SPIE BATIGNOLLES ENERGIE GRAND SUD : revenue, balance sheet and financial ratios

SPIE BATIGNOLLES ENERGIE GRAND SUD is a French company founded 53 years ago, specialized in the sector Travaux d'installation d'équipements thermiques et de climatisation. Based in AIX-EN-PROVENCE (13290), this company of category GE shows in 2024 a revenue of 18.1 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 GRAND SUD (SIREN 073801631)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 18 066 232 € 21 466 095 € 25 791 026 € 22 072 454 € 18 703 385 € 24 333 217 € 20 649 109 € 17 294 182 € 14 384 728 €
Net income -3 578 962 € -3 188 706 € 589 508 € 722 395 € 623 938 € -227 376 € 372 926 € 498 212 € -408 435 €
EBITDA -3 321 225 € -2 244 864 € 631 702 € 879 110 € 486 062 € -246 936 € 390 636 € 369 567 € -615 733 €
Net margin -19.8% -14.9% 2.3% 3.3% 3.3% -0.9% 1.8% 2.9% -2.8%

Revenue and income statement

In 2024, SPIE BATIGNOLLES ENERGIE GRAND SUD achieves revenue of 18.1 M€. Revenue is growing positively over 9 years (CAGR: +2.9%). Significant drop of -16% vs 2023. After deducting consumption (0 €), gross margin stands at 18.1 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 -3.3 M€, representing -18.4% of revenue. Warning negative scissor effect: despite revenue change (-16%), EBITDA varies by -48%, reducing margin by 7.9 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -3.6 M€ (-19.8% 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

18 066 232 €

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

18 066 232 €

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

-3 321 225 €

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

-3 347 647 €

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

-3 578 962 €

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

-18.4%

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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 8%. 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

1.071%

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

8.076%

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

-19.063%

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

-0.004

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

28.4%

Solvency indicators evolution
SPIE BATIGNOLLES ENERGIE GRAND SUD

Sector positioning

Debt ratio
1.07 2024
2022
2023
2024
Q1: 0.99
Med: 13.19
Q3: 41.12
Good

In 2024, the debt ratio of SPIE BATIGNOLLES ENERGIE ... (1.07) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
8.08% 2024
2022
2023
2024
Q1: 17.51%
Med: 38.8%
Q3: 57.71%
Average

In 2024, the financial autonomy of SPIE BATIGNOLLES ENERGIE ... (8.1%) 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: 0.09 years
Q3: 1.04 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 128.08. 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

128.082

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

-7.213

Liquidity indicators evolution
SPIE BATIGNOLLES ENERGIE GRAND SUD

Sector positioning

Liquidity ratio
128.08 2024
2022
2023
2024
Q1: 154.23
Med: 215.06
Q3: 312.46
Watch

In 2024, the liquidity ratio of SPIE BATIGNOLLES ENERGIE ... (128.08) 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
-7.21x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.09x
Q3: 2.3x
Average -36 pts over 3 years

In 2024, the interest coverage of SPIE BATIGNOLLES ENERGIE ... (-7.2x) 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: 203 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 150 days. The gap of 53 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 203 days of revenue, i.e. 10.2 M€ to permanently finance. Over 2016-2024, WCR increased by +138%, 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

10 207 602 €

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

203 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

150 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

203 j

WCR and payment terms evolution
SPIE BATIGNOLLES ENERGIE GRAND SUD

Positioning of SPIE BATIGNOLLES ENERGIE GRAND SUD in its sector

Comparison with sector Travaux d'installation d'équipements thermiques et de climatisation

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (28 transactions). This range of 2 069 988€ to 3 184 004€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
2069k€ 2876k€ 3184k€
2 876 298 € Range: 2 069 988€ - 3 184 004€
NAF 5 année 2024

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 28 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 (Travaux d'installation d'équipements thermiques et de climatisation)

Compare SPIE BATIGNOLLES ENERGIE GRAND SUD with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux d'installation d'équipements thermiques et de climatisation

Frequently asked questions about SPIE BATIGNOLLES ENERGIE GRAND SUD

What is the revenue of SPIE BATIGNOLLES ENERGIE GRAND SUD ?

The revenue of SPIE BATIGNOLLES ENERGIE GRAND SUD in 2024 is 18.1 M€.

Is SPIE BATIGNOLLES ENERGIE GRAND SUD profitable?

SPIE BATIGNOLLES ENERGIE GRAND SUD recorded a net loss in 2024.

Where is the headquarters of SPIE BATIGNOLLES ENERGIE GRAND SUD ?

The headquarters of SPIE BATIGNOLLES ENERGIE GRAND SUD is located in AIX-EN-PROVENCE (13290), in the department Bouches-du-Rhone.

Where to find the tax return of SPIE BATIGNOLLES ENERGIE GRAND SUD ?

The tax return of SPIE BATIGNOLLES ENERGIE GRAND SUD 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 GRAND SUD operate?

SPIE BATIGNOLLES ENERGIE GRAND SUD operates in the sector Travaux d'installation d'équipements thermiques et de climatisation (NAF code 43.22B). See the 'Sector positioning' section above to compare the company with its competitors.