ETUDES THERMIQUES ET FLUIDES DU BATIMENT : revenue, balance sheet and financial ratios

ETUDES THERMIQUES ET FLUIDES DU BATIMENT is a French company founded 9 years ago, specialized in the sector Ingénierie, études techniques. Based in LE PRADET (83220), this company of category PME shows in 2020 a revenue of 123 k€. 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 - ETUDES THERMIQUES ET FLUIDES DU BATIMENT (SIREN 825271935)
Indicator 2021 2020 2018
Revenue N/C 122 635 € 87 516 €
Net income 0 € 32 534 € 31 025 €
EBITDA N/C 38 019 € 39 081 €
Net margin N/C 26.5% 35.5%

Revenue and income statement

In 2021, ETUDES THERMIQUES ET FLUIDES DU BATIMENT records a net loss of 0 €. This deficit will reduce equity on the balance sheet. Change over 2018-2020: 31 k€ -> 0 €.

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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 0%. 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 0%. 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

0.045%

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

0.034%

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

72.6%

Solvency indicators evolution
ETUDES THERMIQUES ET FLUIDES DU BATIMENT

Sector positioning

Debt ratio
0.04 2021
2018
2020
2021
Q1: 0.0
Med: 11.4
Q3: 66.26
Good -32 pts over 3 years

In 2021, the debt ratio of ETUDES THERMIQUES ET FLUI... (0.04) 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
0.03% 2021
2018
2020
2021
Q1: 10.95%
Med: 35.06%
Q3: 59.74%
Average

In 2021, the financial autonomy of ETUDES THERMIQUES ET FLUI... (0.0%) 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
0.03 years 2020
2018
2020
Q1: 0.0 years
Med: 0.0 years
Q3: 1.16 years
Average

In 2020, the repayment capacity of ETUDES THERMIQUES ET FLUI... (0.03) 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 384.63. 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

384.626

Liquidity indicators evolution
ETUDES THERMIQUES ET FLUIDES DU BATIMENT

Sector positioning

Liquidity ratio
384.63 2021
2018
2020
2021
Q1: 151.2
Med: 231.52
Q3: 390.78
Good +13 pts over 3 years

In 2021, the liquidity ratio of ETUDES THERMIQUES ET FLUI... (384.63) 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.

Interest coverage
0.07x 2020
2018
2020
Q1: 0.0x
Med: 0.0x
Q3: 0.85x
Good

In 2020, the interest coverage of ETUDES THERMIQUES ET FLUI... (0.1x) 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: 500 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 437 days. The gap of 63 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow.

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

0 €

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

500 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

437 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 and payment terms evolution
ETUDES THERMIQUES ET FLUIDES DU BATIMENT

Positioning of ETUDES THERMIQUES ET FLUIDES DU BATIMENT in its sector

Comparison with sector Ingénierie, études techniques

Similar companies (Ingénierie, études techniques)

Compare ETUDES THERMIQUES ET FLUIDES DU BATIMENT with other companies in the same sector:

Voir toutes les statistiques du secteur Ingénierie, études techniques

Frequently asked questions about ETUDES THERMIQUES ET FLUIDES DU BATIMENT

What is the revenue of ETUDES THERMIQUES ET FLUIDES DU BATIMENT ?

The revenue of ETUDES THERMIQUES ET FLUIDES DU BATIMENT in 2020 is 123 k€.

Is ETUDES THERMIQUES ET FLUIDES DU BATIMENT profitable?

Yes, ETUDES THERMIQUES ET FLUIDES DU BATIMENT generated a net profit of 33 k€ in 2020.

Where is the headquarters of ETUDES THERMIQUES ET FLUIDES DU BATIMENT ?

The headquarters of ETUDES THERMIQUES ET FLUIDES DU BATIMENT is located in LE PRADET (83220), in the department Var.

Where to find the tax return of ETUDES THERMIQUES ET FLUIDES DU BATIMENT ?

The tax return of ETUDES THERMIQUES ET FLUIDES DU BATIMENT 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 ETUDES THERMIQUES ET FLUIDES DU BATIMENT operate?

ETUDES THERMIQUES ET FLUIDES DU BATIMENT operates in the sector Ingénierie, études techniques (NAF code 71.12B). See the 'Sector positioning' section above to compare the company with its competitors.