LATESYS INNOVATION : revenue, balance sheet and financial ratios

LATESYS INNOVATION is a French company founded 9 years ago, specialized in the sector Recherche-développement en autres sciences physiques et naturelles. Based in SAINTE-FOY-D'AIGREFEUILLE (31570), this company of category ETI shows in 2025 a revenue of 1.0 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-09-19

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

Synthèse

Santé financière : Saine

Aucun signal de fragilité majeur : rentabilité positive et structure financière équilibrée.

In summary, LATESYS INNOVATION combines a growing business with positive profitability. Its financial structure is fragile, with debt above sector norms — a point to monitor.

Financial history - LATESYS INNOVATION (SIREN 830615969)
Indicator 2025 2024 2023 2022 2021 2020 2019 2018
Revenue 1 023 741 € 579 217 € 802 481 € 3 903 911 € 538 950 € 329 147 € 969 246 € 1 177 329 €
Net income 127 032 € -29 119 € 80 122 € 215 399 € 120 125 € 95 581 € 169 240 € 194 204 €
EBITDA 154 470 € -26 595 € 139 910 € 230 590 € 156 752 € 124 317 € 242 724 € 286 219 €
Net margin 12.4% -5.0% 10.0% 5.5% 22.3% 29.0% 17.5% 16.5%

Revenue and income statement

In 2025, LATESYS INNOVATION achieves revenue of 1.0 M€. Over the period 2021-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +17.4%. Vs 2024, growth of +77% (579 k€ -> 1.0 M€). EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 154 k€, representing 15.1% of revenue. Positive scissor effect: EBITDA margin improves by +19.7 pts, sign of improved operational efficiency. This ratio is more favorable than the sector median (5.3%). Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 127 k€, i.e. 12.4% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2025) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

1 023 741 €

Gross margin (2025) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

1 023 741 €

EBITDA (2025) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

154 470 €

EBIT (2025) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

154 466 €

Net income (2025) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

127 032 €

EBITDA margin (2025) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

15.1%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 34%. This ratio is less favorable than the sector median (0.3%) and warrants attention. Financial autonomy (= Equity / Total assets x 100) reaches 29%. This ratio is slightly less favorable than the sector median (52.2%). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 3.0 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 12.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This ratio is more favorable than the sector median (8.7%).

Debt ratio (2025) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

34.45%

Financial autonomy (2025) ?
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

28.69%

Cash flow / Revenue (2025) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

12.41%

Repayment capacity (2025) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

3.05

Solvency indicators evolution
LATESYS INNOVATION

Sector positioning

Debt ratio
34.45% 2025
Q1: 0.0%
Med: 0.27%
Q3: 25.64%
Watch +6 pts over 3 years

In 2025, the debt ratio of LATESYS INNOVATION (34.5%) 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
28.69% 2025
Q1: 26.63%
Med: 52.16%
Q3: 74.43%
Average -25 pts over 3 years

In 2025, the financial autonomy of LATESYS INNOVATION (28.7%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 1.64. This ratio is slightly less favorable than the sector median (2.3).

Liquidity ratio (2025) ?
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

1.64

Interest coverage (2025) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

0.0

Liquidity indicators evolution
LATESYS INNOVATION

Sector positioning

Liquidity ratio
1.64 2025
Q1: 1.45
Med: 2.33
Q3: 5.16
Average -28 pts over 3 years

In 2025, the liquidity ratio of LATESYS INNOVATION (1.64) 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.

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: 109 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 767 days. Excellent situation: suppliers finance 658 days of the operating cycle (retail model). Overall, WCR represents 1291 days of revenue, i.e. 3.7 M€ to permanently finance. Between 2022 and 2025, WCR worsened by 797 days of revenue, signaling an increased financing need.

Operating WCR (2025) ?
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

3 670 746 €

Customer credit (2025) ?
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

109 j

Supplier credit (2025) ?
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

767 j

Inventory turnover (2025) ?
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 in days of revenue (2025) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

1291 j

WCR and payment terms evolution
LATESYS INNOVATION

Positioning of LATESYS INNOVATION in its sector

Comparison with sector Recherche-développement en autres sciences physiques et naturelles

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (26 transactions). This range of 111 920€ to 1 364 200€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2025
Indicative
111k€ 379k€ 1364k€
379 972 € Range: 111 920€ - 1 364 200€
NAF 5 all-time
How is this estimate calculated?

This estimate is based on the analysis of 26 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 (Recherche-développement en autres sciences physiques et naturelles)

Compare LATESYS INNOVATION with other companies in the same sector:

Top companies in Recherche-développement en autres sciences physiques et naturelles

Largest companies by revenue in the sector Recherche-développement en autres sciences physiques et naturelles:

Top companies in Haute-Garonne

Largest companies by revenue in the department Haute-Garonne:

Frequently asked questions about LATESYS INNOVATION

What is the revenue of LATESYS INNOVATION ?

The revenue of LATESYS INNOVATION in 2025 is 1.0 M€.

Is LATESYS INNOVATION profitable?

Yes, LATESYS INNOVATION generated a net profit of 127 k€ in 2025.

Where is the headquarters of LATESYS INNOVATION ?

The headquarters of LATESYS INNOVATION is located in SAINTE-FOY-D'AIGREFEUILLE (31570), in the department Haute-Garonne.

Where to find the tax return of LATESYS INNOVATION ?

The tax return of LATESYS INNOVATION 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 LATESYS INNOVATION operate?

LATESYS INNOVATION operates in the sector Recherche-développement en autres sciences physiques et naturelles (NAF code 72.19Z). See the 'Sector positioning' section above to compare the company with its competitors.