SIREN : 401294392
ICARE is a French company founded 30 years ago, specialized in the sector Supports juridiques de gestion de patrimoine mobilier. Based in LILLE (59160), this company of category ETI shows in 2024 a revenue of 11.7 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 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 11 695 863 € | 12 901 978 € | 5 689 568 € | 3 380 647 € | 3 395 088 € | 3 276 719 € | 2 577 415 € | 2 450 081 € |
| Net income | 4 019 657 € | 2 761 852 € | 2 200 760 € | 817 499 € | 103 285 € | 779 899 € | -3 270 634 € | 694 125 € |
| EBITDA | 580 866 € | 231 585 € | -154 511 € | 180 980 € | 111 863 € | 152 261 € | -116 961 € | 131 454 € |
| Net margin | 34.4% | 21.4% | 38.7% | 24.2% | 3.0% | 23.8% | -126.9% | 28.3% |
In 2024, ICARE achieves revenue of 11.7 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +21.6%. Slight decline of -9% vs 2023. After deducting consumption (5.8 M€), gross margin stands at 5.8 M€, i.e. a rate of 50%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 581 k€, representing 5.0% of revenue. Positive scissor effect: EBITDA margin improves by +3.2 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 4.0 M€, i.e. 34.4% of revenue. This profit can be retained or distributed to shareholders.
11 695 863 €
5 848 662 €
580 866 €
442 338 €
4 019 657 €
5.0%
The debt ratio (= Financial debt / Equity x 100) stands at 251%. 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 26%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 5.7 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 35.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
250.65%
25.743%
35.047%
5.742
28.1%
In 2024, the debt ratio of ICARE (250.65) 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 ICARE (25.7%) 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 ICARE (5.74) 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 858.12. 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 66.2x. Operating income very largely covers interest expenses: high safety margin.
858.123
66.249
In 2024, the liquidity ratio of ICARE (858.12) 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 ICARE (66.2x) 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: 49 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 55 days. Favorable situation: supplier credit is longer than customer credit by 6 days. Overall, WCR represents 112 days of revenue, i.e. 3.6 M€ to permanently finance.
3 644 899 €
49 j
55 j
0 j
112 j
Based on 103 transactions of similar company sales (all years), the value of ICARE is estimated at 4 500 409 € (range 1 884 334€ - 11 332 084€). With an EBITDA of 580 866€, the sector multiple of 2.5x is applied. The price/revenue ratio is 0.30x (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 ICARE with other companies in the same sector:
Voir toutes les statistiques du secteur Supports juridiques de gestion de patrimoine mobilier
The revenue of ICARE in 2024 is 11.7 M€.
Yes, ICARE generated a net profit of 4.0 M€ in 2024.
The headquarters of ICARE is located in LILLE (59160), in the department Nord.
The tax return of ICARE 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).
ICARE operates in the sector Supports juridiques de gestion de patrimoine mobilier (NAF code 66.19A). See the 'Sector positioning' section above to compare the company with its competitors.