DAVID-TECHNIQUE-CHAUFFAGE DTC : revenue, balance sheet and financial ratios

DAVID-TECHNIQUE-CHAUFFAGE DTC is a French company founded 20 years ago, specialized in the sector Travaux d'installation d'eau et de gaz en tous locaux. Based in AIX-EN-PROVENCE (13540), this company of category PME shows in 2024 a revenue of 265 k€. 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 - DAVID-TECHNIQUE-CHAUFFAGE DTC (SIREN 488411570)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 265 280 € 279 137 € 258 905 € 260 807 € 199 065 € 225 607 € 215 944 € 194 194 € 187 540 €
Net income 1 033 € 3 593 € 8 837 € 498 € 1 756 € 1 581 € -6 829 € 3 231 € 280 €
EBITDA 1 178 € -2 650 € 9 920 € 1 272 € 1 680 € 2 130 € -7 467 € 3 763 € 58 €
Net margin 0.4% 1.3% 3.4% 0.2% 0.9% 0.7% -3.2% 1.7% 0.1%

Revenue and income statement

In 2024, DAVID-TECHNIQUE-CHAUFFAGE DTC achieves revenue of 265 k€. Revenue is growing positively over 9 years (CAGR: +4.4%). Slight decline of -5% vs 2023. After deducting consumption (105 k€), gross margin stands at 160 k€, i.e. a rate of 60%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1 k€, representing 0.4% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1 k€, i.e. 0.4% 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

265 280 €

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

160 124 €

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

1 178 €

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

1 317 €

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

1 033 €

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

0.4%

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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 2%. 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 71%. 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 0.8 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 0.4% 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

1.778%

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

70.881%

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

0.389%

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

0.793

Solvency indicators evolution
DAVID-TECHNIQUE-CHAUFFAGE DTC

Sector positioning

Debt ratio
1.78 2024
2022
2023
2024
Q1: 1.98
Med: 14.74
Q3: 43.33
Excellent

In 2024, the debt ratio of DAVID-TECHNIQUE-CHAUFFAGE... (1.78) 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
70.88% 2024
2022
2023
2024
Q1: 11.67%
Med: 37.82%
Q3: 58.38%
Excellent

In 2024, the financial autonomy of DAVID-TECHNIQUE-CHAUFFAGE... (70.9%) 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
0.79 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.07 years
Q3: 1.06 years
Average +43 pts over 3 years

In 2024, the repayment capacity of DAVID-TECHNIQUE-CHAUFFAGE... (0.79) 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 333.82. 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 0.6x. 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

333.823

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

0.594

Liquidity indicators evolution
DAVID-TECHNIQUE-CHAUFFAGE DTC

Sector positioning

Liquidity ratio
333.82 2024
2022
2023
2024
Q1: 156.36
Med: 226.44
Q3: 343.82
Good +24 pts over 3 years

In 2024, the liquidity ratio of DAVID-TECHNIQUE-CHAUFFAGE... (333.82) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
0.59x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 2.01x
Good -18 pts over 3 years

In 2024, the interest coverage of DAVID-TECHNIQUE-CHAUFFAGE... (0.6x) 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: 54 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 37 days. The company must finance 17 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 83 days of revenue, i.e. 61 k€ to permanently finance. Over 2016-2024, WCR increased by +71%, 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

61 465 €

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

54 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

37 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

13 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

83 j

WCR and payment terms evolution
DAVID-TECHNIQUE-CHAUFFAGE DTC

Positioning of DAVID-TECHNIQUE-CHAUFFAGE DTC in its sector

Comparison with sector Travaux d'installation d'eau et de gaz en tous locaux

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (28 transactions). This range of 9 390€ to 16 692€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
9k€ 13k€ 16k€
13 860 € Range: 9 390€ - 16 692€
NAF 5 année 2024

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 28 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 (Travaux d'installation d'eau et de gaz en tous locaux)

Compare DAVID-TECHNIQUE-CHAUFFAGE DTC with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux d'installation d'eau et de gaz en tous locaux

Frequently asked questions about DAVID-TECHNIQUE-CHAUFFAGE DTC

What is the revenue of DAVID-TECHNIQUE-CHAUFFAGE DTC ?

The revenue of DAVID-TECHNIQUE-CHAUFFAGE DTC in 2024 is 265 k€.

Is DAVID-TECHNIQUE-CHAUFFAGE DTC profitable?

Yes, DAVID-TECHNIQUE-CHAUFFAGE DTC generated a net profit of 1 k€ in 2024.

Where is the headquarters of DAVID-TECHNIQUE-CHAUFFAGE DTC ?

The headquarters of DAVID-TECHNIQUE-CHAUFFAGE DTC is located in AIX-EN-PROVENCE (13540), in the department Bouches-du-Rhone.

Where to find the tax return of DAVID-TECHNIQUE-CHAUFFAGE DTC ?

The tax return of DAVID-TECHNIQUE-CHAUFFAGE DTC 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 DAVID-TECHNIQUE-CHAUFFAGE DTC operate?

DAVID-TECHNIQUE-CHAUFFAGE DTC operates in the sector Travaux d'installation d'eau et de gaz en tous locaux (NAF code 43.22A). See the 'Sector positioning' section above to compare the company with its competitors.