SIREN : 447776832
PENBASE is a French company founded 23 years ago, specialized in the sector Conseil en systèmes et logiciels informatiques. Based in JACOU (34830), this company of category PME shows in 2025 a revenue of 3.2 M€. 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
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3 174 410 € | 3 137 667 € | 2 994 323 € | 3 021 943 € | 2 900 774 € | 2 843 314 € | 2 824 722 € | 2 589 043 € | 1 954 142 € |
| Net income | 146 747 € | 258 435 € | 210 864 € | 59 548 € | 141 959 € | 111 763 € | 51 546 € | 135 220 € | 92 346 € |
| EBITDA | 508 580 € | 740 899 € | 568 506 € | 565 059 € | 615 098 € | 577 613 € | 453 524 € | 413 130 € | 400 003 € |
| Net margin | 4.6% | 8.2% | 7.0% | 2.0% | 4.9% | 3.9% | 1.8% | 5.2% | 4.7% |
In 2025, PENBASE achieves revenue of 3.2 M€. Over the period 2017-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +6.3%. Vs 2024: +1%. After deducting consumption (275 k€), gross margin stands at 2.9 M€, i.e. a rate of 91%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 509 k€, representing 16.0% of revenue. Warning negative scissor effect: despite revenue change (+1%), EBITDA varies by -31%, reducing margin by 7.6 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 147 k€, i.e. 4.6% of revenue. This profit can be retained or distributed to shareholders.
3 174 410 €
2 899 048 €
508 580 €
146 640 €
146 747 €
15.9%
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 42%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 3.1 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 16.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
97.693%
42.323%
16.157%
3.118
17.2%
In 2025, the debt ratio of PENBASE (97.69) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.
In 2025, the financial autonomy of PENBASE (42.3%) 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 2025, the repayment capacity of PENBASE (3.12) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.
The liquidity ratio (= Current assets / Current liabilities) stands at 414.75. 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 15.7x. Operating income very largely covers interest expenses: high safety margin.
414.75
15.669
In 2025, the liquidity ratio of PENBASE (414.75) 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 2025, the interest coverage of PENBASE (15.7x) 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: 69 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 55 days. The company must finance 14 days of gap between collections and payments. Inventory turnover is 16 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 218 days of revenue, i.e. 1.9 M€ to permanently finance. Over 2017-2025, WCR increased by +295%, requiring additional financing.
1 920 772 €
69 j
55 j
16 j
218 j
Based on 215 transactions of similar company sales (all years), the value of PENBASE is estimated at 444 510 € (range 194 507€ - 1 503 859€). With an EBITDA of 508 580€, the sector multiple of 1.0x is applied. The price/revenue ratio is 0.16x (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 215 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 PENBASE with other companies in the same sector:
Voir toutes les statistiques du secteur Conseil en systèmes et logiciels informatiques
The revenue of PENBASE in 2025 is 3.2 M€.
Yes, PENBASE generated a net profit of 147 k€ in 2025.
The headquarters of PENBASE is located in JACOU (34830), in the department Herault.
The tax return of PENBASE 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).
PENBASE operates in the sector Conseil en systèmes et logiciels informatiques (NAF code 62.02A). See the 'Sector positioning' section above to compare the company with its competitors.