TECH DEVOTION : revenue, balance sheet and financial ratios

TECH DEVOTION is a French company founded 9 years ago, specialized in the sector Réparation d'ordinateurs et d'équipements périphériques. Based in VITRY-SUR-SEINE (94400), this company of category PME shows in 2024 a revenue of 95 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-06-20

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Synthèse

Santé financière : Saine

Aucun signal de fragilité majeur : rentabilité positive et structure financière équilibrée.

In summary, TECH DEVOTION combines a growing business with positive profitability. Its financial structure is fragile, with debt above sector norms — a point to monitor.

Financial history - TECH DEVOTION (SIREN 833226145)
Indicator 2024 2023 2022 2021
Revenue 94 980 € 83 367 € 81 900 € 67 270 €
Net income 35 856 € 27 301 € 67 474 € 40 150 €
EBITDA 41 128 € 28 795 € 65 254 € 40 455 €
Net margin 37.8% 32.7% 82.4% 59.7%

Revenue and income statement

In 2024, TECH DEVOTION achieves revenue of 95 k€. Over the period 2021-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +12.2%. Vs 2023, growth of +14% (83 k€ -> 95 k€). EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 41 k€, representing 43.3% of revenue. Positive scissor effect: EBITDA margin improves by +8.8 pts, sign of improved operational efficiency. Compared with its sector, this ratio places the company among the best positioned (sector median: 3.7%). Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 36 k€, i.e. 37.8% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

94 980 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

95 000 €

EBITDA (2024) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

41 128 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

35 856 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

35 856 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

43.3%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 126%. This ratio is less favorable than the sector median (6.7%) and warrants attention. Financial autonomy (= Equity / Total assets x 100) reaches 44%. This ratio is more favorable than the sector median (32.3%). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 43.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Compared with its sector, this ratio places the company among the best positioned (sector median: 3.2%).

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

126.25%

Financial autonomy (2024) ?
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

43.61%

Cash flow / Revenue (2024) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

43.09%

Repayment capacity (2024) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

1.15

Asset age ratio (2024) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

81.2%

Solvency indicators evolution
TECH DEVOTION

Sector positioning

Debt ratio
126.25% 2024
Q1: 0.04%
Med: 6.73%
Q3: 33.44%
Watch +52 pts over 3 years

In 2024, the debt ratio of TECH DEVOTION (126.2%) 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.

Financial autonomy
43.61% 2024
Q1: 7.98%
Med: 32.26%
Q3: 56.38%
Good -28 pts over 3 years

In 2024, the financial autonomy of TECH DEVOTION (43.6%) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 39.06. Compared with its sector, this ratio places the company among the best positioned (sector median: 1.9).

Liquidity ratio (2024) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

39.06

Interest coverage (2024) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

0.0

Liquidity indicators evolution
TECH DEVOTION

Sector positioning

Liquidity ratio
39.06 2024
Q1: 1.28
Med: 1.95
Q3: 3.91
Excellent

In 2024, the liquidity ratio of TECH DEVOTION (39.06) 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.

Working capital requirement (WCR) and payment terms

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: 3 days. The gap of 57 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 78 days of revenue, i.e. 20 k€ to permanently finance. Between 2021 and 2024, WCR improved by 52 days of revenue, freeing up cash.

Operating WCR (2024) ?
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

20 473 €

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

60 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

3 j

Inventory turnover (2024) ?
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 in days of revenue (2024) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

78 j

WCR and payment terms evolution
TECH DEVOTION

Positioning of TECH DEVOTION in its sector

Comparison with sector Réparation d'ordinateurs et d'équipements périphériques

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (42 transactions). This range of 21 370€ to 103 079€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
21k€ 41k€ 103k€
41 637 € Range: 21 370€ - 103 079€
NAF 5 all-time
How is this estimate calculated?

This estimate is based on the analysis of 42 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 (Réparation d'ordinateurs et d'équipements périphériques)

Compare TECH DEVOTION with other companies in the same sector:

Voir toutes les statistiques du secteur Réparation d'ordinateurs et d'équipements périphériques

Top companies in Réparation d'ordinateurs et d'équipements périphériques

Largest companies by revenue in the sector Réparation d'ordinateurs et d'équipements périphériques:

Top companies in Val-de-Marne

Largest companies by revenue in the department Val-de-Marne:

Voir le classement complet du département Val-de-Marne

Frequently asked questions about TECH DEVOTION

What is the revenue of TECH DEVOTION ?

The revenue of TECH DEVOTION in 2024 is 95 k€.

Is TECH DEVOTION profitable?

Yes, TECH DEVOTION generated a net profit of 36 k€ in 2024.

Where is the headquarters of TECH DEVOTION ?

The headquarters of TECH DEVOTION is located in VITRY-SUR-SEINE (94400), in the department Val-de-Marne.

Where to find the tax return of TECH DEVOTION ?

The tax return of TECH DEVOTION 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 TECH DEVOTION operate?

TECH DEVOTION operates in the sector Réparation d'ordinateurs et d'équipements périphériques (NAF code 95.11Z). See the 'Sector positioning' section above to compare the company with its competitors.