SPIE BATIGNOLLES VALERIAN : revenue, balance sheet and financial ratios

SPIE BATIGNOLLES VALERIAN is a French company founded 42 years ago, specialized in the sector Travaux de terrassement spécialisés ou de grande masse. Based in SORGUES (84700), this company of category GE shows in 2024 a revenue of 123.3 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

Financial history - SPIE BATIGNOLLES VALERIAN (SIREN 329426340)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 123 262 069 € 149 404 477 € 150 892 851 € 128 935 430 € 123 828 555 € 164 876 235 € 171 436 148 € 143 279 781 € 104 246 767 €
Net income -2 071 272 € 1 560 579 € 1 891 427 € 2 160 724 € -53 067 € -4 334 601 € -2 128 872 € 490 120 € 258 538 €
EBITDA 6 887 158 € -2 940 304 € -490 104 € 1 802 855 € 2 488 232 € -765 960 € -628 706 € -5 193 669 € 225 095 €
Net margin -1.7% 1.0% 1.3% 1.7% -0.0% -2.6% -1.2% 0.3% 0.2%

Revenue and income statement

In 2024, SPIE BATIGNOLLES VALERIAN achieves revenue of 123.3 M€. Revenue is growing positively over 9 years (CAGR: +2.1%). Significant drop of -17% vs 2023. After deducting consumption (-1 €), gross margin stands at 123.3 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 6.9 M€, representing 5.6% of revenue. Positive scissor effect: EBITDA margin improves by +7.6 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -2.1 M€ (-1.7% 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

123 262 069 €

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

123 262 070 €

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

6 887 158 €

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

11 180 354 €

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

-2 071 272 €

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

5.6%

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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 154%. 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 5%. 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

153.71%

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

5.319%

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

-3.461%

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

-2.021

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

18.2%

Solvency indicators evolution
SPIE BATIGNOLLES VALERIAN

Sector positioning

Debt ratio
153.71 2024
2022
2023
2024
Q1: 5.66
Med: 28.81
Q3: 82.19
Watch +21 pts over 3 years

In 2024, the debt ratio of SPIE BATIGNOLLES VALERIAN (153.71) 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
5.32% 2024
2022
2023
2024
Q1: 17.97%
Med: 35.52%
Q3: 56.51%
Watch

In 2024, the financial autonomy of SPIE BATIGNOLLES VALERIAN (5.3%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.

Repayment capacity
-2.02 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.64 years
Q3: 2.23 years
Excellent

In 2024, the repayment capacity of SPIE BATIGNOLLES VALERIAN (-2.02) 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 139.25. 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 17.0x. Operating income very largely covers interest expenses: high safety margin.

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

139.245

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

17.007

Liquidity indicators evolution
SPIE BATIGNOLLES VALERIAN

Sector positioning

Liquidity ratio
139.25 2024
2022
2023
2024
Q1: 128.74
Med: 194.39
Q3: 280.98
Average +6 pts over 3 years

In 2024, the liquidity ratio of SPIE BATIGNOLLES VALERIAN (139.25) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
17.01x 2024
2022
2023
2024
Q1: 0.0x
Med: 1.51x
Q3: 6.2x
Excellent +50 pts over 3 years

In 2024, the interest coverage of SPIE BATIGNOLLES VALERIAN (17.0x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

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: 129 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 97 days. The gap of 32 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 27 days of revenue, i.e. 9.4 M€ to permanently finance. Over 2016-2024, WCR increased by +159%, 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

9 403 663 €

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

129 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

97 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

27 j

WCR and payment terms evolution
SPIE BATIGNOLLES VALERIAN

Positioning of SPIE BATIGNOLLES VALERIAN in its sector

Comparison with sector Travaux de terrassement spécialisés ou de grande masse

Similar companies (Travaux de terrassement spécialisés ou de grande masse)

Compare SPIE BATIGNOLLES VALERIAN with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux de terrassement spécialisés ou de grande masse

Frequently asked questions about SPIE BATIGNOLLES VALERIAN

What is the revenue of SPIE BATIGNOLLES VALERIAN ?

The revenue of SPIE BATIGNOLLES VALERIAN in 2024 is 123.3 M€.

Is SPIE BATIGNOLLES VALERIAN profitable?

SPIE BATIGNOLLES VALERIAN recorded a net loss in 2024.

Where is the headquarters of SPIE BATIGNOLLES VALERIAN ?

The headquarters of SPIE BATIGNOLLES VALERIAN is located in SORGUES (84700), in the department Vaucluse.

Where to find the tax return of SPIE BATIGNOLLES VALERIAN ?

The tax return of SPIE BATIGNOLLES VALERIAN 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 VALERIAN operate?

SPIE BATIGNOLLES VALERIAN operates in the sector Travaux de terrassement spécialisés ou de grande masse (NAF code 43.12B). See the 'Sector positioning' section above to compare the company with its competitors.