SECHE ASSAINISSEMENT 34 : revenue, balance sheet and financial ratios

SECHE ASSAINISSEMENT 34 is a French company founded 33 years ago, specialized in the sector Désinfection, désinsectisation, dératisation. Based in BEZIERS (34500), this company of category ETI shows in 2024 a revenue of 4.3 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 - SECHE ASSAINISSEMENT 34 (SIREN 389566951)
Indicator 2024 2023 2022 2022 2021 2020 2019 2018 2017 2016
Revenue 4 255 744 € 4 335 504 € 4 172 482 € 2 029 470 € 3 956 144 € 3 492 089 € 3 895 982 € 3 533 609 € 3 409 629 € 3 522 572 €
Net income -450 452 € -209 315 € 332 852 € 73 045 € 255 536 € 151 704 € 172 581 € 155 035 € 182 765 € 207 786 €
EBITDA -86 399 € 65 142 € 596 573 € 185 078 € 464 530 € 388 270 € 440 691 € 362 143 € 365 051 € 458 677 €
Net margin -10.6% -4.8% 8.0% 3.6% 6.5% 4.3% 4.4% 4.4% 5.4% 5.9%

Revenue and income statement

In 2024, SECHE ASSAINISSEMENT 34 achieves revenue of 4.3 M€. Revenue is growing positively over 10 years (CAGR: +2.4%). Slight decline of -2% vs 2023. After deducting consumption (300 k€), gross margin stands at 4.0 M€, i.e. a rate of 93%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -86 k€, representing -2.0% of revenue. Warning negative scissor effect: despite revenue change (-2%), EBITDA varies by -233%, reducing margin by 3.5 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -450 k€ (-10.6% of revenue), which will impact equity.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

4 255 744 €

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

3 955 313 €

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

-86 399 €

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

-395 353 €

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

-450 452 €

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

-2.0%

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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 75%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 18%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

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

74.859%

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

18.48%

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

-2.314%

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

-2.739

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

18.0%

Solvency indicators evolution
SECHE ASSAINISSEMENT 34

Sector positioning

Debt ratio
74.86 2024
2022
2023
2024
Q1: 0.01
Med: 11.78
Q3: 49.41
Watch +17 pts over 3 years

In 2024, the debt ratio of SECHE ASSAINISSEMENT 34 (74.86) 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
18.48% 2024
2022
2023
2024
Q1: 12.65%
Med: 37.42%
Q3: 58.22%
Average -37 pts over 3 years

In 2024, the financial autonomy of SECHE ASSAINISSEMENT 34 (18.5%) 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
-2.74 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.04 years
Q3: 0.98 years
Excellent -38 pts over 3 years

In 2024, the repayment capacity of SECHE ASSAINISSEMENT 34 (-2.74) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 100.20. 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

100.196

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

-10.265

Liquidity indicators evolution
SECHE ASSAINISSEMENT 34

Sector positioning

Liquidity ratio
100.2 2024
2022
2023
2024
Q1: 149.18
Med: 236.79
Q3: 370.17
Watch -35 pts over 3 years

In 2024, the liquidity ratio of SECHE ASSAINISSEMENT 34 (100.20) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
-10.27x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 2.02x
Watch -35 pts over 3 years

In 2024, the interest coverage of SECHE ASSAINISSEMENT 34 (-10.3x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

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: 72 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 82 days. Favorable situation: supplier credit is longer than customer credit by 10 days. Inventory turnover is 2 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 51 days of revenue, i.e. 607 k€ to permanently finance. Over 2016-2024, WCR increased by +25%, 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

607 210 €

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

72 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

82 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

2 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

51 j

WCR and payment terms evolution
SECHE ASSAINISSEMENT 34

Positioning of SECHE ASSAINISSEMENT 34 in its sector

Comparison with sector Désinfection, désinsectisation, dératisation

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (37 transactions). This range of 565 799€ to 1 505 713€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
565k€ 751k€ 1505k€
751 250 € Range: 565 799€ - 1 505 713€
NAF 5 all-time

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 37 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 (Désinfection, désinsectisation, dératisation)

Compare SECHE ASSAINISSEMENT 34 with other companies in the same sector:

Voir toutes les statistiques du secteur Désinfection, désinsectisation, dératisation

Frequently asked questions about SECHE ASSAINISSEMENT 34

What is the revenue of SECHE ASSAINISSEMENT 34 ?

The revenue of SECHE ASSAINISSEMENT 34 in 2024 is 4.3 M€.

Is SECHE ASSAINISSEMENT 34 profitable?

SECHE ASSAINISSEMENT 34 recorded a net loss in 2024.

Where is the headquarters of SECHE ASSAINISSEMENT 34 ?

The headquarters of SECHE ASSAINISSEMENT 34 is located in BEZIERS (34500), in the department Herault.

Where to find the tax return of SECHE ASSAINISSEMENT 34 ?

The tax return of SECHE ASSAINISSEMENT 34 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 SECHE ASSAINISSEMENT 34 operate?

SECHE ASSAINISSEMENT 34 operates in the sector Désinfection, désinsectisation, dératisation (NAF code 81.29A). See the 'Sector positioning' section above to compare the company with its competitors.