Employees: 22 (2023.0)Legal category: SAS (autres)Size: PMECreation date: 1900-01-01 (126 years)Status: ActiveBusiness sector: Réparation de chaussures et d'articles en cuirLocation: MUNDOLSHEIM (67450), Bas-Rhin
EUROPE SERVICES : revenue, balance sheet and financial ratios
EUROPE SERVICES is a French company
founded 126 years ago,
specialized in the sector Réparation de chaussures et d'articles en cuir.
Based in MUNDOLSHEIM (67450),
this company of category PME
shows in 2024 a revenue of 10.3 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - EUROPE SERVICES (SIREN 678501263)
Indicator
2024
2023
2021
2020
2019
2018
2017
2016
Revenue
10 304 867 €
9 872 285 €
7 279 908 €
7 130 002 €
9 434 934 €
9 027 917 €
9 373 631 €
9 264 650 €
Net income
551 564 €
404 431 €
504 612 €
367 725 €
490 984 €
409 802 €
593 836 €
557 644 €
EBITDA
712 409 €
531 634 €
565 424 €
464 678 €
864 227 €
-1 866 074 €
781 266 €
735 171 €
Net margin
5.4%
4.1%
6.9%
5.2%
5.2%
4.5%
6.3%
6.0%
Revenue and income statement
In 2024, EUROPE SERVICES achieves revenue of 10.3 M€. Revenue is growing positively over 8 years (CAGR: +1.3%). Vs 2023: +4%. After deducting consumption (1.5 M€), gross margin stands at 8.8 M€, i.e. a rate of 85%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 712 k€, representing 6.9% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 552 k€, i.e. 5.4% 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
10 304 867 €
Gross margin (2024)
?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
8 775 939 €
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
712 409 €
EBIT (2024)
?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
689 090 €
Net income (2024)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
551 564 €
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
6.9%
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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
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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 2%. 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 70%. 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 0.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 4.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
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
1.801%
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
70.037%
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
4.873%
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
0.221
Asset age ratio (2024)
?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2023
2024
Debt ratio
3.294
3.127
3.075
2.647
2.642
2.718
1.661
1.801
Financial autonomy
75.46
75.37
76.327
74.203
78.539
77.964
75.377
70.037
Repayment capacity
0.325
0.305
0.429
0.325
0.434
0.327
0.265
0.221
Cash flow / Revenue
6.063%
6.344%
4.688%
5.278%
5.213%
7.092%
4.278%
4.873%
Sector positioning
Debt ratio
1.82024
2021
2023
2024
Q1: 0.0
Med: 10.99
Q3: 70.39
Good
In 2024, the debt ratio of EUROPE SERVICES (1.80) 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
70.04%2024
2021
2023
2024
Q1: 2.26%
Med: 19.77%
Q3: 51.28%
Excellent+5 pts over 3 years
In 2024, the financial autonomy of EUROPE SERVICES (70.0%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.
Repayment capacity
0.22 years2024
2021
2023
2024
Q1: 0.0 years
Med: 0.08 years
Q3: 2.04 years
Average+6 pts over 3 years
In 2024, the repayment capacity of EUROPE SERVICES (0.22) 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 281.99. 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
281.993
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
0.819
Liquidity indicators evolution EUROPE SERVICES
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2019
2020
2021
2023
2024
Liquidity ratio
345.95
348.449
366.919
334.833
402.396
406.495
348.133
281.993
Interest coverage
0.488
0.877
-0.364
0.232
0.399
2.548
1.067
0.819
Sector positioning
Liquidity ratio
281.992024
2021
2023
2024
Q1: 48.1
Med: 142.23
Q3: 263.62
Excellent
In 2024, the liquidity ratio of EUROPE SERVICES (281.99) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.
Interest coverage
0.82x2024
2021
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 2.5x
Good-9 pts over 3 years
In 2024, the interest coverage of EUROPE SERVICES (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: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 46 days. Excellent situation: suppliers finance 46 days of the operating cycle (retail model). Inventory turnover is 32 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-32 days): operations structurally generate cash. Notable WCR improvement over the period (-11238%), 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
-928 675 €
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
0 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
46 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
32 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
-32 j
WCR and payment terms evolution EUROPE SERVICES
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2023
2024
Operating WCR
8 338 €
64 397 €
246 462 €
-268 990 €
517 638 €
-34 143 €
-551 367 €
-928 675 €
Inventory turnover (days)
41
41
43
43
52
51
35
32
Customer payment term (days)
1
0
1
1
1
1
1
0
Supplier payment term (days)
31
39
37
36
58
49
44
46
Positioning of EUROPE SERVICES in its sector
Comparison with sector Réparation de chaussures et d'articles en cuir
Valuation estimate
Indicative estimate only : the number of comparable transactions in this sector is limited (33 transactions).
This range of 3 028 588€ to 7 225 748€ is provided for information purposes only and requires in-depth analysis to be confirmed.
Estimated enterprise value2024
Indicative
3028k€5578k€7225k€
5 578 139 €Range: 3 028 588€ - 7 225 748€
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 (Réparation de chaussures et d'articles en cuir)
Compare EUROPE SERVICES with other companies in the same sector:
The revenue of EUROPE SERVICES in 2024 is 10.3 M€.
Is EUROPE SERVICES profitable?
Yes, EUROPE SERVICES generated a net profit of 552 k€ in 2024.
Where is the headquarters of EUROPE SERVICES ?
The headquarters of EUROPE SERVICES is located in MUNDOLSHEIM (67450), in the department Bas-Rhin.
Where to find the tax return of EUROPE SERVICES ?
The tax return of EUROPE SERVICES 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 SERVICES operate?
EUROPE SERVICES operates in the sector Réparation de chaussures et d'articles en cuir (NAF code 95.23Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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