SIREN : 349943324
ADEQUAT SYSTEME is a French company founded 37 years ago, specialized in the sector Programmation informatique. Based in PISANY (17600), this company of category PME shows in 2024 a revenue of 2.0 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 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1 957 197 € | 2 174 315 € | 2 387 800 € | 2 115 961 € | 2 189 021 € | 2 158 405 € | 1 687 116 € | 1 757 000 € | 1 512 024 € |
| Net income | 23 797 € | 4 412 € | 49 472 € | 754 € | 5 409 € | 60 652 € | 56 213 € | 80 836 € | 104 189 € |
| EBITDA | 102 106 € | 80 763 € | 120 160 € | 61 000 € | 60 301 € | 195 173 € | 118 514 € | 105 360 € | 137 051 € |
| Net margin | 1.2% | 0.2% | 2.1% | 0.0% | 0.2% | 2.8% | 3.3% | 4.6% | 6.9% |
In 2024, ADEQUAT SYSTEME achieves revenue of 2.0 M€. Revenue is growing positively over 9 years (CAGR: +3.3%). Slight decline of -10% vs 2023. After deducting consumption (555 k€), gross margin stands at 1.4 M€, i.e. a rate of 72%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 102 k€, representing 5.2% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 24 k€, i.e. 1.2% of revenue. This profit can be retained or distributed to shareholders.
1 957 197 €
1 402 314 €
102 106 €
31 272 €
23 797 €
5.2%
The debt ratio (= Financial debt / Equity x 100) stands at 83%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 42%. 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 5.1 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 4.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
83.208%
41.555%
4.638%
5.096
54.1%
In 2024, the debt ratio of ADEQUAT SYSTEME (83.21) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2024, the financial autonomy of ADEQUAT SYSTEME (41.5%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.
In 2024, the repayment capacity of ADEQUAT SYSTEME (5.10) 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 90.33. 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 8.5x. Operating income very largely covers interest expenses: high safety margin.
90.331
8.475
In 2024, the liquidity ratio of ADEQUAT SYSTEME (90.33) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.
In 2024, the interest coverage of ADEQUAT SYSTEME (8.5x) 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: 21 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 41 days. Favorable situation: supplier credit is longer than customer credit by 20 days. Inventory turnover is 4 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-12 days): operations structurally generate cash. Notable WCR improvement over the period (-150%), freeing up cash.
-63 628 €
21 j
41 j
4 j
-12 j
Based on 120 transactions of similar company sales (all years), the value of ADEQUAT SYSTEME is estimated at 283 249 € (range 143 858€ - 730 621€). With an EBITDA of 102 106€, the sector multiple of 2.2x is applied. The price/revenue ratio is 0.27x (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.
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This estimate is based on the analysis of 120 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 ADEQUAT SYSTEME with other companies in the same sector:
Voir toutes les statistiques du secteur Programmation informatique
The revenue of ADEQUAT SYSTEME in 2024 is 2.0 M€.
Yes, ADEQUAT SYSTEME generated a net profit of 24 k€ in 2024.
The headquarters of ADEQUAT SYSTEME is located in PISANY (17600), in the department Charente-Maritime.
The tax return of ADEQUAT SYSTEME 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).
ADEQUAT SYSTEME operates in the sector Programmation informatique (NAF code 62.01Z). See the 'Sector positioning' section above to compare the company with its competitors.