CEGELEC MIDDLE EAST & AFRICA : revenue, balance sheet and financial ratios

CEGELEC MIDDLE EAST & AFRICA is a French company founded 6 years ago, specialized in the sector Travaux d'installation électrique dans tous locaux. Based in SAINT-DENIS (93210), this company of category GE shows in 2024 a revenue of 57.3 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - CEGELEC MIDDLE EAST & AFRICA (SIREN 878799477)
Indicator 2024 2023 2022 2021 2020
Revenue 57 342 415 € 31 071 092 € N/C N/C N/C
Net income 200 856 € -86 255 € -15 025 € -4 731 € -3 916 €
EBITDA 3 209 918 € 51 388 € -18 410 € -3 330 € -3 916 €
Net margin 0.4% -0.3% N/C N/C N/C

Revenue and income statement

In 2024, CEGELEC MIDDLE EAST & AFRICA achieves revenue of 57.3 M€. Over the period 2023-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +84.6%. Vs 2023, growth of +85% (31.1 M€ -> 57.3 M€). After deducting consumption (35.6 M€), gross margin stands at 21.7 M€, i.e. a rate of 38%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 3.2 M€, representing 5.6% of revenue. Positive scissor effect: EBITDA margin improves by +5.4 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 201 k€, i.e. 0.4% 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

57 342 415 €

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

21 724 556 €

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

3 209 918 €

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

3 176 708 €

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

200 856 €

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

5.6%

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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 10%. 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 0.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 1.6% 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

10.462%

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

1.901%

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

1.615%

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

0.057

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

25.8%

Solvency indicators evolution
CEGELEC MIDDLE EAST & AFRICA

Sector positioning

Debt ratio
10.46 2024
2022
2023
2024
Q1: 0.41
Med: 12.02
Q3: 40.37
Good +22 pts over 3 years

In 2024, the debt ratio of CEGELEC MIDDLE EAST & AFRICA (10.46) 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
1.9% 2024
2022
2023
2024
Q1: 12.18%
Med: 36.84%
Q3: 58.25%
Average -50 pts over 3 years

In 2024, the financial autonomy of CEGELEC MIDDLE EAST & AFRICA (1.9%) 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
0.06 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.02 years
Q3: 0.89 years
Average +26 pts over 3 years

In 2024, the repayment capacity of CEGELEC MIDDLE EAST & AFRICA (0.06) 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 255.93. 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 43.3x. 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

255.926

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

43.309

Liquidity indicators evolution
CEGELEC MIDDLE EAST & AFRICA

Sector positioning

Liquidity ratio
255.93 2024
2022
2023
2024
Q1: 154.34
Med: 223.4
Q3: 341.45
Good -18 pts over 3 years

In 2024, the liquidity ratio of CEGELEC MIDDLE EAST & AFRICA (255.93) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
43.31x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 2.0x
Excellent +50 pts over 3 years

In 2024, the interest coverage of CEGELEC MIDDLE EAST & AFRICA (43.3x) 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: 53 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 29 days. The company must finance 24 days of gap between collections and payments. WCR is negative (-65 days): operations structurally generate 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

-10 382 418 €

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

53 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

29 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

0 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

-65 j

WCR and payment terms evolution
CEGELEC MIDDLE EAST & AFRICA

Positioning of CEGELEC MIDDLE EAST & AFRICA 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 3 011 741€ to 10 766 859€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
3011k€ 4381k€ 10766k€
4 381 389 € Range: 3 011 741€ - 10 766 859€
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 CEGELEC MIDDLE EAST & AFRICA with other companies in the same sector:

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

Frequently asked questions about CEGELEC MIDDLE EAST & AFRICA

What is the revenue of CEGELEC MIDDLE EAST & AFRICA ?

The revenue of CEGELEC MIDDLE EAST & AFRICA in 2024 is 57.3 M€.

Is CEGELEC MIDDLE EAST & AFRICA profitable?

Yes, CEGELEC MIDDLE EAST & AFRICA generated a net profit of 201 k€ in 2024.

Where is the headquarters of CEGELEC MIDDLE EAST & AFRICA ?

The headquarters of CEGELEC MIDDLE EAST & AFRICA is located in SAINT-DENIS (93210), in the department Seine-Saint-Denis.

Where to find the tax return of CEGELEC MIDDLE EAST & AFRICA ?

The tax return of CEGELEC MIDDLE EAST & AFRICA 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 CEGELEC MIDDLE EAST & AFRICA operate?

CEGELEC MIDDLE EAST & AFRICA 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.