SOC PICARDE DE SERRURERIE : revenue, balance sheet and financial ratios

SOC PICARDE DE SERRURERIE is a French company founded 25 years ago, specialized in the sector Location de terrains et d'autres biens immobiliers. Based in FEUQUIERES-EN-VIMEU (80210), this company of category PME shows in 2024 a revenue of 827 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - SOC PICARDE DE SERRURERIE (SIREN 434350153)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 827 205 € 28 000 € 28 000 € 28 000 € 27 904 € 28 000 € 434 813 € 383 251 € 519 095 €
Net income 7 795 € 15 127 € 15 783 € 18 802 € 15 510 € 19 764 € 68 086 € -2 019 € 4 837 €
EBITDA 6 221 € 11 692 € 17 154 € 16 790 € 16 734 € 18 651 € 44 431 € -40 558 € 14 723 €
Net margin 0.9% 54.0% 56.4% 67.2% 55.6% 70.6% 15.7% -0.5% 0.9%

Revenue and income statement

In 2024, SOC PICARDE DE SERRURERIE achieves revenue of 827 k€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +6.0%. Vs 2023, growth of +2854% (28 k€ -> 827 k€). After deducting consumption (677 k€), gross margin stands at 150 k€, i.e. a rate of 18%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 6 k€, representing 0.8% of revenue. Warning negative scissor effect: despite revenue change (+2854%), EBITDA varies by -47%, reducing margin by 41.0 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 8 k€, i.e. 0.9% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

827 205 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

150 483 €

EBITDA (2024) ?
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

6 221 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

6 168 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

7 795 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

0.8%

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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 0%. 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 44%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Cash flow represents 0.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.0%

Financial autonomy (2024) ?
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

44.133%

Cash flow / Revenue (2024) ?
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

0.942%

Repayment capacity (2024) ?
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

0.0

Solvency indicators evolution
SOC PICARDE DE SERRURERIE

Sector positioning

Debt ratio
0.0 2024
2022
2023
2024
Q1: -21.15
Med: 5.9
Q3: 146.94
Good

In 2024, the debt ratio of SOC PICARDE DE SERRURERIE (0.00) 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
44.13% 2024
2022
2023
2024
Q1: 0.03%
Med: 27.42%
Q3: 73.8%
Good -16 pts over 3 years

In 2024, the financial autonomy of SOC PICARDE DE SERRURERIE (44.1%) 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
0.0 years 2024
2022
2023
2024
Q1: -0.02 years
Med: 0.66 years
Q3: 10.59 years
Good

In 2024, the repayment capacity of SOC PICARDE DE SERRURERIE (0.00) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 172.01. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2024) ?
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

172.007

Interest coverage (2024) ?
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

0.0

Liquidity indicators evolution
SOC PICARDE DE SERRURERIE

Sector positioning

Liquidity ratio
172.01 2024
2022
2023
2024
Q1: 83.19
Med: 307.52
Q3: 1319.53
Average -40 pts over 3 years

In 2024, the liquidity ratio of SOC PICARDE DE SERRURERIE (172.01) 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.

Interest coverage
0.0x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 20.03x
Average -28 pts over 3 years

In 2024, the interest coverage of SOC PICARDE DE SERRURERIE (0.0x) 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: 69 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 88 days. Favorable situation: supplier credit is longer than customer credit by 19 days. Overall, WCR represents 82 days of revenue, i.e. 188 k€ to permanently finance. Notable WCR improvement over the period (-33%), freeing up cash.

Operating WCR (2024) ?
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

188 429 €

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

69 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

88 j

Inventory turnover (2024) ?
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 in days of revenue (2024) ?
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

82 j

WCR and payment terms evolution
SOC PICARDE DE SERRURERIE

Positioning of SOC PICARDE DE SERRURERIE in its sector

Comparison with sector Location de terrains et d'autres biens immobiliers

Valuation estimate

Based on 169 transactions of similar company sales in 2024, the value of SOC PICARDE DE SERRURERIE is estimated at 228 215 € (range 84 297€ - 423 639€). With an EBITDA of 6 221€, the sector multiple of 5.6x is applied. The price/revenue ratio is 0.81x (in line with sector norms). 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.

Estimated enterprise value 2024
169 transactions
84k€ 228k€ 423k€
228 215 € Range: 84 297€ - 423 639€
NAF 5 année 2024

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
6 221 € × 5.6x
Estimation 34 837 €
9 221€ - 62 179€
Revenue Multiple 30%
827 205 € × 0.81x
Estimation 667 246 €
254 976€ - 1 244 251€
Net Income Multiple 20%
7 795 € × 6.8x
Estimation 53 118 €
15 971€ - 96 373€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 169 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 (Location de terrains et d'autres biens immobiliers)

Compare SOC PICARDE DE SERRURERIE with other companies in the same sector:

Voir toutes les statistiques du secteur Location de terrains et d'autres biens immobiliers

Frequently asked questions about SOC PICARDE DE SERRURERIE

What is the revenue of SOC PICARDE DE SERRURERIE ?

The revenue of SOC PICARDE DE SERRURERIE in 2024 is 827 k€.

Is SOC PICARDE DE SERRURERIE profitable?

Yes, SOC PICARDE DE SERRURERIE generated a net profit of 8 k€ in 2024.

Where is the headquarters of SOC PICARDE DE SERRURERIE ?

The headquarters of SOC PICARDE DE SERRURERIE is located in FEUQUIERES-EN-VIMEU (80210), in the department Somme.

Where to find the tax return of SOC PICARDE DE SERRURERIE ?

The tax return of SOC PICARDE DE SERRURERIE 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 PICARDE DE SERRURERIE operate?

SOC PICARDE DE SERRURERIE operates in the sector Location de terrains et d'autres biens immobiliers (NAF code 68.20B). See the 'Sector positioning' section above to compare the company with its competitors.