ESPEZEL TRAVAUX PUBLICS : revenue, balance sheet and financial ratios

ESPEZEL TRAVAUX PUBLICS is a French company founded 21 years ago, specialized in the sector Travaux de terrassement courants et travaux préparatoires. Based in PACT (38270), this company of category PME shows in 2021 a revenue of 349 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 - ESPEZEL TRAVAUX PUBLICS (SIREN 453983736)
Indicator 2021 2020 2019 2018 2017 2016
Revenue 349 027 € 277 457 € 242 900 € 213 121 € 177 485 € 280 919 €
Net income 5 770 € 34 738 € 26 125 € 7 165 € 2 915 € 33 878 €
EBITDA -16 607 € 39 775 € 40 336 € -4 673 € -5 863 € 44 291 €
Net margin 1.7% 12.5% 10.8% 3.4% 1.6% 12.1%

Revenue and income statement

In 2021, ESPEZEL TRAVAUX PUBLICS achieves revenue of 349 k€. Revenue is growing positively over 6 years (CAGR: +4.4%). Vs 2020, growth of +26% (277 k€ -> 349 k€). After deducting consumption (57 k€), gross margin stands at 292 k€, i.e. a rate of 84%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -17 k€, representing -4.8% of revenue. Warning negative scissor effect: despite revenue change (+26%), EBITDA varies by -142%, reducing margin by 19.1 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 6 k€, i.e. 1.7% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2021) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

349 027 €

Gross margin (2021) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

291 946 €

EBITDA (2021) ?
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

-16 607 €

EBIT (2021) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

2 868 €

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

5 770 €

EBITDA margin (2021) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-4.8%

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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 21%. 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 14%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

21.211%

Financial autonomy (2021) ?
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

13.624%

Cash flow / Revenue (2021) ?
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

-4.77%

Repayment capacity (2021) ?
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

-0.012

Asset age ratio (2021) ?
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

3.6%

Solvency indicators evolution
ESPEZEL TRAVAUX PUBLICS

Sector positioning

Debt ratio
21.21 2021
2019
2020
2021
Q1: 9.7
Med: 46.33
Q3: 119.94
Good +8 pts over 3 years

In 2021, the debt ratio of ESPEZEL TRAVAUX PUBLICS (21.21) 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
13.62% 2021
2019
2020
2021
Q1: 18.84%
Med: 36.58%
Q3: 54.16%
Average

In 2021, the financial autonomy of ESPEZEL TRAVAUX PUBLICS (13.6%) 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
-0.01 years 2021
2019
2020
2021
Q1: 0.0 years
Med: 0.78 years
Q3: 2.72 years
Excellent -24 pts over 3 years

In 2021, the repayment capacity of ESPEZEL TRAVAUX PUBLICS (-0.01) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 110.98. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2021) ?
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

110.979

Interest coverage (2021) ?
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
ESPEZEL TRAVAUX PUBLICS

Sector positioning

Liquidity ratio
110.98 2021
2019
2020
2021
Q1: 141.4
Med: 199.56
Q3: 294.75
Watch +10 pts over 3 years

In 2021, the liquidity ratio of ESPEZEL TRAVAUX PUBLICS (110.98) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
0.0x 2021
2019
2020
2021
Q1: 0.0x
Med: 0.66x
Q3: 2.67x
Average

In 2021, the interest coverage of ESPEZEL TRAVAUX PUBLICS (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: 33 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 48 days. Favorable situation: supplier credit is longer than customer credit by 15 days. Overall, WCR represents 33 days of revenue, i.e. 32 k€ to permanently finance. Over 2016-2021, WCR increased by +203%, requiring additional financing.

Operating WCR (2021) ?
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

31 974 €

Customer credit (2021) ?
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

33 j

Supplier credit (2021) ?
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

48 j

Inventory turnover (2021) ?
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 (2021) ?
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

33 j

WCR and payment terms evolution
ESPEZEL TRAVAUX PUBLICS

Positioning of ESPEZEL TRAVAUX PUBLICS 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 ESPEZEL TRAVAUX PUBLICS is estimated at 55 138 € (range 27 557€ - 124 543€). 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 2021
120 transactions
27k€ 55k€ 124k€
55 138 € Range: 27 557€ - 124 543€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

Revenue Multiple 30%
349 027 € × 0.22x
Estimation 78 375 €
42 156€ - 169 718€
Net Income Multiple 20%
5 770 € × 3.5x
Estimation 20 284 €
5 659€ - 56 781€

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 ESPEZEL TRAVAUX PUBLICS with other companies in the same sector:

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

Frequently asked questions about ESPEZEL TRAVAUX PUBLICS

What is the revenue of ESPEZEL TRAVAUX PUBLICS ?

The revenue of ESPEZEL TRAVAUX PUBLICS in 2021 is 349 k€.

Is ESPEZEL TRAVAUX PUBLICS profitable?

Yes, ESPEZEL TRAVAUX PUBLICS generated a net profit of 6 k€ in 2021.

Where is the headquarters of ESPEZEL TRAVAUX PUBLICS ?

The headquarters of ESPEZEL TRAVAUX PUBLICS is located in PACT (38270), in the department Isere.

Where to find the tax return of ESPEZEL TRAVAUX PUBLICS ?

The tax return of ESPEZEL TRAVAUX PUBLICS 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 ESPEZEL TRAVAUX PUBLICS operate?

ESPEZEL TRAVAUX PUBLICS 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.