SOC EXPLOITATION DES ETS CHIGNAC : revenue, balance sheet and financial ratios

SOC EXPLOITATION DES ETS CHIGNAC is a French company founded 45 years ago, specialized in the sector Sciage et rabotage du bois, hors imprégnation. Based in MEAULNE-VITRAY (03360), this company of category PME shows in 2025 a revenue of 2.2 M€. 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 - SOC EXPLOITATION DES ETS CHIGNAC (SIREN 321673261)
Indicator 2025 2024 2023 2022 2021 2020 2019 2018 2017
Revenue 2 246 914 € 2 664 390 € 3 001 259 € 2 544 576 € 2 550 903 € 2 400 435 € 2 331 225 € 2 466 155 € 2 404 696 €
Net income 77 022 € 162 112 € 204 878 € 173 467 € 133 314 € 95 259 € 124 541 € 94 467 € 61 343 €
EBITDA 87 722 € 220 615 € 258 115 € 232 821 € 185 637 € 134 255 € 141 650 € 85 653 € 56 876 €
Net margin 3.4% 6.1% 6.8% 6.8% 5.2% 4.0% 5.3% 3.8% 2.6%

Revenue and income statement

In 2025, SOC EXPLOITATION DES ETS CHIGNAC achieves revenue of 2.2 M€. Activity remains stable over the period (CAGR: -0.8%). Significant drop of -16% vs 2024. After deducting consumption (1.1 M€), gross margin stands at 1.2 M€, i.e. a rate of 53%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 88 k€, representing 3.9% of revenue. Warning negative scissor effect: despite revenue change (-16%), EBITDA varies by -60%, reducing margin by 4.4 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 77 k€, i.e. 3.4% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2025) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

2 246 914 €

Gross margin (2025) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

1 189 968 €

EBITDA (2025) ?
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

87 722 €

EBIT (2025) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

84 756 €

Net income (2025) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

77 022 €

EBITDA margin (2025) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

3.9%

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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 28%. 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 61%. 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 6.4 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 3.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2025) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

27.628%

Financial autonomy (2025) ?
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

61.344%

Cash flow / Revenue (2025) ?
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

3.561%

Repayment capacity (2025) ?
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

6.43

Asset age ratio (2025) ?
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

4.9%

Solvency indicators evolution
SOC EXPLOITATION DES ETS CHIGNAC

Sector positioning

Debt ratio
27.63 2025
2023
2024
2025
Q1: 9.74
Med: 29.26
Q3: 71.27
Good -6 pts over 3 years

In 2025, the debt ratio of SOC EXPLOITATION DES ETS ... (27.63) 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
61.34% 2025
2023
2024
2025
Q1: 38.63%
Med: 57.73%
Q3: 70.76%
Good +11 pts over 3 years

In 2025, the financial autonomy of SOC EXPLOITATION DES ETS ... (61.3%) 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
6.43 years 2025
2023
2024
2025
Q1: 0.0 years
Med: 2.1 years
Q3: 4.53 years
Watch +8 pts over 3 years

In 2025, the repayment capacity of SOC EXPLOITATION DES ETS ... (6.43) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 439.05. 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 0.2x. Danger: operating income does not cover interest charges, unsustainable situation.

Liquidity ratio (2025) ?
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

439.046

Interest coverage (2025) ?
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

0.171

Liquidity indicators evolution
SOC EXPLOITATION DES ETS CHIGNAC

Sector positioning

Liquidity ratio
439.05 2025
2023
2024
2025
Q1: 223.06
Med: 315.69
Q3: 467.32
Good +17 pts over 3 years

In 2025, the liquidity ratio of SOC EXPLOITATION DES ETS ... (439.05) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
0.17x 2025
2023
2024
2025
Q1: 0.0x
Med: 3.57x
Q3: 11.25x
Average

In 2025, the interest coverage of SOC EXPLOITATION DES ETS ... (0.2x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. 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. Average customer payment term: 54 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 98 days. Excellent situation: suppliers finance 44 days of the operating cycle (retail model). Inventory turnover is 291 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 336 days of revenue, i.e. 2.1 M€ to permanently finance.

Operating WCR (2025) ?
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

2 094 506 €

Customer credit (2025) ?
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

54 j

Supplier credit (2025) ?
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

98 j

Inventory turnover (2025) ?
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

291 j

WCR in days of revenue (2025) ?
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

336 j

WCR and payment terms evolution
SOC EXPLOITATION DES ETS CHIGNAC

Positioning of SOC EXPLOITATION DES ETS CHIGNAC in its sector

Comparison with sector Sciage et rabotage du bois, hors imprégnation

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (34 transactions). This range of 99 605€ to 319 513€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2025
Indicative
99k€ 185k€ 319k€
185 276 € Range: 99 605€ - 319 513€
NAF 5 all-time
How is this estimate calculated?

This estimate is based on the analysis of 34 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 (Sciage et rabotage du bois, hors imprégnation)

Compare SOC EXPLOITATION DES ETS CHIGNAC with other companies in the same sector:

Voir toutes les statistiques du secteur Sciage et rabotage du bois, hors imprégnation

Frequently asked questions about SOC EXPLOITATION DES ETS CHIGNAC

What is the revenue of SOC EXPLOITATION DES ETS CHIGNAC ?

The revenue of SOC EXPLOITATION DES ETS CHIGNAC in 2025 is 2.2 M€.

Is SOC EXPLOITATION DES ETS CHIGNAC profitable?

Yes, SOC EXPLOITATION DES ETS CHIGNAC generated a net profit of 77 k€ in 2025.

Where is the headquarters of SOC EXPLOITATION DES ETS CHIGNAC ?

The headquarters of SOC EXPLOITATION DES ETS CHIGNAC is located in MEAULNE-VITRAY (03360), in the department Allier.

Where to find the tax return of SOC EXPLOITATION DES ETS CHIGNAC ?

The tax return of SOC EXPLOITATION DES ETS CHIGNAC 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 SOC EXPLOITATION DES ETS CHIGNAC operate?

SOC EXPLOITATION DES ETS CHIGNAC operates in the sector Sciage et rabotage du bois, hors imprégnation (NAF code 16.10A). See the 'Sector positioning' section above to compare the company with its competitors.