LA GENERALE DE CHAUFFAGE WILLIAM FILLET : revenue, balance sheet and financial ratios

LA GENERALE DE CHAUFFAGE WILLIAM FILLET is a French company founded 36 years ago, specialized in the sector Travaux d'installation d'équipements thermiques et de climatisation. Based in NICE (06200), this company of category PME shows in 2023 a revenue of 596 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-18

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - LA GENERALE DE CHAUFFAGE WILLIAM FILLET (SIREN 351265004)
Indicator 2023 2022 2021 2020 2018 2017 2016
Revenue 595 871 € 539 213 € 642 323 € 534 075 € 710 464 € 626 783 € 646 061 €
Net income 410 € 1 981 € 4 386 € -10 002 € 17 265 € 4 044 € 32 216 €
EBITDA 1 703 € 3 144 € -33 409 € -19 016 € 27 150 € 1 909 € 45 144 €
Net margin 0.1% 0.4% 0.7% -1.9% 2.4% 0.6% 5.0%

Revenue and income statement

In 2023, LA GENERALE DE CHAUFFAGE WILLIAM FILLET achieves revenue of 596 k€. Activity remains stable over the period (CAGR: -1.1%). Vs 2022, growth of +11% (539 k€ -> 596 k€). After deducting consumption (189 k€), gross margin stands at 407 k€, i.e. a rate of 68%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 2 k€, representing 0.3% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 410 €, i.e. 0.1% 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

595 871 €

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

407 306 €

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

1 703 €

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

1 509 €

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

410 €

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

0.3%

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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 60%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 44%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

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

59.885%

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

44.172%

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

-54.861

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

12.3%

Solvency indicators evolution
LA GENERALE DE CHAUFFAGE WILLIAM FILLET

Sector positioning

Debt ratio
59.88 2023
2021
2022
2023
Q1: 2.09
Med: 17.22
Q3: 54.07
Average +8 pts over 3 years

In 2023, the debt ratio of LA GENERALE DE CHAUFFAGE ... (59.88) 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
44.17% 2023
2021
2022
2023
Q1: 15.57%
Med: 35.33%
Q3: 53.94%
Good

In 2023, the financial autonomy of LA GENERALE DE CHAUFFAGE ... (44.2%) 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
-54.86 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.21 years
Q3: 1.37 years
Excellent

In 2023, the repayment capacity of LA GENERALE DE CHAUFFAGE ... (-54.86) 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 95.90. 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 297.4x. 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

95.9

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

297.358

Liquidity indicators evolution
LA GENERALE DE CHAUFFAGE WILLIAM FILLET

Sector positioning

Liquidity ratio
95.9 2023
2021
2022
2023
Q1: 152.99
Med: 207.19
Q3: 302.35
Watch

In 2023, the liquidity ratio of LA GENERALE DE CHAUFFAGE ... (95.90) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
297.36x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.26x
Q3: 2.24x
Excellent +52 pts over 3 years

In 2023, the interest coverage of LA GENERALE DE CHAUFFAGE ... (297.4x) 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: 26 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 43 days. Favorable situation: supplier credit is longer than customer credit by 17 days. Inventory turnover is 15 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 8 days of revenue, i.e. 13 k€ to permanently finance. Notable WCR improvement over the period (-27%), freeing up cash.

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

13 038 €

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

26 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

43 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

15 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

8 j

WCR and payment terms evolution
LA GENERALE DE CHAUFFAGE WILLIAM FILLET

Positioning of LA GENERALE DE CHAUFFAGE WILLIAM FILLET in its sector

Comparison with sector Travaux d'installation d'équipements thermiques et de climatisation

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (26 transactions). This range of 34 738€ to 55 479€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2023
Indicative
34k€ 36k€ 55k€
36 096 € Range: 34 738€ - 55 479€
NAF 5 année 2023

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 26 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 (Travaux d'installation d'équipements thermiques et de climatisation)

Compare LA GENERALE DE CHAUFFAGE WILLIAM FILLET with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux d'installation d'équipements thermiques et de climatisation

Frequently asked questions about LA GENERALE DE CHAUFFAGE WILLIAM FILLET

What is the revenue of LA GENERALE DE CHAUFFAGE WILLIAM FILLET ?

The revenue of LA GENERALE DE CHAUFFAGE WILLIAM FILLET in 2023 is 596 k€.

Is LA GENERALE DE CHAUFFAGE WILLIAM FILLET profitable?

Yes, LA GENERALE DE CHAUFFAGE WILLIAM FILLET generated a net profit of 410€ in 2023.

Where is the headquarters of LA GENERALE DE CHAUFFAGE WILLIAM FILLET ?

The headquarters of LA GENERALE DE CHAUFFAGE WILLIAM FILLET is located in NICE (06200), in the department Alpes-Maritimes.

Where to find the tax return of LA GENERALE DE CHAUFFAGE WILLIAM FILLET ?

The tax return of LA GENERALE DE CHAUFFAGE WILLIAM FILLET 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 LA GENERALE DE CHAUFFAGE WILLIAM FILLET operate?

LA GENERALE DE CHAUFFAGE WILLIAM FILLET operates in the sector Travaux d'installation d'équipements thermiques et de climatisation (NAF code 43.22B). See the 'Sector positioning' section above to compare the company with its competitors.