MIAP - INFORMATIQUE : revenue, balance sheet and financial ratios

MIAP - INFORMATIQUE is a French company founded 10 years ago, specialized in the sector Tierce maintenance de systèmes et d’applications informatiques. Based in OSNY (95520), this company of category PME shows in 2024 a revenue of 474 k€. 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

Financial history - MIAP - INFORMATIQUE (SIREN 815406079)
Indicator 2024 2022 2021 2020 2019 2016
Revenue 474 247 € 428 884 € 354 966 € 285 838 € 168 081 € 96 213 €
Net income 48 015 € 83 790 € 64 806 € 54 457 € 44 364 € 32 272 €
EBITDA 65 783 € 115 516 € 81 400 € 82 559 € 63 450 € 37 938 €
Net margin 10.1% 19.5% 18.3% 19.1% 26.4% 33.5%

Revenue and income statement

In 2024, MIAP - INFORMATIQUE achieves revenue of 474 k€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +22.1%. Vs 2022, growth of +11% (429 k€ -> 474 k€). After deducting consumption (146 k€), gross margin stands at 329 k€, i.e. a rate of 69%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 66 k€, representing 13.9% of revenue. Warning negative scissor effect: despite revenue change (+11%), EBITDA varies by -43%, reducing margin by 13.1 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 48 k€, i.e. 10.1% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

474 247 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

328 550 €

EBITDA (2024) ?
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

65 783 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

61 877 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

48 015 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

13.9%

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 95%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 37%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.9 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 11.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

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

95.072%

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

37.037%

Cash flow / Revenue (2024) ?
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

11.133%

Repayment capacity (2024) ?
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

0.924

Asset age ratio (2024) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

17.8%

Solvency indicators evolution
MIAP - INFORMATIQUE

Sector positioning

Debt ratio
95.07 2024
2021
2022
2024
Q1: 0.0
Med: 6.26
Q3: 31.65
Watch

In 2024, the debt ratio of MIAP - INFORMATIQUE (95.07) 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
37.04% 2024
2021
2022
2024
Q1: 9.73%
Med: 37.66%
Q3: 64.72%
Average -8 pts over 3 years

In 2024, the financial autonomy of MIAP - INFORMATIQUE (37.0%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
0.92 years 2024
2021
2022
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.37 years
Watch

In 2024, the repayment capacity of MIAP - INFORMATIQUE (0.92) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 258.10. 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 2.0x. Financial charges are adequately covered by operations.

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

258.1

Interest coverage (2024) ?
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

2.016

Liquidity indicators evolution
MIAP - INFORMATIQUE

Sector positioning

Liquidity ratio
258.1 2024
2021
2022
2024
Q1: 148.11
Med: 236.84
Q3: 413.51
Good +25 pts over 3 years

In 2024, the liquidity ratio of MIAP - INFORMATIQUE (258.10) 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.

Interest coverage
2.02x 2024
2021
2022
2024
Q1: 0.0x
Med: 0.0x
Q3: 1.49x
Excellent +20 pts over 3 years

In 2024, the interest coverage of MIAP - INFORMATIQUE (2.0x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 7 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 16 days. Favorable situation: supplier credit is longer than customer credit by 9 days. Overall, WCR represents 4 days of revenue, i.e. 6 k€ to permanently finance. Over 2016-2024, WCR increased by +189%, requiring additional financing.

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

5 634 €

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

7 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

16 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 in days of revenue (2024) ?
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

4 j

WCR and payment terms evolution
MIAP - INFORMATIQUE

Positioning of MIAP - INFORMATIQUE in its sector

Comparison with sector Tierce maintenance de systèmes et d’applications informatiques

Valuation estimate

Based on 215 transactions of similar company sales (all years), the value of MIAP - INFORMATIQUE is estimated at 69 127 € (range 30 504€ - 225 265€). With an EBITDA of 65 783€, the sector multiple of 1.0x is applied. The price/revenue ratio is 0.16x (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.

Estimated enterprise value 2024
215 transactions
30k€ 69k€ 225k€
69 127 € Range: 30 504€ - 225 265€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
65 783 € × 1.0x
Estimation 64 247 €
24 266€ - 283 923€
Revenue Multiple 30%
474 247 € × 0.16x
Estimation 76 123 €
40 832€ - 139 051€
Net Income Multiple 20%
48 015 € × 1.5x
Estimation 70 834 €
30 609€ - 207 942€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 215 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 (Tierce maintenance de systèmes et d’applications informatiques)

Compare MIAP - INFORMATIQUE with other companies in the same sector:

Voir toutes les statistiques du secteur Tierce maintenance de systèmes et d’applications informatiques

Frequently asked questions about MIAP - INFORMATIQUE

What is the revenue of MIAP - INFORMATIQUE ?

The revenue of MIAP - INFORMATIQUE in 2024 is 474 k€.

Is MIAP - INFORMATIQUE profitable?

Yes, MIAP - INFORMATIQUE generated a net profit of 48 k€ in 2024.

Where is the headquarters of MIAP - INFORMATIQUE ?

The headquarters of MIAP - INFORMATIQUE is located in OSNY (95520), in the department Val-d'Oise.

Where to find the tax return of MIAP - INFORMATIQUE ?

The tax return of MIAP - INFORMATIQUE 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 MIAP - INFORMATIQUE operate?

MIAP - INFORMATIQUE operates in the sector Tierce maintenance de systèmes et d’applications informatiques (NAF code 62.02B). See the 'Sector positioning' section above to compare the company with its competitors.