WESTERN UNION NETWORK (FRANCE) : revenue, balance sheet and financial ratios

WESTERN UNION NETWORK (FRANCE) is a French company founded 22 years ago, specialized in the sector Autres activités de soutien aux entreprises n.c.a.. Based in PUTEAUX (92800), this company of category PME shows in 2024 a revenue of 6.3 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

Financial history - WESTERN UNION NETWORK (FRANCE) (SIREN 449521962)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 6 308 181 € 7 163 167 € 7 193 750 € 7 256 639 € 6 719 584 € 6 391 399 € 6 082 558 € 6 182 980 € 6 216 192 €
Net income 2 805 315 € 4 492 381 € 4 394 513 € 4 187 276 € 5 148 843 € 4 197 354 € 3 705 768 € 2 275 797 € 6 781 473 €
EBITDA 5 036 734 € 5 848 344 € 6 290 010 € 6 533 728 € 5 906 553 € 5 482 652 € 8 093 176 € 8 212 293 € 8 538 036 €
Net margin 44.5% 62.7% 61.1% 57.7% 76.6% 65.7% 60.9% 36.8% 109.1%

Revenue and income statement

In 2024, WESTERN UNION NETWORK (FRANCE) achieves revenue of 6.3 M€. Revenue is growing positively over 9 years (CAGR: +0.2%). Significant drop of -12% vs 2023. After deducting consumption (0 €), gross margin stands at 6.3 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 5.0 M€, representing 79.8% of 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 2.8 M€, i.e. 44.5% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

6 308 181 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

6 308 181 €

EBITDA (2024) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

5 036 734 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

5 021 292 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

2 805 315 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

79.8%

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 852%. 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 9%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 117.3 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 44.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

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

852.259%

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

8.725%

Cash flow / Revenue (2024) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

44.471%

Repayment capacity (2024) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

117.296

Solvency indicators evolution
WESTERN UNION NETWORK (FRANCE)

Sector positioning

Debt ratio
852.26 2024
2022
2023
2024
Q1: 0.0
Med: 5.61
Q3: 47.03
Average

In 2024, the debt ratio of WESTERN UNION NETWORK (FR... (852.26) 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
8.72% 2024
2022
2023
2024
Q1: 6.21%
Med: 32.46%
Q3: 67.88%
Average

In 2024, the financial autonomy of WESTERN UNION NETWORK (FR... (8.7%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
117.3 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 1.29 years
Watch

In 2024, the repayment capacity of WESTERN UNION NETWORK (FR... (117.30) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 614.43. 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 371.9x. Operating income very largely covers interest expenses: high safety margin.

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

614.43

Interest coverage (2024) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

371.922

Liquidity indicators evolution
WESTERN UNION NETWORK (FRANCE)

Sector positioning

Liquidity ratio
614.43 2024
2022
2023
2024
Q1: 120.11
Med: 218.14
Q3: 571.7
Excellent +48 pts over 3 years

In 2024, the liquidity ratio of WESTERN UNION NETWORK (FR... (614.43) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
371.92x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 1.61x
Excellent

In 2024, the interest coverage of WESTERN UNION NETWORK (FR... (371.9x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 27 days. Favorable situation: supplier credit is longer than customer credit by 27 days. Overall, WCR represents 10708 days of revenue, i.e. 187.6 M€ to permanently finance. Over 2016-2024, WCR increased by +584%, requiring additional financing.

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

187 634 384 €

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

27 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 in days of revenue (2024) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

10708 j

WCR and payment terms evolution
WESTERN UNION NETWORK (FRANCE)

Positioning of WESTERN UNION NETWORK (FRANCE) in its sector

Comparison with sector Autres activités de soutien aux entreprises n.c.a.

Valuation estimate

Based on 131 transactions of similar company sales (all years), the value of WESTERN UNION NETWORK (FRANCE) is estimated at 14 748 516 € (range 4 560 930€ - 27 763 191€). With an EBITDA of 5 036 734€, the sector multiple of 4.8x is applied. The price/revenue ratio is 0.36x (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.

Estimated enterprise value 2024
131 transactions
4560k€ 14748k€ 27763k€
14 748 516 € Range: 4 560 930€ - 27 763 191€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
5 036 734 € × 4.8x
Estimation 24 427 203 €
7 334 830€ - 42 022 205€
Revenue Multiple 30%
6 308 181 € × 0.36x
Estimation 2 249 579 €
1 123 550€ - 4 252 109€
Net Income Multiple 20%
2 805 315 € × 3.3x
Estimation 9 300 209 €
2 782 250€ - 27 382 284€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 131 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 (Autres activités de soutien aux entreprises n.c.a.)

Compare WESTERN UNION NETWORK (FRANCE) with other companies in the same sector:

Voir toutes les statistiques du secteur Autres activités de soutien aux entreprises n.c.a.

Frequently asked questions about WESTERN UNION NETWORK (FRANCE)

What is the revenue of WESTERN UNION NETWORK (FRANCE) ?

The revenue of WESTERN UNION NETWORK (FRANCE) in 2024 is 6.3 M€.

Is WESTERN UNION NETWORK (FRANCE) profitable?

Yes, WESTERN UNION NETWORK (FRANCE) generated a net profit of 2.8 M€ in 2024.

Where is the headquarters of WESTERN UNION NETWORK (FRANCE) ?

The headquarters of WESTERN UNION NETWORK (FRANCE) is located in PUTEAUX (92800), in the department Hauts-de-Seine.

Where to find the tax return of WESTERN UNION NETWORK (FRANCE) ?

The tax return of WESTERN UNION NETWORK (FRANCE) 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 WESTERN UNION NETWORK (FRANCE) operate?

WESTERN UNION NETWORK (FRANCE) operates in the sector Autres activités de soutien aux entreprises n.c.a. (NAF code 82.99Z). See the 'Sector positioning' section above to compare the company with its competitors.