Employees: 01 (2023.0)Legal category: Société à responsabilité limitée (sans autre indication)Size: PMECreation date: 2006-11-01 (19 years)Status: ActiveBusiness sector: Conseil en systèmes et logiciels informatiquesLocation: MEYREUIL (13590), Bouches-du-Rhone
CONNECT SYTEE : revenue, balance sheet and financial ratios
CONNECT SYTEE is a French company
founded 19 years ago,
specialized in the sector Conseil en systèmes et logiciels informatiques.
Based in MEYREUIL (13590),
this company of category PME
shows in 2022 a revenue of 2.0 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - CONNECT SYTEE (SIREN 492624226)
Indicator
2024
2023
2022
2021
2018
2017
2016
Revenue
N/C
N/C
2 044 316 €
N/C
N/C
1 612 195 €
1 948 752 €
Net income
145 575 €
10 374 €
-7 395 €
-3 824 €
27 009 €
27 055 €
16 096 €
EBITDA
N/C
N/C
230 257 €
N/C
N/C
243 292 €
233 363 €
Net margin
N/C
N/C
-0.4%
N/C
N/C
1.7%
0.8%
Revenue and income statement
In 2024, CONNECT SYTEE generates positive net income of 146 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2024: 16 k€ -> 146 k€.
Net income (2024)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
145 575 €
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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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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Item
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 48%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 15%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
Debt ratio (2024)
?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
48.476%
Financial autonomy (2024)
?
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
15.071%
Asset age ratio (2024)
?
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
2016
2017
2018
2021
2022
2023
2024
Debt ratio
0.0
5.852
0.0
195.784
166.16
124.716
48.476
Financial autonomy
13.316
11.097
10.486
10.982
11.023
11.002
15.071
Repayment capacity
0.0
0.353
None
None
-241.565
None
None
Cash flow / Revenue
0.911%
2.229%
None%
None%
-0.125%
None%
None%
Sector positioning
Debt ratio
48.482024
2022
2023
2024
Q1: 0.0
Med: 3.93
Q3: 32.58
Average
In 2024, the debt ratio of CONNECT SYTEE (48.48) 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
15.07%2024
2022
2023
2024
Q1: 7.97%
Med: 34.38%
Q3: 62.44%
Average
In 2024, the financial autonomy of CONNECT SYTEE (15.1%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
Repayment capacity
-241.56 years2022
2022
Q1: 0.0 years
Med: 0.0 years
Q3: 0.75 years
Excellent
In 2022, the repayment capacity of CONNECT SYTEE (-241.56) 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 127.25. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2024)
?
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
127.254
Liquidity indicators evolution CONNECT SYTEE
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2021
2022
2023
2024
Liquidity ratio
116.16
109.68
110.276
146.037
139.444
131.021
127.254
Interest coverage
2.94
0.381
None
None
2.345
None
None
Sector positioning
Liquidity ratio
127.252024
2022
2023
2024
Q1: 141.9
Med: 230.48
Q3: 460.89
Watch
In 2024, the liquidity ratio of CONNECT SYTEE (127.25) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.
Interest coverage
2.35x2022
2022
Q1: 0.0x
Med: 0.0x
Q3: 0.93x
Excellent
In 2022, the interest coverage of CONNECT SYTEE (2.4x) 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) and payment terms
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.
Operating WCR (2024)
?
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
0 €
Customer credit (2024)
?
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
0 j
Supplier credit (2024)
?
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
0 j
Inventory turnover (2024)
?
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 and payment terms evolution CONNECT SYTEE
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2021
2022
2023
2024
Operating WCR
1 235 411 €
1 844 690 €
0 €
0 €
3 222 742 €
0 €
0 €
Inventory turnover (days)
16
22
0
0
8
0
0
Customer payment term (days)
58
130
0
0
65
0
0
Supplier payment term (days)
236
433
0
0
471
0
0
Positioning of CONNECT SYTEE in its sector
Comparison with sector Conseil en systèmes et logiciels informatiques
Valuation estimate
Based on 215 transactions of similar company sales
(all years),
the value of CONNECT SYTEE is estimated at
214 759 €
(range 92 802€ - 630 451€).
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.
Estimated enterprise value2024
215 transactions
92k€214k€630k€
214 759 €Range: 92 802€ - 630 451€
NAF 5 all-time
Valuation method used
Net Income Multiple
145 575 €
×
1.5x
=214 760 €
Range: 92 802€ - 630 451€
Only this financial indicator is available for this company.
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
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.
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 (Conseil en systèmes et logiciels informatiques)
Compare CONNECT SYTEE with other companies in the same sector:
Yes, CONNECT SYTEE generated a net profit of 146 k€ in 2024.
Where is the headquarters of CONNECT SYTEE ?
The headquarters of CONNECT SYTEE is located in MEYREUIL (13590), in the department Bouches-du-Rhone.
Where to find the tax return of CONNECT SYTEE ?
The tax return of CONNECT SYTEE 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 CONNECT SYTEE operate?
CONNECT SYTEE 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.
Item evolution
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