SIREN : 533031704
CREDO is a French company founded 14 years ago, specialized in the sector Ennoblissement textile. Based in REMIRE-MONTJOLY (97354), this company of category PME shows in 2024 a revenue of 2.9 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 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2 874 432 € | 2 681 471 € | 2 513 010 € | 1 691 690 € | 1 619 609 € | 1 771 629 € | N/C | N/C | N/C |
| Net income | 267 947 € | 321 715 € | 442 988 € | 498 816 € | 261 546 € | 331 289 € | 307 235 € | 275 031 € | 288 159 € |
| EBITDA | 274 336 € | 543 108 € | 690 481 € | 284 444 € | 294 764 € | 269 503 € | N/C | N/C | N/C |
| Net margin | 9.3% | 12.0% | 17.6% | 29.5% | 16.1% | 18.7% | N/C | N/C | N/C |
In 2024, CREDO achieves revenue of 2.9 M€. Over the period 2019-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +10.2%. Vs 2023: +7%. After deducting consumption (905 k€), gross margin stands at 2.0 M€, i.e. a rate of 69%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 274 k€, representing 9.5% of revenue. Warning negative scissor effect: despite revenue change (+7%), EBITDA varies by -49%, reducing margin by 10.7 pts. This reflects costs rising faster than revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 268 k€, i.e. 9.3% of revenue. This profit can be retained or distributed to shareholders.
2 874 432 €
1 969 796 €
274 336 €
158 239 €
267 947 €
9.5%
The debt ratio (= Financial debt / Equity x 100) stands at 96%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 45%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 8.4 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 12.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
96.126%
44.681%
12.722%
8.389
46.8%
In 2024, the debt ratio of CREDO (96.13) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2024, the financial autonomy of CREDO (44.7%) 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.
In 2024, the repayment capacity of CREDO (8.39) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 564.31. 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 30.4x. Operating income very largely covers interest expenses: high safety margin.
564.313
30.369
In 2024, the liquidity ratio of CREDO (564.31) 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 2024, the interest coverage of CREDO (30.4x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 85 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 64 days. The company must finance 21 days of gap between collections and payments. Inventory turnover is 110 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 505 days of revenue, i.e. 4.0 M€ to permanently finance.
4 030 644 €
85 j
64 j
110 j
505 j
Compare CREDO with other companies in the same sector:
Voir toutes les statistiques du secteur Ennoblissement textile
The revenue of CREDO in 2024 is 2.9 M€.
Yes, CREDO generated a net profit of 268 k€ in 2024.
The headquarters of CREDO is located in REMIRE-MONTJOLY (97354), in the department Guyane.
The tax return of CREDO 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).
CREDO operates in the sector Ennoblissement textile (NAF code 13.30Z). See the 'Sector positioning' section above to compare the company with its competitors.