SIREN : 821283199
MECO 18 is a French company founded 9 years ago, specialized in the sector Production d'électricité. Based in CAPDENAC-GARE (12700), this company of category PME shows in 2023 a revenue of 207 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
| Indicator | 2023 | 2021 | 2020 |
|---|---|---|---|
| Revenue | 206 827 € | 144 657 € | 48 700 € |
| Net income | 46 639 € | 60 802 € | -170 993 € |
| EBITDA | 162 834 € | 126 019 € | -155 674 € |
| Net margin | 22.5% | 42.0% | -351.1% |
In 2023, MECO 18 achieves revenue of 207 k€. Over the period 2020-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +61.9%. Vs 2021, growth of +43% (145 k€ -> 207 k€). After deducting consumption (0 €), gross margin stands at 207 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 163 k€, representing 78.7% of revenue. Warning negative scissor effect: despite revenue change (+43%), EBITDA varies by +29%, reducing margin by 8.4 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 47 k€, i.e. 22.5% of revenue. This profit can be retained or distributed to shareholders.
206 827 €
206 827 €
162 834 €
85 614 €
46 639 €
78.7%
The debt ratio (= Financial debt / Equity x 100) stands at -35264%. 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 -0%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 12.1 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 59.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
-35263.979%
-0.272%
59.88%
12.078
85.5%
In 2023, the debt ratio of MECO 18 (-35263.98) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.
In 2023, the financial autonomy of MECO 18 (-0.3%) 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 2023, the repayment capacity of MECO 18 (12.08) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 476.97. 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 23.9x. Operating income very largely covers interest expenses: high safety margin.
476.974
23.935
In 2023, the liquidity ratio of MECO 18 (476.97) 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 2023, the interest coverage of MECO 18 (23.9x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 123 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 89 days. The gap of 34 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 74 days of revenue, i.e. 42 k€ to permanently finance. Notable WCR improvement over the period (-79%), freeing up cash.
42 337 €
123 j
89 j
0 j
74 j
Based on 85 transactions of similar company sales
(all years),
the value of MECO 18 is estimated at
266 790 €
(range 36 889€ - 1 056 117€).
With an EBITDA of 162 834€, the sector multiple of 2.4x is applied.
The price/revenue ratio is 0.69x
(in line with sector norms).
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 85 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 MECO 18 with other companies in the same sector:
Voir toutes les statistiques du secteur Production d'électricité
The revenue of MECO 18 in 2023 is 207 k€.
Yes, MECO 18 generated a net profit of 47 k€ in 2023.
The headquarters of MECO 18 is located in CAPDENAC-GARE (12700), in the department Aveyron.
The tax return of MECO 18 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).
MECO 18 operates in the sector Production d'électricité (NAF code 35.11Z). See the 'Sector positioning' section above to compare the company with its competitors.