SOCIETE DES ETABLISSEMENTS COURTOIS : revenue, balance sheet and financial ratios

SOCIETE DES ETABLISSEMENTS COURTOIS is a French company founded 43 years ago, specialized in the sector Services funéraires. Based in AMBOISE (37400), this company of category PME shows in 2024 a revenue of 1.0 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 DES ETABLISSEMENTS COURTOIS (SIREN 324894393)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 1 021 609 € N/C N/C N/C N/C N/C N/C 912 123 € 933 594 €
Net income 69 012 € -41 339 € 40 818 € 62 016 € 21 644 € 25 344 € -47 434 € 676 € 27 501 €
EBITDA 29 181 € N/C N/C N/C N/C N/C N/C 32 124 € 46 455 €
Net margin 6.8% N/C N/C N/C N/C N/C N/C 0.1% 2.9%

Revenue and income statement

In 2024, SOCIETE DES ETABLISSEMENTS COURTOIS achieves revenue of 1.0 M€. Revenue is growing positively over 9 years (CAGR: +1.1%). After deducting consumption (234 k€), gross margin stands at 787 k€, i.e. a rate of 77%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 29 k€, representing 2.9% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 69 k€, i.e. 6.8% 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

1 021 609 €

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

787 187 €

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

29 181 €

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

16 381 €

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

69 012 €

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

2.9%

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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 6%. 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 56%. 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 0.4 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 8.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

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

6.042%

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

56.324%

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

8.008%

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

0.447

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

35.2%

Solvency indicators evolution
SOCIETE DES ETABLISSEMENTS COURTOIS

Sector positioning

Debt ratio
6.04 2024
2022
2023
2024
Q1: 4.12
Med: 20.05
Q3: 55.53
Good -5 pts over 3 years

In 2024, the debt ratio of SOCIETE DES ETABLISSEMENT... (6.04) 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
56.32% 2024
2022
2023
2024
Q1: 29.89%
Med: 52.45%
Q3: 67.81%
Good -13 pts over 3 years

In 2024, the financial autonomy of SOCIETE DES ETABLISSEMENT... (56.3%) 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
0.45 years 2024
2024
Q1: 0.0 years
Med: 0.55 years
Q3: 2.06 years
Good

In 2024, the repayment capacity of SOCIETE DES ETABLISSEMENT... (0.45) 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 158.70. 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 3.0x. Financial charges are adequately covered by operations.

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

158.698

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

3.002

Liquidity indicators evolution
SOCIETE DES ETABLISSEMENTS COURTOIS

Sector positioning

Liquidity ratio
158.7 2024
2022
2023
2024
Q1: 143.23
Med: 221.26
Q3: 335.42
Average -8 pts over 3 years

In 2024, the liquidity ratio of SOCIETE DES ETABLISSEMENT... (158.70) 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
3.0x 2024
2024
Q1: 0.0x
Med: 1.27x
Q3: 5.75x
Good

In 2024, the interest coverage of SOCIETE DES ETABLISSEMENT... (3.0x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 136 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 126 days. The company must finance 10 days of gap between collections and payments. Inventory turnover is 25 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 127 days of revenue, i.e. 362 k€ to permanently finance. Notable WCR improvement over the period (-22%), 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

361 609 €

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

136 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

126 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

25 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

127 j

WCR and payment terms evolution
SOCIETE DES ETABLISSEMENTS COURTOIS

Positioning of SOCIETE DES ETABLISSEMENTS COURTOIS in its sector

Comparison with sector Services funéraires

Valuation estimate

Based on 108 transactions of similar company sales (all years), the value of SOCIETE DES ETABLISSEMENTS COURTOIS is estimated at 188 670 € (range 70 682€ - 350 204€). With an EBITDA of 29 181€, the sector multiple of 2.4x is applied. The price/revenue ratio is 0.36x (conservative valuation). 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
108 transactions
70k€ 188k€ 350k€
188 670 € Range: 70 682€ - 350 204€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
29 181 € × 2.4x
Estimation 71 481 €
30 591€ - 177 962€
Revenue Multiple 30%
1 021 609 € × 0.36x
Estimation 369 646 €
132 658€ - 558 835€
Net Income Multiple 20%
69 012 € × 3.0x
Estimation 210 179 €
77 948€ - 467 867€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 108 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 (Services funéraires)

Compare SOCIETE DES ETABLISSEMENTS COURTOIS with other companies in the same sector:

Voir toutes les statistiques du secteur Services funéraires

Frequently asked questions about SOCIETE DES ETABLISSEMENTS COURTOIS

What is the revenue of SOCIETE DES ETABLISSEMENTS COURTOIS ?

The revenue of SOCIETE DES ETABLISSEMENTS COURTOIS in 2024 is 1.0 M€.

Is SOCIETE DES ETABLISSEMENTS COURTOIS profitable?

Yes, SOCIETE DES ETABLISSEMENTS COURTOIS generated a net profit of 69 k€ in 2024.

Where is the headquarters of SOCIETE DES ETABLISSEMENTS COURTOIS ?

The headquarters of SOCIETE DES ETABLISSEMENTS COURTOIS is located in AMBOISE (37400), in the department Indre-et-Loire.

Where to find the tax return of SOCIETE DES ETABLISSEMENTS COURTOIS ?

The tax return of SOCIETE DES ETABLISSEMENTS COURTOIS 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 DES ETABLISSEMENTS COURTOIS operate?

SOCIETE DES ETABLISSEMENTS COURTOIS operates in the sector Services funéraires (NAF code 96.03Z). See the 'Sector positioning' section above to compare the company with its competitors.