SIREN : 419440581
USAP is a French company founded 27 years ago, specialized in the sector Activités de clubs de sports. Based in PERPIGNAN (66000), this company of category PME shows in 2025 a revenue of 19.6 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-09
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 19 554 860 € | 18 233 902 € | 15 718 672 € | 14 795 259 € | 7 733 161 € | 9 164 782 € | 13 754 714 € | 8 842 992 € | 7 788 093 € |
| Net income | -758 206 € | -1 526 320 € | -1 781 533 € | -980 736 € | -501 937 € | -1 457 695 € | -1 294 826 € | -1 984 754 € | -1 758 216 € |
| EBITDA | -1 423 387 € | -2 126 852 € | -1 787 816 € | -1 789 194 € | -898 365 € | -1 835 071 € | -925 255 € | -2 319 146 € | -1 234 102 € |
| Net margin | -3.9% | -8.4% | -11.3% | -6.6% | -6.5% | -15.9% | -9.4% | -22.4% | -22.6% |
In 2025, USAP achieves revenue of 19.6 M€. Over the period 2017-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +12.2%. Vs 2024: +7%. After deducting consumption (112 k€), gross margin stands at 19.4 M€, i.e. a rate of 99%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -1.4 M€, representing -7.3% of revenue. Positive scissor effect: EBITDA margin improves by +4.4 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -758 k€ (-3.9% of revenue), which will impact equity.
19 554 860 €
19 442 838 €
-1 423 387 €
-987 468 €
-758 206 €
-7.2%
The debt ratio (= Financial debt / Equity x 100) stands at 45%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 33%. The balance between equity and debt is satisfactory.
44.928%
33.374%
-9.011%
-0.778
32.5%
In 2025, the debt ratio of USAP (44.93) 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 2025, the financial autonomy of USAP (33.4%) 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.
In 2025, the repayment capacity of USAP (-0.78) 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 152.74. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
152.737
-1.671
In 2025, the liquidity ratio of USAP (152.74) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.
In 2025, the interest coverage of USAP (-1.7x) 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: 54 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 64 days. Favorable situation: supplier credit is longer than customer credit by 10 days. Overall, WCR represents 9 days of revenue, i.e. 499 k€ to permanently finance.
498 844 €
54 j
64 j
0 j
9 j
Based on 161 transactions of similar company sales (all years), the value of USAP is estimated at 12 119 114 € (range 6 064 783€ - 19 508 145€). The price/revenue ratio is 0.62x (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.
Only this financial indicator is available for this company.
This estimate is based on the analysis of 161 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 USAP with other companies in the same sector:
Voir toutes les statistiques du secteur Activités de clubs de sports
The revenue of USAP in 2025 is 19.6 M€.
USAP recorded a net loss in 2025.
The headquarters of USAP is located in PERPIGNAN (66000), in the department Pyrenees-Orientales.
The tax return of USAP 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).
USAP operates in the sector Activités de clubs de sports (NAF code 93.12Z). See the 'Sector positioning' section above to compare the company with its competitors.