SIREN : 510046220
MIAGE is a French company founded 17 years ago, specialized in the sector Promotion immobilière de logements. Based in SALLANCHES (74700), this company of category PME shows in 2024 a revenue of 4.8 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 |
|---|---|---|---|---|---|
| Revenue | 4 805 135 € | 37 240 € | 4 018 080 € | 11 819 740 € | 8 896 572 € |
| Net income | 419 074 € | -23 177 € | 492 812 € | 2 303 061 € | 1 812 460 € |
| EBITDA | 543 137 € | -24 446 € | 699 641 € | 3 199 418 € | 2 523 428 € |
| Net margin | 8.7% | -62.2% | 12.3% | 19.5% | 20.4% |
In 2024, MIAGE achieves revenue of 4.8 M€. Revenue is declining over the period 2020-2024 (CAGR: -14.3%). Vs 2023, growth of +12803% (37 k€ -> 4.8 M€). After deducting consumption (4.5 M€), gross margin stands at 282 k€, i.e. a rate of 6%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 543 k€, representing 11.3% of revenue. Positive scissor effect: EBITDA margin improves by +76.9 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 419 k€, i.e. 8.7% of revenue. This profit can be retained or distributed to shareholders.
4 805 135 €
282 016 €
543 137 €
572 990 €
419 074 €
11.3%
The debt ratio (= Financial debt / Equity x 100) stands at 123%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 26%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 14.5 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 8.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
122.768%
25.782%
8.097%
14.502
In 2024, the debt ratio of MIAGE (122.77) 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 MIAGE (25.8%) 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 MIAGE (14.50) 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 819.14. 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 22.1x. Operating income very largely covers interest expenses: high safety margin.
819.144
22.101
In 2024, the liquidity ratio of MIAGE (819.14) 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 MIAGE (22.1x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 412 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 75 days. The gap of 337 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 437 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 679 days of revenue, i.e. 9.1 M€ to permanently finance. Over 2020-2024, WCR increased by +1109%, requiring additional financing.
9 062 965 €
412 j
75 j
437 j
679 j
Based on 80 transactions of similar company sales
(all years),
the value of MIAGE is estimated at
872 609 €
(range 318 685€ - 2 362 185€).
With an EBITDA of 543 137€, the sector multiple of 1.0x is applied.
The price/revenue ratio is 0.28x
(conservative valuation).
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.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 80 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 MIAGE with other companies in the same sector:
Voir toutes les statistiques du secteur Promotion immobilière de logements
The revenue of MIAGE in 2024 is 4.8 M€.
Yes, MIAGE generated a net profit of 419 k€ in 2024.
The headquarters of MIAGE is located in SALLANCHES (74700), in the department Haute-Savoie.
The tax return of MIAGE 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).
MIAGE operates in the sector Promotion immobilière de logements (NAF code 41.10A). See the 'Sector positioning' section above to compare the company with its competitors.