SIREN : 325266807
SOLECO is a French company founded 43 years ago, specialized in the sector Réparation d'équipements électriques. Based in BORGO (20290), this company of category PME shows in 2024 a revenue of 17.9 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 17 928 837 € | 16 716 894 € | 12 366 500 € | 12 217 277 € | 11 322 842 € | 10 782 460 € | 6 996 714 € | 5 248 017 € | 4 113 324 € |
| Net income | 1 458 585 € | 683 656 € | 431 388 € | 686 398 € | 727 904 € | 721 443 € | 254 028 € | 102 882 € | 346 039 € |
| EBITDA | 2 329 156 € | 1 210 932 € | 584 554 € | 1 421 765 € | 1 315 191 € | 756 767 € | 463 793 € | 132 052 € | 408 614 € |
| Net margin | 8.1% | 4.1% | 3.5% | 5.6% | 6.4% | 6.7% | 3.6% | 2.0% | 8.4% |
In 2024, SOLECO achieves revenue of 17.9 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +20.2%. Vs 2023: +7%. After deducting consumption (6.6 M€), gross margin stands at 11.3 M€, i.e. a rate of 63%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 2.3 M€, representing 13.0% of revenue. Positive scissor effect: EBITDA margin improves by +5.7 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.5 M€, i.e. 8.1% of revenue. This profit can be retained or distributed to shareholders.
17 928 837 €
11 315 271 €
2 329 156 €
2 219 898 €
1 458 585 €
13.0%
The debt ratio (= Financial debt / Equity x 100) stands at 79%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 41%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.5 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 8.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
79.317%
40.989%
8.416%
2.477
38.4%
In 2024, the debt ratio of SOLECO (79.32) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.
In 2024, the financial autonomy of SOLECO (41.0%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2024, the repayment capacity of SOLECO (2.48) ranks in the top 25% of the sector. 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 337.76. 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 3.9x. Financial charges are adequately covered by operations.
337.764
3.872
In 2024, the liquidity ratio of SOLECO (337.76) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.
In 2024, the interest coverage of SOLECO (3.9x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 54 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 32 days. The company must finance 22 days of gap between collections and payments. Inventory turnover is 11 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 42 days of revenue, i.e. 2.1 M€ to permanently finance. Over 2016-2024, WCR increased by +49%, requiring additional financing.
2 100 005 €
54 j
32 j
11 j
42 j
Based on 197 transactions of similar company sales (all years), the value of SOLECO is estimated at 4 937 819 € (range 1 914 780€ - 11 324 647€). With an EBITDA of 2 329 156€, the sector multiple of 2.4x is applied. The price/revenue ratio is 0.28x (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.
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This estimate is based on the analysis of 197 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare SOLECO with other companies in the same sector:
Voir toutes les statistiques du secteur Réparation d'équipements électriques
The revenue of SOLECO in 2024 is 17.9 M€.
Yes, SOLECO generated a net profit of 1.5 M€ in 2024.
The headquarters of SOLECO is located in BORGO (20290).
The tax return of SOLECO 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).
SOLECO operates in the sector Réparation d'équipements électriques (NAF code 33.14Z). See the 'Sector positioning' section above to compare the company with its competitors.