SIREN : 537968232
MILESTONES ASSOCIATES is a French company founded 14 years ago, specialized in the sector Gestion de fonds. Based in VIEURE (03430), this company of category PME shows in 2021 a revenue of 19 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-04-18
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|
| Revenue | 18 840 € | 18 840 € | 3 440 € | 2 450 € |
| Net income | 13 652 € | 15 971 € | 1 172 € | 1 640 € |
| EBITDA | 16 059 € | 18 470 € | 2 758 € | 1 954 € |
| Net margin | 72.5% | 84.8% | 34.1% | 66.9% |
In 2021, MILESTONES ASSOCIATES achieves revenue of 19 k€. Over the period 2018-2021, the company shows strong growth with a CAGR (compound annual growth rate) of +97.4%. Slight decline of 0% vs 2020. After deducting consumption (0 €), gross margin stands at 19 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 16 k€, representing 85.2% of revenue. Warning negative scissor effect: despite revenue change (+0%), EBITDA varies by -13%, reducing margin by 12.8 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 14 k€, i.e. 72.5% of revenue. This profit can be retained or distributed to shareholders.
18 840 €
18 840 €
16 059 €
16 059 €
13 652 €
85.2%
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 64%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Cash flow represents 72.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
0.0%
64.409%
72.463%
0.0
In 2021, the debt ratio of MILESTONES ASSOCIATES (0.00) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.
In 2021, the financial autonomy of MILESTONES ASSOCIATES (64.4%) 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 2021, the repayment capacity of MILESTONES ASSOCIATES (0.00) 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 280.97. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
280.972
0.0
In 2021, the liquidity ratio of MILESTONES ASSOCIATES (280.97) 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 2021, the interest coverage of MILESTONES ASSOCIATES (0.0x) 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: 814 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 0 days. The gap of 814 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 622 days of revenue, i.e. 33 k€ to permanently finance. Over 2018-2021, WCR increased by +1149%, requiring additional financing.
32 531 €
814 j
0 j
0 j
622 j
Based on 76 transactions of similar company sales
in 2021,
the value of MILESTONES ASSOCIATES is estimated at
54 880 €
(range 18 837€ - 104 659€).
With an EBITDA of 16 059€, the sector multiple of 2.9x is applied.
The price/revenue ratio is 0.33x
(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 76 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 MILESTONES ASSOCIATES with other companies in the same sector:
The revenue of MILESTONES ASSOCIATES in 2021 is 19 k€.
Yes, MILESTONES ASSOCIATES generated a net profit of 14 k€ in 2021.
The headquarters of MILESTONES ASSOCIATES is located in VIEURE (03430), in the department Allier.
The tax return of MILESTONES ASSOCIATES 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).
MILESTONES ASSOCIATES operates in the sector Gestion de fonds (NAF code 66.30Z). See the 'Sector positioning' section above to compare the company with its competitors.