PRAXIS LANGUEDOC : revenue, balance sheet and financial ratios
PRAXIS LANGUEDOC is a French company
founded 13 years ago,
specialized in the sector Nettoyage courant des bâtiments.
Based in MONTPELLIER (34000),
this company of category PME
shows in 2024 a revenue of 1.7 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - PRAXIS LANGUEDOC (SIREN 752734004)
Indicator
2024
2023
2022
2021
2020
2018
2017
2016
2015
Revenue
1 651 291 €
2 163 962 €
2 411 793 €
2 300 616 €
2 385 964 €
2 360 660 €
1 712 331 €
N/C
N/C
Net income
-126 185 €
-191 762 €
3 898 €
158 191 €
185 763 €
322 973 €
165 626 €
80 450 €
84 630 €
EBITDA
-32 470 €
-69 491 €
72 798 €
229 200 €
276 762 €
348 258 €
233 909 €
N/C
N/C
Net margin
-7.6%
-8.9%
0.2%
6.9%
7.8%
13.7%
9.7%
N/C
N/C
Revenue and income statement
In 2024, PRAXIS LANGUEDOC achieves revenue of 1.7 M€. Activity remains stable over the period (CAGR: -0.5%). Significant drop of -24% vs 2023. After deducting consumption (56 k€), gross margin stands at 1.6 M€, i.e. a rate of 97%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -32 k€, representing -2.0% of revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -126 k€ (-7.6% of revenue), which will impact equity.
Revenue (2024)
?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production
1 651 291 €
Gross margin (2024)
?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
1 595 367 €
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
-32 470 €
EBIT (2024)
?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
-60 636 €
Net income (2024)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
-126 185 €
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
-2.0%
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Item
Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at -549%. 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 -12%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
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
-548.931%
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
-12.186%
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
-6.663%
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
-14.864
Asset age ratio (2024)
?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2015
2016
2017
2018
2020
2021
2022
2023
2024
Debt ratio
182.848
108.346
34.275
111.831
587.127
700.128
8893.918
-965.674
-548.931
Financial autonomy
19.31
27.471
43.021
32.094
10.202
8.951
0.698
-7.432
-12.186
Repayment capacity
None
None
0.837
3.076
6.179
6.816
40.308
-8.659
-14.864
Cash flow / Revenue
None%
None%
11.056%
9.562%
8.055%
7.606%
1.495%
-9.04%
-6.663%
Sector positioning
Debt ratio
-548.932024
2022
2023
2024
Q1: 0.0
Med: 9.64
Q3: 46.81
Excellent-50 pts over 3 years
In 2024, the debt ratio of PRAXIS LANGUEDOC (-548.93) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.
Financial autonomy
-12.19%2024
2022
2023
2024
Q1: 7.62%
Med: 29.57%
Q3: 51.09%
Average
In 2024, the financial autonomy of PRAXIS LANGUEDOC (-12.2%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
Repayment capacity
-14.86 years2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.78 years
Excellent-50 pts over 3 years
In 2024, the repayment capacity of PRAXIS LANGUEDOC (-14.86) 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 103.98. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
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
103.98
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
-210.835
Liquidity indicators evolution PRAXIS LANGUEDOC
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2015
2016
2017
2018
2020
2021
2022
2023
2024
Liquidity ratio
114.777
119.138
121.128
142.052
110.852
104.75
119.432
125.834
103.98
Interest coverage
None
None
2.663
1.525
2.185
3.558
25.966
-91.995
-210.835
Sector positioning
Liquidity ratio
103.982024
2022
2023
2024
Q1: 112.03
Med: 158.61
Q3: 240.18
Watch
In 2024, the liquidity ratio of PRAXIS LANGUEDOC (103.98) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.
Interest coverage
-210.84x2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 1.79x
Watch-51 pts over 3 years
In 2024, the interest coverage of PRAXIS LANGUEDOC (-210.8x) 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) and payment terms
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 188 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 368 days. Excellent situation: suppliers finance 180 days of the operating cycle (retail model). Overall, WCR represents 159 days of revenue, i.e. 730 k€ 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
730 019 €
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
188 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
368 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
159 j
WCR and payment terms evolution PRAXIS LANGUEDOC
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2015
2016
2017
2018
2020
2021
2022
2023
2024
Operating WCR
0 €
0 €
5 890 €
74 786 €
54 114 €
59 011 €
336 735 €
481 676 €
730 019 €
Inventory turnover (days)
0
0
0
0
0
0
0
0
0
Customer payment term (days)
0
0
66
72
60
55
110
126
188
Supplier payment term (days)
0
0
68
61
62
83
123
158
368
Positioning of PRAXIS LANGUEDOC in its sector
Comparison with sector Nettoyage courant des bâtiments
Valuation estimate
Indicative estimate only : the number of comparable transactions in this sector is limited (29 transactions).
This range of 329 530€ to 602 648€ is provided for information purposes only and requires in-depth analysis to be confirmed.
Estimated enterprise value2024
Indicative
329k€517k€602k€
517 323 €Range: 329 530€ - 602 648€
NAF 5 année 2024
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 29 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 (Nettoyage courant des bâtiments)
Compare PRAXIS LANGUEDOC with other companies in the same sector:
The revenue of PRAXIS LANGUEDOC in 2024 is 1.7 M€.
Is PRAXIS LANGUEDOC profitable?
PRAXIS LANGUEDOC recorded a net loss in 2024.
Where is the headquarters of PRAXIS LANGUEDOC ?
The headquarters of PRAXIS LANGUEDOC is located in MONTPELLIER (34000), in the department Herault.
Where to find the tax return of PRAXIS LANGUEDOC ?
The tax return of PRAXIS LANGUEDOC 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 PRAXIS LANGUEDOC operate?
PRAXIS LANGUEDOC operates in the sector Nettoyage courant des bâtiments (NAF code 81.21Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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