SIREN : 331519272
SICSOE is a French company founded 41 years ago, specialized in the sector Activités de conditionnement. Based in CENAC (33360), this company of category ETI shows in 2024 a revenue of 11.2 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 11 201 352 € | 12 433 204 € | 11 578 071 € | 12 290 047 € | 9 344 606 € | 9 557 277 € | 9 587 786 € | 10 841 295 € | 10 613 460 € |
| Net income | -684 432 € | -208 341 € | 86 273 € | 164 558 € | -187 009 € | -212 808 € | -39 150 € | 152 814 € | -493 431 € |
| EBITDA | 131 407 € | 300 885 € | 618 144 € | 689 414 € | 233 971 € | 348 376 € | 508 184 € | 845 454 € | 92 231 € |
| Net margin | -6.1% | -1.7% | 0.7% | 1.3% | -2.0% | -2.2% | -0.4% | 1.4% | -4.6% |
In 2024, SICSOE achieves revenue of 11.2 M€. Revenue is growing positively over 9 years (CAGR: +0.7%). Slight decline of -10% vs 2023. After deducting consumption (2.8 M€), gross margin stands at 8.4 M€, i.e. a rate of 75%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 131 k€, representing 1.2% of revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -684 k€ (-6.1% of revenue), which will impact equity.
11 201 352 €
8 387 971 €
131 407 €
-387 714 €
-684 432 €
1.2%
The debt ratio (= Financial debt / Equity x 100) stands at -985%. 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 -6%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
-985.059%
-5.903%
-0.371%
-80.838
35.3%
In 2024, the debt ratio of SICSOE (-985.06) 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.
In 2024, the financial autonomy of SICSOE (-5.9%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.
In 2024, the repayment capacity of SICSOE (-80.84) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 87.18. 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 126.4x. Operating income very largely covers interest expenses: high safety margin.
87.18
126.411
In 2024, the liquidity ratio of SICSOE (87.18) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.
In 2024, the interest coverage of SICSOE (126.4x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 44 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 91 days. Excellent situation: suppliers finance 47 days of the operating cycle (retail model). Inventory turnover is 6 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 34 days of revenue, i.e. 1.1 M€ to permanently finance. Notable WCR improvement over the period (-28%), freeing up cash.
1 066 929 €
44 j
91 j
6 j
34 j
Based on 158 transactions of similar company sales (all years), the value of SICSOE is estimated at 1 770 898 € (range 871 103€ - 3 455 049€). With an EBITDA of 131 407€, the sector multiple of 3.3x 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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 158 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare SICSOE with other companies in the same sector:
Voir toutes les statistiques du secteur Activités de conditionnement
The revenue of SICSOE in 2024 is 11.2 M€.
SICSOE recorded a net loss in 2024.
The headquarters of SICSOE is located in CENAC (33360), in the department Gironde.
The tax return of SICSOE 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).
SICSOE operates in the sector Activités de conditionnement (NAF code 82.92Z). See the 'Sector positioning' section above to compare the company with its competitors.