E A D AEROSPACE AIRWORTHINESS : revenue, balance sheet and financial ratios

E A D AEROSPACE AIRWORTHINESS is a French company founded 28 years ago, specialized in the sector Ingénierie, études techniques. Based in LA BASTIDE-DES-JOURDANS (84240), this company of category PME shows in 2025 a revenue of 12.0 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-18

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - E A D AEROSPACE AIRWORTHINESS (SIREN 418034682)
Indicator 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 12 025 668 € 4 440 379 € 4 402 874 € 4 893 189 € 3 367 658 € 3 047 111 € 7 307 869 € 12 255 893 € 8 128 795 € N/C
Net income 544 271 € 608 926 € -661 034 € 204 274 € 107 673 € -30 030 € 432 292 € 1 382 984 € 1 287 729 € -245 111 €
EBITDA 1 319 067 € 881 157 € -168 876 € 542 827 € 449 610 € 371 € 985 987 € 2 921 436 € 2 141 174 € N/C
Net margin 4.5% 13.7% -15.0% 4.2% 3.2% -1.0% 5.9% 11.3% 15.8% N/C

Revenue and income statement

In 2025, E A D AEROSPACE AIRWORTHINESS achieves revenue of 12.0 M€. Over the period 2017-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +5.0%. Vs 2024, growth of +171% (4.4 M€ -> 12.0 M€). After deducting consumption (6.3 M€), gross margin stands at 5.8 M€, i.e. a rate of 48%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.3 M€, representing 11.0% of revenue. Warning negative scissor effect: despite revenue change (+171%), EBITDA varies by +50%, reducing margin by 8.9 pts. This reflects costs rising faster than revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 544 k€, i.e. 4.5% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2025) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

12 025 668 €

Gross margin (2025) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

5 757 925 €

EBITDA (2025) ?
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

1 319 067 €

EBIT (2025) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

771 767 €

Net income (2025) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

544 271 €

EBITDA margin (2025) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

10.9%

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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 9%. 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 56%. 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 0.5 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 8.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

Debt ratio (2025) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

8.639%

Financial autonomy (2025) ?
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

56.142%

Cash flow / Revenue (2025) ?
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

8.287%

Repayment capacity (2025) ?
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

0.472

Asset age ratio (2025) ?
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

30.6%

Solvency indicators evolution
E A D AEROSPACE AIRWORTHINESS

Sector positioning

Debt ratio
8.64 2025
2023
2024
2025
Q1: 0.18
Med: 11.29
Q3: 42.47
Good -19 pts over 3 years

In 2025, the debt ratio of E A D AEROSPACE AIRWORTHI... (8.64) 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
56.14% 2025
2023
2024
2025
Q1: 18.43%
Med: 42.58%
Q3: 63.72%
Good -9 pts over 3 years

In 2025, the financial autonomy of E A D AEROSPACE AIRWORTHI... (56.1%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
0.47 years 2025
2023
2024
2025
Q1: 0.0 years
Med: 0.04 years
Q3: 1.12 years
Average +35 pts over 3 years

In 2025, the repayment capacity of E A D AEROSPACE AIRWORTHI... (0.47) 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 192.75. 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 18.4x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2025) ?
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

192.748

Interest coverage (2025) ?
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

18.425

Liquidity indicators evolution
E A D AEROSPACE AIRWORTHINESS

Sector positioning

Liquidity ratio
192.75 2025
2023
2024
2025
Q1: 163.68
Med: 247.63
Q3: 405.08
Average -41 pts over 3 years

In 2025, the liquidity ratio of E A D AEROSPACE AIRWORTHI... (192.75) 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
18.43x 2025
2023
2024
2025
Q1: 0.0x
Med: 0.0x
Q3: 2.77x
Excellent +50 pts over 3 years

In 2025, the interest coverage of E A D AEROSPACE AIRWORTHI... (18.4x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

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: 39 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 83 days. Excellent situation: suppliers finance 44 days of the operating cycle (retail model). Inventory turnover is 48 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 106 days of revenue, i.e. 3.5 M€ to permanently finance.

Operating WCR (2025) ?
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

3 530 616 €

Customer credit (2025) ?
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

39 j

Supplier credit (2025) ?
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

83 j

Inventory turnover (2025) ?
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

48 j

WCR in days of revenue (2025) ?
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

106 j

WCR and payment terms evolution
E A D AEROSPACE AIRWORTHINESS

Positioning of E A D AEROSPACE AIRWORTHINESS in its sector

Comparison with sector Ingénierie, études techniques

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (34 transactions). This range of 875 459€ to 3 468 247€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2025
Indicative
875k€ 1300k€ 3468k€
1 300 106 € Range: 875 459€ - 3 468 247€
NAF 5 année 2025

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 34 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 E A D AEROSPACE AIRWORTHINESS with other companies in the same sector:

Voir toutes les statistiques du secteur Ingénierie, études techniques

Frequently asked questions about E A D AEROSPACE AIRWORTHINESS

What is the revenue of E A D AEROSPACE AIRWORTHINESS ?

The revenue of E A D AEROSPACE AIRWORTHINESS in 2025 is 12.0 M€.

Is E A D AEROSPACE AIRWORTHINESS profitable?

Yes, E A D AEROSPACE AIRWORTHINESS generated a net profit of 544 k€ in 2025.

Where is the headquarters of E A D AEROSPACE AIRWORTHINESS ?

The headquarters of E A D AEROSPACE AIRWORTHINESS is located in LA BASTIDE-DES-JOURDANS (84240), in the department Vaucluse.

Where to find the tax return of E A D AEROSPACE AIRWORTHINESS ?

The tax return of E A D AEROSPACE AIRWORTHINESS 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 E A D AEROSPACE AIRWORTHINESS operate?

E A D AEROSPACE AIRWORTHINESS operates in the sector Ingénierie, études techniques (NAF code 71.12B). See the 'Sector positioning' section above to compare the company with its competitors.