SIREN : 892283714
PROGEDEV is a French company founded 5 years ago, specialized in the sector Programmation informatique. Based in CENON (33150), this company of category PME shows in 2024 a revenue of 233 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Revenue | 232 999 € | 110 971 € | 214 500 € | 130 850 € |
| Net income | 63 713 € | 58 063 € | 141 812 € | 68 558 € |
| EBITDA | 45 928 € | 42 605 € | 149 909 € | 71 983 € |
| Net margin | 27.3% | 52.3% | 66.1% | 52.4% |
In 2024, PROGEDEV achieves revenue of 233 k€. Over the period 2021-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +21.2%. Vs 2023, growth of +110% (111 k€ -> 233 k€). After deducting consumption (0 €), gross margin stands at 233 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 46 k€, representing 19.7% of revenue. Warning negative scissor effect: despite revenue change (+110%), EBITDA varies by +8%, reducing margin by 18.7 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 64 k€, i.e. 27.3% of revenue. This profit can be retained or distributed to shareholders.
232 999 €
232 999 €
45 928 €
45 682 €
63 713 €
19.3%
The debt ratio (= Financial debt / Equity x 100) stands at 0%. 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 65%. 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 0.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 27.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
0.228%
65.414%
27.062%
0.005
7.2%
In 2024, the debt ratio of PROGEDEV (0.23) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2024, the financial autonomy of PROGEDEV (65.4%) 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 2024, the repayment capacity of PROGEDEV (0.01) 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 540.17. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
540.169
0.0
In 2024, the liquidity ratio of PROGEDEV (540.17) 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.
In 2024, the interest coverage of PROGEDEV (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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 144 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 12 days. The gap of 132 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 113 days of revenue, i.e. 73 k€ to permanently finance. Over 2021-2024, WCR increased by +464%, requiring additional financing.
73 357 €
144 j
12 j
0 j
113 j
Based on 120 transactions of similar company sales (all years), the value of PROGEDEV is estimated at 97 478 € (range 44 792€ - 262 656€). With an EBITDA of 45 928€, the sector multiple of 2.2x is applied. The price/revenue ratio is 0.27x (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.
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This estimate is based on the analysis of 120 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 PROGEDEV with other companies in the same sector:
Voir toutes les statistiques du secteur Programmation informatique
The revenue of PROGEDEV in 2024 is 233 k€.
Yes, PROGEDEV generated a net profit of 64 k€ in 2024.
The headquarters of PROGEDEV is located in CENON (33150), in the department Gironde.
The tax return of PROGEDEV 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).
PROGEDEV operates in the sector Programmation informatique (NAF code 62.01Z). See the 'Sector positioning' section above to compare the company with its competitors.