THERMIQUE SERVICE : revenue, balance sheet and financial ratios

THERMIQUE SERVICE is a French company founded 40 years ago, specialized in the sector Travaux d'installation d'équipements thermiques et de climatisation. Based in PERIGUEUX (24000), this company of category PME shows in 2024 a revenue of 1.3 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-18

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

Financial history - THERMIQUE SERVICE (SIREN 337776876)
Indicator 2025 2024 2023
Revenue N/C 1 305 454 € 1 333 269 €
Net income 198 888 € 196 656 € 204 827 €
EBITDA N/C 276 446 € 254 778 €
Net margin N/C 15.1% 15.4%

Revenue and income statement

In 2025, THERMIQUE SERVICE generates positive net income of 199 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2023-2025: 205 k€ -> 199 k€.

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

198 888 €

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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 5%. 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 81%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

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

4.744%

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

80.566%

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

19.1%

Solvency indicators evolution
THERMIQUE SERVICE

Sector positioning

Debt ratio
4.74 2025
2023
2024
2025
Q1: 3.0
Med: 13.86
Q3: 36.67
Good

In 2025, the debt ratio of THERMIQUE SERVICE (4.74) 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
80.57% 2025
2023
2024
2025
Q1: 25.99%
Med: 46.62%
Q3: 62.61%
Excellent +9 pts over 3 years

In 2025, the financial autonomy of THERMIQUE SERVICE (80.6%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
0.23 years 2024
2023
2024
Q1: 0.0 years
Med: 0.09 years
Q3: 1.03 years
Average +5 pts over 2 years

In 2024, the repayment capacity of THERMIQUE SERVICE (0.23) 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 694.09. 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

694.094

Liquidity indicators evolution
THERMIQUE SERVICE

Sector positioning

Liquidity ratio
694.09 2025
2023
2024
2025
Q1: 162.18
Med: 222.69
Q3: 314.53
Excellent

In 2025, the liquidity ratio of THERMIQUE SERVICE (694.09) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
5.0x 2024
2023
2024
Q1: 0.0x
Med: 0.09x
Q3: 2.3x
Excellent +50 pts over 2 years

In 2024, the interest coverage of THERMIQUE SERVICE (5.0x) 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.

Operating WCR (2025) ?
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

0 €

Customer credit (2025) ?
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

0 j

Supplier credit (2025) ?
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

0 j

Inventory turnover (2025) ?
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 and payment terms evolution
THERMIQUE SERVICE

Positioning of THERMIQUE SERVICE in its sector

Comparison with sector Travaux d'installation d'équipements thermiques et de climatisation

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (38 transactions). This range of 61 251€ to 575 641€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2025
Indicative
61k€ 402k€ 575k€
402 110 € Range: 61 251€ - 575 641€
NAF 5 année 2025

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 38 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 d'installation d'équipements thermiques et de climatisation)

Compare THERMIQUE SERVICE with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux d'installation d'équipements thermiques et de climatisation

Frequently asked questions about THERMIQUE SERVICE

What is the revenue of THERMIQUE SERVICE ?

The revenue of THERMIQUE SERVICE in 2024 is 1.3 M€.

Is THERMIQUE SERVICE profitable?

Yes, THERMIQUE SERVICE generated a net profit of 199 k€ in 2025.

Where is the headquarters of THERMIQUE SERVICE ?

The headquarters of THERMIQUE SERVICE is located in PERIGUEUX (24000), in the department Dordogne.

Where to find the tax return of THERMIQUE SERVICE ?

The tax return of THERMIQUE SERVICE 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 THERMIQUE SERVICE operate?

THERMIQUE SERVICE operates in the sector Travaux d'installation d'équipements thermiques et de climatisation (NAF code 43.22B). See the 'Sector positioning' section above to compare the company with its competitors.