INSTAL THERMIQUE CONCEPT : revenue, balance sheet and financial ratios

INSTAL THERMIQUE CONCEPT is a French company founded 11 years ago, specialized in the sector Installation de structures métalliques, chaudronnées et de tuyauterie. Based in DRANCY (93700), this company of category PME shows in 2024 a revenue of 385 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 - INSTAL THERMIQUE CONCEPT (SIREN 810566265)
Indicator 2024 2023 2022 2021 2020 2019 2017 2016
Revenue 384 889 € 653 401 € 450 601 € 373 508 € 306 537 € 302 365 € 452 038 € 267 638 €
Net income 3 786 € -12 303 € 3 392 € 1 758 € 18 255 € -17 161 € 28 664 € 42 495 €
EBITDA 7 730 € 5 207 € -10 346 € 4 274 € 19 693 € -13 349 € 33 143 € 47 129 €
Net margin 1.0% -1.9% 0.8% 0.5% 6.0% -5.7% 6.3% 15.9%

Revenue and income statement

In 2024, INSTAL THERMIQUE CONCEPT achieves revenue of 385 k€. Revenue is growing positively over 8 years (CAGR: +4.6%). Significant drop of -41% vs 2023. After deducting consumption (5 k€), gross margin stands at 380 k€, i.e. a rate of 99%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 8 k€, representing 2.0% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 4 k€, i.e. 1.0% 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

384 889 €

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

379 802 €

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

7 730 €

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

5 503 €

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

3 786 €

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

2.0%

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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 0%. 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 0%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Cash flow represents 1.5% 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

0.0%

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

0.0%

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

1.466%

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

0.0

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

-0.0%

Solvency indicators evolution
INSTAL THERMIQUE CONCEPT

Sector positioning

Debt ratio
0.0 2024
2022
2023
2024
Q1: 0.86
Med: 17.38
Q3: 51.09
Excellent

In 2024, the debt ratio of INSTAL THERMIQUE CONCEPT (0.00) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
0.0% 2024
2022
2023
2024
Q1: 18.95%
Med: 38.81%
Q3: 56.71%
Watch

In 2024, the financial autonomy of INSTAL THERMIQUE CONCEPT (0.0%) 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.

Repayment capacity
0.0 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.19 years
Q3: 1.55 years
Excellent

In 2024, the repayment capacity of INSTAL THERMIQUE CONCEPT (0.00) 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 654.69. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

654.691

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

0.0

Liquidity indicators evolution
INSTAL THERMIQUE CONCEPT

Sector positioning

Liquidity ratio
654.69 2024
2022
2023
2024
Q1: 150.33
Med: 206.67
Q3: 290.93
Excellent

In 2024, the liquidity ratio of INSTAL THERMIQUE CONCEPT (654.69) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
0.0x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.53x
Q3: 3.23x
Average

In 2024, the interest coverage of INSTAL THERMIQUE CONCEPT (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: 63 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 2 days. The gap of 61 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 58 days of revenue, i.e. 63 k€ to permanently finance. Over 2016-2024, WCR increased by +437%, 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

62 533 €

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

63 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

2 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

0 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

58 j

WCR and payment terms evolution
INSTAL THERMIQUE CONCEPT

Positioning of INSTAL THERMIQUE CONCEPT 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 INSTAL THERMIQUE CONCEPT is estimated at 26 688 € (range 11 915€ - 47 936€). With an EBITDA of 7 730€, 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
11k€ 26k€ 47k€
26 688 € Range: 11 915€ - 47 936€
NAF 5 all-time

Valuation detail by method

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EBITDA Multiple 50%
7 730 € × 1.0x
Estimation 7 513 €
4 272€ - 23 713€
Revenue Multiple 30%
384 889 € × 0.18x
Estimation 69 447 €
30 178€ - 106 875€
Net Income Multiple 20%
3 786 € × 2.8x
Estimation 10 491 €
3 632€ - 20 087€
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 INSTAL THERMIQUE CONCEPT 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 INSTAL THERMIQUE CONCEPT

What is the revenue of INSTAL THERMIQUE CONCEPT ?

The revenue of INSTAL THERMIQUE CONCEPT in 2024 is 385 k€.

Is INSTAL THERMIQUE CONCEPT profitable?

Yes, INSTAL THERMIQUE CONCEPT generated a net profit of 4 k€ in 2024.

Where is the headquarters of INSTAL THERMIQUE CONCEPT ?

The headquarters of INSTAL THERMIQUE CONCEPT is located in DRANCY (93700), in the department Seine-Saint-Denis.

Where to find the tax return of INSTAL THERMIQUE CONCEPT ?

The tax return of INSTAL THERMIQUE CONCEPT 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 INSTAL THERMIQUE CONCEPT operate?

INSTAL THERMIQUE CONCEPT 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.