AQUACLIM SERVICE : revenue, balance sheet and financial ratios

AQUACLIM SERVICE is a French company founded 17 years ago, specialized in the sector Travaux d'installation d'équipements thermiques et de climatisation. Based in QUEVEN (56530), this company of category PME shows in 2024 a revenue of 11.0 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-18

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - AQUACLIM SERVICE (SIREN 510717036)
Indicator 2024 2023 2021 2020 2019 2018 2017 2016
Revenue 10 980 372 € 13 724 478 € 9 517 140 € 6 694 774 € 5 151 891 € 2 431 067 € 2 059 903 € 1 745 781 €
Net income -688 452 € 130 710 € 302 144 € 236 063 € 161 041 € 69 467 € 49 151 € 34 301 €
EBITDA -217 254 € 263 791 € 367 024 € 249 118 € 252 422 € 95 663 € 76 187 € 58 607 €
Net margin -6.3% 1.0% 3.2% 3.5% 3.1% 2.9% 2.4% 2.0%

Revenue and income statement

In 2024, AQUACLIM SERVICE achieves revenue of 11.0 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +25.8%. Significant drop of -20% vs 2023. After deducting consumption (4.8 M€), gross margin stands at 6.2 M€, i.e. a rate of 57%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -217 k€, representing -2.0% of revenue. Warning negative scissor effect: despite revenue change (-20%), EBITDA varies by -182%, reducing margin by 3.9 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -688 k€ (-6.3% of revenue), which will impact equity.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

10 980 372 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

6 211 194 €

EBITDA (2024) ?
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

-217 254 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-292 325 €

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

-688 452 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-2.0%

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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 4886%. 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 1%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

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

4886.003%

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

1.443%

Cash flow / Revenue (2024) ?
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

-5.383%

Repayment capacity (2024) ?
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

-9.601

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

91.4%

Solvency indicators evolution
AQUACLIM SERVICE

Sector positioning

Debt ratio
4886.0 2024
2021
2023
2024
Q1: 1.0
Med: 13.24
Q3: 41.25
Average

In 2024, the debt ratio of AQUACLIM SERVICE (4886.00) 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
1.44% 2024
2021
2023
2024
Q1: 17.51%
Med: 38.82%
Q3: 57.73%
Average

In 2024, the financial autonomy of AQUACLIM SERVICE (1.4%) 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
-9.6 years 2024
2021
2023
2024
Q1: 0.0 years
Med: 0.09 years
Q3: 1.03 years
Excellent -50 pts over 3 years

In 2024, the repayment capacity of AQUACLIM SERVICE (-9.60) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 149.01. 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

149.013

Interest coverage (2024) ?
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

-123.021

Liquidity indicators evolution
AQUACLIM SERVICE

Sector positioning

Liquidity ratio
149.01 2024
2021
2023
2024
Q1: 154.24
Med: 215.08
Q3: 312.23
Watch -7 pts over 3 years

In 2024, the liquidity ratio of AQUACLIM SERVICE (149.01) 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.

Interest coverage
-123.02x 2024
2021
2023
2024
Q1: 0.0x
Med: 0.09x
Q3: 2.3x
Watch -50 pts over 3 years

In 2024, the interest coverage of AQUACLIM SERVICE (-123.0x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 34 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 41 days. Favorable situation: supplier credit is longer than customer credit by 7 days. Inventory turnover is 50 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 57 days of revenue, i.e. 1.7 M€ to permanently finance. Over 2016-2024, WCR increased by +727%, requiring additional financing.

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

1 735 558 €

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

34 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

41 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

50 j

WCR in days of revenue (2024) ?
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

57 j

WCR and payment terms evolution
AQUACLIM SERVICE

Positioning of AQUACLIM SERVICE in its sector

Comparison with sector Travaux d'installation d'équipements thermiques et de climatisation

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (28 transactions). This range of 1 258 106€ to 1 935 187€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
1258k€ 1748k€ 1935k€
1 748 169 € Range: 1 258 106€ - 1 935 187€
NAF 5 année 2024

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 28 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 (Travaux d'installation d'équipements thermiques et de climatisation)

Compare AQUACLIM SERVICE with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux d'installation d'équipements thermiques et de climatisation

Frequently asked questions about AQUACLIM SERVICE

What is the revenue of AQUACLIM SERVICE ?

The revenue of AQUACLIM SERVICE in 2024 is 11.0 M€.

Is AQUACLIM SERVICE profitable?

AQUACLIM SERVICE recorded a net loss in 2024.

Where is the headquarters of AQUACLIM SERVICE ?

The headquarters of AQUACLIM SERVICE is located in QUEVEN (56530), in the department Morbihan.

Where to find the tax return of AQUACLIM SERVICE ?

The tax return of AQUACLIM SERVICE 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 AQUACLIM SERVICE operate?

AQUACLIM SERVICE operates in the sector Travaux d'installation d'équipements thermiques et de climatisation (NAF code 43.22B). See the 'Sector positioning' section above to compare the company with its competitors.