SERVICE INDUSTRIE ETANCHEITE : revenue, balance sheet and financial ratios

SERVICE INDUSTRIE ETANCHEITE is a French company founded 36 years ago, specialized in the sector Travaux d'étanchéification. Based in SAINT-FONS (69190), this company of category PME shows in 2024 a revenue of 18.2 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 - SERVICE INDUSTRIE ETANCHEITE (SIREN 354086951)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 18 224 220 € 17 858 261 € 19 429 695 € 16 421 760 € 16 708 463 € 20 486 083 € 16 637 177 € 18 630 020 € 15 104 577 €
Net income 367 213 € 228 525 € 233 058 € 320 316 € 313 674 € 266 457 € 385 756 € 605 838 € 562 910 €
EBITDA 577 330 € 256 922 € 319 069 € 350 723 € 548 521 € 341 289 € 555 117 € 986 371 € 783 711 €
Net margin 2.0% 1.3% 1.2% 2.0% 1.9% 1.3% 2.3% 3.3% 3.7%

Revenue and income statement

In 2024, SERVICE INDUSTRIE ETANCHEITE achieves revenue of 18.2 M€. Revenue is growing positively over 9 years (CAGR: +2.4%). Vs 2023: +2%. After deducting consumption (7.6 M€), gross margin stands at 10.7 M€, i.e. a rate of 58%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 577 k€, representing 3.2% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 367 k€, i.e. 2.0% of revenue. This profit can be retained or distributed to shareholders.

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

18 224 220 €

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

10 656 223 €

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

577 330 €

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

475 632 €

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

367 213 €

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

3.2%

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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 0%. 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 49%. 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 0.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 2.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

0.023%

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

48.505%

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

2.439%

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

0.002

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

16.6%

Solvency indicators evolution
SERVICE INDUSTRIE ETANCHEITE

Sector positioning

Debt ratio
0.02 2024
2022
2023
2024
Q1: 0.07
Med: 10.92
Q3: 40.42
Excellent

In 2024, the debt ratio of SERVICE INDUSTRIE ETANCHEITE (0.02) 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
48.51% 2024
2022
2023
2024
Q1: 8.73%
Med: 28.72%
Q3: 49.51%
Good

In 2024, the financial autonomy of SERVICE INDUSTRIE ETANCHEITE (48.5%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
0.0 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.07 years
Q3: 0.7 years
Good -37 pts over 3 years

In 2024, the repayment capacity of SERVICE INDUSTRIE ETANCHEITE (0.00) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 200.02. 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

200.02

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

0.0

Liquidity indicators evolution
SERVICE INDUSTRIE ETANCHEITE

Sector positioning

Liquidity ratio
200.02 2024
2022
2023
2024
Q1: 142.9
Med: 192.25
Q3: 278.28
Good

In 2024, the liquidity ratio of SERVICE INDUSTRIE ETANCHEITE (200.02) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
0.0x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.31x
Q3: 2.52x
Average -34 pts over 3 years

In 2024, the interest coverage of SERVICE INDUSTRIE ETANCHEITE (0.0x) 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: 98 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 62 days. The gap of 36 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 5 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 105 days of revenue, i.e. 5.3 M€ to permanently finance.

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

5 323 477 €

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

98 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

62 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

5 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

105 j

WCR and payment terms evolution
SERVICE INDUSTRIE ETANCHEITE

Positioning of SERVICE INDUSTRIE ETANCHEITE in its sector

Comparison with sector Travaux d'étanchéification

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (25 transactions). This range of 1 358 235€ to 4 035 077€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
1358k€ 2420k€ 4035k€
2 420 864 € Range: 1 358 235€ - 4 035 077€
NAF 5 année 2024

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 25 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 (Travaux d'étanchéification)

Compare SERVICE INDUSTRIE ETANCHEITE with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux d'étanchéification

Frequently asked questions about SERVICE INDUSTRIE ETANCHEITE

What is the revenue of SERVICE INDUSTRIE ETANCHEITE ?

The revenue of SERVICE INDUSTRIE ETANCHEITE in 2024 is 18.2 M€.

Is SERVICE INDUSTRIE ETANCHEITE profitable?

Yes, SERVICE INDUSTRIE ETANCHEITE generated a net profit of 367 k€ in 2024.

Where is the headquarters of SERVICE INDUSTRIE ETANCHEITE ?

The headquarters of SERVICE INDUSTRIE ETANCHEITE is located in SAINT-FONS (69190), in the department Rhone.

Where to find the tax return of SERVICE INDUSTRIE ETANCHEITE ?

The tax return of SERVICE INDUSTRIE ETANCHEITE 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 SERVICE INDUSTRIE ETANCHEITE operate?

SERVICE INDUSTRIE ETANCHEITE operates in the sector Travaux d'étanchéification (NAF code 43.99A). See the 'Sector positioning' section above to compare the company with its competitors.