SIREN : 434100236
WE+ is a French company founded 25 years ago, specialized in the sector Conseil en systèmes et logiciels informatiques. Based in BIOT (06410), this company of category ETI shows in 2024 a revenue of 28.3 M€. 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 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 28 300 431 € | 35 131 608 € | 37 385 008 € | 15 884 312 € | 10 339 509 € | 9 779 349 € | 9 242 241 € | 7 904 896 € |
| Net income | 649 472 € | 892 919 € | 3 034 554 € | -214 859 € | 543 089 € | -20 708 € | 447 021 € | 156 681 € |
| EBITDA | 642 649 € | 1 965 401 € | 3 908 884 € | 952 007 € | 809 130 € | 303 143 € | 353 484 € | -155 226 € |
| Net margin | 2.3% | 2.5% | 8.1% | -1.4% | 5.3% | -0.2% | 4.8% | 2.0% |
In 2024, WE+ achieves revenue of 28.3 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +17.3%. Significant drop of -19% vs 2022. After deducting consumption (41 k€), gross margin stands at 28.3 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 643 k€, representing 2.3% of revenue. Warning negative scissor effect: despite revenue change (-19%), EBITDA varies by -67%, reducing margin by 3.3 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 649 k€, i.e. 2.3% of revenue. This profit can be retained or distributed to shareholders.
28 300 431 €
28 259 209 €
642 649 €
661 982 €
649 472 €
2.3%
The debt ratio (= Financial debt / Equity x 100) stands at 27%. 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 42%. 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 3.7 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 1.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
26.8%
42.083%
1.92%
3.673
7.9%
In 2024, the debt ratio of WE+ (26.80) 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 2024, the financial autonomy of WE+ (42.1%) 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 2024, the repayment capacity of WE+ (3.67) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.
The liquidity ratio (= Current assets / Current liabilities) stands at 114.14. 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 35.9x. Operating income very largely covers interest expenses: high safety margin.
114.141
35.86
In 2024, the liquidity ratio of WE+ (114.14) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.
In 2024, the interest coverage of WE+ (35.9x) 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: 23 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 75 days. Excellent situation: suppliers finance 52 days of the operating cycle (retail model). Overall, WCR represents 40 days of revenue, i.e. 3.2 M€ to permanently finance. Over 2016-2024, WCR increased by +169%, requiring additional financing.
3 183 232 €
23 j
75 j
0 j
40 j
Based on 215 transactions of similar company sales (all years), the value of WE+ is estimated at 1 868 229 € (range 932 333€ - 4 438 728€). With an EBITDA of 642 649€, the sector multiple of 1.0x is applied. The price/revenue ratio is 0.16x (conservative valuation). 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.
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This estimate is based on the analysis of 215 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 WE+ with other companies in the same sector:
Voir toutes les statistiques du secteur Conseil en systèmes et logiciels informatiques
The revenue of WE+ in 2024 is 28.3 M€.
Yes, WE+ generated a net profit of 649 k€ in 2024.
The headquarters of WE+ is located in BIOT (06410), in the department Alpes-Maritimes.
The tax return of WE+ 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).
WE+ operates in the sector Conseil en systèmes et logiciels informatiques (NAF code 62.02A). See the 'Sector positioning' section above to compare the company with its competitors.