S & MA (SERRURERIE ET METALLERIE D'ART) : revenue, balance sheet and financial ratios

S & MA (SERRURERIE ET METALLERIE D'ART) is a French company founded 29 years ago, specialized in the sector Travaux de menuiserie métallique et serrurerie. Based in ESVRES (37320), this company of category PME shows in 2024 a revenue of 974 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

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

Financial history - S & MA (SERRURERIE ET METALLERIE D'ART) (SIREN 408714376)
Indicator 2024 2023 2022 2019 2018 2017 2016
Revenue 973 792 € 934 608 € 767 150 € N/C N/C 856 643 € 655 761 €
Net income 32 671 € -113 109 € -25 182 € 24 499 € 17 749 € 9 038 € 17 004 €
EBITDA -34 405 € -102 717 € 345 € N/C N/C 21 043 € 31 858 €
Net margin 3.4% -12.1% -3.3% N/C N/C 1.1% 2.6%

Revenue and income statement

In 2024, S & MA (SERRURERIE ET METALLERIE D'ART) achieves revenue of 974 k€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +5.1%. Vs 2023: +4%. After deducting consumption (236 k€), gross margin stands at 738 k€, i.e. a rate of 76%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -34 k€, representing -3.5% of revenue. Positive scissor effect: EBITDA margin improves by +7.5 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 33 k€, i.e. 3.4% 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

973 792 €

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

738 166 €

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

-34 405 €

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

-44 251 €

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

32 671 €

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

-3.5%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 5%. 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 58%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 4.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

4.627%

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

58.423%

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

4.381%

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

0.002

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

10.8%

Solvency indicators evolution
S & MA (SERRURERIE ET METALLERIE D'ART)

Sector positioning

Debt ratio
4.63 2024
2022
2023
2024
Q1: 3.86
Med: 18.7
Q3: 47.26
Good

In 2024, the debt ratio of S & MA (SERRURERIE ET MET... (4.63) 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
58.42% 2024
2022
2023
2024
Q1: 22.22%
Med: 43.8%
Q3: 59.91%
Good

In 2024, the financial autonomy of S & MA (SERRURERIE ET MET... (58.4%) 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.

Repayment capacity
0.0 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.34 years
Q3: 1.4 years
Good

In 2024, the repayment capacity of S & MA (SERRURERIE ET MET... (0.00) 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 213.82. 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

213.82

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

-1.314

Liquidity indicators evolution
S & MA (SERRURERIE ET METALLERIE D'ART)

Sector positioning

Liquidity ratio
213.82 2024
2022
2023
2024
Q1: 164.13
Med: 228.07
Q3: 326.05
Average -31 pts over 3 years

In 2024, the liquidity ratio of S & MA (SERRURERIE ET MET... (213.82) 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.

Interest coverage
-1.31x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.52x
Q3: 3.51x
Average -56 pts over 3 years

In 2024, the interest coverage of S & MA (SERRURERIE ET MET... (-1.3x) 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: 101 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 68 days. The gap of 33 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 37 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 177 days of revenue, i.e. 480 k€ to permanently finance. Over 2016-2024, WCR increased by +324%, requiring additional financing.

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

479 807 €

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

101 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

68 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

37 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

177 j

WCR and payment terms evolution
S & MA (SERRURERIE ET METALLERIE D'ART)

Positioning of S & MA (SERRURERIE ET METALLERIE D'ART) in its sector

Comparison with sector Travaux de menuiserie métallique et serrurerie

Valuation estimate

Based on 51 transactions of similar company sales in 2024, the value of S & MA (SERRURERIE ET METALLERIE D'ART) is estimated at 128 015 € (range 61 187€ - 200 013€). The price/revenue ratio is 0.14x (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.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2024
51 tx
61k€ 128k€ 200k€
128 015 € Range: 61 187€ - 200 013€
NAF 5 année 2024

Valuation detail by method

Ajustez les pondérations selon votre analyse

Revenue Multiple 30%
973 792 € × 0.14x
Estimation 139 376 €
72 719€ - 164 661€
Net Income Multiple 20%
32 671 € × 3.4x
Estimation 110 975 €
43 890€ - 253 041€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 51 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 de menuiserie métallique et serrurerie)

Compare S & MA (SERRURERIE ET METALLERIE D'ART) with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux de menuiserie métallique et serrurerie

Frequently asked questions about S & MA (SERRURERIE ET METALLERIE D'ART)

What is the revenue of S & MA (SERRURERIE ET METALLERIE D'ART) ?

The revenue of S & MA (SERRURERIE ET METALLERIE D'ART) in 2024 is 974 k€.

Is S & MA (SERRURERIE ET METALLERIE D'ART) profitable?

Yes, S & MA (SERRURERIE ET METALLERIE D'ART) generated a net profit of 33 k€ in 2024.

Where is the headquarters of S & MA (SERRURERIE ET METALLERIE D'ART) ?

The headquarters of S & MA (SERRURERIE ET METALLERIE D'ART) is located in ESVRES (37320), in the department Indre-et-Loire.

Where to find the tax return of S & MA (SERRURERIE ET METALLERIE D'ART) ?

The tax return of S & MA (SERRURERIE ET METALLERIE D'ART) 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 S & MA (SERRURERIE ET METALLERIE D'ART) operate?

S & MA (SERRURERIE ET METALLERIE D'ART) operates in the sector Travaux de menuiserie métallique et serrurerie (NAF code 43.32B). See the 'Sector positioning' section above to compare the company with its competitors.