SIREN : 341216950
STE THERMALE D USSAT is a French company founded 39 years ago, specialized in the sector Entretien corporel. Based in ORNOLAC-USSAT-LES-BAINS (09400), this company of category PME shows in 2024 a revenue of 2.0 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1 970 112 € | 1 908 422 € | 1 590 992 € | 1 113 357 € | 783 694 € | 1 735 860 € | 1 585 987 € | 1 627 028 € | 1 658 574 € |
| Net income | 134 481 € | -112 032 € | -156 500 € | 17 955 € | -199 629 € | 1 663 € | 20 196 € | 13 994 € | 45 051 € |
| EBITDA | 72 828 € | -108 114 € | -192 080 € | 15 466 € | -179 849 € | 27 011 € | 46 024 € | 37 489 € | 67 919 € |
| Net margin | 6.8% | -5.9% | -9.8% | 1.6% | -25.5% | 0.1% | 1.3% | 0.9% | 2.7% |
In 2024, STE THERMALE D USSAT achieves revenue of 2.0 M€. Revenue is growing positively over 9 years (CAGR: +2.2%). Vs 2023: +3%. After deducting consumption (53 k€), gross margin stands at 1.9 M€, i.e. a rate of 97%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 73 k€, representing 3.7% of revenue. Positive scissor effect: EBITDA margin improves by +9.4 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 134 k€, i.e. 6.8% of revenue. This profit can be retained or distributed to shareholders.
1 970 112 €
1 917 304 €
72 828 €
40 061 €
134 481 €
3.7%
The debt ratio (= Financial debt / Equity x 100) stands at 846%. 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 6%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 8.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
845.737%
5.8%
8.496%
2.095
15.1%
In 2024, the debt ratio of STE THERMALE D USSAT (845.74) 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.
In 2024, the financial autonomy of STE THERMALE D USSAT (5.8%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2024, the repayment capacity of STE THERMALE D USSAT (2.10) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.
The liquidity ratio (= Current assets / Current liabilities) stands at 100.57. 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 10.9x. Operating income very largely covers interest expenses: high safety margin.
100.57
10.928
In 2024, the liquidity ratio of STE THERMALE D USSAT (100.57) 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.
In 2024, the interest coverage of STE THERMALE D USSAT (10.9x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 17 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 107 days. Excellent situation: suppliers finance 90 days of the operating cycle (retail model). Inventory turnover is 2 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 27 days of revenue, i.e. 150 k€ to permanently finance. Notable WCR improvement over the period (-44%), freeing up cash.
149 610 €
17 j
107 j
2 j
27 j
Based on 77 transactions of similar company sales
(all years),
the value of STE THERMALE D USSAT is estimated at
639 368 €
(range 361 942€ - 1 375 424€).
With an EBITDA of 72 828€, the sector multiple of 5.4x is applied.
The price/revenue ratio is 0.53x
(in line with sector norms).
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.
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This estimate is based on the analysis of 77 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare STE THERMALE D USSAT with other companies in the same sector:
The revenue of STE THERMALE D USSAT in 2024 is 2.0 M€.
Yes, STE THERMALE D USSAT generated a net profit of 134 k€ in 2024.
The headquarters of STE THERMALE D USSAT is located in ORNOLAC-USSAT-LES-BAINS (09400), in the department Ariege.
The tax return of STE THERMALE D USSAT 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).
STE THERMALE D USSAT operates in the sector Entretien corporel (NAF code 96.04Z). See the 'Sector positioning' section above to compare the company with its competitors.