SIREN : 324103829
SPIE ICS is a French company founded 44 years ago, specialized in the sector Conseil en systèmes et logiciels informatiques. Based in MALAKOFF (92240), this company of category GE shows in 2024 a revenue of 541.0 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 | 540 987 424 € | 468 679 364 € | 450 940 192 € | 193 126 346 € | 181 239 847 € | 193 758 725 € | 172 173 566 € | 120 812 795 € | 121 332 601 € |
| Net income | 29 457 771 € | 26 730 934 € | 27 510 995 € | 12 696 217 € | 9 933 949 € | 11 200 278 € | 10 870 872 € | 7 238 887 € | -2 005 138 € |
| EBITDA | 19 575 996 € | 14 093 624 € | 12 029 731 € | 10 322 375 € | 8 844 475 € | 10 888 337 € | 11 533 568 € | 3 609 531 € | -839 805 € |
| Net margin | 5.4% | 5.7% | 6.1% | 6.6% | 5.5% | 5.8% | 6.3% | 6.0% | -1.7% |
In 2024, SPIE ICS achieves revenue of 541.0 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +20.5%. Vs 2023, growth of +15% (468.7 M€ -> 541.0 M€). After deducting consumption (130.3 M€), gross margin stands at 410.7 M€, i.e. a rate of 76%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 19.6 M€, representing 3.6% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 29.5 M€, i.e. 5.4% of revenue. This profit can be retained or distributed to shareholders.
540 987 424 €
410 681 003 €
19 575 996 €
22 192 864 €
29 457 771 €
3.6%
The debt ratio (= Financial debt / Equity x 100) stands at 7%. 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 16%. Low autonomy: the company heavily depends on external financing (banks, suppliers). 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 5.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
6.674%
16.106%
5.05%
0.164
21.7%
In 2024, the debt ratio of SPIE ICS (6.67) 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 2024, the financial autonomy of SPIE ICS (16.1%) 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 2024, the repayment capacity of SPIE ICS (0.16) 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 104.86. 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 12.5x. Operating income very largely covers interest expenses: high safety margin.
104.858
12.51
In 2024, the liquidity ratio of SPIE ICS (104.86) 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 2024, the interest coverage of SPIE ICS (12.5x) 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: 61 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 104 days. Excellent situation: suppliers finance 43 days of the operating cycle (retail model). Inventory turnover is 8 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 64 days of revenue, i.e. 96.5 M€ to permanently finance. Over 2016-2024, WCR increased by +375%, requiring additional financing.
96 485 107 €
61 j
104 j
8 j
64 j
Based on 215 transactions of similar company sales (all years), the value of SPIE ICS is estimated at 44 301 727 € (range 21 340 065€ - 115 346 247€). With an EBITDA of 19 575 996€, the sector multiple of 1.0x 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.
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This estimate is based on the analysis of 215 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 ICS with other companies in the same sector:
Voir toutes les statistiques du secteur Conseil en systèmes et logiciels informatiques
The revenue of SPIE ICS in 2024 is 541.0 M€.
Yes, SPIE ICS generated a net profit of 29.5 M€ in 2024.
The headquarters of SPIE ICS is located in MALAKOFF (92240), in the department Hauts-de-Seine.
The tax return of SPIE ICS 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 ICS operates in the sector Conseil en systèmes et logiciels informatiques (NAF code 62.02A). See the 'Sector positioning' section above to compare the company with its competitors.