POLYCOM FRANCE : revenue, balance sheet and financial ratios

POLYCOM FRANCE is a French company founded 26 years ago, specialized in the sector Intermédiaires spécialisés dans le commerce d'autres produits spécifiques. Based in MEUDON (92190), this company of category ETI shows in 2025 a revenue of 632 k€. 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 - POLYCOM FRANCE (SIREN 423714070)
Indicator 2025 2024 2023 2022 2021 2020 2018 2017 2016
Revenue 632 469 € 2 019 997 € 12 128 589 € 8 266 319 € 7 202 410 € 11 118 953 € 9 073 806 € 10 285 713 € 11 792 591 €
Net income 47 728 € 16 876 € 28 515 € -3 479 616 € 313 201 € 1 359 471 € -417 084 € -606 151 € 430 840 €
EBITDA -157 349 € 980 740 € 7 137 126 € 818 541 € 569 613 € 1 317 864 € -618 133 € -345 136 € 528 704 €
Net margin 7.5% 0.8% 0.2% -42.1% 4.3% 12.2% -4.6% -5.9% 3.7%

Revenue and income statement

In 2025, POLYCOM FRANCE achieves revenue of 632 k€. Revenue is declining over the period 2016-2025 (CAGR: -27.8%). Significant drop of -69% vs 2024. After deducting consumption (0 €), gross margin stands at 632 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 -157 k€, representing -24.9% of revenue. Warning negative scissor effect: despite revenue change (-69%), EBITDA varies by -116%, reducing margin by 73.4 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 48 k€, i.e. 7.5% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2025) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

632 469 €

Gross margin (2025) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

632 469 €

EBITDA (2025) ?
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

-157 349 €

EBIT (2025) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

60 723 €

Net income (2025) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

47 728 €

EBITDA margin (2025) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-24.9%

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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 40%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 9%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2025) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

39.568%

Financial autonomy (2025) ?
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

9.177%

Cash flow / Revenue (2025) ?
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

-26.652%

Repayment capacity (2025) ?
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

-2.235

Solvency indicators evolution
POLYCOM FRANCE

Sector positioning

Debt ratio
39.57 2025
2023
2024
2025
Q1: 0.03
Med: 6.12
Q3: 38.62
Average

In 2025, the debt ratio of POLYCOM FRANCE (39.57) 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
9.18% 2025
2023
2024
2025
Q1: 21.35%
Med: 44.38%
Q3: 70.12%
Watch

In 2025, the financial autonomy of POLYCOM FRANCE (9.2%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.

Repayment capacity
-2.23 years 2025
2023
2024
2025
Q1: 0.0 years
Med: 0.0 years
Q3: 0.67 years
Excellent -35 pts over 3 years

In 2025, the repayment capacity of POLYCOM FRANCE (-2.23) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 92265.82. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2025) ?
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

92265.825

Interest coverage (2025) ?
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

0.0

Liquidity indicators evolution
POLYCOM FRANCE

Sector positioning

Liquidity ratio
92265.82 2025
2023
2024
2025
Q1: 144.58
Med: 224.91
Q3: 433.28
Excellent +22 pts over 3 years

In 2025, the liquidity ratio of POLYCOM FRANCE (92265.82) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
0.0x 2025
2023
2024
2025
Q1: 0.0x
Med: 0.0x
Q3: 0.66x
Average -26 pts over 3 years

In 2025, the interest coverage of POLYCOM FRANCE (0.0x) 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. Average customer payment term: 4888 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 0 days. The gap of 4888 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 5880 days of revenue, i.e. 10.3 M€ to permanently finance. Over 2016-2025, WCR increased by +179%, requiring additional financing.

Operating WCR (2025) ?
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

10 329 971 €

Customer credit (2025) ?
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

4888 j

Supplier credit (2025) ?
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 (2025) ?
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 (2025) ?
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

5880 j

WCR and payment terms evolution
POLYCOM FRANCE

Positioning of POLYCOM FRANCE in its sector

Comparison with sector Intermédiaires spécialisés dans le commerce d'autres produits spécifiques

Valuation estimate

Based on 50 transactions of similar company sales (all years), the value of POLYCOM FRANCE is estimated at 151 587 € (range 81 623€ - 335 771€). The price/revenue ratio is 0.32x (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.

Estimated enterprise value 2025
50 tx
81k€ 151k€ 335k€
151 587 € Range: 81 623€ - 335 771€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

Revenue Multiple 30%
632 469 € × 0.32x
Estimation 201 598 €
100 445€ - 384 403€
Net Income Multiple 20%
47 728 € × 1.6x
Estimation 76 572 €
53 391€ - 262 825€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 50 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 (Intermédiaires spécialisés dans le commerce d'autres produits spécifiques)

Compare POLYCOM FRANCE with other companies in the same sector:

Voir toutes les statistiques du secteur Intermédiaires spécialisés dans le commerce d'autres produits spécifiques

Frequently asked questions about POLYCOM FRANCE

What is the revenue of POLYCOM FRANCE ?

The revenue of POLYCOM FRANCE in 2025 is 632 k€.

Is POLYCOM FRANCE profitable?

Yes, POLYCOM FRANCE generated a net profit of 48 k€ in 2025.

Where is the headquarters of POLYCOM FRANCE ?

The headquarters of POLYCOM FRANCE is located in MEUDON (92190), in the department Hauts-de-Seine.

Where to find the tax return of POLYCOM FRANCE ?

The tax return of POLYCOM FRANCE 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 POLYCOM FRANCE operate?

POLYCOM FRANCE operates in the sector Intermédiaires spécialisés dans le commerce d'autres produits spécifiques (NAF code 46.18Z). See the 'Sector positioning' section above to compare the company with its competitors.