EIFFAGE ENERGIE SYSTEMES - EXPAIR : revenue, balance sheet and financial ratios

EIFFAGE ENERGIE SYSTEMES - EXPAIR is a French company founded 41 years ago, specialized in the sector Travaux d'installation d'équipements thermiques et de climatisation. Based in LA PENNE-SUR-HUVEAUNE (13821), this company of category GE shows in 2024 a revenue of 5.7 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 - EIFFAGE ENERGIE SYSTEMES - EXPAIR (SIREN 330385121)
Indicator 2024 2023 2022 2021 2020 2019 2019 2018 2017 2016
Revenue 5 711 190 € 4 216 553 € 3 816 053 € 4 060 185 € 4 499 035 € 5 233 185 € 1 010 740 € 4 701 758 € 4 626 034 € 4 381 892 €
Net income 295 979 € 262 791 € 203 840 € -36 013 € 91 375 € 389 724 € -19 337 € 340 842 € 321 447 € 344 253 €
EBITDA 298 580 € 324 872 € 221 561 € -30 924 € 94 605 € 427 762 € -35 273 € 522 320 € 423 029 € 378 990 €
Net margin 5.2% 6.2% 5.3% -0.9% 2.0% 7.4% -1.9% 7.2% 6.9% 7.9%

Revenue and income statement

In 2024, EIFFAGE ENERGIE SYSTEMES - EXPAIR achieves revenue of 5.7 M€. Revenue is growing positively over 10 years (CAGR: +3.4%). Vs 2023, growth of +35% (4.2 M€ -> 5.7 M€). After deducting consumption (1.6 M€), gross margin stands at 4.1 M€, i.e. a rate of 73%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 299 k€, representing 5.2% of revenue. Warning negative scissor effect: despite revenue change (+35%), EBITDA varies by -8%, reducing margin by 2.5 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 296 k€, i.e. 5.2% 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

5 711 190 €

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

4 141 033 €

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

298 580 €

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

244 508 €

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

295 979 €

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

5.2%

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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 4%. 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 13%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 6.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

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

3.93%

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

13.19%

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

6.141%

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

0.055

Asset age ratio (2024) ?
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

2.9%

Solvency indicators evolution
EIFFAGE ENERGIE SYSTEMES - EXPAIR

Sector positioning

Debt ratio
3.93 2024
2022
2023
2024
Q1: 1.0
Med: 13.24
Q3: 41.25
Good +6 pts over 3 years

In 2024, the debt ratio of EIFFAGE ENERGIE SYSTEMES ... (3.93) 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
13.19% 2024
2022
2023
2024
Q1: 17.51%
Med: 38.82%
Q3: 57.73%
Average

In 2024, the financial autonomy of EIFFAGE ENERGIE SYSTEMES ... (13.2%) 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
0.06 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.09 years
Q3: 1.03 years
Good +15 pts over 3 years

In 2024, the repayment capacity of EIFFAGE ENERGIE SYSTEMES ... (0.06) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 168.45. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

168.447

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

0.0

Liquidity indicators evolution
EIFFAGE ENERGIE SYSTEMES - EXPAIR

Sector positioning

Liquidity ratio
168.45 2024
2022
2023
2024
Q1: 154.24
Med: 215.08
Q3: 312.23
Average

In 2024, the liquidity ratio of EIFFAGE ENERGIE SYSTEMES ... (168.45) 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
0.0x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.09x
Q3: 2.3x
Average

In 2024, the interest coverage of EIFFAGE ENERGIE SYSTEMES ... (0.0x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

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: 77 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 105 days. Favorable situation: supplier credit is longer than customer credit by 28 days. Overall, WCR represents 81 days of revenue, i.e. 1.3 M€ to permanently finance. Over 2016-2024, WCR increased by +44%, 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

1 285 132 €

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

77 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

105 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

0 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

81 j

WCR and payment terms evolution
EIFFAGE ENERGIE SYSTEMES - EXPAIR

Positioning of EIFFAGE ENERGIE SYSTEMES - EXPAIR in its sector

Comparison with sector Travaux d'installation d'équipements thermiques et de climatisation

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (28 transactions). This range of 268 845€ to 1 009 280€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
268k€ 586k€ 1009k€
586 132 € Range: 268 845€ - 1 009 280€
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'équipements thermiques et de climatisation)

Compare EIFFAGE ENERGIE SYSTEMES - EXPAIR with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux d'installation d'équipements thermiques et de climatisation

Frequently asked questions about EIFFAGE ENERGIE SYSTEMES - EXPAIR

What is the revenue of EIFFAGE ENERGIE SYSTEMES - EXPAIR ?

The revenue of EIFFAGE ENERGIE SYSTEMES - EXPAIR in 2024 is 5.7 M€.

Is EIFFAGE ENERGIE SYSTEMES - EXPAIR profitable?

Yes, EIFFAGE ENERGIE SYSTEMES - EXPAIR generated a net profit of 296 k€ in 2024.

Where is the headquarters of EIFFAGE ENERGIE SYSTEMES - EXPAIR ?

The headquarters of EIFFAGE ENERGIE SYSTEMES - EXPAIR is located in LA PENNE-SUR-HUVEAUNE (13821), in the department Bouches-du-Rhone.

Where to find the tax return of EIFFAGE ENERGIE SYSTEMES - EXPAIR ?

The tax return of EIFFAGE ENERGIE SYSTEMES - EXPAIR 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 EIFFAGE ENERGIE SYSTEMES - EXPAIR operate?

EIFFAGE ENERGIE SYSTEMES - EXPAIR operates in the sector Travaux d'installation d'équipements thermiques et de climatisation (NAF code 43.22B). See the 'Sector positioning' section above to compare the company with its competitors.