+ ASSURANCES : revenue, balance sheet and financial ratios

+ ASSURANCES is a French company founded 10 years ago, specialized in the sector Activités des agents et courtiers d'assurances. Based in PERPIGNAN (66100), this company of category PME shows in 2019 a revenue of 989 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

Financial history - + ASSURANCES (SIREN 811719053)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017
Revenue N/C N/C N/C N/C N/C 988 892 € 1 117 473 € 743 953 €
Net income 292 594 € 222 176 € 242 658 € 100 195 € 120 665 € -225 009 € -1 657 € -1 147 €
EBITDA N/C N/C N/C N/C N/C -188 406 € 20 028 € 842 €
Net margin N/C N/C N/C N/C N/C -22.8% -0.1% -0.2%

Revenue and income statement

In 2024, + ASSURANCES generates positive net income of 293 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax.

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

292 594 €

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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 175%. 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 31%. The balance between equity and debt is satisfactory.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

175.357%

Financial autonomy (2024) ?
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

30.618%

Asset age ratio (2024) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

58.5%

Solvency indicators evolution
+ ASSURANCES

Sector positioning

Debt ratio
175.36 2024
2022
2023
2024
Q1: 0.0
Med: 7.61
Q3: 47.45
Watch

In 2024, the debt ratio of + ASSURANCES (175.36) 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
30.62% 2024
2022
2023
2024
Q1: 13.11%
Med: 47.63%
Q3: 76.27%
Average

In 2024, the financial autonomy of + ASSURANCES (30.6%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 299.18. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2024) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

299.178

Liquidity indicators evolution
+ ASSURANCES

Sector positioning

Liquidity ratio
299.18 2024
2022
2023
2024
Q1: 123.28
Med: 242.89
Q3: 571.56
Good +19 pts over 3 years

In 2024, the liquidity ratio of + ASSURANCES (299.18) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

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 (2024) ?
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 (2024) ?
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 (2024) ?
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 (2024) ?
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
+ ASSURANCES

Positioning of + ASSURANCES in its sector

Comparison with sector Activités des agents et courtiers d'assurances

Valuation estimate

Based on 193 transactions of similar company sales (all years), the value of + ASSURANCES is estimated at 588 894 € (range 278 558€ - 2 688 834€). 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.

Estimated enterprise value 2024
193 transactions
278k€ 588k€ 2688k€
588 894 € Range: 278 558€ - 2 688 834€
NAF 5 all-time

Valuation method used

Net Income Multiple
292 594 € × 2.0x = 588 895 €
Range: 278 559€ - 2 688 834€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 193 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Activités des agents et courtiers d'assurances)

Compare + ASSURANCES with other companies in the same sector:

Frequently asked questions about + ASSURANCES

What is the revenue of + ASSURANCES ?

The revenue of + ASSURANCES in 2019 is 989 k€.

Is + ASSURANCES profitable?

Yes, + ASSURANCES generated a net profit of 293 k€ in 2024.

Where is the headquarters of + ASSURANCES ?

The headquarters of + ASSURANCES is located in PERPIGNAN (66100), in the department Pyrenees-Orientales.

Where to find the tax return of + ASSURANCES ?

The tax return of + ASSURANCES 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 + ASSURANCES operate?

+ ASSURANCES operates in the sector Activités des agents et courtiers d'assurances (NAF code 66.22Z). See the 'Sector positioning' section above to compare the company with its competitors.