SPIE BATIGNOLLES ENERGIE - BORJA : revenue, balance sheet and financial ratios

SPIE BATIGNOLLES ENERGIE - BORJA is a French company founded 60 years ago, specialized in the sector Construction de réseaux électriques et de télécommunications. Based in LESPINASSE (31150), this company of category GE shows in 2024 a revenue of 1.9 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 - SPIE BATIGNOLLES ENERGIE - BORJA (SIREN 660800467)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 1 855 649 € 1 730 957 € 2 136 782 € 3 473 550 € 4 354 478 € 4 803 193 € 6 546 192 € 6 150 279 € 5 932 117 €
Net income -202 617 € -488 052 € -417 456 € -384 706 € -315 122 € -673 758 € -1 404 116 € -145 916 € -58 735 €
EBITDA -182 774 € -500 143 € -514 549 € -651 852 € -279 080 € -661 427 € -484 520 € -393 669 € 18 739 €
Net margin -10.9% -28.2% -19.5% -11.1% -7.2% -14.0% -21.4% -2.4% -1.0%

Revenue and income statement

In 2024, SPIE BATIGNOLLES ENERGIE - BORJA achieves revenue of 1.9 M€. Revenue is declining over the period 2016-2024 (CAGR: -13.5%). Vs 2023: +7%. After deducting consumption (0 €), gross margin stands at 1.9 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -183 k€, representing -9.8% of revenue. Positive scissor effect: EBITDA margin improves by +19.0 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -203 k€ (-10.9% 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

1 855 649 €

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

1 855 649 €

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

-182 774 €

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

-187 452 €

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

-202 617 €

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

-9.8%

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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 0%. 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 16%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

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

0.0%

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

15.981%

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

-10.73%

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

0.0

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

2.3%

Solvency indicators evolution
SPIE BATIGNOLLES ENERGIE - BORJA

Sector positioning

Debt ratio
0.0 2024
2022
2023
2024
Q1: 0.01
Med: 10.59
Q3: 57.34
Excellent

In 2024, the debt ratio of SPIE BATIGNOLLES ENERGIE ... (0.00) 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
15.98% 2024
2022
2023
2024
Q1: 9.37%
Med: 24.02%
Q3: 46.92%
Average

In 2024, the financial autonomy of SPIE BATIGNOLLES ENERGIE ... (16.0%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
0.0 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.02 years
Q3: 1.19 years
Excellent

In 2024, the repayment capacity of SPIE BATIGNOLLES ENERGIE ... (0.00) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 127.67. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

127.671

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

-8.296

Liquidity indicators evolution
SPIE BATIGNOLLES ENERGIE - BORJA

Sector positioning

Liquidity ratio
127.67 2024
2022
2023
2024
Q1: 144.08
Med: 203.1
Q3: 276.81
Watch

In 2024, the liquidity ratio of SPIE BATIGNOLLES ENERGIE ... (127.67) 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
-8.3x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.16x
Q3: 4.32x
Average

In 2024, the interest coverage of SPIE BATIGNOLLES ENERGIE ... (-8.3x) 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: 199 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 177 days. The company must finance 22 days of gap between collections and payments. Overall, WCR represents 150 days of revenue, i.e. 772 k€ to permanently finance. Notable WCR improvement over the period (-53%), 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

772 451 €

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

199 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

177 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

0 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

150 j

WCR and payment terms evolution
SPIE BATIGNOLLES ENERGIE - BORJA

Positioning of SPIE BATIGNOLLES ENERGIE - BORJA in its sector

Comparison with sector Construction de réseaux électriques et de télécommunications

Similar companies (Construction de réseaux électriques et de télécommunications)

Compare SPIE BATIGNOLLES ENERGIE - BORJA with other companies in the same sector:

Voir toutes les statistiques du secteur Construction de réseaux électriques et de télécommunications

Frequently asked questions about SPIE BATIGNOLLES ENERGIE - BORJA

What is the revenue of SPIE BATIGNOLLES ENERGIE - BORJA ?

The revenue of SPIE BATIGNOLLES ENERGIE - BORJA in 2024 is 1.9 M€.

Is SPIE BATIGNOLLES ENERGIE - BORJA profitable?

SPIE BATIGNOLLES ENERGIE - BORJA recorded a net loss in 2024.

Where is the headquarters of SPIE BATIGNOLLES ENERGIE - BORJA ?

The headquarters of SPIE BATIGNOLLES ENERGIE - BORJA is located in LESPINASSE (31150), in the department Haute-Garonne.

Where to find the tax return of SPIE BATIGNOLLES ENERGIE - BORJA ?

The tax return of SPIE BATIGNOLLES ENERGIE - BORJA 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 SPIE BATIGNOLLES ENERGIE - BORJA operate?

SPIE BATIGNOLLES ENERGIE - BORJA operates in the sector Construction de réseaux électriques et de télécommunications (NAF code 42.22Z). See the 'Sector positioning' section above to compare the company with its competitors.