SODATEC CITES : revenue, balance sheet and financial ratios

Revenue 2024 13,9 M€ +12 % vs 2023
EBITDA 2024 -165 k€
Net income 2024 -178 k€

SODATEC CITES is a French company founded 48 years ago, specialized in the sector Réparation d'ordinateurs et d'équipements périphériques. Based in RUELLE-SUR-TOUVRE (16600), this company of category PME shows in 2024 a revenue of 13,9 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

At a glance (2024) : revenue 13,9 M€, EBITDA -165 k€ (-1.2 % of revenue), net income -178 k€. Balance sheet : equity -81 k€, financial debt 37 k€, cash 606 k€.

Data updated on 2026-10-17

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Synthèse

Santé financière : Fragile

Signal structurel : capitaux propres négatifs ; exploitation déficitaire (EBE négatif).

In summary, SODATEC CITES is currently loss-making, which weighs on its accounts. Its financial structure is severely weakened: equity is negative. Point of attention: short-term liquidity is tight.

Financial history - SODATEC CITES (SIREN 314525569) · amounts in thousands of euros (€k)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 13 939 12 474 14 348 16 174 15 019 18 336 17 240 12 311 11 372
Net income -178 -83 -30 -725 -856 580 171 478 394
EBITDA -165 -885 -1 386 -993 -648 1 225 374 839 536
Gross margin 13 577 12 160 13 877 15 185 13 973 17 365 16 439 11 975 10 967
Operating income -19 -1 062 -1 838 -1 229 -839 1 048 219 742 422
Net margin -1,3 % -0,7 % -0,2 % -4,5 % -5,7 % 3,2 % 1,0 % 3,9 % 3,5 %
Equity -81 97 180 210 935 2 371 2 075 2 381 2 293
Financial debt 37 — 676 1 904 1 217 750 90 12 7
Cash 606 23 519 120 988 1 159 910 1 369 1 935
Tax returns Download accounts (CSV / Excel)

Revenue and income statement

In 2024, SODATEC CITES achieves revenue of 13.9 M€. Activity remains stable over the period (CAGR: -1.8%). Vs 2023, growth of +12% (12.5 M€ -> 13.9 M€). After deducting consumption (362 k€), gross margin stands at 13.6 M€, i.e. a rate of 97%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -165 k€, representing -1.2% of revenue. Positive scissor effect: EBITDA margin improves by +5.9 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -178 k€ (-1.3% of revenue), which will impact equity.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

13 939 411 €

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

13 577 444 €

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

-165 377 €

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

-19 376 €

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

-177 833 €

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

-1,2 %

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

Warning: the company shows negative equity (accumulated losses exceed its capital). This is a major financial weakness which makes debt and autonomy ratios non-meaningful. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.1 years of cash flow to repay all financial debt.

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

Non significatif

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

Non significatif

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

-2,7 %

Repayment capacity (2022) ?
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

2,1 ans

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

20,8 %

Solvency indicators evolution
SODATEC CITES

Sector positioning

Debt ratio
375,7% 2022
Q1: 0,3%
Med: 17,4%
Q3: 67,1%
Watch

In 2022, the debt ratio of SODATEC CITES (375,7%) fait partie des 25 % les plus élevés du secteur. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
2,5% 2023
Q1: 7,3%
Med: 33,7%
Q3: 54,5%
Watch 3,9 % → 2,5 % depuis 2022

In 2023, the financial autonomy of SODATEC CITES (2,5%) 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
2,1 years 2022
Q1: 0,0 years
Med: 0,2 years
Q3: 1,6 years
Watch

In 2022, the repayment capacity of SODATEC CITES (2,07) fait partie des 25 % les plus élevés du secteur. 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 0.93. Alert: short-term debt exceeds current assets. Risk of payment difficulties without cash reinforcement.

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

0,93

Liquidity indicators evolution
SODATEC CITES

Sector positioning

Liquidity ratio
0,93 2024
Q1: 1,27
Med: 1,94
Q3: 3,89
Watch 1,1 → 0,9 depuis 2022

In 2024, the liquidity ratio of SODATEC CITES (0,93) 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.

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: 43 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 61 days. Favorable situation: supplier credit is longer than customer credit by 18 days. Inventory turnover is 4 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 15 days of revenue, i.e. 592 k€ to permanently finance. Between 2021 and 2024, WCR improved by 64 days of revenue, 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

591 728 €

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

43 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

61 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

4 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

15 j

WCR and payment terms evolution
SODATEC CITES

Positioning of SODATEC CITES in its sector

Comparison with sector Réparation d'ordinateurs et d'équipements périphériques

Similar companies (Réparation d'ordinateurs et d'équipements périphériques)

Compare SODATEC CITES with other companies in the same sector:

Voir toutes les statistiques du secteur Réparation d'ordinateurs et d'équipements périphériques

Top companies in Réparation d'ordinateurs et d'équipements périphériques

Largest companies by revenue in the sector Réparation d'ordinateurs et d'équipements périphériques:

Top companies in Charente

Largest companies by revenue in the department Charente:

Voir le classement complet du département Charente

Frequently asked questions about SODATEC CITES

What is the revenue of SODATEC CITES ?

The revenue of SODATEC CITES in 2024 is 13,9 M€.

Is SODATEC CITES profitable?

SODATEC CITES recorded a net loss in 2024.

Where is the headquarters of SODATEC CITES ?

The headquarters of SODATEC CITES is located in RUELLE-SUR-TOUVRE (16600), in the department Charente.

Where to find the tax return of SODATEC CITES ?

The tax return of SODATEC CITES 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 SODATEC CITES operate?

SODATEC CITES operates in the sector Réparation d'ordinateurs et d'équipements périphériques (NAF code 95.11Z). See the 'Sector positioning' section above to compare the company with its competitors.