SOCIETE INDUSTRIELLE DES PLASTIQUES D AVESNES : revenue, balance sheet and financial ratios

SOCIETE INDUSTRIELLE DES PLASTIQUES D AVESNES is a French company founded 43 years ago, specialized in the sector Fabrication de matériel médico-chirurgical et dentaire. Based in ECOUEN (95440), this company of category ETI shows in 2024 a revenue of 23.2 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 INDUSTRIELLE DES PLASTIQUES D AVESNES (SIREN 326945102)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 23 234 209 € 25 688 468 € 19 801 902 € 17 328 673 € 14 497 010 € 17 611 938 € 19 080 030 € 18 146 602 € 19 165 116 €
Net income 197 976 € 497 796 € 577 396 € 879 253 € -1 125 049 € -647 354 € -10 570 € -87 437 € 153 717 €
EBITDA 1 418 909 € 1 586 133 € 976 875 € 749 093 € -1 049 892 € -348 754 € 89 334 € 61 857 € 572 380 €
Net margin 0.9% 1.9% 2.9% 5.1% -7.8% -3.7% -0.1% -0.5% 0.8%

Revenue and income statement

In 2024, SOCIETE INDUSTRIELLE DES PLASTIQUES D AVESNES achieves revenue of 23.2 M€. Revenue is growing positively over 9 years (CAGR: +2.4%). Slight decline of -10% vs 2023. After deducting consumption (12.0 M€), gross margin stands at 11.2 M€, i.e. a rate of 48%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.4 M€, representing 6.1% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 198 k€, i.e. 0.9% 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

23 234 209 €

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

11 226 875 €

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

1 418 909 €

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

-97 912 €

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

197 976 €

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

6.1%

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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 55%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 51%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 3.1 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 7.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

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

54.7%

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

51.172%

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

7.277%

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

3.11

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

38.6%

Solvency indicators evolution
SOCIETE INDUSTRIELLE DES PLASTIQUES D AVESNES

Sector positioning

Debt ratio
54.7 2024
2022
2023
2024
Q1: 1.92
Med: 18.86
Q3: 55.42
Average +9 pts over 3 years

In 2024, the debt ratio of SOCIETE INDUSTRIELLE DES ... (54.70) 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
51.17% 2024
2022
2023
2024
Q1: 24.8%
Med: 50.27%
Q3: 69.09%
Good

In 2024, the financial autonomy of SOCIETE INDUSTRIELLE DES ... (51.2%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
3.11 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.3 years
Q3: 1.74 years
Watch

In 2024, the repayment capacity of SOCIETE INDUSTRIELLE DES ... (3.11) 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 344.63. 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 3.5x. 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

344.634

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

3.527

Liquidity indicators evolution
SOCIETE INDUSTRIELLE DES PLASTIQUES D AVESNES

Sector positioning

Liquidity ratio
344.63 2024
2022
2023
2024
Q1: 159.64
Med: 253.69
Q3: 429.69
Good

In 2024, the liquidity ratio of SOCIETE INDUSTRIELLE DES ... (344.63) 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
3.53x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.67x
Q3: 4.96x
Good -8 pts over 3 years

In 2024, the interest coverage of SOCIETE INDUSTRIELLE DES ... (3.5x) 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: 45 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 23 days. The company must finance 22 days of gap between collections and payments. Inventory turnover is 91 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 113 days of revenue, i.e. 7.3 M€ to permanently finance. Over 2016-2024, WCR increased by +37%, requiring additional financing.

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

7 311 109 €

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

45 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

23 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

91 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

113 j

WCR and payment terms evolution
SOCIETE INDUSTRIELLE DES PLASTIQUES D AVESNES

Positioning of SOCIETE INDUSTRIELLE DES PLASTIQUES D AVESNES in its sector

Comparison with sector Fabrication de matériel médico-chirurgical et dentaire

Valuation estimate

Based on 57 transactions of similar company sales (all years), the value of SOCIETE INDUSTRIELLE DES PLASTIQUES D AVESNES is estimated at 3 503 013 € (range 1 116 802€ - 6 877 148€). With an EBITDA of 1 418 909€, the sector multiple of 2.5x is applied. The price/revenue ratio is 0.23x (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
57 tx
1116k€ 3503k€ 6877k€
3 503 013 € Range: 1 116 802€ - 6 877 148€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
1 418 909 € × 2.5x
Estimation 3 603 121 €
708 145€ - 6 663 329€
Revenue Multiple 30%
23 234 209 € × 0.23x
Estimation 5 269 527 €
2 449 017€ - 11 025 593€
Net Income Multiple 20%
197 976 € × 3.0x
Estimation 602 972 €
140 123€ - 1 189 033€
How is this estimate calculated?

This estimate is based on the analysis of 57 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 (Fabrication de matériel médico-chirurgical et dentaire)

Compare SOCIETE INDUSTRIELLE DES PLASTIQUES D AVESNES with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication de matériel médico-chirurgical et dentaire

Frequently asked questions about SOCIETE INDUSTRIELLE DES PLASTIQUES D AVESNES

What is the revenue of SOCIETE INDUSTRIELLE DES PLASTIQUES D AVESNES ?

The revenue of SOCIETE INDUSTRIELLE DES PLASTIQUES D AVESNES in 2024 is 23.2 M€.

Is SOCIETE INDUSTRIELLE DES PLASTIQUES D AVESNES profitable?

Yes, SOCIETE INDUSTRIELLE DES PLASTIQUES D AVESNES generated a net profit of 198 k€ in 2024.

Where is the headquarters of SOCIETE INDUSTRIELLE DES PLASTIQUES D AVESNES ?

The headquarters of SOCIETE INDUSTRIELLE DES PLASTIQUES D AVESNES is located in ECOUEN (95440), in the department Val-d'Oise.

Where to find the tax return of SOCIETE INDUSTRIELLE DES PLASTIQUES D AVESNES ?

The tax return of SOCIETE INDUSTRIELLE DES PLASTIQUES D AVESNES 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 INDUSTRIELLE DES PLASTIQUES D AVESNES operate?

SOCIETE INDUSTRIELLE DES PLASTIQUES D AVESNES operates in the sector Fabrication de matériel médico-chirurgical et dentaire (NAF code 32.50A). See the 'Sector positioning' section above to compare the company with its competitors.