SIREN : 411997430
SAS LE CORVEC is a French company founded 29 years ago, specialized in the sector Nettoyage courant des bâtiments. Based in HENDAYE (64700), this company of category PME shows in 2023 a revenue of 29 k€. 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
| Indicator | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 29 029 € | 28 924 € | 52 745 € | 47 277 € | 23 816 € | 25 942 € | 18 783 € | 122 197 € |
| Net income | 1 521 € | 5 277 € | 16 021 € | 14 878 € | 4 154 € | 5 037 € | -1 975 € | 19 565 € |
| EBITDA | 4 985 € | 9 465 € | 22 005 € | 20 293 € | 5 266 € | 7 989 € | 497 € | 22 894 € |
| Net margin | 5.2% | 18.2% | 30.4% | 31.5% | 17.4% | 19.4% | -10.5% | 16.0% |
In 2023, SAS LE CORVEC achieves revenue of 29 k€. Revenue is declining over the period 2016-2023 (CAGR: -18.6%). Vs 2022: +0%. After deducting consumption (11 k€), gross margin stands at 18 k€, i.e. a rate of 62%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 5 k€, representing 17.2% of revenue. Warning negative scissor effect: despite revenue change (+0%), EBITDA varies by -47%, reducing margin by 15.6 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 2 k€, i.e. 5.2% of revenue. This profit can be retained or distributed to shareholders.
29 029 €
17 867 €
4 985 €
1 908 €
1 521 €
17.2%
The debt ratio (= Financial debt / Equity x 100) stands at 75%. Debt level is high: negotiating margin with banks is reduced. 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 19.8 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 15.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
75.21%
54.901%
15.485%
19.768
3.7%
In 2023, the debt ratio of SAS LE CORVEC (75.21) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2023, the financial autonomy of SAS LE CORVEC (54.9%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.
In 2023, the repayment capacity of SAS LE CORVEC (19.77) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 2608.73. 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 4.4x. Financial charges are adequately covered by operations.
2608.727
4.433
In 2023, the liquidity ratio of SAS LE CORVEC (2608.73) 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.
In 2023, the interest coverage of SAS LE CORVEC (4.4x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 22 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 96 days. Excellent situation: suppliers finance 74 days of the operating cycle (retail model). Inventory turnover is 19 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 52 days of revenue, i.e. 4 k€ to permanently finance. Notable WCR improvement over the period (-82%), freeing up cash.
4 175 €
22 j
96 j
19 j
52 j
Indicative estimate only : the number of comparable transactions in this sector is limited (27 transactions). This range of 3 158€ to 17 595€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 27 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare SAS LE CORVEC with other companies in the same sector:
Voir toutes les statistiques du secteur Nettoyage courant des bâtiments
The revenue of SAS LE CORVEC in 2023 is 29 k€.
Yes, SAS LE CORVEC generated a net profit of 2 k€ in 2023.
The headquarters of SAS LE CORVEC is located in HENDAYE (64700), in the department Pyrenees-Atlantiques.
The tax return of SAS LE CORVEC 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).
SAS LE CORVEC operates in the sector Nettoyage courant des bâtiments (NAF code 81.21Z). See the 'Sector positioning' section above to compare the company with its competitors.