SECVAL (SOCIETE D'ETANCHEITE ET DE COUVERTURE DE LA VALLEE DE LA LYS) : revenue, balance sheet and financial ratios

SECVAL (SOCIETE D'ETANCHEITE ET DE COUVERTURE DE LA VALLEE DE LA LYS) is a French company founded 17 years ago, specialized in the sector Travaux de couverture par éléments. Based in WERVICQ-SUD (59117), this company of category PME shows in 2023 a revenue of 12 k€. 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 - SECVAL (SOCIETE D'ETANCHEITE ET DE COUVERTURE DE LA VALLEE DE LA LYS) (SIREN 509991048)
Indicator 2024 2023 2021 2020 2019 2018 2017 2016
Revenue N/C 12 000 € 15 142 € 7 200 € 7 200 € 7 200 € 7 200 € 15 446 €
Net income -11 269 € 842 € -25 283 € 1 635 € 3 466 € 1 244 € -1 500 € 8 019 €
EBITDA -11 261 € 932 € 3 023 € 1 938 € 4 131 € 1 316 € 1 771 € 12 790 €
Net margin N/C 7.0% -167.0% 22.7% 48.1% 17.3% -20.8% 51.9%

Revenue and income statement

In 2024, SECVAL (SOCIETE D'ETANCHEITE ET DE COUVERTURE DE LA VALLEE DE LA LYS) records a net loss of 11 k€. This deficit will reduce equity on the balance sheet.

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

-11 261 €

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

-11 261 €

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

-11 269 €

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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 6%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 88%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

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

5.764%

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

87.934%

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

-0.041

Solvency indicators evolution
SECVAL (SOCIETE D'ETANCHEITE ET DE COUVERTURE DE LA VALLEE DE LA LYS)

Sector positioning

Debt ratio
5.76 2024
2021
2023
2024
Q1: 4.55
Med: 19.76
Q3: 51.32
Good

In 2024, the debt ratio of SECVAL (SOCIETE D'ETANCHE... (5.76) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
87.93% 2024
2021
2023
2024
Q1: 20.21%
Med: 41.48%
Q3: 58.46%
Excellent +17 pts over 3 years

In 2024, the financial autonomy of SECVAL (SOCIETE D'ETANCHE... (87.9%) 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.

Repayment capacity
-0.04 years 2024
2021
2023
2024
Q1: 0.0 years
Med: 0.33 years
Q3: 1.23 years
Excellent

In 2024, the repayment capacity of SECVAL (SOCIETE D'ETANCHE... (-0.04) 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 1429.13. 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

1429.134

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

-0.071

Liquidity indicators evolution
SECVAL (SOCIETE D'ETANCHEITE ET DE COUVERTURE DE LA VALLEE DE LA LYS)

Sector positioning

Liquidity ratio
1429.13 2024
2021
2023
2024
Q1: 152.81
Med: 217.71
Q3: 316.62
Excellent

In 2024, the liquidity ratio of SECVAL (SOCIETE D'ETANCHE... (1429.13) 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.

Interest coverage
-0.07x 2024
2021
2023
2024
Q1: 0.0x
Med: 0.51x
Q3: 2.62x
Average

In 2024, the interest coverage of SECVAL (SOCIETE D'ETANCHE... (-0.1x) 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: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 18 days. Favorable situation: supplier credit is longer than customer credit by 18 days.

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

0 €

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

0 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

18 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 and payment terms evolution
SECVAL (SOCIETE D'ETANCHEITE ET DE COUVERTURE DE LA VALLEE DE LA LYS)

Positioning of SECVAL (SOCIETE D'ETANCHEITE ET DE COUVERTURE DE LA VALLEE DE LA LYS) in its sector

Comparison with sector Travaux de couverture par éléments

Similar companies (Travaux de couverture par éléments)

Compare SECVAL (SOCIETE D'ETANCHEITE ET DE COUVERTURE DE LA VALLEE DE LA LYS) with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux de couverture par éléments

Frequently asked questions about SECVAL (SOCIETE D'ETANCHEITE ET DE COUVERTURE DE LA VALLEE DE LA LYS)

What is the revenue of SECVAL (SOCIETE D'ETANCHEITE ET DE COUVERTURE DE LA VALLEE DE LA LYS) ?

The revenue of SECVAL (SOCIETE D'ETANCHEITE ET DE COUVERTURE DE LA VALLEE DE LA LYS) in 2023 is 12 k€.

Is SECVAL (SOCIETE D'ETANCHEITE ET DE COUVERTURE DE LA VALLEE DE LA LYS) profitable?

SECVAL (SOCIETE D'ETANCHEITE ET DE COUVERTURE DE LA VALLEE DE LA LYS) recorded a net loss in 2024.

Where is the headquarters of SECVAL (SOCIETE D'ETANCHEITE ET DE COUVERTURE DE LA VALLEE DE LA LYS) ?

The headquarters of SECVAL (SOCIETE D'ETANCHEITE ET DE COUVERTURE DE LA VALLEE DE LA LYS) is located in WERVICQ-SUD (59117), in the department Nord.

Where to find the tax return of SECVAL (SOCIETE D'ETANCHEITE ET DE COUVERTURE DE LA VALLEE DE LA LYS) ?

The tax return of SECVAL (SOCIETE D'ETANCHEITE ET DE COUVERTURE DE LA VALLEE DE LA LYS) 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 SECVAL (SOCIETE D'ETANCHEITE ET DE COUVERTURE DE LA VALLEE DE LA LYS) operate?

SECVAL (SOCIETE D'ETANCHEITE ET DE COUVERTURE DE LA VALLEE DE LA LYS) operates in the sector Travaux de couverture par éléments (NAF code 43.91B). See the 'Sector positioning' section above to compare the company with its competitors.