CET CONNECT (FRANCE) : revenue, balance sheet and financial ratios

CET CONNECT (FRANCE) is a French company founded 9 years ago, specialized in the sector Conseil en systèmes et logiciels informatiques. Based in CAGNES-SUR-MER (06800), this company of category PME shows in 2023 a revenue of 809 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 - CET CONNECT (FRANCE) (SIREN 822368890)
Indicator 2024 2023 2022 2021 2020 2019 2018
Revenue N/C 809 176 € 2 333 169 € 1 983 515 € 1 867 927 € 565 542 € 1 001 734 €
Net income 175 263 € -77 622 € 75 967 € 171 255 € 64 794 € 24 867 € 44 160 €
EBITDA N/C -77 198 € 97 855 € 230 969 € 83 261 € 29 255 € 54 057 €
Net margin N/C -9.6% 3.3% 8.6% 3.5% 4.4% 4.4%

Revenue and income statement

In 2024, CET CONNECT (FRANCE) generates positive net income of 175 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2018-2024: 44 k€ -> 175 k€.

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

175 263 €

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 23%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 33%. 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

22.592%

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

33.395%

Solvency indicators evolution
CET CONNECT (FRANCE)

Sector positioning

Debt ratio
22.59 2024
2022
2023
2024
Q1: 0.0
Med: 3.93
Q3: 32.58
Average

In 2024, the debt ratio of CET CONNECT (FRANCE) (22.59) 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
33.4% 2024
2022
2023
2024
Q1: 7.97%
Med: 34.38%
Q3: 62.44%
Average +13 pts over 3 years

In 2024, the financial autonomy of CET CONNECT (FRANCE) (33.4%) 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
0.0 years 2023
2022
2023
Q1: 0.0 years
Med: 0.0 years
Q3: 0.65 years
Excellent -50 pts over 2 years

In 2023, the repayment capacity of CET CONNECT (FRANCE) (0.00) 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.

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
CET CONNECT (FRANCE)

Positioning of CET CONNECT (FRANCE) in its sector

Comparison with sector Conseil en systèmes et logiciels informatiques

Valuation estimate

Based on 215 transactions of similar company sales (all years), the value of CET CONNECT (FRANCE) is estimated at 258 557 € (range 111 728€ - 759 022€). 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
215 transactions
111k€ 258k€ 759k€
258 557 € Range: 111 728€ - 759 022€
NAF 5 all-time

Valuation method used

Net Income Multiple
175 263 € × 1.5x = 258 557 €
Range: 111 728€ - 759 023€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

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.

  • 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 (Conseil en systèmes et logiciels informatiques)

Compare CET CONNECT (FRANCE) with other companies in the same sector:

Voir toutes les statistiques du secteur Conseil en systèmes et logiciels informatiques

Frequently asked questions about CET CONNECT (FRANCE)

What is the revenue of CET CONNECT (FRANCE) ?

The revenue of CET CONNECT (FRANCE) in 2023 is 809 k€.

Is CET CONNECT (FRANCE) profitable?

Yes, CET CONNECT (FRANCE) generated a net profit of 175 k€ in 2024.

Where is the headquarters of CET CONNECT (FRANCE) ?

The headquarters of CET CONNECT (FRANCE) is located in CAGNES-SUR-MER (06800), in the department Alpes-Maritimes.

Where to find the tax return of CET CONNECT (FRANCE) ?

The tax return of CET CONNECT (FRANCE) 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 CET CONNECT (FRANCE) operate?

CET CONNECT (FRANCE) 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.