MK SYSTEMS HCSE FRANCE SAS : revenue, balance sheet and financial ratios

MK SYSTEMS HCSE FRANCE SAS is a French company founded 7 years ago, specialized in the sector Conseil en systèmes et logiciels informatiques. Based in CESSON-SEVIGNE (35510), this company of category PME shows in 2024 a revenue of 19.5 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - MK SYSTEMS HCSE FRANCE SAS (SIREN 841519911)
Indicator 2024 2022 2021 2020 2019 2018
Revenue 19 492 165 € 24 794 771 € 25 042 121 € 22 651 750 € 19 758 064 € N/C
Net income 1 441 539 € 1 536 517 € 4 475 393 € 1 630 923 € 1 033 331 € -60 €
EBITDA 1 032 730 € 1 358 190 € 2 247 631 € -801 463 € -1 008 532 € N/C
Net margin 7.4% 6.2% 17.9% 7.2% 5.2% N/C

Revenue and income statement

In 2024, MK SYSTEMS HCSE FRANCE SAS achieves revenue of 19.5 M€. Activity remains stable over the period (CAGR: -0.3%). Significant drop of -21% vs 2022. After deducting consumption (2.1 M€), gross margin stands at 17.4 M€, i.e. a rate of 89%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.0 M€, representing 5.3% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.4 M€, i.e. 7.4% 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

19 492 165 €

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

17 411 071 €

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

1 032 730 €

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

-80 425 €

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

1 441 539 €

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

5.3%

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

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 37%. The balance between equity and debt is satisfactory. 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 13.2% 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

0.12%

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

37.299%

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

13.228%

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

0.007

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

26.1%

Solvency indicators evolution
MK SYSTEMS HCSE FRANCE SAS

Sector positioning

Debt ratio
0.12 2024
2021
2022
2024
Q1: 0.0
Med: 3.93
Q3: 32.58
Good

In 2024, the debt ratio of MK SYSTEMS HCSE FRANCE SAS (0.12) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
37.3% 2024
2021
2022
2024
Q1: 7.97%
Med: 34.38%
Q3: 62.44%
Good +8 pts over 3 years

In 2024, the financial autonomy of MK SYSTEMS HCSE FRANCE SAS (37.3%) 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.

Repayment capacity
0.01 years 2024
2021
2022
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.5 years
Average +25 pts over 3 years

In 2024, the repayment capacity of MK SYSTEMS HCSE FRANCE SAS (0.01) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 176.15. 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 0.0x. Danger: operating income does not cover interest charges, unsustainable situation.

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

176.146

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

0.005

Liquidity indicators evolution
MK SYSTEMS HCSE FRANCE SAS

Sector positioning

Liquidity ratio
176.15 2024
2021
2022
2024
Q1: 141.9
Med: 230.48
Q3: 460.89
Average +10 pts over 3 years

In 2024, the liquidity ratio of MK SYSTEMS HCSE FRANCE SAS (176.15) 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.

Interest coverage
0.01x 2024
2021
2022
2024
Q1: 0.0x
Med: 0.0x
Q3: 1.04x
Good -11 pts over 3 years

In 2024, the interest coverage of MK SYSTEMS HCSE FRANCE SAS (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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 39 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 80 days. Excellent situation: suppliers finance 41 days of the operating cycle (retail model). Overall, WCR represents 282 days of revenue, i.e. 15.3 M€ to permanently finance.

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

15 282 052 €

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

39 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

80 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

282 j

WCR and payment terms evolution
MK SYSTEMS HCSE FRANCE SAS

Positioning of MK SYSTEMS HCSE FRANCE SAS in its sector

Comparison with sector Conseil en systèmes et logiciels informatiques

Valuation estimate

Based on 215 transactions of similar company sales (all years), the value of MK SYSTEMS HCSE FRANCE SAS is estimated at 1 868 261 € (range 877 751€ - 5 191 803€). With an EBITDA of 1 032 730€, 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
877k€ 1868k€ 5191k€
1 868 261 € Range: 877 751€ - 5 191 803€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
1 032 730 € × 1.0x
Estimation 1 008 615 €
380 957€ - 4 457 323€
Revenue Multiple 30%
19 492 165 € × 0.16x
Estimation 3 128 758 €
1 678 267€ - 5 715 160€
Net Income Multiple 20%
1 441 539 € × 1.5x
Estimation 2 126 634 €
918 964€ - 6 242 967€

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 (Conseil en systèmes et logiciels informatiques)

Compare MK SYSTEMS HCSE FRANCE SAS with other companies in the same sector:

Voir toutes les statistiques du secteur Conseil en systèmes et logiciels informatiques

Frequently asked questions about MK SYSTEMS HCSE FRANCE SAS

What is the revenue of MK SYSTEMS HCSE FRANCE SAS ?

The revenue of MK SYSTEMS HCSE FRANCE SAS in 2024 is 19.5 M€.

Is MK SYSTEMS HCSE FRANCE SAS profitable?

Yes, MK SYSTEMS HCSE FRANCE SAS generated a net profit of 1.4 M€ in 2024.

Where is the headquarters of MK SYSTEMS HCSE FRANCE SAS ?

The headquarters of MK SYSTEMS HCSE FRANCE SAS is located in CESSON-SEVIGNE (35510), in the department Ille-et-Vilaine.

Where to find the tax return of MK SYSTEMS HCSE FRANCE SAS ?

The tax return of MK SYSTEMS HCSE FRANCE SAS 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 MK SYSTEMS HCSE FRANCE SAS operate?

MK SYSTEMS HCSE FRANCE SAS operates in the sector Conseil en systèmes et logiciels informatiques (NAF code 62.02A). See the 'Sector positioning' section above to compare the company with its competitors.