SIREN : 304623366
SPIE HORUS is a French company founded 51 years ago, specialized in the sector Analyses, essais et inspections techniques. Based in MAUREPAS (78310), this company of category PME shows in 2024 a revenue of 11.3 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 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 11 256 957 € | 12 102 663 € | 3 874 034 € | 11 256 468 € | 9 404 621 € | 10 735 379 € | 9 804 017 € | 9 853 793 € | 9 849 224 € |
| Net income | -461 593 € | 920 644 € | 314 206 € | 532 774 € | 191 337 € | 444 475 € | 529 168 € | 511 475 € | 394 850 € |
| EBITDA | 778 227 € | 1 350 168 € | 379 479 € | 877 249 € | 319 896 € | 890 046 € | 772 878 € | 955 404 € | 578 992 € |
| Net margin | -4.1% | 7.6% | 8.1% | 4.7% | 2.0% | 4.1% | 5.4% | 5.2% | 4.0% |
In 2024, SPIE HORUS achieves revenue of 11.3 M€. Revenue is growing positively over 9 years (CAGR: +1.7%). Slight decline of -7% vs 2023. After deducting consumption (138 k€), gross margin stands at 11.1 M€, i.e. a rate of 99%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 778 k€, representing 6.9% of revenue. Warning negative scissor effect: despite revenue change (-7%), EBITDA varies by -42%, reducing margin by 4.2 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -462 k€ (-4.1% of revenue), which will impact equity.
11 256 957 €
11 118 790 €
778 227 €
-403 497 €
-461 593 €
6.9%
The debt ratio (= Financial debt / Equity x 100) stands at 5%. 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 37%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 6.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
5.211%
36.639%
6.435%
0.199
19.9%
In 2024, the debt ratio of SPIE HORUS (5.21) 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 SPIE HORUS (36.6%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.
In 2024, the repayment capacity of SPIE HORUS (0.20) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 162.29. 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 1.4x. Coverage is limited: any activity downturn would jeopardize interest payments.
162.292
1.392
In 2024, the liquidity ratio of SPIE HORUS (162.29) 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 2024, the interest coverage of SPIE HORUS (1.4x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 96 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 57 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 99 days of revenue, i.e. 3.1 M€ to permanently finance. Over 2016-2024, WCR increased by +135%, requiring additional financing.
3 081 817 €
96 j
57 j
0 j
99 j
Indicative estimate only : the number of comparable transactions in this sector is limited (41 transactions). This range of 648 060€ to 5 248 793€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 41 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 SPIE HORUS with other companies in the same sector:
Voir toutes les statistiques du secteur Analyses, essais et inspections techniques
The revenue of SPIE HORUS in 2024 is 11.3 M€.
SPIE HORUS recorded a net loss in 2024.
The headquarters of SPIE HORUS is located in MAUREPAS (78310), in the department Yvelines.
The tax return of SPIE HORUS 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).
SPIE HORUS operates in the sector Analyses, essais et inspections techniques (NAF code 71.20B). See the 'Sector positioning' section above to compare the company with its competitors.