Le dernier exercice comptable publié pour cette entreprise remonte à 2021. Les données ci-dessous peuvent ne plus refléter sa situation actuelle.

IPC PIPING : revenue, balance sheet and financial ratios

IPC PIPING is a French company founded 15 years ago, specialized in the sector Commerce de gros (commerce interentreprises) non spécialisé. Based in MARSEILLE (13016), this company of category PME shows in 2021 a revenue of 1.3 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-08-08

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Synthèse

Santé financière : Saine

Aucun signal de fragilité majeur : rentabilité positive et structure financière équilibrée.

In summary, IPC PIPING posts positive profitability over the latest financial year. Its financial structure is solid, with debt well contained relative to its sector.

Financial history - IPC PIPING (SIREN 531324168)
Indicator 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue N/C N/C N/C N/C 1 319 192 € N/C 2 183 447 € 3 023 490 € 903 044 € 3 913 026 €
Net income 175 159 € 844 570 € 781 688 € 298 476 € 3 003 € 11 846 € 46 842 € 112 866 € -128 695 € 287 820 €
EBITDA N/C N/C N/C N/C -12 502 € N/C 53 783 € 109 259 € -107 185 € 413 259 €
Net margin N/C N/C N/C N/C 0.2% N/C 2.1% 3.7% -14.3% 7.4%

Revenue and income statement

In 2025, IPC PIPING generates positive net income of 175 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2021-2025: 288 k€ -> 175 k€.

Revenue (2021) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

1 319 192 €

Gross margin (2021) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

355 218 €

EBITDA (2021) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

-12 502 €

EBIT (2021) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-6 837 €

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

3 003 €

EBITDA margin (2021) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-0.9%

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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 2%. This ratio is more favorable than the sector median (9.8%). Financial autonomy (= Equity / Total assets x 100) reaches 70%. Compared with its sector, this ratio places the company among the best positioned (sector median: 36.0%).

Debt ratio (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

2.3%

Financial autonomy (2021) ?
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

70.35%

Cash flow / Revenue (2021) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

-0.2%

Repayment capacity (2021) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

-6.45

Asset age ratio (2021) ?
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

27.6%

Solvency indicators evolution
IPC PIPING

Sector positioning

Debt ratio
9.09% 2025
Q1: 0.04%
Med: 9.81%
Q3: 61.96%
Good -15 pts over 3 years

In 2025, the debt ratio of IPC PIPING (9.1%) 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
66.62% 2025
Q1: 11.07%
Med: 35.96%
Q3: 64.94%
Excellent +8 pts over 3 years

In 2025, the financial autonomy of IPC PIPING (66.6%) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 3.46. This ratio is more favorable than the sector median (2.4).

Liquidity ratio (2021) ?
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

3.46

Interest coverage (2021) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

-127.88

Liquidity indicators evolution
IPC PIPING

Sector positioning

Liquidity ratio
3.36 2025
Q1: 1.36
Med: 2.41
Q3: 4.64
Good +11 pts over 3 years

In 2025, the liquidity ratio of IPC PIPING (3.36) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. 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. Overall, WCR represents 66 days of revenue, i.e. 0 € to permanently finance. Between 2017 and 2021, WCR worsened by 41 days of revenue, signaling an increased financing need.

Operating WCR (2021) ?
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

243 483 €

Customer credit (2021) ?
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

55 j

Supplier credit (2021) ?
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

63 j

Inventory turnover (2021) ?
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 in days of revenue (2021) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

66 j

WCR and payment terms evolution
IPC PIPING

Positioning of IPC PIPING in its sector

Comparison with sector Commerce de gros (commerce interentreprises) non spécialisé

Valuation estimate

Based on 208 transactions of similar company sales (all years), the value of IPC PIPING is estimated at 698 234 € (range 167 761€ - 1 979 154€). This multiples method compares the actual sale price of similar companies to their financial indicators (Revenue, EBITDA, Net Income). It provides a market-based indicative estimate.

Estimated enterprise value 2025
208 transactions
167k€ 698k€ 1979k€
698 234 € Range: 167 761€ - 1 979 154€
NAF 5 all-time

Valuation method used

Net Income Multiple
175 159 € × 4.0x = 698 234 €
Range: 167 761€ - 1 979 154€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 208 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Commerce de gros (commerce interentreprises) non spécialisé)

Compare IPC PIPING with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de gros (commerce interentreprises) non spécialisé

Top companies in Commerce de gros (commerce interentreprises) non spécialisé

Largest companies by revenue in the sector Commerce de gros (commerce interentreprises) non spécialisé:

Top companies in Bouches-du-Rhone

Largest companies by revenue in the department Bouches-du-Rhone:

Voir le classement complet du département Bouches-du-Rhone

Frequently asked questions about IPC PIPING

What is the revenue of IPC PIPING ?

The revenue of IPC PIPING in 2021 is 1.3 M€.

Is IPC PIPING profitable?

Yes, IPC PIPING generated a net profit of 175 k€ in 2025.

Where is the headquarters of IPC PIPING ?

The headquarters of IPC PIPING is located in MARSEILLE (13016), in the department Bouches-du-Rhone.

Where to find the tax return of IPC PIPING ?

The tax return of IPC PIPING 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 IPC PIPING operate?

IPC PIPING operates in the sector Commerce de gros (commerce interentreprises) non spécialisé (NAF code 46.90Z). See the 'Sector positioning' section above to compare the company with its competitors.