SOCIETE DE TUYAUTERIE ET D'ETUDE MECANIQUE : revenue, balance sheet and financial ratios

SOCIETE DE TUYAUTERIE ET D'ETUDE MECANIQUE is a French company founded 31 years ago, specialized in the sector Réparation d'ouvrages en métaux. Based in SOCX (59380), this company of category PME shows in 2025 a revenue of 4.0 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 DE TUYAUTERIE ET D'ETUDE MECANIQUE (SIREN 401096805)
Indicator 2025 2024 2023 2021 2020 2019 2018 2017 2016
Revenue 4 032 882 € 3 460 088 € 4 147 888 € 2 829 714 € 1 988 215 € 3 070 215 € 2 778 424 € 2 316 107 € 2 281 813 €
Net income 169 257 € 305 200 € 105 206 € 10 747 € -157 493 € -241 226 € 150 359 € -88 696 € 8 266 €
EBITDA 256 733 € 320 384 € 112 093 € 28 354 € -323 263 € -55 667 € 151 704 € -65 416 € 24 699 €
Net margin 4.2% 8.8% 2.5% 0.4% -7.9% -7.9% 5.4% -3.8% 0.4%

Revenue and income statement

In 2025, SOCIETE DE TUYAUTERIE ET D'ETUDE MECANIQUE achieves revenue of 4.0 M€. Over the period 2016-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +6.5%. Vs 2024, growth of +17% (3.5 M€ -> 4.0 M€). After deducting consumption (1.0 M€), gross margin stands at 3.0 M€, i.e. a rate of 75%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 257 k€, representing 6.4% of revenue. Warning negative scissor effect: despite revenue change (+17%), EBITDA varies by -20%, reducing margin by 2.9 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 169 k€, i.e. 4.2% 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

4 032 882 €

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

3 021 452 €

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

256 733 €

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

208 624 €

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

169 257 €

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

6.4%

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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 54%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 18%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.4 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 5.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

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

54.411%

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

18.303%

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

5.117%

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

1.428

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

44.8%

Solvency indicators evolution
SOCIETE DE TUYAUTERIE ET D'ETUDE MECANIQUE

Sector positioning

Debt ratio
54.41 2025
2023
2024
2025
Q1: 2.95
Med: 15.08
Q3: 37.82
Watch

In 2025, the debt ratio of SOCIETE DE TUYAUTERIE ET ... (54.41) 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
18.3% 2025
2023
2024
2025
Q1: 28.11%
Med: 48.36%
Q3: 63.85%
Watch

In 2025, the financial autonomy of SOCIETE DE TUYAUTERIE ET ... (18.3%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.

Repayment capacity
1.43 years 2025
2023
2024
2025
Q1: 0.0 years
Med: 0.41 years
Q3: 1.33 years
Watch

In 2025, the repayment capacity of SOCIETE DE TUYAUTERIE ET ... (1.43) 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 217.72. 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 4.2x. Financial charges are adequately covered by operations.

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

217.723

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

4.17

Liquidity indicators evolution
SOCIETE DE TUYAUTERIE ET D'ETUDE MECANIQUE

Sector positioning

Liquidity ratio
217.72 2025
2023
2024
2025
Q1: 167.13
Med: 237.24
Q3: 361.01
Average +8 pts over 3 years

In 2025, the liquidity ratio of SOCIETE DE TUYAUTERIE ET ... (217.72) 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
4.17x 2025
2023
2024
2025
Q1: 0.0x
Med: 0.31x
Q3: 2.74x
Excellent

In 2025, the interest coverage of SOCIETE DE TUYAUTERIE ET ... (4.2x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

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: 81 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 96 days. Favorable situation: supplier credit is longer than customer credit by 15 days. Inventory turnover is 87 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 81 days of revenue, i.e. 904 k€ to permanently finance. Over 2016-2025, WCR increased by +158%, requiring additional financing.

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

903 769 €

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

81 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

96 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

87 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

81 j

WCR and payment terms evolution
SOCIETE DE TUYAUTERIE ET D'ETUDE MECANIQUE

Positioning of SOCIETE DE TUYAUTERIE ET D'ETUDE MECANIQUE in its sector

Comparison with sector Réparation d'ouvrages en métaux

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (34 transactions). This range of 159 551€ to 1 129 239€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2025
Indicative
159k€ 443k€ 1129k€
443 706 € Range: 159 551€ - 1 129 239€
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 (Réparation d'ouvrages en métaux)

Compare SOCIETE DE TUYAUTERIE ET D'ETUDE MECANIQUE with other companies in the same sector:

Voir toutes les statistiques du secteur Réparation d'ouvrages en métaux

Frequently asked questions about SOCIETE DE TUYAUTERIE ET D'ETUDE MECANIQUE

What is the revenue of SOCIETE DE TUYAUTERIE ET D'ETUDE MECANIQUE ?

The revenue of SOCIETE DE TUYAUTERIE ET D'ETUDE MECANIQUE in 2025 is 4.0 M€.

Is SOCIETE DE TUYAUTERIE ET D'ETUDE MECANIQUE profitable?

Yes, SOCIETE DE TUYAUTERIE ET D'ETUDE MECANIQUE generated a net profit of 169 k€ in 2025.

Where is the headquarters of SOCIETE DE TUYAUTERIE ET D'ETUDE MECANIQUE ?

The headquarters of SOCIETE DE TUYAUTERIE ET D'ETUDE MECANIQUE is located in SOCX (59380), in the department Nord.

Where to find the tax return of SOCIETE DE TUYAUTERIE ET D'ETUDE MECANIQUE ?

The tax return of SOCIETE DE TUYAUTERIE ET D'ETUDE MECANIQUE 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 DE TUYAUTERIE ET D'ETUDE MECANIQUE operate?

SOCIETE DE TUYAUTERIE ET D'ETUDE MECANIQUE operates in the sector Réparation d'ouvrages en métaux (NAF code 33.11Z). See the 'Sector positioning' section above to compare the company with its competitors.