CORSEARCH FRANCE : revenue, balance sheet and financial ratios

CORSEARCH FRANCE is a French company founded 16 years ago, specialized in the sector Programmation informatique. Based in PARIS (75010), this company of category PME shows in 2024 a revenue of 5.3 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

Financial history - CORSEARCH FRANCE (SIREN 521434662)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 5 291 298 € 5 597 541 € 5 503 386 € 5 222 123 € 5 174 612 € 6 023 238 € 6 073 688 € 4 870 793 € 4 299 182 €
Net income 373 687 € 371 562 € 623 652 € -958 071 € 135 191 € 141 924 € 454 958 € 446 592 € 422 666 €
EBITDA 457 245 € 386 161 € 720 449 € -712 771 € 287 765 € 514 841 € 709 515 € 645 655 € 674 598 €
Net margin 7.1% 6.6% 11.3% -18.3% 2.6% 2.4% 7.5% 9.2% 9.8%

Revenue and income statement

In 2024, CORSEARCH FRANCE achieves revenue of 5.3 M€. Revenue is growing positively over 9 years (CAGR: +2.6%). Slight decline of -5% vs 2023. After deducting consumption (0 €), gross margin stands at 5.3 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 457 k€, representing 8.6% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 374 k€, i.e. 7.1% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

5 291 298 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

5 291 298 €

EBITDA (2024) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

457 245 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

489 430 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

373 687 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

8.6%

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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 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 15%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.0 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.

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

0.081%

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

15.137%

Cash flow / Revenue (2024) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

6.708%

Repayment capacity (2024) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

0.005

Asset age ratio (2024) ?
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

13.4%

Solvency indicators evolution
CORSEARCH FRANCE

Sector positioning

Debt ratio
0.08 2024
2022
2023
2024
Q1: 0.0
Med: 3.36
Q3: 42.51
Good -25 pts over 3 years

In 2024, the debt ratio of CORSEARCH FRANCE (0.08) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
15.14% 2024
2022
2023
2024
Q1: 3.88%
Med: 34.74%
Q3: 63.98%
Average

In 2024, the financial autonomy of CORSEARCH FRANCE (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
0.01 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.39 years
Average

In 2024, the repayment capacity of CORSEARCH FRANCE (0.01) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 111.78. 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

111.781

Interest coverage (2024) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

0.0

Liquidity indicators evolution
CORSEARCH FRANCE

Sector positioning

Liquidity ratio
111.78 2024
2022
2023
2024
Q1: 132.21
Med: 250.32
Q3: 499.26
Average

In 2024, the liquidity ratio of CORSEARCH FRANCE (111.78) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
0.0x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 0.47x
Average

In 2024, the interest coverage of CORSEARCH FRANCE (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. Average customer payment term: 196 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 900 days. Excellent situation: suppliers finance 704 days of the operating cycle (retail model). Overall, WCR represents 729 days of revenue, i.e. 10.7 M€ to permanently finance. Over 2016-2024, WCR increased by +154%, requiring additional financing.

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

10 709 799 €

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

196 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

900 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 in days of revenue (2024) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

729 j

WCR and payment terms evolution
CORSEARCH FRANCE

Positioning of CORSEARCH FRANCE in its sector

Comparison with sector Programmation informatique

Valuation estimate

Based on 120 transactions of similar company sales (all years), the value of CORSEARCH FRANCE is estimated at 1 100 411 € (range 534 134€ - 2 897 251€). With an EBITDA of 457 245€, the sector multiple of 2.2x is applied. The price/revenue ratio is 0.27x (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.

Estimated enterprise value 2024
120 transactions
534k€ 1100k€ 2897k€
1 100 411 € Range: 534 134€ - 2 897 251€
NAF 5 all-time

Valuation detail by method

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EBITDA Multiple 50%
457 245 € × 2.2x
Estimation 1 016 788 €
441 210€ - 2 797 045€
Revenue Multiple 30%
5 291 298 € × 0.27x
Estimation 1 437 159 €
812 407€ - 3 514 820€
Net Income Multiple 20%
373 687 € × 2.2x
Estimation 804 349 €
349 039€ - 2 221 415€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 120 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 (Programmation informatique)

Compare CORSEARCH FRANCE with other companies in the same sector:

Frequently asked questions about CORSEARCH FRANCE

What is the revenue of CORSEARCH FRANCE ?

The revenue of CORSEARCH FRANCE in 2024 is 5.3 M€.

Is CORSEARCH FRANCE profitable?

Yes, CORSEARCH FRANCE generated a net profit of 374 k€ in 2024.

Where is the headquarters of CORSEARCH FRANCE ?

The headquarters of CORSEARCH FRANCE is located in PARIS (75010), in the department Paris.

Where to find the tax return of CORSEARCH FRANCE ?

The tax return of CORSEARCH FRANCE 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 CORSEARCH FRANCE operate?

CORSEARCH FRANCE operates in the sector Programmation informatique (NAF code 62.01Z). See the 'Sector positioning' section above to compare the company with its competitors.