SIREN : 520319245
HORIZONTAL SOFTWARE is a French company founded 16 years ago, specialized in the sector Edition de logiciels applicatifs. Based in GIERES (38610), this company of category PME shows in 2024 a revenue of 4.7 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 | 4 666 290 € | 5 482 344 € | 5 670 906 € | 5 285 791 € | 4 780 441 € | 3 574 401 € | 1 025 543 € | 1 233 060 € | 1 762 050 € |
| Net income | -1 382 018 € | -1 248 787 € | -1 252 204 € | -1 302 531 € | -1 127 713 € | -2 189 962 € | -5 603 833 € | -4 845 420 € | -2 288 215 € |
| EBITDA | -1 646 258 € | -1 455 870 € | -990 246 € | -1 174 558 € | -1 563 459 € | -1 772 176 € | -4 308 226 € | -4 371 159 € | -2 036 959 € |
| Net margin | -29.6% | -22.8% | -22.1% | -24.6% | -23.6% | -61.3% | -546.4% | -393.0% | -129.9% |
In 2024, HORIZONTAL SOFTWARE achieves revenue of 4.7 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +12.9%. Significant drop of -15% vs 2023. After deducting consumption (27 k€), gross margin stands at 4.6 M€, i.e. a rate of 99%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -1.6 M€, representing -35.3% of revenue. Warning negative scissor effect: despite revenue change (-15%), EBITDA varies by -13%, reducing margin by 8.7 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -1.4 M€ (-29.6% of revenue), which will impact equity.
4 666 290 €
4 639 152 €
-1 646 258 €
-1 703 846 €
-1 382 018 €
-35.1%
The debt ratio (= Financial debt / Equity x 100) stands at -89%. 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 -38%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
-88.535%
-37.516%
-31.747%
-1.245
11.7%
In 2024, the debt ratio of HORIZONTAL SOFTWARE (-88.53) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.
In 2024, the financial autonomy of HORIZONTAL SOFTWARE (-37.5%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2024, the repayment capacity of HORIZONTAL SOFTWARE (-1.25) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.
The liquidity ratio (= Current assets / Current liabilities) stands at 100.92. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
100.925
-0.965
In 2024, the liquidity ratio of HORIZONTAL SOFTWARE (100.92) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.
In 2024, the interest coverage of HORIZONTAL SOFTWARE (-1.0x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 179 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 398 days. Excellent situation: suppliers finance 219 days of the operating cycle (retail model). Overall, WCR represents 101 days of revenue, i.e. 1.3 M€ to permanently finance.
1 303 295 €
179 j
398 j
0 j
101 j
Based on 103 transactions of similar company sales (all years), the value of HORIZONTAL SOFTWARE is estimated at 1 161 122 € (range 512 932€ - 2 555 429€). The price/revenue ratio is 0.25x (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.
Only this financial indicator is available for this company.
This estimate is based on the analysis of 103 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 HORIZONTAL SOFTWARE with other companies in the same sector:
Voir toutes les statistiques du secteur Edition de logiciels applicatifs
The revenue of HORIZONTAL SOFTWARE in 2024 is 4.7 M€.
HORIZONTAL SOFTWARE recorded a net loss in 2024.
The headquarters of HORIZONTAL SOFTWARE is located in GIERES (38610), in the department Isere.
The tax return of HORIZONTAL SOFTWARE 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).
HORIZONTAL SOFTWARE operates in the sector Edition de logiciels applicatifs (NAF code 58.29C). See the 'Sector positioning' section above to compare the company with its competitors.