SIREN : 402979595
CONVERGENCE 2 is a French company founded 30 years ago, specialized in the sector Affrètement et organisation des transports . Based in TREMBLAY-EN-FRANCE (93290), this company of category PME shows in 2023 a revenue of 2.5 M€. 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
| Indicator | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|
| Revenue | 2 530 268 € | 2 849 229 € | 1 709 840 € | 1 354 683 € | 1 544 837 € | 1 373 074 € | 1 242 520 € |
| Net income | 3 839 648 € | 2 538 229 € | 484 595 € | 648 924 € | 559 752 € | 964 362 € | 463 856 € |
| EBITDA | 64 571 € | -141 037 € | -90 430 € | 34 370 € | 19 088 € | -68 797 € | -73 722 € |
| Net margin | 151.7% | 89.1% | 28.3% | 47.9% | 36.2% | 70.2% | 37.3% |
In 2023, CONVERGENCE 2 achieves revenue of 2.5 M€. Over the period 2017-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +12.6%. Significant drop of -11% vs 2022. After deducting consumption (0 €), gross margin stands at 2.5 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 65 k€, representing 2.6% of revenue. Positive scissor effect: EBITDA margin improves by +7.5 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 3.8 M€, i.e. 151.7% of revenue. This profit can be retained or distributed to shareholders.
2 530 268 €
2 530 268 €
64 571 €
64 732 €
3 839 648 €
2.6%
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 79%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Cash flow represents 151.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
0.0%
79.402%
151.749%
0.0
In 2023, the debt ratio of CONVERGENCE 2 (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.
In 2023, the financial autonomy of CONVERGENCE 2 (79.4%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.
In 2023, the repayment capacity of CONVERGENCE 2 (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.
The liquidity ratio (= Current assets / Current liabilities) stands at 423.11. 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 9.2x. Operating income very largely covers interest expenses: high safety margin.
423.109
9.188
In 2023, the liquidity ratio of CONVERGENCE 2 (423.11) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.
In 2023, the interest coverage of CONVERGENCE 2 (9.2x) 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: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 15 days. Favorable situation: supplier credit is longer than customer credit by 15 days. Overall, WCR represents 88 days of revenue, i.e. 621 k€ to permanently finance. Over 2017-2023, WCR increased by +1009%, requiring additional financing.
621 054 €
0 j
15 j
0 j
88 j
Based on 167 transactions of similar company sales (all years), the value of CONVERGENCE 2 is estimated at 596 547 € (range 286 980€ - 1 919 894€). With an EBITDA of 64 571€, the sector multiple of 0.9x is applied. The price/revenue ratio is 0.11x (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 167 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 CONVERGENCE 2 with other companies in the same sector:
Voir toutes les statistiques du secteur Affrètement et organisation des transports
The revenue of CONVERGENCE 2 in 2023 is 2.5 M€.
Yes, CONVERGENCE 2 generated a net profit of 3.8 M€ in 2023.
The headquarters of CONVERGENCE 2 is located in TREMBLAY-EN-FRANCE (93290), in the department Seine-Saint-Denis.
The tax return of CONVERGENCE 2 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).
CONVERGENCE 2 operates in the sector Affrètement et organisation des transports (NAF code 52.29B). See the 'Sector positioning' section above to compare the company with its competitors.