SOCIETE D'EXPLOITATION DES ETABLISSEMENTS MARCEL DELMAS : revenue, balance sheet and financial ratios

SOCIETE D'EXPLOITATION DES ETABLISSEMENTS MARCEL DELMAS is a French company founded 47 years ago, specialized in the sector Exploitation de gravières et sablières, extraction d’argiles et de kaolin. Based in DRUELLE BALSAC (12510), this company of category GE shows in 2024 a revenue of 3.7 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-18

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

Financial history - SOCIETE D'EXPLOITATION DES ETABLISSEMENTS MARCEL DELMAS (SIREN 317030856)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 3 741 868 € 2 524 659 € 2 155 205 € 2 146 414 € 1 807 990 € N/C N/C N/C N/C
Net income 330 091 € 157 489 € 158 432 € 361 944 € -122 602 € 88 098 € 267 961 € 94 482 € 5 418 €
EBITDA 1 235 726 € 814 148 € 630 299 € 584 080 € 56 271 € N/C N/C N/C N/C
Net margin 8.8% 6.2% 7.4% 16.9% -6.8% N/C N/C N/C N/C

Revenue and income statement

In 2024, SOCIETE D'EXPLOITATION DES ETABLISSEMENTS MARCEL DELMAS achieves revenue of 3.7 M€. Over the period 2020-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +19.9%. Vs 2023, growth of +48% (2.5 M€ -> 3.7 M€). After deducting consumption (663 k€), gross margin stands at 3.1 M€, i.e. a rate of 82%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.2 M€, representing 33.0% of revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 330 k€, i.e. 8.8% 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

3 741 868 €

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

3 079 069 €

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

1 235 726 €

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

653 751 €

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

330 091 €

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

33.0%

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Chart evolution

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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 67%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 39%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.3 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 23.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

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

66.504%

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

39.099%

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

23.868%

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

1.345

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

43.9%

Solvency indicators evolution
SOCIETE D'EXPLOITATION DES ETABLISSEMENTS MARCEL DELMAS

Sector positioning

Debt ratio
66.5 2024
2022
2023
2024
Q1: 0.0
Med: 15.2
Q3: 59.48
Average +19 pts over 3 years

In 2024, the debt ratio of SOCIETE D'EXPLOITATION DE... (66.50) 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
39.1% 2024
2022
2023
2024
Q1: 20.88%
Med: 43.36%
Q3: 63.48%
Average -30 pts over 3 years

In 2024, the financial autonomy of SOCIETE D'EXPLOITATION DE... (39.1%) 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
1.34 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.26 years
Q3: 2.04 years
Average +7 pts over 3 years

In 2024, the repayment capacity of SOCIETE D'EXPLOITATION DE... (1.34) 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 318.11. 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 3.2x. 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

318.105

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

3.227

Liquidity indicators evolution
SOCIETE D'EXPLOITATION DES ETABLISSEMENTS MARCEL DELMAS

Sector positioning

Liquidity ratio
318.11 2024
2022
2023
2024
Q1: 161.05
Med: 260.85
Q3: 420.01
Good -5 pts over 3 years

In 2024, the liquidity ratio of SOCIETE D'EXPLOITATION DE... (318.11) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
3.23x 2024
2022
2023
2024
Q1: 0.0x
Med: 1.51x
Q3: 10.02x
Good +12 pts over 3 years

In 2024, the interest coverage of SOCIETE D'EXPLOITATION DE... (3.2x) 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: 48 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 73 days. Favorable situation: supplier credit is longer than customer credit by 25 days. Inventory turnover is 94 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 118 days of revenue, i.e. 1.2 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

1 223 628 €

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

48 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

73 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

94 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

118 j

WCR and payment terms evolution
SOCIETE D'EXPLOITATION DES ETABLISSEMENTS MARCEL DELMAS

Positioning of SOCIETE D'EXPLOITATION DES ETABLISSEMENTS MARCEL DELMAS in its sector

Comparison with sector Exploitation de gravières et sablières, extraction d’argiles et de kaolin

Valuation estimate

Based on 95 transactions of similar company sales (all years), the value of SOCIETE D'EXPLOITATION DES ETABLISSEMENTS MARCEL DELMAS is estimated at 1 146 215 € (range 331 505€ - 6 674 707€). With an EBITDA of 1 235 726€, the sector multiple of 1.4x is applied. The price/revenue ratio is 0.17x (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.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2024
95 tx
331k€ 1146k€ 6674k€
1 146 215 € Range: 331 505€ - 6 674 707€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
1 235 726 € × 1.4x
Estimation 1 749 442 €
399 595€ - 12 128 662€
Revenue Multiple 30%
3 741 868 € × 0.17x
Estimation 649 943 €
371 629€ - 1 442 063€
Net Income Multiple 20%
330 091 € × 1.2x
Estimation 382 557 €
101 098€ - 888 788€
How is this estimate calculated?

This estimate is based on the analysis of 95 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 (Exploitation de gravières et sablières, extraction d’argiles et de kaolin)

Compare SOCIETE D'EXPLOITATION DES ETABLISSEMENTS MARCEL DELMAS with other companies in the same sector:

Voir toutes les statistiques du secteur Exploitation de gravières et sablières, extraction d’argiles et de kaolin

Frequently asked questions about SOCIETE D'EXPLOITATION DES ETABLISSEMENTS MARCEL DELMAS

What is the revenue of SOCIETE D'EXPLOITATION DES ETABLISSEMENTS MARCEL DELMAS ?

The revenue of SOCIETE D'EXPLOITATION DES ETABLISSEMENTS MARCEL DELMAS in 2024 is 3.7 M€.

Is SOCIETE D'EXPLOITATION DES ETABLISSEMENTS MARCEL DELMAS profitable?

Yes, SOCIETE D'EXPLOITATION DES ETABLISSEMENTS MARCEL DELMAS generated a net profit of 330 k€ in 2024.

Where is the headquarters of SOCIETE D'EXPLOITATION DES ETABLISSEMENTS MARCEL DELMAS ?

The headquarters of SOCIETE D'EXPLOITATION DES ETABLISSEMENTS MARCEL DELMAS is located in DRUELLE BALSAC (12510), in the department Aveyron.

Where to find the tax return of SOCIETE D'EXPLOITATION DES ETABLISSEMENTS MARCEL DELMAS ?

The tax return of SOCIETE D'EXPLOITATION DES ETABLISSEMENTS MARCEL DELMAS 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'EXPLOITATION DES ETABLISSEMENTS MARCEL DELMAS operate?

SOCIETE D'EXPLOITATION DES ETABLISSEMENTS MARCEL DELMAS operates in the sector Exploitation de gravières et sablières, extraction d’argiles et de kaolin (NAF code 08.12Z). See the 'Sector positioning' section above to compare the company with its competitors.