EUROPEAN COMPUTER TELECOMS (ECT) : revenue, balance sheet and financial ratios

EUROPEAN COMPUTER TELECOMS (ECT) is a French company founded 24 years ago, specialized in the sector Traitement de données, hébergement et activités connexes. Based in SCHILTIGHEIM (67300), this company of category PME shows in 2018 a revenue of 114 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 - EUROPEAN COMPUTER TELECOMS (ECT) (SIREN 440108835)
Indicator 2018 2017 2016
Revenue 113 790 € 435 099 € 549 302 €
Net income -149 196 € 149 920 € 85 744 €
EBITDA -88 193 € 220 030 € 125 655 €
Net margin -131.1% 34.5% 15.6%

Revenue and income statement

In 2018, EUROPEAN COMPUTER TELECOMS (ECT) achieves revenue of 114 k€. Revenue is declining over the period 2016-2018 (CAGR: -54.5%). Significant drop of -74% vs 2017. After deducting consumption (0 €), gross margin stands at 114 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -88 k€, representing -77.5% of revenue. Warning negative scissor effect: despite revenue change (-74%), EBITDA varies by -140%, reducing margin by 128.1 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -149 k€ (-131.1% of revenue), which will impact equity.

Revenue (2018) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

113 790 €

Gross margin (2018) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

113 790 €

EBITDA (2018) ?
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

-88 193 €

EBIT (2018) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-221 525 €

Net income (2018) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-149 196 €

EBITDA margin (2018) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-77.5%

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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 95%. 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 (2018) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

94.678%

Financial autonomy (2018) ?
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

28.696%

Cash flow / Revenue (2018) ?
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

-13.948%

Repayment capacity (2018) ?
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

-11.695

Solvency indicators evolution
EUROPEAN COMPUTER TELECOMS (ECT)

Sector positioning

Debt ratio
94.68 2018
2016
2017
2018
Q1: 0.0
Med: 3.43
Q3: 39.11
Average

In 2018, the debt ratio of EUROPEAN COMPUTER TELECOM... (94.68) 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
28.7% 2018
2016
2017
2018
Q1: 5.08%
Med: 32.01%
Q3: 57.4%
Average -7 pts over 3 years

In 2018, the financial autonomy of EUROPEAN COMPUTER TELECOM... (28.7%) 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
-11.7 years 2018
2016
2017
2018
Q1: 0.0 years
Med: 0.0 years
Q3: 0.59 years
Excellent -50 pts over 3 years

In 2018, the repayment capacity of EUROPEAN COMPUTER TELECOM... (-11.70) 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 204.46. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2018) ?
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

204.46

Interest coverage (2018) ?
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

0.0

Liquidity indicators evolution
EUROPEAN COMPUTER TELECOMS (ECT)

Sector positioning

Liquidity ratio
204.46 2018
2016
2017
2018
Q1: 118.84
Med: 195.34
Q3: 339.42
Good -6 pts over 3 years

In 2018, the liquidity ratio of EUROPEAN COMPUTER TELECOM... (204.46) 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
0.0x 2018
2016
2017
2018
Q1: 0.0x
Med: 0.0x
Q3: 1.13x
Average

In 2018, the interest coverage of EUROPEAN COMPUTER TELECOM... (0.0x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

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: 1097 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 591 days. The gap of 506 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 1859 days of revenue, i.e. 588 k€ to permanently finance. Over 2016-2018, WCR increased by +144%, requiring additional financing.

Operating WCR (2018) ?
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

587 605 €

Customer credit (2018) ?
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

1097 j

Supplier credit (2018) ?
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

591 j

Inventory turnover (2018) ?
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 in days of revenue (2018) ?
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

1859 j

WCR and payment terms evolution
EUROPEAN COMPUTER TELECOMS (ECT)

Positioning of EUROPEAN COMPUTER TELECOMS (ECT) in its sector

Comparison with sector Traitement de données, hébergement et activités connexes

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (33 transactions). This range of 13 499€ to 96 151€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2018
Indicative
13k€ 27k€ 96k€
27 292 € Range: 13 499€ - 96 151€
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 (Traitement de données, hébergement et activités connexes)

Compare EUROPEAN COMPUTER TELECOMS (ECT) with other companies in the same sector:

Voir toutes les statistiques du secteur Traitement de données, hébergement et activités connexes

Frequently asked questions about EUROPEAN COMPUTER TELECOMS (ECT)

What is the revenue of EUROPEAN COMPUTER TELECOMS (ECT) ?

The revenue of EUROPEAN COMPUTER TELECOMS (ECT) in 2018 is 114 k€.

Is EUROPEAN COMPUTER TELECOMS (ECT) profitable?

EUROPEAN COMPUTER TELECOMS (ECT) recorded a net loss in 2018.

Where is the headquarters of EUROPEAN COMPUTER TELECOMS (ECT) ?

The headquarters of EUROPEAN COMPUTER TELECOMS (ECT) is located in SCHILTIGHEIM (67300), in the department Bas-Rhin.

Where to find the tax return of EUROPEAN COMPUTER TELECOMS (ECT) ?

The tax return of EUROPEAN COMPUTER TELECOMS (ECT) 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 EUROPEAN COMPUTER TELECOMS (ECT) operate?

EUROPEAN COMPUTER TELECOMS (ECT) operates in the sector Traitement de données, hébergement et activités connexes (NAF code 63.11Z). See the 'Sector positioning' section above to compare the company with its competitors.