SOCIETE MERIDIONALE D'ELECTRICITE DU BATIMENT ET DE L'INDUSTRIE : revenue, balance sheet and financial ratios

SOCIETE MERIDIONALE D'ELECTRICITE DU BATIMENT ET DE L'INDUSTRIE is a French company founded 37 years ago, specialized in the sector Travaux d'installation électrique dans tous locaux. Based in MARSEILLE (13004), this company of category PME shows in 2022 a revenue of 6.0 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 MERIDIONALE D'ELECTRICITE DU BATIMENT ET DE L'INDUSTRIE (SIREN 345402374)
Indicator 2024 2023 2022 2019 2018 2017 2016 2015
Revenue N/C N/C 6 029 717 € N/C 5 449 305 € 5 478 961 € 5 466 918 € 4 948 259 €
Net income 591 832 € 501 154 € 481 141 € 722 676 € 511 223 € 450 140 € 559 511 € 463 766 €
EBITDA N/C N/C 643 325 € N/C 762 063 € 615 329 € 884 816 € 602 108 €
Net margin N/C N/C 8.0% N/C 9.4% 8.2% 10.2% 9.4%

Revenue and income statement

In 2024, SOCIETE MERIDIONALE D'ELECTRICITE DU BATIMENT ET DE L'INDUSTRIE generates positive net income of 592 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2015-2024: 464 k€ -> 592 k€.

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

591 832 €

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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 12%. 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 59%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

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

12.06%

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

58.74%

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

9.3%

Solvency indicators evolution
SOCIETE MERIDIONALE D'ELECTRICITE DU BATIMENT ET DE L'INDUSTRIE

Sector positioning

Debt ratio
12.06 2024
2022
2023
2024
Q1: 0.41
Med: 12.02
Q3: 40.38
Good

In 2024, the debt ratio of SOCIETE MERIDIONALE D'ELE... (12.06) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
58.74% 2024
2022
2023
2024
Q1: 12.17%
Med: 36.78%
Q3: 58.23%
Excellent

In 2024, the financial autonomy of SOCIETE MERIDIONALE D'ELE... (58.7%) 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
1.19 years 2022
2022
Q1: 0.0 years
Med: 0.12 years
Q3: 1.46 years
Average

In 2022, the repayment capacity of SOCIETE MERIDIONALE D'ELE... (1.19) 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 232.01. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

232.007

Liquidity indicators evolution
SOCIETE MERIDIONALE D'ELECTRICITE DU BATIMENT ET DE L'INDUSTRIE

Sector positioning

Liquidity ratio
232.01 2024
2022
2023
2024
Q1: 154.2
Med: 223.28
Q3: 341.41
Good -23 pts over 3 years

In 2024, the liquidity ratio of SOCIETE MERIDIONALE D'ELE... (232.01) 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
0.18x 2022
2022
Q1: 0.0x
Med: 0.09x
Q3: 1.78x
Good

In 2022, the interest coverage of SOCIETE MERIDIONALE D'ELE... (0.2x) 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.

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

0 €

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

0 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

0 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 and payment terms evolution
SOCIETE MERIDIONALE D'ELECTRICITE DU BATIMENT ET DE L'INDUSTRIE

Positioning of SOCIETE MERIDIONALE D'ELECTRICITE DU BATIMENT ET DE L'INDUSTRIE 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 390 801€ to 2 171 166€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
390k€ 675k€ 2171k€
675 045 € Range: 390 801€ - 2 171 166€
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 MERIDIONALE D'ELECTRICITE DU BATIMENT ET DE L'INDUSTRIE with other companies in the same sector:

Frequently asked questions about SOCIETE MERIDIONALE D'ELECTRICITE DU BATIMENT ET DE L'INDUSTRIE

What is the revenue of SOCIETE MERIDIONALE D'ELECTRICITE DU BATIMENT ET DE L'INDUSTRIE ?

The revenue of SOCIETE MERIDIONALE D'ELECTRICITE DU BATIMENT ET DE L'INDUSTRIE in 2022 is 6.0 M€.

Is SOCIETE MERIDIONALE D'ELECTRICITE DU BATIMENT ET DE L'INDUSTRIE profitable?

Yes, SOCIETE MERIDIONALE D'ELECTRICITE DU BATIMENT ET DE L'INDUSTRIE generated a net profit of 592 k€ in 2024.

Where is the headquarters of SOCIETE MERIDIONALE D'ELECTRICITE DU BATIMENT ET DE L'INDUSTRIE ?

The headquarters of SOCIETE MERIDIONALE D'ELECTRICITE DU BATIMENT ET DE L'INDUSTRIE is located in MARSEILLE (13004), in the department Bouches-du-Rhone.

Where to find the tax return of SOCIETE MERIDIONALE D'ELECTRICITE DU BATIMENT ET DE L'INDUSTRIE ?

The tax return of SOCIETE MERIDIONALE D'ELECTRICITE DU BATIMENT ET DE L'INDUSTRIE 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 MERIDIONALE D'ELECTRICITE DU BATIMENT ET DE L'INDUSTRIE operate?

SOCIETE MERIDIONALE D'ELECTRICITE DU BATIMENT ET DE L'INDUSTRIE 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.