SCES THERMIQUES APPLIQUES TRAITEMENT EAU : revenue, balance sheet and financial ratios

SCES THERMIQUES APPLIQUES TRAITEMENT EAU is a French company founded 51 years ago, specialized in the sector Travaux d'installation d'équipements thermiques et de climatisation. Based in FEUCHEROLLES (78810), this company of category PME shows in 2024 a revenue of 4.5 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 - SCES THERMIQUES APPLIQUES TRAITEMENT EAU (SIREN 303458962)
Indicator 2025 2024 2023 2022 2021 2020 2019 2018 2017
Revenue N/C 4 489 127 € 4 272 943 € 3 379 654 € 3 174 480 € 3 039 596 € 3 176 863 € 3 635 358 € 3 154 076 €
Net income 434 974 € 339 966 € 262 466 € 181 287 € 166 143 € 96 883 € 136 438 € 195 277 € 141 054 €
EBITDA N/C 554 200 € 426 446 € 286 994 € 287 681 € 197 777 € 221 745 € 300 956 € 189 726 €
Net margin N/C 7.6% 6.1% 5.4% 5.2% 3.2% 4.3% 5.4% 4.5%

Revenue and income statement

In 2025, SCES THERMIQUES APPLIQUES TRAITEMENT EAU generates positive net income of 435 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2017-2025: 141 k€ -> 435 k€.

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

434 974 €

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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 65%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 22%. The balance between equity and debt is satisfactory.

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

64.758%

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

22.012%

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

48.2%

Solvency indicators evolution
SCES THERMIQUES APPLIQUES TRAITEMENT EAU

Sector positioning

Debt ratio
64.76 2025
2023
2024
2025
Q1: 2.81
Med: 13.71
Q3: 36.17
Watch

In 2025, the debt ratio of SCES THERMIQUES APPLIQUES... (64.76) 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
22.01% 2025
2023
2024
2025
Q1: 26.37%
Med: 47.22%
Q3: 63.03%
Watch -25 pts over 3 years

In 2025, the financial autonomy of SCES THERMIQUES APPLIQUES... (22.0%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.

Repayment capacity
1.34 years 2024
2023
2024
Q1: 0.0 years
Med: 0.09 years
Q3: 1.04 years
Average

In 2024, the repayment capacity of SCES THERMIQUES APPLIQUES... (1.34) 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 186.29. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

186.292

Liquidity indicators evolution
SCES THERMIQUES APPLIQUES TRAITEMENT EAU

Sector positioning

Liquidity ratio
186.29 2025
2023
2024
2025
Q1: 162.61
Med: 224.39
Q3: 319.79
Average -29 pts over 3 years

In 2025, the liquidity ratio of SCES THERMIQUES APPLIQUES... (186.29) 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
1.6x 2024
2023
2024
Q1: 0.0x
Med: 0.09x
Q3: 2.3x
Good -7 pts over 2 years

In 2024, the interest coverage of SCES THERMIQUES APPLIQUES... (1.6x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

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 (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

0 €

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

0 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

0 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

0 j

WCR and payment terms evolution
SCES THERMIQUES APPLIQUES TRAITEMENT EAU

Positioning of SCES THERMIQUES APPLIQUES TRAITEMENT EAU 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 133 958€ to 1 258 945€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2025
Indicative
133k€ 879k€ 1258k€
879 428 € Range: 133 958€ - 1 258 945€
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 SCES THERMIQUES APPLIQUES TRAITEMENT EAU with other companies in the same sector:

Frequently asked questions about SCES THERMIQUES APPLIQUES TRAITEMENT EAU

What is the revenue of SCES THERMIQUES APPLIQUES TRAITEMENT EAU ?

The revenue of SCES THERMIQUES APPLIQUES TRAITEMENT EAU in 2024 is 4.5 M€.

Is SCES THERMIQUES APPLIQUES TRAITEMENT EAU profitable?

Yes, SCES THERMIQUES APPLIQUES TRAITEMENT EAU generated a net profit of 435 k€ in 2025.

Where is the headquarters of SCES THERMIQUES APPLIQUES TRAITEMENT EAU ?

The headquarters of SCES THERMIQUES APPLIQUES TRAITEMENT EAU is located in FEUCHEROLLES (78810), in the department Yvelines.

Where to find the tax return of SCES THERMIQUES APPLIQUES TRAITEMENT EAU ?

The tax return of SCES THERMIQUES APPLIQUES TRAITEMENT EAU 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 SCES THERMIQUES APPLIQUES TRAITEMENT EAU operate?

SCES THERMIQUES APPLIQUES TRAITEMENT EAU 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.