SIREN : 463500017
C BY SM2A is a French company founded 63 years ago, specialized in the sector Travaux de menuiserie métallique et serrurerie. Based in WATTRELOS (59150), this company of category PME shows in 2021 a revenue of 809 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 | 2021 | 2020 |
|---|---|---|
| Revenue | 809 167 € | 497 790 € |
| Net income | 860 € | -24 008 € |
| EBITDA | 253 420 € | 28 180 € |
| Net margin | 0.1% | -4.8% |
In 2021, C BY SM2A achieves revenue of 809 k€. Vs 2020, growth of +63% (498 k€ -> 809 k€). After deducting consumption (393 k€), gross margin stands at 416 k€, i.e. a rate of 51%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 253 k€, representing 31.3% of revenue. Positive scissor effect: EBITDA margin improves by +25.7 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 860 €, i.e. 0.1% of revenue. This profit can be retained or distributed to shareholders.
809 167 €
416 410 €
253 420 €
8 032 €
860 €
31.3%
The debt ratio (= Financial debt / Equity x 100) stands at 15%. 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 34%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 4.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
15.459%
34.333%
4.577%
1.182
49.9%
In 2021, the debt ratio of C BY SM2A (15.46) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2021, the financial autonomy of C BY SM2A (34.3%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2021, the repayment capacity of C BY SM2A (1.18) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 110.53. 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 3.2x. Financial charges are adequately covered by operations.
110.532
3.25
In 2021, the liquidity ratio of C BY SM2A (110.53) 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.
In 2021, the interest coverage of C BY SM2A (3.2x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 132 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 67 days. The gap of 65 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 45 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 52 days of revenue, i.e. 118 k€ to permanently finance.
117 888 €
132 j
67 j
45 j
52 j
Based on 264 transactions of similar company sales (all years), the value of C BY SM2A is estimated at 307 579 € (range 108 010€ - 566 193€). With an EBITDA of 253 420€, the sector multiple of 2.1x is applied. The price/revenue ratio is 0.18x (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.
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This estimate is based on the analysis of 264 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 C BY SM2A with other companies in the same sector:
Voir toutes les statistiques du secteur Travaux de menuiserie métallique et serrurerie
The revenue of C BY SM2A in 2021 is 809 k€.
Yes, C BY SM2A generated a net profit of 860€ in 2021.
The headquarters of C BY SM2A is located in WATTRELOS (59150), in the department Nord.
The tax return of C BY SM2A 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).
C BY SM2A operates in the sector Travaux de menuiserie métallique et serrurerie (NAF code 43.32B). See the 'Sector positioning' section above to compare the company with its competitors.