BETHIC : revenue, balance sheet and financial ratios

BETHIC is a French company founded 19 years ago, specialized in the sector Ingénierie, études techniques. Based in ENGHIEN-LES-BAINS (95880), this company of category PME shows in 2019 a revenue of 1.4 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 - BETHIC (SIREN 492677794)
Indicator 2021 2020 2019 2018 2017 2016
Revenue N/C N/C 1 395 354 € 1 566 054 € 1 433 099 € 1 411 525 €
Net income 13 273 € 16 787 € 16 949 € 20 995 € 17 572 € 1 047 €
EBITDA N/C N/C 28 346 € 34 436 € 19 647 € 100 343 €
Net margin N/C N/C 1.2% 1.3% 1.2% 0.1%

Revenue and income statement

In 2021, BETHIC generates positive net income of 13 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2021: 1 k€ -> 13 k€.

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

13 273 €

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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 70%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 42%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

69.863%

Financial autonomy (2021) ?
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

42.396%

Asset age ratio (2021) ?
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

26.0%

Solvency indicators evolution
BETHIC

Sector positioning

Debt ratio
69.86 2021
2019
2020
2021
Q1: 0.0
Med: 11.4
Q3: 66.26
Average

In 2021, the debt ratio of BETHIC (69.86) 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
42.4% 2021
2019
2020
2021
Q1: 10.95%
Med: 35.06%
Q3: 59.74%
Good

In 2021, the financial autonomy of BETHIC (42.4%) 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
14.44 years 2019
2019
Q1: 0.0 years
Med: 0.0 years
Q3: 0.91 years
Watch

In 2019, the repayment capacity of BETHIC (14.44) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 160.83. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2021) ?
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

160.831

Liquidity indicators evolution
BETHIC

Sector positioning

Liquidity ratio
160.83 2021
2019
2020
2021
Q1: 151.2
Med: 231.52
Q3: 390.78
Average

In 2021, the liquidity ratio of BETHIC (160.83) 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
33.55x 2019
2019
Q1: 0.0x
Med: 0.0x
Q3: 1.22x
Excellent

In 2019, the interest coverage of BETHIC (33.5x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

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 (2021) ?
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 (2021) ?
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 (2021) ?
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 (2021) ?
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
BETHIC

Positioning of BETHIC in its sector

Comparison with sector Ingénierie, études techniques

Valuation estimate

Based on 52 transactions of similar company sales in 2021, the value of BETHIC is estimated at 9 655 € (range 4 738€ - 22 576€). This multiples method compares the actual sale price of similar companies to their financial indicators (Revenue, EBITDA, Net Income). It provides a market-based indicative estimate.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2021
52 tx
4k€ 9k€ 22k€
9 655 € Range: 4 738€ - 22 576€
NAF 5 année 2021

Valuation method used

Net Income Multiple
13 273 € × 0.7x = 9 655 €
Range: 4 739€ - 22 576€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 52 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 (Ingénierie, études techniques)

Compare BETHIC with other companies in the same sector:

Voir toutes les statistiques du secteur Ingénierie, études techniques

Frequently asked questions about BETHIC

What is the revenue of BETHIC ?

The revenue of BETHIC in 2019 is 1.4 M€.

Is BETHIC profitable?

Yes, BETHIC generated a net profit of 13 k€ in 2021.

Where is the headquarters of BETHIC ?

The headquarters of BETHIC is located in ENGHIEN-LES-BAINS (95880), in the department Val-d'Oise.

Where to find the tax return of BETHIC ?

The tax return of BETHIC 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 BETHIC operate?

BETHIC operates in the sector Ingénierie, études techniques (NAF code 71.12B). See the 'Sector positioning' section above to compare the company with its competitors.