MIDI SERVICE : revenue, balance sheet and financial ratios
MIDI SERVICE is a French company
founded 49 years ago,
specialized in the sector Commerce de détail d'équipements automobiles.
Based in TOULOUSE (31300),
this company of category PME
shows in 2022 a revenue of 2.3 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - MIDI SERVICE (SIREN 311675961)
Indicator
2024
2023
2022
2021
2018
2016
Revenue
N/C
N/C
2 337 749 €
N/C
1 815 129 €
N/C
Net income
174 519 €
160 040 €
137 373 €
164 989 €
115 771 €
51 345 €
EBITDA
N/C
N/C
206 589 €
N/C
169 003 €
N/C
Net margin
N/C
N/C
5.9%
N/C
6.4%
N/C
Revenue and income statement
In 2024, MIDI SERVICE generates positive net income of 175 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2024: 51 k€ -> 175 k€.
Net income (2024)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
174 519 €
Loading income statement...
Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
Loading data...
Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
Loading data...
Item
Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 1%. 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 65%. 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
1.254%
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
64.505%
Asset age ratio (2024)
?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2018
2021
2022
2023
2024
Debt ratio
85.459
9.957
0.648
3.147
3.397
1.254
Financial autonomy
39.348
62.991
66.887
56.836
57.079
64.505
Repayment capacity
None
0.448
None
0.122
None
None
Cash flow / Revenue
None%
6.693%
None%
6.504%
None%
None%
Sector positioning
Debt ratio
1.252024
2022
2023
2024
Q1: 0.96
Med: 14.89
Q3: 53.7
Good
In 2024, the debt ratio of MIDI SERVICE (1.25) 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
64.5%2024
2022
2023
2024
Q1: 15.43%
Med: 39.97%
Q3: 59.96%
Excellent
In 2024, the financial autonomy of MIDI SERVICE (64.5%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.
Repayment capacity
0.12 years2022
2022
Q1: 0.0 years
Med: 0.52 years
Q3: 2.46 years
Good
In 2022, the repayment capacity of MIDI SERVICE (0.12) 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.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 250.34. 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
250.344
Liquidity indicators evolution MIDI SERVICE
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2018
2021
2022
2023
2024
Liquidity ratio
139.665
271.457
261.518
202.994
210.775
250.344
Interest coverage
None
0.538
None
0.041
None
None
Sector positioning
Liquidity ratio
250.342024
2022
2023
2024
Q1: 134.64
Med: 206.05
Q3: 313.86
Good+12 pts over 3 years
In 2024, the liquidity ratio of MIDI SERVICE (250.34) 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
0.04x2022
2022
Q1: 0.0x
Med: 0.55x
Q3: 3.19x
Average
In 2022, the interest coverage of MIDI SERVICE (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.
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 MIDI SERVICE
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2018
2021
2022
2023
2024
Operating WCR
0 €
177 574 €
0 €
274 101 €
0 €
0 €
Inventory turnover (days)
0
14
0
13
0
0
Customer payment term (days)
0
30
0
27
0
0
Supplier payment term (days)
0
49
0
69
0
0
Positioning of MIDI SERVICE in its sector
Comparison with sector Commerce de détail d'équipements automobiles
Valuation estimate
Indicative estimate only : the number of comparable transactions in this sector is limited (34 transactions).
This range of 71 984€ to 449 935€ is provided for information purposes only and requires in-depth analysis to be confirmed.
Estimated enterprise value2024
Indicative
71k€262k€449k€
262 764 €Range: 71 984€ - 449 935€
NAF 5 année 2024
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 34 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 (Commerce de détail d'équipements automobiles)
Compare MIDI SERVICE with other companies in the same sector:
Yes, MIDI SERVICE generated a net profit of 175 k€ in 2024.
Where is the headquarters of MIDI SERVICE ?
The headquarters of MIDI SERVICE is located in TOULOUSE (31300), in the department Haute-Garonne.
Where to find the tax return of MIDI SERVICE ?
The tax return of MIDI SERVICE 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 MIDI SERVICE operate?
MIDI SERVICE operates in the sector Commerce de détail d'équipements automobiles (NAF code 45.32Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
Rotate your phone to landscape mode to view the chart