SIREN : 382844579
BROWN EUROPE is a French company founded 34 years ago, specialized in the sector Étirage à froid de barres. Based in LAVAL-DE-CERE (46130), this company of category PME shows in 2023 a revenue of 37.1 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
| Indicator | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 37 056 229 € | 27 259 894 € | 16 131 440 € | 19 077 897 € | 26 471 193 € | 24 860 467 € | 23 270 729 € | 20 956 316 € |
| Net income | 1 833 256 € | 1 524 324 € | -433 309 € | -1 326 190 € | 341 338 € | 994 842 € | 471 336 € | 999 979 € |
| EBITDA | 4 151 092 € | 2 938 286 € | 456 626 € | 147 788 € | 2 446 198 € | 2 523 133 € | 2 014 842 € | 2 652 639 € |
| Net margin | 4.9% | 5.6% | -2.7% | -7.0% | 1.3% | 4.0% | 2.0% | 4.8% |
In 2023, BROWN EUROPE achieves revenue of 37.1 M€. Over the period 2016-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +8.5%. Vs 2022, growth of +36% (27.3 M€ -> 37.1 M€). After deducting consumption (22.0 M€), gross margin stands at 15.0 M€, i.e. a rate of 41%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 4.2 M€, representing 11.2% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.8 M€, i.e. 4.9% of revenue. This profit can be retained or distributed to shareholders.
37 056 229 €
15 037 815 €
4 151 092 €
2 821 054 €
1 833 256 €
11.2%
The debt ratio (= Financial debt / Equity x 100) stands at 11%. 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 65%. 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 0.7 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 8.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
11.063%
65.48%
8.089%
0.747
33.0%
In 2023, the debt ratio of BROWN EUROPE (11.06) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2023, the financial autonomy of BROWN EUROPE (65.5%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.
In 2023, the repayment capacity of BROWN EUROPE (0.75) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.
The liquidity ratio (= Current assets / Current liabilities) stands at 276.66. 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 3.8x. Financial charges are adequately covered by operations.
276.657
3.817
In 2023, the liquidity ratio of BROWN EUROPE (276.66) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.
In 2023, the interest coverage of BROWN EUROPE (3.8x) 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: 56 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 66 days. Favorable situation: supplier credit is longer than customer credit by 10 days. Inventory turnover is 110 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 162 days of revenue, i.e. 16.7 M€ to permanently finance. Over 2016-2023, WCR increased by +97%, requiring additional financing.
16 692 349 €
56 j
66 j
110 j
162 j
Compare BROWN EUROPE with other companies in the same sector:
Voir toutes les statistiques du secteur Étirage à froid de barres
The revenue of BROWN EUROPE in 2023 is 37.1 M€.
Yes, BROWN EUROPE generated a net profit of 1.8 M€ in 2023.
The headquarters of BROWN EUROPE is located in LAVAL-DE-CERE (46130), in the department Lot.
The tax return of BROWN EUROPE 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).
BROWN EUROPE operates in the sector Étirage à froid de barres (NAF code 24.31Z). See the 'Sector positioning' section above to compare the company with its competitors.