Employees: 02 (2023.0)Legal category: Société à responsabilité limitée (sans autre indication)Size: PMECreation date: 2009-04-01 (17 years)Status: ActiveBusiness sector: Activité des géomètresLocation: LENS (62300), Pas-de-Calais
2CT GEOMETRE EXPERT : revenue, balance sheet and financial ratios
2CT GEOMETRE EXPERT is a French company
founded 17 years ago,
specialized in the sector Activité des géomètres.
Based in LENS (62300),
this company of category PME
shows in 2023 a revenue of 293 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - 2CT GEOMETRE EXPERT (SIREN 511396269)
Indicator
2023
2022
2021
2020
2019
2018
2017
Revenue
293 253 €
374 784 €
367 852 €
405 985 €
386 256 €
406 958 €
430 025 €
Net income
1 927 €
3 822 €
524 €
6 425 €
18 647 €
52 423 €
59 147 €
EBITDA
-51 334 €
-669 €
-14 716 €
-4 779 €
-7 828 €
64 674 €
64 021 €
Net margin
0.7%
1.0%
0.1%
1.6%
4.8%
12.9%
13.8%
Revenue and income statement
In 2023, 2CT GEOMETRE EXPERT achieves revenue of 293 k€. Revenue is declining over the period 2017-2023 (CAGR: -6.2%). Significant drop of -22% vs 2022. After deducting consumption (3 k€), gross margin stands at 291 k€, i.e. a rate of 99%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -51 k€, representing -17.5% of revenue. Warning negative scissor effect: despite revenue change (-22%), EBITDA varies by -7573%, reducing margin by 17.3 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 2 k€, i.e. 0.7% of revenue. This profit can be retained or distributed to shareholders.
Revenue (2023)
?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production
293 253 €
Gross margin (2023)
?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
290 729 €
EBITDA (2023)
?
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
-51 334 €
EBIT (2023)
?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
-28 072 €
Net income (2023)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
1 927 €
EBITDA margin (2023)
?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability 5-10% : Average < 5% : Low
-17.5%
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 23%. 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 63%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
Debt ratio (2023)
?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
23.279%
Financial autonomy (2023)
?
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
62.928%
Cash flow / Revenue (2023)
?
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
-6.453%
Repayment capacity (2023)
?
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
-3.639
Asset age ratio (2023)
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Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2017
2018
2019
2020
2021
2022
2023
Debt ratio
44.748
43.129
40.238
31.396
21.844
33.912
23.279
Financial autonomy
47.901
53.899
52.062
59.472
67.067
59.8
62.928
Repayment capacity
1.604
1.758
4.331
-368.069
-12.107
2.841
-3.639
Cash flow / Revenue
13.754%
15.943%
6.811%
-0.061%
-1.423%
9.362%
-6.453%
Sector positioning
Debt ratio
23.282023
2021
2022
2023
Q1: 9.73
Med: 29.57
Q3: 66.54
Good+8 pts over 3 years
In 2023, the debt ratio of 2CT GEOMETRE EXPERT (23.28) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
Financial autonomy
62.93%2023
2021
2022
2023
Q1: 36.34%
Med: 51.06%
Q3: 65.39%
Good-6 pts over 3 years
In 2023, the financial autonomy of 2CT GEOMETRE EXPERT (62.9%) 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.
Repayment capacity
-3.64 years2023
2021
2022
2023
Q1: 0.02 years
Med: 1.35 years
Q3: 3.17 years
Excellent
In 2023, the repayment capacity of 2CT GEOMETRE EXPERT (-3.64) 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.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 250.09. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2023)
?
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
250.09
Interest coverage (2023)
?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2017
2018
2019
2020
2021
2022
2023
Liquidity ratio
166.151
242.621
219.153
264.541
288.106
282.93
250.09
Interest coverage
2.435
2.123
-16.671
-31.513
-9.14
-176.383
-1.303
Sector positioning
Liquidity ratio
250.092023
2021
2022
2023
Q1: 163.64
Med: 238.28
Q3: 351.04
Good-10 pts over 3 years
In 2023, the liquidity ratio of 2CT GEOMETRE EXPERT (250.09) 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.
Interest coverage
-1.3x2023
2021
2022
2023
Q1: 0.0x
Med: 1.44x
Q3: 5.06x
Watch
In 2023, the interest coverage of 2CT GEOMETRE EXPERT (-1.3x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.
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: 113 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 91 days. The company must finance 22 days of gap between collections and payments. Inventory turnover is 111 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 205 days of revenue, i.e. 167 k€ to permanently finance. Over 2017-2023, WCR increased by +56%, requiring additional financing.
Operating WCR (2023)
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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
166 659 €
Customer credit (2023)
?
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
113 j
Supplier credit (2023)
?
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
91 j
Inventory turnover (2023)
?
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
111 j
WCR in days of revenue (2023)
?
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
205 j
WCR and payment terms evolution 2CT GEOMETRE EXPERT
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2017
2018
2019
2020
2021
2022
2023
Operating WCR
106 491 €
197 615 €
255 682 €
141 319 €
122 259 €
171 737 €
166 659 €
Inventory turnover (days)
47
72
80
62
64
80
111
Customer payment term (days)
60
94
146
100
78
89
113
Supplier payment term (days)
194
122
192
62
52
74
91
Positioning of 2CT GEOMETRE EXPERT in its sector
Comparison with sector Activité des géomètres
Valuation estimate
Indicative estimate only : the number of comparable transactions in this sector is limited (47 transactions).
This range of 32 683€ to 94 716€ is provided for information purposes only and requires in-depth analysis to be confirmed.
Estimated enterprise value2023
Indicative
32k€56k€94k€
56 296 €Range: 32 683€ - 94 716€
NAF 5 année 2023
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 47 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 (Activité des géomètres)
Compare 2CT GEOMETRE EXPERT with other companies in the same sector:
Frequently asked questions about 2CT GEOMETRE EXPERT
What is the revenue of 2CT GEOMETRE EXPERT ?
The revenue of 2CT GEOMETRE EXPERT in 2023 is 293 k€.
Is 2CT GEOMETRE EXPERT profitable?
Yes, 2CT GEOMETRE EXPERT generated a net profit of 2 k€ in 2023.
Where is the headquarters of 2CT GEOMETRE EXPERT ?
The headquarters of 2CT GEOMETRE EXPERT is located in LENS (62300), in the department Pas-de-Calais.
Where to find the tax return of 2CT GEOMETRE EXPERT ?
The tax return of 2CT GEOMETRE EXPERT 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 2CT GEOMETRE EXPERT operate?
2CT GEOMETRE EXPERT operates in the sector Activité des géomètres (NAF code 71.12A). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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