SERTI - SPECIALISTE EN RESEAUX ET TUYAUX INCENDIE : revenue, balance sheet and financial ratios

SERTI - SPECIALISTE EN RESEAUX ET TUYAUX INCENDIE is a French company founded 9 years ago, specialized in the sector Activités spécialisées, scientifiques et techniques diverses. Based in BREUILLET (91650), this company of category PME shows in 2024 a revenue of 196 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 - SERTI - SPECIALISTE EN RESEAUX ET TUYAUX INCENDIE (SIREN 829248053)
Indicator 2024 2023 2022
Revenue 196 203 € 190 277 € 437 495 €
Net income -10 319 € 4 705 € 54 706 €
EBITDA 2 876 € 17 323 € 85 738 €
Net margin -5.3% 2.5% 12.5%

Revenue and income statement

In 2024, SERTI - SPECIALISTE EN RESEAUX ET TUYAUX INCENDIE achieves revenue of 196 k€. Revenue is declining over the period 2022-2024 (CAGR: -33.0%). Vs 2023: +3%. After deducting consumption (4 k€), gross margin stands at 192 k€, i.e. a rate of 98%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 3 k€, representing 1.5% of revenue. Warning negative scissor effect: despite revenue change (+3%), EBITDA varies by -83%, reducing margin by 7.6 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -10 k€ (-5.3% 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

196 203 €

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

192 203 €

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

2 876 €

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

-9 190 €

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

-10 319 €

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

1.5%

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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 -51405%. 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 -0%. 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

-51405.31%

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

-0.091%

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

-4.539%

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

-6.522

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

7.8%

Solvency indicators evolution
SERTI - SPECIALISTE EN RESEAUX ET TUYAUX INCENDIE

Sector positioning

Debt ratio
-51405.31 2024
2022
2023
2024
Q1: 0.0
Med: 4.67
Q3: 40.89
Excellent -57 pts over 3 years

In 2024, the debt ratio of SERTI - SPECIALISTE EN RE... (-51405.31) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
-0.09% 2024
2022
2023
2024
Q1: 4.58%
Med: 32.74%
Q3: 63.16%
Average -40 pts over 3 years

In 2024, the financial autonomy of SERTI - SPECIALISTE EN RE... (-0.1%) 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
-6.52 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.43 years
Excellent -36 pts over 3 years

In 2024, the repayment capacity of SERTI - SPECIALISTE EN RE... (-6.52) 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 165.02. 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 83.2x. Operating income very largely covers interest expenses: high safety margin.

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

165.021

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

83.206

Liquidity indicators evolution
SERTI - SPECIALISTE EN RESEAUX ET TUYAUX INCENDIE

Sector positioning

Liquidity ratio
165.02 2024
2022
2023
2024
Q1: 144.63
Med: 259.05
Q3: 521.3
Average -33 pts over 3 years

In 2024, the liquidity ratio of SERTI - SPECIALISTE EN RE... (165.02) 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
83.21x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 0.45x
Excellent

In 2024, the interest coverage of SERTI - SPECIALISTE EN RE... (83.2x) 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: 129 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 124 days. The company must finance 5 days of gap between collections and payments. Inventory turnover is 20 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 172 days of revenue, i.e. 94 k€ to permanently finance. Over 2022-2024, WCR increased by +31%, 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

93 915 €

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

129 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

124 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

20 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

172 j

WCR and payment terms evolution
SERTI - SPECIALISTE EN RESEAUX ET TUYAUX INCENDIE

Positioning of SERTI - SPECIALISTE EN RESEAUX ET TUYAUX INCENDIE in its sector

Comparison with sector Activités spécialisées, scientifiques et techniques diverses

Valuation estimate

Based on 98 transactions of similar company sales (all years), the value of SERTI - SPECIALISTE EN RESEAUX ET TUYAUX INCENDIE is estimated at 32 970 € (range 10 333€ - 55 460€). With an EBITDA of 2 876€, the sector multiple of 3.5x is applied. The price/revenue ratio is 0.36x (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.

Estimated enterprise value 2024
98 tx
10k€ 32k€ 55k€
32 970 € Range: 10 333€ - 55 460€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
2 876 € × 3.5x
Estimation 9 963 €
2 483€ - 16 333€
Revenue Multiple 30%
196 203 € × 0.36x
Estimation 71 317 €
23 418€ - 120 672€
How is this estimate calculated?

This estimate is based on the analysis of 98 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 (Activités spécialisées, scientifiques et techniques diverses)

Compare SERTI - SPECIALISTE EN RESEAUX ET TUYAUX INCENDIE with other companies in the same sector:

Voir toutes les statistiques du secteur Activités spécialisées, scientifiques et techniques diverses

Frequently asked questions about SERTI - SPECIALISTE EN RESEAUX ET TUYAUX INCENDIE

What is the revenue of SERTI - SPECIALISTE EN RESEAUX ET TUYAUX INCENDIE ?

The revenue of SERTI - SPECIALISTE EN RESEAUX ET TUYAUX INCENDIE in 2024 is 196 k€.

Is SERTI - SPECIALISTE EN RESEAUX ET TUYAUX INCENDIE profitable?

SERTI - SPECIALISTE EN RESEAUX ET TUYAUX INCENDIE recorded a net loss in 2024.

Where is the headquarters of SERTI - SPECIALISTE EN RESEAUX ET TUYAUX INCENDIE ?

The headquarters of SERTI - SPECIALISTE EN RESEAUX ET TUYAUX INCENDIE is located in BREUILLET (91650), in the department Essonne.

Where to find the tax return of SERTI - SPECIALISTE EN RESEAUX ET TUYAUX INCENDIE ?

The tax return of SERTI - SPECIALISTE EN RESEAUX ET TUYAUX INCENDIE 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 SERTI - SPECIALISTE EN RESEAUX ET TUYAUX INCENDIE operate?

SERTI - SPECIALISTE EN RESEAUX ET TUYAUX INCENDIE operates in the sector Activités spécialisées, scientifiques et techniques diverses (NAF code 74.90B). See the 'Sector positioning' section above to compare the company with its competitors.