SIREN : 538107079
WATTECO is a French company founded 14 years ago, specialized in the sector Fabrication d'instrumentation scientifique et technique. Based in LANESTER (56600), this company of category PME shows in 2024 a revenue of 5.3 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-08-08
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
Aucun signal de fragilité majeur : rentabilité positive et structure financière équilibrée.
In summary, WATTECO combines a growing business with positive profitability. Its financial structure is fragile, with debt above sector norms — a point to monitor.
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5 275 815 € | 5 951 905 € | 4 187 967 € | 4 087 207 € | 2 914 979 € | 2 858 363 € | 2 337 640 € | 2 510 026 € | 2 485 045 € |
| Net income | 58 008 € | 199 231 € | -80 700 € | -160 761 € | -124 658 € | 714 € | 1 998 € | -303 766 € | -490 028 € |
| EBITDA | 58 797 € | 239 920 € | -43 067 € | -137 410 € | -203 727 € | -140 991 € | -445 835 € | -637 649 € | -608 131 € |
| Net margin | 1.1% | 3.3% | -1.9% | -3.9% | -4.3% | 0.0% | 0.1% | -12.1% | -19.7% |
In 2024, WATTECO achieves revenue of 5.3 M€. Over the period 2020-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +16.0%. Significant drop of -11% vs 2023. After deducting consumption (2.8 M€), gross margin stands at 2.5 M€, i.e. a rate of 47%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 59 k€, representing 1.1% of revenue. Warning negative scissor effect: despite revenue change (-11%), EBITDA varies by -75%, reducing margin by 2.9 pts. This reflects costs rising faster than revenue. This ratio is less favorable than the sector median (8.9%) and warrants attention. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 58 k€, i.e. 1.1% of revenue. This profit can be retained or distributed to shareholders.
5 275 815 €
2 473 702 €
58 797 €
15 840 €
58 008 €
1.1%
The debt ratio (= Financial debt / Equity x 100) stands at 95%. This ratio is less favorable than the sector median (10.9%) and warrants attention. Financial autonomy (= Equity / Total assets x 100) reaches 31%. This ratio is less favorable than the sector median (55.1%) and warrants attention. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 7.0 years of cash flow to repay all financial debt. This ratio is slightly less favorable than the sector median (0.3 years). Cash flow represents 2.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This ratio is slightly less favorable than the sector median (8.1%).
94.89%
30.66%
2.9%
6.99
21.5%
In 2024, the debt ratio of WATTECO (94.9%) 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 WATTECO (30.7%) 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 2023, the repayment capacity of WATTECO (1.71) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 2.10. This ratio is slightly less favorable than the sector median (2.9). The interest coverage ratio (= EBIT / Interest expenses) is 50.0x. Compared with its sector, this ratio places the company among the best positioned (sector median: 1.6x).
2.1
49.98
In 2024, the liquidity ratio of WATTECO (2.10) 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.
In 2024, the interest coverage of WATTECO (50.0x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 63 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 85 days. Favorable situation: supplier credit is longer than customer credit by 22 days. Inventory turnover is 137 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 188 days of revenue, i.e. 2.8 M€ to permanently finance. Between 2021 and 2024, WCR worsened by 79 days of revenue, signaling an increased financing need.
2 753 870 €
63 j
85 j
137 j
188 j
Indicative estimate only : the number of comparable transactions in this sector is limited (29 transactions). This range of 174 001€ to 2 002 369€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 29 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 WATTECO with other companies in the same sector:
Voir toutes les statistiques du secteur Fabrication d'instrumentation scientifique et technique
Largest companies by revenue in the sector Fabrication d'instrumentation scientifique et technique:
Largest companies by revenue in the department Morbihan:
The revenue of WATTECO in 2024 is 5.3 M€.
Yes, WATTECO generated a net profit of 58 k€ in 2024.
The headquarters of WATTECO is located in LANESTER (56600), in the department Morbihan.
The tax return of WATTECO 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).
WATTECO operates in the sector Fabrication d'instrumentation scientifique et technique (NAF code 26.51B). See the 'Sector positioning' section above to compare the company with its competitors.