WEST INDUSTRIES SERVICES EQUIPEMENTS : revenue, balance sheet and financial ratios

WEST INDUSTRIES SERVICES EQUIPEMENTS is a French company founded 17 years ago, specialized in the sector Conseil pour les affaires et autres conseils de gestion. Based in ZONZA (20124), this company of category PME shows in 2023 a revenue of 209 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

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

Financial history - WEST INDUSTRIES SERVICES EQUIPEMENTS (SIREN 509990768)
Indicator 2023 2022 2021 2019 2018 2017 2016
Revenue 209 300 € 194 700 € 234 943 € 195 603 € 170 572 € 144 861 € 131 655 €
Net income 205 019 € 273 410 € 395 173 € 194 550 € 150 939 € 166 524 € 166 835 €
EBITDA 5 713 € -26 618 € -2 562 € 4 146 € 3 237 € -252 € -2 468 €
Net margin 98.0% 140.4% 168.2% 99.5% 88.5% 115.0% 126.7%

Revenue and income statement

In 2023, WEST INDUSTRIES SERVICES EQUIPEMENTS achieves revenue of 209 k€. Over the period 2016-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +6.8%. Vs 2022: +7%. After deducting consumption (0 €), gross margin stands at 209 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 6 k€, representing 2.7% of revenue. Positive scissor effect: EBITDA margin improves by +16.4 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 205 k€, i.e. 98.0% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

209 300 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

209 300 €

EBITDA (2023) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

5 713 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

5 712 €

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

205 019 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

2.7%

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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 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 98%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 98.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

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

0.346%

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

98.497%

Cash flow / Revenue (2023) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

97.955%

Repayment capacity (2023) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

0.048

Solvency indicators evolution
WEST INDUSTRIES SERVICES EQUIPEMENTS

Sector positioning

Debt ratio
0.35 2023
2021
2022
2023
Q1: 0.0
Med: 4.57
Q3: 46.64
Good

In 2023, the debt ratio of WEST INDUSTRIES SERVICES ... (0.35) 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
98.5% 2023
2021
2022
2023
Q1: 4.34%
Med: 38.5%
Q3: 74.88%
Excellent

In 2023, the financial autonomy of WEST INDUSTRIES SERVICES ... (98.5%) 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
0.05 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.0 years
Q3: 1.06 years
Average

In 2023, the repayment capacity of WEST INDUSTRIES SERVICES ... (0.05) 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 1540.84. 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

1540.841

Interest coverage (2023) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

0.0

Liquidity indicators evolution
WEST INDUSTRIES SERVICES EQUIPEMENTS

Sector positioning

Liquidity ratio
1540.84 2023
2021
2022
2023
Q1: 139.65
Med: 306.13
Q3: 898.97
Excellent

In 2023, the liquidity ratio of WEST INDUSTRIES SERVICES ... (1540.84) 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
0.0x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.0x
Q3: 0.24x
Average

In 2023, the interest coverage of WEST INDUSTRIES SERVICES ... (0.0x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 41 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 0 days. The gap of 41 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 767 days of revenue, i.e. 446 k€ to permanently finance. Over 2016-2023, WCR increased by +892%, requiring additional financing.

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

445 899 €

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

41 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 in days of revenue (2023) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

767 j

WCR and payment terms evolution
WEST INDUSTRIES SERVICES EQUIPEMENTS

Positioning of WEST INDUSTRIES SERVICES EQUIPEMENTS in its sector

Comparison with sector Conseil pour les affaires et autres conseils de gestion

Valuation estimate

Based on 66 transactions of similar company sales in 2023, the value of WEST INDUSTRIES SERVICES EQUIPEMENTS is estimated at 335 689 € (range 159 917€ - 813 896€). With an EBITDA of 5 713€, the sector multiple of 4.0x is applied. The price/revenue ratio is 0.63x (in line with sector norms). 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.

Estimated enterprise value 2023
66 tx
159k€ 335k€ 813k€
335 689 € Range: 159 917€ - 813 896€
NAF 5 année 2023

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
5 713 € × 4.0x
Estimation 22 617 €
4 193€ - 33 152€
Revenue Multiple 30%
209 300 € × 0.63x
Estimation 132 351 €
57 099€ - 207 424€
Net Income Multiple 20%
205 019 € × 6.9x
Estimation 1 423 382 €
703 458€ - 3 675 467€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 66 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 (Conseil pour les affaires et autres conseils de gestion)

Compare WEST INDUSTRIES SERVICES EQUIPEMENTS with other companies in the same sector:

Voir toutes les statistiques du secteur Conseil pour les affaires et autres conseils de gestion

Frequently asked questions about WEST INDUSTRIES SERVICES EQUIPEMENTS

What is the revenue of WEST INDUSTRIES SERVICES EQUIPEMENTS ?

The revenue of WEST INDUSTRIES SERVICES EQUIPEMENTS in 2023 is 209 k€.

Is WEST INDUSTRIES SERVICES EQUIPEMENTS profitable?

Yes, WEST INDUSTRIES SERVICES EQUIPEMENTS generated a net profit of 205 k€ in 2023.

Where is the headquarters of WEST INDUSTRIES SERVICES EQUIPEMENTS ?

The headquarters of WEST INDUSTRIES SERVICES EQUIPEMENTS is located in ZONZA (20124).

Where to find the tax return of WEST INDUSTRIES SERVICES EQUIPEMENTS ?

The tax return of WEST INDUSTRIES SERVICES EQUIPEMENTS 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 WEST INDUSTRIES SERVICES EQUIPEMENTS operate?

WEST INDUSTRIES SERVICES EQUIPEMENTS operates in the sector Conseil pour les affaires et autres conseils de gestion (NAF code 70.22Z). See the 'Sector positioning' section above to compare the company with its competitors.