SIREN : 912173440
SECOND STEP is a French company founded 4 years ago, specialized in the sector Gestion de fonds. Based in VERTOU (44120), this company of category PME shows in 2025 a revenue of 90 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-04-18
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Revenue | 90 000 € | 90 000 € | 87 338 € | 43 014 € |
| Net income | 73 068 € | 64 308 € | 108 632 € | 74 376 € |
| EBITDA | -3 518 € | 2 186 € | 1 894 € | -4 745 € |
| Net margin | 81.2% | 71.5% | 124.4% | 172.9% |
In 2025, SECOND STEP achieves revenue of 90 k€. Over the period 2022-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +27.9%. Slight decline of 0% vs 2024. After deducting consumption (0 €), gross margin stands at 90 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 -4 k€, representing -3.9% of revenue. Warning negative scissor effect: despite revenue change (+0%), EBITDA varies by -261%, reducing margin by 6.3 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 73 k€, i.e. 81.2% of revenue. This profit can be retained or distributed to shareholders.
90 000 €
90 000 €
-3 518 €
-3 519 €
73 068 €
-3.9%
The debt ratio (= Financial debt / Equity x 100) stands at 12%. 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 10%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.5 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 81.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
11.737%
10.064%
81.187%
0.48
In 2025, the debt ratio of SECOND STEP (11.74) 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 2025, the financial autonomy of SECOND STEP (10.1%) 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 2025, the repayment capacity of SECOND STEP (0.48) 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 949.27. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
949.269
-10.29
In 2025, the liquidity ratio of SECOND STEP (949.27) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.
In 2025, the interest coverage of SECOND STEP (-10.3x) 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: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 95 days. Excellent situation: suppliers finance 95 days of the operating cycle (retail model). Overall, WCR represents 388 days of revenue, i.e. 97 k€ to permanently finance. Over 2022-2025, WCR increased by +696%, requiring additional financing.
96 938 €
0 j
95 j
0 j
388 j
Indicative estimate only : the number of comparable transactions in this sector is limited (40 transactions). This range of 45 131€ to 316 405€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 40 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 SECOND STEP with other companies in the same sector:
The revenue of SECOND STEP in 2025 is 90 k€.
Yes, SECOND STEP generated a net profit of 73 k€ in 2025.
The headquarters of SECOND STEP is located in VERTOU (44120), in the department Loire-Atlantique.
The tax return of SECOND STEP 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).
SECOND STEP operates in the sector Gestion de fonds (NAF code 66.30Z). See the 'Sector positioning' section above to compare the company with its competitors.