SIREN : 389327610
SMI is a French company founded 35 years ago, specialized in the sector Activités des sociétés holding. Based in LA ROCHELLE (17000), this company of category PME shows in 2024 a revenue of 359 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 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 358 978 € | 507 206 € | 729 671 € | 123 670 439 € | 621 610 € | 845 690 € | 795 530 € | N/C | N/C |
| Net income | -450 607 € | -3 125 565 € | 899 144 € | -1 196 561 € | 416 395 € | -94 607 € | -136 591 € | -23 070 € | 971 125 € |
| EBITDA | -55 755 € | -41 126 € | -27 520 € | -100 353 € | -9 328 € | 44 366 € | -52 726 € | -20 016 € | -11 665 € |
| Net margin | -125.5% | -616.2% | 123.2% | -1.0% | 67.0% | -11.2% | -17.2% | N/C | N/C |
In 2024, SMI achieves revenue of 359 k€. Revenue is declining over the period 2018-2024 (CAGR: -12.4%). Significant drop of -29% vs 2023. After deducting consumption (-90 k€), gross margin stands at 449 k€, i.e. a rate of 125%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -56 k€, representing -15.5% of revenue. Warning negative scissor effect: despite revenue change (-29%), EBITDA varies by -36%, reducing margin by 7.4 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -451 k€ (-125.5% of revenue), which will impact equity.
358 978 €
448 538 €
-55 755 €
-127 636 €
-450 607 €
-15.6%
The debt ratio (= Financial debt / Equity x 100) stands at 74%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 43%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
73.721%
43.068%
-138.016%
-4.172
100.0%
In 2024, the debt ratio of SMI (73.72) 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 2024, the financial autonomy of SMI (43.1%) 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 2024, the repayment capacity of SMI (-4.17) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.
The liquidity ratio (= Current assets / Current liabilities) stands at 227.86. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
227.857
-2333.405
In 2024, the liquidity ratio of SMI (227.86) 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 2024, the interest coverage of SMI (-2333.4x) 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: 1060 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 382 days. The gap of 678 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 1727 days of revenue, i.e. 1.7 M€ to permanently finance.
1 722 204 €
1060 j
382 j
0 j
1727 j
Based on 54 transactions of similar company sales
in 2024,
the value of SMI is estimated at
211 356 €
(range 131 490€ - 251 262€).
The price/revenue ratio is 0.59x
(in line with sector norms).
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.
Only this financial indicator is available for this company.
This estimate is based on the analysis of 54 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 SMI with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des sociétés holding
The revenue of SMI in 2024 is 359 k€.
SMI recorded a net loss in 2024.
The headquarters of SMI is located in LA ROCHELLE (17000), in the department Charente-Maritime.
The tax return of SMI 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).
SMI operates in the sector Activités des sociétés holding (NAF code 64.20Z). See the 'Sector positioning' section above to compare the company with its competitors.