THERMO-CHAUFFAGE : revenue, balance sheet and financial ratios

THERMO-CHAUFFAGE is a French company founded 26 years ago, specialized in the sector Travaux d'installation d'eau et de gaz en tous locaux. Based in VILLEJUST (91140), this company of category PME shows in 2021 a revenue of 2.3 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 - THERMO-CHAUFFAGE (SIREN 429379704)
Indicator 2023 2021 2020 2018
Revenue N/C 2 288 660 € N/C 834 659 €
Net income 103 514 € 104 028 € 170 886 € 8 748 €
EBITDA N/C 160 505 € -1 995 329 € 959 €
Net margin N/C 4.5% N/C 1.0%

Revenue and income statement

In 2023, THERMO-CHAUFFAGE generates positive net income of 104 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2018-2023: 9 k€ -> 104 k€.

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

103 514 €

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 2%. 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 49%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

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

1.742%

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

48.504%

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

30.1%

Solvency indicators evolution
THERMO-CHAUFFAGE

Sector positioning

Debt ratio
1.74 2023
2020
2021
2023
Q1: 1.67
Med: 17.71
Q3: 55.25
Good

In 2023, the debt ratio of THERMO-CHAUFFAGE (1.74) 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
48.5% 2023
2020
2021
2023
Q1: 11.53%
Med: 34.4%
Q3: 54.98%
Good +38 pts over 3 years

In 2023, the financial autonomy of THERMO-CHAUFFAGE (48.5%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
0.2 years 2021
2020
2021
Q1: 0.0 years
Med: 0.1 years
Q3: 1.45 years
Average +27 pts over 2 years

In 2021, the repayment capacity of THERMO-CHAUFFAGE (0.20) 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 168.51. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

168.513

Liquidity indicators evolution
THERMO-CHAUFFAGE

Sector positioning

Liquidity ratio
168.51 2023
2020
2021
2023
Q1: 155.64
Med: 216.86
Q3: 318.57
Average +6 pts over 3 years

In 2023, the liquidity ratio of THERMO-CHAUFFAGE (168.51) 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
0.18x 2021
2020
2021
Q1: 0.0x
Med: 0.06x
Q3: 1.45x
Good +27 pts over 2 years

In 2021, the interest coverage of THERMO-CHAUFFAGE (0.2x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

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 (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

0 €

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

0 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

0 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

0 j

WCR and payment terms evolution
THERMO-CHAUFFAGE

Positioning of THERMO-CHAUFFAGE in its sector

Comparison with sector Travaux d'installation d'eau et de gaz en tous locaux

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (26 transactions). This range of 121 040€ to 629 971€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2023
Indicative
121k€ 237k€ 629k€
237 214 € Range: 121 040€ - 629 971€
NAF 5 année 2023

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 26 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'eau et de gaz en tous locaux)

Compare THERMO-CHAUFFAGE with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux d'installation d'eau et de gaz en tous locaux

Frequently asked questions about THERMO-CHAUFFAGE

What is the revenue of THERMO-CHAUFFAGE ?

The revenue of THERMO-CHAUFFAGE in 2021 is 2.3 M€.

Is THERMO-CHAUFFAGE profitable?

Yes, THERMO-CHAUFFAGE generated a net profit of 104 k€ in 2023.

Where is the headquarters of THERMO-CHAUFFAGE ?

The headquarters of THERMO-CHAUFFAGE is located in VILLEJUST (91140), in the department Essonne.

Where to find the tax return of THERMO-CHAUFFAGE ?

The tax return of THERMO-CHAUFFAGE 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 THERMO-CHAUFFAGE operate?

THERMO-CHAUFFAGE operates in the sector Travaux d'installation d'eau et de gaz en tous locaux (NAF code 43.22A). See the 'Sector positioning' section above to compare the company with its competitors.