ITEC SERVICES : revenue, balance sheet and financial ratios

ITEC SERVICES is a French company founded 12 years ago, specialized in the sector Programmation informatique. Based in ARLES (13200), this company of category PME shows in 2022 a revenue of 1.6 M€. 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

Financial history - ITEC SERVICES (SIREN 801132929)
Indicator 2024 2023 2022 2021 2020
Revenue N/C N/C 1 577 056 € 1 176 234 € N/C
Net income 62 789 € 52 017 € 55 608 € 60 261 € -257 068 €
EBITDA N/C N/C 111 533 € 66 991 € N/C
Net margin N/C N/C 3.5% 5.1% N/C

Revenue and income statement

In 2024, ITEC SERVICES generates positive net income of 63 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax.

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

62 789 €

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 255%. 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 8%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

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

254.818%

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

7.655%

Asset age ratio (2024) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

27.6%

Solvency indicators evolution
ITEC SERVICES

Sector positioning

Debt ratio
254.82 2024
2022
2023
2024
Q1: 0.0
Med: 3.36
Q3: 42.51
Watch +50 pts over 3 years

In 2024, the debt ratio of ITEC SERVICES (254.82) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
7.66% 2024
2022
2023
2024
Q1: 3.88%
Med: 34.74%
Q3: 63.98%
Average

In 2024, the financial autonomy of ITEC SERVICES (7.7%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
3.49 years 2022
2022
Q1: 0.0 years
Med: 0.0 years
Q3: 0.75 years
Average

In 2022, the repayment capacity of ITEC SERVICES (3.49) 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 114.91. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

114.91

Liquidity indicators evolution
ITEC SERVICES

Sector positioning

Liquidity ratio
114.91 2024
2022
2023
2024
Q1: 132.21
Med: 250.32
Q3: 499.26
Average

In 2024, the liquidity ratio of ITEC SERVICES (114.91) 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
1.71x 2022
2022
Q1: 0.0x
Med: 0.0x
Q3: 0.71x
Excellent

In 2022, the interest coverage of ITEC SERVICES (1.7x) 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.

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

0 €

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

0 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

0 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 and payment terms evolution
ITEC SERVICES

Positioning of ITEC SERVICES in its sector

Comparison with sector Programmation informatique

Valuation estimate

Based on 120 transactions of similar company sales (all years), the value of ITEC SERVICES is estimated at 135 151 € (range 58 647€ - 373 254€). 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.

Estimated enterprise value 2024
120 transactions
58k€ 135k€ 373k€
135 151 € Range: 58 647€ - 373 254€
NAF 5 all-time

Valuation method used

Net Income Multiple
62 789 € × 2.2x = 135 151 €
Range: 58 648€ - 373 255€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 120 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 (Programmation informatique)

Compare ITEC SERVICES with other companies in the same sector:

Voir toutes les statistiques du secteur Programmation informatique

Frequently asked questions about ITEC SERVICES

What is the revenue of ITEC SERVICES ?

The revenue of ITEC SERVICES in 2022 is 1.6 M€.

Is ITEC SERVICES profitable?

Yes, ITEC SERVICES generated a net profit of 63 k€ in 2024.

Where is the headquarters of ITEC SERVICES ?

The headquarters of ITEC SERVICES is located in ARLES (13200), in the department Bouches-du-Rhone.

Where to find the tax return of ITEC SERVICES ?

The tax return of ITEC SERVICES 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 ITEC SERVICES operate?

ITEC SERVICES operates in the sector Programmation informatique (NAF code 62.01Z). See the 'Sector positioning' section above to compare the company with its competitors.