SIREN : 493965461
SPIRIT PROGRESS is a French company founded 19 years ago, specialized in the sector Hôtels et hébergement similaire . Based in LEVALLOIS-PERRET (92300), this company of category ETI shows in 2024 a revenue of 17 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 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 17 382 € | 20 266 € | 222 763 € | 1 063 390 € | 711 464 € | 519 664 € | 135 172 € | 96 848 € | 125 652 € |
| Net income | -848 539 € | 236 934 € | -224 390 € | -210 597 € | -348 799 € | 150 891 € | -193 622 € | 461 109 € | 108 373 € |
| EBITDA | -158 196 € | -142 146 € | -357 057 € | -381 051 € | -486 125 € | -382 365 € | -76 794 € | -132 109 € | -98 408 € |
| Net margin | -4881.7% | 1169.1% | -100.7% | -19.8% | -49.0% | 29.0% | -143.2% | 476.1% | 86.2% |
In 2024, SPIRIT PROGRESS achieves revenue of 17 k€. Revenue is declining over the period 2016-2024 (CAGR: -21.9%). Significant drop of -14% vs 2023. After deducting consumption (-4 k€), gross margin stands at 22 k€, i.e. a rate of 124%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -158 k€, representing -910.1% of revenue. Warning negative scissor effect: despite revenue change (-14%), EBITDA varies by -11%, reducing margin by 208.7 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -849 k€ (-4881.7% of revenue), which will impact equity.
17 382 €
21 596 €
-158 196 €
-182 245 €
-848 539 €
-910.1%
The debt ratio (= Financial debt / Equity x 100) stands at 20417%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 0%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 17.8 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 3212.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
20417.395%
0.484%
3212.151%
17.811
80.9%
In 2024, the debt ratio of SPIRIT PROGRESS (20417.40) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.
In 2024, the financial autonomy of SPIRIT PROGRESS (0.5%) 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 SPIRIT PROGRESS (17.81) 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 10857.99. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
10857.992
-1574.721
In 2024, the liquidity ratio of SPIRIT PROGRESS (10857.99) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.
In 2024, the interest coverage of SPIRIT PROGRESS (-1574.7x) 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: 5675 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 60 days. The gap of 5615 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 878 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 7516 days of revenue, i.e. 363 k€ to permanently finance. Notable WCR improvement over the period (-88%), freeing up cash.
362 897 €
5675 j
60 j
878 j
7516 j
Based on 99 transactions of similar company sales
in 2024,
the value of SPIRIT PROGRESS is estimated at
9 443 €
(range 4 696€ - 21 642€).
The price/revenue ratio is 0.54x
(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.
Medium reliability: estimate to be confirmed with in-depth analysis.
Only this financial indicator is available for this company.
This estimate is based on the analysis of 99 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 SPIRIT PROGRESS with other companies in the same sector:
Voir toutes les statistiques du secteur Hôtels et hébergement similaire
The revenue of SPIRIT PROGRESS in 2024 is 17 k€.
SPIRIT PROGRESS recorded a net loss in 2024.
The headquarters of SPIRIT PROGRESS is located in LEVALLOIS-PERRET (92300), in the department Hauts-de-Seine.
The tax return of SPIRIT PROGRESS 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).
SPIRIT PROGRESS operates in the sector Hôtels et hébergement similaire (NAF code 55.10Z). See the 'Sector positioning' section above to compare the company with its competitors.