SIREN : 921998613
SONGES is a French company founded 3 years ago, specialized in the sector Activités des sièges sociaux. Based in PIRIAC-SUR-MER (44420), this company of category PME shows in 2024 a revenue of 333 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 |
|---|---|---|
| Revenue | 333 000 € | 639 500 € |
| Net income | -267 548 € | 351 021 € |
| EBITDA | 170 702 € | 467 833 € |
| Net margin | -80.3% | 54.9% |
In 2024, SONGES achieves revenue of 333 k€. Significant drop of -48% vs 2023. After deducting consumption (0 €), gross margin stands at 333 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 171 k€, representing 51.3% of revenue. Warning negative scissor effect: despite revenue change (-48%), EBITDA varies by -64%, reducing margin by 21.9 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -268 k€ (-80.3% of revenue), which will impact equity.
333 000 €
333 000 €
170 702 €
170 698 €
-267 548 €
51.3%
The debt ratio (= Financial debt / Equity x 100) stands at 1%. 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 94%. 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 0.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 39.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
1.383%
93.993%
39.775%
0.094
In 2024, the debt ratio of SONGES (1.38) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2024, the financial autonomy of SONGES (94.0%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.
In 2024, the repayment capacity of SONGES (0.09) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.
The liquidity ratio (= Current assets / Current liabilities) stands at 937.65. 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 235.3x. Operating income very largely covers interest expenses: high safety margin.
937.647
235.334
In 2024, the liquidity ratio of SONGES (937.65) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.
In 2024, the interest coverage of SONGES (235.3x) 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: 223 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 184 days. The gap of 39 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 414 days of revenue, i.e. 383 k€ to permanently finance.
382 677 €
223 j
184 j
0 j
414 j
Based on 103 transactions of similar company sales in 2024, the value of SONGES is estimated at 583 939 € (range 114 879€ - 983 244€). With an EBITDA of 170 702€, the sector multiple of 5.0x is applied. The price/revenue ratio is 0.38x (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.
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This estimate is based on the analysis of 103 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 SONGES with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des sièges sociaux
The revenue of SONGES in 2024 is 333 k€.
SONGES recorded a net loss in 2024.
The headquarters of SONGES is located in PIRIAC-SUR-MER (44420), in the department Loire-Atlantique.
The tax return of SONGES 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).
SONGES operates in the sector Activités des sièges sociaux (NAF code 70.10Z). See the 'Sector positioning' section above to compare the company with its competitors.