ETABLISSEMENTS MESCHINI ET ASSOCIES : revenue, balance sheet and financial ratios

ETABLISSEMENTS MESCHINI ET ASSOCIES is a French company founded 36 years ago, specialized in the sector Fabrication d'éléments en matières plastiques pour la construction. Based in SAINT-LAURENT-DU-VAR (06700), this company of category PME shows in 2020 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 MESCHINI ET ASSOCIES (SIREN 352228779)
Indicator 2020 2019 2018 2017 2016
Revenue 1 753 230 € 1 721 112 € 1 693 771 € 1 611 588 € 1 687 278 €
Net income 1 536 € 1 191 € -214 € 4 592 € 3 231 €
EBITDA 3 729 € -12 372 € -7 792 € 7 014 € -3 316 €
Net margin 0.1% 0.1% -0.0% 0.3% 0.2%

Revenue and income statement

In 2020, ETABLISSEMENTS MESCHINI ET ASSOCIES achieves revenue of 1.8 M€. Revenue is growing positively over 5 years (CAGR: +1.0%). Vs 2019: +2%. After deducting consumption (865 k€), gross margin stands at 888 k€, i.e. a rate of 51%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 4 k€, representing 0.2% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 2 k€, i.e. 0.1% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2020) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

1 753 230 €

Gross margin (2020) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

887 852 €

EBITDA (2020) ?
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

3 729 €

EBIT (2020) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

4 974 €

Net income (2020) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

1 536 €

EBITDA margin (2020) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

0.2%

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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 84%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 29%. The balance between equity and debt is satisfactory.

Debt ratio (2020) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

84.343%

Financial autonomy (2020) ?
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

29.008%

Cash flow / Revenue (2020) ?
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

-0.24%

Repayment capacity (2020) ?
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

-70.612

Asset age ratio (2020) ?
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

11.6%

Solvency indicators evolution
ETABLISSEMENTS MESCHINI ET ASSOCIES

Sector positioning

Debt ratio
84.34 2020
2018
2019
2020
Q1: 3.21
Med: 30.01
Q3: 94.3
Average +43 pts over 3 years

In 2020, the debt ratio of ETABLISSEMENTS MESCHINI E... (84.34) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
29.01% 2020
2018
2019
2020
Q1: 25.24%
Med: 41.02%
Q3: 56.31%
Average -23 pts over 3 years

In 2020, the financial autonomy of ETABLISSEMENTS MESCHINI E... (29.0%) 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
-70.61 years 2020
2018
2019
2020
Q1: 0.0 years
Med: 1.0 years
Q3: 3.79 years
Excellent

In 2020, the repayment capacity of ETABLISSEMENTS MESCHINI E... (-70.61) 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 171.02. 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 18.9x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2020) ?
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

171.016

Interest coverage (2020) ?
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

18.879

Liquidity indicators evolution
ETABLISSEMENTS MESCHINI ET ASSOCIES

Sector positioning

Liquidity ratio
171.02 2020
2018
2019
2020
Q1: 160.81
Med: 225.81
Q3: 301.36
Average +8 pts over 3 years

In 2020, the liquidity ratio of ETABLISSEMENTS MESCHINI E... (171.02) 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
18.88x 2020
2018
2019
2020
Q1: 0.13x
Med: 1.37x
Q3: 5.21x
Excellent +50 pts over 3 years

In 2020, the interest coverage of ETABLISSEMENTS MESCHINI E... (18.9x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

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: 42 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 63 days. Favorable situation: supplier credit is longer than customer credit by 21 days. Inventory turnover is 56 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 33 days of revenue, i.e. 158 k€ to permanently finance.

Operating WCR (2020) ?
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

158 369 €

Customer credit (2020) ?
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

42 j

Supplier credit (2020) ?
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

63 j

Inventory turnover (2020) ?
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

56 j

WCR in days of revenue (2020) ?
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
ETABLISSEMENTS MESCHINI ET ASSOCIES

Positioning of ETABLISSEMENTS MESCHINI ET ASSOCIES in its sector

Comparison with sector Fabrication d'éléments en matières plastiques pour la construction

Valuation estimate

Based on 76 transactions of similar company sales (all years), the value of ETABLISSEMENTS MESCHINI ET ASSOCIES is estimated at 109 893 € (range 52 259€ - 151 318€). With an EBITDA of 3 729€, the sector multiple of 1.3x is applied. The price/revenue ratio is 0.20x (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.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2020
76 tx
52k€ 109k€ 151k€
109 893 € Range: 52 259€ - 151 318€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
3 729 € × 1.3x
Estimation 4 709 €
1 878€ - 10 456€
Revenue Multiple 30%
1 753 230 € × 0.20x
Estimation 356 689 €
170 515€ - 480 016€
Net Income Multiple 20%
1 536 € × 1.7x
Estimation 2 662 €
827€ - 10 429€
How is this estimate calculated?

This estimate is based on the analysis of 76 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 (Fabrication d'éléments en matières plastiques pour la construction)

Compare ETABLISSEMENTS MESCHINI ET ASSOCIES with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication d'éléments en matières plastiques pour la construction

Frequently asked questions about ETABLISSEMENTS MESCHINI ET ASSOCIES

What is the revenue of ETABLISSEMENTS MESCHINI ET ASSOCIES ?

The revenue of ETABLISSEMENTS MESCHINI ET ASSOCIES in 2020 is 1.8 M€.

Is ETABLISSEMENTS MESCHINI ET ASSOCIES profitable?

Yes, ETABLISSEMENTS MESCHINI ET ASSOCIES generated a net profit of 2 k€ in 2020.

Where is the headquarters of ETABLISSEMENTS MESCHINI ET ASSOCIES ?

The headquarters of ETABLISSEMENTS MESCHINI ET ASSOCIES is located in SAINT-LAURENT-DU-VAR (06700), in the department Alpes-Maritimes.

Where to find the tax return of ETABLISSEMENTS MESCHINI ET ASSOCIES ?

The tax return of ETABLISSEMENTS MESCHINI ET ASSOCIES 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 MESCHINI ET ASSOCIES operate?

ETABLISSEMENTS MESCHINI ET ASSOCIES operates in the sector Fabrication d'éléments en matières plastiques pour la construction (NAF code 22.23Z). See the 'Sector positioning' section above to compare the company with its competitors.