SIREN : 811806215
LESPACE is a French company founded 10 years ago, specialized in the sector Location de terrains et d'autres biens immobiliers. Based in PARIS (75009), this company of category GE shows in 2024 a revenue of 108.8 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-04-25
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 108 794 610 € | 92 922 201 € | 62 848 588 € | 39 491 918 € | 31 016 313 € | 28 440 672 € | 15 504 895 € | 10 268 646 € |
| Net income | 827 415 € | 14 300 355 € | 5 372 015 € | -2 630 318 € | -1 030 918 € | 1 643 219 € | -1 286 559 € | 37 336 € |
| EBITDA | 9 161 380 € | 26 577 264 € | 12 820 535 € | 1 411 458 € | 3 718 339 € | 5 844 342 € | 562 372 € | 649 582 € |
| Net margin | 0.8% | 15.4% | 8.5% | -6.7% | -3.3% | 5.8% | -8.3% | 0.4% |
In 2024, LESPACE achieves revenue of 108.8 M€. Over the period 2017-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +40.1%. Vs 2023, growth of +17% (92.9 M€ -> 108.8 M€). After deducting consumption (988 k€), gross margin stands at 107.8 M€, i.e. a rate of 99%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 9.2 M€, representing 8.4% of revenue. Warning negative scissor effect: despite revenue change (+17%), EBITDA varies by -66%, reducing margin by 20.2 pts. This reflects costs rising faster than revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 827 k€, i.e. 0.8% of revenue. This profit can be retained or distributed to shareholders.
108 794 610 €
107 806 954 €
9 161 380 €
1 504 057 €
827 415 €
8.4%
The debt ratio (= Financial debt / Equity x 100) stands at 136%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 22%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 3.7 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 7.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
135.755%
21.719%
7.812%
3.682
56.4%
In 2024, the debt ratio of LESPACE (135.75) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2024, the financial autonomy of LESPACE (21.7%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2024, the repayment capacity of LESPACE (3.68) 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 112.53. 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 6.7x. Operating income very largely covers interest expenses: high safety margin.
112.53
6.693
In 2024, the liquidity ratio of LESPACE (112.53) 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 LESPACE (6.7x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 33 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 130 days. Excellent situation: suppliers finance 97 days of the operating cycle (retail model). Overall, WCR represents 74 days of revenue, i.e. 22.3 M€ to permanently finance. Over 2017-2024, WCR increased by +1510%, requiring additional financing.
22 318 126 €
33 j
130 j
0 j
74 j
Based on 169 transactions of similar company sales in 2024, the value of LESPACE is estimated at 53 105 748 € (range 17 189 448€ - 96 923 403€). With an EBITDA of 9 161 380€, the sector multiple of 5.6x is applied. The price/revenue ratio is 0.81x (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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 169 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 LESPACE with other companies in the same sector:
Voir toutes les statistiques du secteur Location de terrains et d'autres biens immobiliers
The revenue of LESPACE in 2024 is 108.8 M€.
Yes, LESPACE generated a net profit of 827 k€ in 2024.
The headquarters of LESPACE is located in PARIS (75009), in the department Paris.
The tax return of LESPACE 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).
LESPACE operates in the sector Location de terrains et d'autres biens immobiliers (NAF code 68.20B). See the 'Sector positioning' section above to compare the company with its competitors.