SIREN : 920522810
EXPANSION 34 SETE is a French company founded 3 years ago, specialized in the sector Nettoyage courant des bâtiments. Based in SETE (34200), this company of category ETI shows in 2024 a revenue of 100 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 |
|---|---|---|
| Revenue | 99 623 € | 34 149 € |
| Net income | -80 292 € | -108 129 € |
| EBITDA | -64 166 € | -98 811 € |
| Net margin | -80.6% | -316.6% |
In 2024, EXPANSION 34 SETE achieves revenue of 100 k€. Vs 2023, growth of +192% (34 k€ -> 100 k€). After deducting consumption (8 k€), gross margin stands at 92 k€, i.e. a rate of 92%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -64 k€, representing -64.4% of revenue. Positive scissor effect: EBITDA margin improves by +224.9 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -80 k€ (-80.6% of revenue), which will impact equity.
99 623 €
91 610 €
-64 166 €
-76 411 €
-80 292 €
-64.4%
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).
0.0%
0.0%
-77.181%
0.0
61.7%
In 2024, the debt ratio of EXPANSION 34 SETE (0.00) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.
In 2024, the financial autonomy of EXPANSION 34 SETE (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.
In 2024, the repayment capacity of EXPANSION 34 SETE (0.00) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 12.13. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
12.127
-6.048
In 2024, the liquidity ratio of EXPANSION 34 SETE (12.13) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.
In 2024, the interest coverage of EXPANSION 34 SETE (-6.0x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 46 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 458 days. Excellent situation: suppliers finance 412 days of the operating cycle (retail model). WCR is negative (-778 days): operations structurally generate cash.
-215 321 €
46 j
458 j
0 j
-778 j
Indicative estimate only : the number of comparable transactions in this sector is limited (29 transactions). This range of 19 880€ to 36 358€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 29 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare EXPANSION 34 SETE with other companies in the same sector:
Voir toutes les statistiques du secteur Nettoyage courant des bâtiments
The revenue of EXPANSION 34 SETE in 2024 is 100 k€.
EXPANSION 34 SETE recorded a net loss in 2024.
The headquarters of EXPANSION 34 SETE is located in SETE (34200), in the department Herault.
The tax return of EXPANSION 34 SETE 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).
EXPANSION 34 SETE operates in the sector Nettoyage courant des bâtiments (NAF code 81.21Z). See the 'Sector positioning' section above to compare the company with its competitors.