SOCIETE ROUTIERE DU MASSIF CENTRAL ET DU LIMOUSIN : revenue, balance sheet and financial ratios

SOCIETE ROUTIERE DU MASSIF CENTRAL ET DU LIMOUSIN is a French company founded 63 years ago, specialized in the sector Construction de routes et autoroutes. Based in VEBRET (15240), this company of category GE shows in 2024 a revenue of 23.3 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 ROUTIERE DU MASSIF CENTRAL ET DU LIMOUSIN (SIREN 406320085)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 23 270 398 € 20 540 897 € 19 387 914 € 16 009 054 € 14 091 014 € 15 377 251 € 12 120 326 € 12 470 446 € 11 004 615 €
Net income 408 610 € 511 456 € 166 975 € 102 352 € -129 263 € 30 960 € 46 762 € 321 716 € -581 906 €
EBITDA 791 692 € 635 247 € 265 291 € 712 074 € -328 693 € -504 779 € 9 827 215 € 12 583 159 € 11 209 821 €
Net margin 1.8% 2.5% 0.9% 0.6% -0.9% 0.2% 0.4% 2.6% -5.3%

Revenue and income statement

In 2024, SOCIETE ROUTIERE DU MASSIF CENTRAL ET DU LIMOUSIN achieves revenue of 23.3 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +9.8%. Vs 2023, growth of +13% (20.5 M€ -> 23.3 M€). After deducting consumption (8.9 M€), gross margin stands at 14.4 M€, i.e. a rate of 62%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 792 k€, representing 3.4% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 409 k€, i.e. 1.8% 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

23 270 398 €

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

14 364 513 €

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

791 692 €

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

559 716 €

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

408 610 €

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

3.4%

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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 1%. 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 15%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 2.7% 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

0.576%

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

15.384%

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

2.703%

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

0.015

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

13.6%

Solvency indicators evolution
SOCIETE ROUTIERE DU MASSIF CENTRAL ET DU LIMOUSIN

Sector positioning

Debt ratio
0.58 2024
2022
2023
2024
Q1: 1.71
Med: 21.57
Q3: 63.35
Excellent

In 2024, the debt ratio of SOCIETE ROUTIERE DU MASSI... (0.58) 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
15.38% 2024
2022
2023
2024
Q1: 14.32%
Med: 33.76%
Q3: 51.7%
Average

In 2024, the financial autonomy of SOCIETE ROUTIERE DU MASSI... (15.4%) 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
0.01 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.34 years
Q3: 1.88 years
Good

In 2024, the repayment capacity of SOCIETE ROUTIERE DU MASSI... (0.01) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 125.54. 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 0.7x. Danger: operating income does not cover interest charges, unsustainable situation.

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

125.544

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

0.737

Liquidity indicators evolution
SOCIETE ROUTIERE DU MASSIF CENTRAL ET DU LIMOUSIN

Sector positioning

Liquidity ratio
125.54 2024
2022
2023
2024
Q1: 140.21
Med: 183.24
Q3: 251.75
Watch

In 2024, the liquidity ratio of SOCIETE ROUTIERE DU MASSI... (125.54) 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
0.74x 2024
2022
2023
2024
Q1: -0.03x
Med: 0.84x
Q3: 6.64x
Average +8 pts over 3 years

In 2024, the interest coverage of SOCIETE ROUTIERE DU MASSI... (0.7x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

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: 42 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 79 days. Excellent situation: suppliers finance 37 days of the operating cycle (retail model). Inventory turnover is 6 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 36 days of revenue, i.e. 2.3 M€ to permanently finance. Over 2016-2024, WCR increased by +57%, 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

2 316 801 €

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

42 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

79 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

6 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

36 j

WCR and payment terms evolution
SOCIETE ROUTIERE DU MASSIF CENTRAL ET DU LIMOUSIN

Positioning of SOCIETE ROUTIERE DU MASSIF CENTRAL ET DU LIMOUSIN in its sector

Comparison with sector Construction de routes et autoroutes

Valuation estimate

Based on 67 transactions of similar company sales (all years), the value of SOCIETE ROUTIERE DU MASSIF CENTRAL ET DU LIMOUSIN is estimated at 1 189 823 € (range 747 050€ - 2 956 637€). With an EBITDA of 791 692€, the sector multiple of 0.6x is applied. The price/revenue ratio is 0.13x (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
67 tx
747k€ 1189k€ 2956k€
1 189 823 € Range: 747 050€ - 2 956 637€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
791 692 € × 0.6x
Estimation 445 882 €
217 409€ - 2 041 065€
Revenue Multiple 30%
23 270 398 € × 0.13x
Estimation 3 138 329 €
2 085 816€ - 5 983 073€
Net Income Multiple 20%
408 610 € × 0.3x
Estimation 126 919 €
63 004€ - 705 916€
How is this estimate calculated?

This estimate is based on the analysis of 67 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 (Construction de routes et autoroutes)

Compare SOCIETE ROUTIERE DU MASSIF CENTRAL ET DU LIMOUSIN with other companies in the same sector:

Voir toutes les statistiques du secteur Construction de routes et autoroutes

Frequently asked questions about SOCIETE ROUTIERE DU MASSIF CENTRAL ET DU LIMOUSIN

What is the revenue of SOCIETE ROUTIERE DU MASSIF CENTRAL ET DU LIMOUSIN ?

The revenue of SOCIETE ROUTIERE DU MASSIF CENTRAL ET DU LIMOUSIN in 2024 is 23.3 M€.

Is SOCIETE ROUTIERE DU MASSIF CENTRAL ET DU LIMOUSIN profitable?

Yes, SOCIETE ROUTIERE DU MASSIF CENTRAL ET DU LIMOUSIN generated a net profit of 409 k€ in 2024.

Where is the headquarters of SOCIETE ROUTIERE DU MASSIF CENTRAL ET DU LIMOUSIN ?

The headquarters of SOCIETE ROUTIERE DU MASSIF CENTRAL ET DU LIMOUSIN is located in VEBRET (15240), in the department Cantal.

Where to find the tax return of SOCIETE ROUTIERE DU MASSIF CENTRAL ET DU LIMOUSIN ?

The tax return of SOCIETE ROUTIERE DU MASSIF CENTRAL ET DU LIMOUSIN 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 ROUTIERE DU MASSIF CENTRAL ET DU LIMOUSIN operate?

SOCIETE ROUTIERE DU MASSIF CENTRAL ET DU LIMOUSIN operates in the sector Construction de routes et autoroutes (NAF code 42.11Z). See the 'Sector positioning' section above to compare the company with its competitors.