SIREN : 808612105
START ELEVEN is a French company founded 11 years ago, specialized in the sector Activités des sociétés holding. Based in CHAVAGNE (35310), this company of category PME shows in 2017 a revenue of 93 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 | 2017 | 2016 |
|---|---|---|
| Revenue | 92 683 € | 45 000 € |
| Net income | 77 122 € | 63 340 € |
| EBITDA | 19 565 € | 25 461 € |
| Net margin | 83.2% | 140.8% |
In 2017, START ELEVEN achieves revenue of 93 k€. Vs 2016, growth of +106% (45 k€ -> 93 k€). After deducting consumption (0 €), gross margin stands at 93 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 20 k€, representing 21.1% of revenue. Warning negative scissor effect: despite revenue change (+106%), EBITDA varies by -23%, reducing margin by 35.5 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 77 k€, i.e. 83.2% of revenue. This profit can be retained or distributed to shareholders.
92 683 €
92 683 €
19 565 €
-7 227 €
77 122 €
21.1%
The debt ratio (= Financial debt / Equity x 100) stands at 106%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 43%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.5 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 114.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
106.061%
43.259%
114.621%
1.498
57.0%
In 2017, the debt ratio of START ELEVEN (106.06) 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 2017, the financial autonomy of START ELEVEN (43.3%) 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 2017, the repayment capacity of START ELEVEN (1.50) 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 380.13. 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 17.0x. Operating income very largely covers interest expenses: high safety margin.
380.13
17.005
In 2017, the liquidity ratio of START ELEVEN (380.13) 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 2017, the interest coverage of START ELEVEN (17.0x) 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: 360 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 110 days. The gap of 250 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 288 days of revenue, i.e. 74 k€ to permanently finance.
74 147 €
360 j
110 j
0 j
288 j
Based on 85 transactions of similar company sales
in 2017,
the value of START ELEVEN is estimated at
170 680 €
(range 81 762€ - 324 423€).
With an EBITDA of 19 565€, the sector multiple of 5.7x is applied.
The price/revenue ratio is 0.64x
(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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 85 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 START ELEVEN with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des sociétés holding
The revenue of START ELEVEN in 2017 is 93 k€.
Yes, START ELEVEN generated a net profit of 77 k€ in 2017.
The headquarters of START ELEVEN is located in CHAVAGNE (35310), in the department Ille-et-Vilaine.
The tax return of START ELEVEN 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).
START ELEVEN operates in the sector Activités des sociétés holding (NAF code 64.20Z). See the 'Sector positioning' section above to compare the company with its competitors.