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CHOPINET : revenue, balance sheet and financial ratios

CHOPINET is a French company founded 39 years ago, specialized in the sector Travaux de menuiserie métallique et serrurerie. Based in IBOS (65420), this company of category PME shows in 2022 a revenue of 808 k€. 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 - CHOPINET (SIREN 338624430)
Indicator 2024 2023 2022
Revenue N/C N/C 808 331 €
Net income -4 939 € 33 493 € 44 545 €
EBITDA N/C N/C 49 648 €
Net margin N/C N/C 5.5%

Revenue and income statement

In 2024, CHOPINET records a net loss of 5 k€. This deficit will reduce equity on the balance sheet.

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-4 939 €

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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 13%. 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 54%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

12.839%

Financial autonomy (2024) ?
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

53.963%

Asset age ratio (2024) ?
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

56.4%

Solvency indicators evolution
CHOPINET

Sector positioning

Debt ratio
12.84 2024
2022
2023
2024
Q1: 3.86
Med: 18.7
Q3: 47.26
Good

In 2024, the debt ratio of CHOPINET (12.84) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
53.96% 2024
2022
2023
2024
Q1: 22.22%
Med: 43.8%
Q3: 59.91%
Good

In 2024, the financial autonomy of CHOPINET (54.0%) 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.

Repayment capacity
0.67 years 2022
2022
Q1: 0.0 years
Med: 0.59 years
Q3: 2.34 years
Average

In 2022, the repayment capacity of CHOPINET (0.67) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 186.96. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2024) ?
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

186.957

Liquidity indicators evolution
CHOPINET

Sector positioning

Liquidity ratio
186.96 2024
2022
2023
2024
Q1: 164.13
Med: 228.07
Q3: 326.05
Average -6 pts over 3 years

In 2024, the liquidity ratio of CHOPINET (186.96) 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.

Interest coverage
1.03x 2022
2022
Q1: 0.0x
Med: 0.61x
Q3: 2.9x
Good

In 2022, the interest coverage of CHOPINET (1.0x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 440 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 123 days. The gap of 317 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow.

Operating WCR (2024) ?
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 (2024) ?
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

440 j

Supplier credit (2024) ?
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

123 j

Inventory turnover (2024) ?
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
CHOPINET

Positioning of CHOPINET in its sector

Comparison with sector Travaux de menuiserie métallique et serrurerie

Similar companies (Travaux de menuiserie métallique et serrurerie)

Compare CHOPINET with other companies in the same sector:

Frequently asked questions about CHOPINET

What is the revenue of CHOPINET ?

The revenue of CHOPINET in 2022 is 808 k€.

Is CHOPINET profitable?

CHOPINET recorded a net loss in 2024.

Where is the headquarters of CHOPINET ?

The headquarters of CHOPINET is located in IBOS (65420), in the department Hautes-Pyrenees.

Where to find the tax return of CHOPINET ?

The tax return of CHOPINET 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 CHOPINET operate?

CHOPINET operates in the sector Travaux de menuiserie métallique et serrurerie (NAF code 43.32B). See the 'Sector positioning' section above to compare the company with its competitors.