SIREN : 439816414
NUANCES is a French company founded 24 years ago, specialized in the sector Gestion de fonds. Based in MERIGNAC (33700), this company of category ETI shows in 2024 a revenue of 5.1 M€. 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 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5 126 969 € | 4 884 979 € | 4 301 515 € | 3 177 460 € | 3 637 689 € | 2 964 961 € | 2 437 500 € | 2 688 587 € | 2 445 339 € |
| Net income | 4 085 211 € | 3 893 679 € | 1 460 054 € | 1 027 781 € | 352 923 € | 991 620 € | 567 072 € | -170 856 € | -32 978 € |
| EBITDA | -20 932 € | 439 883 € | 697 971 € | 839 153 € | 522 097 € | 500 725 € | 330 687 € | -161 374 € | 98 912 € |
| Net margin | 79.7% | 79.7% | 33.9% | 32.3% | 9.7% | 33.4% | 23.3% | -6.4% | -1.3% |
In 2024, NUANCES achieves revenue of 5.1 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +9.7%. Vs 2023: +5%. After deducting consumption (0 €), gross margin stands at 5.1 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -21 k€, representing -0.4% of revenue. Warning negative scissor effect: despite revenue change (+5%), EBITDA varies by -105%, reducing margin by 9.4 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 4.1 M€, i.e. 79.7% of revenue. This profit can be retained or distributed to shareholders.
5 126 969 €
5 126 969 €
-20 932 €
-90 947 €
4 085 211 €
-0.4%
The debt ratio (= Financial debt / Equity x 100) stands at 175%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 34%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 13.3 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 79.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
175.08%
33.805%
79.719%
13.32
29.3%
In 2024, the debt ratio of NUANCES (175.08) 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 NUANCES (33.8%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2024, the repayment capacity of NUANCES (13.32) 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 165.55. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
165.547
-2718.866
In 2024, the liquidity ratio of NUANCES (165.55) 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 2024, the interest coverage of NUANCES (-2718.9x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 275 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 66 days. The gap of 209 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 424 days of revenue, i.e. 6.0 M€ to permanently finance. Over 2016-2024, WCR increased by +212%, requiring additional financing.
6 040 236 €
275 j
66 j
0 j
424 j
Based on 62 transactions of similar company sales
in 2024,
the value of NUANCES is estimated at
13 014 369 €
(range 3 913 770€ - 26 535 075€).
The price/revenue ratio is 0.30x
(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.
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This estimate is based on the analysis of 62 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 NUANCES with other companies in the same sector:
The revenue of NUANCES in 2024 is 5.1 M€.
Yes, NUANCES generated a net profit of 4.1 M€ in 2024.
The headquarters of NUANCES is located in MERIGNAC (33700), in the department Gironde.
The tax return of NUANCES 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).
NUANCES operates in the sector Gestion de fonds (NAF code 66.30Z). See the 'Sector positioning' section above to compare the company with its competitors.