SERVICE PLUS : revenue, balance sheet and financial ratios

SERVICE PLUS is a French company founded 37 years ago, specialized in the sector Autres activités de nettoyage des bâtiments et nettoyage industriel. Based in MARSEILLE (13009), this company of category GE shows in 2024 a revenue of 802 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-18

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - SERVICE PLUS (SIREN 350135414)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 801 781 € 926 969 € 1 025 448 € 1 116 082 € 1 186 313 € 1 449 125 € 1 621 046 € 1 589 487 € 1 539 768 €
Net income 80 031 € 47 234 € 41 016 € 60 819 € 70 586 € 49 811 € 81 980 € 111 182 € 94 408 €
EBITDA 23 538 € 2 455 € 29 757 € 48 446 € 92 446 € 33 668 € 78 732 € 133 305 € 121 038 €
Net margin 10.0% 5.1% 4.0% 5.4% 6.0% 3.4% 5.1% 7.0% 6.1%

Revenue and income statement

In 2024, SERVICE PLUS achieves revenue of 802 k€. Revenue is declining over the period 2016-2024 (CAGR: -7.8%). Significant drop of -14% vs 2023. After deducting consumption (-315 €), gross margin stands at 802 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 24 k€, representing 2.9% of revenue. Positive scissor effect: EBITDA margin improves by +2.7 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 80 k€, i.e. 10.0% 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

801 781 €

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

802 096 €

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

23 538 €

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

77 451 €

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

80 031 €

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

2.9%

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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 82%. 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 3.1% 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

0.022%

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

81.727%

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

3.096%

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

0.007

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

2.5%

Solvency indicators evolution
SERVICE PLUS

Sector positioning

Debt ratio
0.02 2024
2022
2023
2024
Q1: 0.08
Med: 14.52
Q3: 56.89
Excellent

In 2024, the debt ratio of SERVICE PLUS (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
81.73% 2024
2022
2023
2024
Q1: 9.48%
Med: 31.6%
Q3: 53.82%
Excellent

In 2024, the financial autonomy of SERVICE PLUS (81.7%) 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
0.01 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.01 years
Q3: 1.18 years
Good +25 pts over 3 years

In 2024, the repayment capacity of SERVICE PLUS (0.01) 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 560.10. 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 16.0x. 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

560.101

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

16.029

Liquidity indicators evolution
SERVICE PLUS

Sector positioning

Liquidity ratio
560.1 2024
2022
2023
2024
Q1: 114.76
Med: 170.12
Q3: 268.45
Excellent

In 2024, the liquidity ratio of SERVICE PLUS (560.10) 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
16.03x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 1.69x
Excellent

In 2024, the interest coverage of SERVICE PLUS (16.0x) 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: 68 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 39 days. The company must finance 29 days of gap between collections and payments. Overall, WCR represents 361 days of revenue, i.e. 805 k€ to permanently finance. Over 2016-2024, WCR increased by +869%, 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

804 916 €

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

68 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

39 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 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

361 j

WCR and payment terms evolution
SERVICE PLUS

Positioning of SERVICE PLUS in its sector

Comparison with sector Autres activités de nettoyage des bâtiments et nettoyage industriel

Valuation estimate

Based on 53 transactions of similar company sales (all years), the value of SERVICE PLUS is estimated at 168 289 € (range 68 330€ - 292 964€). With an EBITDA of 23 538€, the sector multiple of 2.6x is applied. The price/revenue ratio is 0.35x (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
53 tx
68k€ 168k€ 292k€
168 289 € Range: 68 330€ - 292 964€
NAF 5 all-time

Valuation detail by method

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EBITDA Multiple 50%
23 538 € × 2.6x
Estimation 60 143 €
24 266€ - 92 455€
Revenue Multiple 30%
801 781 € × 0.35x
Estimation 282 589 €
117 374€ - 485 657€
Net Income Multiple 20%
80 031 € × 3.3x
Estimation 267 207 €
104 928€ - 505 201€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 53 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 (Autres activités de nettoyage des bâtiments et nettoyage industriel)

Compare SERVICE PLUS with other companies in the same sector:

Voir toutes les statistiques du secteur Autres activités de nettoyage des bâtiments et nettoyage industriel

Frequently asked questions about SERVICE PLUS

What is the revenue of SERVICE PLUS ?

The revenue of SERVICE PLUS in 2024 is 802 k€.

Is SERVICE PLUS profitable?

Yes, SERVICE PLUS generated a net profit of 80 k€ in 2024.

Where is the headquarters of SERVICE PLUS ?

The headquarters of SERVICE PLUS is located in MARSEILLE (13009), in the department Bouches-du-Rhone.

Where to find the tax return of SERVICE PLUS ?

The tax return of SERVICE PLUS 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 PLUS operate?

SERVICE PLUS operates in the sector Autres activités de nettoyage des bâtiments et nettoyage industriel (NAF code 81.22Z). See the 'Sector positioning' section above to compare the company with its competitors.