ETABLISSEMENTS MARINO FRERES : revenue, balance sheet and financial ratios

ETABLISSEMENTS MARINO FRERES is a French company founded 59 years ago, specialized in the sector Installation de structures métalliques, chaudronnées et de tuyauterie. Based in TOURCOING (59200), this company of category PME shows in 2019 a revenue of 1.8 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

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

Financial history - ETABLISSEMENTS MARINO FRERES (SIREN 886780253)
Indicator 2025 2024 2023 2021 2020 2019 2018 2017 2016
Revenue N/C N/C N/C N/C N/C 1 811 422 € 1 237 917 € 1 186 984 € 2 676 859 €
Net income 133 182 € 761 € 52 398 € -26 727 € 15 292 € 99 408 € 14 144 € -6 698 € 103 940 €
EBITDA N/C N/C N/C N/C N/C 174 196 € 44 637 € 6 927 € 207 426 €
Net margin N/C N/C N/C N/C N/C 5.5% 1.1% -0.6% 3.9%

Revenue and income statement

In 2025, ETABLISSEMENTS MARINO FRERES generates positive net income of 133 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2025: 104 k€ -> 133 k€.

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

133 182 €

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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 57%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 37%. The balance between equity and debt is satisfactory.

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

57.494%

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

36.691%

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

9.6%

Solvency indicators evolution
ETABLISSEMENTS MARINO FRERES

Sector positioning

Debt ratio
57.49 2025
2023
2024
2025
Q1: 3.28
Med: 17.77
Q3: 49.13
Watch

In 2025, the debt ratio of ETABLISSEMENTS MARINO FRERES (57.49) 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
36.69% 2025
2023
2024
2025
Q1: 24.05%
Med: 43.49%
Q3: 61.11%
Average -9 pts over 3 years

In 2025, the financial autonomy of ETABLISSEMENTS MARINO FRERES (36.7%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 227.91. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

227.913

Liquidity indicators evolution
ETABLISSEMENTS MARINO FRERES

Sector positioning

Liquidity ratio
227.91 2025
2023
2024
2025
Q1: 157.77
Med: 222.63
Q3: 323.55
Good -19 pts over 3 years

In 2025, the liquidity ratio of ETABLISSEMENTS MARINO FRERES (227.91) 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.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.

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

0 €

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

0 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

0 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

0 j

WCR and payment terms evolution
ETABLISSEMENTS MARINO FRERES

Positioning of ETABLISSEMENTS MARINO FRERES in its sector

Comparison with sector Installation de structures métalliques, chaudronnées et de tuyauterie

Valuation estimate

Based on 98 transactions of similar company sales (all years), the value of ETABLISSEMENTS MARINO FRERES is estimated at 369 042 € (range 127 761€ - 706 621€). 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.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2025
98 tx
127k€ 369k€ 706k€
369 042 € Range: 127 761€ - 706 621€
NAF 5 all-time

Valuation method used

Net Income Multiple
133 182 € × 2.8x = 369 043 €
Range: 127 762€ - 706 622€

Only this financial indicator is available for this company.

How is this estimate calculated?

This estimate is based on the analysis of 98 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 (Installation de structures métalliques, chaudronnées et de tuyauterie)

Compare ETABLISSEMENTS MARINO FRERES with other companies in the same sector:

Voir toutes les statistiques du secteur Installation de structures métalliques, chaudronnées et de tuyauterie

Frequently asked questions about ETABLISSEMENTS MARINO FRERES

What is the revenue of ETABLISSEMENTS MARINO FRERES ?

The revenue of ETABLISSEMENTS MARINO FRERES in 2019 is 1.8 M€.

Is ETABLISSEMENTS MARINO FRERES profitable?

Yes, ETABLISSEMENTS MARINO FRERES generated a net profit of 133 k€ in 2025.

Where is the headquarters of ETABLISSEMENTS MARINO FRERES ?

The headquarters of ETABLISSEMENTS MARINO FRERES is located in TOURCOING (59200), in the department Nord.

Where to find the tax return of ETABLISSEMENTS MARINO FRERES ?

The tax return of ETABLISSEMENTS MARINO FRERES 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 ETABLISSEMENTS MARINO FRERES operate?

ETABLISSEMENTS MARINO FRERES operates in the sector Installation de structures métalliques, chaudronnées et de tuyauterie (NAF code 33.20A). See the 'Sector positioning' section above to compare the company with its competitors.