SIREN : 428738488
SPACECO is a French company founded 26 years ago, specialized in the sector Activités des agents et courtiers d'assurances. Based in PUTEAUX (92800), this company of category GE shows in 2023 a revenue of 96 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 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 96 250 € | 370 000 € | 370 000 € | 783 942 € | 891 315 € | 888 888 € | 1 094 065 € | 1 093 892 € |
| Net income | -36 039 € | 208 431 € | -64 607 € | 643 536 € | 646 610 € | 710 708 € | 353 433 € | 592 724 € |
| EBITDA | -244 005 € | 212 941 € | 203 153 € | 609 647 € | 740 900 € | 776 184 € | 969 482 € | 719 820 € |
| Net margin | -37.4% | 56.3% | -17.5% | 82.1% | 72.5% | 80.0% | 32.3% | 54.2% |
In 2023, SPACECO achieves revenue of 96 k€. Revenue is declining over the period 2016-2023 (CAGR: -29.3%). Significant drop of -74% vs 2022. After deducting consumption (0 €), gross margin stands at 96 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 -244 k€, representing -253.5% of revenue. Warning negative scissor effect: despite revenue change (-74%), EBITDA varies by -215%, reducing margin by 311.1 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -36 k€ (-37.4% of revenue), which will impact equity.
96 250 €
96 250 €
-244 005 €
-244 005 €
-36 039 €
-253.5%
The debt ratio (= Financial debt / Equity x 100) stands at 43%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 40%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
42.555%
40.248%
-37.444%
-32.665
In 2023, the debt ratio of SPACECO (42.55) 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 2023, the financial autonomy of SPACECO (40.2%) 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 2023, the repayment capacity of SPACECO (-32.66) 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 234.61. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
234.608
-86.864
In 2023, the liquidity ratio of SPACECO (234.61) 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 2023, the interest coverage of SPACECO (-86.9x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 2665 days. Excellent situation: suppliers finance 2665 days of the operating cycle (retail model). Overall, WCR represents 24427 days of revenue, i.e. 6.5 M€ to permanently finance. Over 2016-2023, WCR increased by +70%, requiring additional financing.
6 530 913 €
0 j
2665 j
0 j
24427 j
Based on 193 transactions of similar company sales (all years), the value of SPACECO is estimated at 94 558 € (range 26 369€ - 175 862€). The price/revenue ratio is 0.98x (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.
Only this financial indicator is available for this company.
This estimate is based on the analysis of 193 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 SPACECO with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des agents et courtiers d'assurances
The revenue of SPACECO in 2023 is 96 k€.
SPACECO recorded a net loss in 2023.
The headquarters of SPACECO is located in PUTEAUX (92800), in the department Hauts-de-Seine.
The tax return of SPACECO 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).
SPACECO operates in the sector Activités des agents et courtiers d'assurances (NAF code 66.22Z). See the 'Sector positioning' section above to compare the company with its competitors.