MECAFLUIDES ETANCHEITE : revenue, balance sheet and financial ratios

MECAFLUIDES ETANCHEITE is a French company founded 34 years ago, specialized in the sector Réparation de machines et équipements mécaniques. Based in BRUGES (33520), this company of category PME shows in 2022 a revenue of 947 k€. 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

Financial history - MECAFLUIDES ETANCHEITE (SIREN 387630973)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue N/C N/C 946 707 € N/C N/C N/C N/C 835 069 € 773 471 €
Net income -59 073 € 15 244 € 27 899 € 19 795 € 9 768 € 15 727 € 18 276 € 28 241 € 35 147 €
EBITDA N/C N/C 78 466 € N/C N/C N/C N/C 77 258 € 53 123 €
Net margin N/C N/C 2.9% N/C N/C N/C N/C 3.4% 4.5%

Revenue and income statement

In 2024, MECAFLUIDES ETANCHEITE records a net loss of 59 k€. This deficit will reduce equity on the balance sheet.

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

-59 073 €

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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 38%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 60%. 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

38.196%

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

60.301%

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

48.1%

Solvency indicators evolution
MECAFLUIDES ETANCHEITE

Sector positioning

Debt ratio
38.2 2024
2022
2023
2024
Q1: 2.87
Med: 17.34
Q3: 52.01
Average +10 pts over 3 years

In 2024, the debt ratio of MECAFLUIDES ETANCHEITE (38.20) 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
60.3% 2024
2022
2023
2024
Q1: 23.1%
Med: 44.97%
Q3: 62.71%
Good

In 2024, the financial autonomy of MECAFLUIDES ETANCHEITE (60.3%) 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
2.97 years 2022
2022
Q1: 0.0 years
Med: 0.46 years
Q3: 2.04 years
Average

In 2022, the repayment capacity of MECAFLUIDES ETANCHEITE (2.97) 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 277.76. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

277.758

Liquidity indicators evolution
MECAFLUIDES ETANCHEITE

Sector positioning

Liquidity ratio
277.76 2024
2022
2023
2024
Q1: 167.32
Med: 242.93
Q3: 357.25
Good -13 pts over 3 years

In 2024, the liquidity ratio of MECAFLUIDES ETANCHEITE (277.76) 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
5.28x 2022
2022
Q1: 0.0x
Med: 0.43x
Q3: 2.76x
Excellent

In 2022, the interest coverage of MECAFLUIDES ETANCHEITE (5.3x) 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 (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

0 €

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

0 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

0 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 and payment terms evolution
MECAFLUIDES ETANCHEITE

Positioning of MECAFLUIDES ETANCHEITE in its sector

Comparison with sector Réparation de machines et équipements mécaniques

Similar companies (Réparation de machines et équipements mécaniques)

Compare MECAFLUIDES ETANCHEITE with other companies in the same sector:

Voir toutes les statistiques du secteur Réparation de machines et équipements mécaniques

Frequently asked questions about MECAFLUIDES ETANCHEITE

What is the revenue of MECAFLUIDES ETANCHEITE ?

The revenue of MECAFLUIDES ETANCHEITE in 2022 is 947 k€.

Is MECAFLUIDES ETANCHEITE profitable?

MECAFLUIDES ETANCHEITE recorded a net loss in 2024.

Where is the headquarters of MECAFLUIDES ETANCHEITE ?

The headquarters of MECAFLUIDES ETANCHEITE is located in BRUGES (33520), in the department Gironde.

Where to find the tax return of MECAFLUIDES ETANCHEITE ?

The tax return of MECAFLUIDES ETANCHEITE 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 MECAFLUIDES ETANCHEITE operate?

MECAFLUIDES ETANCHEITE operates in the sector Réparation de machines et équipements mécaniques (NAF code 33.12Z). See the 'Sector positioning' section above to compare the company with its competitors.