SOCIETE D'APPLICATIONS THERMIQUES : revenue, balance sheet and financial ratios

SOCIETE D'APPLICATIONS THERMIQUES is a French company founded 55 years ago, specialized in the sector Travaux d'installation d'équipements thermiques et de climatisation. Based in SAINT-MAUR-DES-FOSSES (94100), this company of category PME shows in 2022 a revenue of 3.3 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-18

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

Financial history - SOCIETE D'APPLICATIONS THERMIQUES (SIREN 712027135)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue N/C N/C 3 318 834 € 3 440 519 € 2 469 268 € 4 539 152 € 3 300 369 € 1 762 484 € 3 595 459 €
Net income 87 567 € -344 826 € -139 334 € 38 280 € 38 837 € 50 575 € 49 250 € -320 767 € 30 491 €
EBITDA N/C N/C -159 858 € 4 671 € 27 620 € 42 613 € 71 665 € -306 677 € 39 572 €
Net margin N/C N/C -4.2% 1.1% 1.6% 1.1% 1.5% -18.2% 0.8%

Revenue and income statement

In 2024, SOCIETE D'APPLICATIONS THERMIQUES generates positive net income of 88 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2024: 30 k€ -> 88 k€.

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

87 567 €

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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 34%. The balance between equity and debt is satisfactory.

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

0.074%

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

34.453%

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

13.4%

Solvency indicators evolution
SOCIETE D'APPLICATIONS THERMIQUES

Sector positioning

Debt ratio
0.07 2024
2022
2023
2024
Q1: 1.0
Med: 13.24
Q3: 41.25
Excellent

In 2024, the debt ratio of SOCIETE D'APPLICATIONS TH... (0.07) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
34.45% 2024
2022
2023
2024
Q1: 17.51%
Med: 38.82%
Q3: 57.73%
Average -30 pts over 3 years

In 2024, the financial autonomy of SOCIETE D'APPLICATIONS TH... (34.5%) 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
-0.0 years 2022
2022
Q1: 0.0 years
Med: 0.29 years
Q3: 1.7 years
Excellent

In 2022, the repayment capacity of SOCIETE D'APPLICATIONS TH... (-0.00) 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 149.27. 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

149.269

Liquidity indicators evolution
SOCIETE D'APPLICATIONS THERMIQUES

Sector positioning

Liquidity ratio
149.27 2024
2022
2023
2024
Q1: 154.24
Med: 215.08
Q3: 312.23
Watch -30 pts over 3 years

In 2024, the liquidity ratio of SOCIETE D'APPLICATIONS TH... (149.27) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
0.0x 2022
2022
Q1: 0.0x
Med: 0.31x
Q3: 2.21x
Average

In 2022, the interest coverage of SOCIETE D'APPLICATIONS TH... (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.

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

0 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

0 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 THERMIQUES

Positioning of SOCIETE D'APPLICATIONS THERMIQUES in its sector

Comparison with sector Travaux d'installation d'équipements thermiques et de climatisation

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (28 transactions). This range of 46 045€ to 403 958€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
46k€ 151k€ 403k€
151 450 € Range: 46 045€ - 403 958€
NAF 5 année 2024

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 28 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 (Travaux d'installation d'équipements thermiques et de climatisation)

Compare SOCIETE D'APPLICATIONS THERMIQUES with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux d'installation d'équipements thermiques et de climatisation

Frequently asked questions about SOCIETE D'APPLICATIONS THERMIQUES

What is the revenue of SOCIETE D'APPLICATIONS THERMIQUES ?

The revenue of SOCIETE D'APPLICATIONS THERMIQUES in 2022 is 3.3 M€.

Is SOCIETE D'APPLICATIONS THERMIQUES profitable?

Yes, SOCIETE D'APPLICATIONS THERMIQUES generated a net profit of 88 k€ in 2024.

Where is the headquarters of SOCIETE D'APPLICATIONS THERMIQUES ?

The headquarters of SOCIETE D'APPLICATIONS THERMIQUES is located in SAINT-MAUR-DES-FOSSES (94100), in the department Val-de-Marne.

Where to find the tax return of SOCIETE D'APPLICATIONS THERMIQUES ?

The tax return of SOCIETE D'APPLICATIONS THERMIQUES 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 THERMIQUES operate?

SOCIETE D'APPLICATIONS THERMIQUES operates in the sector Travaux d'installation d'équipements thermiques et de climatisation (NAF code 43.22B). See the 'Sector positioning' section above to compare the company with its competitors.