TANGO SPORTS : revenue, balance sheet and financial ratios
TANGO SPORTS is a French company
founded 10 years ago,
specialized in the sector Programmation informatique.
Based in TARARE (69170),
this company of category PME
shows in 2018 a revenue of 612 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - TANGO SPORTS (SIREN 818697351)
Indicator
2024
2022
2021
2020
2019
2018
2017
2016
Revenue
N/C
N/C
N/C
N/C
N/C
612 042 €
555 520 €
145 021 €
Net income
96 581 €
70 359 €
129 390 €
35 638 €
-111 €
10 814 €
34 245 €
-24 233 €
EBITDA
N/C
N/C
N/C
N/C
N/C
18 382 €
38 400 €
-22 760 €
Net margin
N/C
N/C
N/C
N/C
N/C
1.8%
6.2%
-16.7%
Revenue and income statement
In 2024, TANGO SPORTS generates positive net income of 97 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax.
Net income (2024)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
96 581 €
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Item
Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 16%. 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 35%. The balance between equity and debt is satisfactory.
Debt ratio (2024)
?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
15.502%
Financial autonomy (2024)
?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy 20-30% : Average < 20% : Low
34.884%
Asset age ratio (2024)
?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2024
Debt ratio
-701.721
369.394
136.802
143.757
146.169
65.211
41.601
15.502
Financial autonomy
-7.426
13.056
22.772
20.522
16.378
22.199
30.109
34.884
Repayment capacity
-5.658
4.734
4.996
None
None
None
None
None
Cash flow / Revenue
-16.279%
6.301%
2.492%
None%
None%
None%
None%
None%
Sector positioning
Debt ratio
15.52024
2021
2022
2024
Q1: 0.0
Med: 3.36
Q3: 42.51
Average-17 pts over 3 years
In 2024, the debt ratio of TANGO SPORTS (15.50) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
Financial autonomy
34.88%2024
2021
2022
2024
Q1: 3.88%
Med: 34.74%
Q3: 63.98%
Good+8 pts over 3 years
In 2024, the financial autonomy of TANGO SPORTS (34.9%) 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.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 154.21. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2024)
?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good 1-1.5 : Fair < 1 : Liquidity risk
154.213
Liquidity indicators evolution TANGO SPORTS
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2019
2020
2021
2022
2024
Liquidity ratio
144.357
218.042
163.443
140.752
144.273
0.0
154.075
154.213
Interest coverage
-4.798
3.089
8.797
None
None
None
None
None
Sector positioning
Liquidity ratio
154.212024
2021
2022
2024
Q1: 132.21
Med: 250.32
Q3: 499.26
Average+6 pts over 3 years
In 2024, the liquidity ratio of TANGO SPORTS (154.21) 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.
Working capital requirement (WCR) and payment terms
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.
Operating WCR (2024)
?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released Positive = financing needed
0 €
Customer credit (2024)
?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good 45-60j : Average > 60j : Long
0 j
Supplier credit (2024)
?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow
0 j
Inventory turnover (2024)
?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover
0 j
WCR and payment terms evolution TANGO SPORTS
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2024
Operating WCR
97 113 €
177 222 €
97 700 €
0 €
0 €
0 €
0 €
0 €
Inventory turnover (days)
258
86
61
0
0
0
0
0
Customer payment term (days)
0
2
0
0
0
0
0
0
Supplier payment term (days)
120
49
41
0
0
0
0
0
Positioning of TANGO SPORTS in its sector
Comparison with sector Programmation informatique
Valuation estimate
Based on 120 transactions of similar company sales
(all years),
the value of TANGO SPORTS is estimated at
207 887 €
(range 90 210€ - 574 134€).
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.
Estimated enterprise value2024
120 transactions
90k€207k€574k€
207 887 €Range: 90 210€ - 574 134€
NAF 5 all-time
Valuation method used
Net Income Multiple
96 581 €
×
2.2x
=207 887 €
Range: 90 211€ - 574 134€
Only this financial indicator is available for this company.
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 120 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
Net Income Multiple: Relevant for mature companies with stable results.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Similar companies (Programmation informatique)
Compare TANGO SPORTS with other companies in the same sector:
Yes, TANGO SPORTS generated a net profit of 97 k€ in 2024.
Where is the headquarters of TANGO SPORTS ?
The headquarters of TANGO SPORTS is located in TARARE (69170), in the department Rhone.
Where to find the tax return of TANGO SPORTS ?
The tax return of TANGO SPORTS 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).
In which sector does TANGO SPORTS operate?
TANGO SPORTS operates in the sector Programmation informatique (NAF code 62.01Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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