ALPES FLEXIBLES : revenue, balance sheet and financial ratios

ALPES FLEXIBLES is a French company founded 23 years ago, specialized in the sector Fabrication d'équipements hydrauliques et pneumatiques. Based in SAINT-MARTIN-D'HERES (38400), this company of category PME shows in 2025 a revenue of 2.3 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

Financial history - ALPES FLEXIBLES (SIREN 443313929)
Indicator 2025 2024 2023 2022 2021 2020 2019 2018 2017
Revenue 2 341 704 € 2 059 166 € 2 211 929 € 1 969 929 € 1 545 971 € 1 359 570 € 1 363 513 € 1 216 685 € 988 966 €
Net income 194 711 € 60 397 € 198 936 € 225 381 € 150 732 € 132 815 € 172 270 € 144 354 € 66 548 €
EBITDA 374 285 € 308 283 € 472 430 € 420 055 € 236 512 € 204 077 € 287 355 € 268 949 € 119 498 €
Net margin 8.3% 2.9% 9.0% 11.4% 9.7% 9.8% 12.6% 11.9% 6.7%

Revenue and income statement

In 2025, ALPES FLEXIBLES achieves revenue of 2.3 M€. Over the period 2017-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +11.4%. Vs 2024, growth of +14% (2.1 M€ -> 2.3 M€). After deducting consumption (667 k€), gross margin stands at 1.7 M€, i.e. a rate of 71%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 374 k€, representing 16.0% of revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 195 k€, i.e. 8.3% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2025) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

2 341 704 €

Gross margin (2025) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

1 674 239 €

EBITDA (2025) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

374 285 €

EBIT (2025) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

286 868 €

Net income (2025) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

194 711 €

EBITDA margin (2025) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

16.0%

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 74%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 40%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 9.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

Debt ratio (2025) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

74.084%

Financial autonomy (2025) ?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy
20-30% : Average
< 20% : Low

39.763%

Cash flow / Revenue (2025) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

9.8%

Repayment capacity (2025) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

2.128

Asset age ratio (2025) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

48.2%

Solvency indicators evolution
ALPES FLEXIBLES

Sector positioning

Debt ratio
74.08 2025
2023
2024
2025
Q1: 3.78
Med: 21.61
Q3: 75.49
Average

In 2025, the debt ratio of ALPES FLEXIBLES (74.08) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
39.76% 2025
2023
2024
2025
Q1: 31.91%
Med: 58.82%
Q3: 75.28%
Average

In 2025, the financial autonomy of ALPES FLEXIBLES (39.8%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
2.13 years 2025
2023
2024
2025
Q1: 0.07 years
Med: 0.74 years
Q3: 2.11 years
Average +16 pts over 3 years

In 2025, the repayment capacity of ALPES FLEXIBLES (2.13) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 268.19. 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 4.8x. Financial charges are adequately covered by operations.

Liquidity ratio (2025) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

268.188

Interest coverage (2025) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

4.84

Liquidity indicators evolution
ALPES FLEXIBLES

Sector positioning

Liquidity ratio
268.19 2025
2023
2024
2025
Q1: 187.52
Med: 319.95
Q3: 462.71
Average

In 2025, the liquidity ratio of ALPES FLEXIBLES (268.19) 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.

Interest coverage
4.84x 2025
2023
2024
2025
Q1: 0.91x
Med: 3.03x
Q3: 8.22x
Good +21 pts over 3 years

In 2025, the interest coverage of ALPES FLEXIBLES (4.8x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 53 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 39 days. The company must finance 14 days of gap between collections and payments. Inventory turnover is 103 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 108 days of revenue, i.e. 700 k€ to permanently finance. Over 2017-2025, WCR increased by +65%, requiring additional financing.

Operating WCR (2025) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

699 818 €

Customer credit (2025) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

53 j

Supplier credit (2025) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

39 j

Inventory turnover (2025) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

103 j

WCR in days of revenue (2025) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

108 j

WCR and payment terms evolution
ALPES FLEXIBLES

Positioning of ALPES FLEXIBLES in its sector

Comparison with sector Fabrication d'équipements hydrauliques et pneumatiques

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (37 transactions). This range of 213 788€ to 974 388€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2025
Indicative
213k€ 480k€ 974k€
480 032 € Range: 213 788€ - 974 388€
NAF 4 all-time Aggregated at NAF sub-class level
How is this estimate calculated?

This estimate is based on the analysis of 37 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Fabrication d'équipements hydrauliques et pneumatiques)

Compare ALPES FLEXIBLES with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication d'équipements hydrauliques et pneumatiques

Frequently asked questions about ALPES FLEXIBLES

What is the revenue of ALPES FLEXIBLES ?

The revenue of ALPES FLEXIBLES in 2025 is 2.3 M€.

Is ALPES FLEXIBLES profitable?

Yes, ALPES FLEXIBLES generated a net profit of 195 k€ in 2025.

Where is the headquarters of ALPES FLEXIBLES ?

The headquarters of ALPES FLEXIBLES is located in SAINT-MARTIN-D'HERES (38400), in the department Isere.

Where to find the tax return of ALPES FLEXIBLES ?

The tax return of ALPES FLEXIBLES 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).

In which sector does ALPES FLEXIBLES operate?

ALPES FLEXIBLES operates in the sector Fabrication d'équipements hydrauliques et pneumatiques (NAF code 28.12Z). See the 'Sector positioning' section above to compare the company with its competitors.