Employees: 11 (2023.0)Legal category: Société à responsabilité limitée (sans autre indication)Size: PMECreation date: 1996-01-19 (30 years)Status: ActiveBusiness sector: Travaux d'installation d'équipements thermiques et de climatisationLocation: CAUDAN (56850), Morbihan
ATELIERS THERMIQUES SERVICES : revenue, balance sheet and financial ratios
ATELIERS THERMIQUES SERVICES is a French company
founded 30 years ago,
specialized in the sector Travaux d'installation d'équipements thermiques et de climatisation.
Based in CAUDAN (56850),
this company of category PME
shows in 2023 a revenue of 4.4 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - ATELIERS THERMIQUES SERVICES (SIREN 403525546)
Indicator
2025
2024
2023
2022
2021
2020
2019
2018
2017
2015
Revenue
N/C
N/C
4 436 398 €
N/C
N/C
N/C
N/C
N/C
N/C
3 887 885 €
Net income
201 356 €
438 945 €
304 114 €
194 200 €
379 066 €
376 530 €
250 324 €
232 110 €
232 110 €
397 623 €
EBITDA
N/C
N/C
413 489 €
N/C
N/C
N/C
N/C
N/C
N/C
588 546 €
Net margin
N/C
N/C
6.9%
N/C
N/C
N/C
N/C
N/C
N/C
10.2%
Revenue and income statement
In 2025, ATELIERS THERMIQUES SERVICES generates positive net income of 201 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2015-2025: 398 k€ -> 201 k€.
Net income (2025)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
201 356 €
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Item
Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 6%. 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 56%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
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
6.407%
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
56.365%
Asset age ratio (2025)
?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2015
2017
2018
2019
2020
2021
2022
2023
2024
2025
Debt ratio
0.0
0.016
0.016
0.003
1.378
0.913
0.66
0.275
1.309
6.407
Financial autonomy
51.246
59.16
59.16
55.836
56.566
59.998
60.068
54.932
53.595
56.365
Repayment capacity
0.0
None
None
None
None
None
None
0.01
None
None
Cash flow / Revenue
11.168%
None%
None%
None%
None%
None%
None%
7.128%
None%
None%
Sector positioning
Debt ratio
6.412025
2023
2024
2025
Q1: 2.81
Med: 13.71
Q3: 36.17
Good+8 pts over 3 years
In 2025, the debt ratio of ATELIERS THERMIQUES SERVICES (6.41) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
Financial autonomy
56.37%2025
2023
2024
2025
Q1: 26.37%
Med: 47.22%
Q3: 63.03%
Good-11 pts over 3 years
In 2025, the financial autonomy of ATELIERS THERMIQUES SERVICES (56.4%) 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.
Repayment capacity
0.01 years2023
2023
Q1: 0.0 years
Med: 0.21 years
Q3: 1.37 years
Good
In 2023, the repayment capacity of ATELIERS THERMIQUES SERVICES (0.01) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 249.75. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
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
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2015
2017
2018
2019
2020
2021
2022
2023
2024
2025
Liquidity ratio
196.193
231.117
231.117
229.998
234.585
249.418
242.627
220.236
222.208
249.753
Interest coverage
0.012
None
None
None
None
None
None
0.005
None
None
Sector positioning
Liquidity ratio
249.752025
2023
2024
2025
Q1: 162.61
Med: 224.39
Q3: 319.79
Good
In 2025, the liquidity ratio of ATELIERS THERMIQUES SERVICES (249.75) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.
Interest coverage
0.01x2023
2023
Q1: 0.0x
Med: 0.26x
Q3: 2.24x
Average
In 2023, the interest coverage of ATELIERS THERMIQUES SERVICES (0.0x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. 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 (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
0 €
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
0 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
0 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
0 j
WCR and payment terms evolution ATELIERS THERMIQUES SERVICES
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2015
2017
2018
2019
2020
2021
2022
2023
2024
2025
Operating WCR
372 926 €
0 €
0 €
0 €
0 €
0 €
0 €
907 066 €
0 €
0 €
Inventory turnover (days)
12
0
0
0
0
0
0
17
0
0
Customer payment term (days)
41
0
0
0
0
0
441
69
0
0
Supplier payment term (days)
79
0
0
0
0
0
359
66
0
0
Positioning of ATELIERS THERMIQUES SERVICES 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 (38 transactions).
This range of 62 011€ to 582 784€ is provided for information purposes only and requires in-depth analysis to be confirmed.
Estimated enterprise value2025
Indicative
62k€407k€582k€
407 100 €Range: 62 011€ - 582 784€
NAF 5 année 2025
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 38 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 ATELIERS THERMIQUES SERVICES with other companies in the same sector:
Frequently asked questions about ATELIERS THERMIQUES SERVICES
What is the revenue of ATELIERS THERMIQUES SERVICES ?
The revenue of ATELIERS THERMIQUES SERVICES in 2023 is 4.4 M€.
Is ATELIERS THERMIQUES SERVICES profitable?
Yes, ATELIERS THERMIQUES SERVICES generated a net profit of 201 k€ in 2025.
Where is the headquarters of ATELIERS THERMIQUES SERVICES ?
The headquarters of ATELIERS THERMIQUES SERVICES is located in CAUDAN (56850), in the department Morbihan.
Where to find the tax return of ATELIERS THERMIQUES SERVICES ?
The tax return of ATELIERS THERMIQUES SERVICES 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 ATELIERS THERMIQUES SERVICES operate?
ATELIERS THERMIQUES SERVICES 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.
Item evolution
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