SIREN : 521391466
PICTARINE is a French company founded 16 years ago, specialized in the sector Tierce maintenance de systèmes et d’applications informatiques. Based in LABEGE (31670), this company of category PME shows in 2024 a revenue of 11.7 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-04-25
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 11 671 538 € | 6 359 196 € | 4 107 368 € | 3 260 845 € | 2 575 155 € | 2 042 326 € | 1 914 200 € | 1 629 563 € | N/C |
| Net income | 2 944 873 € | 418 722 € | 365 811 € | 341 256 € | 264 221 € | 341 914 € | 302 962 € | 190 259 € | 204 345 € |
| EBITDA | 3 338 132 € | 803 149 € | 475 330 € | 370 021 € | 380 749 € | 365 046 € | 330 928 € | 177 044 € | N/C |
| Net margin | 25.2% | 6.6% | 8.9% | 10.5% | 10.3% | 16.7% | 15.8% | 11.7% | N/C |
In 2024, PICTARINE achieves revenue of 11.7 M€. Over the period 2017-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +32.5%. Vs 2023, growth of +84% (6.4 M€ -> 11.7 M€). After deducting consumption (3 k€), gross margin stands at 11.7 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 3.3 M€, representing 28.6% of revenue. Positive scissor effect: EBITDA margin improves by +16.0 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 2.9 M€, i.e. 25.2% of revenue. This profit can be retained or distributed to shareholders.
11 671 538 €
11 668 422 €
3 338 132 €
3 257 728 €
2 944 873 €
28.6%
The debt ratio (= Financial debt / Equity x 100) stands at 52%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 54%. 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 1.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 23.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
52.244%
53.962%
23.027%
1.046
72.0%
In 2024, the debt ratio of PICTARINE (52.24) 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 PICTARINE (54.0%) 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 2024, the repayment capacity of PICTARINE (1.05) 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 511.62. 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 2.3x. Financial charges are adequately covered by operations.
511.616
2.345
In 2024, the liquidity ratio of PICTARINE (511.62) 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 2024, the interest coverage of PICTARINE (2.4x) 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: 60 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 26 days. The gap of 34 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 31 days of revenue, i.e. 1.0 M€ to permanently finance.
1 017 408 €
60 j
26 j
0 j
31 j
Based on 215 transactions of similar company sales (all years), the value of PICTARINE is estimated at 3 061 010 € (range 1 292 630€ - 10 781 136€). With an EBITDA of 3 338 132€, 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 PICTARINE with other companies in the same sector:
The revenue of PICTARINE in 2024 is 11.7 M€.
Yes, PICTARINE generated a net profit of 2.9 M€ in 2024.
The headquarters of PICTARINE is located in LABEGE (31670), in the department Haute-Garonne.
The tax return of PICTARINE 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).
PICTARINE operates in the sector Tierce maintenance de systèmes et d’applications informatiques (NAF code 62.02B). See the 'Sector positioning' section above to compare the company with its competitors.