SOCIETE NORMANDE ENVIRONNEMENTALE DE TRAVAUX - SNET : revenue, balance sheet and financial ratios

SOCIETE NORMANDE ENVIRONNEMENTALE DE TRAVAUX - SNET is a French company founded 8 years ago, specialized in the sector Travaux de maçonnerie générale et gros œuvre de bâtiment. Based in SAINT-LEONARD (76400), this company of category PME shows in 2024 a revenue of 4.8 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 NORMANDE ENVIRONNEMENTALE DE TRAVAUX - SNET (SIREN 834645475)
Indicator 2024 2023 2022 2021 2020 2019 2018
Revenue 4 783 373 € 3 064 178 € 4 189 377 € 4 937 935 € 5 887 333 € 7 720 169 € 2 468 515 €
Net income 26 593 € 107 215 € -783 182 € -839 000 € 43 633 € 144 561 € 92 758 €
EBITDA 111 063 € 28 589 € -564 379 € -954 359 € -38 848 € 196 433 € 121 849 €
Net margin 0.6% 3.5% -18.7% -17.0% 0.7% 1.9% 3.8%

Revenue and income statement

In 2024, SOCIETE NORMANDE ENVIRONNEMENTALE DE TRAVAUX - SNET achieves revenue of 4.8 M€. Over the period 2018-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +11.7%. Vs 2023, growth of +56% (3.1 M€ -> 4.8 M€). After deducting consumption (1.1 M€), gross margin stands at 3.7 M€, i.e. a rate of 78%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 111 k€, representing 2.3% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 27 k€, i.e. 0.6% 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

4 783 373 €

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

3 726 345 €

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

111 063 €

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

73 237 €

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

26 593 €

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

2.3%

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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 -50%. 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 -50%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 12.1 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 1.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

-50.067%

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

-49.862%

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

1.168%

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

12.143

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

71.8%

Solvency indicators evolution
SOCIETE NORMANDE ENVIRONNEMENTALE DE TRAVAUX - SNET

Sector positioning

Debt ratio
-50.07 2024
2022
2023
2024
Q1: 1.22
Med: 17.24
Q3: 51.22
Excellent

In 2024, the debt ratio of SOCIETE NORMANDE ENVIRONN... (-50.07) 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
-49.86% 2024
2022
2023
2024
Q1: 11.2%
Med: 33.35%
Q3: 54.16%
Average

In 2024, the financial autonomy of SOCIETE NORMANDE ENVIRONN... (-49.9%) 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
12.14 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.04 years
Q3: 1.03 years
Average +50 pts over 3 years

In 2024, the repayment capacity of SOCIETE NORMANDE ENVIRONN... (12.14) 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 70.83. 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 4.1x. 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

70.833

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

4.119

Liquidity indicators evolution
SOCIETE NORMANDE ENVIRONNEMENTALE DE TRAVAUX - SNET

Sector positioning

Liquidity ratio
70.83 2024
2022
2023
2024
Q1: 138.63
Med: 197.26
Q3: 306.79
Watch

In 2024, the liquidity ratio of SOCIETE NORMANDE ENVIRONN... (70.83) 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
4.12x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 2.21x
Excellent +50 pts over 3 years

In 2024, the interest coverage of SOCIETE NORMANDE ENVIRONN... (4.1x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

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: 115 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 90 days. The company must finance 25 days of gap between collections and payments. Inventory turnover is 13 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-16 days): operations structurally generate cash. Notable WCR improvement over the period (-123%), freeing up cash.

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

-212 956 €

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

115 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

90 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

13 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

-16 j

WCR and payment terms evolution
SOCIETE NORMANDE ENVIRONNEMENTALE DE TRAVAUX - SNET

Positioning of SOCIETE NORMANDE ENVIRONNEMENTALE DE TRAVAUX - SNET in its sector

Comparison with sector Travaux de maçonnerie générale et gros œuvre de bâtiment

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (25 transactions). This range of 289 162€ to 857 768€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
289k€ 505k€ 857k€
505 455 € Range: 289 162€ - 857 768€
NAF 5 année 2024

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 de maçonnerie générale et gros œuvre de bâtiment)

Compare SOCIETE NORMANDE ENVIRONNEMENTALE DE TRAVAUX - SNET with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux de maçonnerie générale et gros œuvre de bâtiment

Frequently asked questions about SOCIETE NORMANDE ENVIRONNEMENTALE DE TRAVAUX - SNET

What is the revenue of SOCIETE NORMANDE ENVIRONNEMENTALE DE TRAVAUX - SNET ?

The revenue of SOCIETE NORMANDE ENVIRONNEMENTALE DE TRAVAUX - SNET in 2024 is 4.8 M€.

Is SOCIETE NORMANDE ENVIRONNEMENTALE DE TRAVAUX - SNET profitable?

Yes, SOCIETE NORMANDE ENVIRONNEMENTALE DE TRAVAUX - SNET generated a net profit of 27 k€ in 2024.

Where is the headquarters of SOCIETE NORMANDE ENVIRONNEMENTALE DE TRAVAUX - SNET ?

The headquarters of SOCIETE NORMANDE ENVIRONNEMENTALE DE TRAVAUX - SNET is located in SAINT-LEONARD (76400), in the department Seine-Maritime.

Where to find the tax return of SOCIETE NORMANDE ENVIRONNEMENTALE DE TRAVAUX - SNET ?

The tax return of SOCIETE NORMANDE ENVIRONNEMENTALE DE TRAVAUX - SNET 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 NORMANDE ENVIRONNEMENTALE DE TRAVAUX - SNET operate?

SOCIETE NORMANDE ENVIRONNEMENTALE DE TRAVAUX - SNET operates in the sector Travaux de maçonnerie générale et gros œuvre de bâtiment (NAF code 43.99C). See the 'Sector positioning' section above to compare the company with its competitors.