EUROPE ETUDES EQUIPEMENT : revenue, balance sheet and financial ratios
EUROPE ETUDES EQUIPEMENT is a French company
founded 56 years ago,
specialized in the sector Ingénierie, études techniques.
Based in TARBES (65000),
this company of category PME
shows in 2024 a revenue of 6.6 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - EUROPE ETUDES EQUIPEMENT (SIREN 702780040)
Indicator
2024
2023
2022
2021
2020
2019
2018
2017
2016
Revenue
6 598 284 €
6 065 448 €
5 142 747 €
5 118 841 €
5 583 758 €
5 369 878 €
4 904 760 €
6 234 243 €
5 092 920 €
Net income
253 627 €
319 566 €
112 489 €
-372 934 €
56 298 €
78 212 €
84 681 €
243 470 €
179 381 €
EBITDA
418 658 €
406 711 €
279 456 €
-190 084 €
266 178 €
126 856 €
37 944 €
290 841 €
214 136 €
Net margin
3.8%
5.3%
2.2%
-7.3%
1.0%
1.5%
1.7%
3.9%
3.5%
Revenue and income statement
In 2024, EUROPE ETUDES EQUIPEMENT achieves revenue of 6.6 M€. Revenue is growing positively over 9 years (CAGR: +3.3%). Vs 2023: +9%. After deducting consumption (3 k€), gross margin stands at 6.6 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 419 k€, representing 6.3% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 254 k€, i.e. 3.8% of revenue. This profit can be retained or distributed to shareholders.
Revenue (2024)
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Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production
6 598 284 €
Gross margin (2024)
?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
6 595 598 €
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
418 658 €
EBIT (2024)
?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
266 786 €
Net income (2024)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
253 627 €
EBITDA margin (2024)
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EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability 5-10% : Average < 5% : Low
6.3%
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 30%. 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 50%. 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 1.4 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 5.7% 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)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
29.818%
Financial autonomy (2024)
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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
50.196%
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
5.666%
Repayment capacity (2024)
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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
1.368
Asset age ratio (2024)
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Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Solvency indicators evolution EUROPE ETUDES EQUIPEMENT
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Debt ratio
18.377
43.016
53.726
62.97
62.062
63.38
38.196
25.374
29.818
Financial autonomy
40.738
43.262
44.104
44.904
45.514
38.904
50.064
51.142
50.196
Repayment capacity
0.982
1.933
6.012
4.898
3.132
-5.211
1.701
0.887
1.368
Cash flow / Revenue
4.132%
4.533%
2.43%
3.393%
5.21%
-2.594%
5.288%
7.239%
5.666%
Sector positioning
Debt ratio
29.822024
2022
2023
2024
Q1: 0.0
Med: 8.24
Q3: 42.82
Average
In 2024, the debt ratio of EUROPE ETUDES EQUIPEMENT (29.82) 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
50.2%2024
2022
2023
2024
Q1: 11.26%
Med: 37.88%
Q3: 61.35%
Good
In 2024, the financial autonomy of EUROPE ETUDES EQUIPEMENT (50.2%) 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
1.37 years2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.9 years
Average
In 2024, the repayment capacity of EUROPE ETUDES EQUIPEMENT (1.37) 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 184.24. 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 2.9x. Financial charges are adequately covered by operations.
Liquidity ratio (2024)
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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
184.237
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
2.892
Liquidity indicators evolution EUROPE ETUDES EQUIPEMENT
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Liquidity ratio
185.145
181.706
214.387
201.036
209.57
150.935
171.896
166.725
184.237
Interest coverage
3.139
1.211
14.176
5.785
2.346
-4.727
2.78
2.205
2.892
Sector positioning
Liquidity ratio
184.242024
2022
2023
2024
Q1: 148.99
Med: 229.96
Q3: 405.09
Average
In 2024, the liquidity ratio of EUROPE ETUDES EQUIPEMENT (184.24) 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
2.89x2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 2.04x
Excellent
In 2024, the interest coverage of EUROPE ETUDES EQUIPEMENT (2.9x) 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: 57 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 37 days. The company must finance 20 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 32 days of revenue, i.e. 588 k€ to permanently finance. Notable WCR improvement over the period (-46%), freeing up cash.
Operating WCR (2024)
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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
587 643 €
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
57 j
Supplier credit (2024)
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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
37 j
Inventory turnover (2024)
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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)
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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
32 j
WCR and payment terms evolution EUROPE ETUDES EQUIPEMENT
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Operating WCR
1 090 089 €
752 535 €
1 303 734 €
727 511 €
640 680 €
617 793 €
478 893 €
954 944 €
587 643 €
Inventory turnover (days)
10
3
22
20
15
14
9
6
7
Customer payment term (days)
108
61
78
47
47
55
47
66
57
Supplier payment term (days)
60
55
56
40
38
58
35
55
37
Positioning of EUROPE ETUDES EQUIPEMENT in its sector
Comparison with sector Ingénierie, études techniques
Valuation estimate
Indicative estimate only : the number of comparable transactions in this sector is limited (40 transactions).
This range of 354 864€ to 1 495 166€ is provided for information purposes only and requires in-depth analysis to be confirmed.
Estimated enterprise value2024
Indicative
354k€620k€1495k€
620 559 €Range: 354 864€ - 1 495 166€
NAF 5 année 2024
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 40 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 (Ingénierie, études techniques)
Compare EUROPE ETUDES EQUIPEMENT with other companies in the same sector:
Frequently asked questions about EUROPE ETUDES EQUIPEMENT
What is the revenue of EUROPE ETUDES EQUIPEMENT ?
The revenue of EUROPE ETUDES EQUIPEMENT in 2024 is 6.6 M€.
Is EUROPE ETUDES EQUIPEMENT profitable?
Yes, EUROPE ETUDES EQUIPEMENT generated a net profit of 254 k€ in 2024.
Where is the headquarters of EUROPE ETUDES EQUIPEMENT ?
The headquarters of EUROPE ETUDES EQUIPEMENT is located in TARBES (65000), in the department Hautes-Pyrenees.
Where to find the tax return of EUROPE ETUDES EQUIPEMENT ?
The tax return of EUROPE ETUDES EQUIPEMENT 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 EUROPE ETUDES EQUIPEMENT operate?
EUROPE ETUDES EQUIPEMENT operates in the sector Ingénierie, études techniques (NAF code 71.12B). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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