SIREN : 784606576
ICADE PROMOTION is a French company founded 52 years ago, specialized in the sector Promotion immobilière de logements. Based in PUTEAUX (92800), this company of category GE shows in 2024 a revenue of 98.0 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 | 97 999 072 € | 134 993 711 € | 245 701 902 € | 380 294 375 € | 492 526 652 € | 651 897 531 € | 795 689 107 € | 715 959 929 € | 601 000 805 € |
| Net income | -109 052 623 € | -49 377 629 € | 18 550 460 € | 6 864 534 € | -17 751 969 € | 25 707 118 € | 40 489 882 € | 45 570 422 € | 22 912 488 € |
| EBITDA | -56 864 700 € | -55 798 053 € | -22 191 442 € | -9 319 010 € | -18 956 190 € | 27 390 769 € | 38 907 847 € | 17 769 638 € | 11 002 156 € |
| Net margin | -111.3% | -36.6% | 7.5% | 1.8% | -3.6% | 3.9% | 5.1% | 6.4% | 3.8% |
In 2024, ICADE PROMOTION achieves revenue of 98.0 M€. Revenue is declining over the period 2016-2024 (CAGR: -20.3%). Significant drop of -27% vs 2023. After deducting consumption (11.4 M€), gross margin stands at 86.6 M€, i.e. a rate of 88%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -56.9 M€, representing -58.0% of revenue. Warning negative scissor effect: despite revenue change (-27%), EBITDA varies by -2%, reducing margin by 16.7 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -109.1 M€ (-111.3% of revenue), which will impact equity.
97 999 072 €
86 557 638 €
-56 864 700 €
-68 504 808 €
-109 052 623 €
-57.1%
The debt ratio (= Financial debt / Equity x 100) stands at 271%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 7%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
271.269%
6.525%
-71.154%
-2.204
47.1%
In 2024, the debt ratio of ICADE PROMOTION (271.27) 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 2024, the financial autonomy of ICADE PROMOTION (6.5%) 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 ICADE PROMOTION (-2.20) 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 87.81. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
87.812
-152.635
In 2024, the liquidity ratio of ICADE PROMOTION (87.81) 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 ICADE PROMOTION (-152.6x) 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: 260 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 337 days. Excellent situation: suppliers finance 77 days of the operating cycle (retail model). Inventory turnover is 120 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. WCR is negative (-266 days): operations structurally generate cash. Notable WCR improvement over the period (-123%), freeing up cash.
-72 399 754 €
260 j
337 j
120 j
-266 j
Based on 80 transactions of similar company sales
(all years),
the value of ICADE PROMOTION is estimated at
27 416 344 €
(range 9 858 614€ - 67 428 888€).
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.
Only this financial indicator is available for this company.
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 ICADE PROMOTION with other companies in the same sector:
Voir toutes les statistiques du secteur Promotion immobilière de logements
The revenue of ICADE PROMOTION in 2024 is 98.0 M€.
ICADE PROMOTION recorded a net loss in 2024.
The headquarters of ICADE PROMOTION is located in PUTEAUX (92800), in the department Hauts-de-Seine.
The tax return of ICADE PROMOTION 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).
ICADE PROMOTION operates in the sector Promotion immobilière de logements (NAF code 41.10A). See the 'Sector positioning' section above to compare the company with its competitors.