SIREN : 840962765
MIDDLEWAY GROUP is a French company founded 7 years ago, specialized in the sector Services administratifs combinés de bureau. Based in LYON (69002), this company of category PME shows in 2024 a revenue of 553 k€. 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 |
|---|---|---|---|---|---|---|
| Revenue | 552 685 € | 791 170 € | 461 272 € | 606 380 € | 309 065 € | 183 976 € |
| Net income | 656 926 € | 842 821 € | 419 659 € | 496 451 € | 223 669 € | 179 176 € |
| EBITDA | 361 309 € | 353 804 € | 179 698 € | 289 465 € | 187 163 € | 92 863 € |
| Net margin | 118.9% | 106.5% | 91.0% | 81.9% | 72.4% | 97.4% |
In 2024, MIDDLEWAY GROUP achieves revenue of 553 k€. Over the period 2019-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +24.6%. Significant drop of -30% vs 2023. After deducting consumption (0 €), gross margin stands at 553 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 361 k€, representing 65.4% of revenue. Positive scissor effect: EBITDA margin improves by +20.7 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 657 k€, i.e. 118.9% of revenue. This profit can be retained or distributed to shareholders.
552 685 €
552 685 €
361 309 €
361 308 €
656 926 €
65.4%
The debt ratio (= Financial debt / Equity x 100) stands at 19%. 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 81%. 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 0.5 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 99.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
18.608%
80.882%
99.69%
0.476
In 2024, the debt ratio of MIDDLEWAY GROUP (18.61) 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 MIDDLEWAY GROUP (80.9%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.
In 2024, the repayment capacity of MIDDLEWAY GROUP (0.48) 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 1521.27. 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 3.6x. Financial charges are adequately covered by operations.
1521.273
3.572
In 2024, the liquidity ratio of MIDDLEWAY GROUP (1521.27) 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 MIDDLEWAY GROUP (3.6x) 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: 123 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 34 days. The gap of 89 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 418 days of revenue, i.e. 642 k€ to permanently finance. Over 2019-2024, WCR increased by +645%, requiring additional financing.
641 601 €
123 j
34 j
0 j
418 j
Based on 173 transactions of similar company sales (all years), the value of MIDDLEWAY GROUP is estimated at 1 147 611 € (range 359 168€ - 2 598 163€). With an EBITDA of 361 309€, the sector multiple of 3.4x is applied. The price/revenue ratio is 0.38x (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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 173 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 MIDDLEWAY GROUP with other companies in the same sector:
Voir toutes les statistiques du secteur Services administratifs combinés de bureau
The revenue of MIDDLEWAY GROUP in 2024 is 553 k€.
Yes, MIDDLEWAY GROUP generated a net profit of 657 k€ in 2024.
The headquarters of MIDDLEWAY GROUP is located in LYON (69002), in the department Rhone.
The tax return of MIDDLEWAY GROUP 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).
MIDDLEWAY GROUP operates in the sector Services administratifs combinés de bureau (NAF code 82.11Z). See the 'Sector positioning' section above to compare the company with its competitors.