Bilanea

Sample report

A complete financial report, generated from a demo ledger

Atelier Lumière SAS is a fictional retail company (NAF 47.59B): €1.2M revenue, nine employees, an ongoing loan. The report below is produced live by the Bilanea engine from its ledger file — exactly what you get with your own documents.

The amounts are fictional but consistent: the ledger balances, so does the balance sheet, and cash computed from working capital matches bank balances. On a real company, the AI-written reading and the multi-year history complete this report.

Financial health score

80out of 100A
  • Profitability100
  • Financial structure85
  • Liquidity93
  • Operating cycle35
  • Growth50
  • Solvency90
Altman Z'' score
8.22 (safe zone)
Conan-Holder score
0.39 (low risk)
Rating equivalent (indicative)
3+

Revenue

1.2 M€

EBITDA

195 k€

EBITDA margin 16.3%

Net profit

125.3 k€

Cash flow (CAF)

149.3 k€

Net cash

272 k€

Net debt

-172 k€

-0.9× EBE

What to do now?

Answer yes or no. The answers your accounts already give are pre-filled and can be changed. Every path ends with a concrete action.

Start with the most urgent path. One question at a time; at the end, what to do, with amounts computed from your accounts.

To handle

Cash: meeting the deadlines

Cash €272,000; short-term debts (suppliers, tax, social) €148,750; cash flow from operations €149,250.

  1. Does cash cover the short-term debts?

    From your accounts : Cash €272,000 against €148,750 of short-term debts.

    Yes

  2. Does the business generate cash (positive cash flow from operations)?

    From your accounts : Cash flow from operations €149,250.

    Yes
Good news

Cash under control: build a safety reserve

You hold 5 months of fixed costs (€48,783 a month). Target: at least three months, i.e. €146,349.

What to do

  1. Open a dedicated savings account and transfer a fixed amount every month
  2. Keep a 13-week cash plan updated every Monday
  3. Pay tax and social debts on time to avoid surcharges and penalties

To consider

Financing: what can be borrowed?

Cash flow from operations €149,250; financial debt €100,000; estimated borrowing capacity €185,250.

  1. Can a bank lend on the basis of the current accounts?

    From your accounts : Estimated borrowing capacity €185,250 (repayments covered by cash flow from operations).

    Yes

Does the project to be financed earn more than the cost of credit (about 4.5% a year)?

To consider

Distribute or keep the profit?

Distributable profit €125,250; cash €272,000; recommended reserve of three months of fixed costs €146,349.

  1. Is there a distributable profit?

    From your accounts : Distributable profit €125,250.

    Yes

  2. After distribution, does cash keep three months of fixed costs (€146,349)?

    From your accounts : Cash after full distribution: €146,750.

    Yes

Is an investment or a hire planned within twelve months?

To consider

Invest now?

Estimated borrowing capacity €185,250; cash €272,000.

Do you have a costed project (equipment, premises, hire, development)?

Action plan

Cumulative potential of the actions on profit and cash: €100,274

  1. High priorityCash

    Shorten customer payment terms

    Customers pay in 30 days versus 5 days in your sector. Returning to the median frees about 100 274 € of cash.

    Estimated impact : €100,274 (cash)

  2. Worth exploringSale

    Prepare and maximise the sale value

    Equity value is estimated between 880 391 € and 1 290 517 €. Each extra euro of EBITDA is worth about €4.2 of value; documenting adjustments (owner pay, non-recurring costs) is the fastest lever.

    Estimated impact : €1,054,697 (value)

  3. Worth exploringFinancing

    Available borrowing capacity to invest

    Over 7 years at 4,5 %, the company can raise about 185 250 € within banking norms (annuity ≤ 70% of CAF, net debt ≤ 3.5× EBITDA).

    Estimated impact : €185,250 (value)

Intermediate management balances

Intermediate management balances
Balance2025
Sales of goods€720,000
Gross margin on goods€306,000
Production for the year€480,000
Purchases from third parties€84,000
Value added€702,000
EBITDA (EBE)€195,000
Operating profit€171,000
Profit before tax€167,000
Exceptional result€0
Net profit€125,250
Cash flow from operations (CAF)€149,250
Adjusted EBITDA (leasing)€195,000

Financial structure and cash

Net cash = working capital − requirement. Shareholder current accounts are treated as stable resources.

