SIREN : 502321128
BG ETANCHEITE is a French company founded 18 years ago, specialized in the sector Travaux d'étanchéification. Based in COURCHAPON (25170), this company of category PME shows in 2020 a revenue of 399 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|
| Revenue | 399 008 € | 583 466 € | 569 825 € | 695 475 € | 524 231 € | 750 012 € |
| Net income | 5 737 € | 403 € | 11 899 € | 14 159 € | 14 525 € | 2 305 € |
| EBITDA | -69 829 € | 31 760 € | 52 258 € | 21 938 € | 43 997 € | 2 813 € |
| Net margin | 1.4% | 0.1% | 2.1% | 2.0% | 2.8% | 0.3% |
In 2020, BG ETANCHEITE achieves revenue of 399 k€. Revenue is declining over the period 2015-2020 (CAGR: -11.9%). Significant drop of -32% vs 2019. After deducting consumption (123 k€), gross margin stands at 276 k€, i.e. a rate of 69%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -70 k€, representing -17.5% of revenue. Warning negative scissor effect: despite revenue change (-32%), EBITDA varies by -320%, reducing margin by 22.9 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 6 k€, i.e. 1.4% of revenue. This profit can be retained or distributed to shareholders.
399 008 €
276 419 €
-69 829 €
-74 259 €
5 737 €
-17.3%
The debt ratio (= Financial debt / Equity x 100) stands at 97%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 39%. The balance between equity and debt is satisfactory.
96.939%
38.607%
-15.688%
-2.714
5.3%
In 2020, the debt ratio of BG ETANCHEITE (96.94) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2020, the financial autonomy of BG ETANCHEITE (38.6%) 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.
In 2020, the repayment capacity of BG ETANCHEITE (-2.71) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 317.69. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
317.695
-3.738
In 2020, the liquidity ratio of BG ETANCHEITE (317.69) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.
In 2020, the interest coverage of BG ETANCHEITE (-3.7x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 224 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 35 days. The gap of 189 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 39 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 308 days of revenue, i.e. 341 k€ to permanently finance. Notable WCR improvement over the period (-25%), freeing up cash.
341 323 €
224 j
35 j
39 j
308 j
Indicative estimate only : the number of comparable transactions in this sector is limited (22 transactions). This range of 19 292€ to 71 166€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 22 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare BG ETANCHEITE with other companies in the same sector:
Voir toutes les statistiques du secteur Travaux d'étanchéification
The revenue of BG ETANCHEITE in 2020 is 399 k€.
Yes, BG ETANCHEITE generated a net profit of 6 k€ in 2020.
The headquarters of BG ETANCHEITE is located in COURCHAPON (25170), in the department Doubs.
The tax return of BG ETANCHEITE 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).
BG ETANCHEITE operates in the sector Travaux d'étanchéification (NAF code 43.99A). See the 'Sector positioning' section above to compare the company with its competitors.