SORECA (SOCIETE REGIONALE DE COORDINATION DES ARTISANS) : revenue, balance sheet and financial ratios

SORECA (SOCIETE REGIONALE DE COORDINATION DES ARTISANS) is a French company founded 37 years ago, specialized in the sector Autres activités de soutien aux entreprises n.c.a.. Based in BORDEAUX (33100), this company of category PME shows in 2021 a revenue of 394 k€. 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 - SORECA (SOCIETE REGIONALE DE COORDINATION DES ARTISANS) (SIREN 350243960)
Indicator 2021 2019 2018 2017 2016
Revenue 393 938 € 365 172 € 359 948 € 362 284 € 357 139 €
Net income 24 141 € 10 522 € 23 770 € 33 119 € 12 109 €
EBITDA 35 892 € 14 589 € 28 956 € 45 009 € 17 938 €
Net margin 6.1% 2.9% 6.6% 9.1% 3.4%

Revenue and income statement

In 2021, SORECA (SOCIETE REGIONALE DE COORDINATION DES ARTISANS) achieves revenue of 394 k€. Revenue is growing positively over 5 years (CAGR: +2.0%). Vs 2019: +8%. After deducting consumption (0 €), gross margin stands at 394 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 36 k€, representing 9.1% of revenue. Positive scissor effect: EBITDA margin improves by +5.1 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 24 k€, i.e. 6.1% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2021) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

393 938 €

Gross margin (2021) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

393 938 €

EBITDA (2021) ?
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

35 892 €

EBIT (2021) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

28 334 €

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

24 141 €

EBITDA margin (2021) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

9.0%

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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 42%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 53%. 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 1.8 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 5.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

Debt ratio (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

41.67%

Financial autonomy (2021) ?
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

53.375%

Cash flow / Revenue (2021) ?
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

5.805%

Repayment capacity (2021) ?
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

1.763

Asset age ratio (2021) ?
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

60.3%

Solvency indicators evolution
SORECA (SOCIETE REGIONALE DE COORDINATION DES ARTISANS)

Sector positioning

Debt ratio
41.67 2021
2018
2019
2021
Q1: 0.0
Med: 6.21
Q3: 69.03
Average

In 2021, the debt ratio of SORECA (SOCIETE REGIONALE... (41.67) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
53.38% 2021
2018
2019
2021
Q1: 6.21%
Med: 33.6%
Q3: 66.27%
Good

In 2021, the financial autonomy of SORECA (SOCIETE REGIONALE... (53.4%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
1.76 years 2021
2018
2019
2021
Q1: 0.0 years
Med: 0.0 years
Q3: 1.51 years
Average

In 2021, the repayment capacity of SORECA (SOCIETE REGIONALE... (1.76) 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 328.40. 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 0.2x. Danger: operating income does not cover interest charges, unsustainable situation.

Liquidity ratio (2021) ?
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

328.398

Interest coverage (2021) ?
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

0.245

Liquidity indicators evolution
SORECA (SOCIETE REGIONALE DE COORDINATION DES ARTISANS)

Sector positioning

Liquidity ratio
328.4 2021
2018
2019
2021
Q1: 120.14
Med: 209.97
Q3: 475.96
Good +51 pts over 3 years

In 2021, the liquidity ratio of SORECA (SOCIETE REGIONALE... (328.40) 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
0.24x 2021
2018
2019
2021
Q1: 0.0x
Med: 0.0x
Q3: 0.56x
Good +36 pts over 3 years

In 2021, the interest coverage of SORECA (SOCIETE REGIONALE... (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. Average customer payment term: 39 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 17 days. The company must finance 22 days of gap between collections and payments. Overall, WCR represents 10 days of revenue, i.e. 11 k€ to permanently finance. Notable WCR improvement over the period (-53%), freeing up cash.

Operating WCR (2021) ?
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

11 401 €

Customer credit (2021) ?
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

39 j

Supplier credit (2021) ?
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

17 j

Inventory turnover (2021) ?
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 in days of revenue (2021) ?
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

10 j

WCR and payment terms evolution
SORECA (SOCIETE REGIONALE DE COORDINATION DES ARTISANS)

Positioning of SORECA (SOCIETE REGIONALE DE COORDINATION DES ARTISANS) in its sector

Comparison with sector Autres activités de soutien aux entreprises n.c.a.

Valuation estimate

Based on 131 transactions of similar company sales (all years), the value of SORECA (SOCIETE REGIONALE DE COORDINATION DES ARTISANS) is estimated at 145 186 € (range 51 971€ - 276 515€). With an EBITDA of 35 892€, the sector multiple of 4.8x is applied. The price/revenue ratio is 0.36x (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.

Estimated enterprise value 2021
131 transactions
51k€ 145k€ 276k€
145 186 € Range: 51 971€ - 276 515€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
35 892 € × 4.8x
Estimation 174 069 €
52 268€ - 299 452€
Revenue Multiple 30%
393 938 € × 0.36x
Estimation 140 483 €
70 164€ - 265 539€
Net Income Multiple 20%
24 141 € × 3.3x
Estimation 80 032 €
23 943€ - 235 637€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 131 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 (Autres activités de soutien aux entreprises n.c.a.)

Compare SORECA (SOCIETE REGIONALE DE COORDINATION DES ARTISANS) with other companies in the same sector:

Voir toutes les statistiques du secteur Autres activités de soutien aux entreprises n.c.a.

Frequently asked questions about SORECA (SOCIETE REGIONALE DE COORDINATION DES ARTISANS)

What is the revenue of SORECA (SOCIETE REGIONALE DE COORDINATION DES ARTISANS) ?

The revenue of SORECA (SOCIETE REGIONALE DE COORDINATION DES ARTISANS) in 2021 is 394 k€.

Is SORECA (SOCIETE REGIONALE DE COORDINATION DES ARTISANS) profitable?

Yes, SORECA (SOCIETE REGIONALE DE COORDINATION DES ARTISANS) generated a net profit of 24 k€ in 2021.

Where is the headquarters of SORECA (SOCIETE REGIONALE DE COORDINATION DES ARTISANS) ?

The headquarters of SORECA (SOCIETE REGIONALE DE COORDINATION DES ARTISANS) is located in BORDEAUX (33100), in the department Gironde.

Where to find the tax return of SORECA (SOCIETE REGIONALE DE COORDINATION DES ARTISANS) ?

The tax return of SORECA (SOCIETE REGIONALE DE COORDINATION DES ARTISANS) 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 SORECA (SOCIETE REGIONALE DE COORDINATION DES ARTISANS) operate?

SORECA (SOCIETE REGIONALE DE COORDINATION DES ARTISANS) operates in the sector Autres activités de soutien aux entreprises n.c.a. (NAF code 82.99Z). See the 'Sector positioning' section above to compare the company with its competitors.