SIREN : 879985455
MECO 21 is a French company founded 6 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 330 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 | 329 601 € | 65 406 € | N/C |
| Net income | 61 966 € | -159 979 € | -152 397 € |
| EBITDA | 283 801 € | -114 634 € | -151 635 € |
| Net margin | 18.8% | -244.6% | N/C |
In 2023, MECO 21 achieves revenue of 330 k€. Over the period 2021-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +124.5%. Vs 2021, growth of +404% (65 k€ -> 330 k€). After deducting consumption (0 €), gross margin stands at 330 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 284 k€, representing 86.1% of revenue. Positive scissor effect: EBITDA margin improves by +261.4 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 62 k€, i.e. 18.8% of revenue. This profit can be retained or distributed to shareholders.
329 601 €
329 601 €
283 801 €
145 463 €
61 966 €
86.1%
The debt ratio (= Financial debt / Equity x 100) stands at -822%. 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 -14%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 18.7 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 60.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
-821.881%
-13.63%
60.771%
18.739
91.9%
In 2023, the debt ratio of MECO 21 (-821.88) 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 21 (-13.6%) 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 21 (18.74) 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 648.83. 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 29.4x. Operating income very largely covers interest expenses: high safety margin.
648.832
29.421
In 2023, the liquidity ratio of MECO 21 (648.83) 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 21 (29.4x) 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: 136 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 203 days. Excellent situation: suppliers finance 67 days of the operating cycle (retail model). Overall, WCR represents 305 days of revenue, i.e. 279 k€ to permanently finance.
279 465 €
136 j
203 j
0 j
305 j
Based on 85 transactions of similar company sales
(all years),
the value of MECO 21 is estimated at
447 449 €
(range 60 206€ - 1 767 124€).
With an EBITDA of 283 801€, 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 21 with other companies in the same sector:
Voir toutes les statistiques du secteur Production d'électricité
The revenue of MECO 21 in 2023 is 330 k€.
Yes, MECO 21 generated a net profit of 62 k€ in 2023.
The headquarters of MECO 21 is located in CAPDENAC-GARE (12700), in the department Aveyron.
The tax return of MECO 21 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 21 operates in the sector Production d'électricité (NAF code 35.11Z). See the 'Sector positioning' section above to compare the company with its competitors.