SIREN : 811595719
INDIANA DEVELOPPEMENT is a French company founded 10 years ago, specialized in the sector Activités des sociétés holding. Based in PARIS (75010), this company of category ETI shows in 2024 a revenue of 966 k€. 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 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 966 185 € | 865 620 € | 752 029 € | 454 178 € | 353 401 € | 805 939 € | 69 500 € | 57 000 € | 10 000 € |
| Net income | 184 529 € | 132 024 € | -6 494 € | 43 430 € | -133 821 € | 274 359 € | 129 992 € | 12 545 € | -179 360 € |
| EBITDA | 343 533 € | 333 849 € | 178 346 € | 131 105 € | 57 622 € | 522 086 € | -192 965 € | -162 458 € | -320 402 € |
| Net margin | 19.1% | 15.3% | -0.9% | 9.6% | -37.9% | 34.0% | 187.0% | 22.0% | -1793.6% |
In 2024, INDIANA DEVELOPPEMENT achieves revenue of 966 k€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +77.1%. Vs 2023, growth of +12% (866 k€ -> 966 k€). After deducting consumption (0 €), gross margin stands at 966 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 344 k€, representing 35.6% of revenue. Warning negative scissor effect: despite revenue change (+12%), EBITDA varies by +3%, reducing margin by 3.0 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 185 k€, i.e. 19.1% of revenue. This profit can be retained or distributed to shareholders.
966 185 €
966 185 €
343 533 €
249 403 €
184 529 €
35.6%
The debt ratio (= Financial debt / Equity x 100) stands at 9%. 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 58%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 19.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
8.791%
58.398%
19.066%
0.156
26.6%
In 2024, the debt ratio of INDIANA DEVELOPPEMENT (8.79) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2024, the financial autonomy of INDIANA DEVELOPPEMENT (58.4%) 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 INDIANA DEVELOPPEMENT (0.16) 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 263.42. 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 0.1x. Danger: operating income does not cover interest charges, unsustainable situation.
263.424
0.095
In 2024, the liquidity ratio of INDIANA DEVELOPPEMENT (263.42) 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 INDIANA DEVELOPPEMENT (0.1x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 137 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 34 days. The gap of 103 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 123 days of revenue, i.e. 330 k€ to permanently finance. Over 2016-2024, WCR increased by +275%, requiring additional financing.
329 923 €
137 j
34 j
0 j
123 j
Based on 54 transactions of similar company sales
in 2024,
the value of INDIANA DEVELOPPEMENT is estimated at
1 055 176 €
(range 281 142€ - 1 909 940€).
With an EBITDA of 343 533€, the sector multiple of 4.8x is applied.
The price/revenue ratio is 0.59x
(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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 54 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 INDIANA DEVELOPPEMENT with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des sociétés holding
The revenue of INDIANA DEVELOPPEMENT in 2024 is 966 k€.
Yes, INDIANA DEVELOPPEMENT generated a net profit of 185 k€ in 2024.
The headquarters of INDIANA DEVELOPPEMENT is located in PARIS (75010), in the department Paris.
The tax return of INDIANA 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).
INDIANA DEVELOPPEMENT operates in the sector Activités des sociétés holding (NAF code 64.20Z). See the 'Sector positioning' section above to compare the company with its competitors.