CENTRE D ETUDES DU SUD OUEST : revenue, balance sheet and financial ratios

CENTRE D ETUDES DU SUD OUEST is a French company founded 41 years ago, specialized in the sector Ingénierie, études techniques. Based in BOULAZAC ISLE MANOIRE (24750), this company of category ETI shows in 2022 a revenue of 493 k€. 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 - CENTRE D ETUDES DU SUD OUEST (SIREN 845750199)
Indicator 2022 2021 2020 2019 2018 2017 2016
Revenue 493 353 € 467 856 € 487 548 € 558 765 € 565 155 € 567 368 € 570 006 €
Net income 114 135 € 99 438 € 98 681 € 141 924 € 144 265 € 171 585 € 100 555 €
EBITDA 155 577 € 139 556 € 161 886 € 198 110 € 186 110 € 216 552 € 191 369 €
Net margin 23.1% 21.3% 20.2% 25.4% 25.5% 30.2% 17.6%

Revenue and income statement

In 2022, CENTRE D ETUDES DU SUD OUEST achieves revenue of 493 k€. Activity remains stable over the period (CAGR: -2.4%). Vs 2021: +5%. After deducting consumption (0 €), gross margin stands at 493 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 156 k€, representing 31.5% of revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 114 k€, i.e. 23.1% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2022) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

493 353 €

Gross margin (2022) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

493 353 €

EBITDA (2022) ?
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

155 577 €

EBIT (2022) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

158 456 €

Net income (2022) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

114 135 €

EBITDA margin (2022) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

31.5%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 105%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 36%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.5 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 22.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2022) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

104.974%

Financial autonomy (2022) ?
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

36.079%

Cash flow / Revenue (2022) ?
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

22.55%

Repayment capacity (2022) ?
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

1.515

Asset age ratio (2022) ?
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

3.7%

Solvency indicators evolution
CENTRE D ETUDES DU SUD OUEST

Sector positioning

Debt ratio
104.97 2022
2020
2021
2022
Q1: 0.0
Med: 10.4
Q3: 59.95
Average

In 2022, the debt ratio of CENTRE D ETUDES DU SUD OUEST (104.97) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
36.08% 2022
2020
2021
2022
Q1: 10.98%
Med: 36.04%
Q3: 59.81%
Good

In 2022, the financial autonomy of CENTRE D ETUDES DU SUD OUEST (36.1%) 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
1.51 years 2022
2020
2021
2022
Q1: 0.0 years
Med: 0.01 years
Q3: 1.24 years
Average

In 2022, the repayment capacity of CENTRE D ETUDES DU SUD OUEST (1.51) 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 454.06. 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.

Liquidity ratio (2022) ?
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

454.059

Interest coverage (2022) ?
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

0.003

Liquidity indicators evolution
CENTRE D ETUDES DU SUD OUEST

Sector positioning

Liquidity ratio
454.06 2022
2020
2021
2022
Q1: 148.17
Med: 225.78
Q3: 385.26
Excellent

In 2022, the liquidity ratio of CENTRE D ETUDES DU SUD OUEST (454.06) 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.

Interest coverage
0.0x 2022
2020
2021
2022
Q1: 0.0x
Med: 0.0x
Q3: 1.47x
Good +25 pts over 3 years

In 2022, the interest coverage of CENTRE D ETUDES DU SUD OUEST (0.0x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

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: 113 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 66 days. The gap of 47 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 102 days of revenue, i.e. 140 k€ to permanently finance.

Operating WCR (2022) ?
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

139 718 €

Customer credit (2022) ?
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

113 j

Supplier credit (2022) ?
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

66 j

Inventory turnover (2022) ?
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

4 j

WCR in days of revenue (2022) ?
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

102 j

WCR and payment terms evolution
CENTRE D ETUDES DU SUD OUEST

Positioning of CENTRE D ETUDES DU SUD OUEST in its sector

Comparison with sector Ingénierie, études techniques

Valuation estimate

Based on 63 transactions of similar company sales in 2022, the value of CENTRE D ETUDES DU SUD OUEST is estimated at 111 536 € (range 48 509€ - 163 672€). With an EBITDA of 155 577€, the sector multiple of 0.9x 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 2022
63 tx
48k€ 111k€ 163k€
111 536 € Range: 48 509€ - 163 672€
NAF 5 année 2022

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
155 577 € × 0.9x
Estimation 147 762 €
60 463€ - 169 745€
Revenue Multiple 30%
493 353 € × 0.16x
Estimation 80 786 €
39 502€ - 140 822€
Net Income Multiple 20%
114 135 € × 0.6x
Estimation 67 098 €
32 140€ - 182 765€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 63 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 (Ingénierie, études techniques)

Compare CENTRE D ETUDES DU SUD OUEST with other companies in the same sector:

Voir toutes les statistiques du secteur Ingénierie, études techniques

Frequently asked questions about CENTRE D ETUDES DU SUD OUEST

What is the revenue of CENTRE D ETUDES DU SUD OUEST ?

The revenue of CENTRE D ETUDES DU SUD OUEST in 2022 is 493 k€.

Is CENTRE D ETUDES DU SUD OUEST profitable?

Yes, CENTRE D ETUDES DU SUD OUEST generated a net profit of 114 k€ in 2022.

Where is the headquarters of CENTRE D ETUDES DU SUD OUEST ?

The headquarters of CENTRE D ETUDES DU SUD OUEST is located in BOULAZAC ISLE MANOIRE (24750), in the department Dordogne.

Where to find the tax return of CENTRE D ETUDES DU SUD OUEST ?

The tax return of CENTRE D ETUDES DU SUD OUEST 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 CENTRE D ETUDES DU SUD OUEST operate?

CENTRE D ETUDES DU SUD OUEST operates in the sector Ingénierie, études techniques (NAF code 71.12B). See the 'Sector positioning' section above to compare the company with its competitors.