SIREN : 492785720
PICHON ET ASSOCIES is a French company founded 19 years ago, specialized in the sector Transports routiers de fret interurbains. Based in CONCARNEAU (29900), this company of category PME shows in 2022 a revenue of 217 k€. 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 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|
| Revenue | 217 193 € | 1 223 350 € | N/C | N/C | 1 113 672 € | 906 317 € | 760 013 € |
| Net income | 105 552 € | 7 557 € | -25 377 € | -19 956 € | 29 447 € | 25 916 € | 36 251 € |
| EBITDA | 5 292 € | 28 699 € | N/C | N/C | 44 026 € | 27 771 € | 44 154 € |
| Net margin | 48.6% | 0.6% | N/C | N/C | 2.6% | 2.9% | 4.8% |
In 2022, PICHON ET ASSOCIES achieves revenue of 217 k€. Revenue is declining over the period 2016-2022 (CAGR: -18.8%). Significant drop of -82% vs 2021. After deducting consumption (81 k€), gross margin stands at 136 k€, i.e. a rate of 63%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 5 k€, representing 2.4% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 106 k€, i.e. 48.6% of revenue. This profit can be retained or distributed to shareholders.
217 193 €
135 815 €
5 292 €
5 587 €
105 552 €
2.4%
The debt ratio (= Financial debt / Equity x 100) stands at 0%. 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 72%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
0.041%
72.013%
-6.426%
-0.006
16.4%
In 2022, the debt ratio of PICHON ET ASSOCIES (0.04) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.
In 2022, the financial autonomy of PICHON ET ASSOCIES (72.0%) 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.
In 2022, the repayment capacity of PICHON ET ASSOCIES (-0.01) 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 303.62. 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 17.2x. Operating income very largely covers interest expenses: high safety margin.
303.617
17.234
In 2022, the liquidity ratio of PICHON ET ASSOCIES (303.62) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.
In 2022, the interest coverage of PICHON ET ASSOCIES (17.2x) 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: 10 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 49 days. Excellent situation: suppliers finance 39 days of the operating cycle (retail model). Overall, WCR represents 181 days of revenue, i.e. 109 k€ to permanently finance. Over 2016-2022, WCR increased by +1952%, requiring additional financing.
109 376 €
10 j
49 j
0 j
181 j
Based on 56 transactions of similar company sales
in 2022,
the value of PICHON ET ASSOCIES is estimated at
80 620 €
(range 38 514€ - 149 391€).
With an EBITDA of 5 292€, the sector multiple of 1.4x is applied.
The price/revenue ratio is 0.20x
(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.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 56 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 PICHON ET ASSOCIES with other companies in the same sector:
Voir toutes les statistiques du secteur Transports routiers de fret interurbains
The revenue of PICHON ET ASSOCIES in 2022 is 217 k€.
Yes, PICHON ET ASSOCIES generated a net profit of 106 k€ in 2022.
The headquarters of PICHON ET ASSOCIES is located in CONCARNEAU (29900), in the department Finistere.
The tax return of PICHON ET ASSOCIES 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).
PICHON ET ASSOCIES operates in the sector Transports routiers de fret interurbains (NAF code 49.41A). See the 'Sector positioning' section above to compare the company with its competitors.