EXPLEO PLASTIC SOLUTIONS : revenue, balance sheet and financial ratios

EXPLEO PLASTIC SOLUTIONS is a French company founded 30 years ago, specialized in the sector Ingénierie, études techniques. Based in AIGREFEUILLE-SUR-MAINE (44140), this company of category GE shows in 2024 a revenue of 2.4 M€. 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

Financial history - EXPLEO PLASTIC SOLUTIONS (SIREN 401395009)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 2 425 295 € 3 391 956 € 4 900 117 € 6 669 951 € 1 738 517 € 4 984 003 € 7 927 850 € 5 089 524 € N/C
Net income -35 255 € 40 215 € 113 703 € 450 182 € -1 879 178 € -1 215 257 € 722 507 € 1 484 872 € 1 262 951 €
EBITDA 33 578 € 173 109 € 309 605 € 244 170 € -1 518 043 € -877 602 € 1 151 108 € 1 693 002 € N/C
Net margin -1.5% 1.2% 2.3% 6.7% -108.1% -24.4% 9.1% 29.2% N/C

Revenue and income statement

In 2024, EXPLEO PLASTIC SOLUTIONS achieves revenue of 2.4 M€. Revenue is declining over the period 2017-2024 (CAGR: -10.0%). Significant drop of -28% vs 2023. After deducting consumption (0 €), gross margin stands at 2.4 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 34 k€, representing 1.4% of revenue. Warning negative scissor effect: despite revenue change (-28%), EBITDA varies by -81%, reducing margin by 3.7 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -35 k€ (-1.5% of revenue), which will impact equity.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

2 425 295 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

2 425 295 €

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

33 578 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

42 713 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-35 255 €

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

1.4%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 357%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 10%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

357.282%

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

9.593%

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

-2.364%

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

-5.595

Asset age ratio (2024) ?
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

5.4%

Solvency indicators evolution
EXPLEO PLASTIC SOLUTIONS

Sector positioning

Debt ratio
357.28 2024
2022
2023
2024
Q1: 0.0
Med: 8.25
Q3: 42.9
Average +50 pts over 3 years

In 2024, the debt ratio of EXPLEO PLASTIC SOLUTIONS (357.28) 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
9.59% 2024
2022
2023
2024
Q1: 11.27%
Med: 37.87%
Q3: 61.33%
Average

In 2024, the financial autonomy of EXPLEO PLASTIC SOLUTIONS (9.6%) 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
-5.59 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.9 years
Excellent -50 pts over 3 years

In 2024, the repayment capacity of EXPLEO PLASTIC SOLUTIONS (-5.59) 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 162.59. 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 287.8x. Operating income very largely covers interest expenses: high safety margin.

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

162.59

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

287.772

Liquidity indicators evolution
EXPLEO PLASTIC SOLUTIONS

Sector positioning

Liquidity ratio
162.59 2024
2022
2023
2024
Q1: 148.97
Med: 229.92
Q3: 405.25
Average -23 pts over 3 years

In 2024, the liquidity ratio of EXPLEO PLASTIC SOLUTIONS (162.59) 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
287.77x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 2.05x
Excellent

In 2024, the interest coverage of EXPLEO PLASTIC SOLUTIONS (287.8x) 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: 33 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 46 days. Favorable situation: supplier credit is longer than customer credit by 13 days. Overall, WCR represents 66 days of revenue, i.e. 444 k€ to permanently finance.

Operating WCR (2024) ?
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

443 635 €

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

33 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

0 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

66 j

WCR and payment terms evolution
EXPLEO PLASTIC SOLUTIONS

Positioning of EXPLEO PLASTIC SOLUTIONS 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 137 591€ to 316 687€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
137k€ 176k€ 316k€
176 994 € Range: 137 591€ - 316 687€
NAF 5 année 2024

Valuation evolution

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 EXPLEO PLASTIC SOLUTIONS with other companies in the same sector:

Voir toutes les statistiques du secteur Ingénierie, études techniques

Frequently asked questions about EXPLEO PLASTIC SOLUTIONS

What is the revenue of EXPLEO PLASTIC SOLUTIONS ?

The revenue of EXPLEO PLASTIC SOLUTIONS in 2024 is 2.4 M€.

Is EXPLEO PLASTIC SOLUTIONS profitable?

EXPLEO PLASTIC SOLUTIONS recorded a net loss in 2024.

Where is the headquarters of EXPLEO PLASTIC SOLUTIONS ?

The headquarters of EXPLEO PLASTIC SOLUTIONS is located in AIGREFEUILLE-SUR-MAINE (44140), in the department Loire-Atlantique.

Where to find the tax return of EXPLEO PLASTIC SOLUTIONS ?

The tax return of EXPLEO PLASTIC SOLUTIONS 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 EXPLEO PLASTIC SOLUTIONS operate?

EXPLEO PLASTIC SOLUTIONS operates in the sector Ingénierie, études techniques (NAF code 71.12B). See the 'Sector positioning' section above to compare the company with its competitors.