BLANCHARD ELECTRICITE SA : revenue, balance sheet and financial ratios

BLANCHARD ELECTRICITE SA is a French company founded 31 years ago, specialized in the sector Travaux d'installation électrique dans tous locaux. Based in SAINT-BRICE-COURCELLES (51370), this company of category PME shows in 2024 a revenue of 3.9 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 - BLANCHARD ELECTRICITE SA (SIREN 399848738)
Indicator 2024 2023 2022 2021 2020 2019 2017
Revenue 3 854 512 € 3 384 132 € 3 992 965 € 3 806 285 € 3 565 166 € 9 041 787 € 5 857 721 €
Net income 196 309 € -742 477 € -58 242 € -85 052 € 29 513 € -246 639 € -99 156 €
EBITDA 199 347 € -761 112 € -87 913 € -97 428 € -530 728 € -242 056 € -130 631 €
Net margin 5.1% -21.9% -1.5% -2.2% 0.8% -2.7% -1.7%

Revenue and income statement

In 2024, BLANCHARD ELECTRICITE SA achieves revenue of 3.9 M€. Revenue is declining over the period 2017-2024 (CAGR: -5.8%). Vs 2023, growth of +14% (3.4 M€ -> 3.9 M€). After deducting consumption (1.2 M€), gross margin stands at 2.7 M€, i.e. a rate of 69%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 199 k€, representing 5.2% of revenue. Positive scissor effect: EBITDA margin improves by +27.7 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 196 k€, i.e. 5.1% 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

3 854 512 €

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

2 661 846 €

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

199 347 €

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

206 249 €

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

196 309 €

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

5.2%

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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 -1490%. 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 -2%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.7 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 4.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

-1489.88%

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

-2.132%

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

4.741%

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

0.742

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

12.8%

Solvency indicators evolution
BLANCHARD ELECTRICITE SA

Sector positioning

Debt ratio
-1489.88 2024
2022
2023
2024
Q1: 0.41
Med: 12.03
Q3: 40.28
Excellent -44 pts over 3 years

In 2024, the debt ratio of BLANCHARD ELECTRICITE SA (-1489.88) 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
-2.13% 2024
2022
2023
2024
Q1: 12.29%
Med: 37.01%
Q3: 58.36%
Average -26 pts over 3 years

In 2024, the financial autonomy of BLANCHARD ELECTRICITE SA (-2.1%) 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
0.74 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.02 years
Q3: 0.9 years
Average +46 pts over 3 years

In 2024, the repayment capacity of BLANCHARD ELECTRICITE SA (0.74) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 114.26. 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 11.9x. Operating income very largely covers interest expenses: high safety margin.

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

114.264

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

11.891

Liquidity indicators evolution
BLANCHARD ELECTRICITE SA

Sector positioning

Liquidity ratio
114.26 2024
2022
2023
2024
Q1: 154.88
Med: 223.72
Q3: 341.92
Watch -27 pts over 3 years

In 2024, the liquidity ratio of BLANCHARD ELECTRICITE SA (114.26) 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
11.89x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 2.02x
Excellent +50 pts over 3 years

In 2024, the interest coverage of BLANCHARD ELECTRICITE SA (11.9x) 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. Average customer payment term: 65 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 67 days. Favorable situation: supplier credit is longer than customer credit by 2 days. Inventory turnover is 20 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 40 days of revenue, i.e. 424 k€ to permanently finance. Notable WCR improvement over the period (-61%), 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

423 727 €

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

65 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

67 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

20 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

40 j

WCR and payment terms evolution
BLANCHARD ELECTRICITE SA

Positioning of BLANCHARD ELECTRICITE SA in its sector

Comparison with sector Travaux d'installation électrique dans tous locaux

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (29 transactions). This range of 223 463€ to 831 013€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
223k€ 328k€ 831k€
328 371 € Range: 223 463€ - 831 013€
NAF 5 année 2024

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 29 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 électrique dans tous locaux)

Compare BLANCHARD ELECTRICITE SA with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux d'installation électrique dans tous locaux

Frequently asked questions about BLANCHARD ELECTRICITE SA

What is the revenue of BLANCHARD ELECTRICITE SA ?

The revenue of BLANCHARD ELECTRICITE SA in 2024 is 3.9 M€.

Is BLANCHARD ELECTRICITE SA profitable?

Yes, BLANCHARD ELECTRICITE SA generated a net profit of 196 k€ in 2024.

Where is the headquarters of BLANCHARD ELECTRICITE SA ?

The headquarters of BLANCHARD ELECTRICITE SA is located in SAINT-BRICE-COURCELLES (51370), in the department Marne.

Where to find the tax return of BLANCHARD ELECTRICITE SA ?

The tax return of BLANCHARD ELECTRICITE SA 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 BLANCHARD ELECTRICITE SA operate?

BLANCHARD ELECTRICITE SA operates in the sector Travaux d'installation électrique dans tous locaux (NAF code 43.21A). See the 'Sector positioning' section above to compare the company with its competitors.