SIREN : 852510106
S2M PROJECT is a French company founded 6 years ago, specialized in the sector Activités des sièges sociaux. Based in LE MANS (72000), this company of category PME shows in 2024 a revenue of 187 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 | 2020 |
|---|---|---|---|---|---|
| Revenue | 186 963 € | 212 786 € | 237 741 € | 193 041 € | 183 898 € |
| Net income | -3 197 € | 364 € | 9 551 € | -6 525 € | 10 128 € |
| EBITDA | 94 465 € | 111 825 € | 73 528 € | 59 920 € | 59 615 € |
| Net margin | -1.7% | 0.2% | 4.0% | -3.4% | 5.5% |
In 2024, S2M PROJECT achieves revenue of 187 k€. Revenue is growing positively over 5 years (CAGR: +0.4%). Significant drop of -12% vs 2023. After deducting consumption (0 €), gross margin stands at 187 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 94 k€, representing 50.5% of revenue. Warning negative scissor effect: despite revenue change (-12%), EBITDA varies by -16%, reducing margin by 2.0 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -3 k€ (-1.7% of revenue), which will impact equity.
186 963 €
186 963 €
94 465 €
11 669 €
-3 197 €
50.5%
The debt ratio (= Financial debt / Equity x 100) stands at 3986%. 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 2%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 11.1 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 42.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
3986.349%
2.418%
42.731%
11.137
35.7%
In 2024, the debt ratio of S2M PROJECT (3986.35) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.
In 2024, the financial autonomy of S2M PROJECT (2.4%) 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 S2M PROJECT (11.14) 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 6454.38. 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 63.3x. Operating income very largely covers interest expenses: high safety margin.
6454.383
63.254
In 2024, the liquidity ratio of S2M PROJECT (6454.38) 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 S2M PROJECT (63.2x) 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: 34 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 23 days. The company must finance 11 days of gap between collections and payments. Overall, WCR represents 1318 days of revenue, i.e. 684 k€ to permanently finance. Over 2020-2024, WCR increased by +68%, requiring additional financing.
684 408 €
34 j
23 j
0 j
1318 j
Based on 103 transactions of similar company sales in 2024, the value of S2M PROJECT is estimated at 323 527 € (range 63 754€ - 544 886€). With an EBITDA of 94 465€, the sector multiple of 5.0x is applied. The price/revenue ratio is 0.38x (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 103 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 PROJECT with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des sièges sociaux
The revenue of S2M PROJECT in 2024 is 187 k€.
S2M PROJECT recorded a net loss in 2024.
The headquarters of S2M PROJECT is located in LE MANS (72000), in the department Sarthe.
The tax return of S2M PROJECT 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 PROJECT operates in the sector Activités des sièges sociaux (NAF code 70.10Z). See the 'Sector positioning' section above to compare the company with its competitors.