Employees: NN (None)Legal category: SCA (commandite par actions)Size: PMECreation date: 2010-01-01 (16 years)Status: ActiveBusiness sector: Programmation informatiqueLocation: BIDART (64210), Pyrenees-Atlantiques
IZAR DEVELOPPEMENTS : revenue, balance sheet and financial ratios
IZAR DEVELOPPEMENTS is a French company
founded 16 years ago,
specialized in the sector Programmation informatique.
Based in BIDART (64210),
this company of category PME
shows in 2018 a revenue of 28 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - IZAR DEVELOPPEMENTS (SIREN 520261348)
Indicator
2024
2020
2018
2017
2016
Revenue
N/C
N/C
28 232 €
31 271 €
28 151 €
Net income
-9 232 €
-86 €
1 301 €
-6 827 €
-9 129 €
EBITDA
N/C
N/C
2 411 €
-6 672 €
-16 545 €
Net margin
N/C
N/C
4.6%
-21.8%
-32.4%
Revenue and income statement
In 2024, IZAR DEVELOPPEMENTS records a net loss of 9 k€. This deficit will reduce equity on the balance sheet.
Net income (2024)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
-9 232 €
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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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Item
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 15%. 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 83%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
Debt ratio (2024)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
15.465%
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
82.644%
Solvency indicators evolution IZAR DEVELOPPEMENTS
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2020
2024
Debt ratio
6.511
5.711
0.1
1.995
15.465
Financial autonomy
78.368
79.218
85.352
91.391
82.644
Repayment capacity
-0.435
-0.467
0.02
None
None
Cash flow / Revenue
-28.486%
-18.282%
8.412%
None%
None%
Sector positioning
Debt ratio
15.462024
2018
2020
2024
Q1: 0.0
Med: 3.36
Q3: 42.51
Average+32 pts over 3 years
In 2024, the debt ratio of IZAR DEVELOPPEMENTS (15.46) 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
82.64%2024
2018
2020
2024
Q1: 3.88%
Med: 34.74%
Q3: 63.98%
Excellent
In 2024, the financial autonomy of IZAR DEVELOPPEMENTS (82.6%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.
Repayment capacity
0.02 years2018
2018
Q1: 0.0 years
Med: 0.0 years
Q3: 0.31 years
Average
In 2018, the repayment capacity of IZAR DEVELOPPEMENTS (0.02) 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 2166.76. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2024)
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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
2166.763
Liquidity indicators evolution IZAR DEVELOPPEMENTS
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2020
2024
Liquidity ratio
580.078
600.626
682.876
1462.021
2166.763
Interest coverage
0.0
0.0
0.0
None
None
Sector positioning
Liquidity ratio
2166.762024
2018
2020
2024
Q1: 132.21
Med: 250.32
Q3: 499.26
Excellent
In 2024, the liquidity ratio of IZAR DEVELOPPEMENTS (2166.76) 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.
Interest coverage
0.0x2018
2018
Q1: 0.0x
Med: 0.0x
Q3: 0.21x
Average
In 2018, the interest coverage of IZAR DEVELOPPEMENTS (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) and payment terms
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 20736 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 0 days. The gap of 20736 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow.
Operating WCR (2024)
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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
20736 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 IZAR DEVELOPPEMENTS
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2020
2024
Operating WCR
35 104 €
49 216 €
51 320 €
0 €
0 €
Inventory turnover (days)
179
161
140
0
0
Customer payment term (days)
83
63
125
0
20736
Supplier payment term (days)
89
85
87
0
0
Positioning of IZAR DEVELOPPEMENTS in its sector
Comparison with sector Programmation informatique
Similar companies (Programmation informatique)
Compare IZAR DEVELOPPEMENTS with other companies in the same sector:
Frequently asked questions about IZAR DEVELOPPEMENTS
What is the revenue of IZAR DEVELOPPEMENTS ?
The revenue of IZAR DEVELOPPEMENTS in 2018 is 28 k€.
Is IZAR DEVELOPPEMENTS profitable?
IZAR DEVELOPPEMENTS recorded a net loss in 2024.
Where is the headquarters of IZAR DEVELOPPEMENTS ?
The headquarters of IZAR DEVELOPPEMENTS is located in BIDART (64210), in the department Pyrenees-Atlantiques.
Where to find the tax return of IZAR DEVELOPPEMENTS ?
The tax return of IZAR DEVELOPPEMENTS 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 IZAR DEVELOPPEMENTS operate?
IZAR DEVELOPPEMENTS operates in the sector Programmation informatique (NAF code 62.01Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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