SIREN : 442888673
BTH is a French company founded 23 years ago, specialized in the sector Travaux d'isolation. Based in VAL DE REUIL (27100), this company of category PME shows in 2025 a revenue of 3.5 M€. 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 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3 473 237 € | 3 453 309 € | 2 452 324 € | 2 512 204 € | 2 487 410 € | 2 851 839 € | 2 754 503 € | 2 822 287 € | 2 774 931 € |
| Net income | 177 007 € | 252 598 € | -31 280 € | 55 522 € | 8 248 € | 30 880 € | 36 448 € | 403 702 € | 52 956 € |
| EBITDA | 232 472 € | 294 215 € | -54 838 € | 61 266 € | 18 722 € | 56 591 € | -68 881 € | 235 108 € | 68 166 € |
| Net margin | 5.1% | 7.3% | -1.3% | 2.2% | 0.3% | 1.1% | 1.3% | 14.3% | 1.9% |
In 2025, BTH achieves revenue of 3.5 M€. Revenue is growing positively over 9 years (CAGR: +2.8%). Vs 2024: +1%. After deducting consumption (1.3 M€), gross margin stands at 2.2 M€, i.e. a rate of 63%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 232 k€, representing 6.7% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 177 k€, i.e. 5.1% of revenue. This profit can be retained or distributed to shareholders.
3 473 237 €
2 176 841 €
232 472 €
220 702 €
177 007 €
6.7%
The debt ratio (= Financial debt / Equity x 100) stands at 0%. 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 0%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 5.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
0.094%
0.071%
5.625%
0.01
18.0%
In 2025, the debt ratio of BTH (0.09) 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.
In 2025, the financial autonomy of BTH (0.1%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.
In 2025, the repayment capacity of BTH (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.
The liquidity ratio (= Current assets / Current liabilities) stands at 354.64. 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 0.0x. Danger: operating income does not cover interest charges, unsustainable situation.
354.638
0.002
In 2025, the liquidity ratio of BTH (354.64) 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 2025, the interest coverage of BTH (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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 101 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 43 days. The gap of 58 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 4 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 62 days of revenue, i.e. 599 k€ to permanently finance.
598 821 €
101 j
43 j
4 j
62 j
Based on 58 transactions of similar company sales
(all years),
the value of BTH is estimated at
485 556 €
(range 318 180€ - 1 022 751€).
With an EBITDA of 232 472€, the sector multiple of 1.2x is applied.
The price/revenue ratio is 0.20x
(conservative valuation).
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.
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This estimate is based on the analysis of 58 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 BTH with other companies in the same sector:
The revenue of BTH in 2025 is 3.5 M€.
Yes, BTH generated a net profit of 177 k€ in 2025.
The headquarters of BTH is located in VAL DE REUIL (27100), in the department Eure.
The tax return of BTH 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).
BTH operates in the sector Travaux d'isolation (NAF code 43.29A). See the 'Sector positioning' section above to compare the company with its competitors.