BARDAGE ETANCHEITE COUVERT ISOLATION BTP : revenue, balance sheet and financial ratios

BARDAGE ETANCHEITE COUVERT ISOLATION BTP is a French company founded 46 years ago, specialized in the sector Travaux de couverture par éléments. Based in MONTSOULT (95560), this company of category PME shows in 2024 a revenue of 3.0 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 - BARDAGE ETANCHEITE COUVERT ISOLATION BTP (SIREN 315043299)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 2 993 311 € 3 720 444 € 4 897 244 € 3 040 068 € 3 349 918 € 3 619 473 € 2 494 441 € 3 601 983 € 2 842 814 €
Net income 335 273 € 361 866 € 322 823 € 225 535 € 176 304 € 194 608 € -87 737 € 48 424 € 77 906 €
EBITDA 438 004 € 493 023 € 480 735 € 339 660 € 208 066 € 206 530 € -226 530 € 125 653 € -6 915 €
Net margin 11.2% 9.7% 6.6% 7.4% 5.3% 5.4% -3.5% 1.3% 2.7%

Revenue and income statement

In 2024, BARDAGE ETANCHEITE COUVERT ISOLATION BTP achieves revenue of 3.0 M€. Revenue is growing positively over 9 years (CAGR: +0.6%). Significant drop of -20% vs 2023. After deducting consumption (979 k€), gross margin stands at 2.0 M€, i.e. a rate of 67%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 438 k€, representing 14.6% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 335 k€, i.e. 11.2% of revenue. This profit can be retained or distributed to shareholders.

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

2 993 311 €

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

2 014 213 €

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

438 004 €

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

415 606 €

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

335 273 €

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

14.6%

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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 4%. 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 57%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 11.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

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

3.707%

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

57.484%

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

11.818%

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

0.099

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

30.3%

Solvency indicators evolution
BARDAGE ETANCHEITE COUVERT ISOLATION BTP

Sector positioning

Debt ratio
3.71 2024
2022
2023
2024
Q1: 4.58
Med: 19.86
Q3: 51.33
Excellent

In 2024, the debt ratio of BARDAGE ETANCHEITE COUVER... (3.71) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
57.48% 2024
2022
2023
2024
Q1: 20.37%
Med: 41.52%
Q3: 58.49%
Good +17 pts over 3 years

In 2024, the financial autonomy of BARDAGE ETANCHEITE COUVER... (57.5%) 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
0.1 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.33 years
Q3: 1.23 years
Good

In 2024, the repayment capacity of BARDAGE ETANCHEITE COUVER... (0.10) 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 247.48. 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 0.3x. Danger: operating income does not cover interest charges, unsustainable situation.

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

247.481

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

0.343

Liquidity indicators evolution
BARDAGE ETANCHEITE COUVERT ISOLATION BTP

Sector positioning

Liquidity ratio
247.48 2024
2022
2023
2024
Q1: 152.67
Med: 217.71
Q3: 316.79
Good

In 2024, the liquidity ratio of BARDAGE ETANCHEITE COUVER... (247.48) 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
0.34x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.52x
Q3: 2.65x
Average +14 pts over 3 years

In 2024, the interest coverage of BARDAGE ETANCHEITE COUVER... (0.3x) 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. Average customer payment term: 87 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 61 days. The company must finance 26 days of gap between collections and payments. Inventory turnover is 3 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 72 days of revenue, i.e. 595 k€ to permanently finance. Notable WCR improvement over the period (-26%), freeing up cash.

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

595 340 €

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

87 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

61 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

3 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

72 j

WCR and payment terms evolution
BARDAGE ETANCHEITE COUVERT ISOLATION BTP

Positioning of BARDAGE ETANCHEITE COUVERT ISOLATION BTP in its sector

Comparison with sector Travaux de couverture par éléments

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (20 transactions). This range of 493 157€ to 1 794 901€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
493k€ 794k€ 1794k€
794 318 € Range: 493 157€ - 1 794 901€
NAF 5 année 2024

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 20 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 de couverture par éléments)

Compare BARDAGE ETANCHEITE COUVERT ISOLATION BTP with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux de couverture par éléments

Frequently asked questions about BARDAGE ETANCHEITE COUVERT ISOLATION BTP

What is the revenue of BARDAGE ETANCHEITE COUVERT ISOLATION BTP ?

The revenue of BARDAGE ETANCHEITE COUVERT ISOLATION BTP in 2024 is 3.0 M€.

Is BARDAGE ETANCHEITE COUVERT ISOLATION BTP profitable?

Yes, BARDAGE ETANCHEITE COUVERT ISOLATION BTP generated a net profit of 335 k€ in 2024.

Where is the headquarters of BARDAGE ETANCHEITE COUVERT ISOLATION BTP ?

The headquarters of BARDAGE ETANCHEITE COUVERT ISOLATION BTP is located in MONTSOULT (95560), in the department Val-d'Oise.

Where to find the tax return of BARDAGE ETANCHEITE COUVERT ISOLATION BTP ?

The tax return of BARDAGE ETANCHEITE COUVERT ISOLATION BTP 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 BARDAGE ETANCHEITE COUVERT ISOLATION BTP operate?

BARDAGE ETANCHEITE COUVERT ISOLATION BTP operates in the sector Travaux de couverture par éléments (NAF code 43.91B). See the 'Sector positioning' section above to compare the company with its competitors.