SIREN : 852538461
NACON is a French company founded 6 years ago, specialized in the sector Édition de jeux électroniques. Based in FRETIN (59273), this company of category ETI shows in 2025 a revenue of 102.4 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 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Revenue | 102 394 000 € | 106 724 000 € | 98 258 000 € | 89 637 000 € | 102 668 000 € | 49 068 € |
| Net income | -1 754 000 € | 5 282 000 € | 5 599 000 € | 5 845 000 € | 17 692 000 € | 1 396 € |
| EBITDA | -9 141 000 € | 469 000 € | 5 627 000 € | -3 727 000 € | 11 740 000 € | 1 034 € |
| Net margin | -1.7% | 4.9% | 5.7% | 6.5% | 17.2% | 2.8% |
In 2025, NACON achieves revenue of 102.4 M€. Over the period 2020-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +361.2%. Slight decline of -4% vs 2024. After deducting consumption (80.8 M€), gross margin stands at 21.6 M€, i.e. a rate of 21%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -9.1 M€, representing -8.9% of revenue. Warning negative scissor effect: despite revenue change (-4%), EBITDA varies by -2049%, reducing margin by 9.4 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -1.8 M€ (-1.7% of revenue), which will impact equity.
102 394 000 €
21 640 000 €
-9 141 000 €
-4 015 000 €
-1 754 000 €
-8.9%
The debt ratio (= Financial debt / Equity x 100) stands at 54%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 52%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
53.582%
52.413%
-4.227%
-29.044
34.8%
In 2025, the debt ratio of NACON (53.58) 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.
In 2025, the financial autonomy of NACON (52.4%) 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 2025, the repayment capacity of NACON (-29.04) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.
The liquidity ratio (= Current assets / Current liabilities) stands at 377.37. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
377.367
-49.841
In 2025, the liquidity ratio of NACON (377.37) 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 2025, the interest coverage of NACON (-49.8x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 68 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 158 days. Excellent situation: suppliers finance 90 days of the operating cycle (retail model). Inventory turnover is 81 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 941 days of revenue, i.e. 267.6 M€ to permanently finance. Over 2020-2025, WCR increased by +242209%, requiring additional financing.
267 567 809 €
68 j
158 j
81 j
941 j
Based on 103 transactions of similar company sales (all years), the value of NACON is estimated at 25 478 903 € (range 11 255 464€ - 56 074 661€). The price/revenue ratio is 0.25x (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.
Only this financial indicator is available for this company.
This estimate is based on the analysis of 103 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 NACON with other companies in the same sector:
Voir toutes les statistiques du secteur Édition de jeux électroniques
The revenue of NACON in 2025 is 102.4 M€.
NACON recorded a net loss in 2025.
The headquarters of NACON is located in FRETIN (59273), in the department Nord.
The tax return of NACON 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).
NACON operates in the sector Édition de jeux électroniques (NAF code 58.21Z). See the 'Sector positioning' section above to compare the company with its competitors.