COMPAGNIE THERMIQUE EUROPEENNE : revenue, balance sheet and financial ratios

COMPAGNIE THERMIQUE EUROPEENNE is a French company founded 27 years ago, specialized in the sector Ingénierie, études techniques. Based in SURY-LE-COMTAL (42450), this company of category ETI shows in 2024 a revenue of 31.0 M€. 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

Financial history - COMPAGNIE THERMIQUE EUROPEENNE (SIREN 419372636)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 30 950 443 € 41 686 157 € 45 530 593 € 42 023 667 € 29 384 190 € 19 995 388 € 27 254 051 € 22 626 270 € 14 075 085 €
Net income 2 507 128 € 2 305 079 € 1 263 985 € 3 194 642 € 953 338 € 820 108 € 750 194 € 824 618 € 387 154 €
EBITDA 3 095 026 € 2 677 899 € 2 583 791 € 4 615 604 € 1 282 634 € 1 173 478 € 876 766 € 1 103 990 € 282 777 €
Net margin 8.1% 5.5% 2.8% 7.6% 3.2% 4.1% 2.8% 3.6% 2.8%

Revenue and income statement

In 2024, COMPAGNIE THERMIQUE EUROPEENNE achieves revenue of 31.0 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +10.4%. Significant drop of -26% vs 2023. After deducting consumption (4.3 M€), gross margin stands at 26.7 M€, i.e. a rate of 86%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 3.1 M€, representing 10.0% of revenue. Positive scissor effect: EBITDA margin improves by +3.6 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 2.5 M€, i.e. 8.1% 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

30 950 443 €

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

26 655 537 €

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

3 095 026 €

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

2 729 020 €

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

2 507 128 €

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

10.0%

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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 37%. The balance between equity and debt is satisfactory. Cash flow represents 8.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

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

0.111%

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

37.241%

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

8.208%

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

27.1%

Solvency indicators evolution
COMPAGNIE THERMIQUE EUROPEENNE

Sector positioning

Debt ratio
0.11 2024
2022
2023
2024
Q1: 0.0
Med: 8.25
Q3: 42.9
Good

In 2024, the debt ratio of COMPAGNIE THERMIQUE EUROP... (0.11) 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
37.24% 2024
2022
2023
2024
Q1: 11.27%
Med: 37.87%
Q3: 61.33%
Average +21 pts over 3 years

In 2024, the financial autonomy of COMPAGNIE THERMIQUE EUROP... (37.2%) 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
0.0 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.9 years
Excellent

In 2024, the repayment capacity of COMPAGNIE THERMIQUE EUROP... (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 198.57. 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 0.1x. 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

198.573

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

0.137

Liquidity indicators evolution
COMPAGNIE THERMIQUE EUROPEENNE

Sector positioning

Liquidity ratio
198.57 2024
2022
2023
2024
Q1: 148.97
Med: 229.92
Q3: 405.25
Average +10 pts over 3 years

In 2024, the liquidity ratio of COMPAGNIE THERMIQUE EUROP... (198.57) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
0.14x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 2.05x
Good

In 2024, the interest coverage of COMPAGNIE THERMIQUE EUROP... (0.1x) 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: 72 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 52 days. The company must finance 20 days of gap between collections and payments. Overall, WCR represents 33 days of revenue, i.e. 2.9 M€ to permanently finance. Over 2016-2024, WCR increased by +31%, 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

2 867 249 €

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

72 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

52 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

33 j

WCR and payment terms evolution
COMPAGNIE THERMIQUE EUROPEENNE

Positioning of COMPAGNIE THERMIQUE EUROPEENNE in its sector

Comparison with sector Ingénierie, études techniques

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (40 transactions). This range of 1 871 634€ to 9 979 613€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
1871k€ 3796k€ 9979k€
3 796 266 € Range: 1 871 634€ - 9 979 613€
NAF 5 année 2024

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 40 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 COMPAGNIE THERMIQUE EUROPEENNE with other companies in the same sector:

Voir toutes les statistiques du secteur Ingénierie, études techniques

Frequently asked questions about COMPAGNIE THERMIQUE EUROPEENNE

What is the revenue of COMPAGNIE THERMIQUE EUROPEENNE ?

The revenue of COMPAGNIE THERMIQUE EUROPEENNE in 2024 is 31.0 M€.

Is COMPAGNIE THERMIQUE EUROPEENNE profitable?

Yes, COMPAGNIE THERMIQUE EUROPEENNE generated a net profit of 2.5 M€ in 2024.

Where is the headquarters of COMPAGNIE THERMIQUE EUROPEENNE ?

The headquarters of COMPAGNIE THERMIQUE EUROPEENNE is located in SURY-LE-COMTAL (42450), in the department Loire.

Where to find the tax return of COMPAGNIE THERMIQUE EUROPEENNE ?

The tax return of COMPAGNIE THERMIQUE EUROPEENNE 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 COMPAGNIE THERMIQUE EUROPEENNE operate?

COMPAGNIE THERMIQUE EUROPEENNE operates in the sector Ingénierie, études techniques (NAF code 71.12B). See the 'Sector positioning' section above to compare the company with its competitors.