INCENDIE SERVICES - P.C.L. : revenue, balance sheet and financial ratios

INCENDIE SERVICES - P.C.L. is a French company founded 14 years ago, specialized in the sector Autres commerces de détail spécialisés divers. Based in GARAT (16410), this company of category PME shows in 2017 a revenue of 346 k€. 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 - INCENDIE SERVICES - P.C.L. (SIREN 538367442)
Indicator 2017 2016 2015
Revenue 346 082 € 319 822 € 296 675 €
Net income 17 417 € 10 875 € -2 236 €
EBITDA 19 452 € 16 619 € 809 €
Net margin 5.0% 3.4% -0.8%

Revenue and income statement

In 2017, INCENDIE SERVICES - P.C.L. achieves revenue of 346 k€. Over the period 2015-2017, the company shows strong growth with a CAGR (compound annual growth rate) of +8.0%. Vs 2016: +8%. After deducting consumption (99 k€), gross margin stands at 247 k€, i.e. a rate of 71%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 19 k€, representing 5.6% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 17 k€, i.e. 5.0% 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

346 082 €

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

247 065 €

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

19 452 €

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

20 838 €

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

17 417 €

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

5.6%

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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 15%. 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 9%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.9 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 5.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

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

15.245%

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

9.293%

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

5.847%

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

0.865

Asset age ratio (2017) ?
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

25.0%

Solvency indicators evolution
INCENDIE SERVICES - P.C.L.

Sector positioning

Debt ratio
15.24 2017
2015
2016
2017
Q1: 0.0
Med: 18.81
Q3: 108.05
Good -7 pts over 3 years

In 2017, the debt ratio of INCENDIE SERVICES - P.C.L. (15.24) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
9.29% 2017
2015
2016
2017
Q1: 6.11%
Med: 30.19%
Q3: 58.58%
Average -6 pts over 3 years

In 2017, the financial autonomy of INCENDIE SERVICES - P.C.L. (9.3%) 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
0.86 years 2017
2015
2016
2017
Q1: 0.0 years
Med: 0.0 years
Q3: 1.68 years
Average -12 pts over 3 years

In 2017, the repayment capacity of INCENDIE SERVICES - P.C.L. (0.86) 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 217.87. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

217.87

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

0.0

Liquidity indicators evolution
INCENDIE SERVICES - P.C.L.

Sector positioning

Liquidity ratio
217.87 2017
2015
2016
2017
Q1: 96.75
Med: 165.23
Q3: 301.28
Good

In 2017, the liquidity ratio of INCENDIE SERVICES - P.C.L. (217.87) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
0.0x 2017
2015
2016
2017
Q1: 0.0x
Med: 0.0x
Q3: 3.06x
Average -50 pts over 3 years

In 2017, the interest coverage of INCENDIE SERVICES - P.C.L. (0.0x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 59 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 35 days. The company must finance 24 days of gap between collections and payments. Inventory turnover is 11 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 51 days of revenue, i.e. 49 k€ to permanently finance. Over 2015-2017, WCR increased by +27%, 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

49 106 €

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

59 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

35 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

11 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

51 j

WCR and payment terms evolution
INCENDIE SERVICES - P.C.L.

Positioning of INCENDIE SERVICES - P.C.L. in its sector

Comparison with sector Autres commerces de détail spécialisés divers

Valuation estimate

Based on 144 transactions of similar company sales in 2017, the value of INCENDIE SERVICES - P.C.L. is estimated at 116 616 € (range 63 301€ - 186 498€). With an EBITDA of 19 452€, the sector multiple of 4.5x is applied. The price/revenue ratio is 0.51x (in line with sector norms). 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.

Estimated enterprise value 2017
144 transactions
63k€ 116k€ 186k€
116 616 € Range: 63 301€ - 186 498€
NAF 5 année 2017

Valuation detail by method

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EBITDA Multiple 50%
19 452 € × 4.5x
Estimation 87 682 €
45 586€ - 132 841€
Revenue Multiple 30%
346 082 € × 0.51x
Estimation 176 594 €
93 492€ - 261 832€
Net Income Multiple 20%
17 417 € × 5.7x
Estimation 98 985 €
62 304€ - 207 643€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 144 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 commerces de détail spécialisés divers)

Compare INCENDIE SERVICES - P.C.L. with other companies in the same sector:

Voir toutes les statistiques du secteur Autres commerces de détail spécialisés divers

Frequently asked questions about INCENDIE SERVICES - P.C.L.

What is the revenue of INCENDIE SERVICES - P.C.L. ?

The revenue of INCENDIE SERVICES - P.C.L. in 2017 is 346 k€.

Is INCENDIE SERVICES - P.C.L. profitable?

Yes, INCENDIE SERVICES - P.C.L. generated a net profit of 17 k€ in 2017.

Where is the headquarters of INCENDIE SERVICES - P.C.L. ?

The headquarters of INCENDIE SERVICES - P.C.L. is located in GARAT (16410), in the department Charente.

Where to find the tax return of INCENDIE SERVICES - P.C.L. ?

The tax return of INCENDIE SERVICES - P.C.L. 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 INCENDIE SERVICES - P.C.L. operate?

INCENDIE SERVICES - P.C.L. operates in the sector Autres commerces de détail spécialisés divers (NAF code 47.78C). See the 'Sector positioning' section above to compare the company with its competitors.