Les données financières de cette entreprise sont partiellement disponibles (liasse simplifiée ou données confidentielles). Certaines sections ne sont pas affichées.

SUBSTANCE : revenue, balance sheet and financial ratios

SUBSTANCE is a French company founded 5 years ago, specialized in the sector Dépollution et autres services de gestion des déchets. Based in BRIVE-LA-GAILLARDE (19100), this company of category PME shows in 2025 a net income negative of -32 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - SUBSTANCE (SIREN 893359307)
Indicator 2025 2024 2023 2022
Revenue N/C N/C N/C N/C
Net income -32 182 € 95 452 € 45 916 € 53 770 €
EBITDA N/C N/C N/C N/C
Net margin N/C N/C N/C N/C

Revenue and income statement

In 2025, SUBSTANCE records a net loss of 32 k€. This deficit will reduce equity on the balance sheet.

Net income (2025) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-32 182 €

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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 20%. 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 18%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2025) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

19.559%

Financial autonomy (2025) ?
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

17.733%

Asset age ratio (2025) ?
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

13.0%

Solvency indicators evolution
SUBSTANCE

Sector positioning

Debt ratio
19.56 2025
2023
2024
2025
Q1: 7.92
Med: 19.56
Q3: 49.38
Good -24 pts over 3 years

In 2025, the debt ratio of SUBSTANCE (19.56) 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
17.73% 2025
2023
2024
2025
Q1: 19.52%
Med: 37.1%
Q3: 52.7%
Watch

In 2025, the financial autonomy of SUBSTANCE (17.7%) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 135.07. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2025) ?
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

135.073

Liquidity indicators evolution
SUBSTANCE

Sector positioning

Liquidity ratio
135.07 2025
2023
2024
2025
Q1: 149.7
Med: 189.94
Q3: 240.47
Watch

In 2025, the liquidity ratio of SUBSTANCE (135.07) 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.

Positioning of SUBSTANCE in its sector

Comparison with sector Dépollution et autres services de gestion des déchets

Similar companies (Dépollution et autres services de gestion des déchets)

Compare SUBSTANCE with other companies in the same sector:

Voir toutes les statistiques du secteur Dépollution et autres services de gestion des déchets

Frequently asked questions about SUBSTANCE

What is the revenue of SUBSTANCE ?

The revenue of SUBSTANCE is not publicly disclosed (confidential accounts filed with INPI).

Is SUBSTANCE profitable?

SUBSTANCE recorded a net loss in 2025.

Where is the headquarters of SUBSTANCE ?

The headquarters of SUBSTANCE is located in BRIVE-LA-GAILLARDE (19100), in the department Correze.

Where to find the tax return of SUBSTANCE ?

The tax return of SUBSTANCE 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 SUBSTANCE operate?

SUBSTANCE operates in the sector Dépollution et autres services de gestion des déchets (NAF code 39.00Z). See the 'Sector positioning' section above to compare the company with its competitors.