SERCALY - LE SERVICE DES CANALISATIONS LYONNAISES : revenue, balance sheet and financial ratios

SERCALY - LE SERVICE DES CANALISATIONS LYONNAISES is a French company founded 9 years ago, specialized in the sector Collecte et traitement des eaux usées. Based in FLEURIEUX-SUR-L'ARBRESLE (69210), this company of category PME shows in 2022 a revenue of 149 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 - SERCALY - LE SERVICE DES CANALISATIONS LYONNAISES (SIREN 825161573)
Indicator 2022 2021 2020 2019 2018 2017
Revenue 148 893 € 140 539 € 159 893 € 168 151 € 145 021 € 119 108 €
Net income 4 133 € -2 673 € 8 246 € 17 608 € 22 177 € 9 776 €
EBITDA 4 906 € 7 308 € 20 065 € 29 420 € 35 087 € 17 638 €
Net margin 2.8% -1.9% 5.2% 10.5% 15.3% 8.2%

Revenue and income statement

In 2022, SERCALY - LE SERVICE DES CANALISATIONS LYONNAISES achieves revenue of 149 k€. Revenue is growing positively over 6 years (CAGR: +4.6%). Vs 2021: +6%. After deducting consumption (-1 k€), gross margin stands at 150 k€, i.e. a rate of 101%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 5 k€, representing 3.3% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 4 k€, i.e. 2.8% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2022) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

148 893 €

Gross margin (2022) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

150 032 €

EBITDA (2022) ?
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

4 906 €

EBIT (2022) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

3 185 €

Net income (2022) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

4 133 €

EBITDA margin (2022) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

3.3%

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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 29%. 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 59%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 3.1 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 3.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2022) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

28.915%

Financial autonomy (2022) ?
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

58.954%

Cash flow / Revenue (2022) ?
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

3.938%

Repayment capacity (2022) ?
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

3.093

Asset age ratio (2022) ?
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

12.8%

Solvency indicators evolution
SERCALY - LE SERVICE DES CANALISATIONS LYONNAISES

Sector positioning

Debt ratio
28.91 2022
2020
2021
2022
Q1: 1.47
Med: 26.76
Q3: 78.05
Average -6 pts over 3 years

In 2022, the debt ratio of SERCALY - LE SERVICE DES ... (28.91) 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
58.95% 2022
2020
2021
2022
Q1: 15.35%
Med: 38.19%
Q3: 56.83%
Excellent +12 pts over 3 years

In 2022, the financial autonomy of SERCALY - LE SERVICE DES ... (59.0%) 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
3.09 years 2022
2020
2021
2022
Q1: 0.0 years
Med: 0.27 years
Q3: 1.76 years
Watch +5 pts over 3 years

In 2022, the repayment capacity of SERCALY - LE SERVICE DES ... (3.09) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 389.45. 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 11.1x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2022) ?
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

389.451

Interest coverage (2022) ?
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

11.088

Liquidity indicators evolution
SERCALY - LE SERVICE DES CANALISATIONS LYONNAISES

Sector positioning

Liquidity ratio
389.45 2022
2020
2021
2022
Q1: 115.2
Med: 178.27
Q3: 276.98
Excellent

In 2022, the liquidity ratio of SERCALY - LE SERVICE DES ... (389.45) 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
11.09x 2022
2020
2021
2022
Q1: 0.0x
Med: 0.54x
Q3: 2.49x
Excellent +20 pts over 3 years

In 2022, the interest coverage of SERCALY - LE SERVICE DES ... (11.1x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 65 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 28 days. The gap of 37 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 3 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 54 days of revenue, i.e. 22 k€ to permanently finance. Over 2017-2022, WCR increased by +52%, requiring additional financing.

Operating WCR (2022) ?
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

22 437 €

Customer credit (2022) ?
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

65 j

Supplier credit (2022) ?
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

28 j

Inventory turnover (2022) ?
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

3 j

WCR in days of revenue (2022) ?
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

54 j

WCR and payment terms evolution
SERCALY - LE SERVICE DES CANALISATIONS LYONNAISES

Positioning of SERCALY - LE SERVICE DES CANALISATIONS LYONNAISES in its sector

Comparison with sector Collecte et traitement des eaux usées

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (22 transactions). This range of 6 936€ to 50 896€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2022
Indicative
6k€ 19k€ 50k€
19 903 € Range: 6 936€ - 50 896€
NAF 5 année 2022
How is this estimate calculated?

This estimate is based on the analysis of 22 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 (Collecte et traitement des eaux usées)

Compare SERCALY - LE SERVICE DES CANALISATIONS LYONNAISES with other companies in the same sector:

Voir toutes les statistiques du secteur Collecte et traitement des eaux usées

Frequently asked questions about SERCALY - LE SERVICE DES CANALISATIONS LYONNAISES

What is the revenue of SERCALY - LE SERVICE DES CANALISATIONS LYONNAISES ?

The revenue of SERCALY - LE SERVICE DES CANALISATIONS LYONNAISES in 2022 is 149 k€.

Is SERCALY - LE SERVICE DES CANALISATIONS LYONNAISES profitable?

Yes, SERCALY - LE SERVICE DES CANALISATIONS LYONNAISES generated a net profit of 4 k€ in 2022.

Where is the headquarters of SERCALY - LE SERVICE DES CANALISATIONS LYONNAISES ?

The headquarters of SERCALY - LE SERVICE DES CANALISATIONS LYONNAISES is located in FLEURIEUX-SUR-L'ARBRESLE (69210), in the department Rhone.

Where to find the tax return of SERCALY - LE SERVICE DES CANALISATIONS LYONNAISES ?

The tax return of SERCALY - LE SERVICE DES CANALISATIONS LYONNAISES 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 SERCALY - LE SERVICE DES CANALISATIONS LYONNAISES operate?

SERCALY - LE SERVICE DES CANALISATIONS LYONNAISES operates in the sector Collecte et traitement des eaux usées (NAF code 37.00Z). See the 'Sector positioning' section above to compare the company with its competitors.