SOCIETE INDUSTRIELLE DU CAOUTCHOUC ET DES ETUDES MECANIQUES : revenue, balance sheet and financial ratios

SOCIETE INDUSTRIELLE DU CAOUTCHOUC ET DES ETUDES MECANIQUES is a French company founded 62 years ago, specialized in the sector Fabrication d'autres articles en caoutchouc. Based in BRIARE (45250), this company of category PME shows in 2023 a revenue of 2.3 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 INDUSTRIELLE DU CAOUTCHOUC ET DES ETUDES MECANIQUES (SIREN 319048823)
Indicator 2023 2022 2021 2020 2019 2018 2016
Revenue 2 257 998 € 2 048 909 € 2 293 873 € 2 800 209 € 3 086 283 € 3 058 600 € 2 547 790 €
Net income -393 431 € -251 217 € -86 501 € 69 309 € 72 363 € 105 462 € 19 552 €
EBITDA -346 737 € -206 430 € 7 474 € 123 244 € 150 789 € 196 523 € 67 244 €
Net margin -17.4% -12.3% -3.8% 2.5% 2.3% 3.4% 0.8%

Revenue and income statement

In 2023, SOCIETE INDUSTRIELLE DU CAOUTCHOUC ET DES ETUDES MECANIQUES achieves revenue of 2.3 M€. Activity remains stable over the period (CAGR: -1.7%). Vs 2022, growth of +10% (2.0 M€ -> 2.3 M€). After deducting consumption (531 k€), gross margin stands at 1.7 M€, i.e. a rate of 76%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -347 k€, representing -15.4% of revenue. Warning negative scissor effect: despite revenue change (+10%), EBITDA varies by -68%, reducing margin by 5.3 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -393 k€ (-17.4% of revenue), which will impact equity.

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

2 257 998 €

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

1 727 003 €

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

-346 737 €

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

-390 032 €

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

-393 431 €

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

-15.4%

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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 -239%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches -23%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

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

-238.877%

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

-22.526%

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

-15.722%

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

-1.768

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

35.2%

Solvency indicators evolution
SOCIETE INDUSTRIELLE DU CAOUTCHOUC ET DES ETUDES MECANIQUES

Sector positioning

Debt ratio
-238.88 2023
2021
2022
2023
Q1: 1.69
Med: 16.54
Q3: 48.06
Excellent -51 pts over 3 years

In 2023, the debt ratio of SOCIETE INDUSTRIELLE DU C... (-238.88) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
-22.53% 2023
2021
2022
2023
Q1: 34.52%
Med: 53.62%
Q3: 68.02%
Watch

In 2023, the financial autonomy of SOCIETE INDUSTRIELLE DU C... (-22.5%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.

Repayment capacity
-1.77 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.41 years
Q3: 1.3 years
Excellent

In 2023, the repayment capacity of SOCIETE INDUSTRIELLE DU C... (-1.77) 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 59.66. 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

59.655

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

-3.183

Liquidity indicators evolution
SOCIETE INDUSTRIELLE DU CAOUTCHOUC ET DES ETUDES MECANIQUES

Sector positioning

Liquidity ratio
59.66 2023
2021
2022
2023
Q1: 183.6
Med: 270.01
Q3: 388.63
Watch -16 pts over 3 years

In 2023, the liquidity ratio of SOCIETE INDUSTRIELLE DU C... (59.66) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
-3.18x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.85x
Q3: 6.15x
Watch -60 pts over 3 years

In 2023, the interest coverage of SOCIETE INDUSTRIELLE DU C... (-3.2x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

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: 21 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 103 days. Excellent situation: suppliers finance 82 days of the operating cycle (retail model). Inventory turnover is 24 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 19 days of revenue, i.e. 118 k€ to permanently finance. Notable WCR improvement over the period (-70%), freeing up cash.

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

118 477 €

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

21 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

103 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

24 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

19 j

WCR and payment terms evolution
SOCIETE INDUSTRIELLE DU CAOUTCHOUC ET DES ETUDES MECANIQUES

Positioning of SOCIETE INDUSTRIELLE DU CAOUTCHOUC ET DES ETUDES MECANIQUES in its sector

Comparison with sector Fabrication d'autres articles en caoutchouc

Valuation estimate

Based on 80 transactions of similar company sales (all years), the value of SOCIETE INDUSTRIELLE DU CAOUTCHOUC ET DES ETUDES MECANIQUES is estimated at 463 791 € (range 220 548€ - 630 676€). The price/revenue ratio is 0.21x (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 2023
80 tx
220k€ 463k€ 630k€
463 791 € Range: 220 548€ - 630 676€
Section all-time Aggregated at NAF section level

Valuation method used

Revenue Multiple
2 257 998 € × 0.21x = 463 792 €
Range: 220 548€ - 630 676€

Only this financial indicator is available for this company.

How is this estimate calculated?

This estimate is based on the analysis of 80 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 d'autres articles en caoutchouc)

Compare SOCIETE INDUSTRIELLE DU CAOUTCHOUC ET DES ETUDES MECANIQUES with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication d'autres articles en caoutchouc

Frequently asked questions about SOCIETE INDUSTRIELLE DU CAOUTCHOUC ET DES ETUDES MECANIQUES

What is the revenue of SOCIETE INDUSTRIELLE DU CAOUTCHOUC ET DES ETUDES MECANIQUES ?

The revenue of SOCIETE INDUSTRIELLE DU CAOUTCHOUC ET DES ETUDES MECANIQUES in 2023 is 2.3 M€.

Is SOCIETE INDUSTRIELLE DU CAOUTCHOUC ET DES ETUDES MECANIQUES profitable?

SOCIETE INDUSTRIELLE DU CAOUTCHOUC ET DES ETUDES MECANIQUES recorded a net loss in 2023.

Where is the headquarters of SOCIETE INDUSTRIELLE DU CAOUTCHOUC ET DES ETUDES MECANIQUES ?

The headquarters of SOCIETE INDUSTRIELLE DU CAOUTCHOUC ET DES ETUDES MECANIQUES is located in BRIARE (45250), in the department Loiret.

Where to find the tax return of SOCIETE INDUSTRIELLE DU CAOUTCHOUC ET DES ETUDES MECANIQUES ?

The tax return of SOCIETE INDUSTRIELLE DU CAOUTCHOUC ET DES ETUDES MECANIQUES 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 DU CAOUTCHOUC ET DES ETUDES MECANIQUES operate?

SOCIETE INDUSTRIELLE DU CAOUTCHOUC ET DES ETUDES MECANIQUES operates in the sector Fabrication d'autres articles en caoutchouc (NAF code 22.19Z). See the 'Sector positioning' section above to compare the company with its competitors.