KEOLIS MAINTENANCE SERVICES : revenue, balance sheet and financial ratios

KEOLIS MAINTENANCE SERVICES is a French company founded 45 years ago, specialized in the sector Transports routiers réguliers de voyageurs. Based in LE MESNIL-AMELOT (77990), this company of category GE shows in 2024 a revenue of 5.0 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 - KEOLIS MAINTENANCE SERVICES (SIREN 562091132)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 4 951 060 € 69 192 721 € 118 679 540 € 114 138 443 € 101 504 436 € 101 533 724 € 99 083 719 € 102 150 750 € 104 377 761 €
Net income -1 169 905 € 4 037 626 € 7 751 602 € 6 263 875 € 3 951 380 € 2 746 155 € 2 638 503 € 2 417 268 € 2 739 509 €
EBITDA -9 014 672 € 2 404 598 € 12 562 776 € 11 803 786 € 9 069 700 € 5 857 286 € 3 912 161 € 3 072 954 € 6 114 905 €
Net margin -23.6% 5.8% 6.5% 5.5% 3.9% 2.7% 2.7% 2.4% 2.6%

Revenue and income statement

In 2024, KEOLIS MAINTENANCE SERVICES achieves revenue of 5.0 M€. Revenue is declining over the period 2016-2024 (CAGR: -31.7%). Significant drop of -93% vs 2023. After deducting consumption (630 k€), gross margin stands at 4.3 M€, i.e. a rate of 87%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -9.0 M€, representing -182.1% of revenue. Warning negative scissor effect: despite revenue change (-93%), EBITDA varies by -475%, reducing margin by 185.6 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -1.2 M€ (-23.6% of revenue), which will impact equity.

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

4 951 060 €

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

4 321 526 €

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

-9 014 672 €

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

-8 777 211 €

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

-1 169 905 €

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

-181.1%

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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 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 53%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

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

0.003%

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

52.936%

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

-163.278%

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

2.8%

Solvency indicators evolution
KEOLIS MAINTENANCE SERVICES

Sector positioning

Debt ratio
0.0 2024
2022
2023
2024
Q1: 0.05
Med: 13.36
Q3: 53.47
Excellent

In 2024, the debt ratio of KEOLIS MAINTENANCE SERVICES (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
52.94% 2024
2022
2023
2024
Q1: 19.49%
Med: 38.63%
Q3: 57.22%
Good -7 pts over 3 years

In 2024, the financial autonomy of KEOLIS MAINTENANCE SERVICES (52.9%) 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
0.0 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 1.3 years
Excellent -30 pts over 3 years

In 2024, the repayment capacity of KEOLIS MAINTENANCE SERVICES (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 202.33. 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 0.0x. 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

202.328

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

0.036

Liquidity indicators evolution
KEOLIS MAINTENANCE SERVICES

Sector positioning

Liquidity ratio
202.33 2024
2022
2023
2024
Q1: 120.71
Med: 178.19
Q3: 288.37
Good

In 2024, the liquidity ratio of KEOLIS MAINTENANCE SERVICES (202.33) 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
0.04x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.09x
Q3: 3.69x
Average -18 pts over 3 years

In 2024, the interest coverage of KEOLIS MAINTENANCE SERVICES (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: 295 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 270 days. The company must finance 25 days of gap between collections and payments. Overall, WCR represents 2221 days of revenue, i.e. 30.6 M€ to permanently finance. Over 2016-2024, WCR increased by +1359%, 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

30 550 367 €

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

295 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

270 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

2221 j

WCR and payment terms evolution
KEOLIS MAINTENANCE SERVICES

Positioning of KEOLIS MAINTENANCE SERVICES in its sector

Comparison with sector Transports routiers réguliers de voyageurs

Valuation estimate

Based on 85 transactions of similar company sales (all years), the value of KEOLIS MAINTENANCE SERVICES is estimated at 699 528 € (range 526 388€ - 1 569 293€). The price/revenue ratio is 0.14x (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
85 tx
526k€ 699k€ 1569k€
699 528 € Range: 526 388€ - 1 569 293€
NAF 5 all-time

Valuation method used

Revenue Multiple
4 951 060 € × 0.14x = 699 529 €
Range: 526 388€ - 1 569 294€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 85 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 (Transports routiers réguliers de voyageurs)

Compare KEOLIS MAINTENANCE SERVICES with other companies in the same sector:

Voir toutes les statistiques du secteur Transports routiers réguliers de voyageurs

Frequently asked questions about KEOLIS MAINTENANCE SERVICES

What is the revenue of KEOLIS MAINTENANCE SERVICES ?

The revenue of KEOLIS MAINTENANCE SERVICES in 2024 is 5.0 M€.

Is KEOLIS MAINTENANCE SERVICES profitable?

KEOLIS MAINTENANCE SERVICES recorded a net loss in 2024.

Where is the headquarters of KEOLIS MAINTENANCE SERVICES ?

The headquarters of KEOLIS MAINTENANCE SERVICES is located in LE MESNIL-AMELOT (77990), in the department Seine-et-Marne.

Where to find the tax return of KEOLIS MAINTENANCE SERVICES ?

The tax return of KEOLIS MAINTENANCE SERVICES 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 KEOLIS MAINTENANCE SERVICES operate?

KEOLIS MAINTENANCE SERVICES operates in the sector Transports routiers réguliers de voyageurs (NAF code 49.39A). See the 'Sector positioning' section above to compare the company with its competitors.