XXII GROUP : revenue, balance sheet and financial ratios

XXII GROUP is a French company founded 11 years ago, specialized in the sector Edition de logiciels applicatifs. Based in PUTEAUX (92800), this company of category PME shows in 2020 a revenue of 1.4 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

Financial history - XXII GROUP (SIREN 810761783)
Indicator 2023 2022 2021 2020 2019 2018
Revenue N/C N/C N/C 1 390 102 € 2 060 306 € 2 223 709 €
Net income -6 718 442 € -4 342 308 € -2 148 784 € -219 611 € 164 114 € 58 645 €
EBITDA N/C N/C N/C -1 027 581 € -412 669 € -370 084 €
Net margin N/C N/C N/C -15.8% 8.0% 2.6%

Revenue and income statement

In 2023, XXII GROUP records a net loss of 6.7 M€. This deficit will reduce equity on the balance sheet.

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-6 718 442 €

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Chart evolution

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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 -305%. 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 -24%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

-305.165%

Financial autonomy (2023) ?
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

-23.994%

Asset age ratio (2023) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

51.2%

Solvency indicators evolution
XXII GROUP

Sector positioning

Debt ratio
-305.17 2023
2021
2022
2023
Q1: 0.0
Med: 7.38
Q3: 53.46
Excellent

In 2023, the debt ratio of XXII GROUP (-305.17) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
-23.99% 2023
2021
2022
2023
Q1: 14.86%
Med: 40.01%
Q3: 62.52%
Average

In 2023, the financial autonomy of XXII GROUP (-24.0%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 99.65. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2023) ?
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

99.648

Liquidity indicators evolution
XXII GROUP

Sector positioning

Liquidity ratio
99.65 2023
2021
2022
2023
Q1: 147.42
Med: 250.59
Q3: 478.63
Watch

In 2023, the liquidity ratio of XXII GROUP (99.65) 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.

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 (2023) ?
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 (2023) ?
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 (2023) ?
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 (2023) ?
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
XXII GROUP

Positioning of XXII GROUP in its sector

Comparison with sector Edition de logiciels applicatifs

Similar companies (Edition de logiciels applicatifs)

Compare XXII GROUP with other companies in the same sector:

Voir toutes les statistiques du secteur Edition de logiciels applicatifs

Frequently asked questions about XXII GROUP

What is the revenue of XXII GROUP ?

The revenue of XXII GROUP in 2020 is 1.4 M€.

Is XXII GROUP profitable?

XXII GROUP recorded a net loss in 2023.

Where is the headquarters of XXII GROUP ?

The headquarters of XXII GROUP is located in PUTEAUX (92800), in the department Hauts-de-Seine.

Where to find the tax return of XXII GROUP ?

The tax return of XXII GROUP 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 XXII GROUP operate?

XXII GROUP operates in the sector Edition de logiciels applicatifs (NAF code 58.29C). See the 'Sector positioning' section above to compare the company with its competitors.