LABORATOIRE D'ETUDES ET CONTROLES (LEC) : revenue, balance sheet and financial ratios

LABORATOIRE D'ETUDES ET CONTROLES (LEC) is a French company founded 31 years ago, specialized in the sector Analyses, essais et inspections techniques. Based in COGNAC (16100), this company of category PME shows in 2019 a revenue of 853 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 - LABORATOIRE D'ETUDES ET CONTROLES (LEC) (SIREN 399038181)
Indicator 2021 2020 2019 2018 2017
Revenue N/C N/C 852 606 € 836 586 € 715 972 €
Net income 29 516 € 29 644 € 86 929 € 69 037 € 30 449 €
EBITDA N/C N/C 80 563 € 80 464 € 34 399 €
Net margin N/C N/C 10.2% 8.3% 4.3%

Revenue and income statement

In 2021, LABORATOIRE D'ETUDES ET CONTROLES (LEC) generates positive net income of 30 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2017-2021: 30 k€ -> 30 k€.

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

29 516 €

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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 41%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 55%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

41.176%

Financial autonomy (2021) ?
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

55.049%

Asset age ratio (2021) ?
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

51.2%

Solvency indicators evolution
LABORATOIRE D'ETUDES ET CONTROLES (LEC)

Sector positioning

Debt ratio
41.18 2021
2019
2020
2021
Q1: 0.01
Med: 15.85
Q3: 74.32
Average +34 pts over 3 years

In 2021, the debt ratio of LABORATOIRE D'ETUDES ET ... (41.18) 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
55.05% 2021
2019
2020
2021
Q1: 11.88%
Med: 35.6%
Q3: 56.93%
Good

In 2021, the financial autonomy of LABORATOIRE D'ETUDES ET ... (55.0%) 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
0.02 years 2019
2019
Q1: 0.0 years
Med: 0.01 years
Q3: 0.95 years
Average

In 2019, the repayment capacity of LABORATOIRE D'ETUDES ET ... (0.02) 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 313.27. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2021) ?
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

313.271

Liquidity indicators evolution
LABORATOIRE D'ETUDES ET CONTROLES (LEC)

Sector positioning

Liquidity ratio
313.27 2021
2019
2020
2021
Q1: 144.97
Med: 222.83
Q3: 352.02
Good

In 2021, the liquidity ratio of LABORATOIRE D'ETUDES ET ... (313.27) 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
2.06x 2019
2019
Q1: 0.0x
Med: 0.01x
Q3: 1.72x
Excellent

In 2019, the interest coverage of LABORATOIRE D'ETUDES ET ... (2.1x) 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.

Operating WCR (2021) ?
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

0 €

Customer credit (2021) ?
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

0 j

Supplier credit (2021) ?
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

0 j

Inventory turnover (2021) ?
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 and payment terms evolution
LABORATOIRE D'ETUDES ET CONTROLES (LEC)

Positioning of LABORATOIRE D'ETUDES ET CONTROLES (LEC) in its sector

Comparison with sector Analyses, essais et inspections techniques

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (47 transactions). This range of 27 808€ to 186 313€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2021
Indicative
27k€ 43k€ 186k€
43 471 € Range: 27 808€ - 186 313€
NAF 5 année 2021

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 47 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 (Analyses, essais et inspections techniques)

Compare LABORATOIRE D'ETUDES ET CONTROLES (LEC) with other companies in the same sector:

Voir toutes les statistiques du secteur Analyses, essais et inspections techniques

Frequently asked questions about LABORATOIRE D'ETUDES ET CONTROLES (LEC)

What is the revenue of LABORATOIRE D'ETUDES ET CONTROLES (LEC) ?

The revenue of LABORATOIRE D'ETUDES ET CONTROLES (LEC) in 2019 is 853 k€.

Is LABORATOIRE D'ETUDES ET CONTROLES (LEC) profitable?

Yes, LABORATOIRE D'ETUDES ET CONTROLES (LEC) generated a net profit of 30 k€ in 2021.

Where is the headquarters of LABORATOIRE D'ETUDES ET CONTROLES (LEC) ?

The headquarters of LABORATOIRE D'ETUDES ET CONTROLES (LEC) is located in COGNAC (16100), in the department Charente.

Where to find the tax return of LABORATOIRE D'ETUDES ET CONTROLES (LEC) ?

The tax return of LABORATOIRE D'ETUDES ET CONTROLES (LEC) 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 LABORATOIRE D'ETUDES ET CONTROLES (LEC) operate?

LABORATOIRE D'ETUDES ET CONTROLES (LEC) operates in the sector Analyses, essais et inspections techniques (NAF code 71.20B). See the 'Sector positioning' section above to compare the company with its competitors.