TEXEN CEICA INDUSTRIE : revenue, balance sheet and financial ratios

TEXEN CEICA INDUSTRIE is a French company founded 26 years ago, specialized in the sector Fabrication d'emballages en matières plastiques. Based in BRION (01460), this company of category ETI shows in 2020 a revenue of 17.3 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 - TEXEN CEICA INDUSTRIE (SIREN 428615512)
Indicator 2020 2019 2018 2017 2016
Revenue 17 268 303 € 17 894 635 € 19 037 514 € 16 254 575 € 16 176 965 €
Net income 110 682 € 410 350 € 793 590 € 852 602 € 952 801 €
EBITDA 1 387 299 € 1 722 941 € 2 227 069 € 1 892 099 € 2 180 147 €
Net margin 0.6% 2.3% 4.2% 5.2% 5.9%

Revenue and income statement

In 2020, TEXEN CEICA INDUSTRIE achieves revenue of 17.3 M€. Revenue is growing positively over 5 years (CAGR: +1.6%). Slight decline of -4% vs 2019. After deducting consumption (5.6 M€), gross margin stands at 11.6 M€, i.e. a rate of 67%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.4 M€, representing 8.0% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 111 k€, i.e. 0.6% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2020) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

17 268 303 €

Gross margin (2020) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

11 638 744 €

EBITDA (2020) ?
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

1 387 299 €

EBIT (2020) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

120 663 €

Net income (2020) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

110 682 €

EBITDA margin (2020) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

8.0%

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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 94%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 35%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 3.3 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 7.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

Debt ratio (2020) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

93.625%

Financial autonomy (2020) ?
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

34.875%

Cash flow / Revenue (2020) ?
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

7.939%

Repayment capacity (2020) ?
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

3.325

Asset age ratio (2020) ?
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

31.2%

Solvency indicators evolution
TEXEN CEICA INDUSTRIE

Sector positioning

Debt ratio
93.62 2020
2018
2019
2020
Q1: 2.12
Med: 33.93
Q3: 83.66
Average

In 2020, the debt ratio of TEXEN CEICA INDUSTRIE (93.62) 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
34.88% 2020
2018
2019
2020
Q1: 28.7%
Med: 45.31%
Q3: 62.19%
Average

In 2020, the financial autonomy of TEXEN CEICA INDUSTRIE (34.9%) 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
3.33 years 2020
2018
2019
2020
Q1: 0.0 years
Med: 1.14 years
Q3: 3.25 years
Average

In 2020, the repayment capacity of TEXEN CEICA INDUSTRIE (3.33) 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 178.67. 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 1.4x. Coverage is limited: any activity downturn would jeopardize interest payments.

Liquidity ratio (2020) ?
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

178.67

Interest coverage (2020) ?
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

1.41

Liquidity indicators evolution
TEXEN CEICA INDUSTRIE

Sector positioning

Liquidity ratio
178.67 2020
2018
2019
2020
Q1: 161.46
Med: 230.33
Q3: 337.9
Average -5 pts over 3 years

In 2020, the liquidity ratio of TEXEN CEICA INDUSTRIE (178.67) 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
1.41x 2020
2018
2019
2020
Q1: 0.2x
Med: 1.5x
Q3: 5.71x
Average

In 2020, the interest coverage of TEXEN CEICA INDUSTRIE (1.4x) 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: 66 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 73 days. Favorable situation: supplier credit is longer than customer credit by 7 days. Inventory turnover is 57 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 116 days of revenue, i.e. 5.5 M€ to permanently finance. Over 2016-2020, WCR increased by +30%, requiring additional financing.

Operating WCR (2020) ?
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

5 541 226 €

Customer credit (2020) ?
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

66 j

Supplier credit (2020) ?
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

73 j

Inventory turnover (2020) ?
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

57 j

WCR in days of revenue (2020) ?
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

116 j

WCR and payment terms evolution
TEXEN CEICA INDUSTRIE

Positioning of TEXEN CEICA INDUSTRIE in its sector

Comparison with sector Fabrication d'emballages en matières plastiques

Valuation estimate

Based on 76 transactions of similar company sales (all years), the value of TEXEN CEICA INDUSTRIE is estimated at 1 968 312 € (range 865 178€ - 3 513 568€). With an EBITDA of 1 387 299€, the sector multiple of 1.3x is applied. The price/revenue ratio is 0.20x (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 2020
76 tx
865k€ 1968k€ 3513k€
1 968 312 € Range: 865 178€ - 3 513 568€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation detail by method

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EBITDA Multiple 50%
1 387 299 € × 1.3x
Estimation 1 751 983 €
698 839€ - 3 889 793€
Revenue Multiple 30%
17 268 303 € × 0.20x
Estimation 3 513 185 €
1 679 475€ - 4 727 883€
Net Income Multiple 20%
110 682 € × 1.7x
Estimation 191 827 €
59 581€ - 751 533€
How is this estimate calculated?

This estimate is based on the analysis of 76 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 (Fabrication d'emballages en matières plastiques)

Compare TEXEN CEICA INDUSTRIE with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication d'emballages en matières plastiques

Frequently asked questions about TEXEN CEICA INDUSTRIE

What is the revenue of TEXEN CEICA INDUSTRIE ?

The revenue of TEXEN CEICA INDUSTRIE in 2020 is 17.3 M€.

Is TEXEN CEICA INDUSTRIE profitable?

Yes, TEXEN CEICA INDUSTRIE generated a net profit of 111 k€ in 2020.

Where is the headquarters of TEXEN CEICA INDUSTRIE ?

The headquarters of TEXEN CEICA INDUSTRIE is located in BRION (01460), in the department Ain.

Where to find the tax return of TEXEN CEICA INDUSTRIE ?

The tax return of TEXEN CEICA INDUSTRIE 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 TEXEN CEICA INDUSTRIE operate?

TEXEN CEICA INDUSTRIE operates in the sector Fabrication d'emballages en matières plastiques (NAF code 22.22Z). See the 'Sector positioning' section above to compare the company with its competitors.