SAS BERTRAND : revenue, balance sheet and financial ratios

SAS BERTRAND is a French company founded 54 years ago, specialized in the sector Collecte et traitement des eaux usées. Based in JOIGNY (89300), this company of category PME shows in 2021 a revenue of 1.8 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 - SAS BERTRAND (SIREN 507250223)
Indicator 2023 2022 2021 2020 2019 2018 2017
Revenue N/C N/C 1 802 959 € 1 831 835 € 2 063 445 € 2 319 495 € 1 939 893 €
Net income 83 031 € 110 525 € 101 608 € 29 530 € -113 043 € 25 632 € -72 234 €
EBITDA N/C N/C 143 451 € 19 765 € -77 831 € 103 376 € -424 710 €
Net margin N/C N/C 5.6% 1.6% -5.5% 1.1% -3.7%

Revenue and income statement

In 2023, SAS BERTRAND generates positive net income of 83 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax.

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

83 031 €

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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 119%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 29%. The balance between equity and debt is satisfactory.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

119.106%

Financial autonomy (2023) ?
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

28.624%

Asset age ratio (2023) ?
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

32.6%

Solvency indicators evolution
SAS BERTRAND

Sector positioning

Debt ratio
119.11 2023
2021
2022
2023
Q1: 0.91
Med: 21.68
Q3: 71.45
Average

In 2023, the debt ratio of SAS BERTRAND (119.11) 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
28.62% 2023
2021
2022
2023
Q1: 14.74%
Med: 38.39%
Q3: 57.65%
Average

In 2023, the financial autonomy of SAS BERTRAND (28.6%) 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
5.73 years 2021
2021
Q1: 0.0 years
Med: 0.37 years
Q3: 1.75 years
Watch

In 2021, the repayment capacity of SAS BERTRAND (5.73) 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 185.04. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2023) ?
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

185.041

Liquidity indicators evolution
SAS BERTRAND

Sector positioning

Liquidity ratio
185.04 2023
2021
2022
2023
Q1: 121.74
Med: 182.54
Q3: 283.37
Good -15 pts over 3 years

In 2023, the liquidity ratio of SAS BERTRAND (185.04) 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
6.51x 2021
2021
Q1: 0.0x
Med: 0.39x
Q3: 2.47x
Excellent

In 2021, the interest coverage of SAS BERTRAND (6.5x) 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.

Operating WCR (2023) ?
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

0 €

Customer credit (2023) ?
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

0 j

Supplier credit (2023) ?
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

0 j

Inventory turnover (2023) ?
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 and payment terms evolution
SAS BERTRAND

Positioning of SAS BERTRAND in its sector

Comparison with sector Collecte et traitement des eaux usées

Valuation estimate

Based on 84 transactions of similar company sales (all years), the value of SAS BERTRAND is estimated at 159 723 € (range 50 026€ - 857 493€). 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 2023
84 tx
50k€ 159k€ 857k€
159 723 € Range: 50 026€ - 857 493€
NAF 5 all-time

Valuation method used

Net Income Multiple
83 031 € × 1.9x = 159 723 €
Range: 50 026€ - 857 494€

Only this financial indicator is available for this company.

How is this estimate calculated?

This estimate is based on the analysis of 84 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 (Collecte et traitement des eaux usées)

Compare SAS BERTRAND with other companies in the same sector:

Voir toutes les statistiques du secteur Collecte et traitement des eaux usées

Frequently asked questions about SAS BERTRAND

What is the revenue of SAS BERTRAND ?

The revenue of SAS BERTRAND in 2021 is 1.8 M€.

Is SAS BERTRAND profitable?

Yes, SAS BERTRAND generated a net profit of 83 k€ in 2023.

Where is the headquarters of SAS BERTRAND ?

The headquarters of SAS BERTRAND is located in JOIGNY (89300), in the department Yonne.

Where to find the tax return of SAS BERTRAND ?

The tax return of SAS BERTRAND 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 SAS BERTRAND operate?

SAS BERTRAND operates in the sector Collecte et traitement des eaux usées (NAF code 37.00Z). See the 'Sector positioning' section above to compare the company with its competitors.