ESPACES ET RESEAUX CREATION EURL : revenue, balance sheet and financial ratios

ESPACES ET RESEAUX CREATION EURL is a French company founded 29 years ago, specialized in the sector Travaux de terrassement courants et travaux préparatoires. Based in HERBEYS (38320), this company of category PME shows in 2022 a revenue of 285 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

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

Financial history - ESPACES ET RESEAUX CREATION EURL (SIREN 411681646)
Indicator 2022 2021 2020 2019 2018 2017
Revenue 284 758 € 328 724 € 300 846 € 363 957 € 302 262 € 316 605 €
Net income 28 116 € 77 668 € 42 852 € 81 113 € 59 856 € 80 750 €
EBITDA 33 043 € 81 463 € 47 092 € 88 940 € 67 223 € 87 423 €
Net margin 9.9% 23.6% 14.2% 22.3% 19.8% 25.5%

Revenue and income statement

In 2022, ESPACES ET RESEAUX CREATION EURL achieves revenue of 285 k€. Activity remains stable over the period (CAGR: -2.1%). Significant drop of -13% vs 2021. After deducting consumption (82 k€), gross margin stands at 203 k€, i.e. a rate of 71%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 33 k€, representing 11.6% of revenue. Warning negative scissor effect: despite revenue change (-13%), EBITDA varies by -59%, reducing margin by 13.2 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 28 k€, i.e. 9.9% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2022) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

284 758 €

Gross margin (2022) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

203 035 €

EBITDA (2022) ?
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

33 043 €

EBIT (2022) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

28 113 €

Net income (2022) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

28 116 €

EBITDA margin (2022) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

11.6%

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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 340%. 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 18%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 3.8 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 11.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2022) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

339.555%

Financial autonomy (2022) ?
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

18.272%

Cash flow / Revenue (2022) ?
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

11.557%

Repayment capacity (2022) ?
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

3.766

Asset age ratio (2022) ?
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

15.9%

Solvency indicators evolution
ESPACES ET RESEAUX CREATION EURL

Sector positioning

Debt ratio
339.56 2022
2020
2021
2022
Q1: 8.94
Med: 40.44
Q3: 111.6
Watch

In 2022, the debt ratio of ESPACES ET RESEAUX CREATI... (339.56) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
18.27% 2022
2020
2021
2022
Q1: 19.3%
Med: 36.62%
Q3: 54.23%
Average -9 pts over 3 years

In 2022, the financial autonomy of ESPACES ET RESEAUX CREATI... (18.3%) 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
3.77 years 2022
2020
2021
2022
Q1: 0.0 years
Med: 0.85 years
Q3: 2.66 years
Average

In 2022, the repayment capacity of ESPACES ET RESEAUX CREATI... (3.77) 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 486.53. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2022) ?
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

486.531

Interest coverage (2022) ?
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
ESPACES ET RESEAUX CREATION EURL

Sector positioning

Liquidity ratio
486.53 2022
2020
2021
2022
Q1: 140.75
Med: 198.01
Q3: 288.13
Excellent

In 2022, the liquidity ratio of ESPACES ET RESEAUX CREATI... (486.53) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
0.0x 2022
2020
2021
2022
Q1: 0.0x
Med: 0.87x
Q3: 3.24x
Average

In 2022, the interest coverage of ESPACES ET RESEAUX CREATI... (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: 60 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 37 days. The company must finance 23 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 70 days of revenue, i.e. 55 k€ to permanently finance. Notable WCR improvement over the period (-25%), freeing up cash.

Operating WCR (2022) ?
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

55 195 €

Customer credit (2022) ?
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 (2022) ?
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 (2022) ?
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 (2022) ?
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

70 j

WCR and payment terms evolution
ESPACES ET RESEAUX CREATION EURL

Positioning of ESPACES ET RESEAUX CREATION EURL in its sector

Comparison with sector Travaux de terrassement courants et travaux préparatoires

Valuation estimate

Based on 120 transactions of similar company sales (all years), the value of ESPACES ET RESEAUX CREATION EURL is estimated at 61 637 € (range 21 203€ - 157 004€). With an EBITDA of 33 043€, the sector multiple of 1.4x is applied. The price/revenue ratio is 0.22x (conservative valuation). 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.

Estimated enterprise value 2022
120 transactions
21k€ 61k€ 157k€
61 637 € Range: 21 203€ - 157 004€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
33 043 € × 1.4x
Estimation 45 374 €
10 742€ - 120 256€
Revenue Multiple 30%
284 758 € × 0.22x
Estimation 63 943 €
34 394€ - 138 467€
Net Income Multiple 20%
28 116 € × 3.5x
Estimation 98 840 €
27 573€ - 276 684€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 120 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 de terrassement courants et travaux préparatoires)

Compare ESPACES ET RESEAUX CREATION EURL with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux de terrassement courants et travaux préparatoires

Frequently asked questions about ESPACES ET RESEAUX CREATION EURL

What is the revenue of ESPACES ET RESEAUX CREATION EURL ?

The revenue of ESPACES ET RESEAUX CREATION EURL in 2022 is 285 k€.

Is ESPACES ET RESEAUX CREATION EURL profitable?

Yes, ESPACES ET RESEAUX CREATION EURL generated a net profit of 28 k€ in 2022.

Where is the headquarters of ESPACES ET RESEAUX CREATION EURL ?

The headquarters of ESPACES ET RESEAUX CREATION EURL is located in HERBEYS (38320), in the department Isere.

Where to find the tax return of ESPACES ET RESEAUX CREATION EURL ?

The tax return of ESPACES ET RESEAUX CREATION EURL 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 ESPACES ET RESEAUX CREATION EURL operate?

ESPACES ET RESEAUX CREATION EURL operates in the sector Travaux de terrassement courants et travaux préparatoires (NAF code 43.12A). See the 'Sector positioning' section above to compare the company with its competitors.