S T E C O - SOCIETE DE TRAVAUX D'ELECTRICITE ET DE CHAUFFAGE DE L'OUEST : revenue, balance sheet and financial ratios

S T E C O - SOCIETE DE TRAVAUX D'ELECTRICITE ET DE CHAUFFAGE DE L'OUEST is a French company founded 48 years ago, specialized in the sector Travaux d'installation électrique dans tous locaux. Based in NIORT (79000), this company of category PME shows in 2024 a revenue of 8.4 M€. 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 T E C O - SOCIETE DE TRAVAUX D'ELECTRICITE ET DE CHAUFFAGE DE L'OUEST (SIREN 311945687)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 8 444 753 € 9 302 800 € 9 060 167 € 8 124 773 € 6 474 439 € 7 180 729 € 6 890 644 € 6 366 050 € 4 953 199 €
Net income 159 179 € 150 129 € 419 025 € 329 210 € 171 164 € 478 778 € 551 974 € 338 636 € 311 145 €
EBITDA 203 099 € 201 696 € 657 238 € 413 989 € 247 349 € 597 572 € 402 571 € 381 018 € 405 046 €
Net margin 1.9% 1.6% 4.6% 4.1% 2.6% 6.7% 8.0% 5.3% 6.3%

Revenue and income statement

In 2024, S T E C O - SOCIETE DE TRAVAUX D'ELECTRICITE ET DE CHAUFFAGE DE L'OUEST achieves revenue of 8.4 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +6.9%. Slight decline of -9% vs 2023. After deducting consumption (3.6 M€), gross margin stands at 4.9 M€, i.e. a rate of 58%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 203 k€, representing 2.4% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 159 k€, i.e. 1.9% 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

8 444 753 €

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

4 870 466 €

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

203 099 €

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

39 256 €

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

159 179 €

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

2.4%

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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 27%. 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 55%. 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 3.9 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 3.5% 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

27.253%

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

54.849%

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

3.544%

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

3.918

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

47.0%

Solvency indicators evolution
S T E C O - SOCIETE DE TRAVAUX D'ELECTRICITE ET DE CHAUFFAGE DE L'OUEST

Sector positioning

Debt ratio
27.25 2024
2022
2023
2024
Q1: 0.41
Med: 12.02
Q3: 40.38
Average +8 pts over 3 years

In 2024, the debt ratio of S T E C O - SOCIETE DE TR... (27.25) 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
54.85% 2024
2022
2023
2024
Q1: 12.17%
Med: 36.78%
Q3: 58.23%
Good

In 2024, the financial autonomy of S T E C O - SOCIETE DE TR... (54.9%) 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.

Repayment capacity
3.92 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.02 years
Q3: 0.89 years
Watch

In 2024, the repayment capacity of S T E C O - SOCIETE DE TR... (3.92) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 273.41. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 27.7x. Operating income very largely covers interest expenses: high safety margin.

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

273.409

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

27.682

Liquidity indicators evolution
S T E C O - SOCIETE DE TRAVAUX D'ELECTRICITE ET DE CHAUFFAGE DE L'OUEST

Sector positioning

Liquidity ratio
273.41 2024
2022
2023
2024
Q1: 154.2
Med: 223.28
Q3: 341.41
Good -11 pts over 3 years

In 2024, the liquidity ratio of S T E C O - SOCIETE DE TR... (273.41) 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
27.68x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 2.01x
Excellent

In 2024, the interest coverage of S T E C O - SOCIETE DE TR... (27.7x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

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: 69 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 65 days. The company must finance 4 days of gap between collections and payments. Inventory turnover is 38 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 77 days of revenue, i.e. 1.8 M€ to permanently finance. Over 2016-2024, WCR increased by +110%, 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

1 801 181 €

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

69 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

65 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

38 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

77 j

WCR and payment terms evolution
S T E C O - SOCIETE DE TRAVAUX D'ELECTRICITE ET DE CHAUFFAGE DE L'OUEST

Positioning of S T E C O - SOCIETE DE TRAVAUX D'ELECTRICITE ET DE CHAUFFAGE DE L'OUEST in its sector

Comparison with sector Travaux d'installation électrique dans tous locaux

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (29 transactions). This range of 409 334€ to 1 239 788€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
409k€ 546k€ 1239k€
546 001 € Range: 409 334€ - 1 239 788€
NAF 5 année 2024

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 29 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'installation électrique dans tous locaux)

Compare S T E C O - SOCIETE DE TRAVAUX D'ELECTRICITE ET DE CHAUFFAGE DE L'OUEST with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux d'installation électrique dans tous locaux

Frequently asked questions about S T E C O - SOCIETE DE TRAVAUX D'ELECTRICITE ET DE CHAUFFAGE DE L'OUEST

What is the revenue of S T E C O - SOCIETE DE TRAVAUX D'ELECTRICITE ET DE CHAUFFAGE DE L'OUEST ?

The revenue of S T E C O - SOCIETE DE TRAVAUX D'ELECTRICITE ET DE CHAUFFAGE DE L'OUEST in 2024 is 8.4 M€.

Is S T E C O - SOCIETE DE TRAVAUX D'ELECTRICITE ET DE CHAUFFAGE DE L'OUEST profitable?

Yes, S T E C O - SOCIETE DE TRAVAUX D'ELECTRICITE ET DE CHAUFFAGE DE L'OUEST generated a net profit of 159 k€ in 2024.

Where is the headquarters of S T E C O - SOCIETE DE TRAVAUX D'ELECTRICITE ET DE CHAUFFAGE DE L'OUEST ?

The headquarters of S T E C O - SOCIETE DE TRAVAUX D'ELECTRICITE ET DE CHAUFFAGE DE L'OUEST is located in NIORT (79000), in the department Deux-Sevres.

Where to find the tax return of S T E C O - SOCIETE DE TRAVAUX D'ELECTRICITE ET DE CHAUFFAGE DE L'OUEST ?

The tax return of S T E C O - SOCIETE DE TRAVAUX D'ELECTRICITE ET DE CHAUFFAGE DE L'OUEST 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 T E C O - SOCIETE DE TRAVAUX D'ELECTRICITE ET DE CHAUFFAGE DE L'OUEST operate?

S T E C O - SOCIETE DE TRAVAUX D'ELECTRICITE ET DE CHAUFFAGE DE L'OUEST operates in the sector Travaux d'installation électrique dans tous locaux (NAF code 43.21A). See the 'Sector positioning' section above to compare the company with its competitors.