SIREN : 402595474
MSA SERVICES is a French company founded 30 years ago, specialized in the sector Autres activités de soutien aux entreprises n.c.a.. Based in VANNES (56000), this company of category PME shows in 2024 a revenue of 138 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 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 137 718 € | 1 901 206 € | 1 726 689 € | 1 511 489 € | 1 352 728 € | 1 194 339 € | 1 162 175 € | 1 089 446 € | 920 180 € |
| Net income | 5 853 € | 8 304 € | 3 035 € | 10 862 € | 13 333 € | 42 737 € | -104 131 € | 6 948 € | 14 715 € |
| EBITDA | -1 838 059 € | -13 528 € | -29 435 € | 36 623 € | 82 832 € | 10 700 € | 22 387 € | 14 309 € | 2 979 € |
| Net margin | 4.2% | 0.4% | 0.2% | 0.7% | 1.0% | 3.6% | -9.0% | 0.6% | 1.6% |
In 2024, MSA SERVICES achieves revenue of 138 k€. Revenue is declining over the period 2016-2024 (CAGR: -21.1%). Significant drop of -93% vs 2023. After deducting consumption (67 k€), gross margin stands at 71 k€, i.e. a rate of 52%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -1.8 M€, representing -1334.7% of revenue. Warning negative scissor effect: despite revenue change (-93%), EBITDA varies by -13487%, reducing margin by 1333.9 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 6 k€, i.e. 4.2% of revenue. This profit can be retained or distributed to shareholders.
137 718 €
71 188 €
-1 838 059 €
20 679 €
5 853 €
-1334.7%
The debt ratio (= Financial debt / Equity x 100) stands at 95%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 35%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 3.2 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 108.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
95.43%
35.334%
108.125%
3.173
56.4%
In 2024, the debt ratio of MSA SERVICES (95.43) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2024, the financial autonomy of MSA SERVICES (35.3%) 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.
In 2024, the repayment capacity of MSA SERVICES (3.17) 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 173.66. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
173.664
-1.121
In 2024, the liquidity ratio of MSA SERVICES (173.66) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.
In 2024, the interest coverage of MSA SERVICES (-1.1x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 736 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 55 days. The gap of 681 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 274 days of revenue, i.e. 105 k€ to permanently finance. Notable WCR improvement over the period (-64%), freeing up cash.
104 706 €
736 j
55 j
0 j
274 j
Based on 131 transactions of similar company sales (all years), the value of MSA SERVICES is estimated at 37 228 € (range 17 039€ - 78 550€). The price/revenue ratio is 0.36x (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.
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This estimate is based on the analysis of 131 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 MSA SERVICES with other companies in the same sector:
Voir toutes les statistiques du secteur Autres activités de soutien aux entreprises n.c.a.
The revenue of MSA SERVICES in 2024 is 138 k€.
Yes, MSA SERVICES generated a net profit of 6 k€ in 2024.
The headquarters of MSA SERVICES is located in VANNES (56000), in the department Morbihan.
The tax return of MSA 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).
MSA SERVICES operates in the sector Autres activités de soutien aux entreprises n.c.a. (NAF code 82.99Z). See the 'Sector positioning' section above to compare the company with its competitors.