SIREN : 798753547
PICTURE TWO is a French company founded 12 years ago, specialized in the sector Production de films pour le cinéma. Based in TOULOUSE (31000), this company of category PME shows in 2024 a revenue of 1.1 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 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1 101 324 € | 1 793 750 € | 1 337 045 € | 1 299 654 € | 1 928 369 € | 1 162 665 € | 2 001 890 € | 2 010 000 € |
| Net income | 17 939 € | 415 120 € | 418 312 € | 283 872 € | 579 677 € | 337 564 € | 696 277 € | 946 301 € |
| EBITDA | 241 724 € | 862 884 € | 814 459 € | 584 513 € | 1 108 499 € | 636 005 € | 1 251 615 € | 1 437 899 € |
| Net margin | 1.6% | 23.1% | 31.3% | 21.8% | 30.1% | 29.0% | 34.8% | 47.1% |
In 2024, PICTURE TWO achieves revenue of 1.1 M€. Revenue is declining over the period 2016-2024 (CAGR: -7.2%). Significant drop of -39% vs 2023. After deducting consumption (620 k€), gross margin stands at 482 k€, i.e. a rate of 44%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 242 k€, representing 21.9% of revenue. Warning negative scissor effect: despite revenue change (-39%), EBITDA varies by -72%, reducing margin by 26.2 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 18 k€, i.e. 1.6% of revenue. This profit can be retained or distributed to shareholders.
1 101 324 €
481 598 €
241 724 €
-8 026 €
17 939 €
21.9%
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 15%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Cash flow represents 1.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
0.0%
15.356%
1.629%
0.0
In 2024, the debt ratio of PICTURE TWO (0.00) 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 2024, the financial autonomy of PICTURE TWO (15.4%) 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 PICTURE TWO (0.00) 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 118.14. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
118.142
0.0
In 2024, the liquidity ratio of PICTURE TWO (118.14) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.
In 2024, the interest coverage of PICTURE TWO (0.0x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 452 days. Excellent situation: suppliers finance 452 days of the operating cycle (retail model). Overall, WCR represents 80 days of revenue, i.e. 246 k€ to permanently finance.
246 212 €
0 j
452 j
0 j
80 j
Indicative estimate only : the number of comparable transactions in this sector is limited (28 transactions). This range of 67 910€ to 685 480€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 28 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 PICTURE TWO with other companies in the same sector:
Voir toutes les statistiques du secteur Production de films pour le cinéma
The revenue of PICTURE TWO in 2024 is 1.1 M€.
Yes, PICTURE TWO generated a net profit of 18 k€ in 2024.
The headquarters of PICTURE TWO is located in TOULOUSE (31000), in the department Haute-Garonne.
The tax return of PICTURE TWO 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).
PICTURE TWO operates in the sector Production de films pour le cinéma (NAF code 59.11C). See the 'Sector positioning' section above to compare the company with its competitors.