SIREN : 412397531
WATELET TP is a French company founded 28 years ago, specialized in the sector Construction de routes et autoroutes. Based in GENNEVILLIERS (92230), this company of category GE shows in 2024 a revenue of 97.2 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 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 97 150 434 € | 93 188 492 € | 73 945 765 € | 69 595 198 € | 81 231 071 € | 69 059 946 € | 61 611 976 € | 56 833 579 € |
| Net income | 5 758 629 € | 3 652 237 € | 1 348 169 € | 959 020 € | 1 334 313 € | 1 174 583 € | 962 777 € | 938 934 € |
| EBITDA | 3 036 675 € | 1 014 902 € | -1 059 461 € | -411 921 € | 1 396 294 € | -2 204 559 € | 246 614 € | -2 193 156 € |
| Net margin | 5.9% | 3.9% | 1.8% | 1.4% | 1.6% | 1.7% | 1.6% | 1.7% |
In 2024, WATELET TP achieves revenue of 97.2 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +6.9%. Vs 2023: +4%. After deducting consumption (13.6 M€), gross margin stands at 83.5 M€, i.e. a rate of 86%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 3.0 M€, representing 3.1% of revenue. Positive scissor effect: EBITDA margin improves by +2.0 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 5.8 M€, i.e. 5.9% of revenue. This profit can be retained or distributed to shareholders.
97 150 434 €
83 541 672 €
3 036 675 €
4 185 776 €
5 758 629 €
3.1%
The debt ratio (= Financial debt / Equity x 100) stands at 0%. 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 13%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Cash flow represents 3.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
0.0%
13.16%
3.221%
0.0
25.6%
In 2024, the debt ratio of WATELET TP (0.00) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.
In 2024, the financial autonomy of WATELET TP (13.2%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2024, the repayment capacity of WATELET TP (0.00) 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 208.39. 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 0.2x. Danger: operating income does not cover interest charges, unsustainable situation.
208.386
0.225
In 2024, the liquidity ratio of WATELET TP (208.39) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.
In 2024, the interest coverage of WATELET TP (0.2x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 60 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 47 days. The company must finance 13 days of gap between collections and payments. Overall, WCR represents 2 days of revenue, i.e. 421 k€ to permanently finance. Notable WCR improvement over the period (-90%), freeing up cash.
420 661 €
60 j
47 j
0 j
2 j
Based on 67 transactions of similar company sales
(all years),
the value of WATELET TP is estimated at
5 143 483 €
(range 3 206 932€ - 13 397 688€).
With an EBITDA of 3 036 675€, the sector multiple of 0.6x is applied.
The price/revenue ratio is 0.13x
(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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 67 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 WATELET TP with other companies in the same sector:
Voir toutes les statistiques du secteur Construction de routes et autoroutes
The revenue of WATELET TP in 2024 is 97.2 M€.
Yes, WATELET TP generated a net profit of 5.8 M€ in 2024.
The headquarters of WATELET TP is located in GENNEVILLIERS (92230), in the department Hauts-de-Seine.
The tax return of WATELET TP 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).
WATELET TP operates in the sector Construction de routes et autoroutes (NAF code 42.11Z). See the 'Sector positioning' section above to compare the company with its competitors.