NEIGE AZUR DEVELOPPEMENT : revenue, balance sheet and financial ratios

NEIGE AZUR DEVELOPPEMENT is a French company founded 12 years ago, specialized in the sector Conseil pour les affaires et autres conseils de gestion. Based in CARROS (06510), this company of category PME shows in 2024 a revenue of 193 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 - NEIGE AZUR DEVELOPPEMENT (SIREN 802208041)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 193 196 € 204 765 € 290 606 € 306 000 € 328 000 € 372 670 € 400 000 € 384 000 € 398 500 €
Net income 30 994 € -514 € 19 426 € 7 709 € 10 736 € 15 414 € 15 004 € 14 396 € 22 594 €
EBITDA -9 054 € 11 483 € 19 612 € 10 381 € 10 738 € 15 414 € 7 562 € 5 000 € 15 189 €
Net margin 16.0% -0.3% 6.7% 2.5% 3.3% 4.1% 3.8% 3.7% 5.7%

Revenue and income statement

In 2024, NEIGE AZUR DEVELOPPEMENT achieves revenue of 193 k€. Revenue is declining over the period 2016-2024 (CAGR: -8.7%). Slight decline of -6% vs 2023. After deducting consumption (0 €), gross margin stands at 193 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 -9 k€, representing -4.7% of revenue. Warning negative scissor effect: despite revenue change (-6%), EBITDA varies by -179%, reducing margin by 10.3 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 31 k€, i.e. 16.0% 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

193 196 €

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

193 196 €

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

-9 054 €

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

-11 454 €

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

30 994 €

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

-4.7%

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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 5%. 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 46%. 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 0.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 16.0% 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

5.144%

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

46.112%

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

16.043%

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

0.222

Solvency indicators evolution
NEIGE AZUR DEVELOPPEMENT

Sector positioning

Debt ratio
5.14 2024
2022
2023
2024
Q1: 0.0
Med: 3.99
Q3: 41.75
Average +11 pts over 3 years

In 2024, the debt ratio of NEIGE AZUR DEVELOPPEMENT (5.14) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
46.11% 2024
2022
2023
2024
Q1: 4.19%
Med: 38.81%
Q3: 76.4%
Good +9 pts over 3 years

In 2024, the financial autonomy of NEIGE AZUR DEVELOPPEMENT (46.1%) 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
0.22 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 1.1 years
Average

In 2024, the repayment capacity of NEIGE AZUR DEVELOPPEMENT (0.22) 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 0.15. Alert: short-term debt exceeds current assets. Risk of payment difficulties without cash reinforcement.

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

0.153

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

-1.336

Liquidity indicators evolution
NEIGE AZUR DEVELOPPEMENT

Sector positioning

Liquidity ratio
0.15 2024
2022
2023
2024
Q1: 138.7
Med: 312.74
Q3: 965.51
Average

In 2024, the liquidity ratio of NEIGE AZUR DEVELOPPEMENT (0.15) 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
-1.34x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 0.26x
Average

In 2024, the interest coverage of NEIGE AZUR DEVELOPPEMENT (-1.3x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. WCR is negative (-287 days): operations structurally generate cash. Over 2016-2024, WCR increased by +46%, 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

-154 082 €

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

0 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

0 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

-287 j

WCR and payment terms evolution
NEIGE AZUR DEVELOPPEMENT

Positioning of NEIGE AZUR DEVELOPPEMENT in its sector

Comparison with sector Conseil pour les affaires et autres conseils de gestion

Valuation estimate

Based on 69 transactions of similar company sales in 2024, the value of NEIGE AZUR DEVELOPPEMENT is estimated at 162 237 € (range 76 868€ - 299 386€). The price/revenue ratio is 0.66x (in line with sector norms). 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.

Estimated enterprise value 2024
69 tx
76k€ 162k€ 299k€
162 237 € Range: 76 868€ - 299 386€
NAF 5 année 2024

Valuation detail by method

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Revenue Multiple 30%
193 196 € × 0.66x
Estimation 127 297 €
74 083€ - 140 760€
Net Income Multiple 20%
30 994 € × 6.9x
Estimation 214 649 €
81 047€ - 537 328€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 69 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 pour les affaires et autres conseils de gestion)

Compare NEIGE AZUR DEVELOPPEMENT with other companies in the same sector:

Voir toutes les statistiques du secteur Conseil pour les affaires et autres conseils de gestion

Frequently asked questions about NEIGE AZUR DEVELOPPEMENT

What is the revenue of NEIGE AZUR DEVELOPPEMENT ?

The revenue of NEIGE AZUR DEVELOPPEMENT in 2024 is 193 k€.

Is NEIGE AZUR DEVELOPPEMENT profitable?

Yes, NEIGE AZUR DEVELOPPEMENT generated a net profit of 31 k€ in 2024.

Where is the headquarters of NEIGE AZUR DEVELOPPEMENT ?

The headquarters of NEIGE AZUR DEVELOPPEMENT is located in CARROS (06510), in the department Alpes-Maritimes.

Where to find the tax return of NEIGE AZUR DEVELOPPEMENT ?

The tax return of NEIGE AZUR DEVELOPPEMENT 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 NEIGE AZUR DEVELOPPEMENT operate?

NEIGE AZUR DEVELOPPEMENT operates in the sector Conseil pour les affaires et autres conseils de gestion (NAF code 70.22Z). See the 'Sector positioning' section above to compare the company with its competitors.