SOCIETE D'ETUDES ET DE REALISATIONS D'ENSEMBLES TECHNIQUES : revenue, balance sheet and financial ratios

SOCIETE D'ETUDES ET DE REALISATIONS D'ENSEMBLES TECHNIQUES is a French company founded 49 years ago, specialized in the sector Ingénierie, études techniques. Based in VAL BUECH-MEOUGE (05300), this company of category PME shows in 2023 a revenue of 80 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

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

Financial history - SOCIETE D'ETUDES ET DE REALISATIONS D'ENSEMBLES TECHNIQUES (SIREN 309858793)
Indicator 2023 2022 2021 2020
Revenue 79 928 € 82 313 € 84 624 € 82 159 €
Net income 11 € 1 256 € 5 634 € 1 050 €
EBITDA 2 637 € 3 021 € 5 915 € -317 €
Net margin 0.0% 1.5% 6.7% 1.3%

Revenue and income statement

In 2023, SOCIETE D'ETUDES ET DE REALISATIONS D'ENSEMBLES TECHNIQUES achieves revenue of 80 k€. Activity remains stable over the period (CAGR: -0.9%). Slight decline of -3% vs 2022. After deducting consumption (0 €), gross margin stands at 80 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 3 k€, representing 3.3% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 11 €, i.e. 0.0% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

79 928 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

79 928 €

EBITDA (2023) ?
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

2 637 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

2 102 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

11 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

3.3%

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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 108%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 28%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 60.7 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 0.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

108.03%

Financial autonomy (2023) ?
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

27.619%

Cash flow / Revenue (2023) ?
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

0.684%

Repayment capacity (2023) ?
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

60.653

Asset age ratio (2023) ?
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

2.0%

Solvency indicators evolution
SOCIETE D'ETUDES ET DE REALISATIONS D'ENSEMBLES TECHNIQUES

Sector positioning

Debt ratio
108.03 2023
2021
2022
2023
Q1: 0.0
Med: 9.45
Q3: 51.26
Average +16 pts over 3 years

In 2023, the debt ratio of SOCIETE D'ETUDES ET DE RE... (108.03) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
27.62% 2023
2021
2022
2023
Q1: 11.11%
Med: 37.17%
Q3: 60.82%
Average -15 pts over 3 years

In 2023, the financial autonomy of SOCIETE D'ETUDES ET DE RE... (27.6%) 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
60.65 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.0 years
Q3: 1.07 years
Average

In 2023, the repayment capacity of SOCIETE D'ETUDES ET DE RE... (60.65) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 225.66. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2023) ?
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

225.66

Interest coverage (2023) ?
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

0.0

Liquidity indicators evolution
SOCIETE D'ETUDES ET DE REALISATIONS D'ENSEMBLES TECHNIQUES

Sector positioning

Liquidity ratio
225.66 2023
2021
2022
2023
Q1: 150.48
Med: 232.34
Q3: 397.33
Average +9 pts over 3 years

In 2023, the liquidity ratio of SOCIETE D'ETUDES ET DE RE... (225.66) 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 2023
2021
2022
2023
Q1: 0.0x
Med: 0.0x
Q3: 1.86x
Average

In 2023, the interest coverage of SOCIETE D'ETUDES ET DE RE... (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: 291 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 43 days. The gap of 248 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 113 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 286 days of revenue, i.e. 64 k€ to permanently finance. Over 2020-2023, WCR increased by +322%, requiring additional financing.

Operating WCR (2023) ?
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

63 511 €

Customer credit (2023) ?
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

291 j

Supplier credit (2023) ?
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 (2023) ?
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

113 j

WCR in days of revenue (2023) ?
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

286 j

WCR and payment terms evolution
SOCIETE D'ETUDES ET DE REALISATIONS D'ENSEMBLES TECHNIQUES

Positioning of SOCIETE D'ETUDES ET DE REALISATIONS D'ENSEMBLES TECHNIQUES in its sector

Comparison with sector Ingénierie, études techniques

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (47 transactions). This range of 4 993€ to 14 785€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2023
Indicative
4k€ 9k€ 14k€
9 446 € Range: 4 993€ - 14 785€
NAF 5 année 2023

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 47 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 (Ingénierie, études techniques)

Compare SOCIETE D'ETUDES ET DE REALISATIONS D'ENSEMBLES TECHNIQUES with other companies in the same sector:

Voir toutes les statistiques du secteur Ingénierie, études techniques

Frequently asked questions about SOCIETE D'ETUDES ET DE REALISATIONS D'ENSEMBLES TECHNIQUES

What is the revenue of SOCIETE D'ETUDES ET DE REALISATIONS D'ENSEMBLES TECHNIQUES ?

The revenue of SOCIETE D'ETUDES ET DE REALISATIONS D'ENSEMBLES TECHNIQUES in 2023 is 80 k€.

Is SOCIETE D'ETUDES ET DE REALISATIONS D'ENSEMBLES TECHNIQUES profitable?

Yes, SOCIETE D'ETUDES ET DE REALISATIONS D'ENSEMBLES TECHNIQUES generated a net profit of 11€ in 2023.

Where is the headquarters of SOCIETE D'ETUDES ET DE REALISATIONS D'ENSEMBLES TECHNIQUES ?

The headquarters of SOCIETE D'ETUDES ET DE REALISATIONS D'ENSEMBLES TECHNIQUES is located in VAL BUECH-MEOUGE (05300), in the department Hautes-Alpes.

Where to find the tax return of SOCIETE D'ETUDES ET DE REALISATIONS D'ENSEMBLES TECHNIQUES ?

The tax return of SOCIETE D'ETUDES ET DE REALISATIONS D'ENSEMBLES TECHNIQUES 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 ET DE REALISATIONS D'ENSEMBLES TECHNIQUES operate?

SOCIETE D'ETUDES ET DE REALISATIONS D'ENSEMBLES TECHNIQUES operates in the sector Ingénierie, études techniques (NAF code 71.12B). See the 'Sector positioning' section above to compare the company with its competitors.