SIREN : 792406266
H2C is a French company founded 13 years ago, specialized in the sector Activités des sociétés holding. Based in MARSEILLE (13016), this company of category PME shows in 2024 a revenue of 188 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 | 2022 | 2017 | 2016 |
|---|---|---|---|---|---|
| Revenue | 187 680 € | 176 000 € | 216 000 € | 159 600 € | 263 600 € |
| Net income | 31 755 € | 29 085 € | 95 708 € | 1 334 277 € | 105 428 € |
| EBITDA | 23 664 € | 35 562 € | 104 637 € | -1 230 € | 108 248 € |
| Net margin | 16.9% | 16.5% | 44.3% | 836.0% | 40.0% |
In 2024, H2C achieves revenue of 188 k€. Activity remains stable over the period (CAGR: -4.2%). Vs 2023: +7%. After deducting consumption (0 €), gross margin stands at 188 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 24 k€, representing 12.6% of revenue. Warning negative scissor effect: despite revenue change (+7%), EBITDA varies by -33%, reducing margin by 7.6 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 32 k€, i.e. 16.9% of revenue. This profit can be retained or distributed to shareholders.
187 680 €
187 680 €
23 664 €
21 125 €
31 755 €
12.6%
The debt ratio (= Financial debt / Equity x 100) stands at 2%. 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 95%. 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 1.7 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 18.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
2.471%
95.264%
18.273%
1.706
57.0%
In 2024, the debt ratio of H2C (2.47) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2024, the financial autonomy of H2C (95.3%) 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 2024, the repayment capacity of H2C (1.71) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 186.98. 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 1.1x. Coverage is limited: any activity downturn would jeopardize interest payments.
186.976
1.056
In 2024, the liquidity ratio of H2C (186.98) 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.
In 2024, the interest coverage of H2C (1.1x) 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: 147 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 115 days. The gap of 32 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 98 days of revenue, i.e. 51 k€ to permanently finance. Over 2016-2024, WCR increased by +62%, requiring additional financing.
51 300 €
147 j
115 j
0 j
98 j
Based on 54 transactions of similar company sales
in 2024,
the value of H2C is estimated at
99 640 €
(range 36 222€ - 185 444€).
With an EBITDA of 23 664€, the sector multiple of 4.8x is applied.
The price/revenue ratio is 0.59x
(in line with sector norms).
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.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 54 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 H2C with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des sociétés holding
The revenue of H2C in 2024 is 188 k€.
Yes, H2C generated a net profit of 32 k€ in 2024.
The headquarters of H2C is located in MARSEILLE (13016), in the department Bouches-du-Rhone.
The tax return of H2C 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).
H2C operates in the sector Activités des sociétés holding (NAF code 64.20Z). See the 'Sector positioning' section above to compare the company with its competitors.