SIREN : 434931606
SIMA is a French company founded 25 years ago, specialized in the sector Commerce de détail de meubles. Based in CHARMES (88130), this company of category PME shows in 2023 a revenue of 4.4 M€. 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 | 2023 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|
| Revenue | 4 421 682 € | 2 710 207 € | 2 934 626 € | 3 077 826 € | 3 462 665 € | N/C |
| Net income | 457 229 € | 361 581 € | 395 335 € | 407 597 € | 382 955 € | 397 740 € |
| EBITDA | 601 324 € | 502 233 € | 496 827 € | 510 275 € | 544 739 € | N/C |
| Net margin | 10.3% | 13.3% | 13.5% | 13.2% | 11.1% | N/C |
In 2023, SIMA achieves revenue of 4.4 M€. Revenue is growing positively over 6 years (CAGR: +4.2%). Vs 2020, growth of +63% (2.7 M€ -> 4.4 M€). After deducting consumption (1.8 M€), gross margin stands at 2.6 M€, i.e. a rate of 59%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 601 k€, representing 13.6% of revenue. Warning negative scissor effect: despite revenue change (+63%), EBITDA varies by +20%, reducing margin by 4.9 pts. This reflects costs rising faster than revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 457 k€, i.e. 10.3% of revenue. This profit can be retained or distributed to shareholders.
4 421 682 €
2 626 946 €
601 324 €
609 488 €
457 229 €
13.5%
The debt ratio (= Financial debt / Equity x 100) stands at 82%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 27%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 9.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
81.772%
26.879%
9.922%
1.121
46.9%
In 2023, the debt ratio of SIMA (81.77) 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 2023, the financial autonomy of SIMA (26.9%) 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 2023, the repayment capacity of SIMA (1.12) 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 141.48. 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 0.4x. Danger: operating income does not cover interest charges, unsustainable situation.
141.476
0.407
In 2023, the liquidity ratio of SIMA (141.48) 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 2023, the interest coverage of SIMA (0.4x) 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: 40 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 83 days. Excellent situation: suppliers finance 43 days of the operating cycle (retail model). Inventory turnover is 45 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 67 days of revenue, i.e. 829 k€ to permanently finance.
829 021 €
40 j
83 j
45 j
67 j
Based on 55 transactions of similar company sales
in 2023,
the value of SIMA is estimated at
1 374 145 €
(range 663 463€ - 2 700 309€).
With an EBITDA of 601 324€, the sector multiple of 2.8x is applied.
The price/revenue ratio is 0.20x
(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.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 55 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 SIMA with other companies in the same sector:
Voir toutes les statistiques du secteur Commerce de détail de meubles
The revenue of SIMA in 2023 is 4.4 M€.
Yes, SIMA generated a net profit of 457 k€ in 2023.
The headquarters of SIMA is located in CHARMES (88130), in the department Vosges.
The tax return of SIMA 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).
SIMA operates in the sector Commerce de détail de meubles (NAF code 47.59A). See the 'Sector positioning' section above to compare the company with its competitors.