SIREN : 894568252
COVAGE INFRA CONCESSIONS is a French company founded 5 years ago, specialized in the sector Télécommunications filaires. Based in COURBEVOIE (92400), this company of category ETI shows in 2024 a revenue of 370 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-09
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Kennzahl | 2024 | 2023 |
|---|---|---|
| Umsatz | 369 517 € | 411 122 € |
| Nettoergebnis | -7 950 470 € | -94 218 787 € |
| EBITDA | -1 173 022 € | -1 123 974 € |
| Nettomarge | -2151.6% | -22917.5% |
In 2024, COVAGE INFRA CONCESSIONS achieves revenue of 370 k€. Significant drop of -10% vs 2023. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -1.2 M€, representing -317.4% of revenue. Warning negative scissor effect: despite revenue change (-10%), EBITDA varies by -4%, reducing margin by 44.1 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -8.0 M€ (-2151.6% of revenue), which will impact equity.
369 517 €
-1 173 022 €
-1 287 407 €
-7 950 470 €
-317.4%
The debt ratio (= Financial debt / Equity x 100) stands at 660%. 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 13%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
660.369%
13.134%
-2178.824%
-27.627
In 2024, the debt ratio of COVAGE INFRA CONCESSIONS (660.37) 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 COVAGE INFRA CONCESSIONS (13.1%) 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 COVAGE INFRA CONCESSIONS (-27.63) 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 26402.07. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
26402.073
-931.686
In 2024, the liquidity ratio of COVAGE INFRA CONCESSIONS (26402.07) 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.
In 2024, the interest coverage of COVAGE INFRA CONCESSIONS (-931.7x) 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: 761 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 24 days. The gap of 737 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 73016 days of revenue, i.e. 74.9 M€ to permanently finance.
74 946 510 €
761 j
24 j
0 j
73016 j
Based on 125 transactions of similar company sales (all years), the value of COVAGE INFRA CONCESSIONS is estimated at 101 646 € (range 79 070€ - 125 681€). The price/revenue ratio is 0.28x (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.
Only this financial indicator is available for this company.
This estimate is based on the analysis of 125 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 COVAGE INFRA CONCESSIONS with other companies in the same sector:
Voir toutes les statistiques du secteur Télécommunications filaires
The revenue of COVAGE INFRA CONCESSIONS in 2024 is 370 k€.
COVAGE INFRA CONCESSIONS recorded a net loss in 2024.
The headquarters of COVAGE INFRA CONCESSIONS is located in COURBEVOIE (92400), in the department Hauts-de-Seine.
The tax return of COVAGE INFRA CONCESSIONS 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).
COVAGE INFRA CONCESSIONS operates in the sector Télécommunications filaires (NAF code 61.10Z). See the 'Sector positioning' section above to compare the company with its competitors.