SIREN : 483555884
IMAGO RESEARCH is a French company founded 20 years ago, specialized in the sector Études de marché et sondages. Based in BOULOGNE-BILLANCOURT (92100), this company of category PME shows in 2020 a revenue of 176 k€. 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 | 2020 | 2019 | 2017 | 2016 |
|---|---|---|---|---|
| Revenue | 176 482 € | 302 022 € | 273 404 € | 305 929 € |
| Net income | 10 668 € | 46 262 € | 43 100 € | 31 718 € |
| EBITDA | 14 558 € | 59 899 € | 55 737 € | 39 463 € |
| Net margin | 6.0% | 15.3% | 15.8% | 10.4% |
In 2020, IMAGO RESEARCH achieves revenue of 176 k€. Revenue is declining over the period 2016-2020 (CAGR: -12.8%). Significant drop of -42% vs 2019. After deducting consumption (0 €), gross margin stands at 176 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 15 k€, representing 8.2% of revenue. Warning negative scissor effect: despite revenue change (-42%), EBITDA varies by -76%, reducing margin by 11.6 pts. This reflects costs rising faster than revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 11 k€, i.e. 6.0% of revenue. This profit can be retained or distributed to shareholders.
176 482 €
176 482 €
14 558 €
12 551 €
10 668 €
8.2%
The debt ratio (= Financial debt / Equity x 100) stands at 153%. 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 33%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 6.2 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 7.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
152.558%
33.487%
7.181%
6.199
7.7%
In 2020, the debt ratio of IMAGO RESEARCH (152.56) 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 2020, the financial autonomy of IMAGO RESEARCH (33.5%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.
In 2020, the repayment capacity of IMAGO RESEARCH (6.20) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.
The liquidity ratio (= Current assets / Current liabilities) stands at 641.82. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
641.818
0.0
In 2020, the liquidity ratio of IMAGO RESEARCH (641.82) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.
In 2020, the interest coverage of IMAGO RESEARCH (0.0x) 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: 84 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 13 days. The gap of 71 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 62 days of revenue, i.e. 30 k€ to permanently finance. Over 2016-2020, WCR increased by +392%, requiring additional financing.
30 454 €
84 j
13 j
0 j
62 j
Based on 107 transactions of similar company sales (all years), the value of IMAGO RESEARCH is estimated at 36 719 € (range 13 723€ - 79 228€). With an EBITDA of 14 558€, the sector multiple of 2.6x is applied. The price/revenue ratio is 0.23x (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 107 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 IMAGO RESEARCH with other companies in the same sector:
Voir toutes les statistiques du secteur Études de marché et sondages
The revenue of IMAGO RESEARCH in 2020 is 176 k€.
Yes, IMAGO RESEARCH generated a net profit of 11 k€ in 2020.
The headquarters of IMAGO RESEARCH is located in BOULOGNE-BILLANCOURT (92100), in the department Hauts-de-Seine.
The tax return of IMAGO RESEARCH 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).
IMAGO RESEARCH operates in the sector Études de marché et sondages (NAF code 73.20Z). See the 'Sector positioning' section above to compare the company with its competitors.