SERVICES MAINTENANCE PISCINES : revenue, balance sheet and financial ratios

SERVICES MAINTENANCE PISCINES is a French company founded 16 years ago, specialized in the sector Autres activités de nettoyage n.c.a.. Based in LA FLOTTE (17630), this company of category PME shows in 2021 a revenue of 652 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 - SERVICES MAINTENANCE PISCINES (SIREN 522181320)
Indicator 2021 2019 2018 2017 2016
Revenue 652 495 € 575 561 € 577 597 € 394 308 € 431 262 €
Net income 21 846 € 17 963 € 30 688 € 24 010 € 28 371 €
EBITDA 50 874 € 30 968 € 54 859 € 39 358 € 54 849 €
Net margin 3.3% 3.1% 5.3% 6.1% 6.6%

Revenue and income statement

In 2021, SERVICES MAINTENANCE PISCINES achieves revenue of 652 k€. Over the period 2016-2021, the company shows strong growth with a CAGR (compound annual growth rate) of +8.6%. Vs 2019, growth of +13% (576 k€ -> 652 k€). After deducting consumption (352 k€), gross margin stands at 301 k€, i.e. a rate of 46%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 51 k€, representing 7.8% of revenue. Positive scissor effect: EBITDA margin improves by +2.4 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 22 k€, i.e. 3.3% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2021) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

652 495 €

Gross margin (2021) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

300 909 €

EBITDA (2021) ?
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

50 874 €

EBIT (2021) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

37 921 €

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

21 846 €

EBITDA margin (2021) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

7.8%

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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 21%. 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 32%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 4.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

21.498%

Financial autonomy (2021) ?
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

31.675%

Cash flow / Revenue (2021) ?
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

4.247%

Repayment capacity (2021) ?
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

1.129

Asset age ratio (2021) ?
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

26.5%

Solvency indicators evolution
SERVICES MAINTENANCE PISCINES

Sector positioning

Debt ratio
21.5 2021
2018
2019
2021
Q1: 0.62
Med: 25.41
Q3: 84.41
Good -17 pts over 3 years

In 2021, the debt ratio of SERVICES MAINTENANCE PISC... (21.50) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
31.68% 2021
2018
2019
2021
Q1: 9.59%
Med: 30.81%
Q3: 49.8%
Good

In 2021, the financial autonomy of SERVICES MAINTENANCE PISC... (31.7%) 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
1.13 years 2021
2018
2019
2021
Q1: 0.0 years
Med: 0.07 years
Q3: 1.41 years
Average -6 pts over 3 years

In 2021, the repayment capacity of SERVICES MAINTENANCE PISC... (1.13) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 138.88. 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 1.1x. Coverage is limited: any activity downturn would jeopardize interest payments.

Liquidity ratio (2021) ?
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

138.883

Interest coverage (2021) ?
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

1.122

Liquidity indicators evolution
SERVICES MAINTENANCE PISCINES

Sector positioning

Liquidity ratio
138.88 2021
2018
2019
2021
Q1: 138.77
Med: 203.67
Q3: 293.76
Average -7 pts over 3 years

In 2021, the liquidity ratio of SERVICES MAINTENANCE PISC... (138.88) 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
1.12x 2021
2018
2019
2021
Q1: 0.0x
Med: 0.03x
Q3: 1.25x
Good +9 pts over 3 years

In 2021, the interest coverage of SERVICES MAINTENANCE PISC... (1.1x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

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: 18 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 20 days. Favorable situation: supplier credit is longer than customer credit by 2 days. Inventory turnover is 92 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. WCR is negative (-1 days): operations structurally generate cash. Over 2016-2021, WCR increased by +76%, requiring additional financing.

Operating WCR (2021) ?
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

-1 886 €

Customer credit (2021) ?
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

18 j

Supplier credit (2021) ?
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

20 j

Inventory turnover (2021) ?
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

92 j

WCR in days of revenue (2021) ?
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

-1 j

WCR and payment terms evolution
SERVICES MAINTENANCE PISCINES

Positioning of SERVICES MAINTENANCE PISCINES in its sector

Comparison with sector Autres activités de nettoyage n.c.a.

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (37 transactions). This range of 69 102€ to 207 813€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2021
Indicative
69k€ 102k€ 207k€
102 974 € Range: 69 102€ - 207 813€
NAF 5 all-time

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 37 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 n.c.a.)

Compare SERVICES MAINTENANCE PISCINES with other companies in the same sector:

Voir toutes les statistiques du secteur Autres activités de nettoyage n.c.a.

Frequently asked questions about SERVICES MAINTENANCE PISCINES

What is the revenue of SERVICES MAINTENANCE PISCINES ?

The revenue of SERVICES MAINTENANCE PISCINES in 2021 is 652 k€.

Is SERVICES MAINTENANCE PISCINES profitable?

Yes, SERVICES MAINTENANCE PISCINES generated a net profit of 22 k€ in 2021.

Where is the headquarters of SERVICES MAINTENANCE PISCINES ?

The headquarters of SERVICES MAINTENANCE PISCINES is located in LA FLOTTE (17630), in the department Charente-Maritime.

Where to find the tax return of SERVICES MAINTENANCE PISCINES ?

The tax return of SERVICES MAINTENANCE PISCINES 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 SERVICES MAINTENANCE PISCINES operate?

SERVICES MAINTENANCE PISCINES operates in the sector Autres activités de nettoyage n.c.a. (NAF code 81.29B). See the 'Sector positioning' section above to compare the company with its competitors.