SIREN : 519975544
RHEA is a French company founded 16 years ago, specialized in the sector Activités des sociétés holding. Based in SAINT-PAUL (97460), this company of category ETI shows in 2024 a revenue of 3.9 M€. 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 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3 855 970 € | 3 834 592 € | 3 163 145 € | 3 034 280 € | 1 382 856 € | 1 382 400 € | 1 367 397 € | 1 363 400 € | 1 335 100 € | 1 320 500 € |
| Net income | 3 860 698 € | 2 722 242 € | 4 403 219 € | -65 148 € | -364 108 € | -697 192 € | -652 172 € | 51 727 € | 263 580 € | 43 004 € |
| EBITDA | 498 031 € | -64 886 € | 139 974 € | 713 206 € | -324 967 € | 129 960 € | 243 821 € | 287 074 € | 316 187 € | 320 750 € |
| Net margin | 100.1% | 71.0% | 139.2% | -2.1% | -26.3% | -50.4% | -47.7% | 3.8% | 19.7% | 3.3% |
In 2024, RHEA achieves revenue of 3.9 M€. Over the period 2015-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +12.6%. Vs 2023: +1%. After deducting consumption (0 €), gross margin stands at 3.9 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 498 k€, representing 12.9% of revenue. Positive scissor effect: EBITDA margin improves by +14.6 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 3.9 M€, i.e. 100.1% of revenue. This profit can be retained or distributed to shareholders.
3 855 970 €
3 855 970 €
498 031 €
484 248 €
3 860 698 €
12.9%
The debt ratio (= Financial debt / Equity x 100) stands at 424%. 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 18%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 11.4 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 114.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
424.331%
18.339%
114.937%
11.366
56.0%
In 2024, the debt ratio of RHEA (424.33) 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 RHEA (18.3%) 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 RHEA (11.37) 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 8065.57. 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 417.3x. Operating income very largely covers interest expenses: high safety margin.
8065.568
417.301
In 2024, the liquidity ratio of RHEA (8065.57) 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 RHEA (417.3x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 65 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 61 days. The company must finance 4 days of gap between collections and payments. Overall, WCR represents 2450 days of revenue, i.e. 26.2 M€ to permanently finance. Over 2015-2024, WCR increased by +12704%, requiring additional financing.
26 239 760 €
65 j
61 j
0 j
2450 j
Based on 54 transactions of similar company sales
in 2024,
the value of RHEA is estimated at
3 012 581 €
(range 1 346 532€ - 8 651 568€).
With an EBITDA of 498 031€, the sector multiple of 4.8x is applied.
The price/revenue ratio is 0.59x
(in line with sector norms).
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 54 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 RHEA with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des sociétés holding
The revenue of RHEA in 2024 is 3.9 M€.
Yes, RHEA generated a net profit of 3.9 M€ in 2024.
The headquarters of RHEA is located in SAINT-PAUL (97460), in the department La Reunion.
The tax return of RHEA 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).
RHEA operates in the sector Activités des sociétés holding (NAF code 64.20Z). See the 'Sector positioning' section above to compare the company with its competitors.