SIREN : 752694190
ICARE DEVELOPPEMENT is a French company founded 13 years ago, specialized in the sector Ingénierie, études techniques. Based in CHATEAUNEUF-SUR-ISERE (26300), this company of category PME shows in 2023 a revenue of 4.6 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-04-11
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2023 | 2022 | 2021 | 2019 | 2018 |
|---|---|---|---|---|---|
| Revenue | 4 581 111 € | 3 956 795 € | 4 400 112 € | 4 957 658 € | 1 525 313 € |
| Net income | 208 588 € | 128 462 € | -737 263 € | 84 851 € | 101 597 € |
| EBITDA | 242 401 € | 154 095 € | -722 886 € | 80 715 € | 123 058 € |
| Net margin | 4.6% | 3.2% | -16.8% | 1.7% | 6.7% |
In 2023, ICARE DEVELOPPEMENT achieves revenue of 4.6 M€. Over the period 2018-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +24.6%. Vs 2022, growth of +16% (4.0 M€ -> 4.6 M€). After deducting consumption (2 k€), gross margin stands at 4.6 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 242 k€, representing 5.3% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 209 k€, i.e. 4.6% of revenue. This profit can be retained or distributed to shareholders.
4 581 111 €
4 579 084 €
242 401 €
214 205 €
208 588 €
5.3%
The debt ratio (= Financial debt / Equity x 100) stands at -2453%. 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 -1%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 3.2 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 5.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
-2452.573%
-1.496%
5.003%
3.192
60.0%
In 2023, the debt ratio of ICARE DEVELOPPEMENT (-2452.57) 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 2023, the financial autonomy of ICARE DEVELOPPEMENT (-1.5%) 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 2023, the repayment capacity of ICARE DEVELOPPEMENT (3.19) 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 153.74. 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 7.5x. Operating income very largely covers interest expenses: high safety margin.
153.737
7.525
In 2023, the liquidity ratio of ICARE DEVELOPPEMENT (153.74) 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 2023, the interest coverage of ICARE DEVELOPPEMENT (7.5x) 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: 69 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 28 days. The gap of 41 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 14 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 19 days of revenue, i.e. 244 k€ to permanently finance. Over 2018-2023, WCR increased by +480%, requiring additional financing.
243 990 €
69 j
28 j
14 j
19 j
Indicative estimate only : the number of comparable transactions in this sector is limited (47 transactions). This range of 343 946€ to 1 066 322€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 47 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 DEVELOPPEMENT with other companies in the same sector:
Voir toutes les statistiques du secteur Ingénierie, études techniques
The revenue of ICARE DEVELOPPEMENT in 2023 is 4.6 M€.
Yes, ICARE DEVELOPPEMENT generated a net profit of 209 k€ in 2023.
The headquarters of ICARE DEVELOPPEMENT is located in CHATEAUNEUF-SUR-ISERE (26300), in the department Drome.
The tax return of ICARE DEVELOPPEMENT 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 DEVELOPPEMENT operates in the sector Ingénierie, études techniques (NAF code 71.12B). See the 'Sector positioning' section above to compare the company with its competitors.