SOCIETE D APPLICATIONS DES TECHNIQUES D ETANCHEITE : revenue, balance sheet and financial ratios

SOCIETE D APPLICATIONS DES TECHNIQUES D ETANCHEITE is a French company founded 32 years ago, specialized in the sector Travaux d'étanchéification. Based in SAINT PIERRE D'IRUBE (64990), this company of category PME shows in 2022 a revenue of 2.0 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 - SOCIETE D APPLICATIONS DES TECHNIQUES D ETANCHEITE (SIREN 393730346)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue N/C N/C 1 982 770 € N/C N/C N/C 2 017 122 € 2 512 878 € 2 705 789 €
Net income -84 923 € -77 805 € -194 642 € 21 177 € 11 940 € 25 529 € 24 104 € 20 603 € 21 160 €
EBITDA N/C N/C -207 264 € N/C N/C N/C 45 660 € -30 951 € 1 512 €
Net margin N/C N/C -9.8% N/C N/C N/C 1.2% 0.8% 0.8%

Revenue and income statement

In 2024, SOCIETE D APPLICATIONS DES TECHNIQUES D ETANCHEITE records a net loss of 85 k€. This deficit will reduce equity on the balance sheet.

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

-84 923 €

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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 64%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 7%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

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

63.635%

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

6.537%

Asset age ratio (2024) ?
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

2.8%

Solvency indicators evolution
SOCIETE D APPLICATIONS DES TECHNIQUES D ETANCHEITE

Sector positioning

Debt ratio
63.63 2024
2022
2023
2024
Q1: 0.07
Med: 10.92
Q3: 40.42
Watch +34 pts over 3 years

In 2024, the debt ratio of SOCIETE D APPLICATIONS DE... (63.63) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
6.54% 2024
2022
2023
2024
Q1: 8.73%
Med: 28.72%
Q3: 49.51%
Average -23 pts over 3 years

In 2024, the financial autonomy of SOCIETE D APPLICATIONS DE... (6.5%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
-0.09 years 2022
2022
Q1: 0.0 years
Med: 0.05 years
Q3: 0.98 years
Excellent

In 2022, the repayment capacity of SOCIETE D APPLICATIONS DE... (-0.09) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 188.66. 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

188.657

Liquidity indicators evolution
SOCIETE D APPLICATIONS DES TECHNIQUES D ETANCHEITE

Sector positioning

Liquidity ratio
188.66 2024
2022
2023
2024
Q1: 142.9
Med: 192.25
Q3: 278.28
Average -9 pts over 3 years

In 2024, the liquidity ratio of SOCIETE D APPLICATIONS DE... (188.66) 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 2022
2022
Q1: 0.0x
Med: 0.13x
Q3: 1.66x
Average

In 2022, the interest coverage of SOCIETE D APPLICATIONS DE... (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: 372 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 169 days. The gap of 203 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow.

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

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

372 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

169 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 and payment terms evolution
SOCIETE D APPLICATIONS DES TECHNIQUES D ETANCHEITE

Positioning of SOCIETE D APPLICATIONS DES TECHNIQUES D ETANCHEITE in its sector

Comparison with sector Travaux d'étanchéification

Similar companies (Travaux d'étanchéification)

Compare SOCIETE D APPLICATIONS DES TECHNIQUES D ETANCHEITE with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux d'étanchéification

Frequently asked questions about SOCIETE D APPLICATIONS DES TECHNIQUES D ETANCHEITE

What is the revenue of SOCIETE D APPLICATIONS DES TECHNIQUES D ETANCHEITE ?

The revenue of SOCIETE D APPLICATIONS DES TECHNIQUES D ETANCHEITE in 2022 is 2.0 M€.

Is SOCIETE D APPLICATIONS DES TECHNIQUES D ETANCHEITE profitable?

SOCIETE D APPLICATIONS DES TECHNIQUES D ETANCHEITE recorded a net loss in 2024.

Where is the headquarters of SOCIETE D APPLICATIONS DES TECHNIQUES D ETANCHEITE ?

The headquarters of SOCIETE D APPLICATIONS DES TECHNIQUES D ETANCHEITE is located in SAINT PIERRE D'IRUBE (64990), in the department Pyrenees-Atlantiques.

Where to find the tax return of SOCIETE D APPLICATIONS DES TECHNIQUES D ETANCHEITE ?

The tax return of SOCIETE D APPLICATIONS DES TECHNIQUES D ETANCHEITE 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 SOCIETE D APPLICATIONS DES TECHNIQUES D ETANCHEITE operate?

SOCIETE D APPLICATIONS DES TECHNIQUES D ETANCHEITE operates in the sector Travaux d'étanchéification (NAF code 43.99A). See the 'Sector positioning' section above to compare the company with its competitors.