BELGACOM INTERNATIONAL CARRIER SERVICES FRANCE SAS : revenue, balance sheet and financial ratios

BELGACOM INTERNATIONAL CARRIER SERVICES FRANCE SAS is a French company founded 27 years ago, specialized in the sector Autres activités de télécommunication . Based in PARIS (75017), this company of category PME shows in 2024 a revenue of 7.3 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

Financial history - BELGACOM INTERNATIONAL CARRIER SERVICES FRANCE SAS (SIREN 422588285)
Indicator 2024 2023 2022 2020 2019 2017 2016 2015
Revenue 7 279 753 € 7 882 902 € N/C 8 230 641 € 8 721 365 € 7 826 747 € 6 393 664 € 6 773 771 €
Net income 297 226 € 257 025 € 294 870 € 125 862 € 84 425 € 294 639 € 140 790 € 508 555 €
EBITDA 1 910 346 € 2 617 118 € N/C 2 997 126 € 3 350 796 € 2 855 335 € 2 424 304 € 2 442 029 €
Net margin 4.1% 3.3% N/C 1.5% 1.0% 3.8% 2.2% 7.5%

Revenue and income statement

In 2024, BELGACOM INTERNATIONAL CARRIER SERVICES FRANCE SAS achieves revenue of 7.3 M€. Revenue is growing positively over 8 years (CAGR: +0.8%). Slight decline of -8% vs 2023. After deducting consumption (0 €), gross margin stands at 7.3 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 1.9 M€, representing 26.2% of revenue. Warning negative scissor effect: despite revenue change (-8%), EBITDA varies by -27%, reducing margin by 7.0 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 297 k€, i.e. 4.1% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

7 279 753 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

7 279 753 €

EBITDA (2024) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

1 910 346 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

31 459 €

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

297 226 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

26.2%

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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 148%. 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 repayment capacity (= Financial debt / Cash flow) indicates it would take 3.4 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 25.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

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

147.509%

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

33.902%

Cash flow / Revenue (2024) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

25.04%

Repayment capacity (2024) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

3.377

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

10.7%

Solvency indicators evolution
BELGACOM INTERNATIONAL CARRIER SERVICES FRANCE SAS

Sector positioning

Debt ratio
147.51 2024
2022
2023
2024
Q1: 0.0
Med: 6.16
Q3: 54.89
Average

In 2024, the debt ratio of BELGACOM INTERNATIONAL CA... (147.51) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
33.9% 2024
2022
2023
2024
Q1: 2.18%
Med: 26.44%
Q3: 49.52%
Good +11 pts over 3 years

In 2024, the financial autonomy of BELGACOM INTERNATIONAL CA... (33.9%) 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.

Repayment capacity
3.38 years 2024
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.66 years
Average

In 2024, the repayment capacity of BELGACOM INTERNATIONAL CA... (3.38) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 251.48. 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 8.3x. Operating income very largely covers interest expenses: high safety margin.

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

251.478

Interest coverage (2024) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

8.345

Liquidity indicators evolution
BELGACOM INTERNATIONAL CARRIER SERVICES FRANCE SAS

Sector positioning

Liquidity ratio
251.48 2024
2022
2023
2024
Q1: 100.89
Med: 167.97
Q3: 282.13
Good +44 pts over 3 years

In 2024, the liquidity ratio of BELGACOM INTERNATIONAL CA... (251.48) 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.

Interest coverage
8.35x 2024
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 3.92x
Excellent

In 2024, the interest coverage of BELGACOM INTERNATIONAL CA... (8.3x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 31 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 114 days. Excellent situation: suppliers finance 83 days of the operating cycle (retail model). Overall, WCR represents 279 days of revenue, i.e. 5.6 M€ to permanently finance. Over 2015-2024, WCR increased by +109%, requiring additional financing.

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

5 639 042 €

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

31 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

114 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 in days of revenue (2024) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

279 j

WCR and payment terms evolution
BELGACOM INTERNATIONAL CARRIER SERVICES FRANCE SAS

Positioning of BELGACOM INTERNATIONAL CARRIER SERVICES FRANCE SAS in its sector

Comparison with sector Autres activités de télécommunication

Valuation estimate

Based on 101 transactions of similar company sales (all years), the value of BELGACOM INTERNATIONAL CARRIER SERVICES FRANCE SAS is estimated at 869 590 € (range 338 891€ - 2 705 530€). With an EBITDA of 1 910 346€, the sector multiple of 0.6x is applied. The price/revenue ratio is 0.13x (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.

Estimated enterprise value 2024
101 transactions
338k€ 869k€ 2705k€
869 590 € Range: 338 891€ - 2 705 530€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
1 910 346 € × 0.6x
Estimation 1 063 696 €
304 158€ - 1 347 270€
Revenue Multiple 30%
7 279 753 € × 0.13x
Estimation 928 790 €
559 487€ - 6 111 714€
Net Income Multiple 20%
297 226 € × 1.0x
Estimation 295 530 €
94 833€ - 991 909€
How is this estimate calculated?

This estimate is based on the analysis of 101 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 (Autres activités de télécommunication )

Compare BELGACOM INTERNATIONAL CARRIER SERVICES FRANCE SAS with other companies in the same sector:

Voir toutes les statistiques du secteur Autres activités de télécommunication

Frequently asked questions about BELGACOM INTERNATIONAL CARRIER SERVICES FRANCE SAS

What is the revenue of BELGACOM INTERNATIONAL CARRIER SERVICES FRANCE SAS ?

The revenue of BELGACOM INTERNATIONAL CARRIER SERVICES FRANCE SAS in 2024 is 7.3 M€.

Is BELGACOM INTERNATIONAL CARRIER SERVICES FRANCE SAS profitable?

Yes, BELGACOM INTERNATIONAL CARRIER SERVICES FRANCE SAS generated a net profit of 297 k€ in 2024.

Where is the headquarters of BELGACOM INTERNATIONAL CARRIER SERVICES FRANCE SAS ?

The headquarters of BELGACOM INTERNATIONAL CARRIER SERVICES FRANCE SAS is located in PARIS (75017), in the department Paris.

Where to find the tax return of BELGACOM INTERNATIONAL CARRIER SERVICES FRANCE SAS ?

The tax return of BELGACOM INTERNATIONAL CARRIER SERVICES FRANCE SAS 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 BELGACOM INTERNATIONAL CARRIER SERVICES FRANCE SAS operate?

BELGACOM INTERNATIONAL CARRIER SERVICES FRANCE SAS operates in the sector Autres activités de télécommunication (NAF code 61.90Z). See the 'Sector positioning' section above to compare the company with its competitors.