SIREN : 528471980
IRO is a French company founded 15 years ago, specialized in the sector Commerce de gros (commerce interentreprises) d'habillement et de chaussures. Based in PARIS (75011), this company of category PME shows in 2023 a revenue of 47.9 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
| Indicador | 2023 | 2022 | 2021 | 2020 | 2019 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|
| Ingresos | 47 869 472 € | 56 985 171 € | 53 919 615 € | 49 256 761 € | 55 173 083 € | 45 638 611 € | 44 454 129 € |
| Resultado neto | -10 947 135 € | -1 907 967 € | 6 871 641 € | 5 022 399 € | 5 805 012 € | 4 733 985 € | 3 616 713 € |
| EBITDA | -7 491 538 € | -384 540 € | 8 314 460 € | 7 695 097 € | 10 928 374 € | 7 639 599 € | 7 583 865 € |
| Margen neto | -22.9% | -3.3% | 12.7% | 10.2% | 10.5% | 10.4% | 8.1% |
In 2023, IRO achieves revenue of 47.9 M€. Revenue is growing positively over 7 years (CAGR: +1.1%). Significant drop of -16% vs 2022. After deducting consumption (26.3 M€), gross margin stands at 21.5 M€, i.e. a rate of 45%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -7.5 M€, representing -15.6% of revenue. Warning negative scissor effect: despite revenue change (-16%), EBITDA varies by -1848%, reducing margin by 15.0 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -10.9 M€ (-22.9% of revenue), which will impact equity.
47 869 472 €
21 525 675 €
-7 491 538 €
-10 830 514 €
-10 947 135 €
-15.6%
The debt ratio (= Financial debt / Equity x 100) stands at 177%. 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 28%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 21.8 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 2.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
177.305%
27.809%
2.892%
21.803
27.3%
In 2023, the debt ratio of IRO (177.31) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.
In 2023, the financial autonomy of IRO (27.8%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2023, the repayment capacity of IRO (21.80) 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 324.94. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
324.939
-11.186
In 2023, the liquidity ratio of IRO (324.94) 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 2023, the interest coverage of IRO (-11.2x) 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: 95 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 37 days. The gap of 58 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 216 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 251 days of revenue, i.e. 33.3 M€ to permanently finance. Over 2016-2023, WCR increased by +70%, requiring additional financing.
33 344 438 €
95 j
37 j
216 j
251 j
Based on 124 transactions of similar company sales (all years), the value of IRO is estimated at 8 331 350 € (range 4 286 276€ - 23 991 338€). The price/revenue ratio is 0.17x (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.
Only this financial indicator is available for this company.
This estimate is based on the analysis of 124 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 IRO with other companies in the same sector:
The revenue of IRO in 2023 is 47.9 M€.
IRO recorded a net loss in 2023.
The headquarters of IRO is located in PARIS (75011), in the department Paris.
The tax return of IRO 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).
IRO operates in the sector Commerce de gros (commerce interentreprises) d'habillement et de chaussures (NAF code 46.42Z). See the 'Sector positioning' section above to compare the company with its competitors.