SOCIETE D'ETUDES ET REALISATIONS ENERGETIQUES : revenue, balance sheet and financial ratios

SOCIETE D'ETUDES ET REALISATIONS ENERGETIQUES is a French company founded 26 years ago, specialized in the sector Travaux d'installation électrique dans tous locaux. Based in BEGLES (33130), this company of category ETI shows in 2024 a revenue of 13.3 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 ET REALISATIONS ENERGETIQUES (SIREN 431750868)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 13 347 376 € 13 686 269 € 15 902 219 € 14 339 319 € 11 605 767 € 12 738 115 € 12 415 257 € 12 484 045 € 9 692 966 €
Net income 251 210 € -262 429 € 121 388 € 201 238 € -1 094 375 € 96 476 € 328 843 € 370 773 € 238 098 €
EBITDA 108 619 € -341 748 € 113 656 € -47 656 € -1 200 582 € 46 387 € 390 488 € 399 034 € 241 335 €
Net margin 1.9% -1.9% 0.8% 1.4% -9.4% 0.8% 2.6% 3.0% 2.5%

Revenue and income statement

In 2024, SOCIETE D'ETUDES ET REALISATIONS ENERGETIQUES achieves revenue of 13.3 M€. Revenue is growing positively over 9 years (CAGR: +4.1%). Slight decline of -2% vs 2023. After deducting consumption (4.6 M€), gross margin stands at 8.8 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 109 k€, representing 0.8% of revenue. Positive scissor effect: EBITDA margin improves by +3.3 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 251 k€, i.e. 1.9% 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

13 347 376 €

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

8 753 955 €

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

108 619 €

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

185 258 €

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

251 210 €

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

0.8%

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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 165%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 8%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 7.2 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 1.1% 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

165.339%

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

7.947%

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

1.055%

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

7.217

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

24.9%

Solvency indicators evolution
SOCIETE D'ETUDES ET REALISATIONS ENERGETIQUES

Sector positioning

Debt ratio
165.34 2024
2022
2023
2024
Q1: 0.41
Med: 12.02
Q3: 40.38
Average

In 2024, the debt ratio of SOCIETE D'ETUDES ET REALI... (165.34) 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
7.95% 2024
2022
2023
2024
Q1: 12.17%
Med: 36.78%
Q3: 58.23%
Average

In 2024, the financial autonomy of SOCIETE D'ETUDES ET REALI... (8.0%) 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
7.22 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.02 years
Q3: 0.89 years
Watch

In 2024, the repayment capacity of SOCIETE D'ETUDES ET REALI... (7.22) 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 187.49. 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 6.7x. Operating income very largely covers interest expenses: high safety margin.

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

187.488

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

6.697

Liquidity indicators evolution
SOCIETE D'ETUDES ET REALISATIONS ENERGETIQUES

Sector positioning

Liquidity ratio
187.49 2024
2022
2023
2024
Q1: 154.2
Med: 223.28
Q3: 341.41
Average

In 2024, the liquidity ratio of SOCIETE D'ETUDES ET REALI... (187.49) 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
6.7x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 2.01x
Excellent

In 2024, the interest coverage of SOCIETE D'ETUDES ET REALI... (6.7x) 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: 88 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 65 days. The company must finance 23 days of gap between collections and payments. Overall, WCR represents 28 days of revenue, i.e. 1.0 M€ to permanently finance.

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

1 022 809 €

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

88 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

65 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 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

28 j

WCR and payment terms evolution
SOCIETE D'ETUDES ET REALISATIONS ENERGETIQUES

Positioning of SOCIETE D'ETUDES ET REALISATIONS ENERGETIQUES in its sector

Comparison with sector Travaux d'installation électrique dans tous locaux

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (29 transactions). This range of 606 499€ to 1 611 942€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
606k€ 761k€ 1611k€
761 434 € Range: 606 499€ - 1 611 942€
NAF 5 année 2024

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 29 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 électrique dans tous locaux)

Compare SOCIETE D'ETUDES ET REALISATIONS ENERGETIQUES with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux d'installation électrique dans tous locaux

Frequently asked questions about SOCIETE D'ETUDES ET REALISATIONS ENERGETIQUES

What is the revenue of SOCIETE D'ETUDES ET REALISATIONS ENERGETIQUES ?

The revenue of SOCIETE D'ETUDES ET REALISATIONS ENERGETIQUES in 2024 is 13.3 M€.

Is SOCIETE D'ETUDES ET REALISATIONS ENERGETIQUES profitable?

Yes, SOCIETE D'ETUDES ET REALISATIONS ENERGETIQUES generated a net profit of 251 k€ in 2024.

Where is the headquarters of SOCIETE D'ETUDES ET REALISATIONS ENERGETIQUES ?

The headquarters of SOCIETE D'ETUDES ET REALISATIONS ENERGETIQUES is located in BEGLES (33130), in the department Gironde.

Where to find the tax return of SOCIETE D'ETUDES ET REALISATIONS ENERGETIQUES ?

The tax return of SOCIETE D'ETUDES ET REALISATIONS ENERGETIQUES 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 REALISATIONS ENERGETIQUES operate?

SOCIETE D'ETUDES ET REALISATIONS ENERGETIQUES operates in the sector Travaux d'installation électrique dans tous locaux (NAF code 43.21A). See the 'Sector positioning' section above to compare the company with its competitors.