SIREN : 491284006
ADIATE EVOLUTION is a French company founded 19 years ago, specialized in the sector Autres transports routiers de voyageurs . Based in MONTROUGE (92120), this company of category ETI shows in 2024 a revenue of 15.7 M€. 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2016 |
|---|---|---|---|---|---|---|
| Revenue | 15 734 468 € | 16 931 245 € | N/C | N/C | N/C | 11 594 800 € |
| Net income | 3 333 € | 151 640 € | 23 514 € | 42 648 € | -210 133 € | -21 772 € |
| EBITDA | -438 627 € | -221 034 € | N/C | N/C | N/C | -2 571 053 € |
| Net margin | 0.0% | 0.9% | N/C | N/C | N/C | -0.2% |
In 2024, ADIATE EVOLUTION achieves revenue of 15.7 M€. Revenue is growing positively over 6 years (CAGR: +3.9%). Slight decline of -7% vs 2023. After deducting consumption (0 €), gross margin stands at 15.7 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -439 k€, representing -2.8% of revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 3 k€, i.e. 0.0% of revenue. This profit can be retained or distributed to shareholders.
15 734 468 €
15 734 468 €
-438 627 €
175 674 €
3 333 €
-2.8%
The debt ratio (= Financial debt / Equity x 100) stands at 1070%. 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 3%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 60.4 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 0.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
1070.323%
2.645%
0.554%
60.365
54.6%
In 2024, the debt ratio of ADIATE EVOLUTION (1070.32) 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 ADIATE EVOLUTION (2.6%) 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 ADIATE EVOLUTION (60.37) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.
The liquidity ratio (= Current assets / Current liabilities) stands at 136.74. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
136.743
-51.34
In 2024, the liquidity ratio of ADIATE EVOLUTION (136.74) 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 ADIATE EVOLUTION (-51.3x) 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: 275 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 87 days. The gap of 188 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 193 days of revenue, i.e. 8.4 M€ to permanently finance. Over 2016-2024, WCR increased by +145%, requiring additional financing.
8 415 738 €
275 j
87 j
0 j
193 j
Based on 85 transactions of similar company sales
(all years),
the value of ADIATE EVOLUTION is estimated at
1 337 239 €
(range 1 004 701€ - 2 999 653€).
The price/revenue ratio is 0.14x
(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.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 85 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 ADIATE EVOLUTION with other companies in the same sector:
Voir toutes les statistiques du secteur Autres transports routiers de voyageurs
The revenue of ADIATE EVOLUTION in 2024 is 15.7 M€.
Yes, ADIATE EVOLUTION generated a net profit of 3 k€ in 2024.
The headquarters of ADIATE EVOLUTION is located in MONTROUGE (92120), in the department Hauts-de-Seine.
The tax return of ADIATE EVOLUTION 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).
ADIATE EVOLUTION operates in the sector Autres transports routiers de voyageurs (NAF code 49.39B). See the 'Sector positioning' section above to compare the company with its competitors.