SIREN : 345047419
AFELEC is a French company founded 38 years ago, specialized in the sector Fabrication d'autres articles métalliques. Based in SAINT-SULPICE-LA-POINTE (81370), this company of category ETI shows in 2024 a revenue of 31.3 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 31 281 905 € | 34 225 098 € | 35 466 736 € | 30 269 264 € | 30 788 797 € | 28 279 334 € | 21 493 490 € | 24 025 426 € | 24 122 762 € |
| Net income | -984 116 € | 1 367 798 € | 1 418 087 € | 1 438 761 € | 1 702 744 € | 1 078 036 € | 1 412 632 € | 1 387 156 € | 1 112 480 € |
| EBITDA | -516 698 € | 2 336 767 € | 2 754 358 € | 2 811 822 € | 3 253 345 € | 2 202 246 € | 1 322 325 € | 1 960 330 € | 2 465 730 € |
| Net margin | -3.1% | 4.0% | 4.0% | 4.8% | 5.5% | 3.8% | 6.6% | 5.8% | 4.6% |
In 2024, AFELEC achieves revenue of 31.3 M€. Revenue is growing positively over 9 years (CAGR: +3.3%). Slight decline of -9% vs 2023. After deducting consumption (14.9 M€), gross margin stands at 16.4 M€, i.e. a rate of 52%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -517 k€, representing -1.7% of revenue. Warning negative scissor effect: despite revenue change (-9%), EBITDA varies by -122%, reducing margin by 8.5 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -984 k€ (-3.1% of revenue), which will impact equity.
31 281 905 €
16 401 936 €
-516 698 €
-851 920 €
-984 116 €
-1.7%
The debt ratio (= Financial debt / Equity x 100) stands at 13%. 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 41%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
12.988%
41.489%
-2.826%
-1.151
15.8%
In 2024, the debt ratio of AFELEC (12.99) 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 AFELEC (41.5%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2024, the repayment capacity of AFELEC (-1.15) 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 176.24. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
176.235
-2.862
In 2024, the liquidity ratio of AFELEC (176.24) 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 AFELEC (-2.9x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 46 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 77 days. Excellent situation: suppliers finance 31 days of the operating cycle (retail model). Inventory turnover is 99 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 102 days of revenue, i.e. 8.8 M€ to permanently finance.
8 841 205 €
46 j
77 j
99 j
102 j
Indicative estimate only : the number of comparable transactions in this sector is limited (26 transactions). This range of 4 478 363€ to 10 497 514€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 26 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 AFELEC with other companies in the same sector:
Voir toutes les statistiques du secteur Fabrication d'autres articles métalliques
The revenue of AFELEC in 2024 is 31.3 M€.
AFELEC recorded a net loss in 2024.
The headquarters of AFELEC is located in SAINT-SULPICE-LA-POINTE (81370), in the department Tarn.
The tax return of AFELEC 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).
AFELEC operates in the sector Fabrication d'autres articles métalliques (NAF code 25.99B). See the 'Sector positioning' section above to compare the company with its competitors.