SIREN : 383005121
FSP is a French company founded 34 years ago, specialized in the sector Fabrication de plaques, feuilles, tubes et profilés en matières plastiques. Based in ROYE (80700), this company of category ETI shows in 2024 a revenue of 36.4 M€. 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 36 400 740 € | 37 527 900 € | 49 503 542 € | 37 377 024 € | 31 411 364 € | 31 981 418 € | 28 676 052 € | 28 983 141 € |
| Net income | -506 564 € | -795 551 € | 422 397 € | -2 800 358 € | 348 302 € | -10 382 € | -38 263 € | 902 046 € |
| EBITDA | 631 311 € | -125 184 € | 1 307 303 € | -1 677 517 € | 1 077 279 € | 92 647 € | -517 707 € | 97 824 € |
| Net margin | -1.4% | -2.1% | 0.9% | -7.5% | 1.1% | -0.0% | -0.1% | 3.1% |
In 2024, FSP achieves revenue of 36.4 M€. Revenue is growing positively over 8 years (CAGR: +2.9%). Slight decline of -3% vs 2023. After deducting consumption (27.3 M€), gross margin stands at 9.1 M€, i.e. a rate of 25%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 631 k€, representing 1.7% of revenue. Positive scissor effect: EBITDA margin improves by +2.1 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -507 k€ (-1.4% of revenue), which will impact equity.
36 400 740 €
9 149 067 €
631 311 €
-25 637 €
-506 564 €
1.7%
The debt ratio (= Financial debt / Equity x 100) stands at 641%. 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 9%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 88.1 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 0.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
640.519%
8.667%
0.399%
88.129
50.1%
In 2024, the debt ratio of FSP (640.52) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.
In 2024, the financial autonomy of FSP (8.7%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.
In 2024, the repayment capacity of FSP (88.13) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.
The liquidity ratio (= Current assets / Current liabilities) stands at 118.08. 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 94.1x. Operating income very largely covers interest expenses: high safety margin.
118.078
94.085
In 2024, the liquidity ratio of FSP (118.08) 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 FSP (94.1x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 38 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 71 days. Excellent situation: suppliers finance 33 days of the operating cycle (retail model). Inventory turnover is 35 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 77 days of revenue, i.e. 7.8 M€ to permanently finance. Over 2016-2024, WCR increased by +69%, requiring additional financing.
7 835 623 €
38 j
71 j
35 j
77 j
Based on 76 transactions of similar company sales
(all years),
the value of FSP is estimated at
3 275 399 €
(range 1 526 355€ - 4 843 622€).
With an EBITDA of 631 311€, the sector multiple of 1.3x is applied.
The price/revenue ratio is 0.20x
(conservative valuation).
This multiples method compares the actual sale price of similar companies to their financial indicators (Revenue, EBITDA, Net Income). It provides a market-based indicative estimate.
Medium reliability: estimate to be confirmed with in-depth analysis.
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This estimate is based on the analysis of 76 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 FSP with other companies in the same sector:
The revenue of FSP in 2024 is 36.4 M€.
FSP recorded a net loss in 2024.
The headquarters of FSP is located in ROYE (80700), in the department Somme.
The tax return of FSP 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).
FSP operates in the sector Fabrication de plaques, feuilles, tubes et profilés en matières plastiques (NAF code 22.21Z). See the 'Sector positioning' section above to compare the company with its competitors.