PRO ARMATURE LANGUEDOC : revenue, balance sheet and financial ratios

PRO ARMATURE LANGUEDOC is a French company founded 11 years ago, specialized in the sector Fabrication d'articles en fils métalliques, de chaînes et de ressorts. Based in CASTELNAUDARY (11400), this company of category ETI shows in 2024 a revenue of 4.1 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-09-19

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Synthèse

Santé financière : Fragile

Signal structurel : exploitation déficitaire (EBE négatif).

In summary, PRO ARMATURE LANGUEDOC is currently loss-making, which weighs on its accounts. Its financial structure is broadly in line with its sector.

Financial history - PRO ARMATURE LANGUEDOC (SIREN 808161020)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 4 056 992 € 5 072 867 € 5 937 319 € 5 362 189 € 3 936 233 € 3 970 258 € 3 354 463 € 2 320 663 € 2 241 082 €
Net income -93 532 € -286 € 111 720 € 191 655 € 254 635 € 214 903 € 100 686 € 17 843 € 12 933 €
EBITDA -72 880 € 5 488 € 235 442 € 470 613 € 442 466 € 409 933 € 213 129 € 75 705 € 52 519 €
Net margin -2.3% -0.0% 1.9% 3.6% 6.5% 5.4% 3.0% 0.8% 0.6%

Revenue and income statement

In 2024, PRO ARMATURE LANGUEDOC achieves revenue of 4.1 M€. Revenue is growing positively over 9 years (CAGR: +0.8%). Significant drop of -20% vs 2023. After deducting consumption (2.3 M€), gross margin stands at 1.8 M€, i.e. a rate of 43%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -73 k€, representing -1.8% of revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -94 k€ (-2.3% of revenue), which will impact equity.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

4 056 992 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

1 761 420 €

EBITDA (2024) ?
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

-72 880 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-161 173 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-93 532 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-1.8%

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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 28%. This ratio is slightly less favorable than the sector median (19.0%). Financial autonomy (= Equity / Total assets x 100) reaches 52%. This ratio is slightly less favorable than the sector median (53.5%).

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

28.09%

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

52.04%

Cash flow / Revenue (2024) ?
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

-2.23%

Repayment capacity (2024) ?
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

-2.62

Asset age ratio (2024) ?
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

27.2%

Solvency indicators evolution
PRO ARMATURE LANGUEDOC

Sector positioning

Debt ratio
28.09% 2024
Q1: 2.4%
Med: 19.03%
Q3: 53.58%
Average +14 pts over 3 years

In 2024, the debt ratio of PRO ARMATURE LANGUEDOC (28.1%) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
52.04% 2024
Q1: 34.7%
Med: 53.51%
Q3: 66.51%
Average -6 pts over 3 years

In 2024, the financial autonomy of PRO ARMATURE LANGUEDOC (52.0%) 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
1.61 years 2022
Q1: 0.06 years
Med: 1.34 years
Q3: 3.27 years
Average

In 2022, the repayment capacity of PRO ARMATURE LANGUEDOC (1.61) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 2.44. This ratio is more favorable than the sector median (2.3).

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

2.44

Interest coverage (2024) ?
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

-11.63

Liquidity indicators evolution
PRO ARMATURE LANGUEDOC

Sector positioning

Liquidity ratio
2.44 2024
Q1: 1.55
Med: 2.27
Q3: 3.49
Good

In 2024, the liquidity ratio of PRO ARMATURE LANGUEDOC (2.44) 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
-11.63x 2024
Q1: -7.49x
Med: 0.27x
Q3: 9.32x
Watch -29 pts over 3 years

In 2024, the interest coverage of PRO ARMATURE LANGUEDOC (-11.6x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

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: 30 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 18 days. The company must finance 12 days of gap between collections and payments. Inventory turnover is 32 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 83 days of revenue, i.e. 940 k€ to permanently finance.

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

940 208 €

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

30 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

18 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

32 j

WCR in days of revenue (2024) ?
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

83 j

WCR and payment terms evolution
PRO ARMATURE LANGUEDOC

Positioning of PRO ARMATURE LANGUEDOC in its sector

Comparison with sector Fabrication d'articles en fils métalliques, de chaînes et de ressorts

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (41 transactions). This range of 575 448€ to 1 367 435€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
575k€ 892k€ 1367k€
892 676 € Range: 575 448€ - 1 367 435€
NAF 4 all-time Aggregated at NAF sub-class level
How is this estimate calculated?

This estimate is based on the analysis of 41 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 (Fabrication d'articles en fils métalliques, de chaînes et de ressorts)

Compare PRO ARMATURE LANGUEDOC with other companies in the same sector:

Top companies in Fabrication d'articles en fils métalliques, de chaînes et de ressorts

Largest companies by revenue in the sector Fabrication d'articles en fils métalliques, de chaînes et de ressorts:

Top companies in Aude

Largest companies by revenue in the department Aude:

Frequently asked questions about PRO ARMATURE LANGUEDOC

What is the revenue of PRO ARMATURE LANGUEDOC ?

The revenue of PRO ARMATURE LANGUEDOC in 2024 is 4.1 M€.

Is PRO ARMATURE LANGUEDOC profitable?

PRO ARMATURE LANGUEDOC recorded a net loss in 2024.

Where is the headquarters of PRO ARMATURE LANGUEDOC ?

The headquarters of PRO ARMATURE LANGUEDOC is located in CASTELNAUDARY (11400), in the department Aude.

Where to find the tax return of PRO ARMATURE LANGUEDOC ?

The tax return of PRO ARMATURE LANGUEDOC 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 PRO ARMATURE LANGUEDOC operate?

PRO ARMATURE LANGUEDOC operates in the sector Fabrication d'articles en fils métalliques, de chaînes et de ressorts (NAF code 25.93Z). See the 'Sector positioning' section above to compare the company with its competitors.