S.RESEAUX ENVIRONNEMENT : revenue, balance sheet and financial ratios

S.RESEAUX ENVIRONNEMENT is a French company founded 8 years ago, specialized in the sector Travaux de terrassement courants et travaux préparatoires. Based in CASTELNAUDARY (11400), this company of category PME shows in 2023 a revenue of 3.2 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 - S.RESEAUX ENVIRONNEMENT (SIREN 837531573)
Indicator 2023 2022 2021 2020 2019
Revenue 3 240 720 € 2 827 428 € 1 414 623 € 924 405 € 556 655 €
Net income 82 087 € 82 014 € 57 084 € 7 688 € 3 390 €
EBITDA 67 287 € 77 217 € 69 653 € 7 673 € -4 872 €
Net margin 2.5% 2.9% 4.0% 0.8% 0.6%

Revenue and income statement

In 2023, S.RESEAUX ENVIRONNEMENT achieves revenue of 3.2 M€. Over the period 2019-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +55.3%. Vs 2022, growth of +15% (2.8 M€ -> 3.2 M€). After deducting consumption (677 k€), gross margin stands at 2.6 M€, i.e. a rate of 79%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 67 k€, representing 2.1% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 82 k€, i.e. 2.5% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

3 240 720 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

2 563 713 €

EBITDA (2023) ?
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

67 287 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

108 775 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

82 087 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

2.1%

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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 51%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 24%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 3.1 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 1.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

50.982%

Financial autonomy (2023) ?
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

23.911%

Cash flow / Revenue (2023) ?
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

1.222%

Repayment capacity (2023) ?
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

3.137

Asset age ratio (2023) ?
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

69.3%

Solvency indicators evolution
S.RESEAUX ENVIRONNEMENT

Sector positioning

Debt ratio
50.98 2023
2021
2022
2023
Q1: 7.85
Med: 36.01
Q3: 94.84
Average -19 pts over 3 years

In 2023, the debt ratio of S.RESEAUX ENVIRONNEMENT (50.98) 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
23.91% 2023
2021
2022
2023
Q1: 19.68%
Med: 37.72%
Q3: 54.76%
Average +6 pts over 3 years

In 2023, the financial autonomy of S.RESEAUX ENVIRONNEMENT (23.9%) 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
3.14 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.69 years
Q3: 2.28 years
Average

In 2023, the repayment capacity of S.RESEAUX ENVIRONNEMENT (3.14) 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 140.94. 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 8.9x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2023) ?
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

140.943

Interest coverage (2023) ?
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

8.942

Liquidity indicators evolution
S.RESEAUX ENVIRONNEMENT

Sector positioning

Liquidity ratio
140.94 2023
2021
2022
2023
Q1: 140.28
Med: 196.99
Q3: 296.56
Average

In 2023, the liquidity ratio of S.RESEAUX ENVIRONNEMENT (140.94) 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
8.94x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.82x
Q3: 3.69x
Excellent

In 2023, the interest coverage of S.RESEAUX ENVIRONNEMENT (8.9x) 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: 49 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 75 days. Favorable situation: supplier credit is longer than customer credit by 26 days. Inventory turnover is 12 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 65 days of revenue, i.e. 582 k€ to permanently finance. Over 2019-2023, WCR increased by +164%, requiring additional financing.

Operating WCR (2023) ?
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

581 742 €

Customer credit (2023) ?
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

49 j

Supplier credit (2023) ?
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

75 j

Inventory turnover (2023) ?
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

12 j

WCR in days of revenue (2023) ?
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

65 j

WCR and payment terms evolution
S.RESEAUX ENVIRONNEMENT

Positioning of S.RESEAUX ENVIRONNEMENT in its sector

Comparison with sector Travaux de terrassement courants et travaux préparatoires

Valuation estimate

Based on 120 transactions of similar company sales (all years), the value of S.RESEAUX ENVIRONNEMENT is estimated at 322 225 € (range 144 463€ - 756 753€). With an EBITDA of 67 287€, the sector multiple of 1.4x is applied. The price/revenue ratio is 0.22x (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 2023
120 transactions
144k€ 322k€ 756k€
322 225 € Range: 144 463€ - 756 753€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
67 287 € × 1.4x
Estimation 92 398 €
21 874€ - 244 883€
Revenue Multiple 30%
3 240 720 € × 0.22x
Estimation 727 708 €
391 423€ - 1 575 838€
Net Income Multiple 20%
82 087 € × 3.5x
Estimation 288 571 €
80 501€ - 807 803€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 120 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 de terrassement courants et travaux préparatoires)

Compare S.RESEAUX ENVIRONNEMENT with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux de terrassement courants et travaux préparatoires

Frequently asked questions about S.RESEAUX ENVIRONNEMENT

What is the revenue of S.RESEAUX ENVIRONNEMENT ?

The revenue of S.RESEAUX ENVIRONNEMENT in 2023 is 3.2 M€.

Is S.RESEAUX ENVIRONNEMENT profitable?

Yes, S.RESEAUX ENVIRONNEMENT generated a net profit of 82 k€ in 2023.

Where is the headquarters of S.RESEAUX ENVIRONNEMENT ?

The headquarters of S.RESEAUX ENVIRONNEMENT is located in CASTELNAUDARY (11400), in the department Aude.

Where to find the tax return of S.RESEAUX ENVIRONNEMENT ?

The tax return of S.RESEAUX ENVIRONNEMENT 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 S.RESEAUX ENVIRONNEMENT operate?

S.RESEAUX ENVIRONNEMENT operates in the sector Travaux de terrassement courants et travaux préparatoires (NAF code 43.12A). See the 'Sector positioning' section above to compare the company with its competitors.