INDUSTRIE ROUTIERE ESPACE MAITENANCE : revenue, balance sheet and financial ratios

INDUSTRIE ROUTIERE ESPACE MAITENANCE is a French company founded 36 years ago, specialized in the sector Construction de routes et autoroutes. Based in CORBIE (80800), this company of category PME shows in 2023 a revenue of 2.9 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 - INDUSTRIE ROUTIERE ESPACE MAITENANCE (SIREN 352154595)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 2 923 228 € 3 253 944 € 4 289 418 € 4 716 814 € 4 735 564 € 4 119 641 € 3 982 656 € 3 116 759 €
Net income 21 729 € 11 141 € -43 430 € -183 176 € 4 963 € 25 837 € 18 700 € -24 359 €
EBITDA 5 353 € -69 127 € -207 372 € -169 904 € 16 895 € -26 418 € -24 776 € 22 442 €
Net margin 0.7% 0.3% -1.0% -3.9% 0.1% 0.6% 0.5% -0.8%

Revenue and income statement

In 2023, INDUSTRIE ROUTIERE ESPACE MAITENANCE achieves revenue of 2.9 M€. Activity remains stable over the period (CAGR: -0.9%). Significant drop of -10% vs 2022. After deducting consumption (493 k€), gross margin stands at 2.4 M€, i.e. a rate of 83%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 5 k€, representing 0.2% of revenue. Positive scissor effect: EBITDA margin improves by +2.3 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 22 k€, i.e. 0.7% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

2 923 228 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

2 430 421 €

EBITDA (2023) ?
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

5 353 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

38 979 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

21 729 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

0.2%

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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 590%. 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 5%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

589.762%

Financial autonomy (2023) ?
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

4.764%

Cash flow / Revenue (2023) ?
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

-0.333%

Repayment capacity (2023) ?
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

-38.172

Asset age ratio (2023) ?
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

11.4%

Solvency indicators evolution
INDUSTRIE ROUTIERE ESPACE MAITENANCE

Sector positioning

Debt ratio
589.76 2023
2021
2022
2023
Q1: 1.52
Med: 22.97
Q3: 75.77
Watch -6 pts over 3 years

In 2023, the debt ratio of INDUSTRIE ROUTIERE ESPACE... (589.76) 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.

Financial autonomy
4.76% 2023
2021
2022
2023
Q1: 13.06%
Med: 33.51%
Q3: 52.92%
Average

In 2023, the financial autonomy of INDUSTRIE ROUTIERE ESPACE... (4.8%) 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
-38.17 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.38 years
Q3: 2.01 years
Excellent -7 pts over 3 years

In 2023, the repayment capacity of INDUSTRIE ROUTIERE ESPACE... (-38.17) 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 144.32. 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 293.9x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2023) ?
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

144.323

Interest coverage (2023) ?
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

293.873

Liquidity indicators evolution
INDUSTRIE ROUTIERE ESPACE MAITENANCE

Sector positioning

Liquidity ratio
144.32 2023
2021
2022
2023
Q1: 138.32
Med: 187.83
Q3: 267.69
Average

In 2023, the liquidity ratio of INDUSTRIE ROUTIERE ESPACE... (144.32) 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
293.87x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.85x
Q3: 4.46x
Excellent +52 pts over 3 years

In 2023, the interest coverage of INDUSTRIE ROUTIERE ESPACE... (293.9x) 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: 116 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 98 days. The company must finance 18 days of gap between collections and payments. Inventory turnover is 12 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 122 days of revenue, i.e. 989 k€ to permanently finance. Over 2016-2023, WCR increased by +261%, requiring additional financing.

Operating WCR (2023) ?
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

989 045 €

Customer credit (2023) ?
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

116 j

Supplier credit (2023) ?
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

98 j

Inventory turnover (2023) ?
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

12 j

WCR in days of revenue (2023) ?
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

122 j

WCR and payment terms evolution
INDUSTRIE ROUTIERE ESPACE MAITENANCE

Positioning of INDUSTRIE ROUTIERE ESPACE MAITENANCE in its sector

Comparison with sector Construction de routes et autoroutes

Valuation estimate

Based on 67 transactions of similar company sales (all years), the value of INDUSTRIE ROUTIERE ESPACE MAITENANCE is estimated at 121 128 € (range 80 011€ - 239 886€). With an EBITDA of 5 353€, the sector multiple of 0.6x is applied. The price/revenue ratio is 0.13x (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 2023
67 tx
80k€ 121k€ 239k€
121 128 € Range: 80 011€ - 239 886€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
5 353 € × 0.6x
Estimation 3 015 €
1 470€ - 13 801€
Revenue Multiple 30%
2 923 228 € × 0.13x
Estimation 394 237 €
262 020€ - 751 594€
Net Income Multiple 20%
21 729 € × 0.3x
Estimation 6 749 €
3 350€ - 37 539€
How is this estimate calculated?

This estimate is based on the analysis of 67 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 (Construction de routes et autoroutes)

Compare INDUSTRIE ROUTIERE ESPACE MAITENANCE with other companies in the same sector:

Voir toutes les statistiques du secteur Construction de routes et autoroutes

Frequently asked questions about INDUSTRIE ROUTIERE ESPACE MAITENANCE

What is the revenue of INDUSTRIE ROUTIERE ESPACE MAITENANCE ?

The revenue of INDUSTRIE ROUTIERE ESPACE MAITENANCE in 2023 is 2.9 M€.

Is INDUSTRIE ROUTIERE ESPACE MAITENANCE profitable?

Yes, INDUSTRIE ROUTIERE ESPACE MAITENANCE generated a net profit of 22 k€ in 2023.

Where is the headquarters of INDUSTRIE ROUTIERE ESPACE MAITENANCE ?

The headquarters of INDUSTRIE ROUTIERE ESPACE MAITENANCE is located in CORBIE (80800), in the department Somme.

Where to find the tax return of INDUSTRIE ROUTIERE ESPACE MAITENANCE ?

The tax return of INDUSTRIE ROUTIERE ESPACE MAITENANCE 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 INDUSTRIE ROUTIERE ESPACE MAITENANCE operate?

INDUSTRIE ROUTIERE ESPACE MAITENANCE operates in the sector Construction de routes et autoroutes (NAF code 42.11Z). See the 'Sector positioning' section above to compare the company with its competitors.