SIREN : 484775887
HORIZONS is a French company founded 20 years ago, specialized in the sector Supports juridiques de programmes. Based in YQUELON (50400), this company of category PME shows in 2021 a revenue of 927 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 | 2021 |
|---|---|
| Revenue | 927 254 € |
| Net income | 121 566 € |
| EBITDA | 172 419 € |
| Net margin | 13.1% |
In 2021, HORIZONS achieves revenue of 927 k€. After deducting consumption (46 k€), gross margin stands at 882 k€, i.e. a rate of 95%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 172 k€, representing 18.6% of revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 122 k€, i.e. 13.1% of revenue. This profit can be retained or distributed to shareholders.
927 254 €
881 726 €
172 419 €
172 419 €
121 566 €
18.6%
The debt ratio (= Financial debt / Equity x 100) stands at 118%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 25%. The balance between equity and debt is satisfactory. Cash flow represents 13.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
117.503%
25.429%
13.11%
0.0
In 2021, the debt ratio of HORIZONS (117.50) 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 2021, the financial autonomy of HORIZONS (25.4%) 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 2021, the repayment capacity of HORIZONS (0.00) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.
The liquidity ratio (= Current assets / Current liabilities) stands at 127.61. 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.
127.609
1.134
In 2021, the liquidity ratio of HORIZONS (127.61) 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 2021, the interest coverage of HORIZONS (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: 32 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 89 days. Excellent situation: suppliers finance 57 days of the operating cycle (retail model). WCR is negative (-124 days): operations structurally generate cash.
-319 903 €
32 j
89 j
0 j
-124 j
Based on 80 transactions of similar company sales
(all years),
the value of HORIZONS is estimated at
221 422 €
(range 81 441€ - 611 588€).
With an EBITDA of 172 419€, the sector multiple of 1.0x is applied.
The price/revenue ratio is 0.28x
(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.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 80 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 HORIZONS with other companies in the same sector:
Voir toutes les statistiques du secteur Supports juridiques de programmes
The revenue of HORIZONS in 2021 is 927 k€.
Yes, HORIZONS generated a net profit of 122 k€ in 2021.
The headquarters of HORIZONS is located in YQUELON (50400), in the department Manche.
The tax return of HORIZONS 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).
HORIZONS operates in the sector Supports juridiques de programmes (NAF code 41.10D). See the 'Sector positioning' section above to compare the company with its competitors.