Permanent capital
€385,250
Net fixed assets
€106,000
Working capital
€279,250
Working capital requirement
€7,250
Operating working capital requirement
€7,250
Non-operating requirement
€0
Net cash
€272,000
Net financial debt
-€172,000

Ratios and sector benchmark

Retail trade — The percentile positions the company in its sector distribution: 100 = best possible position, 50 = median.

Profitability

Profitability
RatioValueSector medianPosition (percentile)
Gross margin rate65.5%36%100
Value added rate58.5%23%100
EBITDA margin16.3%5%100
Net margin10.4%2%100
Return on capital employed (ROCE)44.4%10%100
Return on equity (ROE)43.9%——
Cash flow / revenue12.4%——
Trade margin rate42.5%——

Terms and turnover

Terms and turnover
RatioValueSector medianPosition (percentile)
Days sales outstanding (DSO)30 d5 d0
Days payable outstanding (DPO)30 d40 d33
Days inventory outstanding (DIO)32 d55 d71
Working capital requirement in days of revenue2 d15 d80
Cash in days of revenue83 d——
Working capital in days of revenue85 d——
Asset turnover2.25——
Revenue per employee133.3 k€200 k€26

Structure and leverage

Structure and leverage
RatioValueSector medianPosition (percentile)
Equity ratio53.4%30%87
Net debt / EBITDA-0.9×2×88
Current ratio2.881.1100
Debt repayment capacity0.7 yrs3 yrs79
Financial debt / equity0.35——
Interest coverage (EBITDA / interest)48.75——
Interest / revenue0.3%——
Implied interest rate on debt4%——

Other indicators

Other indicators
RatioValueSector medianPosition (percentile)
External costs / revenue7%12%78
Staff costs / revenue42%15%0
Staff costs / value added71.8%65%37
Depreciation / value added3.4%——
Effective tax rate25%——
Weight of exceptional items0%——
Owner remuneration / EBITDA0%——

Borrowing capacity

Additional borrowing allowed by three banking constraints: total annuities ≤ 70 % of cash flow, net debt ≤ 3.5 × EBITDA, financial debt ≤ 1 × equity.

Recommended capacity (7 years)

€185,250

Existing financial debt

€100,000

Cash flow available for new annuities

€83,808

Current debt service (estimated)

€20,667

Current leverage (net debt / EBITDA)

-0.9×

Debt service coverage (cash flow / annuities)

7.22×

Borrowing capacity
TermRateMaximum amountAnnuityBinding constraint
5 years4.5%€185,250€42,198Gearing
7 years4.5%€185,250€31,437Gearing
10 years4.5%€185,250€23,412Gearing
15 years4.5%€185,250€17,249Gearing

Valuation

Indicative range based on the analysed accounts and sector multiples. It does not replace an independent valuation by a professional.

Estimated equity value

880.4 k€ – 1.3 M€

Central : 1.1 M€

Enterprise value

882.7 k€

Net debt deducted : -172 k€

Confidence index

73%

Valuation
MethodLowCentralHighWeight
Adjusted EBITDA multiple682.5 k€819 k€975 k€40%
Revenue-based scale (goodwill)360 k€600 k€840 k€10%
Net asset value (adjusted book equity)Latent capital gains (property, inventory) are not included without an appraisal.84.7 k€113.3 k€141.8 k€10%
Capitalised normative net income663 k€871.8 k€1.2 M€15%
Discounted cash flows (simplified DCF)1.2 M€1.4 M€1.8 M€25%

Break-even

Assumption: 40% of external costs are variable; staff costs, taxes, depreciation and interest are fixed.

Break-even revenue
€933,652
Break-even point
284 days of activity
Safety margin
22.2%
Contribution margin rate
62.7%
Fixed costs
€585,400
Variable costs
€447,600

Three-year forecast

Three-year forecast
YearBase scenariogrowth 2%/yrOptimisticgrowth 5%/yrPessimisticgrowth -2%/yr
20261.2 M€Cash 388.2 k€1.3 M€Cash 401.8 k€1.2 M€Cash 369.4 k€
20271.2 M€Cash 507.8 k€1.3 M€Cash 540.2 k€1.2 M€Cash 464.6 k€
20281.3 M€Cash 631 k€1.4 M€Cash 687.7 k€1.1 M€Cash 557.9 k€

Generated on 7 Sept 2026 · Bilanea engine 1.2.0

Get the same report for your company

First analysis free, from your ledger or balance sheet.

Analyse my companyHow it works