SIREN : 709805675
SOC FORECREU is a French company founded 126 years ago, specialized in the sector Étirage à froid de barres. Based in COMMENTRY (03600), this company of category PME shows in 2024 a revenue of 14.8 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 14 801 676 € | 19 603 543 € | 17 173 543 € | 12 374 985 € | 11 784 291 € | 11 540 051 € | 11 221 685 € | 11 470 317 € | 10 602 687 € |
| Net income | 855 390 € | 2 322 120 € | 2 218 321 € | 496 936 € | 505 180 € | 819 828 € | 699 856 € | 782 021 € | 1 176 882 € |
| EBITDA | 2 142 320 € | 4 757 511 € | 4 534 728 € | 1 490 268 € | 1 423 437 € | 1 704 228 € | 1 345 448 € | 1 456 454 € | 2 350 852 € |
| Net margin | 5.8% | 11.8% | 12.9% | 4.0% | 4.3% | 7.1% | 6.2% | 6.8% | 11.1% |
In 2024, SOC FORECREU achieves revenue of 14.8 M€. Revenue is growing positively over 9 years (CAGR: +4.3%). Significant drop of -24% vs 2023. After deducting consumption (1.9 M€), gross margin stands at 12.9 M€, i.e. a rate of 87%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 2.1 M€, representing 14.5% of revenue. Warning negative scissor effect: despite revenue change (-24%), EBITDA varies by -55%, reducing margin by 9.8 pts. This reflects costs rising faster than revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 855 k€, i.e. 5.8% of revenue. This profit can be retained or distributed to shareholders.
14 801 676 €
12 852 423 €
2 142 320 €
947 588 €
855 390 €
14.4%
The debt ratio (= Financial debt / Equity x 100) stands at 18%. 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 72%. 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 1.5 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 12.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
17.923%
72.027%
12.549%
1.484
36.1%
In 2024, the debt ratio of SOC FORECREU (17.92) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2024, the financial autonomy of SOC FORECREU (72.0%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.
In 2023, the repayment capacity of SOC FORECREU (0.90) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 518.61. 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 7.8x. Operating income very largely covers interest expenses: high safety margin.
518.614
7.825
In 2024, the liquidity ratio of SOC FORECREU (518.61) 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 2023, the interest coverage of SOC FORECREU (7.3x) 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: 78 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 54 days. The company must finance 24 days of gap between collections and payments. Inventory turnover is 162 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 246 days of revenue, i.e. 10.1 M€ to permanently finance. Over 2016-2024, WCR increased by +67%, requiring additional financing.
10 095 779 €
78 j
54 j
162 j
246 j
Compare SOC FORECREU with other companies in the same sector:
Voir toutes les statistiques du secteur Étirage à froid de barres
The revenue of SOC FORECREU in 2024 is 14.8 M€.
Yes, SOC FORECREU generated a net profit of 855 k€ in 2024.
The headquarters of SOC FORECREU is located in COMMENTRY (03600), in the department Allier.
The tax return of SOC FORECREU 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).
SOC FORECREU operates in the sector Étirage à froid de barres (NAF code 24.31Z). See the 'Sector positioning' section above to compare the company with its competitors.