APPLICATION SYSTEME : revenue, balance sheet and financial ratios

APPLICATION SYSTEME is a French company founded 20 years ago, specialized in the sector Commerce de gros (commerce interentreprises) de matériel électrique. Based in LAFITTE-VIGORDANE (31390), this company of category PME shows in 2023 a revenue of 717 k€. 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

Financial history - APPLICATION SYSTEME (SIREN 489493056)
Indicator 2025 2024 2023 2020 2019 2018 2017
Revenue N/C N/C 716 637 € 999 583 € 833 240 € 972 095 € 1 085 234 €
Net income -9 661 € -33 370 € 9 744 € 27 234 € 29 014 € 36 481 € 16 571 €
EBITDA N/C N/C 19 382 € 57 204 € 36 423 € 52 143 € 29 893 €
Net margin N/C N/C 1.4% 2.7% 3.5% 3.8% 1.5%

Revenue and income statement

In 2025, APPLICATION SYSTEME records a net loss of 10 k€. This deficit will reduce equity on the balance sheet.

Net income (2025) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-9 661 €

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

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 34%. The balance between equity and debt is satisfactory.

Debt ratio (2025) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

82.692%

Financial autonomy (2025) ?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy
20-30% : Average
< 20% : Low

33.683%

Solvency indicators evolution
APPLICATION SYSTEME

Sector positioning

Debt ratio
82.69 2025
2023
2024
2025
Q1: 0.84
Med: 10.11
Q3: 39.79
Watch

In 2025, the debt ratio of APPLICATION SYSTEME (82.69) 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.

Financial autonomy
33.68% 2025
2023
2024
2025
Q1: 29.93%
Med: 50.37%
Q3: 68.8%
Average -10 pts over 3 years

In 2025, the financial autonomy of APPLICATION SYSTEME (33.7%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
9.92 years 2023
2023
Q1: 0.0 years
Med: 0.07 years
Q3: 1.36 years
Watch

In 2023, the repayment capacity of APPLICATION SYSTEME (9.92) 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.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.

Operating WCR (2025) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

0 €

Customer credit (2025) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

0 j

Supplier credit (2025) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

0 j

Inventory turnover (2025) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

0 j

WCR and payment terms evolution
APPLICATION SYSTEME

Positioning of APPLICATION SYSTEME in its sector

Comparison with sector Commerce de gros (commerce interentreprises) de matériel électrique

Similar companies (Commerce de gros (commerce interentreprises) de matériel électrique)

Compare APPLICATION SYSTEME with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de gros (commerce interentreprises) de matériel électrique

Frequently asked questions about APPLICATION SYSTEME

What is the revenue of APPLICATION SYSTEME ?

The revenue of APPLICATION SYSTEME in 2023 is 717 k€.

Is APPLICATION SYSTEME profitable?

APPLICATION SYSTEME recorded a net loss in 2025.

Where is the headquarters of APPLICATION SYSTEME ?

The headquarters of APPLICATION SYSTEME is located in LAFITTE-VIGORDANE (31390), in the department Haute-Garonne.

Where to find the tax return of APPLICATION SYSTEME ?

The tax return of APPLICATION 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).

In which sector does APPLICATION SYSTEME operate?

APPLICATION SYSTEME operates in the sector Commerce de gros (commerce interentreprises) de matériel électrique (NAF code 46.69A). See the 'Sector positioning' section above to compare the company with its competitors.