Financial situation

A VERY HEALTHY FINANCIAL SITUATION

ProSim’s financial situation is very healthy and its solvency is good as evidenced by the ratings awarded by the various rating and financial reporting organizations.

To achieve its ambitions, the strategy of the management team has always favored the long term by building lasting relationships with customers and maintaining rigorous management. Since its creation in 1989, the company’s turnover has grown steadily. This development has tended to accelerate in recent years. For example, the orders received by the company have increased on average over the last two years (fiscal years 2018 and 2019) by 32% per year.

The company’s cash is high and debt remains very low.

The management of the company has always been described as “honest and sincere” by the company’s auditors (KPMG & BDO). Likewise, the annual accounts, drawn up in accordance with the applicable rules and principles, have systematically given a true picture of the results of operations as well as the financial and patrimonial situation of the company.

The tax administration, which recently carried out a very detailed audit of the accounts, also confirmed the clarity of the company’s accounts.

This long-term management method now allows the company to display a solid balance sheet, guaranteeing the sustainability of the company.

Beyond appropriate human resources, ProSim has the financial resources necessary for its growth.

Administrative data:

ProSim is an Incorporated (Public Limited Company) company with a board of directors. Its shares are held by individuals.

Registration number: 350 476 487 RCS Toulouse
Registration date: May 9, 1989
Capital of the company: 147 800 €
APE code: 5829 C

Registered office:
51, rue Ampère
Immeuble Stratège A
F-31670 Labège
France

VAT Number: FR 10 350 476 487
SIRET: 350 476 487 00037
D-U-N-S^® Number: 38 108 2049