ICTM INSTAL CRYOGENIE TUYAU MAINTENANCE : revenue, balance sheet and financial ratios

ICTM INSTAL CRYOGENIE TUYAU MAINTENANCE is a French company founded 22 years ago, specialized in the sector Installation de structures métalliques, chaudronnées et de tuyauterie. Based in GRIGNY (91350), this company of category PME shows in 2024 a revenue of 2.8 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

Financial history - ICTM INSTAL CRYOGENIE TUYAU MAINTENANCE (SIREN 451905061)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017
Revenue 2 840 569 € 2 399 023 € 1 597 928 € 2 037 663 € 2 193 326 € 2 684 272 € 2 144 803 € 1 801 905 €
Net income 73 467 € -11 149 € 44 872 € 57 943 € 97 320 € 160 709 € 92 847 € 76 666 €
EBITDA 118 991 € -20 900 € 62 162 € 112 881 € 141 731 € 210 478 € 126 230 € 81 156 €
Net margin 2.6% -0.5% 2.8% 2.8% 4.4% 6.0% 4.3% 4.3%

Revenue and income statement

In 2024, ICTM INSTAL CRYOGENIE TUYAU MAINTENANCE achieves revenue of 2.8 M€. Over the period 2017-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +6.7%. Vs 2023, growth of +18% (2.4 M€ -> 2.8 M€). After deducting consumption (98 k€), gross margin stands at 2.7 M€, i.e. a rate of 97%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 119 k€, representing 4.2% of revenue. Positive scissor effect: EBITDA margin improves by +5.1 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 73 k€, i.e. 2.6% of revenue. This profit can be retained or distributed to shareholders.

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

2 840 569 €

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

2 742 340 €

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

118 991 €

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

107 191 €

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

73 467 €

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

4.2%

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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 29%. 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 45%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.7 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 3.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

29.089%

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

44.712%

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

3.001%

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

2.739

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

65.8%

Solvency indicators evolution
ICTM INSTAL CRYOGENIE TUYAU MAINTENANCE

Sector positioning

Debt ratio
29.09 2024
2022
2023
2024
Q1: 0.86
Med: 17.38
Q3: 51.09
Average

In 2024, the debt ratio of ICTM INSTAL CRYOGENIE TUY... (29.09) 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
44.71% 2024
2022
2023
2024
Q1: 18.95%
Med: 38.81%
Q3: 56.71%
Good -12 pts over 3 years

In 2024, the financial autonomy of ICTM INSTAL CRYOGENIE TUY... (44.7%) 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
2.74 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.19 years
Q3: 1.55 years
Watch

In 2024, the repayment capacity of ICTM INSTAL CRYOGENIE TUY... (2.74) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 206.34. 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 0.5x. Danger: operating income does not cover interest charges, unsustainable situation.

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

206.344

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

0.503

Liquidity indicators evolution
ICTM INSTAL CRYOGENIE TUYAU MAINTENANCE

Sector positioning

Liquidity ratio
206.34 2024
2022
2023
2024
Q1: 150.33
Med: 206.67
Q3: 290.93
Average -25 pts over 3 years

In 2024, the liquidity ratio of ICTM INSTAL CRYOGENIE TUY... (206.34) 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
0.5x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.53x
Q3: 3.23x
Average -6 pts over 3 years

In 2024, the interest coverage of ICTM INSTAL CRYOGENIE TUY... (0.5x) 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: 97 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 70 days. The company must finance 27 days of gap between collections and payments. Inventory turnover is 16 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 85 days of revenue, i.e. 673 k€ to permanently finance. Over 2017-2024, WCR increased by +22%, requiring additional financing.

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

672 562 €

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

97 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

70 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

16 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

85 j

WCR and payment terms evolution
ICTM INSTAL CRYOGENIE TUYAU MAINTENANCE

Positioning of ICTM INSTAL CRYOGENIE TUYAU MAINTENANCE in its sector

Comparison with sector Installation de structures métalliques, chaudronnées et de tuyauterie

Valuation estimate

Based on 98 transactions of similar company sales (all years), the value of ICTM INSTAL CRYOGENIE TUYAU MAINTENANCE is estimated at 252 304 € (range 113 790€ - 497 098€). With an EBITDA of 118 991€, the sector multiple of 1.0x is applied. The price/revenue ratio is 0.18x (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.

Estimated enterprise value 2024
98 tx
113k€ 252k€ 497k€
252 304 € Range: 113 790€ - 497 098€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
118 991 € × 1.0x
Estimation 115 658 €
65 759€ - 365 023€
Revenue Multiple 30%
2 840 569 € × 0.18x
Estimation 512 534 €
222 718€ - 788 761€
Net Income Multiple 20%
73 467 € × 2.8x
Estimation 203 575 €
70 477€ - 389 793€
How is this estimate calculated?

This estimate is based on the analysis of 98 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 (Installation de structures métalliques, chaudronnées et de tuyauterie)

Compare ICTM INSTAL CRYOGENIE TUYAU MAINTENANCE with other companies in the same sector:

Voir toutes les statistiques du secteur Installation de structures métalliques, chaudronnées et de tuyauterie

Frequently asked questions about ICTM INSTAL CRYOGENIE TUYAU MAINTENANCE

What is the revenue of ICTM INSTAL CRYOGENIE TUYAU MAINTENANCE ?

The revenue of ICTM INSTAL CRYOGENIE TUYAU MAINTENANCE in 2024 is 2.8 M€.

Is ICTM INSTAL CRYOGENIE TUYAU MAINTENANCE profitable?

Yes, ICTM INSTAL CRYOGENIE TUYAU MAINTENANCE generated a net profit of 73 k€ in 2024.

Where is the headquarters of ICTM INSTAL CRYOGENIE TUYAU MAINTENANCE ?

The headquarters of ICTM INSTAL CRYOGENIE TUYAU MAINTENANCE is located in GRIGNY (91350), in the department Essonne.

Where to find the tax return of ICTM INSTAL CRYOGENIE TUYAU MAINTENANCE ?

The tax return of ICTM INSTAL CRYOGENIE TUYAU MAINTENANCE 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 ICTM INSTAL CRYOGENIE TUYAU MAINTENANCE operate?

ICTM INSTAL CRYOGENIE TUYAU MAINTENANCE operates in the sector Installation de structures métalliques, chaudronnées et de tuyauterie (NAF code 33.20A). See the 'Sector positioning' section above to compare the company with its competitors.