SIREN : 798671335
MANDAE is a French company founded 12 years ago, specialized in the sector Activités des agents et courtiers d'assurances. Based in CRETEIL (94000), this company of category ETI shows in 2024 a revenue of 19.2 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 19 240 093 € | 18 657 417 € | 18 202 780 € | 17 826 236 € | 17 698 934 € | 17 739 676 € | 19 571 904 € | 19 798 509 € | 20 648 762 € |
| Net income | 2 662 467 € | 1 660 840 € | 1 809 295 € | 1 056 683 € | 1 575 692 € | 1 703 607 € | 2 951 319 € | 2 845 696 € | -3 838 333 € |
| EBITDA | 3 556 773 € | 2 311 191 € | 1 888 432 € | 1 942 310 € | 2 470 920 € | 2 146 206 € | 3 851 978 € | -464 094 € | -364 624 € |
| Net margin | 13.8% | 8.9% | 9.9% | 5.9% | 8.9% | 9.6% | 15.1% | 14.4% | -18.6% |
In 2024, MANDAE achieves revenue of 19.2 M€. Activity remains stable over the period (CAGR: -0.9%). Vs 2023: +3%. After deducting consumption (0 €), gross margin stands at 19.2 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 3.6 M€, representing 18.5% of revenue. Positive scissor effect: EBITDA margin improves by +6.1 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 2.7 M€, i.e. 13.8% of revenue. This profit can be retained or distributed to shareholders.
19 240 093 €
19 240 093 €
3 556 773 €
3 549 690 €
2 662 467 €
18.4%
The debt ratio (= Financial debt / Equity x 100) stands at 0%. 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 61%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 13.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
0.248%
61.327%
13.835%
0.013
9.6%
In 2024, the debt ratio of MANDAE (0.25) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2024, the financial autonomy of MANDAE (61.3%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.
In 2024, the repayment capacity of MANDAE (0.01) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.
The liquidity ratio (= Current assets / Current liabilities) stands at 274.64. 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 0.8x. Danger: operating income does not cover interest charges, unsustainable situation.
274.638
0.82
In 2024, the liquidity ratio of MANDAE (274.64) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.
In 2024, the interest coverage of MANDAE (0.8x) 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: 69 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 62 days. The company must finance 7 days of gap between collections and payments. WCR is negative (-8 days): operations structurally generate cash. Over 2016-2024, WCR increased by +46%, requiring additional financing.
-452 335 €
69 j
62 j
0 j
-8 j
Based on 193 transactions of similar company sales (all years), the value of MANDAE is estimated at 8 895 346 € (range 2 644 394€ - 26 429 348€). With an EBITDA of 3 556 773€, the sector multiple of 1.2x is applied. The price/revenue ratio is 0.98x (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.
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This estimate is based on the analysis of 193 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 MANDAE with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des agents et courtiers d'assurances
The revenue of MANDAE in 2024 is 19.2 M€.
Yes, MANDAE generated a net profit of 2.7 M€ in 2024.
The headquarters of MANDAE is located in CRETEIL (94000), in the department Val-de-Marne.
The tax return of MANDAE 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).
MANDAE operates in the sector Activités des agents et courtiers d'assurances (NAF code 66.22Z). See the 'Sector positioning' section above to compare the company with its competitors.