SA SCOP CARROSSERIE CAZAUX : revenue, balance sheet and financial ratios

In 2025, SA SCOP CARROSSERIE CAZAUX achieves revenue of 10.4 M€. Revenue is growing positively over 10 years (CAGR: +2.9%). Slight decline of -5% vs 2024. After deducting consumption (4.7 M€), gross margin stands at 5.7 M€, i.e. a rate of 55%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 447 k€, representing 4.3% of revenue. Warning negative scissor effect: despite revenue change (-5%), EBITDA varies by -38%, reducing margin by 2.3 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 268 k€, i.e. 2.6% of revenue. This profit can be retained or distributed to shareholders.

The debt ratio (= Financial debt / Equity x 100) stands at 33%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 52%. 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 3.6 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 3.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

The liquidity ratio (= Current assets / Current liabilities) stands at 284.97. 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 8.6x. Operating income very largely covers interest expenses: high safety margin.

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 82 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 51 days. The gap of 31 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 88 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 145 days of revenue, i.e. 4.2 M€ to permanently finance. Over 2016-2025, WCR increased by +55%, requiring additional financing.

Indicative estimate only : the number of comparable transactions in this sector is limited (31 transactions). This range of 422 306€ to 1 089 154€ is provided for information purposes only and requires in-depth analysis to be confirmed.