SIREN : 325720423
MAPED is a French company founded 69 years ago, specialized in the sector Commerce de gros (commerce interentreprises) d'autres biens domestiques . Based in ARGONAY (74370), this company of category ETI shows in 2024 a revenue of 94.0 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 | 93 999 000 € | 101 321 387 € | 100 923 000 € | 91 853 397 € | 84 396 636 € | 93 641 333 € | 95 699 387 € | 95 081 154 € | 94 210 965 € |
| Net income | -16 675 000 € | 7 832 221 € | 5 681 000 € | 4 857 535 € | 2 684 161 € | 4 716 922 € | 3 315 486 € | 7 686 460 € | 7 700 277 € |
| EBITDA | 8 240 000 € | 10 140 503 € | 6 519 000 € | 10 229 870 € | 9 680 981 € | 9 651 645 € | 11 803 822 € | 13 691 746 € | 13 557 344 € |
| Net margin | -17.7% | 7.7% | 5.6% | 5.3% | 3.2% | 5.0% | 3.5% | 8.1% | 8.2% |
In 2024, MAPED achieves revenue of 94.0 M€. Activity remains stable over the period (CAGR: -0.0%). Slight decline of -7% vs 2023. After deducting consumption (43.0 M€), gross margin stands at 51.0 M€, i.e. a rate of 54%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 8.2 M€, representing 8.8% of revenue. This level of operating margin is satisfactory for the sector. Net income is negative at -16.7 M€ (-17.7% of revenue), which will impact equity.
93 999 000 €
50 968 000 €
8 240 000 €
4 987 000 €
-16 675 000 €
8.8%
The debt ratio (= Financial debt / Equity x 100) stands at 170%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 31%. The balance between equity and debt is satisfactory.
169.941%
31.398%
-11.033%
-8.843
24.3%
In 2024, the debt ratio of MAPED (169.94) 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 MAPED (31.4%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2024, the repayment capacity of MAPED (-8.84) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.
The liquidity ratio (= Current assets / Current liabilities) stands at 270.64. 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 351.2x. Operating income very largely covers interest expenses: high safety margin.
270.641
351.165
In 2024, the liquidity ratio of MAPED (270.64) 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.
In 2024, the interest coverage of MAPED (351.2x) 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: 80 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 72 days. The company must finance 8 days of gap between collections and payments. Inventory turnover is 54 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 156 days of revenue, i.e. 40.8 M€ to permanently finance. Over 2016-2024, WCR increased by +47%, requiring additional financing.
40 775 826 €
80 j
72 j
54 j
156 j
Based on 145 transactions of similar company sales (all years), the value of MAPED is estimated at 20 166 672 € (range 8 678 809€ - 54 923 103€). With an EBITDA of 8 240 000€, the sector multiple of 2.6x is applied. The price/revenue ratio is 0.19x (conservative valuation). 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.
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This estimate is based on the analysis of 145 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 MAPED with other companies in the same sector:
The revenue of MAPED in 2024 is 94.0 M€.
MAPED recorded a net loss in 2024.
The headquarters of MAPED is located in ARGONAY (74370), in the department Haute-Savoie.
The tax return of MAPED 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).
MAPED operates in the sector Commerce de gros (commerce interentreprises) d'autres biens domestiques (NAF code 46.49Z). See the 'Sector positioning' section above to compare the company with its competitors.