SPIE BATIGNOLLES LE FOLL TP : revenue, balance sheet and financial ratios

SPIE BATIGNOLLES LE FOLL TP is a French company founded 42 years ago, specialized in the sector Construction de routes et autoroutes. Based in CORNEVILLE-SUR-RISLE (27500), this company of category GE shows in 2024 a revenue of 65.8 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 LE FOLL TP (SIREN 332506005)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 65 772 563 € 71 546 837 € 47 310 236 € 43 037 733 € 36 981 409 € 37 852 903 € 28 773 991 € 47 228 207 € 54 951 807 €
Net income -6 464 444 € 22 218 € -1 637 571 € -2 923 605 € 104 527 € 168 456 € -1 475 722 € -1 277 517 € 790 579 €
EBITDA -5 737 070 € 1 643 075 € -712 557 € -2 034 420 € 704 173 € 1 251 930 € 89 010 € -2 301 122 € -844 004 €
Net margin -9.8% 0.0% -3.5% -6.8% 0.3% 0.4% -5.1% -2.7% 1.4%

Revenue and income statement

In 2024, SPIE BATIGNOLLES LE FOLL TP achieves revenue of 65.8 M€. Revenue is growing positively over 9 years (CAGR: +2.3%). Slight decline of -8% vs 2023. After deducting consumption (20.3 M€), gross margin stands at 45.5 M€, i.e. a rate of 69%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -5.7 M€, representing -8.7% of revenue. Warning negative scissor effect: despite revenue change (-8%), EBITDA varies by -449%, reducing margin by 11.0 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -6.5 M€ (-9.8% 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

65 772 563 €

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

45 496 600 €

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

-5 737 070 €

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

-6 174 937 €

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

-6 464 444 €

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

-8.7%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 173%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 14%. 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

173.24%

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

14.042%

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

-9.343%

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

-2.012

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

40.2%

Solvency indicators evolution
SPIE BATIGNOLLES LE FOLL TP

Sector positioning

Debt ratio
173.24 2024
2022
2023
2024
Q1: 1.71
Med: 21.57
Q3: 63.35
Watch

In 2024, the debt ratio of SPIE BATIGNOLLES LE FOLL TP (173.24) 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.

Financial autonomy
14.04% 2024
2022
2023
2024
Q1: 14.32%
Med: 33.76%
Q3: 51.7%
Average

In 2024, the financial autonomy of SPIE BATIGNOLLES LE FOLL TP (14.0%) 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
-2.01 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.34 years
Q3: 1.88 years
Excellent

In 2024, the repayment capacity of SPIE BATIGNOLLES LE FOLL TP (-2.01) 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 106.14. 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

106.139

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

-7.925

Liquidity indicators evolution
SPIE BATIGNOLLES LE FOLL TP

Sector positioning

Liquidity ratio
106.14 2024
2022
2023
2024
Q1: 140.21
Med: 183.24
Q3: 251.75
Watch -6 pts over 3 years

In 2024, the liquidity ratio of SPIE BATIGNOLLES LE FOLL TP (106.14) 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
-7.92x 2024
2022
2023
2024
Q1: -0.03x
Med: 0.84x
Q3: 6.64x
Average

In 2024, the interest coverage of SPIE BATIGNOLLES LE FOLL TP (-7.9x) 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: 95 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 111 days. Favorable situation: supplier credit is longer than customer credit by 16 days. Inventory turnover is 25 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 115 days of revenue, i.e. 21.0 M€ to permanently finance.

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

20 974 213 €

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

95 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

111 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

25 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

115 j

WCR and payment terms evolution
SPIE BATIGNOLLES LE FOLL TP

Positioning of SPIE BATIGNOLLES LE FOLL TP in its sector

Comparison with sector Construction de routes et autoroutes

Valuation estimate

Based on 67 transactions of similar company sales (all years), the value of SPIE BATIGNOLLES LE FOLL TP is estimated at 8 870 321 € (range 5 895 450€ - 16 910 843€). The price/revenue ratio is 0.13x (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.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2024
67 tx
5895k€ 8870k€ 16910k€
8 870 321 € Range: 5 895 450€ - 16 910 843€
NAF 5 all-time

Valuation method used

Revenue Multiple
65 772 563 € × 0.13x = 8 870 322 €
Range: 5 895 450€ - 16 910 844€

Only this financial indicator is available for this company.

How is this estimate calculated?

This estimate is based on the analysis of 67 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 (Construction de routes et autoroutes)

Compare SPIE BATIGNOLLES LE FOLL TP with other companies in the same sector:

Voir toutes les statistiques du secteur Construction de routes et autoroutes

Frequently asked questions about SPIE BATIGNOLLES LE FOLL TP

What is the revenue of SPIE BATIGNOLLES LE FOLL TP ?

The revenue of SPIE BATIGNOLLES LE FOLL TP in 2024 is 65.8 M€.

Is SPIE BATIGNOLLES LE FOLL TP profitable?

SPIE BATIGNOLLES LE FOLL TP recorded a net loss in 2024.

Where is the headquarters of SPIE BATIGNOLLES LE FOLL TP ?

The headquarters of SPIE BATIGNOLLES LE FOLL TP is located in CORNEVILLE-SUR-RISLE (27500), in the department Eure.

Where to find the tax return of SPIE BATIGNOLLES LE FOLL TP ?

The tax return of SPIE BATIGNOLLES LE FOLL TP 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 LE FOLL TP operate?

SPIE BATIGNOLLES LE FOLL TP operates in the sector Construction de routes et autoroutes (NAF code 42.11Z). See the 'Sector positioning' section above to compare the company with its competitors.