SIREN : 522588979
COMBODO is a French company founded 15 years ago, specialized in the sector Conseil en systèmes et logiciels informatiques. Based in ECHIROLLES (38130), this company of category PME shows in 2025 a revenue of 4.1 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 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4 079 503 € | 3 400 596 € | 2 898 584 € | 2 743 303 € | 2 375 806 € | 2 219 424 € | 1 843 928 € | 1 571 841 € | 1 178 176 € |
| Net income | 193 281 € | 201 186 € | -184 309 € | -34 321 € | -43 845 € | 10 317 € | 76 330 € | 154 665 € | 146 634 € |
| EBITDA | 312 557 € | 178 252 € | -136 386 € | -8 210 € | -27 844 € | 35 902 € | 121 740 € | 223 532 € | 214 677 € |
| Net margin | 4.7% | 5.9% | -6.4% | -1.3% | -1.8% | 0.5% | 4.1% | 9.8% | 12.4% |
In 2025, COMBODO achieves revenue of 4.1 M€. Over the period 2017-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +16.8%. Vs 2024, growth of +20% (3.4 M€ -> 4.1 M€). After deducting consumption (24 k€), gross margin stands at 4.1 M€, i.e. a rate of 99%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 313 k€, representing 7.7% of revenue. Positive scissor effect: EBITDA margin improves by +2.4 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 193 k€, i.e. 4.7% of revenue. This profit can be retained or distributed to shareholders.
4 079 503 €
4 055 627 €
312 557 €
228 199 €
193 281 €
7.6%
The debt ratio (= Financial debt / Equity x 100) stands at 13%. 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 16%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 6.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
12.509%
15.969%
6.745%
0.236
61.0%
In 2025, the debt ratio of COMBODO (12.51) 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 2025, the financial autonomy of COMBODO (16.0%) 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 2025, the repayment capacity of COMBODO (0.24) 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 337.47. 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 0.3x. Danger: operating income does not cover interest charges, unsustainable situation.
337.471
0.309
In 2025, the liquidity ratio of COMBODO (337.47) 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 2025, the interest coverage of COMBODO (0.3x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 60 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 18 days. The gap of 42 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. WCR is negative (-163 days): operations structurally generate cash. Notable WCR improvement over the period (-595%), freeing up cash.
-1 850 299 €
60 j
18 j
0 j
-163 j
Based on 215 transactions of similar company sales (all years), the value of COMBODO is estimated at 406 101 € (range 187 664€ - 1 200 754€). With an EBITDA of 312 557€, the sector multiple of 1.0x is applied. 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.
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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 COMBODO with other companies in the same sector:
Voir toutes les statistiques du secteur Conseil en systèmes et logiciels informatiques
The revenue of COMBODO in 2025 is 4.1 M€.
Yes, COMBODO generated a net profit of 193 k€ in 2025.
The headquarters of COMBODO is located in ECHIROLLES (38130), in the department Isere.
The tax return of COMBODO 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).
COMBODO 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.