SIREN : 322942996
SPACIAL is a French company founded 44 years ago, specialized in the sector Commerce de détail de meubles. Based in PARIS (75007), this company of category PME shows in 2021 a revenue of 3.4 M€. 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 | 2021 | 2018 | 2017 |
|---|---|---|---|
| Revenue | 3 394 804 € | 2 910 527 € | 2 709 442 € |
| Net income | -89 163 € | 11 664 € | 26 857 € |
| EBITDA | 91 768 € | 56 845 € | 57 989 € |
| Net margin | -2.6% | 0.4% | 1.0% |
In 2021, SPACIAL achieves revenue of 3.4 M€. Over the period 2017-2021, the company shows strong growth with a CAGR (compound annual growth rate) of +5.8%. Vs 2018, growth of +17% (2.9 M€ -> 3.4 M€). After deducting consumption (1.8 M€), gross margin stands at 1.6 M€, i.e. a rate of 48%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 92 k€, representing 2.7% of revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -89 k€ (-2.6% of revenue), which will impact equity.
3 394 804 €
1 641 085 €
91 768 €
103 361 €
-89 163 €
2.7%
The debt ratio (= Financial debt / Equity x 100) stands at -282%. 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 -8%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
-281.912%
-8.222%
-0.066%
-264.484
24.7%
In 2021, the debt ratio of SPACIAL (-281.91) 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.
In 2021, the financial autonomy of SPACIAL (-8.2%) 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 2021, the repayment capacity of SPACIAL (-264.48) 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 79.57. 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 14.2x. Operating income very largely covers interest expenses: high safety margin.
79.573
14.227
In 2021, the liquidity ratio of SPACIAL (79.57) 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.
In 2021, the interest coverage of SPACIAL (14.2x) 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: 55 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 261 days. Excellent situation: suppliers finance 206 days of the operating cycle (retail model). Inventory turnover is 111 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 127 days of revenue, i.e. 1.2 M€ to permanently finance.
1 195 888 €
55 j
261 j
111 j
127 j
Based on 54 transactions of similar company sales
in 2021,
the value of SPACIAL is estimated at
303 406 €
(range 197 332€ - 654 776€).
With an EBITDA of 91 768€, the sector multiple of 1.8x is applied.
The price/revenue ratio is 0.16x
(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.
Ajustez les pondérations selon votre analyse
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 SPACIAL with other companies in the same sector:
Voir toutes les statistiques du secteur Commerce de détail de meubles
The revenue of SPACIAL in 2021 is 3.4 M€.
SPACIAL recorded a net loss in 2021.
The headquarters of SPACIAL is located in PARIS (75007), in the department Paris.
The tax return of SPACIAL 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).
SPACIAL operates in the sector Commerce de détail de meubles (NAF code 47.59A). See the 'Sector positioning' section above to compare the company with its competitors.