SIREN : 450677034
ICARE is a French company founded 22 years ago, specialized in the sector Gestion de fonds. Based in GENTILLY (94250), this company of category PME shows in 2024 a revenue of 166 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-04-25
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 165 517 € | 164 275 € | -4 272 € | 8 333 € | 24 036 € | 306 221 € | 331 849 € | 498 522 € | 503 990 € |
| Net income | -259 970 € | 69 975 € | 30 700 € | -126 604 € | 81 040 € | 8 931 € | -80 722 € | 73 775 € | 60 484 € |
| EBITDA | -86 955 € | -125 555 € | -11 844 € | -19 747 € | -8 379 € | -16 930 € | -28 861 € | 169 161 € | 79 456 € |
| Net margin | -157.1% | 42.6% | -718.6% | -1519.3% | 337.2% | 2.9% | -24.3% | 14.8% | 12.0% |
In 2024, ICARE achieves revenue of 166 k€. Revenue is declining over the period 2016-2024 (CAGR: -13.0%). Vs 2023: +1%. After deducting consumption (44 k€), gross margin stands at 122 k€, i.e. a rate of 74%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -87 k€, representing -52.5% of revenue. Positive scissor effect: EBITDA margin improves by +23.9 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -260 k€ (-157.1% of revenue), which will impact equity.
165 517 €
121 921 €
-86 955 €
-1 747 €
-259 970 €
-52.1%
The debt ratio (= Financial debt / Equity x 100) stands at 105%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 40%. The balance between equity and debt is satisfactory.
104.655%
39.744%
-48.483%
-3.032
64.1%
In 2024, the debt ratio of ICARE (104.66) 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 (39.7%) 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 (-3.03) 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 293.73. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
293.729
-310.352
In 2024, the liquidity ratio of ICARE (293.73) 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 2024, the interest coverage of ICARE (-310.4x) 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: 474 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 51 days. The gap of 423 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 495 days of revenue, i.e. 227 k€ to permanently finance. Notable WCR improvement over the period (-56%), freeing up cash.
227 457 €
474 j
51 j
0 j
495 j
Based on 62 transactions of similar company sales
in 2024,
the value of ICARE is estimated at
50 385 €
(range 26 070€ - 140 293€).
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.
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 62 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:
The revenue of ICARE in 2024 is 166 k€.
ICARE recorded a net loss in 2024.
The headquarters of ICARE is located in GENTILLY (94250), in the department Val-de-Marne.
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 Gestion de fonds (NAF code 66.30Z). See the 'Sector positioning' section above to compare the company with its competitors.