SMILE : revenue, balance sheet and financial ratios

SMILE is a French company founded 20 years ago, specialized in the sector Fabrication de matériel médico-chirurgical et dentaire. Based in LEVALLOIS-PERRET (92300), this company of category PME shows in 2020 a revenue of 2.5 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - SMILE (SIREN 482656717)
Indicator 2022 2020 2019 2017 2015 2014 2013 2012
Revenue N/C 2 526 309 € 2 120 127 € 3 031 128 € 2 624 576 € 2 737 301 € 2 681 715 € 2 400 562 €
Net income 226 704 € 200 394 € 111 698 € 437 414 € 395 286 € 407 269 € 316 785 € 281 440 €
EBITDA N/C 272 844 € 173 515 € 685 561 € 609 324 € 623 523 € 560 079 € 206 958 €
Net margin N/C 7.9% 5.3% 14.4% 15.1% 14.9% 11.8% 11.7%

Revenue and income statement

In 2022, SMILE generates positive net income of 227 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2012-2022: 281 k€ -> 227 k€.

Net income (2022) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

226 704 €

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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 298%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 16%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2022) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

297.536%

Financial autonomy (2022) ?
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

15.678%

Asset age ratio (2022) ?
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

55.9%

Solvency indicators evolution
SMILE

Sector positioning

Debt ratio
297.54 2022
2019
2020
2022
Q1: 5.37
Med: 27.47
Q3: 77.75
Watch

In 2022, the debt ratio of SMILE (297.54) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
15.68% 2022
2019
2020
2022
Q1: 20.76%
Med: 45.8%
Q3: 65.06%
Average -7 pts over 3 years

In 2022, the financial autonomy of SMILE (15.7%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
2.87 years 2020
2019
2020
Q1: 0.0 years
Med: 0.37 years
Q3: 2.85 years
Average +22 pts over 2 years

In 2020, the repayment capacity of SMILE (2.87) 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 192.72. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2022) ?
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

192.719

Liquidity indicators evolution
SMILE

Sector positioning

Liquidity ratio
192.72 2022
2019
2020
2022
Q1: 159.69
Med: 240.02
Q3: 388.71
Average +20 pts over 3 years

In 2022, the liquidity ratio of SMILE (192.72) 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.

Interest coverage
0.15x 2020
2019
2020
Q1: 0.0x
Med: 0.3x
Q3: 2.92x
Average -21 pts over 2 years

In 2020, the interest coverage of SMILE (0.1x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.

Operating WCR (2022) ?
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 (2022) ?
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 (2022) ?
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 (2022) ?
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
SMILE

Positioning of SMILE in its sector

Comparison with sector Fabrication de matériel médico-chirurgical et dentaire

Valuation estimate

Based on 57 transactions of similar company sales (all years), the value of SMILE is estimated at 690 467 € (range 160 456€ - 1 361 571€). 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.

Estimated enterprise value 2022
57 tx
160k€ 690k€ 1361k€
690 467 € Range: 160 456€ - 1 361 571€
NAF 5 all-time

Valuation method used

Net Income Multiple
226 704 € × 3.0x = 690 468 €
Range: 160 456€ - 1 361 572€

Only this financial indicator is available for this company.

How is this estimate calculated?

This estimate is based on the analysis of 57 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Fabrication de matériel médico-chirurgical et dentaire)

Compare SMILE with other companies in the same sector:

Frequently asked questions about SMILE

What is the revenue of SMILE ?

The revenue of SMILE in 2020 is 2.5 M€.

Is SMILE profitable?

Yes, SMILE generated a net profit of 227 k€ in 2022.

Where is the headquarters of SMILE ?

The headquarters of SMILE is located in LEVALLOIS-PERRET (92300), in the department Hauts-de-Seine.

Where to find the tax return of SMILE ?

The tax return of SMILE 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 SMILE operate?

SMILE operates in the sector Fabrication de matériel médico-chirurgical et dentaire (NAF code 32.50A). See the 'Sector positioning' section above to compare the company with its competitors.