Employees: 12 (2023.0)Legal category: SCA (commandite par actions)Size: GECreation date: 2017-12-15 (8 years)Status: ActiveBusiness sector: Organisation de foires, salons professionnels et congrèsLocation: PARIS (75012), Paris
CHANGENOW : revenue, balance sheet and financial ratios
CHANGENOW is a French company
founded 8 years ago,
specialized in the sector Organisation de foires, salons professionnels et congrès.
Based in PARIS (75012),
this company of category GE
shows in 2024 a revenue of 7.4 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In 2024, CHANGENOW achieves revenue of 7.4 M€. Over the period 2019-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +273.6%. Vs 2021, growth of +124% (3.3 M€ -> 7.4 M€). After deducting consumption (0 €), gross margin stands at 7.4 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 742 k€, representing 10.0% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 843 k€, i.e. 11.4% of revenue. This profit can be retained or distributed to shareholders.
Revenue (2024)
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Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production
7 406 781 €
Gross margin (2024)
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Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
7 406 781 €
EBITDA (2024)
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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
741 701 €
EBIT (2024)
?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
764 687 €
Net income (2024)
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Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
843 295 €
EBITDA margin (2024)
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EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability 5-10% : Average < 5% : Low
10.0%
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 11%. 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 36%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 11.0% 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)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
11.048%
Financial autonomy (2024)
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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
36.37%
Cash flow / Revenue (2024)
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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
11.028%
Repayment capacity (2024)
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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
0.144
Asset age ratio (2024)
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Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2019
2020
2021
2024
Debt ratio
-28.918
-158.899
128.491
11.048
Financial autonomy
-21.887
-21.032
13.162
36.37
Repayment capacity
-0.288
-0.431
0.626
0.144
Cash flow / Revenue
-3904.066%
-22.898%
12.091%
11.028%
Sector positioning
Debt ratio
11.052024
2020
2021
2024
Q1: 0.0
Med: 6.15
Q3: 41.32
Average+29 pts over 3 years
In 2024, the debt ratio of CHANGENOW (11.05) 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
36.37%2024
2020
2021
2024
Q1: 3.99%
Med: 27.87%
Q3: 55.09%
Good+33 pts over 3 years
In 2024, the financial autonomy of CHANGENOW (36.4%) 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
0.14 years2024
2020
2021
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.67 years
Average+21 pts over 3 years
In 2024, the repayment capacity of CHANGENOW (0.14) 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 284.86. 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 0.2x. Danger: operating income does not cover interest charges, unsustainable situation.
Liquidity ratio (2024)
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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
284.858
Interest coverage (2024)
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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
0.236
Liquidity indicators evolution CHANGENOW
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2019
2020
2021
2024
Liquidity ratio
318.466
194.994
121.392
284.858
Interest coverage
-0.041
-0.073
0.261
0.236
Sector positioning
Liquidity ratio
284.862024
2020
2021
2024
Q1: 121.4
Med: 202.74
Q3: 381.14
Good+14 pts over 3 years
In 2024, the liquidity ratio of CHANGENOW (284.86) 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
0.24x2024
2020
2021
2024
Q1: 0.0x
Med: 0.0x
Q3: 0.69x
Good+23 pts over 3 years
In 2024, the interest coverage of CHANGENOW (0.2x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. 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. Average customer payment term: 34 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 14 days. The company must finance 20 days of gap between collections and payments. WCR is negative (-21 days): operations structurally generate cash. Over 2019-2024, WCR increased by +27%, requiring additional financing.
Operating WCR (2024)
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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
-440 926 €
Customer credit (2024)
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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
34 j
Supplier credit (2024)
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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
14 j
Inventory turnover (2024)
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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)
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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
-21 j
WCR and payment terms evolution CHANGENOW
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2019
2020
2021
2024
Operating WCR
-603 472 €
-499 499 €
-201 467 €
-440 926 €
Inventory turnover (days)
0
0
0
0
Customer payment term (days)
28181
17
38
34
Supplier payment term (days)
127
7
23
14
Positioning of CHANGENOW in its sector
Comparison with sector Organisation de foires, salons professionnels et congrès
Valuation estimate
Based on 63 transactions of similar company sales
(all years),
the value of CHANGENOW is estimated at
2 389 807 €
(range 1 040 809€ - 6 130 450€).
With an EBITDA of 741 701€, the sector multiple of 1.6x is applied.
The price/revenue ratio is 0.68x
(in line with sector norms).
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. Medium reliability: estimate to be confirmed with in-depth analysis.
Estimated enterprise value2024
63 tx
1040k€2389k€6130k€
2 389 807 €Range: 1 040 809€ - 6 130 450€
NAF 5 all-time
Valuation detail by method
Ajustez les pondérations selon votre analyse
EBITDA Multiple50%
741 701 €×1.6x
Estimation1 158 577 €
549 721€ - 4 585 728€
Revenue Multiple30%
7 406 781 €×0.68x
Estimation5 039 538 €
1 920 976€ - 9 369 071€
Net Income Multiple20%
843 295 €×1.8x
Estimation1 493 290 €
948 278€ - 5 134 326€
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 63 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 (Organisation de foires, salons professionnels et congrès)
Compare CHANGENOW with other companies in the same sector:
Yes, CHANGENOW generated a net profit of 843 k€ in 2024.
Where is the headquarters of CHANGENOW ?
The headquarters of CHANGENOW is located in PARIS (75012), in the department Paris.
Where to find the tax return of CHANGENOW ?
The tax return of CHANGENOW 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 CHANGENOW operate?
CHANGENOW operates in the sector Organisation de foires, salons professionnels et congrès (NAF code 82.30Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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