ALTEC : revenue, balance sheet and financial ratios

ALTEC is a French company founded 26 years ago, specialized in the sector Activités liées aux systèmes de sécurité . Based in SAINT-ANDRE-DE-LA-ROCHE (06730), this company of category PME shows in 2021 a revenue of 2.2 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 - ALTEC (SIREN 424784395)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017
Revenue N/C N/C N/C 2 193 326 € 2 404 365 € 2 107 992 € 1 733 104 € 1 580 273 €
Net income 261 053 € 180 402 € 103 922 € 146 956 € 152 658 € 134 847 € 51 159 € 3 020 €
EBITDA N/C N/C N/C 247 111 € 331 530 € 163 383 € 41 559 € 10 502 €
Net margin N/C N/C N/C 6.7% 6.3% 6.4% 3.0% 0.2%

Revenue and income statement

In 2024, ALTEC generates positive net income of 261 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2017-2024: 3 k€ -> 261 k€.

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

261 053 €

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Chart evolution

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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 72%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 34%. The balance between equity and debt is satisfactory.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

72.077%

Financial autonomy (2024) ?
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

33.987%

Asset age ratio (2024) ?
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

49.6%

Solvency indicators evolution
ALTEC

Sector positioning

Debt ratio
72.08 2024
2022
2023
2024
Q1: 0.0
Med: 11.1
Q3: 48.48
Watch

In 2024, the debt ratio of ALTEC (72.08) 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.

Financial autonomy
33.99% 2024
2022
2023
2024
Q1: 10.44%
Med: 30.04%
Q3: 53.5%
Good +10 pts over 3 years

In 2024, the financial autonomy of ALTEC (34.0%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 180.69. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2024) ?
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

180.689

Liquidity indicators evolution
ALTEC

Sector positioning

Liquidity ratio
180.69 2024
2022
2023
2024
Q1: 126.82
Med: 184.2
Q3: 276.91
Average

In 2024, the liquidity ratio of ALTEC (180.69) 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.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.

Operating WCR (2024) ?
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

0 €

Customer credit (2024) ?
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

0 j

Supplier credit (2024) ?
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

0 j

Inventory turnover (2024) ?
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

0 j

WCR and payment terms evolution
ALTEC

Positioning of ALTEC in its sector

Comparison with sector Activités liées aux systèmes de sécurité

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (21 transactions). This range of 55 937€ to 857 436€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
55k€ 136k€ 857k€
136 331 € Range: 55 937€ - 857 436€
NAF 5 all-time
How is this estimate calculated?

This estimate is based on the analysis of 21 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 (Activités liées aux systèmes de sécurité )

Compare ALTEC with other companies in the same sector:

Frequently asked questions about ALTEC

What is the revenue of ALTEC ?

The revenue of ALTEC in 2021 is 2.2 M€.

Is ALTEC profitable?

Yes, ALTEC generated a net profit of 261 k€ in 2024.

Where is the headquarters of ALTEC ?

The headquarters of ALTEC is located in SAINT-ANDRE-DE-LA-ROCHE (06730), in the department Alpes-Maritimes.

Where to find the tax return of ALTEC ?

The tax return of ALTEC 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 ALTEC operate?

ALTEC operates in the sector Activités liées aux systèmes de sécurité (NAF code 80.20Z). See the 'Sector positioning' section above to compare the company with its competitors.