Employees: 02 (2023.0)Legal category: SCA (commandite par actions)Size: PMECreation date: 1988-02-05 (38 years)Status: ActiveBusiness sector: Programmation informatiqueLocation: LILLE (59800), Nord
Les données financières de cette entreprise sont partiellement disponibles (liasse simplifiée ou données confidentielles). Certaines sections ne sont pas affichées.
SARL SYSTEM + : revenue, balance sheet and financial ratios
SARL SYSTEM + is a French company
founded 38 years ago,
specialized in the sector Programmation informatique.
Based in LILLE (59800),
this company of category PME
shows in 2020 a revenue of 585 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - SARL SYSTEM + (SIREN 344781117)
Indicator
2023
2020
Revenue
N/C
585 265 €
Net income
61 597 €
20 486 €
EBITDA
N/C
36 679 €
Net margin
N/C
3.5%
Revenue and income statement
In 2023, SARL SYSTEM + generates positive net income of 62 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2020-2023: 20 k€ -> 62 k€.
Net income (2023)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
61 597 €
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Item
Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 45%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 42%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
Debt ratio (2023)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
45.228%
Financial autonomy (2023)
?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy 20-30% : Average < 20% : Low
41.915%
Asset age ratio (2023)
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Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2020
2023
Debt ratio
75.464
45.228
Financial autonomy
42.957
41.915
Repayment capacity
4.591
None
Cash flow / Revenue
5.047%
None%
Sector positioning
Debt ratio
45.232023
2020
2023
Q1: 0.0
Med: 4.03
Q3: 49.58
Average
In 2023, the debt ratio of SARL SYSTEM + (45.23) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
Financial autonomy
41.91%2023
2020
2023
Q1: 3.98%
Med: 32.33%
Q3: 62.63%
Good
In 2023, the financial autonomy of SARL SYSTEM + (41.9%) 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.
Repayment capacity
4.59 years2020
2020
Q1: 0.0 years
Med: 0.0 years
Q3: 0.56 years
Watch
In 2020, the repayment capacity of SARL SYSTEM + (4.59) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 170.19. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2023)
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Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good 1-1.5 : Fair < 1 : Liquidity risk
170.191
Liquidity indicators evolution SARL SYSTEM +
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2020
2023
Liquidity ratio
340.246
170.191
Interest coverage
0.684
None
Sector positioning
Liquidity ratio
170.192023
2020
2023
Q1: 129.22
Med: 247.92
Q3: 487.46
Average-29 pts over 2 years
In 2023, the liquidity ratio of SARL SYSTEM + (170.19) 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.
Interest coverage
0.68x2020
2020
Q1: 0.0x
Med: 0.0x
Q3: 0.18x
Excellent
In 2020, the interest coverage of SARL SYSTEM + (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) and payment terms
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.
Operating WCR (2023)
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Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released Positive = financing needed
0 €
Customer credit (2023)
?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good 45-60j : Average > 60j : Long
0 j
Supplier credit (2023)
?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow
0 j
Inventory turnover (2023)
?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover
0 j
WCR and payment terms evolution SARL SYSTEM +
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2020
2023
Operating WCR
98 717 €
0 €
Inventory turnover (days)
6
0
Customer payment term (days)
64
0
Supplier payment term (days)
47
0
Positioning of SARL SYSTEM + in its sector
Comparison with sector Programmation informatique
Valuation estimate
Based on 120 transactions of similar company sales
(all years),
the value of SARL SYSTEM + is estimated at
132 585 €
(range 57 534€ - 366 168€).
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.
Estimated enterprise value2023
120 transactions
57k€132k€366k€
132 585 €Range: 57 534€ - 366 168€
NAF 5 all-time
Valuation method used
Net Income Multiple
61 597 €
×
2.2x
=132 585 €
Range: 57 534€ - 366 169€
Only this financial indicator is available for this company.
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
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.
EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
Net Income Multiple: Relevant for mature companies with stable results.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Similar companies (Programmation informatique)
Compare SARL SYSTEM + with other companies in the same sector:
Yes, SARL SYSTEM + generated a net profit of 62 k€ in 2023.
Where is the headquarters of SARL SYSTEM + ?
The headquarters of SARL SYSTEM + is located in LILLE (59800), in the department Nord.
Where to find the tax return of SARL SYSTEM + ?
The tax return of SARL SYSTEM + 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).
In which sector does SARL SYSTEM + operate?
SARL SYSTEM + operates in the sector Programmation informatique (NAF code 62.01Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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