Employees: 11 (2023.0)Legal category: SCA (commandite par actions)Size: PMECreation date: 2013-02-06 (13 years)Status: ActiveBusiness sector: Organisation de foires, salons professionnels et congrèsLocation: MULSANNE (72230), Sarthe
IEVENT SYSTEM : revenue, balance sheet and financial ratios
IEVENT SYSTEM is a French company
founded 13 years ago,
specialized in the sector Organisation de foires, salons professionnels et congrès.
Based in MULSANNE (72230),
this company of category PME
shows in 2024 a revenue of 18.2 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - IEVENT SYSTEM (SIREN 791005994)
Indicator
2024
2023
2022
2021
2020
2019
2018
2017
2016
Revenue
18 186 095 €
14 014 904 €
4 502 296 €
2 449 352 €
1 452 387 €
5 721 914 €
4 692 442 €
4 399 861 €
4 463 432 €
Net income
1 375 479 €
897 699 €
-228 601 €
314 064 €
-70 441 €
125 727 €
81 022 €
26 060 €
64 919 €
EBITDA
2 251 601 €
909 452 €
-283 071 €
293 171 €
-91 672 €
184 491 €
156 665 €
107 021 €
158 711 €
Net margin
7.6%
6.4%
-5.1%
12.8%
-4.9%
2.2%
1.7%
0.6%
1.5%
Revenue and income statement
In 2024, IEVENT SYSTEM achieves revenue of 18.2 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +19.2%. Vs 2023, growth of +30% (14.0 M€ -> 18.2 M€). After deducting consumption (51 k€), gross margin stands at 18.1 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 2.3 M€, representing 12.4% of revenue. Positive scissor effect: EBITDA margin improves by +5.9 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.4 M€, i.e. 7.6% of revenue. This profit can be retained or distributed to shareholders.
Revenue (2024)
?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production
18 186 095 €
Gross margin (2024)
?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
18 135 198 €
EBITDA (2024)
?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity
2 251 601 €
EBIT (2024)
?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
1 920 370 €
Net income (2024)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
1 375 479 €
EBITDA margin (2024)
?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability 5-10% : Average < 5% : Low
12.4%
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 42%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 25%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.5 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 9.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
Debt ratio (2024)
?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
41.507%
Financial autonomy (2024)
?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy 20-30% : Average < 20% : Low
25.229%
Cash flow / Revenue (2024)
?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates
9.531%
Repayment capacity (2024)
?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent 3-5 years : Fair > 5 years : Warning
0.484
Asset age ratio (2024)
?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Debt ratio
103.966
62.15
59.357
25.69
299.749
171.574
489.785
102.988
41.507
Financial autonomy
21.771
20.513
35.418
41.074
19.099
27.632
9.612
20.209
25.229
Repayment capacity
1.161
1.252
1.199
0.742
-9.088
3.732
-5.603
1.231
0.484
Cash flow / Revenue
3.573%
2.303%
3.009%
2.488%
-7.162%
9.674%
-5.741%
6.226%
9.531%
Sector positioning
Debt ratio
41.512024
2022
2023
2024
Q1: 0.0
Med: 6.15
Q3: 41.32
Average
In 2024, the debt ratio of IEVENT SYSTEM (41.51) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
Financial autonomy
25.23%2024
2022
2023
2024
Q1: 3.99%
Med: 27.87%
Q3: 55.09%
Average+16 pts over 3 years
In 2024, the financial autonomy of IEVENT SYSTEM (25.2%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
Repayment capacity
0.48 years2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.67 years
Average+43 pts over 3 years
In 2024, the repayment capacity of IEVENT SYSTEM (0.48) 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.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 157.85. 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 1.1x. Coverage is limited: any activity downturn would jeopardize interest payments.
Liquidity ratio (2024)
?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good 1-1.5 : Fair < 1 : Liquidity risk
157.848
Interest coverage (2024)
?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable 1.5-3 : Acceptable < 1.5 : Risk
1.092
Liquidity indicators evolution IEVENT SYSTEM
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Liquidity ratio
131.846
115.829
163.04
173.307
265.126
293.943
323.083
210.319
157.848
Interest coverage
1.251
1.542
1.138
0.58
-1.487
1.362
-3.666
1.632
1.092
Sector positioning
Liquidity ratio
157.852024
2022
2023
2024
Q1: 121.4
Med: 202.74
Q3: 381.14
Average-30 pts over 3 years
In 2024, the liquidity ratio of IEVENT SYSTEM (157.85) 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.
Interest coverage
1.09x2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 0.69x
Excellent+50 pts over 3 years
In 2024, the interest coverage of IEVENT SYSTEM (1.1x) 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) and payment terms
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 39 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 48 days. Favorable situation: supplier credit is longer than customer credit by 9 days. Overall, WCR represents 39 days of revenue, i.e. 2.0 M€ to permanently finance. Over 2016-2024, WCR increased by +970%, requiring additional financing.
Operating WCR (2024)
?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released Positive = financing needed
1 954 096 €
Customer credit (2024)
?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good 45-60j : Average > 60j : Long
39 j
Supplier credit (2024)
?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow
48 j
Inventory turnover (2024)
?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover
0 j
WCR in days of revenue (2024)
?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management
39 j
WCR and payment terms evolution IEVENT SYSTEM
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Operating WCR
182 644 €
404 655 €
106 565 €
197 692 €
193 632 €
249 834 €
1 000 680 €
1 908 409 €
1 954 096 €
Inventory turnover (days)
0
0
0
0
0
0
0
0
0
Customer payment term (days)
14
18
5
11
34
25
47
42
39
Supplier payment term (days)
15
35
11
14
57
50
27
38
48
Positioning of IEVENT SYSTEM in its sector
Comparison with sector Organisation de foires, salons professionnels et congrès
Valuation estimate
Based on 63 transactions of similar company sales
(all years),
the value of IEVENT SYSTEM is estimated at
5 957 814 €
(range 2 558 733€ - 15 536 652€).
With an EBITDA of 2 251 601€, the sector multiple of 1.6x is applied.
The price/revenue ratio is 0.68x
(in line with sector norms).
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.
Estimated enterprise value2024
63 tx
2558k€5957k€15536k€
5 957 814 €Range: 2 558 733€ - 15 536 652€
NAF 5 all-time
Valuation detail by method
Ajustez les pondérations selon votre analyse
EBITDA Multiple50%
2 251 601 €×1.6x
Estimation3 517 122 €
1 668 804€ - 13 921 014€
Revenue Multiple30%
18 186 095 €×0.68x
Estimation12 373 732 €
4 716 631€ - 23 004 166€
Net Income Multiple20%
1 375 479 €×1.8x
Estimation2 435 671 €
1 546 714€ - 8 374 481€
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 63 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
Net Income Multiple: Relevant for mature companies with stable results.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Similar companies (Organisation de foires, salons professionnels et congrès)
Compare IEVENT SYSTEM with other companies in the same sector:
Yes, IEVENT SYSTEM generated a net profit of 1.4 M€ in 2024.
Where is the headquarters of IEVENT SYSTEM ?
The headquarters of IEVENT SYSTEM is located in MULSANNE (72230), in the department Sarthe.
Where to find the tax return of IEVENT SYSTEM ?
The tax return of IEVENT SYSTEM 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).
In which sector does IEVENT SYSTEM operate?
IEVENT SYSTEM operates in the sector Organisation de foires, salons professionnels et congrès (NAF code 82.30Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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