CHANGEPOINT FRANCE SAS : revenue, balance sheet and financial ratios

CHANGEPOINT FRANCE SAS is a French company founded 12 years ago, specialized in the sector Commerce de détail d'ordinateurs, d'unités périphériques et de logiciels en magasin spécialisé. Based in BOULOGNE-BILLANCOURT (92100), this company of category PME shows in 2022 a revenue of 160 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 - CHANGEPOINT FRANCE SAS (SIREN 800804304)
Indicator 2022 2021 2020 2019 2018 2017 2016
Revenue 160 265 € 2 283 668 € 3 115 680 € 2 954 183 € 3 528 588 € 3 248 826 € 4 031 571 €
Net income -192 900 € 96 203 € 97 214 € 108 158 € 136 832 € 103 908 € 167 627 €
EBITDA 342 € 83 288 € 215 092 € 82 684 € 530 143 € 294 890 € 266 783 €
Net margin -120.4% 4.2% 3.1% 3.7% 3.9% 3.2% 4.2%

Revenue and income statement

In 2022, CHANGEPOINT FRANCE SAS achieves revenue of 160 k€. Revenue is declining over the period 2016-2022 (CAGR: -41.6%). Significant drop of -93% vs 2021. After deducting consumption (0 €), gross margin stands at 160 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 342 €, representing 0.2% of revenue. Warning negative scissor effect: despite revenue change (-93%), EBITDA varies by -100%, reducing margin by 3.4 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -193 k€ (-120.4% of revenue), which will impact equity.

Revenue (2022) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

160 265 €

Gross margin (2022) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

160 265 €

EBITDA (2022) ?
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

342 €

EBIT (2022) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-9 589 €

Net income (2022) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-192 900 €

EBITDA margin (2022) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

0.2%

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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 0%. 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 53%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2022) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.0%

Financial autonomy (2022) ?
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

53.171%

Cash flow / Revenue (2022) ?
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

-51.566%

Repayment capacity (2022) ?
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

0.0

Solvency indicators evolution
CHANGEPOINT FRANCE SAS

Sector positioning

Debt ratio
0.0 2022
2020
2021
2022
Q1: 0.0
Med: 13.46
Q3: 83.03
Excellent -51 pts over 3 years

In 2022, the debt ratio of CHANGEPOINT FRANCE SAS (0.00) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
53.17% 2022
2020
2021
2022
Q1: 6.5%
Med: 30.72%
Q3: 55.41%
Good +48 pts over 3 years

In 2022, the financial autonomy of CHANGEPOINT FRANCE SAS (53.2%) 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
0.0 years 2022
2020
2021
2022
Q1: 0.0 years
Med: 0.0 years
Q3: 1.5 years
Excellent -53 pts over 3 years

In 2022, the repayment capacity of CHANGEPOINT FRANCE SAS (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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 213.54. 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 2519.6x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2022) ?
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

213.544

Interest coverage (2022) ?
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

2519.591

Liquidity indicators evolution
CHANGEPOINT FRANCE SAS

Sector positioning

Liquidity ratio
213.54 2022
2020
2021
2022
Q1: 124.77
Med: 207.93
Q3: 333.77
Good -24 pts over 3 years

In 2022, the liquidity ratio of CHANGEPOINT FRANCE SAS (213.54) 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
2519.59x 2022
2020
2021
2022
Q1: 0.0x
Med: 0.0x
Q3: 1.43x
Excellent +23 pts over 3 years

In 2022, the interest coverage of CHANGEPOINT FRANCE SAS (2519.6x) 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: 1665 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 1812 days. Excellent situation: suppliers finance 147 days of the operating cycle (retail model). Overall, WCR represents 2434 days of revenue, i.e. 1.1 M€ to permanently finance.

Operating WCR (2022) ?
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

1 083 702 €

Customer credit (2022) ?
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

1665 j

Supplier credit (2022) ?
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

1812 j

Inventory turnover (2022) ?
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 (2022) ?
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

2434 j

WCR and payment terms evolution
CHANGEPOINT FRANCE SAS

Positioning of CHANGEPOINT FRANCE SAS in its sector

Comparison with sector Commerce de détail d'ordinateurs, d'unités périphériques et de logiciels en magasin spécialisé

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (47 transactions). This range of 7 013€ to 20 718€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2022
Indicative
7k€ 12k€ 20k€
12 473 € Range: 7 013€ - 20 718€
NAF 5 all-time

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 47 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 (Commerce de détail d'ordinateurs, d'unités périphériques et de logiciels en magasin spécialisé)

Compare CHANGEPOINT FRANCE SAS with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de détail d'ordinateurs, d'unités périphériques et de logiciels en magasin spécialisé

Frequently asked questions about CHANGEPOINT FRANCE SAS

What is the revenue of CHANGEPOINT FRANCE SAS ?

The revenue of CHANGEPOINT FRANCE SAS in 2022 is 160 k€.

Is CHANGEPOINT FRANCE SAS profitable?

CHANGEPOINT FRANCE SAS recorded a net loss in 2022.

Where is the headquarters of CHANGEPOINT FRANCE SAS ?

The headquarters of CHANGEPOINT FRANCE SAS is located in BOULOGNE-BILLANCOURT (92100), in the department Hauts-de-Seine.

Where to find the tax return of CHANGEPOINT FRANCE SAS ?

The tax return of CHANGEPOINT 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 CHANGEPOINT FRANCE SAS operate?

CHANGEPOINT FRANCE SAS operates in the sector Commerce de détail d'ordinateurs, d'unités périphériques et de logiciels en magasin spécialisé (NAF code 47.41Z). See the 'Sector positioning' section above to compare the company with its competitors.