SATYS SEALING & PAINTING GROUP : revenue, balance sheet and financial ratios

SATYS SEALING & PAINTING GROUP is a French company founded 39 years ago, specialized in the sector Activités des sièges sociaux. Based in BLAGNAC (31700), this company of category ETI shows in 2024 a revenue of 9.0 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

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

Financial history - SATYS SEALING & PAINTING GROUP (SIREN 337805451)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 8 995 633 € 5 628 960 € 15 308 550 € 12 265 530 € 15 143 934 € 16 561 152 € 17 365 396 € 15 062 858 € 10 790 759 €
Net income 6 394 163 € 5 360 527 € -2 170 189 € 2 428 611 € 5 403 453 € 2 517 451 € 4 834 704 € 7 287 383 € 7 641 586 €
EBITDA -873 473 € -331 953 € -1 973 833 € -730 978 € -1 477 213 € -2 338 875 € -1 165 336 € -2 567 569 € -1 258 246 €
Net margin 71.1% 95.2% -14.2% 19.8% 35.7% 15.2% 27.8% 48.4% 70.8%

Revenue and income statement

In 2024, SATYS SEALING & PAINTING GROUP achieves revenue of 9.0 M€. Activity remains stable over the period (CAGR: -2.2%). Vs 2023, growth of +60% (5.6 M€ -> 9.0 M€). After deducting consumption (0 €), gross margin stands at 9.0 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -873 k€, representing -9.7% of revenue. Warning negative scissor effect: despite revenue change (+60%), EBITDA varies by -163%, reducing margin by 3.8 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 6.4 M€, i.e. 71.1% 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

8 995 633 €

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

8 995 633 €

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

-873 473 €

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

-763 728 €

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

6 394 163 €

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

-9.7%

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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 109%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 36%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 7.0 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 59.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

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

108.792%

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

35.563%

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

59.867%

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

7.013

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

84.5%

Solvency indicators evolution
SATYS SEALING & PAINTING GROUP

Sector positioning

Debt ratio
108.79 2024
2022
2023
2024
Q1: 0.06
Med: 14.6
Q3: 89.53
Average +15 pts over 3 years

In 2024, the debt ratio of SATYS SEALING & PAINTING ... (108.79) 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
35.56% 2024
2022
2023
2024
Q1: 11.56%
Med: 51.97%
Q3: 85.23%
Average -12 pts over 3 years

In 2024, the financial autonomy of SATYS SEALING & PAINTING ... (35.6%) 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
7.01 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.2 years
Q3: 3.73 years
Average

In 2024, the repayment capacity of SATYS SEALING & PAINTING ... (7.01) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 327.96. 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

327.959

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

-377.194

Liquidity indicators evolution
SATYS SEALING & PAINTING GROUP

Sector positioning

Liquidity ratio
327.96 2024
2022
2023
2024
Q1: 116.68
Med: 458.4
Q3: 2174.13
Average -15 pts over 3 years

In 2024, the liquidity ratio of SATYS SEALING & PAINTING ... (327.96) 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
-377.19x 2024
2022
2023
2024
Q1: -45.52x
Med: 0.0x
Q3: 2.86x
Average

In 2024, the interest coverage of SATYS SEALING & PAINTING ... (-377.2x) 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: 238 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 258 days. Favorable situation: supplier credit is longer than customer credit by 20 days. Overall, WCR represents 1598 days of revenue, i.e. 39.9 M€ to permanently finance. Over 2016-2024, WCR increased by +288%, 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

39 920 460 €

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

238 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

258 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

0 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

1598 j

WCR and payment terms evolution
SATYS SEALING & PAINTING GROUP

Positioning of SATYS SEALING & PAINTING GROUP in its sector

Comparison with sector Activités des sièges sociaux

Valuation estimate

Based on 103 transactions of similar company sales in 2024, the value of SATYS SEALING & PAINTING GROUP is estimated at 26 356 222 € (range 9 321 375€ - 69 597 308€). The price/revenue ratio is 0.38x (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.

Estimated enterprise value 2024
103 transactions
9321k€ 26356k€ 69597k€
26 356 222 € Range: 9 321 375€ - 69 597 308€
NAF 5 année 2024

Valuation detail by method

Ajustez les pondérations selon votre analyse

Revenue Multiple 30%
8 995 633 € × 0.38x
Estimation 3 396 913 €
1 619 070€ - 6 860 590€
Net Income Multiple 20%
6 394 163 € × 9.5x
Estimation 60 795 185 €
20 874 834€ - 163 702 386€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 103 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 (Activités des sièges sociaux)

Compare SATYS SEALING & PAINTING GROUP with other companies in the same sector:

Voir toutes les statistiques du secteur Activités des sièges sociaux

Frequently asked questions about SATYS SEALING & PAINTING GROUP

What is the revenue of SATYS SEALING & PAINTING GROUP ?

The revenue of SATYS SEALING & PAINTING GROUP in 2024 is 9.0 M€.

Is SATYS SEALING & PAINTING GROUP profitable?

Yes, SATYS SEALING & PAINTING GROUP generated a net profit of 6.4 M€ in 2024.

Where is the headquarters of SATYS SEALING & PAINTING GROUP ?

The headquarters of SATYS SEALING & PAINTING GROUP is located in BLAGNAC (31700), in the department Haute-Garonne.

Where to find the tax return of SATYS SEALING & PAINTING GROUP ?

The tax return of SATYS SEALING & PAINTING GROUP 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 SATYS SEALING & PAINTING GROUP operate?

SATYS SEALING & PAINTING GROUP operates in the sector Activités des sièges sociaux (NAF code 70.10Z). See the 'Sector positioning' section above to compare the company with its competitors.