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.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

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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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 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) ?
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

Sector positioning

Debt ratio
15.46 2024
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 years 2018
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) ?
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

Sector positioning

Liquidity ratio
2166.76 2024
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
0.0x 2018
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) ?
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

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.