SOCIETE D'EXPLOITATION DES ETABLISSEMENTS SARL PROELEC : revenue, balance sheet and financial ratios

SOCIETE D'EXPLOITATION DES ETABLISSEMENTS SARL PROELEC is a French company founded 27 years ago, specialized in the sector Travaux d'installation électrique dans tous locaux. Based in FURIANI (20600), this company of category PME shows in 2023 a revenue of 673 k€. 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'EXPLOITATION DES ETABLISSEMENTS SARL PROELEC (SIREN 421971144)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 673 292 € 835 561 € 820 991 € 949 946 € 650 840 € 1 477 125 € 1 064 087 € 899 542 €
Net income 6 116 € 19 963 € 545 € -56 526 € -144 453 € 71 147 € 77 213 € 25 893 €
EBITDA 140 355 € 74 431 € 1 € -1 € -129 872 € 69 551 € -14 084 € 14 371 €
Net margin 0.9% 2.4% 0.1% -6.0% -22.2% 4.8% 7.3% 2.9%

Revenue and income statement

In 2023, SOCIETE D'EXPLOITATION DES ETABLISSEMENTS SARL PROELEC achieves revenue of 673 k€. Activity remains stable over the period (CAGR: -4.1%). Significant drop of -19% vs 2022. After deducting consumption (202 k€), gross margin stands at 472 k€, i.e. a rate of 70%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 140 k€, representing 20.8% of revenue. Positive scissor effect: EBITDA margin improves by +11.9 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 6 k€, i.e. 0.9% 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

673 292 €

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

471 593 €

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

140 355 €

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

73 796 €

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

6 116 €

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

20.8%

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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 35%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 61%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

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

34.679%

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

60.733%

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

-4.869%

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

-3.875

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

12.3%

Solvency indicators evolution
SOCIETE D'EXPLOITATION DES ETABLISSEMENTS SARL PROELEC

Sector positioning

Debt ratio
34.68 2023
2021
2022
2023
Q1: 0.75
Med: 15.34
Q3: 51.58
Average

In 2023, the debt ratio of SOCIETE D'EXPLOITATION DE... (34.68) 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
60.73% 2023
2021
2022
2023
Q1: 11.18%
Med: 33.93%
Q3: 55.23%
Excellent

In 2023, the financial autonomy of SOCIETE D'EXPLOITATION DE... (60.7%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
-3.88 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.09 years
Q3: 1.11 years
Excellent -50 pts over 3 years

In 2023, the repayment capacity of SOCIETE D'EXPLOITATION DE... (-3.88) 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 538.24. 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 0.6x. Danger: operating income does not cover interest charges, unsustainable situation.

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

538.24

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

0.613

Liquidity indicators evolution
SOCIETE D'EXPLOITATION DES ETABLISSEMENTS SARL PROELEC

Sector positioning

Liquidity ratio
538.24 2023
2021
2022
2023
Q1: 153.33
Med: 216.28
Q3: 323.4
Excellent +14 pts over 3 years

In 2023, the liquidity ratio of SOCIETE D'EXPLOITATION DE... (538.24) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
0.61x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.04x
Q3: 1.86x
Good -40 pts over 3 years

In 2023, the interest coverage of SOCIETE D'EXPLOITATION DE... (0.6x) 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: 85 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 36 days. The gap of 49 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 174 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 262 days of revenue, i.e. 490 k€ to permanently finance.

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

489 780 €

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

85 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

36 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

174 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

262 j

WCR and payment terms evolution
SOCIETE D'EXPLOITATION DES ETABLISSEMENTS SARL PROELEC

Positioning of SOCIETE D'EXPLOITATION DES ETABLISSEMENTS SARL PROELEC 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 (25 transactions). This range of 105 060€ to 554 913€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2023
Indicative
105k€ 417k€ 554k€
417 191 € Range: 105 060€ - 554 913€
NAF 5 année 2023

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 25 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'EXPLOITATION DES ETABLISSEMENTS SARL PROELEC 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'EXPLOITATION DES ETABLISSEMENTS SARL PROELEC

What is the revenue of SOCIETE D'EXPLOITATION DES ETABLISSEMENTS SARL PROELEC ?

The revenue of SOCIETE D'EXPLOITATION DES ETABLISSEMENTS SARL PROELEC in 2023 is 673 k€.

Is SOCIETE D'EXPLOITATION DES ETABLISSEMENTS SARL PROELEC profitable?

Yes, SOCIETE D'EXPLOITATION DES ETABLISSEMENTS SARL PROELEC generated a net profit of 6 k€ in 2023.

Where is the headquarters of SOCIETE D'EXPLOITATION DES ETABLISSEMENTS SARL PROELEC ?

The headquarters of SOCIETE D'EXPLOITATION DES ETABLISSEMENTS SARL PROELEC is located in FURIANI (20600).

Where to find the tax return of SOCIETE D'EXPLOITATION DES ETABLISSEMENTS SARL PROELEC ?

The tax return of SOCIETE D'EXPLOITATION DES ETABLISSEMENTS SARL PROELEC 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 SARL PROELEC operate?

SOCIETE D'EXPLOITATION DES ETABLISSEMENTS SARL PROELEC 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.