FILTRINOX DEVELOPPEMENT : revenue, balance sheet and financial ratios

FILTRINOX DEVELOPPEMENT is a French company founded 13 years ago, specialized in the sector Autres travaux spécialisés de construction. Based in POINTE-A-PITRE (97110), this company of category PME shows in 2017 a revenue of 1.3 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 - FILTRINOX DEVELOPPEMENT (SIREN 788416881)
Indicator 2017 2016 2015
Revenue 1 330 119 € 876 007 € 734 242 €
Net income 325 478 € -44 682 € -223 987 €
EBITDA 718 319 € 465 083 € 334 943 €
Net margin 24.5% -5.1% -30.5%

Revenue and income statement

In 2017, FILTRINOX DEVELOPPEMENT achieves revenue of 1.3 M€. Over the period 2015-2017, the company shows strong growth with a CAGR (compound annual growth rate) of +34.6%. Vs 2016, growth of +52% (876 k€ -> 1.3 M€). After deducting consumption (194 k€), gross margin stands at 1.1 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 718 k€, representing 54.0% of revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 325 k€, i.e. 24.5% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2017) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

1 330 119 €

Gross margin (2017) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

1 136 527 €

EBITDA (2017) ?
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

718 319 €

EBIT (2017) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

685 842 €

Net income (2017) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

325 478 €

EBITDA margin (2017) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

54.0%

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Chart evolution

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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 40%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 36%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.4 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 50.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2017) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

40.33%

Financial autonomy (2017) ?
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

36.404%

Cash flow / Revenue (2017) ?
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

50.836%

Repayment capacity (2017) ?
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

0.413

Solvency indicators evolution
FILTRINOX DEVELOPPEMENT

Sector positioning

Debt ratio
40.33 2017
2015
2016
2017
Q1: 2.29
Med: 19.94
Q3: 63.02
Average -7 pts over 3 years

In 2017, the debt ratio of FILTRINOX DEVELOPPEMENT (40.33) 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
36.4% 2017
2015
2016
2017
Q1: 11.27%
Med: 30.54%
Q3: 49.9%
Good

In 2017, the financial autonomy of FILTRINOX DEVELOPPEMENT (36.4%) 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
0.41 years 2017
2015
2016
2017
Q1: 0.0 years
Med: 0.22 years
Q3: 1.29 years
Average -15 pts over 3 years

In 2017, the repayment capacity of FILTRINOX DEVELOPPEMENT (0.41) 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 147.34. 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 50.7x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2017) ?
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

147.342

Interest coverage (2017) ?
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

50.686

Liquidity indicators evolution
FILTRINOX DEVELOPPEMENT

Sector positioning

Liquidity ratio
147.34 2017
2015
2016
2017
Q1: 123.56
Med: 174.0
Q3: 251.62
Average +12 pts over 3 years

In 2017, the liquidity ratio of FILTRINOX DEVELOPPEMENT (147.34) 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
50.69x 2017
2015
2016
2017
Q1: 0.0x
Med: 0.54x
Q3: 3.64x
Excellent -10 pts over 3 years

In 2017, the interest coverage of FILTRINOX DEVELOPPEMENT (50.7x) 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: 50 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 18 days. The gap of 32 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 25 days of revenue, i.e. 94 k€ to permanently finance. Over 2015-2017, WCR increased by +113%, requiring additional financing.

Operating WCR (2017) ?
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

94 133 €

Customer credit (2017) ?
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

50 j

Supplier credit (2017) ?
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

18 j

Inventory turnover (2017) ?
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 (2017) ?
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

25 j

WCR and payment terms evolution
FILTRINOX DEVELOPPEMENT

Positioning of FILTRINOX DEVELOPPEMENT in its sector

Comparison with sector Autres travaux spécialisés de construction

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (30 transactions). This range of 404 563€ to 1 691 767€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2017
Indicative
404k€ 946k€ 1691k€
946 879 € Range: 404 563€ - 1 691 767€
NAF 5 année 2017

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 30 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 (Autres travaux spécialisés de construction)

Compare FILTRINOX DEVELOPPEMENT with other companies in the same sector:

Voir toutes les statistiques du secteur Autres travaux spécialisés de construction

Frequently asked questions about FILTRINOX DEVELOPPEMENT

What is the revenue of FILTRINOX DEVELOPPEMENT ?

The revenue of FILTRINOX DEVELOPPEMENT in 2017 is 1.3 M€.

Is FILTRINOX DEVELOPPEMENT profitable?

Yes, FILTRINOX DEVELOPPEMENT generated a net profit of 325 k€ in 2017.

Where is the headquarters of FILTRINOX DEVELOPPEMENT ?

The headquarters of FILTRINOX DEVELOPPEMENT is located in POINTE-A-PITRE (97110), in the department Guadeloupe.

Where to find the tax return of FILTRINOX DEVELOPPEMENT ?

The tax return of FILTRINOX DEVELOPPEMENT 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 FILTRINOX DEVELOPPEMENT operate?

FILTRINOX DEVELOPPEMENT operates in the sector Autres travaux spécialisés de construction (NAF code 43.99D). See the 'Sector positioning' section above to compare the company with its competitors.