Employees: 11 (2023.0)Legal category: SCA (commandite par actions)Size: PMECreation date: 1981-11-05 (44 years)Status: ActiveBusiness sector: Travaux d'isolationLocation: SAINT-DOULCHARD (18230), Cher
PLUS 18 : revenue, balance sheet and financial ratios
PLUS 18 is a French company
founded 44 years ago,
specialized in the sector Travaux d'isolation.
Based in SAINT-DOULCHARD (18230),
this company of category PME
shows in 2022 a revenue of 3.7 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In 2025, PLUS 18 generates positive net income of 247 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2025: 90 k€ -> 247 k€.
Net income (2025)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
247 183 €
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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
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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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 12%. 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 51%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
Debt ratio (2025)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
12.361%
Financial autonomy (2025)
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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
50.938%
Asset age ratio (2025)
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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
2018
2019
2020
2021
2022
2023
2024
2025
Debt ratio
39.772
120.417
58.429
95.869
-221.571
-1698.335
131.088
75.764
42.467
12.361
Financial autonomy
34.206
15.358
20.954
21.761
-34.393
-3.556
24.241
34.428
41.588
50.938
Repayment capacity
2.066
-10.212
1.626
6.549
-1.182
1.641
1.283
None
None
None
Cash flow / Revenue
4062.32%
-0.576%
3.464%
1.305%
-41.119%
11.423%
9.875%
None%
None%
None%
Sector positioning
Debt ratio
12.362025
2023
2024
2025
Q1: 2.91
Med: 14.22
Q3: 41.09
Good-29 pts over 3 years
In 2025, the debt ratio of PLUS 18 (12.36) 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
50.94%2025
2023
2024
2025
Q1: 21.74%
Med: 39.91%
Q3: 59.98%
Good+10 pts over 3 years
In 2025, the financial autonomy of PLUS 18 (50.9%) 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.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 206.34. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2025)
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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
206.34
Liquidity indicators evolution PLUS 18
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2018
2018
2019
2020
2021
2022
2023
2024
2025
Liquidity ratio
160.162
132.421
131.493
148.507
123.317
204.082
205.942
222.879
214.948
206.34
Interest coverage
-0.237
-8.442
6.08
25.424
-1.231
1.855
2.236
None
None
None
Sector positioning
Liquidity ratio
206.342025
2023
2024
2025
Q1: 142.88
Med: 202.08
Q3: 296.57
Good-7 pts over 3 years
In 2025, the liquidity ratio of PLUS 18 (206.34) 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.
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 (2025)
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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 (2025)
?
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 (2025)
?
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 (2025)
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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 PLUS 18
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2018
2018
2019
2020
2021
2022
2023
2024
2025
Operating WCR
0 €
524 359 €
518 946 €
672 849 €
694 258 €
523 228 €
919 667 €
0 €
0 €
0 €
Inventory turnover (days)
0
19
28
32
56
21
17
0
0
0
Customer payment term (days)
0
44
50
0
34
22
46
0
0
0
Supplier payment term (days)
84
58
78
168
114
40
50
0
0
0
Positioning of PLUS 18 in its sector
Comparison with sector Travaux d'isolation
Valuation estimate
Based on 58 transactions of similar company sales
(all years),
the value of PLUS 18 is estimated at
907 114 €
(range 457 338€ - 2 643 992€).
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 value2025
58 tx
457k€907k€2643k€
907 114 €Range: 457 338€ - 2 643 992€
NAF 5 all-time
Valuation method used
Net Income Multiple
247 183 €
×
3.7x
=907 114 €
Range: 457 339€ - 2 643 993€
Only this financial indicator is available for this company.
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 58 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 (Travaux d'isolation)
Compare PLUS 18 with other companies in the same sector:
Yes, PLUS 18 generated a net profit of 247 k€ in 2025.
Where is the headquarters of PLUS 18 ?
The headquarters of PLUS 18 is located in SAINT-DOULCHARD (18230), in the department Cher.
Where to find the tax return of PLUS 18 ?
The tax return of PLUS 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).
In which sector does PLUS 18 operate?
PLUS 18 operates in the sector Travaux d'isolation (NAF code 43.29A). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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