SIREN : 325695260
CEWE is a French company founded 43 years ago, specialized in the sector Activités photographiques. Based in CLICHY (92110), this company of category ETI shows in 2024 a revenue of 60.2 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 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 60 222 018 € | 54 471 628 € | 48 836 768 € | 44 448 462 € | 49 141 038 € | 48 248 826 € | 42 679 964 € | 40 769 806 € | 41 292 556 € |
| Net income | 3 115 292 € | 2 826 177 € | 1 574 399 € | 749 438 € | 1 290 538 € | 1 353 849 € | 1 417 037 € | 534 087 € | 669 130 € |
| EBITDA | 3 607 983 € | 3 536 610 € | 3 084 148 € | 2 282 758 € | 3 645 901 € | 3 697 247 € | 4 410 557 € | 3 378 920 € | 3 605 676 € |
| Net margin | 5.2% | 5.2% | 3.2% | 1.7% | 2.6% | 2.8% | 3.3% | 1.3% | 1.6% |
In 2024, CEWE achieves revenue of 60.2 M€. Revenue is growing positively over 9 years (CAGR: +4.8%). Vs 2023, growth of +11% (54.5 M€ -> 60.2 M€). After deducting consumption (9.8 M€), gross margin stands at 50.4 M€, i.e. a rate of 84%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 3.6 M€, representing 6.0% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 3.1 M€, i.e. 5.2% of revenue. This profit can be retained or distributed to shareholders.
60 222 018 €
50 375 838 €
3 607 983 €
2 468 396 €
3 115 292 €
6.0%
The debt ratio (= Financial debt / Equity x 100) stands at 1%. 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 44%. 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 0.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 7.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
0.538%
44.293%
7.087%
0.028
13.1%
In 2024, the debt ratio of CEWE (0.54) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2024, the financial autonomy of CEWE (44.3%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.
In 2024, the repayment capacity of CEWE (0.03) 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 171.36. 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 1.2x. Coverage is limited: any activity downturn would jeopardize interest payments.
171.363
1.21
In 2024, the liquidity ratio of CEWE (171.36) 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 2024, the interest coverage of CEWE (1.2x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 57 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 122 days. Excellent situation: suppliers finance 65 days of the operating cycle (retail model). Inventory turnover is 12 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 220 days of revenue, i.e. 36.8 M€ to permanently finance. Over 2016-2024, WCR increased by +162%, requiring additional financing.
36 824 560 €
57 j
122 j
12 j
220 j
Indicative estimate only : the number of comparable transactions in this sector is limited (31 transactions). This range of 9 805 117€ to 27 772 793€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 31 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 CEWE with other companies in the same sector:
Voir toutes les statistiques du secteur Activités photographiques
The revenue of CEWE in 2024 is 60.2 M€.
Yes, CEWE generated a net profit of 3.1 M€ in 2024.
The headquarters of CEWE is located in CLICHY (92110), in the department Hauts-de-Seine.
The tax return of CEWE 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).
CEWE operates in the sector Activités photographiques (NAF code 74.20Z). See the 'Sector positioning' section above to compare the company with its competitors.