ETABLISSEMENTS MAURICE THEAUD SA : revenue, balance sheet and financial ratios

ETABLISSEMENTS MAURICE THEAUD SA is a French company founded 55 years ago, specialized in the sector Collecte des déchets non dangereux. Based in SAINT-MEEN-LE-GRAND (35290), this company of category ETI shows in 2024 a revenue of 27.0 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 MAURICE THEAUD SA (SIREN 320343866)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 27 023 552 € 27 630 121 € 25 779 759 € 23 987 186 € 21 282 238 € 19 223 673 € 17 488 434 € 13 360 425 € 14 493 747 €
Net income 530 273 € 598 002 € 643 750 € 745 630 € 772 227 € 916 514 € 419 616 € 200 240 € 235 402 €
EBITDA 2 351 792 € 2 279 257 € 2 289 374 € 1 971 926 € 1 571 177 € 1 850 636 € 1 059 682 € 416 228 € 535 908 €
Net margin 2.0% 2.2% 2.5% 3.1% 3.6% 4.8% 2.4% 1.5% 1.6%

Revenue and income statement

In 2024, ETABLISSEMENTS MAURICE THEAUD SA achieves revenue of 27.0 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +8.1%. Slight decline of -2% vs 2023. After deducting consumption (3.2 M€), gross margin stands at 23.9 M€, i.e. a rate of 88%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 2.4 M€, representing 8.7% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 530 k€, i.e. 2.0% 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

27 023 552 €

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

23 850 700 €

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

2 351 792 €

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

796 421 €

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

530 273 €

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

8.7%

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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 16%. 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 49%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.5 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 7.7% 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

15.571%

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

48.985%

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

7.673%

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

0.45

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

28.0%

Solvency indicators evolution
ETABLISSEMENTS MAURICE THEAUD SA

Sector positioning

Debt ratio
15.57 2024
2022
2023
2024
Q1: 0.0
Med: 15.49
Q3: 63.85
Good -11 pts over 3 years

In 2024, the debt ratio of ETABLISSEMENTS MAURICE TH... (15.57) 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
48.98% 2024
2022
2023
2024
Q1: 12.26%
Med: 33.27%
Q3: 50.43%
Good +16 pts over 3 years

In 2024, the financial autonomy of ETABLISSEMENTS MAURICE TH... (49.0%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
0.45 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.05 years
Q3: 1.43 years
Average -7 pts over 3 years

In 2024, the repayment capacity of ETABLISSEMENTS MAURICE TH... (0.45) 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 145.05. 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 0.8x. Danger: operating income does not cover interest charges, unsustainable situation.

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

145.051

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

0.786

Liquidity indicators evolution
ETABLISSEMENTS MAURICE THEAUD SA

Sector positioning

Liquidity ratio
145.05 2024
2022
2023
2024
Q1: 113.48
Med: 157.81
Q3: 230.0
Average

In 2024, the liquidity ratio of ETABLISSEMENTS MAURICE TH... (145.05) 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
0.79x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.62x
Q3: 7.0x
Good -13 pts over 3 years

In 2024, the interest coverage of ETABLISSEMENTS MAURICE TH... (0.8x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. 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. Average customer payment term: 51 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 49 days. The company must finance 2 days of gap between collections and payments. Inventory turnover is 7 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 39 days of revenue, i.e. 2.9 M€ to permanently finance. Over 2016-2024, WCR increased by +45%, 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

2 940 433 €

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

51 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

49 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

7 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

39 j

WCR and payment terms evolution
ETABLISSEMENTS MAURICE THEAUD SA

Positioning of ETABLISSEMENTS MAURICE THEAUD SA in its sector

Comparison with sector Collecte des déchets non dangereux

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (33 transactions). This range of 1 558 893€ to 2 957 288€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
1558k€ 2000k€ 2957k€
2 000 401 € Range: 1 558 893€ - 2 957 288€
NAF 5 all-time
How is this estimate calculated?

This estimate is based on the analysis of 33 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 (Collecte des déchets non dangereux)

Compare ETABLISSEMENTS MAURICE THEAUD SA with other companies in the same sector:

Voir toutes les statistiques du secteur Collecte des déchets non dangereux

Frequently asked questions about ETABLISSEMENTS MAURICE THEAUD SA

What is the revenue of ETABLISSEMENTS MAURICE THEAUD SA ?

The revenue of ETABLISSEMENTS MAURICE THEAUD SA in 2024 is 27.0 M€.

Is ETABLISSEMENTS MAURICE THEAUD SA profitable?

Yes, ETABLISSEMENTS MAURICE THEAUD SA generated a net profit of 530 k€ in 2024.

Where is the headquarters of ETABLISSEMENTS MAURICE THEAUD SA ?

The headquarters of ETABLISSEMENTS MAURICE THEAUD SA is located in SAINT-MEEN-LE-GRAND (35290), in the department Ille-et-Vilaine.

Where to find the tax return of ETABLISSEMENTS MAURICE THEAUD SA ?

The tax return of ETABLISSEMENTS MAURICE THEAUD SA 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 MAURICE THEAUD SA operate?

ETABLISSEMENTS MAURICE THEAUD SA operates in the sector Collecte des déchets non dangereux (NAF code 38.11Z). See the 'Sector positioning' section above to compare the company with its competitors.