SIREN : 547250977
SERALU is a French company founded 54 years ago, specialized in the sector Fabrication de structures métalliques et de parties de structures. Based in MOUCHAMPS (85640), this company of category PME shows in 2017 a revenue of 18.4 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-04-11
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2017 | 2015 | 2014 |
|---|---|---|---|
| Revenue | 18 367 388 € | 17 321 913 € | 17 481 136 € |
| Net income | 161 942 € | 237 142 € | 268 726 € |
| EBITDA | 211 169 € | 599 171 € | 26 466 € |
| Net margin | 0.9% | 1.4% | 1.5% |
In 2017, SERALU achieves revenue of 18.4 M€. Revenue is growing positively over 3 years (CAGR: +1.7%). Vs 2015: +6%. After deducting consumption (8.5 M€), gross margin stands at 9.8 M€, i.e. a rate of 54%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 211 k€, representing 1.1% of revenue. Warning negative scissor effect: despite revenue change (+6%), EBITDA varies by -65%, reducing margin by 2.3 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 162 k€, i.e. 0.9% of revenue. This profit can be retained or distributed to shareholders.
18 367 388 €
9 836 779 €
211 169 €
208 453 €
161 942 €
1.1%
The debt ratio (= Financial debt / Equity x 100) stands at 99%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 9%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 20.9 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 0.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
99.287%
9.419%
0.446%
20.864
30.4%
In 2017, the debt ratio of SERALU (99.29) 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 2017, the financial autonomy of SERALU (9.4%) 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.
In 2017, the repayment capacity of SERALU (20.86) 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 116.22. 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 49.7x. Operating income very largely covers interest expenses: high safety margin.
116.22
49.682
In 2017, the liquidity ratio of SERALU (116.22) 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.
In 2017, the interest coverage of SERALU (49.7x) 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: 39 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 54 days. Favorable situation: supplier credit is longer than customer credit by 15 days. Inventory turnover is 123 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. WCR is negative (-24 days): operations structurally generate cash. Notable WCR improvement over the period (-176%), freeing up cash.
-1 225 472 €
39 j
54 j
123 j
-24 j
Based on 56 transactions of similar company sales
(all years),
the value of SERALU is estimated at
880 830 €
(range 489 599€ - 1 380 263€).
With an EBITDA of 211 169€, the sector multiple of 1.0x is applied.
The price/revenue ratio is 0.13x
(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.
Medium reliability: estimate to be confirmed with in-depth analysis.
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This estimate is based on the analysis of 56 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 SERALU with other companies in the same sector:
The revenue of SERALU in 2017 is 18.4 M€.
Yes, SERALU generated a net profit of 162 k€ in 2017.
The headquarters of SERALU is located in MOUCHAMPS (85640), in the department Vendee.
The tax return of SERALU 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).
SERALU operates in the sector Fabrication de structures métalliques et de parties de structures (NAF code 25.11Z). See the 'Sector positioning' section above to compare the company with its competitors.