SIREN : 331998401
CONEX is a French company founded 41 years ago, specialized in the sector Edition de logiciels applicatifs. Based in ORCHIES (59310), this company of category PME shows in 2024 a revenue of 14.2 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 | 2024 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 14 203 601 € | 10 535 166 € | 10 355 356 € | 8 083 487 € | 8 016 138 € | 7 502 863 € | N/C | 6 979 043 € |
| Net income | 3 908 690 € | 2 650 834 € | 2 961 930 € | 1 643 374 € | 1 527 307 € | 1 811 824 € | 1 383 425 € | 1 143 981 € |
| EBITDA | 5 622 230 € | 3 393 172 € | 3 893 454 € | 2 366 340 € | 2 270 530 € | 1 922 105 € | N/C | 1 933 754 € |
| Net margin | 27.5% | 25.2% | 28.6% | 20.3% | 19.1% | 24.1% | N/C | 16.4% |
In 2024, CONEX achieves revenue of 14.2 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +9.3%. Vs 2022, growth of +35% (10.5 M€ -> 14.2 M€). After deducting consumption (0 €), gross margin stands at 14.2 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 5.6 M€, representing 39.6% of revenue. Positive scissor effect: EBITDA margin improves by +7.4 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 3.9 M€, i.e. 27.5% of revenue. This profit can be retained or distributed to shareholders.
14 203 601 €
14 203 601 €
5 622 230 €
5 553 711 €
3 908 690 €
39.6%
The debt ratio (= Financial debt / Equity x 100) stands at 102%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 33%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 28.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
102.38%
33.125%
28.163%
2.038
15.6%
In 2024, the debt ratio of CONEX (102.38) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.
In 2024, the financial autonomy of CONEX (33.1%) 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 2024, the repayment capacity of CONEX (2.04) 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 370.39. 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 6.9x. Operating income very largely covers interest expenses: high safety margin.
370.388
6.898
In 2024, the liquidity ratio of CONEX (370.39) 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 2024, the interest coverage of CONEX (6.9x) 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: 115 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 75 days. The gap of 40 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 69 days of revenue, i.e. 2.7 M€ to permanently finance. Over 2016-2024, WCR increased by +243%, requiring additional financing.
2 708 343 €
115 j
75 j
0 j
69 j
Based on 103 transactions of similar company sales (all years), the value of CONEX is estimated at 4 738 925 € (range 1 717 758€ - 14 301 016€). With an EBITDA of 5 622 230€, the sector multiple of 1.0x is applied. The price/revenue ratio is 0.25x (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 103 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 CONEX with other companies in the same sector:
Voir toutes les statistiques du secteur Edition de logiciels applicatifs
The revenue of CONEX in 2024 is 14.2 M€.
Yes, CONEX generated a net profit of 3.9 M€ in 2024.
The headquarters of CONEX is located in ORCHIES (59310), in the department Nord.
The tax return of CONEX 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).
CONEX operates in the sector Edition de logiciels applicatifs (NAF code 58.29C). See the 'Sector positioning' section above to compare the company with its competitors.