CENTRE EUROPEEN D'ESSAIS DE RECHERCHES ET DE TECHNIQUES AUTOMOBILES : revenue, balance sheet and financial ratios

CENTRE EUROPEEN D'ESSAIS DE RECHERCHES ET DE TECHNIQUES AUTOMOBILES is a French company founded 30 years ago, specialized in the sector Commerce de gros d'équipements automobiles. Based in ISSOIRE (63500), this company of category PME shows in 2024 a revenue of 7.9 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 EUROPEEN D'ESSAIS DE RECHERCHES ET DE TECHNIQUES AUTOMOBILES (SIREN 404533937)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 7 885 832 € 7 400 479 € 6 670 737 € 6 299 558 € 4 570 650 € 8 164 037 € 6 624 995 € 5 978 856 € 8 604 325 €
Net income 106 909 € 182 426 € -53 025 € 38 091 € -19 435 € 205 446 € 142 792 € 31 477 € 181 225 €
EBITDA 251 330 € 377 007 € 143 250 € -198 618 € 286 301 € 608 943 € 542 284 € 283 698 € 550 777 €
Net margin 1.4% 2.5% -0.8% 0.6% -0.4% 2.5% 2.2% 0.5% 2.1%

Revenue and income statement

In 2024, CENTRE EUROPEEN D'ESSAIS DE RECHERCHES ET DE TECHNIQUES AUTOMOBILES achieves revenue of 7.9 M€. Activity remains stable over the period (CAGR: -1.1%). Vs 2023: +7%. After deducting consumption (5.8 M€), gross margin stands at 2.0 M€, i.e. a rate of 26%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 251 k€, representing 3.2% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 107 k€, i.e. 1.4% 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

7 885 832 €

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

2 049 873 €

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

251 330 €

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

37 026 €

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

106 909 €

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

3.2%

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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 14%. 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 73%. 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 2.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 2.8% 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

13.643%

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

73.056%

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

2.828%

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

1.976

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

21.1%

Solvency indicators evolution
CENTRE EUROPEEN D'ESSAIS DE RECHERCHES ET DE TECHNIQUES AUTOMOBILES

Sector positioning

Debt ratio
13.64 2024
2022
2023
2024
Q1: 0.26
Med: 13.62
Q3: 52.91
Good

In 2024, the debt ratio of CENTRE EUROPEEN D'ESSAIS ... (13.64) 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
73.06% 2024
2022
2023
2024
Q1: 21.3%
Med: 41.67%
Q3: 60.11%
Excellent

In 2024, the financial autonomy of CENTRE EUROPEEN D'ESSAIS ... (73.1%) 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
1.98 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.2 years
Q3: 1.87 years
Average

In 2024, the repayment capacity of CENTRE EUROPEEN D'ESSAIS ... (1.98) 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 470.40. 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 1.5x. Coverage is limited: any activity downturn would jeopardize interest payments.

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

470.399

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

1.471

Liquidity indicators evolution
CENTRE EUROPEEN D'ESSAIS DE RECHERCHES ET DE TECHNIQUES AUTOMOBILES

Sector positioning

Liquidity ratio
470.4 2024
2022
2023
2024
Q1: 145.43
Med: 206.86
Q3: 309.41
Excellent

In 2024, the liquidity ratio of CENTRE EUROPEEN D'ESSAIS ... (470.40) 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
1.47x 2024
2022
2023
2024
Q1: 0.0x
Med: 1.22x
Q3: 10.11x
Good -13 pts over 3 years

In 2024, the interest coverage of CENTRE EUROPEEN D'ESSAIS ... (1.5x) 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: 23 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 25 days. Favorable situation: supplier credit is longer than customer credit by 2 days. Inventory turnover is 46 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 68 days of revenue, i.e. 1.5 M€ to permanently finance. Over 2016-2024, WCR increased by +81%, requiring additional financing.

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

1 479 540 €

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

23 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

25 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

46 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

68 j

WCR and payment terms evolution
CENTRE EUROPEEN D'ESSAIS DE RECHERCHES ET DE TECHNIQUES AUTOMOBILES

Positioning of CENTRE EUROPEEN D'ESSAIS DE RECHERCHES ET DE TECHNIQUES AUTOMOBILES in its sector

Comparison with sector Commerce de gros d'équipements automobiles

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (29 transactions). This range of 685 208€ to 2 489 623€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
685k€ 1624k€ 2489k€
1 624 458 € Range: 685 208€ - 2 489 623€
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 (Commerce de gros d'équipements automobiles)

Compare CENTRE EUROPEEN D'ESSAIS DE RECHERCHES ET DE TECHNIQUES AUTOMOBILES with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de gros d'équipements automobiles

Frequently asked questions about CENTRE EUROPEEN D'ESSAIS DE RECHERCHES ET DE TECHNIQUES AUTOMOBILES

What is the revenue of CENTRE EUROPEEN D'ESSAIS DE RECHERCHES ET DE TECHNIQUES AUTOMOBILES ?

The revenue of CENTRE EUROPEEN D'ESSAIS DE RECHERCHES ET DE TECHNIQUES AUTOMOBILES in 2024 is 7.9 M€.

Is CENTRE EUROPEEN D'ESSAIS DE RECHERCHES ET DE TECHNIQUES AUTOMOBILES profitable?

Yes, CENTRE EUROPEEN D'ESSAIS DE RECHERCHES ET DE TECHNIQUES AUTOMOBILES generated a net profit of 107 k€ in 2024.

Where is the headquarters of CENTRE EUROPEEN D'ESSAIS DE RECHERCHES ET DE TECHNIQUES AUTOMOBILES ?

The headquarters of CENTRE EUROPEEN D'ESSAIS DE RECHERCHES ET DE TECHNIQUES AUTOMOBILES is located in ISSOIRE (63500), in the department Puy-de-Dome.

Where to find the tax return of CENTRE EUROPEEN D'ESSAIS DE RECHERCHES ET DE TECHNIQUES AUTOMOBILES ?

The tax return of CENTRE EUROPEEN D'ESSAIS DE RECHERCHES ET DE TECHNIQUES AUTOMOBILES 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 EUROPEEN D'ESSAIS DE RECHERCHES ET DE TECHNIQUES AUTOMOBILES operate?

CENTRE EUROPEEN D'ESSAIS DE RECHERCHES ET DE TECHNIQUES AUTOMOBILES operates in the sector Commerce de gros d'équipements automobiles (NAF code 45.31Z). See the 'Sector positioning' section above to compare the company with its competitors.