SIREN : 904335064
WANECQUE is a French company founded 4 years ago, specialized in the sector Installation de structures métalliques, chaudronnées et de tuyauterie. Based in MERIGNAC (33700), this company of category ETI shows in 2024 a revenue of 3.3 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
| Indicator | 2024 | 2023 | 2021 |
|---|---|---|---|
| Revenue | 3 270 319 € | 3 131 364 € | 454 356 € |
| Net income | 866 913 € | -451 452 € | -79 882 € |
| EBITDA | -469 637 € | -193 347 € | -67 355 € |
| Net margin | 26.5% | -14.4% | -17.6% |
In 2024, WANECQUE achieves revenue of 3.3 M€. Over the period 2021-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +93.1%. Vs 2023: +4%. After deducting consumption (623 k€), gross margin stands at 2.6 M€, i.e. a rate of 81%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -470 k€, representing -14.4% of revenue. Warning negative scissor effect: despite revenue change (+4%), EBITDA varies by -143%, reducing margin by 8.2 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 867 k€, i.e. 26.5% of revenue. This profit can be retained or distributed to shareholders.
3 270 319 €
2 647 107 €
-469 637 €
-641 632 €
866 913 €
-14.3%
The debt ratio (= Financial debt / Equity x 100) stands at 1226%. 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 4%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
1225.915%
3.935%
-19.241%
-1.781
56.7%
In 2024, the debt ratio of WANECQUE (1225.91) 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 WANECQUE (3.9%) 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.
In 2024, the repayment capacity of WANECQUE (-1.78) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.
The liquidity ratio (= Current assets / Current liabilities) stands at 142.49. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
142.487
-30.627
In 2024, the liquidity ratio of WANECQUE (142.49) 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.
In 2024, the interest coverage of WANECQUE (-30.6x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 108 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 65 days. The gap of 43 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 20 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 71 days of revenue, i.e. 649 k€ to permanently finance. Over 2021-2024, WCR increased by +79%, requiring additional financing.
649 387 €
108 j
65 j
20 j
71 j
Based on 98 transactions of similar company sales
(all years),
the value of WANECQUE is estimated at
1 314 919 €
(range 486 500€ - 2 384 682€).
The price/revenue ratio is 0.18x
(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.
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This estimate is based on the analysis of 98 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 WANECQUE with other companies in the same sector:
The revenue of WANECQUE in 2024 is 3.3 M€.
Yes, WANECQUE generated a net profit of 867 k€ in 2024.
The headquarters of WANECQUE is located in MERIGNAC (33700), in the department Gironde.
The tax return of WANECQUE 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).
WANECQUE operates in the sector Installation de structures métalliques, chaudronnées et de tuyauterie (NAF code 33.20A). See the 'Sector positioning' section above to compare the company with its competitors.