CONVERGENCE IMMOBILIER : revenue, balance sheet and financial ratios

CONVERGENCE IMMOBILIER is a French company founded 16 years ago, specialized in the sector Administration d'immeubles et autres biens immobiliers. Based in CACHAN (94230), this company of category PME shows in 2020 a revenue of 358 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-18

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - CONVERGENCE IMMOBILIER (SIREN 518241922)
Indicator 2023 2020 2017 2015 2014 2013
Revenue N/C 358 102 € 495 857 € 407 705 € 422 551 € 399 318 €
Net income 1 310 406 € 4 803 € 76 854 € 3 924 € 559 289 € 10 463 €
EBITDA N/C 3 618 € 104 613 € 23 564 € 15 852 € 4 232 €
Net margin N/C 1.3% 15.5% 1.0% 132.4% 2.6%

Revenue and income statement

In 2023, CONVERGENCE IMMOBILIER generates positive net income of 1.3 M€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2013-2023: 10 k€ -> 1.3 M€.

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

1 310 406 €

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 93%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 41%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

93.0%

Financial autonomy (2023) ?
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

41.404%

Asset age ratio (2023) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

22.3%

Solvency indicators evolution
CONVERGENCE IMMOBILIER

Sector positioning

Debt ratio
93.0 2023
2017
2020
2023
Q1: 0.0
Med: 9.99
Q3: 74.85
Average

In 2023, the debt ratio of CONVERGENCE IMMOBILIER (93.00) 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
41.4% 2023
2017
2020
2023
Q1: 3.23%
Med: 14.5%
Q3: 45.79%
Good +16 pts over 3 years

In 2023, the financial autonomy of CONVERGENCE IMMOBILIER (41.4%) 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.

Repayment capacity
264.45 years 2020
2017
2020
Q1: 0.0 years
Med: 0.23 years
Q3: 4.04 years
Watch

In 2020, the repayment capacity of CONVERGENCE IMMOBILIER (264.45) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 6.78. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2023) ?
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

6.783

Liquidity indicators evolution
CONVERGENCE IMMOBILIER

Sector positioning

Liquidity ratio
6.78 2023
2017
2020
2023
Q1: 99.92
Med: 115.98
Q3: 425.04
Watch

In 2023, the liquidity ratio of CONVERGENCE IMMOBILIER (6.78) 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
0.0x 2020
2017
2020
Q1: 0.0x
Med: 0.0x
Q3: 3.93x
Average -50 pts over 2 years

In 2020, the interest coverage of CONVERGENCE IMMOBILIER (0.0x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

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 (2023) ?
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 (2023) ?
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 (2023) ?
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 (2023) ?
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
CONVERGENCE IMMOBILIER

Positioning of CONVERGENCE IMMOBILIER in its sector

Comparison with sector Administration d'immeubles et autres biens immobiliers

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (20 transactions). This range of 5 141 199€ to 10 569 294€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2023
Indicative
5141k€ 7008k€ 10569k€
7 008 719 € Range: 5 141 199€ - 10 569 294€
NAF 5 année 2023

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 20 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 (Administration d'immeubles et autres biens immobiliers)

Compare CONVERGENCE IMMOBILIER with other companies in the same sector:

Voir toutes les statistiques du secteur Administration d'immeubles et autres biens immobiliers

Frequently asked questions about CONVERGENCE IMMOBILIER

What is the revenue of CONVERGENCE IMMOBILIER ?

The revenue of CONVERGENCE IMMOBILIER in 2020 is 358 k€.

Is CONVERGENCE IMMOBILIER profitable?

Yes, CONVERGENCE IMMOBILIER generated a net profit of 1.3 M€ in 2023.

Where is the headquarters of CONVERGENCE IMMOBILIER ?

The headquarters of CONVERGENCE IMMOBILIER is located in CACHAN (94230), in the department Val-de-Marne.

Where to find the tax return of CONVERGENCE IMMOBILIER ?

The tax return of CONVERGENCE IMMOBILIER 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 CONVERGENCE IMMOBILIER operate?

CONVERGENCE IMMOBILIER operates in the sector Administration d'immeubles et autres biens immobiliers (NAF code 68.32A). See the 'Sector positioning' section above to compare the company with its competitors.