SIREN : 812330504
ST@RTEC DEVELOPPEMENT is a French company founded 10 years ago, specialized in the sector Gestion de fonds. Based in MERIGNAC (33700), this company of category PME shows in 2020 a revenue of 1.0 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-04-18
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2020 | 2019 | 2018 | 2017 | 2017 | 2016 |
|---|---|---|---|---|---|---|
| Revenue | 1 009 770 € | 703 616 € | 604 762 € | 266 253 € | 409 282 € | 74 925 € |
| Net income | -73 308 € | -76 787 € | -39 142 € | -12 486 € | 42 615 € | -13 367 € |
| EBITDA | -248 001 € | -84 634 € | -171 285 € | -12 207 € | -80 907 € | -52 163 € |
| Net margin | -7.3% | -10.9% | -6.5% | -4.7% | 10.4% | -17.8% |
In 2020, ST@RTEC DEVELOPPEMENT achieves revenue of 1.0 M€. Over the period 2016-2020, the company shows strong growth with a CAGR (compound annual growth rate) of +91.6%. Vs 2019, growth of +44% (704 k€ -> 1.0 M€). After deducting consumption (28 k€), gross margin stands at 982 k€, i.e. a rate of 97%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -248 k€, representing -24.6% of revenue. Warning negative scissor effect: despite revenue change (+44%), EBITDA varies by -193%, reducing margin by 12.5 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -73 k€ (-7.3% of revenue), which will impact equity.
1 009 770 €
982 013 €
-248 001 €
-141 472 €
-73 308 €
-24.4%
The debt ratio (= Financial debt / Equity x 100) stands at 184%. 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 32%. The balance between equity and debt is satisfactory.
184.233%
32.264%
-17.842%
-19.569
50.7%
In 2020, the debt ratio of ST@RTEC DEVELOPPEMENT (184.23) 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 2020, the financial autonomy of ST@RTEC DEVELOPPEMENT (32.3%) 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 2020, the repayment capacity of ST@RTEC DEVELOPPEMENT (-19.57) 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 266.03. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
266.031
-7.819
In 2020, the liquidity ratio of ST@RTEC DEVELOPPEMENT (266.03) 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 2020, the interest coverage of ST@RTEC DEVELOPPEMENT (-7.8x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 81 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 36 days. The gap of 45 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. WCR is negative (-37 days): operations structurally generate cash. Notable WCR improvement over the period (-585%), freeing up cash.
-103 370 €
81 j
36 j
0 j
-37 j
Based on 54 transactions of similar company sales
in 2020,
the value of ST@RTEC DEVELOPPEMENT is estimated at
662 786 €
(range 344 948€ - 842 031€).
The price/revenue ratio is 0.66x
(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 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 ST@RTEC DEVELOPPEMENT with other companies in the same sector:
The revenue of ST@RTEC DEVELOPPEMENT in 2020 is 1.0 M€.
ST@RTEC DEVELOPPEMENT recorded a net loss in 2020.
The headquarters of ST@RTEC DEVELOPPEMENT is located in MERIGNAC (33700), in the department Gironde.
The tax return of ST@RTEC DEVELOPPEMENT 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).
ST@RTEC DEVELOPPEMENT operates in the sector Gestion de fonds (NAF code 66.30Z). See the 'Sector positioning' section above to compare the company with its competitors.