SIREN : 381930213
CIRCE is a French company founded 35 years ago, specialized in the sector Location de terrains et d'autres biens immobiliers. Based in PARIS (75016), this company of category PME shows in 2020 a revenue of 508 k€. 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 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|
| Revenue | 507 725 € | 497 148 € | 485 350 € | 26 828 € |
| Net income | -513 447 € | 16 547 € | -57 666 € | 10 398 € |
| EBITDA | 416 016 € | 381 365 € | 383 018 € | 26 573 € |
| Net margin | -101.1% | 3.3% | -11.9% | 38.8% |
In 2020, CIRCE achieves revenue of 508 k€. Over the period 2017-2020, the company shows strong growth with a CAGR (compound annual growth rate) of +166.5%. Vs 2019: +2%. After deducting consumption (0 €), gross margin stands at 508 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 416 k€, representing 81.9% of revenue. Positive scissor effect: EBITDA margin improves by +5.2 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -513 k€ (-101.1% of revenue), which will impact equity.
507 725 €
507 725 €
416 016 €
87 060 €
-513 447 €
81.9%
The debt ratio (= Financial debt / Equity x 100) stands at 77%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 56%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 33.1 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 41.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
77.311%
56.011%
41.305%
33.113
99.1%
In 2020, the debt ratio of CIRCE (77.31) 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 2020, the financial autonomy of CIRCE (56.0%) 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.
In 2020, the repayment capacity of CIRCE (33.11) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 637.76. 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 145.4x. Operating income very largely covers interest expenses: high safety margin.
637.756
145.386
In 2020, the liquidity ratio of CIRCE (637.76) 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.
In 2020, the interest coverage of CIRCE (145.4x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 372 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 66 days. The gap of 306 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 331 days of revenue, i.e. 467 k€ to permanently finance. Over 2017-2020, WCR increased by +133%, requiring additional financing.
467 300 €
372 j
66 j
0 j
331 j
Based on 193 transactions of similar company sales in 2020, the value of CIRCE is estimated at 1 730 593 € (range 737 602€ - 2 466 430€). With an EBITDA of 416 016€, the sector multiple of 6.2x is applied. The price/revenue ratio is 0.62x (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.
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This estimate is based on the analysis of 193 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 CIRCE with other companies in the same sector:
Voir toutes les statistiques du secteur Location de terrains et d'autres biens immobiliers
The revenue of CIRCE in 2020 is 508 k€.
CIRCE recorded a net loss in 2020.
The headquarters of CIRCE is located in PARIS (75016), in the department Paris.
The tax return of CIRCE 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).
CIRCE operates in the sector Location de terrains et d'autres biens immobiliers (NAF code 68.20B). See the 'Sector positioning' section above to compare the company with its competitors.