SARL THERM SANIT EQUIPEMENT HYDRAULIQUE : revenue, balance sheet and financial ratios

SARL THERM SANIT EQUIPEMENT HYDRAULIQUE is a French company founded 25 years ago, specialized in the sector Travaux d'installation d'équipements thermiques et de climatisation. Based in SILLINGY (74330), this company of category PME shows in 2025 a revenue of 15.5 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 - SARL THERM SANIT EQUIPEMENT HYDRAULIQUE (SIREN 433281318)
Indicator 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 15 466 410 € 13 284 403 € 13 225 306 € 14 602 920 € 13 064 654 € 12 162 549 € 12 568 512 € 10 472 934 € 9 315 860 € 7 473 196 €
Net income 171 701 € 94 711 € 345 415 € 382 465 € 223 395 € 240 719 € 147 560 € 270 655 € 103 362 € 106 028 €
EBITDA 286 970 € 319 054 € 486 863 € 522 938 € 309 551 € 309 401 € 76 658 € 330 787 € 44 935 € 97 444 €
Net margin 1.1% 0.7% 2.6% 2.6% 1.7% 2.0% 1.2% 2.6% 1.1% 1.4%

Revenue and income statement

In 2025, SARL THERM SANIT EQUIPEMENT HYDRAULIQUE achieves revenue of 15.5 M€. Over the period 2016-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +8.4%. Vs 2024, growth of +16% (13.3 M€ -> 15.5 M€). After deducting consumption (5.5 M€), gross margin stands at 10.0 M€, i.e. a rate of 65%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 287 k€, representing 1.9% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 172 k€, i.e. 1.1% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2025) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

15 466 410 €

Gross margin (2025) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

9 981 201 €

EBITDA (2025) ?
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

286 970 €

EBIT (2025) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

331 294 €

Net income (2025) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

171 701 €

EBITDA margin (2025) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

1.9%

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Chart evolution

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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 79%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 28%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 12.3 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 0.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2025) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

78.567%

Financial autonomy (2025) ?
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

28.282%

Cash flow / Revenue (2025) ?
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

0.834%

Repayment capacity (2025) ?
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

12.298

Asset age ratio (2025) ?
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

46.5%

Solvency indicators evolution
SARL THERM SANIT EQUIPEMENT HYDRAULIQUE

Sector positioning

Debt ratio
78.57 2025
2023
2024
2025
Q1: 2.81
Med: 13.61
Q3: 36.09
Watch

In 2025, the debt ratio of SARL THERM SANIT EQUIPEME... (78.57) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
28.28% 2025
2023
2024
2025
Q1: 26.38%
Med: 47.22%
Q3: 63.03%
Average -12 pts over 3 years

In 2025, the financial autonomy of SARL THERM SANIT EQUIPEME... (28.3%) 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
12.3 years 2025
2023
2024
2025
Q1: 0.0 years
Med: 0.27 years
Q3: 1.27 years
Watch +5 pts over 3 years

In 2025, the repayment capacity of SARL THERM SANIT EQUIPEME... (12.30) 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 185.56. 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 31.1x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2025) ?
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

185.557

Interest coverage (2025) ?
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

31.124

Liquidity indicators evolution
SARL THERM SANIT EQUIPEMENT HYDRAULIQUE

Sector positioning

Liquidity ratio
185.56 2025
2023
2024
2025
Q1: 162.61
Med: 224.39
Q3: 319.79
Average -16 pts over 3 years

In 2025, the liquidity ratio of SARL THERM SANIT EQUIPEME... (185.56) 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
31.12x 2025
2023
2024
2025
Q1: 0.0x
Med: 0.7x
Q3: 3.51x
Excellent

In 2025, the interest coverage of SARL THERM SANIT EQUIPEME... (31.1x) 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: 82 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 70 days. The company must finance 12 days of gap between collections and payments. Inventory turnover is 33 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 96 days of revenue, i.e. 4.1 M€ to permanently finance. Over 2016-2025, WCR increased by +114%, requiring additional financing.

Operating WCR (2025) ?
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

4 124 428 €

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

82 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

70 j

Inventory turnover (2025) ?
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

33 j

WCR in days of revenue (2025) ?
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

96 j

WCR and payment terms evolution
SARL THERM SANIT EQUIPEMENT HYDRAULIQUE

Positioning of SARL THERM SANIT EQUIPEMENT HYDRAULIQUE in its sector

Comparison with sector Travaux d'installation d'équipements thermiques et de climatisation

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (38 transactions). This range of 1 411 724€ to 2 317 082€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2025
Indicative
1411k€ 2255k€ 2317k€
2 255 569 € Range: 1 411 724€ - 2 317 082€
NAF 5 année 2025

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 38 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 d'équipements thermiques et de climatisation)

Compare SARL THERM SANIT EQUIPEMENT HYDRAULIQUE with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux d'installation d'équipements thermiques et de climatisation

Frequently asked questions about SARL THERM SANIT EQUIPEMENT HYDRAULIQUE

What is the revenue of SARL THERM SANIT EQUIPEMENT HYDRAULIQUE ?

The revenue of SARL THERM SANIT EQUIPEMENT HYDRAULIQUE in 2025 is 15.5 M€.

Is SARL THERM SANIT EQUIPEMENT HYDRAULIQUE profitable?

Yes, SARL THERM SANIT EQUIPEMENT HYDRAULIQUE generated a net profit of 172 k€ in 2025.

Where is the headquarters of SARL THERM SANIT EQUIPEMENT HYDRAULIQUE ?

The headquarters of SARL THERM SANIT EQUIPEMENT HYDRAULIQUE is located in SILLINGY (74330), in the department Haute-Savoie.

Where to find the tax return of SARL THERM SANIT EQUIPEMENT HYDRAULIQUE ?

The tax return of SARL THERM SANIT EQUIPEMENT HYDRAULIQUE 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 SARL THERM SANIT EQUIPEMENT HYDRAULIQUE operate?

SARL THERM SANIT EQUIPEMENT HYDRAULIQUE operates in the sector Travaux d'installation d'équipements thermiques et de climatisation (NAF code 43.22B). See the 'Sector positioning' section above to compare the company with its competitors.