SIREN : 527707590
LAZELEC is a French company founded 15 years ago, specialized in the sector Construction de véhicules automobiles. Based in TALMONT-SAINT-HILAIRE (85440), this company of category ETI shows in 2024 a revenue of 281 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 280 594 € | 351 024 € | 241 917 € | 160 869 € | 160 869 € | 108 177 € | 193 920 € | 132 070 € | 238 763 € |
| Net income | 4 139 € | 64 173 € | 16 698 € | -92 007 € | -92 007 € | -132 449 € | -54 743 € | -225 994 € | -285 686 € |
| EBITDA | -53 493 € | 16 034 € | -20 922 € | -38 598 € | -38 598 € | -42 474 € | 32 783 € | -226 168 € | -197 991 € |
| Net margin | 1.5% | 18.3% | 6.9% | -57.2% | -57.2% | -122.4% | -28.2% | -171.1% | -119.7% |
In 2024, LAZELEC achieves revenue of 281 k€. Revenue is growing positively over 9 years (CAGR: +2.0%). Significant drop of -20% vs 2023. After deducting consumption (176 k€), gross margin stands at 105 k€, i.e. a rate of 37%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -53 k€, representing -19.1% of revenue. Warning negative scissor effect: despite revenue change (-20%), EBITDA varies by -434%, reducing margin by 23.6 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 4 k€, i.e. 1.5% of revenue. This profit can be retained or distributed to shareholders.
280 594 €
105 055 €
-53 493 €
13 945 €
4 139 €
-19.1%
The debt ratio (= Financial debt / Equity x 100) stands at 91%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 36%. The balance between equity and debt is satisfactory.
91.243%
36.385%
-22.711%
-1.962
55.4%
In 2024, the debt ratio of LAZELEC (91.24) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2024, the financial autonomy of LAZELEC (36.4%) 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.
In 2024, the repayment capacity of LAZELEC (-1.96) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 237.49. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
237.486
-18.651
In 2024, the liquidity ratio of LAZELEC (237.49) 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.
In 2024, the interest coverage of LAZELEC (-18.6x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 183 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 139 days. The gap of 44 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 83 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 288 days of revenue, i.e. 224 k€ to permanently finance. Over 2016-2024, WCR increased by +61%, requiring additional financing.
224 200 €
183 j
139 j
83 j
288 j
Based on 61 transactions of similar company sales
(all years),
the value of LAZELEC is estimated at
51 772 €
(range 35 293€ - 159 605€).
The price/revenue ratio is 0.30x
(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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 61 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare LAZELEC with other companies in the same sector:
Voir toutes les statistiques du secteur Construction de véhicules automobiles
The revenue of LAZELEC in 2024 is 281 k€.
Yes, LAZELEC generated a net profit of 4 k€ in 2024.
The headquarters of LAZELEC is located in TALMONT-SAINT-HILAIRE (85440), in the department Vendee.
The tax return of LAZELEC 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).
LAZELEC operates in the sector Construction de véhicules automobiles (NAF code 29.10Z). See the 'Sector positioning' section above to compare the company with its competitors.