SOURCES MANAGEMENT : revenue, balance sheet and financial ratios

SOURCES MANAGEMENT is a French company founded 13 years ago, specialized in the sector Activités spécialisées, scientifiques et techniques diverses. Based in PARIS (75008), this company of category PME shows in 2020 a revenue of 719 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 - SOURCES MANAGEMENT (SIREN 789543014)
Indicator 2020 2019 2018 2017 2016
Revenue 718 983 € 1 374 180 € 914 204 € 413 401 € 386 051 €
Net income -341 497 € -166 082 € -36 410 € -338 573 € -314 237 €
EBITDA -320 772 € -150 813 € 21 392 € -278 818 € -262 908 €
Net margin -47.5% -12.1% -4.0% -81.9% -81.4%

Revenue and income statement

In 2020, SOURCES MANAGEMENT achieves revenue of 719 k€. Over the period 2016-2020, the company shows strong growth with a CAGR (compound annual growth rate) of +16.8%. Significant drop of -48% vs 2019. After deducting consumption (6 k€), gross margin stands at 713 k€, i.e. a rate of 99%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -321 k€, representing -44.6% of revenue. Warning negative scissor effect: despite revenue change (-48%), EBITDA varies by -113%, reducing margin by 33.6 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -341 k€ (-47.5% of revenue), which will impact equity.

Revenue (2020) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

718 983 €

Gross margin (2020) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

712 725 €

EBITDA (2020) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

-320 772 €

EBIT (2020) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-382 619 €

Net income (2020) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-341 497 €

EBITDA margin (2020) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-41.9%

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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 -156%. 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 -38%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2020) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

-155.665%

Financial autonomy (2020) ?
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

-37.874%

Cash flow / Revenue (2020) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

-41.437%

Repayment capacity (2020) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

-0.803

Asset age ratio (2020) ?
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

47.8%

Solvency indicators evolution
SOURCES MANAGEMENT

Sector positioning

Debt ratio
-155.66 2020
2018
2019
2020
Q1: 0.0
Med: 4.83
Q3: 61.92
Excellent

In 2020, the debt ratio of SOURCES MANAGEMENT (-155.66) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
-37.87% 2020
2018
2019
2020
Q1: 3.52%
Med: 32.48%
Q3: 63.93%
Average

In 2020, the financial autonomy of SOURCES MANAGEMENT (-37.9%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
-0.8 years 2020
2018
2019
2020
Q1: 0.0 years
Med: 0.0 years
Q3: 0.57 years
Excellent -50 pts over 3 years

In 2020, the repayment capacity of SOURCES MANAGEMENT (-0.80) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 105.65. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2020) ?
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

105.654

Interest coverage (2020) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

-0.24

Liquidity indicators evolution
SOURCES MANAGEMENT

Sector positioning

Liquidity ratio
105.65 2020
2018
2019
2020
Q1: 141.63
Med: 259.53
Q3: 518.06
Watch

In 2020, the liquidity ratio of SOURCES MANAGEMENT (105.65) 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
-0.24x 2020
2018
2019
2020
Q1: 0.0x
Med: 0.0x
Q3: 0.21x
Average

In 2020, the interest coverage of SOURCES MANAGEMENT (-0.2x) 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. Average customer payment term: 79 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 77 days. The company must finance 2 days of gap between collections and payments. Inventory turnover is 1 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 80 days of revenue, i.e. 159 k€ to permanently finance.

Operating WCR (2020) ?
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

159 032 €

Customer credit (2020) ?
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

79 j

Supplier credit (2020) ?
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

77 j

Inventory turnover (2020) ?
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

1 j

WCR in days of revenue (2020) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

80 j

WCR and payment terms evolution
SOURCES MANAGEMENT

Positioning of SOURCES MANAGEMENT in its sector

Comparison with sector Activités spécialisées, scientifiques et techniques diverses

Valuation estimate

Based on 98 transactions of similar company sales (all years), the value of SOURCES MANAGEMENT is estimated at 261 338 € (range 85 815€ - 442 199€). The price/revenue ratio is 0.36x (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.

Estimated enterprise value 2020
98 tx
85k€ 261k€ 442k€
261 338 € Range: 85 815€ - 442 199€
NAF 5 all-time

Valuation method used

Revenue Multiple
718 983 € × 0.36x = 261 339 €
Range: 85 815€ - 442 200€

Only this financial indicator is available for this company.

How is this estimate calculated?

This estimate is based on the analysis of 98 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 (Activités spécialisées, scientifiques et techniques diverses)

Compare SOURCES MANAGEMENT with other companies in the same sector:

Voir toutes les statistiques du secteur Activités spécialisées, scientifiques et techniques diverses

Frequently asked questions about SOURCES MANAGEMENT

What is the revenue of SOURCES MANAGEMENT ?

The revenue of SOURCES MANAGEMENT in 2020 is 719 k€.

Is SOURCES MANAGEMENT profitable?

SOURCES MANAGEMENT recorded a net loss in 2020.

Where is the headquarters of SOURCES MANAGEMENT ?

The headquarters of SOURCES MANAGEMENT is located in PARIS (75008), in the department Paris.

Where to find the tax return of SOURCES MANAGEMENT ?

The tax return of SOURCES MANAGEMENT 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 SOURCES MANAGEMENT operate?

SOURCES MANAGEMENT operates in the sector Activités spécialisées, scientifiques et techniques diverses (NAF code 74.90B). See the 'Sector positioning' section above to compare the company with its competitors.