CENTRE EUROPE SERVICES CES : revenue, balance sheet and financial ratios

CENTRE EUROPE SERVICES CES is a French company founded 63 years ago, specialized in the sector Commerce de gros (commerce interentreprises) de cuirs et peaux. Based in MOLINET (03510), this company of category PME shows in 2024 a revenue of 1.6 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

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

Financial history - CENTRE EUROPE SERVICES CES (SIREN 318071354)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue 1 568 916 € 1 548 530 € 1 578 686 € 1 370 157 € 1 270 358 € 1 284 222 € 1 145 005 € 1 315 253 € 1 248 651 € 1 321 315 €
Net income 705 715 € 291 480 € 125 921 € 732 866 € 80 589 € 339 185 € 76 280 € 1 120 548 € 382 753 € 588 052 €
EBITDA 70 015 € 20 861 € 178 564 € 101 102 € 110 146 € 180 059 € 98 398 € 137 441 € 94 010 € 195 188 €
Net margin 45.0% 18.8% 8.0% 53.5% 6.3% 26.4% 6.7% 85.2% 30.7% 44.5%

Revenue and income statement

In 2024, CENTRE EUROPE SERVICES CES achieves revenue of 1.6 M€. Revenue is growing positively over 10 years (CAGR: +1.9%). Vs 2023: +1%. After deducting consumption (0 €), gross margin stands at 1.6 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 70 k€, representing 4.5% of revenue. Positive scissor effect: EBITDA margin improves by +3.1 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 706 k€, i.e. 45.0% 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

1 568 916 €

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

1 568 916 €

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

70 015 €

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

88 559 €

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

705 715 €

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

4.5%

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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 91%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Cash flow represents 44.0% 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 (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

0.008%

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

90.811%

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

44.035%

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

0.0

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

10.6%

Solvency indicators evolution
CENTRE EUROPE SERVICES CES

Sector positioning

Debt ratio
0.01 2024
2022
2023
2024
Q1: 1.85
Med: 24.85
Q3: 69.86
Excellent -23 pts over 3 years

In 2024, the debt ratio of CENTRE EUROPE SERVICES CES (0.01) 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.

Financial autonomy
90.81% 2024
2022
2023
2024
Q1: 44.62%
Med: 58.34%
Q3: 86.56%
Excellent -10 pts over 3 years

In 2024, the financial autonomy of CENTRE EUROPE SERVICES CES (90.8%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
0.0 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.53 years
Q3: 3.14 years
Excellent

In 2024, the repayment capacity of CENTRE EUROPE SERVICES CES (0.00) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 88.54. 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 0.4x. Danger: operating income does not cover interest charges, unsustainable situation.

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

88.538

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

0.414

Liquidity indicators evolution
CENTRE EUROPE SERVICES CES

Sector positioning

Liquidity ratio
88.54 2024
2022
2023
2024
Q1: 316.79
Med: 434.75
Q3: 1262.15
Watch -10 pts over 3 years

In 2024, the liquidity ratio of CENTRE EUROPE SERVICES CES (88.54) 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
0.41x 2024
2022
2023
2024
Q1: -0.25x
Med: 0.21x
Q3: 3.99x
Good +26 pts over 3 years

In 2024, the interest coverage of CENTRE EUROPE SERVICES CES (0.4x) 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: 60 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 73 days. Favorable situation: supplier credit is longer than customer credit by 13 days. Overall, WCR represents 4 days of revenue, i.e. 18 k€ to permanently finance. Notable WCR improvement over the period (-93%), freeing up 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

18 341 €

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

60 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

73 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

4 j

WCR and payment terms evolution
CENTRE EUROPE SERVICES CES

Positioning of CENTRE EUROPE SERVICES CES in its sector

Comparison with sector Commerce de gros (commerce interentreprises) de cuirs et peaux

Valuation estimate

Based on 178 transactions of similar company sales (all years), the value of CENTRE EUROPE SERVICES CES is estimated at 411 935 € (range 156 858€ - 1 156 554€). With an EBITDA of 70 015€, the sector multiple of 0.9x is applied. The price/revenue ratio is 0.15x (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.

Estimated enterprise value 2024
178 transactions
156k€ 411k€ 1156k€
411 935 € Range: 156 858€ - 1 156 554€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
70 015 € × 0.9x
Estimation 62 034 €
21 534€ - 201 724€
Revenue Multiple 30%
1 568 916 € × 0.15x
Estimation 239 221 €
154 838€ - 353 688€
Net Income Multiple 20%
705 715 € × 2.2x
Estimation 1 545 762 €
498 200€ - 4 747 928€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 178 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 (Commerce de gros (commerce interentreprises) de cuirs et peaux)

Compare CENTRE EUROPE SERVICES CES with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de gros (commerce interentreprises) de cuirs et peaux

Frequently asked questions about CENTRE EUROPE SERVICES CES

What is the revenue of CENTRE EUROPE SERVICES CES ?

The revenue of CENTRE EUROPE SERVICES CES in 2024 is 1.6 M€.

Is CENTRE EUROPE SERVICES CES profitable?

Yes, CENTRE EUROPE SERVICES CES generated a net profit of 706 k€ in 2024.

Where is the headquarters of CENTRE EUROPE SERVICES CES ?

The headquarters of CENTRE EUROPE SERVICES CES is located in MOLINET (03510), in the department Allier.

Where to find the tax return of CENTRE EUROPE SERVICES CES ?

The tax return of CENTRE EUROPE SERVICES CES 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 EUROPE SERVICES CES operate?

CENTRE EUROPE SERVICES CES operates in the sector Commerce de gros (commerce interentreprises) de cuirs et peaux (NAF code 46.24Z). See the 'Sector positioning' section above to compare the company with its competitors.