ECLAIRAGES SYSTEMES DIFFUSION : revenue, balance sheet and financial ratios

ECLAIRAGES SYSTEMES DIFFUSION is a French company founded 10 years ago, specialized in the sector Commerce de gros (commerce interentreprises) de matériel électrique. Based in WOLFISHEIM (67202), this company of category PME shows in 2019 a revenue of 816 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 - ECLAIRAGES SYSTEMES DIFFUSION (SIREN 813458445)
Indicator 2019 2018 2017 2016
Revenue 815 771 € 749 569 € 764 861 € 424 981 €
Net income 28 707 € 36 684 € 32 031 € 213 €
EBITDA 38 118 € 51 747 € 40 757 € 2 543 €
Net margin 3.5% 4.9% 4.2% 0.1%

Revenue and income statement

In 2019, ECLAIRAGES SYSTEMES DIFFUSION achieves revenue of 816 k€. Over the period 2016-2019, the company shows strong growth with a CAGR (compound annual growth rate) of +24.3%. Vs 2018: +9%. After deducting consumption (663 k€), gross margin stands at 153 k€, i.e. a rate of 19%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 38 k€, representing 4.7% of revenue. Warning negative scissor effect: despite revenue change (+9%), EBITDA varies by -26%, reducing margin by 2.2 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 29 k€, i.e. 3.5% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2019) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

815 771 €

Gross margin (2019) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

152 715 €

EBITDA (2019) ?
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

38 118 €

EBIT (2019) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

37 435 €

Net income (2019) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

28 707 €

EBITDA margin (2019) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

4.7%

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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 81%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 31%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 3.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2019) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

81.238%

Financial autonomy (2019) ?
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

30.98%

Cash flow / Revenue (2019) ?
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

3.603%

Repayment capacity (2019) ?
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

2.234

Asset age ratio (2019) ?
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

61.3%

Solvency indicators evolution
ECLAIRAGES SYSTEMES DIFFUSION

Sector positioning

Debt ratio
81.24 2019
2017
2018
2019
Q1: 0.13
Med: 8.94
Q3: 48.8
Average +29 pts over 3 years

In 2019, the debt ratio of ECLAIRAGES SYSTEMES DIFFU... (81.24) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
30.98% 2019
2017
2018
2019
Q1: 20.27%
Med: 41.11%
Q3: 60.82%
Average

In 2019, the financial autonomy of ECLAIRAGES SYSTEMES DIFFU... (31.0%) 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
2.23 years 2019
2017
2018
2019
Q1: 0.0 years
Med: 0.11 years
Q3: 1.54 years
Average +25 pts over 3 years

In 2019, the repayment capacity of ECLAIRAGES SYSTEMES DIFFU... (2.23) 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 209.29. 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 10.2x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2019) ?
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

209.286

Interest coverage (2019) ?
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

10.213

Liquidity indicators evolution
ECLAIRAGES SYSTEMES DIFFUSION

Sector positioning

Liquidity ratio
209.29 2019
2017
2018
2019
Q1: 144.44
Med: 203.87
Q3: 303.75
Good +27 pts over 3 years

In 2019, the liquidity ratio of ECLAIRAGES SYSTEMES DIFFU... (209.29) 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
10.21x 2019
2017
2018
2019
Q1: 0.0x
Med: 0.37x
Q3: 4.33x
Excellent

In 2019, the interest coverage of ECLAIRAGES SYSTEMES DIFFU... (10.2x) 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: 60 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 49 days. The company must finance 11 days of gap between collections and payments. Inventory turnover is 1 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 67 days of revenue, i.e. 152 k€ to permanently finance. Over 2016-2019, WCR increased by +107%, requiring additional financing.

Operating WCR (2019) ?
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

152 084 €

Customer credit (2019) ?
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

60 j

Supplier credit (2019) ?
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

49 j

Inventory turnover (2019) ?
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

1 j

WCR in days of revenue (2019) ?
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

67 j

WCR and payment terms evolution
ECLAIRAGES SYSTEMES DIFFUSION

Positioning of ECLAIRAGES SYSTEMES DIFFUSION in its sector

Comparison with sector Commerce de gros (commerce interentreprises) de matériel électrique

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (48 transactions). This range of 29 433€ to 134 823€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2019
Indicative
29k€ 62k€ 134k€
62 259 € Range: 29 433€ - 134 823€
NAF 5 année 2019

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 48 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 (Commerce de gros (commerce interentreprises) de matériel électrique)

Compare ECLAIRAGES SYSTEMES DIFFUSION with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de gros (commerce interentreprises) de matériel électrique

Frequently asked questions about ECLAIRAGES SYSTEMES DIFFUSION

What is the revenue of ECLAIRAGES SYSTEMES DIFFUSION ?

The revenue of ECLAIRAGES SYSTEMES DIFFUSION in 2019 is 816 k€.

Is ECLAIRAGES SYSTEMES DIFFUSION profitable?

Yes, ECLAIRAGES SYSTEMES DIFFUSION generated a net profit of 29 k€ in 2019.

Where is the headquarters of ECLAIRAGES SYSTEMES DIFFUSION ?

The headquarters of ECLAIRAGES SYSTEMES DIFFUSION is located in WOLFISHEIM (67202), in the department Bas-Rhin.

Where to find the tax return of ECLAIRAGES SYSTEMES DIFFUSION ?

The tax return of ECLAIRAGES SYSTEMES DIFFUSION 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 ECLAIRAGES SYSTEMES DIFFUSION operate?

ECLAIRAGES SYSTEMES DIFFUSION operates in the sector Commerce de gros (commerce interentreprises) de matériel électrique (NAF code 46.69A). See the 'Sector positioning' section above to compare the company with its competitors.