SIM&CURE : revenue, balance sheet and financial ratios

SIM&CURE is a French company founded 11 years ago, specialized in the sector Edition de logiciels applicatifs. Based in MONTPELLIER (34000), this company of category PME shows in 2018 a revenue of 618 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

Financial history - SIM&CURE (SIREN 803695402)
Indicator 2024 2022 2018 2017 2016 2015
Revenue N/C N/C 618 071 € 324 906 € 197 478 € 65 479 €
Net income -2 500 370 € -1 653 259 € -78 696 € -39 616 € -31 590 € 38 864 €
EBITDA N/C N/C -139 965 € -248 967 € -145 460 € 9 139 €
Net margin N/C N/C -12.7% -12.2% -16.0% 59.4%

Revenue and income statement

In 2024, SIM&CURE records a net loss of 2.5 M€. This deficit will reduce equity on the balance sheet.

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-2 500 370 €

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 53%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 45%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

52.915%

Financial autonomy (2024) ?
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

44.703%

Asset age ratio (2024) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

27.2%

Solvency indicators evolution
SIM&CURE

Sector positioning

Debt ratio
52.91 2024
2018
2022
2024
Q1: 0.0
Med: 5.29
Q3: 44.39
Average

In 2024, the debt ratio of SIM&CURE (52.91) 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
44.7% 2024
2018
2022
2024
Q1: 11.65%
Med: 39.77%
Q3: 62.21%
Good +25 pts over 3 years

In 2024, the financial autonomy of SIM&CURE (44.7%) 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.

Repayment capacity
14.99 years 2018
2018
Q1: 0.0 years
Med: 0.0 years
Q3: 0.67 years
Average

In 2018, the repayment capacity of SIM&CURE (14.99) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 81.27. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2024) ?
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

81.267

Liquidity indicators evolution
SIM&CURE

Sector positioning

Liquidity ratio
81.27 2024
2018
2022
2024
Q1: 146.39
Med: 243.79
Q3: 459.15
Watch -60 pts over 3 years

In 2024, the liquidity ratio of SIM&CURE (81.27) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
-10.48x 2018
2018
Q1: 0.0x
Med: 0.0x
Q3: 1.38x
Watch

In 2018, the interest coverage of SIM&CURE (-10.5x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

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 (2024) ?
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 (2024) ?
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 (2024) ?
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 (2024) ?
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
SIM&CURE

Positioning of SIM&CURE in its sector

Comparison with sector Edition de logiciels applicatifs

Similar companies (Edition de logiciels applicatifs)

Compare SIM&CURE with other companies in the same sector:

Frequently asked questions about SIM&CURE

What is the revenue of SIM&CURE ?

The revenue of SIM&CURE in 2018 is 618 k€.

Is SIM&CURE profitable?

SIM&CURE recorded a net loss in 2024.

Where is the headquarters of SIM&CURE ?

The headquarters of SIM&CURE is located in MONTPELLIER (34000), in the department Herault.

Where to find the tax return of SIM&CURE ?

The tax return of SIM&CURE 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 SIM&CURE operate?

SIM&CURE operates in the sector Edition de logiciels applicatifs (NAF code 58.29C). See the 'Sector positioning' section above to compare the company with its competitors.