SIREN : 399187566
PROCEDE is a French company founded 31 years ago, specialized in the sector Fabrication de matériel médico-chirurgical et dentaire. Based in PARIS (75007), this company of category PME shows in 2021 a revenue of 3.7 M€. 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
| Indicator | 2021 | 2020 | 2019 |
|---|---|---|---|
| Revenue | 3 659 594 € | 2 443 213 € | 2 496 610 € |
| Net income | 460 746 € | 74 376 € | -147 303 € |
| EBITDA | 790 361 € | 226 641 € | 27 677 € |
| Net margin | 12.6% | 3.0% | -5.9% |
In 2021, PROCEDE achieves revenue of 3.7 M€. Over the period 2019-2021, the company shows strong growth with a CAGR (compound annual growth rate) of +21.1%. Vs 2020, growth of +50% (2.4 M€ -> 3.7 M€). After deducting consumption (529 k€), gross margin stands at 3.1 M€, i.e. a rate of 86%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 790 k€, representing 21.6% of revenue. Positive scissor effect: EBITDA margin improves by +12.3 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 461 k€, i.e. 12.6% of revenue. This profit can be retained or distributed to shareholders.
3 659 594 €
3 130 987 €
790 361 €
628 751 €
460 746 €
21.5%
The debt ratio (= Financial debt / Equity x 100) stands at 25%. 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 68%. 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 0.7 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 16.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
24.864%
68.08%
16.842%
0.713
33.4%
In 2021, the debt ratio of PROCEDE (24.86) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2021, the financial autonomy of PROCEDE (68.1%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.
In 2021, the repayment capacity of PROCEDE (0.71) 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 268.75. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 0.7x. Danger: operating income does not cover interest charges, unsustainable situation.
268.748
0.694
In 2021, the liquidity ratio of PROCEDE (268.75) 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 2021, the interest coverage of PROCEDE (0.7x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 28 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 34 days. Favorable situation: supplier credit is longer than customer credit by 6 days. Inventory turnover is 14 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 25 days of revenue, i.e. 258 k€ to permanently finance. Over 2019-2021, WCR increased by +22%, requiring additional financing.
257 928 €
28 j
34 j
14 j
25 j
Based on 57 transactions of similar company sales
(all years),
the value of PROCEDE is estimated at
1 533 161 €
(range 378 169€ - 2 930 236€).
With an EBITDA of 790 361€, the sector multiple of 2.5x is applied.
The price/revenue ratio is 0.23x
(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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 57 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 PROCEDE with other companies in the same sector:
Voir toutes les statistiques du secteur Fabrication de matériel médico-chirurgical et dentaire
The revenue of PROCEDE in 2021 is 3.7 M€.
Yes, PROCEDE generated a net profit of 461 k€ in 2021.
The headquarters of PROCEDE is located in PARIS (75007), in the department Paris.
The tax return of PROCEDE 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).
PROCEDE operates in the sector Fabrication de matériel médico-chirurgical et dentaire (NAF code 32.50A). See the 'Sector positioning' section above to compare the company with its competitors.