SIREN : 529055204
H2SM is a French company founded 15 years ago, specialized in the sector Activités des sociétés holding. Based in PARIS (75016), this company of category PME shows in 2024 a revenue of 1.3 M€. 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 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1 270 483 € | 1 267 651 € | 1 102 665 € | 944 009 € | 898 430 € | 866 935 € | 744 572 € | 1 383 221 € | 1 205 210 € |
| Net income | 524 474 € | 111 406 € | 537 488 € | 1 355 204 € | 3 210 618 € | -561 002 € | 832 € | 3 412 462 € | 445 186 € |
| EBITDA | 434 369 € | 171 595 € | 205 171 € | 70 577 € | 14 497 € | 20 419 € | -115 983 € | 768 662 € | 739 335 € |
| Net margin | 41.3% | 8.8% | 48.7% | 143.6% | 357.4% | -64.7% | 0.1% | 246.7% | 36.9% |
In 2024, H2SM achieves revenue of 1.3 M€. Revenue is growing positively over 9 years (CAGR: +0.7%). Vs 2023: +0%. After deducting consumption (0 €), gross margin stands at 1.3 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 434 k€, representing 34.2% of revenue. Positive scissor effect: EBITDA margin improves by +20.7 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 524 k€, i.e. 41.3% of revenue. This profit can be retained or distributed to shareholders.
1 270 483 €
1 270 483 €
434 369 €
393 544 €
524 474 €
34.2%
The debt ratio (= Financial debt / Equity x 100) stands at 1%. 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 78%. 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 0.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 44.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
0.882%
78.261%
44.593%
0.187
39.7%
In 2024, the debt ratio of H2SM (0.88) 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 H2SM (78.3%) 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 H2SM (0.19) 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 156.80. 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 31.0x. Operating income very largely covers interest expenses: high safety margin.
156.796
31.015
In 2024, the liquidity ratio of H2SM (156.80) 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 H2SM (31.0x) 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: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 68 days. Excellent situation: suppliers finance 68 days of the operating cycle (retail model). WCR is negative (-483 days): operations structurally generate cash. Notable WCR improvement over the period (-487%), freeing up cash.
-1 703 235 €
0 j
68 j
0 j
-483 j
Based on 54 transactions of similar company sales
in 2024,
the value of H2SM is estimated at
1 427 821 €
(range 415 066€ - 2 860 105€).
With an EBITDA of 434 369€, 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.
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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 H2SM with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des sociétés holding
The revenue of H2SM in 2024 is 1.3 M€.
Yes, H2SM generated a net profit of 524 k€ in 2024.
The headquarters of H2SM is located in PARIS (75016), in the department Paris.
The tax return of H2SM 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).
H2SM 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.