SIREN : 642058739
BULL SAS is a French company founded 62 years ago, specialized in the sector Conseil en systèmes et logiciels informatiques. Based in LES CLAYES-SOUS-BOIS (78340), this company of category GE shows in 2024 a revenue of 682.0 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 | 2024 | 2023 | 2022 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 681 984 163 € | 722 280 167 € | 703 323 624 € | 839 200 029 € | 902 094 260 € | 846 118 756 € | 869 954 538 € | 855 250 537 € |
| Net income | -138 402 225 € | 166 471 353 € | -91 891 421 € | -7 578 849 € | 45 179 226 € | -34 173 944 € | 41 532 330 € | 38 505 792 € |
| EBITDA | -33 828 473 € | -35 807 084 € | 730 201 065 € | 19 180 143 € | 102 331 753 € | -13 307 669 € | 84 579 223 € | 25 212 066 € |
| Net margin | -20.3% | 23.0% | -13.1% | -0.9% | 5.0% | -4.0% | 4.8% | 4.5% |
In 2024, BULL SAS achieves revenue of 682.0 M€. Activity remains stable over the period (CAGR: -2.8%). Slight decline of -6% vs 2023. After deducting consumption (1.4 Bn€), gross margin stands at -683.4 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 -33.8 M€, representing -5.0% of revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -138.4 M€ (-20.3% of revenue), which will impact equity.
681 984 163 €
-683 395 190 €
-33 828 473 €
-107 037 873 €
-138 402 225 €
-4.8%
The debt ratio (= Financial debt / Equity x 100) stands at 70%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 14%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
70.324%
13.926%
-7.56%
-2.021
62.0%
In 2024, the debt ratio of BULL SAS (70.32) 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 2024, the financial autonomy of BULL SAS (13.9%) 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 BULL SAS (-2.02) 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 100.32. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
100.321
-187.478
In 2024, the liquidity ratio of BULL SAS (100.32) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.
In 2024, the interest coverage of BULL SAS (-187.5x) 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: 158 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 75 days. The gap of 83 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 97 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 53 days of revenue, i.e. 100.8 M€ to permanently finance. Notable WCR improvement over the period (-78%), freeing up cash.
100 817 719 €
158 j
75 j
97 j
53 j
Based on 215 transactions of similar company sales (all years), the value of BULL SAS is estimated at 109 467 763 € (range 58 718 534€ - 199 959 772€). The price/revenue ratio is 0.16x (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.
Only this financial indicator is available for this company.
This estimate is based on the analysis of 215 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 BULL SAS with other companies in the same sector:
Voir toutes les statistiques du secteur Conseil en systèmes et logiciels informatiques
The revenue of BULL SAS in 2024 is 682.0 M€.
BULL SAS recorded a net loss in 2024.
The headquarters of BULL SAS is located in LES CLAYES-SOUS-BOIS (78340), in the department Yvelines.
The tax return of BULL 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).
BULL SAS operates in the sector Conseil en systèmes et logiciels informatiques (NAF code 62.02A). See the 'Sector positioning' section above to compare the company with its competitors.