SIREN : 492116173
S2M DEVELOPPEMENT is a French company founded 19 years ago, specialized in the sector Activités des sociétés holding. Based in BRIANCON (05100), this company of category PME shows in 2024 a revenue of 311 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 311 127 € | 348 000 € | 348 000 € | 348 000 € | 348 000 € | 348 000 € | 348 000 € | 317 000 € | 348 000 € |
| Net income | 181 447 € | 135 931 € | 246 445 € | 55 482 € | 193 148 € | 134 216 € | 204 775 € | 65 500 € | 80 137 € |
| EBITDA | 23 046 € | 35 836 € | 88 556 € | 70 049 € | 74 029 € | 65 853 € | 63 321 € | 37 957 € | 72 040 € |
| Net margin | 58.3% | 39.1% | 70.8% | 15.9% | 55.5% | 38.6% | 58.8% | 20.7% | 23.0% |
In 2024, S2M DEVELOPPEMENT achieves revenue of 311 k€. Activity remains stable over the period (CAGR: -1.4%). Significant drop of -11% vs 2023. After deducting consumption (0 €), gross margin stands at 311 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 23 k€, representing 7.4% of revenue. Warning negative scissor effect: despite revenue change (-11%), EBITDA varies by -36%, reducing margin by 2.9 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 181 k€, i.e. 58.3% of revenue. This profit can be retained or distributed to shareholders.
311 127 €
311 127 €
23 046 €
23 046 €
181 447 €
7.4%
The debt ratio (= Financial debt / Equity x 100) stands at 1%. 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 86%. 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 0.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 58.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
1.247%
86.069%
58.319%
0.163
In 2024, the debt ratio of S2M DEVELOPPEMENT (1.25) 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 S2M DEVELOPPEMENT (86.1%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.
In 2024, the repayment capacity of S2M DEVELOPPEMENT (0.16) 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 571.35. 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.
571.345
0.651
In 2024, the liquidity ratio of S2M DEVELOPPEMENT (571.35) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.
In 2024, the interest coverage of S2M DEVELOPPEMENT (0.7x) 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: 347 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 23 days. The gap of 324 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 1300 days of revenue, i.e. 1.1 M€ to permanently finance. Over 2016-2024, WCR increased by +133%, requiring additional financing.
1 123 284 €
347 j
23 j
0 j
1300 j
Based on 54 transactions of similar company sales
in 2024,
the value of S2M DEVELOPPEMENT is estimated at
163 659 €
(range 77 411€ - 432 384€).
With an EBITDA of 23 046€, 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 S2M DEVELOPPEMENT with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des sociétés holding
The revenue of S2M DEVELOPPEMENT in 2024 is 311 k€.
Yes, S2M DEVELOPPEMENT generated a net profit of 181 k€ in 2024.
The headquarters of S2M DEVELOPPEMENT is located in BRIANCON (05100), in the department Hautes-Alpes.
The tax return of S2M DEVELOPPEMENT 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).
S2M DEVELOPPEMENT 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.