PROVELEC SUD : revenue, balance sheet and financial ratios

PROVELEC SUD is a French company founded 40 years ago, specialized in the sector Construction de réseaux électriques et de télécommunications. Based in SIX-FOURS-LES-PLAGES (83140), this company of category GE shows in 2024 a revenue of 11.3 M€. 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

Financial history - PROVELEC SUD (SIREN 334182888)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 11 299 377 € 10 938 251 € 10 510 237 € 11 263 419 € 10 113 688 € 10 647 683 € 9 724 483 € 9 778 406 € 8 361 514 €
Net income 1 073 962 € 926 128 € 1 003 280 € 597 549 € 795 812 € 546 065 € 698 958 € 623 873 € 466 009 €
EBITDA 1 686 379 € 1 133 132 € 1 278 741 € 1 701 928 € 1 348 387 € 1 466 951 € 784 273 € 942 975 € 923 455 €
Net margin 9.5% 8.5% 9.5% 5.3% 7.9% 5.1% 7.2% 6.4% 5.6%

Revenue and income statement

In 2024, PROVELEC SUD achieves revenue of 11.3 M€. Revenue is growing positively over 9 years (CAGR: +3.8%). Vs 2023: +3%. After deducting consumption (22 k€), gross margin stands at 11.3 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.7 M€, representing 14.9% of revenue. Positive scissor effect: EBITDA margin improves by +4.6 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.1 M€, i.e. 9.5% of revenue. This profit can be retained or distributed to shareholders.

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

11 299 377 €

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

11 277 042 €

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

1 686 379 €

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

1 412 673 €

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

1 073 962 €

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

14.9%

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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 19%. 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 13%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 11.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

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

18.732%

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

13.137%

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

11.42%

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

0.204

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

16.0%

Solvency indicators evolution
PROVELEC SUD

Sector positioning

Debt ratio
18.73 2024
2022
2023
2024
Q1: 0.01
Med: 10.59
Q3: 57.34
Average +29 pts over 3 years

In 2024, the debt ratio of PROVELEC SUD (18.73) 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
13.14% 2024
2022
2023
2024
Q1: 9.37%
Med: 24.02%
Q3: 46.92%
Average -8 pts over 3 years

In 2024, the financial autonomy of PROVELEC SUD (13.1%) 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
0.2 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.02 years
Q3: 1.19 years
Average +29 pts over 3 years

In 2024, the repayment capacity of PROVELEC SUD (0.20) 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 390.75. 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

390.746

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

0.0

Liquidity indicators evolution
PROVELEC SUD

Sector positioning

Liquidity ratio
390.75 2024
2022
2023
2024
Q1: 144.08
Med: 203.1
Q3: 276.81
Excellent

In 2024, the liquidity ratio of PROVELEC SUD (390.75) 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 2024
2022
2023
2024
Q1: 0.0x
Med: 0.16x
Q3: 4.32x
Average

In 2024, the interest coverage of PROVELEC SUD (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: 121 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 33 days. The gap of 88 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. WCR is negative (-71 days): operations structurally generate cash. Notable WCR improvement over the period (-5737%), freeing up cash.

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

-2 235 243 €

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

121 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

33 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 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

-71 j

WCR and payment terms evolution
PROVELEC SUD

Positioning of PROVELEC SUD in its sector

Comparison with sector Construction de réseaux électriques et de télécommunications

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (37 transactions). This range of 309 700€ to 963 341€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
309k€ 703k€ 963k€
703 388 € Range: 309 700€ - 963 341€
NAF 5 all-time
How is this estimate calculated?

This estimate is based on the analysis of 37 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 réseaux électriques et de télécommunications)

Compare PROVELEC SUD with other companies in the same sector:

Voir toutes les statistiques du secteur Construction de réseaux électriques et de télécommunications

Frequently asked questions about PROVELEC SUD

What is the revenue of PROVELEC SUD ?

The revenue of PROVELEC SUD in 2024 is 11.3 M€.

Is PROVELEC SUD profitable?

Yes, PROVELEC SUD generated a net profit of 1.1 M€ in 2024.

Where is the headquarters of PROVELEC SUD ?

The headquarters of PROVELEC SUD is located in SIX-FOURS-LES-PLAGES (83140), in the department Var.

Where to find the tax return of PROVELEC SUD ?

The tax return of PROVELEC SUD 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 PROVELEC SUD operate?

PROVELEC SUD operates in the sector Construction de réseaux électriques et de télécommunications (NAF code 42.22Z). See the 'Sector positioning' section above to compare the company with its competitors.