SIREN : 421795543
SERIAL CODERS is a French company founded 27 years ago, specialized in the sector Conseil en systèmes et logiciels informatiques. Based in MONTPELLIER (34000), this company of category PME shows in 2018 a revenue of 246 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 | 2018 | 2017 | 2016 |
|---|---|---|---|
| Revenue | 246 355 € | 306 507 € | 356 907 € |
| Net income | 2 449 € | 13 721 € | 2 680 € |
| EBITDA | 10 021 € | 19 182 € | 22 961 € |
| Net margin | 1.0% | 4.5% | 0.8% |
In 2018, SERIAL CODERS achieves revenue of 246 k€. Revenue is declining over the period 2016-2018 (CAGR: -16.9%). Significant drop of -20% vs 2017. After deducting consumption (38 k€), gross margin stands at 208 k€, i.e. a rate of 84%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 10 k€, representing 4.1% of revenue. Warning negative scissor effect: despite revenue change (-20%), EBITDA varies by -48%, reducing margin by 2.2 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 2 k€, i.e. 1.0% of revenue. This profit can be retained or distributed to shareholders.
246 355 €
207 893 €
10 021 €
463 €
2 449 €
4.1%
The debt ratio (= Financial debt / Equity x 100) stands at 22%. 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 52%. 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 0.9 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 4.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
21.723%
51.733%
4.913%
0.949
38.0%
In 2018, the debt ratio of SERIAL CODERS (21.72) 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 2018, the financial autonomy of SERIAL CODERS (51.7%) 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 2018, the repayment capacity of SERIAL CODERS (0.95) 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 208.65. 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 3.6x. Financial charges are adequately covered by operations.
208.647
3.602
In 2018, the liquidity ratio of SERIAL CODERS (208.65) 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 2018, the interest coverage of SERIAL CODERS (3.6x) 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: 8 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 28 days. Favorable situation: supplier credit is longer than customer credit by 20 days. Inventory turnover is 8 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 31 days of revenue, i.e. 21 k€ to permanently finance. Over 2016-2018, WCR increased by +65%, requiring additional financing.
20 891 €
8 j
28 j
8 j
31 j
Indicative estimate only : the number of comparable transactions in this sector is limited (28 transactions). This range of 11 141€ to 60 184€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 28 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 SERIAL CODERS with other companies in the same sector:
Voir toutes les statistiques du secteur Conseil en systèmes et logiciels informatiques
The revenue of SERIAL CODERS in 2018 is 246 k€.
Yes, SERIAL CODERS generated a net profit of 2 k€ in 2018.
The headquarters of SERIAL CODERS is located in MONTPELLIER (34000), in the department Herault.
The tax return of SERIAL CODERS 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).
SERIAL CODERS operates in the sector Conseil en systèmes et logiciels informatiques (NAF code 62.02A). See the 'Sector positioning' section above to compare the company with its competitors.