SIREN : 799770946
CS MERLE SUD 2 is a French company founded 12 years ago, specialized in the sector Production d'électricité. Based in BEZIERS (34500), this company of category PME shows in 2024 a revenue of 599 k€. 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 598 717 € | 425 790 € | 394 534 € | 340 836 € | N/C | N/C | N/C | N/C |
| Net income | 199 314 € | 61 712 € | 72 108 € | 33 172 € | -11 905 € | -2 647 € | -2 123 € | -2 116 € |
| EBITDA | 467 295 € | 318 688 € | 294 234 € | 90 867 € | -11 971 € | -2 172 € | -2 116 € | -2 109 € |
| Net margin | 33.3% | 14.5% | 18.3% | 9.7% | N/C | N/C | N/C | N/C |
In 2024, CS MERLE SUD 2 achieves revenue of 599 k€. Over the period 2021-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +20.7%. Vs 2023, growth of +41% (426 k€ -> 599 k€). After deducting consumption (0 €), gross margin stands at 599 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 467 k€, representing 78.0% of revenue. Positive scissor effect: EBITDA margin improves by +3.2 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 199 k€, i.e. 33.3% of revenue. This profit can be retained or distributed to shareholders.
598 717 €
598 717 €
467 295 €
304 053 €
199 314 €
78.0%
The debt ratio (= Financial debt / Equity x 100) stands at 990%. 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 85%. 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 6.3 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 61.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
989.839%
84.545%
61.428%
6.304
79.4%
In 2024, the debt ratio of CS MERLE SUD 2 (989.84) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2024, the financial autonomy of CS MERLE SUD 2 (84.5%) 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.
In 2024, the repayment capacity of CS MERLE SUD 2 (6.30) 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 108.61. 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 9.2x. Operating income very largely covers interest expenses: high safety margin.
108.609
9.158
In 2024, the liquidity ratio of CS MERLE SUD 2 (108.61) 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 CS MERLE SUD 2 (9.2x) 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: 41 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 96 days. Excellent situation: suppliers finance 55 days of the operating cycle (retail model). WCR is negative (-42 days): operations structurally generate cash.
-70 403 €
41 j
96 j
0 j
-42 j
Based on 85 transactions of similar company sales
(all years),
the value of CS MERLE SUD 2 is estimated at
804 405 €
(range 115 649€ - 3 175 353€).
With an EBITDA of 467 295€, the sector multiple of 2.4x is applied.
The price/revenue ratio is 0.69x
(in line with sector norms).
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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 85 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 CS MERLE SUD 2 with other companies in the same sector:
Voir toutes les statistiques du secteur Production d'électricité
The revenue of CS MERLE SUD 2 in 2024 is 599 k€.
Yes, CS MERLE SUD 2 generated a net profit of 199 k€ in 2024.
The headquarters of CS MERLE SUD 2 is located in BEZIERS (34500), in the department Herault.
The tax return of CS MERLE SUD 2 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).
CS MERLE SUD 2 operates in the sector Production d'électricité (NAF code 35.11Z). See the 'Sector positioning' section above to compare the company with its competitors.