BUREAU TECHNIQUE SERVICE SYSTEMES D'ENCAISSEMENT : revenue, balance sheet and financial ratios

BUREAU TECHNIQUE SERVICE SYSTEMES D'ENCAISSEMENT is a French company founded 19 years ago, specialized in the sector Autres activités informatiques. Based in LA ROCHE-SUR-YON (85000), this company of category PME shows in 2023 a revenue of 159 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

Financial history - BUREAU TECHNIQUE SERVICE SYSTEMES D'ENCAISSEMENT (SIREN 495082513)
Indicator 2023 2022 2021 2020 2019 2018
Revenue 158 679 € 177 880 € 190 384 € 276 979 € 903 298 € 1 399 681 €
Net income 15 471 € 12 654 € 2 243 € 1 645 € 31 383 € 82 000 €
EBITDA 12 949 € 17 667 € 3 515 € -455 € 28 552 € 84 253 €
Net margin 9.7% 7.1% 1.2% 0.6% 3.5% 5.9%

Revenue and income statement

In 2023, BUREAU TECHNIQUE SERVICE SYSTEMES D'ENCAISSEMENT achieves revenue of 159 k€. Revenue is declining over the period 2018-2023 (CAGR: -35.3%). Significant drop of -11% vs 2022. After deducting consumption (11 k€), gross margin stands at 148 k€, i.e. a rate of 93%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 13 k€, representing 8.2% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 15 k€, i.e. 9.7% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

158 679 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

147 502 €

EBITDA (2023) ?
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

12 949 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

21 448 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

15 471 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

8.2%

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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 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 49%. 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 0.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 4.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.019%

Financial autonomy (2023) ?
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

49.224%

Cash flow / Revenue (2023) ?
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

4.316%

Repayment capacity (2023) ?
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

0.008

Solvency indicators evolution
BUREAU TECHNIQUE SERVICE SYSTEMES D'ENCAISSEMENT

Sector positioning

Debt ratio
0.02 2023
2021
2022
2023
Q1: 0.0
Med: 4.32
Q3: 54.0
Good

In 2023, the debt ratio of BUREAU TECHNIQUE SERVICE ... (0.02) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
49.22% 2023
2021
2022
2023
Q1: 3.71%
Med: 26.62%
Q3: 56.81%
Good +12 pts over 3 years

In 2023, the financial autonomy of BUREAU TECHNIQUE SERVICE ... (49.2%) 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
0.01 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.0 years
Q3: 0.83 years
Average +25 pts over 3 years

In 2023, the repayment capacity of BUREAU TECHNIQUE SERVICE ... (0.01) 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 78.72. 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 25.1x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2023) ?
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

78.72

Interest coverage (2023) ?
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

25.075

Liquidity indicators evolution
BUREAU TECHNIQUE SERVICE SYSTEMES D'ENCAISSEMENT

Sector positioning

Liquidity ratio
78.72 2023
2021
2022
2023
Q1: 130.5
Med: 231.97
Q3: 420.82
Watch

In 2023, the liquidity ratio of BUREAU TECHNIQUE SERVICE ... (78.72) 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
25.07x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.0x
Q3: 0.9x
Excellent -10 pts over 3 years

In 2023, the interest coverage of BUREAU TECHNIQUE SERVICE ... (25.1x) 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: 384 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 939 days. Excellent situation: suppliers finance 555 days of the operating cycle (retail model). Overall, WCR represents 125 days of revenue, i.e. 55 k€ to permanently finance.

Operating WCR (2023) ?
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

55 052 €

Customer credit (2023) ?
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

384 j

Supplier credit (2023) ?
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

939 j

Inventory turnover (2023) ?
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 in days of revenue (2023) ?
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

125 j

WCR and payment terms evolution
BUREAU TECHNIQUE SERVICE SYSTEMES D'ENCAISSEMENT

Positioning of BUREAU TECHNIQUE SERVICE SYSTEMES D'ENCAISSEMENT in its sector

Comparison with sector Autres activités informatiques

Valuation estimate

Based on 59 transactions of similar company sales in 2023, the value of BUREAU TECHNIQUE SERVICE SYSTEMES D'ENCAISSEMENT is estimated at 12 207 € (range 5 147€ - 28 325€). With an EBITDA of 12 949€, the sector multiple of 0.3x is applied. The price/revenue ratio is 0.16x (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.

Estimated enterprise value 2023
59 tx
5k€ 12k€ 28k€
12 207 € Range: 5 147€ - 28 325€
NAF 4 année 2023 Aggregated at NAF sub-class level

Valuation detail by method

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EBITDA Multiple 50%
12 949 € × 0.3x
Estimation 4 072 €
1 306€ - 16 011€
Revenue Multiple 30%
158 679 € × 0.16x
Estimation 25 470 €
12 629€ - 45 533€
Net Income Multiple 20%
15 471 € × 0.8x
Estimation 12 653 €
3 527€ - 33 301€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 59 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 (Autres activités informatiques)

Compare BUREAU TECHNIQUE SERVICE SYSTEMES D'ENCAISSEMENT with other companies in the same sector:

Voir toutes les statistiques du secteur Autres activités informatiques

Frequently asked questions about BUREAU TECHNIQUE SERVICE SYSTEMES D'ENCAISSEMENT

What is the revenue of BUREAU TECHNIQUE SERVICE SYSTEMES D'ENCAISSEMENT ?

The revenue of BUREAU TECHNIQUE SERVICE SYSTEMES D'ENCAISSEMENT in 2023 is 159 k€.

Is BUREAU TECHNIQUE SERVICE SYSTEMES D'ENCAISSEMENT profitable?

Yes, BUREAU TECHNIQUE SERVICE SYSTEMES D'ENCAISSEMENT generated a net profit of 15 k€ in 2023.

Where is the headquarters of BUREAU TECHNIQUE SERVICE SYSTEMES D'ENCAISSEMENT ?

The headquarters of BUREAU TECHNIQUE SERVICE SYSTEMES D'ENCAISSEMENT is located in LA ROCHE-SUR-YON (85000), in the department Vendee.

Where to find the tax return of BUREAU TECHNIQUE SERVICE SYSTEMES D'ENCAISSEMENT ?

The tax return of BUREAU TECHNIQUE SERVICE SYSTEMES D'ENCAISSEMENT 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 BUREAU TECHNIQUE SERVICE SYSTEMES D'ENCAISSEMENT operate?

BUREAU TECHNIQUE SERVICE SYSTEMES D'ENCAISSEMENT operates in the sector Autres activités informatiques (NAF code 62.09Z). See the 'Sector positioning' section above to compare the company with its competitors.