES with other companies in the same sector:
Voir toutes les statistiques du secteur Fabrication de plats préparés
The revenue of WHAT'S COOKING RENNES in 2024 is 56.8 M€.
Yes, WHAT'S COOKING RENNES generated a net profit of 2.4 M€ in 2024.
The headquarters of WHAT'S COOKING RENNES is located in LAILLE (35890), in the department Ille-et-Vilaine.
The tax return of WHAT'S COOKING RENNES 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).
WHAT'S COOKING RENNES operates in the sector Fabrication de plats préparés (NAF code 10.85Z). See the 'Sector positioning' section above to compare the company with its competitors.