SOCIETE D'ETUDES EN RENOVATION, CONSTRUCTION ET PROMOTION IMMOBILIERE : revenue, balance sheet and financial ratios

SOCIETE D'ETUDES EN RENOVATION, CONSTRUCTION ET PROMOTION IMMOBILIERE is a French company founded 34 years ago, specialized in the sector Construction de maisons individuelles. Based in SAINT-DOULCHARD (18230), this company of category PME shows in 2024 a revenue of 5.1 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'ETUDES EN RENOVATION, CONSTRUCTION ET PROMOTION IMMOBILIERE (SIREN 387747645)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 5 148 778 € 5 535 076 € 4 922 205 € 4 591 760 € 5 411 891 € 5 096 650 € 5 932 676 € 5 596 218 € N/C
Net income 29 568 € 32 628 € 94 467 € 131 879 € 326 023 € 314 850 € 350 277 € 238 985 € 176 292 €
EBITDA 51 284 € 48 627 € 130 043 € 190 506 € 465 131 € 449 595 € -551 642 € 339 455 € -5 181 247 €
Net margin 0.6% 0.6% 1.9% 2.9% 6.0% 6.2% 5.9% 4.3% N/C

Revenue and income statement

In 2024, SOCIETE D'ETUDES EN RENOVATION, CONSTRUCTION ET PROMOTION IMMOBILIERE achieves revenue of 5.1 M€. Activity remains stable over the period (CAGR: -1.2%). Slight decline of -7% vs 2023. After deducting consumption (1.7 M€), gross margin stands at 3.4 M€, i.e. a rate of 66%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 51 k€, representing 1.0% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 30 k€, i.e. 0.6% 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

5 148 778 €

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

3 408 617 €

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

51 284 €

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

43 798 €

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

29 568 €

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

1.0%

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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 8%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Cash flow represents 0.5% 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

0.101%

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

7.708%

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

0.522%

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

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

6.6%

Solvency indicators evolution
SOCIETE D'ETUDES EN RENOVATION, CONSTRUCTION ET PROMOTION IMMOBILIERE

Sector positioning

Debt ratio
0.1 2024
2022
2023
2024
Q1: 0.01
Med: 9.46
Q3: 42.45
Good

In 2024, the debt ratio of SOCIETE D'ETUDES EN RENOV... (0.10) 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
7.71% 2024
2022
2023
2024
Q1: 5.76%
Med: 26.65%
Q3: 49.13%
Average

In 2024, the financial autonomy of SOCIETE D'ETUDES EN RENOV... (7.7%) 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 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.71 years
Excellent

In 2024, the repayment capacity of SOCIETE D'ETUDES EN RENOV... (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 108.08. 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 0.3x. Danger: operating income does not cover interest charges, unsustainable situation.

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

108.084

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

0.343

Liquidity indicators evolution
SOCIETE D'ETUDES EN RENOVATION, CONSTRUCTION ET PROMOTION IMMOBILIERE

Sector positioning

Liquidity ratio
108.08 2024
2022
2023
2024
Q1: 127.55
Med: 184.6
Q3: 290.72
Watch

In 2024, the liquidity ratio of SOCIETE D'ETUDES EN RENOV... (108.08) 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
0.34x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 1.44x
Good +31 pts over 3 years

In 2024, the interest coverage of SOCIETE D'ETUDES EN RENOV... (0.3x) 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: 9 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 43 days. Excellent situation: suppliers finance 34 days of the operating cycle (retail model). Inventory turnover is 111 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. WCR is negative (-52 days): operations structurally generate 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

-743 020 €

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

9 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

43 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

111 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

-52 j

WCR and payment terms evolution
SOCIETE D'ETUDES EN RENOVATION, CONSTRUCTION ET PROMOTION IMMOBILIERE

Positioning of SOCIETE D'ETUDES EN RENOVATION, CONSTRUCTION ET PROMOTION IMMOBILIERE in its sector

Comparison with sector Construction de maisons individuelles

Valuation estimate

Based on 113 transactions of similar company sales (all years), the value of SOCIETE D'ETUDES EN RENOVATION, CONSTRUCTION ET PROMOTION IMMOBILIERE is estimated at 278 193 € (range 158 513€ - 843 118€). With an EBITDA of 51 284€, the sector multiple of 3.6x is applied. The price/revenue ratio is 0.11x (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
113 transactions
158k€ 278k€ 843k€
278 193 € Range: 158 513€ - 843 118€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
51 284 € × 3.6x
Estimation 187 096 €
70 507€ - 258 755€
Revenue Multiple 30%
5 148 778 € × 0.11x
Estimation 566 552 €
394 279€ - 2 221 350€
Net Income Multiple 20%
29 568 € × 2.5x
Estimation 73 396 €
24 882€ - 236 683€
How is this estimate calculated?

This estimate is based on the analysis of 113 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 (Construction de maisons individuelles)

Compare SOCIETE D'ETUDES EN RENOVATION, CONSTRUCTION ET PROMOTION IMMOBILIERE with other companies in the same sector:

Voir toutes les statistiques du secteur Construction de maisons individuelles

Frequently asked questions about SOCIETE D'ETUDES EN RENOVATION, CONSTRUCTION ET PROMOTION IMMOBILIERE

What is the revenue of SOCIETE D'ETUDES EN RENOVATION, CONSTRUCTION ET PROMOTION IMMOBILIERE ?

The revenue of SOCIETE D'ETUDES EN RENOVATION, CONSTRUCTION ET PROMOTION IMMOBILIERE in 2024 is 5.1 M€.

Is SOCIETE D'ETUDES EN RENOVATION, CONSTRUCTION ET PROMOTION IMMOBILIERE profitable?

Yes, SOCIETE D'ETUDES EN RENOVATION, CONSTRUCTION ET PROMOTION IMMOBILIERE generated a net profit of 30 k€ in 2024.

Where is the headquarters of SOCIETE D'ETUDES EN RENOVATION, CONSTRUCTION ET PROMOTION IMMOBILIERE ?

The headquarters of SOCIETE D'ETUDES EN RENOVATION, CONSTRUCTION ET PROMOTION IMMOBILIERE is located in SAINT-DOULCHARD (18230), in the department Cher.

Where to find the tax return of SOCIETE D'ETUDES EN RENOVATION, CONSTRUCTION ET PROMOTION IMMOBILIERE ?

The tax return of SOCIETE D'ETUDES EN RENOVATION, CONSTRUCTION ET PROMOTION IMMOBILIERE 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'ETUDES EN RENOVATION, CONSTRUCTION ET PROMOTION IMMOBILIERE operate?

SOCIETE D'ETUDES EN RENOVATION, CONSTRUCTION ET PROMOTION IMMOBILIERE operates in the sector Construction de maisons individuelles (NAF code 41.20A). See the 'Sector positioning' section above to compare the company with its competitors.