Employees: 03 (2023.0)Legal category: Société à responsabilité limitée (sans autre indication)Size: PMECreation date: 2003-05-16 (22 years)Status: ActiveBusiness sector: Travaux d'installation électrique dans tous locauxLocation: CHANGE (72560), Sarthe
SIITEL : revenue, balance sheet and financial ratios
SIITEL is a French company
founded 22 years ago,
specialized in the sector Travaux d'installation électrique dans tous locaux.
Based in CHANGE (72560),
this company of category PME
shows in 2017 a revenue of 817 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In 2024, SIITEL generates positive net income of 119 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2024: 17 k€ -> 119 k€.
Net income (2024)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
118 935 €
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 48%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 35%. The balance between equity and debt is satisfactory.
Debt ratio (2024)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
47.647%
Financial autonomy (2024)
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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
34.697%
Asset age ratio (2024)
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Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2020
2021
2022
2023
2024
Debt ratio
-3.043
-8.448
-42.001
142.077
144.623
-239.216
55.033
47.647
Financial autonomy
-16.219
-10.117
-4.161
10.379
7.552
-3.75
14.592
34.697
Repayment capacity
0.053
0.23
None
None
None
None
None
None
Cash flow / Revenue
3.762%
1.517%
None%
None%
None%
None%
None%
None%
Sector positioning
Debt ratio
47.652024
2022
2023
2024
Q1: 0.41
Med: 12.02
Q3: 40.38
Average+50 pts over 3 years
In 2024, the debt ratio of SIITEL (47.65) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
Financial autonomy
34.7%2024
2022
2023
2024
Q1: 12.17%
Med: 36.78%
Q3: 58.23%
Average+23 pts over 3 years
In 2024, the financial autonomy of SIITEL (34.7%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 197.21. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2024)
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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
197.213
Liquidity indicators evolution SIITEL
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2020
2021
2022
2023
2024
Liquidity ratio
78.38
85.818
94.361
135.806
115.799
101.276
123.335
197.213
Interest coverage
0.0
0.0
None
None
None
None
None
None
Sector positioning
Liquidity ratio
197.212024
2022
2023
2024
Q1: 154.2
Med: 223.28
Q3: 341.41
Average+18 pts over 3 years
In 2024, the liquidity ratio of SIITEL (197.21) 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.
Working capital requirement (WCR) and payment terms
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.
Operating WCR (2024)
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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
0 €
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
0 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
0 j
Inventory turnover (2024)
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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 and payment terms evolution SIITEL
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2020
2021
2022
2023
2024
Operating WCR
-55 504 €
28 074 €
0 €
0 €
0 €
0 €
0 €
0 €
Inventory turnover (days)
18
10
0
0
0
0
0
0
Customer payment term (days)
73
71
0
0
0
0
0
0
Supplier payment term (days)
28
76
0
0
0
0
0
0
Positioning of SIITEL in its sector
Comparison with sector Travaux d'installation électrique dans tous locaux
Valuation estimate
Indicative estimate only : the number of comparable transactions in this sector is limited (29 transactions).
This range of 78 535€ to 436 319€ is provided for information purposes only and requires in-depth analysis to be confirmed.
Estimated enterprise value2024
Indicative
78k€135k€436k€
135 657 €Range: 78 535€ - 436 319€
NAF 5 année 2024
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 29 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'installation électrique dans tous locaux)
Compare SIITEL with other companies in the same sector:
Yes, SIITEL generated a net profit of 119 k€ in 2024.
Where is the headquarters of SIITEL ?
The headquarters of SIITEL is located in CHANGE (72560), in the department Sarthe.
Where to find the tax return of SIITEL ?
The tax return of SIITEL 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 SIITEL operate?
SIITEL operates in the sector Travaux d'installation électrique dans tous locaux (NAF code 43.21A). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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