SIREN : 823060405
ALTIS DEVELOPPEMENT is a French company founded 9 years ago, specialized in the sector Programmation informatique. Based in BRUGES (33520), this company of category ETI shows in 2022 a revenue of 1.2 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 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|
| Revenue | 1 172 328 € | 1 940 038 € | 1 651 530 € | 1 399 006 € | 1 231 278 € | N/C |
| Net income | 51 592 € | 42 420 € | 40 837 € | 46 307 € | 61 349 € | -4 041 € |
| EBITDA | -83 219 € | 204 925 € | 278 289 € | 277 003 € | 216 387 € | -4 041 € |
| Net margin | 4.4% | 2.2% | 2.5% | 3.3% | 5.0% | N/C |
In 2022, ALTIS DEVELOPPEMENT achieves revenue of 1.2 M€. Activity remains stable over the period (CAGR: -1.2%). Significant drop of -40% vs 2021. After deducting consumption (0 €), gross margin stands at 1.2 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 -83 k€, representing -7.1% of revenue. Warning negative scissor effect: despite revenue change (-40%), EBITDA varies by -141%, reducing margin by 17.7 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 52 k€, i.e. 4.4% of revenue. This profit can be retained or distributed to shareholders.
1 172 328 €
1 172 328 €
-83 219 €
64 933 €
51 592 €
-7.1%
The debt ratio (= Financial debt / Equity x 100) stands at 199%. 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 10%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
198.515%
10.248%
-8.426%
-5.194
39.6%
In 2022, the debt ratio of ALTIS DEVELOPPEMENT (198.51) 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 2022, the financial autonomy of ALTIS DEVELOPPEMENT (10.2%) 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 2022, the repayment capacity of ALTIS DEVELOPPEMENT (-5.19) 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 114.58. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
114.583
-1.236
In 2022, the liquidity ratio of ALTIS DEVELOPPEMENT (114.58) 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 2022, the interest coverage of ALTIS DEVELOPPEMENT (-1.2x) 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: 386 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 44 days. The gap of 342 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 0 days of revenue, i.e. 961 € to permanently finance.
961 €
386 j
44 j
0 j
0 j
Based on 120 transactions of similar company sales (all years), the value of ALTIS DEVELOPPEMENT is estimated at 235 468 € (range 127 272€ - 589 918€). 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 ALTIS DEVELOPPEMENT with other companies in the same sector:
Voir toutes les statistiques du secteur Programmation informatique
The revenue of ALTIS DEVELOPPEMENT in 2022 is 1.2 M€.
Yes, ALTIS DEVELOPPEMENT generated a net profit of 52 k€ in 2022.
The headquarters of ALTIS DEVELOPPEMENT is located in BRUGES (33520), in the department Gironde.
The tax return of ALTIS DEVELOPPEMENT 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).
ALTIS DEVELOPPEMENT operates in the sector Programmation informatique (NAF code 62.01Z). See the 'Sector positioning' section above to compare the company with its competitors.