Employees: 12 (2023.0)Legal category: SCA (commandite par actions)Size: PMECreation date: 1995-12-01 (30 years)Status: ActiveBusiness sector: Études de marché et sondagesLocation: BOULOGNE-BILLANCOURT (92100), Hauts-de-Seine
DUCKER RESEARCH EUROPE : revenue, balance sheet and financial ratios
DUCKER RESEARCH EUROPE is a French company
founded 30 years ago,
specialized in the sector Études de marché et sondages.
Based in BOULOGNE-BILLANCOURT (92100),
this company of category PME
shows in 2024 a revenue of 6.5 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - DUCKER RESEARCH EUROPE (SIREN 403191638)
Indicator
2024
2023
2022
2021
2020
2019
2018
2017
2016
Revenue
6 497 476 €
4 510 255 €
4 048 089 €
4 360 578 €
3 593 783 €
3 696 857 €
3 735 358 €
3 961 724 €
3 646 809 €
Net income
534 520 €
-766 244 €
28 754 €
360 619 €
78 478 €
50 497 €
25 424 €
209 215 €
67 194 €
EBITDA
549 207 €
-1 651 669 €
8 814 €
47 253 €
297 093 €
72 334 €
51 914 €
257 011 €
133 978 €
Net margin
8.2%
-17.0%
0.7%
8.3%
2.2%
1.4%
0.7%
5.3%
1.8%
Revenue and income statement
In 2024, DUCKER RESEARCH EUROPE achieves revenue of 6.5 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +7.5%. Vs 2023, growth of +44% (4.5 M€ -> 6.5 M€). After deducting consumption (0 €), gross margin stands at 6.5 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 549 k€, representing 8.5% of revenue. Positive scissor effect: EBITDA margin improves by +45.1 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 535 k€, i.e. 8.2% 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
6 497 476 €
Gross margin (2024)
?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
6 497 476 €
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
549 207 €
EBIT (2024)
?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
535 212 €
Net income (2024)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
534 520 €
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
8.5%
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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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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 304%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 9%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 6.1 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 8.6% 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
304.272%
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
8.876%
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
8.569%
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
6.051
Asset age ratio (2024)
?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Solvency indicators evolution DUCKER RESEARCH EUROPE
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Debt ratio
0.215
0.248
0.0
23.51
18.577
10.347
8.652
588.284
304.272
Financial autonomy
37.855
42.169
37.125
33.032
26.094
26.304
27.397
8.939
8.876
Repayment capacity
0.0
0.008
0.0
3.495
1.638
0.728
12.419
-4.221
6.051
Cash flow / Revenue
2.861%
6.552%
1.279%
1.585%
2.996%
4.231%
0.23%
-17.696%
8.569%
Sector positioning
Debt ratio
304.272024
2022
2023
2024
Q1: 0.0
Med: 2.02
Q3: 34.22
Watch+23 pts over 3 years
In 2024, the debt ratio of DUCKER RESEARCH EUROPE (304.27) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.
Financial autonomy
8.88%2024
2022
2023
2024
Q1: 12.11%
Med: 39.42%
Q3: 65.91%
Average-14 pts over 3 years
In 2024, the financial autonomy of DUCKER RESEARCH EUROPE (8.9%) 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
6.05 years2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.41 years
Watch
In 2024, the repayment capacity of DUCKER RESEARCH EUROPE (6.05) 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 159.21. 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
159.206
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
-0.004
Liquidity indicators evolution DUCKER RESEARCH EUROPE
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Liquidity ratio
170.269
189.884
164.408
202.072
193.376
243.459
235.268
391.432
159.206
Interest coverage
12.729
16.358
24.768
41.998
62.651
12.198
214.443
-0.156
-0.004
Sector positioning
Liquidity ratio
159.212024
2022
2023
2024
Q1: 138.9
Med: 219.42
Q3: 420.98
Average-20 pts over 3 years
In 2024, the liquidity ratio of DUCKER RESEARCH EUROPE (159.21) 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
-0.0x2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 3.73x
Average-53 pts over 3 years
In 2024, the interest coverage of DUCKER RESEARCH EUROPE (-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: 34 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 874 days. Excellent situation: suppliers finance 840 days of the operating cycle (retail model). Overall, WCR represents 593 days of revenue, i.e. 10.7 M€ to permanently finance. Over 2016-2024, WCR increased by +1461%, 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
10 700 628 €
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
34 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
874 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
593 j
WCR and payment terms evolution DUCKER RESEARCH EUROPE
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Operating WCR
685 600 €
851 216 €
1 133 644 €
1 515 674 €
1 743 704 €
2 121 726 €
2 756 587 €
3 870 385 €
10 700 628 €
Inventory turnover (days)
0
0
0
0
0
0
0
0
0
Customer payment term (days)
84
110
100
101
200
219
259
95
34
Supplier payment term (days)
81
70
124
113
197
161
254
32
874
Positioning of DUCKER RESEARCH EUROPE in its sector
Comparison with sector Études de marché et sondages
Valuation estimate
Based on 107 transactions of similar company sales
(all years),
the value of DUCKER RESEARCH EUROPE is estimated at
1 447 632 €
(range 536 935€ - 3 158 940€).
With an EBITDA of 549 207€, the sector multiple of 2.6x is applied.
The price/revenue ratio is 0.23x
(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 value2024
107 transactions
536k€1447k€3158k€
1 447 632 €Range: 536 935€ - 3 158 940€
Section all-time
Aggregated at NAF section level
Valuation detail by method
Ajustez les pondérations selon votre analyse
EBITDA Multiple50%
549 207 €×2.6x
Estimation1 421 711 €
519 433€ - 3 256 904€
Revenue Multiple30%
6 497 476 €×0.23x
Estimation1 468 012 €
604 453€ - 2 553 095€
Net Income Multiple20%
534 520 €×2.8x
Estimation1 481 865 €
479 417€ - 3 822 801€
How is this estimate calculated?
This estimate is based on the analysis of 107 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 (Études de marché et sondages)
Compare DUCKER RESEARCH EUROPE with other companies in the same sector:
Frequently asked questions about DUCKER RESEARCH EUROPE
What is the revenue of DUCKER RESEARCH EUROPE ?
The revenue of DUCKER RESEARCH EUROPE in 2024 is 6.5 M€.
Is DUCKER RESEARCH EUROPE profitable?
Yes, DUCKER RESEARCH EUROPE generated a net profit of 535 k€ in 2024.
Where is the headquarters of DUCKER RESEARCH EUROPE ?
The headquarters of DUCKER RESEARCH EUROPE is located in BOULOGNE-BILLANCOURT (92100), in the department Hauts-de-Seine.
Where to find the tax return of DUCKER RESEARCH EUROPE ?
The tax return of DUCKER RESEARCH EUROPE 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 DUCKER RESEARCH EUROPE operate?
DUCKER RESEARCH EUROPE operates in the sector Études de marché et sondages (NAF code 73.20Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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