SIREN : 399243922
HOROQUARTZ is a French company founded 31 years ago, specialized in the sector Edition de logiciels applicatifs. Based in MASSY (91300), this company of category ETI shows in 2024 a revenue of 81.5 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-09
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 81 459 537 € | 74 189 501 € | 66 158 087 € | 63 486 221 € | 57 965 070 € | 61 191 499 € | 58 806 555 € | 54 960 379 € | 51 965 740 € | N/C |
| Net income | 10 834 520 € | 10 644 934 € | 9 114 342 € | 8 493 084 € | 6 059 419 € | 5 899 655 € | 5 192 085 € | 5 019 072 € | 4 394 127 € | 4 027 648 € |
| EBITDA | 18 955 191 € | 16 737 682 € | 14 344 462 € | 13 643 059 € | 9 812 888 € | 10 516 113 € | 8 382 508 € | 8 108 633 € | 7 162 139 € | N/C |
| Net margin | 13.3% | 14.3% | 13.8% | 13.4% | 10.5% | 9.6% | 8.8% | 9.1% | 8.5% | N/C |
In 2024, HOROQUARTZ achieves revenue of 81.5 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +5.8%. Vs 2023: +10%. After deducting consumption (18.2 M€), gross margin stands at 63.3 M€, i.e. a rate of 78%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 19.0 M€, representing 23.3% 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 10.8 M€, i.e. 13.3% of revenue. This profit can be retained or distributed to shareholders.
81 459 537 €
63 307 665 €
18 955 191 €
14 906 101 €
10 834 520 €
23.2%
The debt ratio (= Financial debt / Equity x 100) stands at 0%. 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 73%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Cash flow represents 18.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
0.006%
72.755%
18.755%
0.0
25.3%
In 2024, the debt ratio of HOROQUARTZ (0.01) 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 HOROQUARTZ (72.8%) 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 HOROQUARTZ (0.00) 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 455.33. 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 0.0x. Danger: operating income does not cover interest charges, unsustainable situation.
455.331
0.011
In 2024, the liquidity ratio of HOROQUARTZ (455.33) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.
In 2024, the interest coverage of HOROQUARTZ (0.0x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 79 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 48 days. The gap of 31 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 10 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-48 days): operations structurally generate cash.
-10 825 972 €
79 j
48 j
10 j
-48 j
Based on 103 transactions of similar company sales (all years), the value of HOROQUARTZ is estimated at 17 913 630 € (range 6 685 888€ - 51 842 126€). With an EBITDA of 18 955 191€, the sector multiple of 1.0x is applied. 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.
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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 HOROQUARTZ with other companies in the same sector:
Voir toutes les statistiques du secteur Edition de logiciels applicatifs
The revenue of HOROQUARTZ in 2024 is 81.5 M€.
Yes, HOROQUARTZ generated a net profit of 10.8 M€ in 2024.
The headquarters of HOROQUARTZ is located in MASSY (91300), in the department Essonne.
The tax return of HOROQUARTZ 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).
HOROQUARTZ 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.