SIREN : 529641862
WM88 is a French company founded 15 years ago, specialized in the sector Fabrication de meubles de cuisine . Based in CHATENOIS (88170), this company of category ETI shows in 2024 a revenue of 48.1 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 | 2019 | 2018 | 2017 | 2015 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 48 136 174 € | 49 180 339 € | 42 095 696 € | 36 195 819 € | 44 942 362 € | 45 429 266 € | 46 093 107 € | 40 943 694 € |
| Net income | -1 868 673 € | -1 232 023 € | -589 932 € | -49 443 € | 1 164 850 € | 1 553 644 € | 1 571 677 € | 331 575 € |
| EBITDA | 803 964 € | 1 788 555 € | 1 151 455 € | 420 111 € | 1 794 769 € | 2 169 440 € | 2 915 842 € | 1 079 163 € |
| Net margin | -3.9% | -2.5% | -1.4% | -0.1% | 2.6% | 3.4% | 3.4% | 0.8% |
In 2024, WM88 achieves revenue of 48.1 M€. Revenue is growing positively over 8 years (CAGR: +1.8%). Slight decline of -2% vs 2023. After deducting consumption (20.4 M€), gross margin stands at 27.7 M€, i.e. a rate of 58%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 804 k€, representing 1.7% of revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -1.9 M€ (-3.9% of revenue), which will impact equity.
48 136 174 €
27 747 686 €
803 964 €
-890 103 €
-1 868 673 €
1.7%
The debt ratio (= Financial debt / Equity x 100) stands at 179%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 16%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
178.801%
15.512%
-0.572%
-22.64
43.2%
In 2024, the debt ratio of WM88 (178.80) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.
In 2024, the financial autonomy of WM88 (15.5%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.
In 2024, the repayment capacity of WM88 (-22.64) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.
The liquidity ratio (= Current assets / Current liabilities) stands at 117.89. 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 82.1x. Operating income very largely covers interest expenses: high safety margin.
117.889
82.087
In 2024, the liquidity ratio of WM88 (117.89) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.
In 2024, the interest coverage of WM88 (82.1x) 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: 18 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 40 days. Favorable situation: supplier credit is longer than customer credit by 22 days. Inventory turnover is 67 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 50 days of revenue, i.e. 6.7 M€ to permanently finance.
6 679 376 €
18 j
40 j
67 j
50 j
Indicative estimate only : the number of comparable transactions in this sector is limited (40 transactions). This range of 3 422 207€ to 8 680 923€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 40 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 WM88 with other companies in the same sector:
Voir toutes les statistiques du secteur Fabrication de meubles de cuisine
The revenue of WM88 in 2024 is 48.1 M€.
WM88 recorded a net loss in 2024.
The headquarters of WM88 is located in CHATENOIS (88170), in the department Vosges.
The tax return of WM88 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).
WM88 operates in the sector Fabrication de meubles de cuisine (NAF code 31.02Z). See the 'Sector positioning' section above to compare the company with its competitors.