SIREN : 895780070
MAHEY is a French company founded 69 years ago, specialized in the sector Travaux d'installation d'eau et de gaz en tous locaux. Based in SAINT-MALO (35400), this company of category PME shows in 2025 a revenue of 17.0 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2025 | 2024 | 2023 | 2022 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 16 987 722 € | 14 905 662 € | 14 963 423 € | 13 831 660 € | 9 821 602 € | 9 639 619 € | 10 294 101 € | 9 108 035 € |
| Net income | 1 083 389 € | 1 193 667 € | 966 951 € | 762 684 € | 830 547 € | 745 202 € | 650 672 € | 753 154 € |
| EBITDA | 1 553 943 € | 1 824 373 € | 1 441 359 € | 1 234 603 € | 1 420 173 € | 1 181 185 € | 1 091 277 € | 1 293 016 € |
| Net margin | 6.4% | 8.0% | 6.5% | 5.5% | 8.5% | 7.7% | 6.3% | 8.3% |
In 2025, MAHEY achieves revenue of 17.0 M€. Over the period 2017-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +8.1%. Vs 2024, growth of +14% (14.9 M€ -> 17.0 M€). After deducting consumption (6.1 M€), gross margin stands at 10.9 M€, i.e. a rate of 64%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.6 M€, representing 9.1% of revenue. Warning negative scissor effect: despite revenue change (+14%), EBITDA varies by -15%, reducing margin by 3.1 pts. This reflects costs rising faster than revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.1 M€, i.e. 6.4% of revenue. This profit can be retained or distributed to shareholders.
16 987 722 €
10 855 399 €
1 553 943 €
1 543 031 €
1 083 389 €
9.1%
The debt ratio (= Financial debt / Equity x 100) stands at 13%. 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 35%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.3 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 6.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
13.204%
34.554%
6.264%
0.303
32.2%
In 2025, the debt ratio of MAHEY (13.20) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2025, the financial autonomy of MAHEY (34.5%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2025, the repayment capacity of MAHEY (0.30) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.
The liquidity ratio (= Current assets / Current liabilities) stands at 151.57. 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 1.8x. Coverage is limited: any activity downturn would jeopardize interest payments.
151.572
1.787
In 2025, the liquidity ratio of MAHEY (151.57) 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.
In 2025, the interest coverage of MAHEY (1.8x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 66 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 69 days. Favorable situation: supplier credit is longer than customer credit by 3 days. Inventory turnover is 8 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 56 days of revenue, i.e. 2.6 M€ to permanently finance. Over 2017-2025, WCR increased by +372%, requiring additional financing.
2 640 062 €
66 j
69 j
8 j
56 j
Indicative estimate only : the number of comparable transactions in this sector is limited (38 transactions). This range of 1 893 465€ to 4 569 143€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 38 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 MAHEY with other companies in the same sector:
Voir toutes les statistiques du secteur Travaux d'installation d'eau et de gaz en tous locaux
The revenue of MAHEY in 2025 is 17.0 M€.
Yes, MAHEY generated a net profit of 1.1 M€ in 2025.
The headquarters of MAHEY is located in SAINT-MALO (35400), in the department Ille-et-Vilaine.
The tax return of MAHEY 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).
MAHEY operates in the sector Travaux d'installation d'eau et de gaz en tous locaux (NAF code 43.22A). See the 'Sector positioning' section above to compare the company with its competitors.