Employees: NN (None)Legal category: SCA (commandite par actions)Size: PMECreation date: 2009-07-20 (16 years)Status: ActiveBusiness sector: Programmation informatiqueLocation: BIARRITZ (64200), Pyrenees-Atlantiques
MEPAX : revenue, balance sheet and financial ratios
MEPAX is a French company
founded 16 years ago,
specialized in the sector Programmation informatique.
Based in BIARRITZ (64200),
this company of category PME
shows in 2023 a revenue of 4.9 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In 2024, MEPAX generates positive net income of 45 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2024: 62 k€ -> 45 k€.
Net income (2024)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
45 119 €
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Item
Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 98%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 8%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
Debt ratio (2024)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
98.202%
Financial autonomy (2024)
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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
8.471%
Solvency indicators evolution MEPAX
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2023
2024
Debt ratio
50.519
45.764
35.618
55.29
78.536
79.141
149.843
98.202
Financial autonomy
44.36
42.931
37.303
33.629
30.126
27.242
5.98
8.471
Repayment capacity
4.536
1.648
1.112
2.028
11.271
3.192
3.302
None
Cash flow / Revenue
3.225%
6.325%
4.132%
1.458%
1.073%
2.469%
1.187%
None%
Sector positioning
Debt ratio
98.22024
2021
2023
2024
Q1: 0.0
Med: 3.36
Q3: 42.51
Average
In 2024, the debt ratio of MEPAX (98.20) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
Financial autonomy
8.47%2024
2021
2023
2024
Q1: 3.88%
Med: 34.74%
Q3: 63.98%
Average-17 pts over 3 years
In 2024, the financial autonomy of MEPAX (8.5%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
Repayment capacity
3.3 years2023
2021
2023
Q1: 0.0 years
Med: 0.0 years
Q3: 0.46 years
Average
In 2023, the repayment capacity of MEPAX (3.30) 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.
Working capital requirement (WCR) and payment terms
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.
Operating WCR (2024)
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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
0 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
0 j
Inventory turnover (2024)
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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 MEPAX
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2023
2024
Operating WCR
463 580 €
502 080 €
1 021 594 €
942 340 €
-274 832 €
-372 995 €
-256 362 €
0 €
Inventory turnover (days)
0
0
0
0
0
0
0
0
Customer payment term (days)
64
56
72
79
0
0
0
0
Supplier payment term (days)
58
56
70
62
74
72
98
0
Positioning of MEPAX in its sector
Comparison with sector Programmation informatique
Valuation estimate
Based on 120 transactions of similar company sales
(all years),
the value of MEPAX is estimated at
97 117 €
(range 42 143€ - 268 213€).
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 value2024
120 transactions
42k€97k€268k€
97 117 €Range: 42 143€ - 268 213€
NAF 5 all-time
Valuation method used
Net Income Multiple
45 119 €
×
2.2x
=97 117 €
Range: 42 143€ - 268 214€
Only this financial indicator is available for this company.
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 120 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 (Programmation informatique)
Compare MEPAX with other companies in the same sector:
Yes, MEPAX generated a net profit of 45 k€ in 2024.
Where is the headquarters of MEPAX ?
The headquarters of MEPAX is located in BIARRITZ (64200), in the department Pyrenees-Atlantiques.
Where to find the tax return of MEPAX ?
The tax return of MEPAX 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 MEPAX operate?
MEPAX operates in the sector Programmation informatique (NAF code 62.01Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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