SIREN : 351750740
CORREGE SERVICES is a French company founded 36 years ago, specialized in the sector Réparation d'équipements électriques. Based in CHAIGNES (27120), this company of category PME shows in 2024 a revenue of 1.2 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2015 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1 197 459 € | 963 525 € | 770 260 € | 847 420 € | 395 993 € | 433 992 € | 383 964 € | 323 499 € | 398 730 € |
| Net income | 219 334 € | 149 814 € | 16 349 € | -175 297 € | 38 693 € | 6 894 € | 2 261 € | -20 601 € | 2 127 € |
| EBITDA | 275 393 € | 178 804 € | 39 128 € | 77 649 € | 43 958 € | 24 344 € | 9 346 € | -16 419 € | 22 963 € |
| Net margin | 18.3% | 15.5% | 2.1% | -20.7% | 9.8% | 1.6% | 0.6% | -6.4% | 0.5% |
In 2024, CORREGE SERVICES achieves revenue of 1.2 M€. Over the period 2015-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +13.0%. Vs 2023, growth of +24% (964 k€ -> 1.2 M€). After deducting consumption (383 k€), gross margin stands at 814 k€, i.e. a rate of 68%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 275 k€, representing 23.0% of revenue. Positive scissor effect: EBITDA margin improves by +4.4 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 219 k€, i.e. 18.3% of revenue. This profit can be retained or distributed to shareholders.
1 197 459 €
814 184 €
275 393 €
271 826 €
219 334 €
23.0%
The debt ratio (= Financial debt / Equity x 100) stands at 252%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 14%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.7 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 17.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
251.765%
14.329%
17.754%
0.691
13.0%
In 2024, the debt ratio of CORREGE SERVICES (251.76) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.
In 2024, the financial autonomy of CORREGE SERVICES (14.3%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.
In 2024, the repayment capacity of CORREGE SERVICES (0.69) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 187.86. 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 3.0x. Financial charges are adequately covered by operations.
187.856
3.023
In 2024, the liquidity ratio of CORREGE SERVICES (187.86) 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.
In 2024, the interest coverage of CORREGE SERVICES (3.0x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 75 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 67 days. The company must finance 8 days of gap between collections and payments. Inventory turnover is 13 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 75 days of revenue, i.e. 250 k€ to permanently finance.
249 814 €
75 j
67 j
13 j
75 j
Based on 197 transactions of similar company sales (all years), the value of CORREGE SERVICES is estimated at 523 914 € (range 194 767€ - 1 247 917€). With an EBITDA of 275 393€, the sector multiple of 2.4x is applied. The price/revenue ratio is 0.28x (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.
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This estimate is based on the analysis of 197 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare CORREGE SERVICES with other companies in the same sector:
Voir toutes les statistiques du secteur Réparation d'équipements électriques
The revenue of CORREGE SERVICES in 2024 is 1.2 M€.
Yes, CORREGE SERVICES generated a net profit of 219 k€ in 2024.
The headquarters of CORREGE SERVICES is located in CHAIGNES (27120), in the department Eure.
The tax return of CORREGE SERVICES 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).
CORREGE SERVICES operates in the sector Réparation d'équipements électriques (NAF code 33.14Z). See the 'Sector positioning' section above to compare the company with its competitors.