SIREN : 443982038
FLEX-N-GATE FRANCE is a French company founded 23 years ago, specialized in the sector Fabrication d'autres équipements automobiles. Based in AUDINCOURT (25400), this company of category ETI shows in 2024 a revenue of 322.5 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 | 322 464 829 € | 271 700 769 € | 249 667 856 € | 251 641 915 € | 215 244 193 € | 384 985 296 € | 356 400 718 € | 375 206 912 € | 367 754 720 € |
| Net income | -11 467 782 € | 867 665 € | 4 610 683 € | 8 990 510 € | 405 613 € | 24 146 822 € | 24 661 072 € | 21 215 897 € | 19 598 339 € |
| EBITDA | 8 379 545 € | 14 423 064 € | 16 211 972 € | 21 756 999 € | 14 606 741 € | 49 732 660 € | 42 640 216 € | 36 918 262 € | 35 640 024 € |
| Net margin | -3.6% | 0.3% | 1.8% | 3.6% | 0.2% | 6.3% | 6.9% | 5.7% | 5.3% |
In 2024, FLEX-N-GATE FRANCE achieves revenue of 322.5 M€. Activity remains stable over the period (CAGR: -1.6%). Vs 2023, growth of +19% (271.7 M€ -> 322.5 M€). After deducting consumption (98.4 M€), gross margin stands at 224.1 M€, i.e. a rate of 69%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 8.4 M€, representing 2.6% of revenue. Warning negative scissor effect: despite revenue change (+19%), EBITDA varies by -42%, reducing margin by 2.7 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -11.5 M€ (-3.6% of revenue), which will impact equity.
322 464 829 €
224 054 450 €
8 379 545 €
-13 152 772 €
-11 467 782 €
2.6%
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 39%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.3 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 3.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
12.7%
38.889%
3.306%
1.316
31.2%
In 2024, the debt ratio of FLEX-N-GATE FRANCE (12.70) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2024, the financial autonomy of FLEX-N-GATE FRANCE (38.9%) 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 FLEX-N-GATE FRANCE (1.32) 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 119.55. 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 20.5x. Operating income very largely covers interest expenses: high safety margin.
119.545
20.505
In 2024, the liquidity ratio of FLEX-N-GATE FRANCE (119.55) 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 FLEX-N-GATE FRANCE (20.5x) 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: 55 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 82 days. Favorable situation: supplier credit is longer than customer credit by 27 days. Inventory turnover is 92 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 58 days of revenue, i.e. 51.5 M€ to permanently finance.
51 539 554 €
55 j
82 j
92 j
58 j
Indicative estimate only : the number of comparable transactions in this sector is limited (22 transactions). This range of 97 385 041€ to 210 628 613€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 22 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 FLEX-N-GATE FRANCE with other companies in the same sector:
Voir toutes les statistiques du secteur Fabrication d'autres équipements automobiles
The revenue of FLEX-N-GATE FRANCE in 2024 is 322.5 M€.
FLEX-N-GATE FRANCE recorded a net loss in 2024.
The headquarters of FLEX-N-GATE FRANCE is located in AUDINCOURT (25400), in the department Doubs.
The tax return of FLEX-N-GATE FRANCE 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).
FLEX-N-GATE FRANCE operates in the sector Fabrication d'autres équipements automobiles (NAF code 29.32Z). See the 'Sector positioning' section above to compare the company with its competitors.