SIREN : 431599828
TECHPAN is a French company founded 26 years ago, specialized in the sector Fabrication de portes et fenêtres en métal. Based in VERQUIGNEUL (62113), this company of category ETI shows in 2024 a revenue of 28.6 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 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 28 626 602 € | 29 047 813 € | 28 747 563 € | 23 614 927 € | 16 749 355 € | 17 731 340 € | 17 024 503 € | 15 561 342 € | 14 395 900 € |
| Net income | 1 281 549 € | 825 220 € | 1 289 269 € | 1 045 051 € | 75 433 € | 226 144 € | 205 123 € | 305 117 € | 95 010 € |
| EBITDA | 3 403 539 € | 2 890 278 € | 3 802 179 € | 3 090 044 € | 1 251 118 € | 1 265 349 € | 1 117 583 € | 1 211 164 € | 912 157 € |
| Net margin | 4.5% | 2.8% | 4.5% | 4.4% | 0.5% | 1.3% | 1.2% | 2.0% | 0.7% |
In 2024, TECHPAN achieves revenue of 28.6 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +9.0%. Slight decline of -1% vs 2023. After deducting consumption (12.1 M€), gross margin stands at 16.6 M€, i.e. a rate of 58%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 3.4 M€, representing 11.9% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.3 M€, i.e. 4.5% of revenue. This profit can be retained or distributed to shareholders.
28 626 602 €
16 564 479 €
3 403 539 €
2 058 969 €
1 281 549 €
11.9%
The debt ratio (= Financial debt / Equity x 100) stands at 136%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 32%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 3.8 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 8.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
135.873%
32.387%
7.968%
3.819
37.2%
In 2024, the debt ratio of TECHPAN (135.87) 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 2024, the financial autonomy of TECHPAN (32.4%) 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 TECHPAN (3.82) 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 271.59. 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 11.9x. Operating income very largely covers interest expenses: high safety margin.
271.59
11.885
In 2024, the liquidity ratio of TECHPAN (271.59) 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 2024, the interest coverage of TECHPAN (11.9x) 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: 4 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 56 days. Excellent situation: suppliers finance 52 days of the operating cycle (retail model). Inventory turnover is 33 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 98 days of revenue, i.e. 7.8 M€ to permanently finance. Over 2016-2024, WCR increased by +306%, requiring additional financing.
7 782 428 €
4 j
56 j
33 j
98 j
Based on 75 transactions of similar company sales
(all years),
the value of TECHPAN is estimated at
4 144 195 €
(range 2 118 622€ - 7 983 736€).
With an EBITDA of 3 403 539€, the sector multiple of 1.2x 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.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 75 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 TECHPAN with other companies in the same sector:
Voir toutes les statistiques du secteur Fabrication de portes et fenêtres en métal
The revenue of TECHPAN in 2024 is 28.6 M€.
Yes, TECHPAN generated a net profit of 1.3 M€ in 2024.
The headquarters of TECHPAN is located in VERQUIGNEUL (62113), in the department Pas-de-Calais.
The tax return of TECHPAN 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).
TECHPAN operates in the sector Fabrication de portes et fenêtres en métal (NAF code 25.12Z). See the 'Sector positioning' section above to compare the company with its competitors.