MELTEM INDUSTRIE SERVICES : revenue, balance sheet and financial ratios

MELTEM INDUSTRIE SERVICES is a French company founded 14 years ago, specialized in the sector Construction de routes et autoroutes. Based in PEYREHORADE (40300), this company of category PME shows in 2023 a revenue of 624 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

Financial history - MELTEM INDUSTRIE SERVICES (SIREN 539414052)
Indicator 2023 2021 2019 2018 2017
Revenue 624 332 € 348 895 € 626 115 € 487 436 € 118 858 €
Net income 14 813 € 14 750 € 79 820 € 122 949 € 28 731 €
EBITDA 31 947 € 31 481 € 192 452 € 196 429 € 35 114 €
Net margin 2.4% 4.2% 12.7% 25.2% 24.2%

Revenue and income statement

In 2023, MELTEM INDUSTRIE SERVICES achieves revenue of 624 k€. Over the period 2017-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +31.8%. Vs 2021, growth of +79% (349 k€ -> 624 k€). After deducting consumption (240 k€), gross margin stands at 385 k€, i.e. a rate of 62%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 32 k€, representing 5.1% of revenue. Warning negative scissor effect: despite revenue change (+79%), EBITDA varies by +1%, reducing margin by 3.9 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 15 k€, i.e. 2.4% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

624 332 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

384 759 €

EBITDA (2023) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

31 947 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

17 428 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

14 813 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

5.1%

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Chart evolution

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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 2%. 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 1%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Cash flow represents 4.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

1.796%

Financial autonomy (2023) ?
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

1.429%

Cash flow / Revenue (2023) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

4.698%

Repayment capacity (2023) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

0.0

Asset age ratio (2023) ?
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

12.5%

Solvency indicators evolution
MELTEM INDUSTRIE SERVICES

Sector positioning

Debt ratio
1.8 2023
2019
2021
2023
Q1: 1.52
Med: 22.97
Q3: 75.77
Good

In 2023, the debt ratio of MELTEM INDUSTRIE SERVICES (1.80) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
1.43% 2023
2019
2021
2023
Q1: 13.06%
Med: 33.51%
Q3: 52.92%
Average

In 2023, the financial autonomy of MELTEM INDUSTRIE SERVICES (1.4%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
0.0 years 2023
2019
2021
2023
Q1: 0.0 years
Med: 0.38 years
Q3: 2.01 years
Excellent

In 2023, the repayment capacity of MELTEM INDUSTRIE SERVICES (0.00) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 466.64. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2023) ?
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

466.643

Interest coverage (2023) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

0.0

Liquidity indicators evolution
MELTEM INDUSTRIE SERVICES

Sector positioning

Liquidity ratio
466.64 2023
2019
2021
2023
Q1: 138.32
Med: 187.83
Q3: 267.69
Excellent

In 2023, the liquidity ratio of MELTEM INDUSTRIE SERVICES (466.64) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
0.0x 2023
2019
2021
2023
Q1: 0.0x
Med: 0.85x
Q3: 4.46x
Average

In 2023, the interest coverage of MELTEM INDUSTRIE SERVICES (0.0x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 54 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 33 days. The company must finance 21 days of gap between collections and payments. Inventory turnover is 8 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 119 days of revenue, i.e. 206 k€ to permanently finance. Over 2017-2023, WCR increased by +1063%, requiring additional financing.

Operating WCR (2023) ?
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

205 942 €

Customer credit (2023) ?
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

54 j

Supplier credit (2023) ?
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

33 j

Inventory turnover (2023) ?
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

8 j

WCR in days of revenue (2023) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

119 j

WCR and payment terms evolution
MELTEM INDUSTRIE SERVICES

Positioning of MELTEM INDUSTRIE SERVICES in its sector

Comparison with sector Construction de routes et autoroutes

Valuation estimate

Based on 67 transactions of similar company sales (all years), the value of MELTEM INDUSTRIE SERVICES is estimated at 35 176 € (range 21 631€ - 94 456€). With an EBITDA of 31 947€, the sector multiple of 0.6x is applied. The price/revenue ratio is 0.13x (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.

Estimated enterprise value 2023
67 tx
21k€ 35k€ 94k€
35 176 € Range: 21 631€ - 94 456€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
31 947 € × 0.6x
Estimation 17 993 €
8 773€ - 82 363€
Revenue Multiple 30%
624 332 € × 0.13x
Estimation 84 200 €
55 961€ - 160 523€
Net Income Multiple 20%
14 813 € × 0.3x
Estimation 4 601 €
2 284€ - 25 591€
How is this estimate calculated?

This estimate is based on the analysis of 67 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Construction de routes et autoroutes)

Compare MELTEM INDUSTRIE SERVICES with other companies in the same sector:

Voir toutes les statistiques du secteur Construction de routes et autoroutes

Frequently asked questions about MELTEM INDUSTRIE SERVICES

What is the revenue of MELTEM INDUSTRIE SERVICES ?

The revenue of MELTEM INDUSTRIE SERVICES in 2023 is 624 k€.

Is MELTEM INDUSTRIE SERVICES profitable?

Yes, MELTEM INDUSTRIE SERVICES generated a net profit of 15 k€ in 2023.

Where is the headquarters of MELTEM INDUSTRIE SERVICES ?

The headquarters of MELTEM INDUSTRIE SERVICES is located in PEYREHORADE (40300), in the department Landes.

Where to find the tax return of MELTEM INDUSTRIE SERVICES ?

The tax return of MELTEM INDUSTRIE SERVICES 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 MELTEM INDUSTRIE SERVICES operate?

MELTEM INDUSTRIE SERVICES operates in the sector Construction de routes et autoroutes (NAF code 42.11Z). See the 'Sector positioning' section above to compare the company with its competitors.