SIREN : 439883224
SISTEM is a French company founded 24 years ago, specialized in the sector Travaux d'installation d'eau et de gaz en tous locaux. Based in ROYAUCOURT ET CHAILVET (02000), this company of category PME shows in 2021 a revenue of 125 k€. 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 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|
| Revenue | 125 306 € | 94 134 € | 116 143 € | 80 371 € | 111 795 € | 162 718 € |
| Net income | 21 966 € | 8 263 € | -3 044 € | -22 762 € | -10 725 € | 16 894 € |
| EBITDA | 26 487 € | 14 321 € | 3 589 € | -16 431 € | -6 170 € | 22 075 € |
| Net margin | 17.5% | 8.8% | -2.6% | -28.3% | -9.6% | 10.4% |
In 2021, SISTEM achieves revenue of 125 k€. Revenue is declining over the period 2016-2021 (CAGR: -5.1%). Vs 2020, growth of +33% (94 k€ -> 125 k€). After deducting consumption (48 k€), gross margin stands at 78 k€, i.e. a rate of 62%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 26 k€, representing 21.1% of revenue. Positive scissor effect: EBITDA margin improves by +5.9 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 22 k€, i.e. 17.5% of revenue. This profit can be retained or distributed to shareholders.
125 306 €
77 712 €
26 487 €
22 033 €
21 966 €
21.1%
The debt ratio (= Financial debt / Equity x 100) stands at 20%. 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 15%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.3 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 21.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
19.985%
14.548%
21.084%
0.292
3.0%
In 2021, the debt ratio of SISTEM (19.98) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2021, the financial autonomy of SISTEM (14.6%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2021, the repayment capacity of SISTEM (0.29) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 550.17. 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 0.3x. Danger: operating income does not cover interest charges, unsustainable situation.
550.166
0.261
In 2021, the liquidity ratio of SISTEM (550.17) 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.
In 2021, the interest coverage of SISTEM (0.3x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 76 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 28 days. The gap of 48 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 19 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 84 days of revenue, i.e. 29 k€ to permanently finance. Over 2016-2021, WCR increased by +5833%, requiring additional financing.
29 105 €
76 j
28 j
19 j
84 j
Indicative estimate only : the number of comparable transactions in this sector is limited (24 transactions). This range of 26 536€ to 87 117€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 24 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 SISTEM with other companies in the same sector:
Voir toutes les statistiques du secteur Travaux d'installation d'eau et de gaz en tous locaux
The revenue of SISTEM in 2021 is 125 k€.
Yes, SISTEM generated a net profit of 22 k€ in 2021.
The headquarters of SISTEM is located in ROYAUCOURT ET CHAILVET (02000), in the department Aisne.
The tax return of SISTEM 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).
SISTEM operates in the sector Travaux d'installation d'eau et de gaz en tous locaux (NAF code 43.22A). See the 'Sector positioning' section above to compare the company with its competitors.