SIREN : 348342064
CARO TP is a French company founded 37 years ago, specialized in the sector Travaux de terrassement courants et travaux préparatoires. Based in QUINT-FONSEGRIVES (31130), this company of category PME shows in 2024 a revenue of 17.7 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 | 17 737 544 € | 15 096 395 € | 13 782 101 € | 12 424 303 € | 9 615 061 € | 11 197 305 € | 11 040 628 € | 9 591 043 € | 6 965 520 € |
| Net income | 439 107 € | 235 331 € | 171 649 € | 148 111 € | 134 497 € | 367 873 € | 371 520 € | 318 970 € | 271 018 € |
| EBITDA | 780 017 € | 544 335 € | 541 090 € | 431 458 € | 322 361 € | 774 497 € | 435 198 € | 564 828 € | 304 633 € |
| Net margin | 2.5% | 1.6% | 1.2% | 1.2% | 1.4% | 3.3% | 3.4% | 3.3% | 3.9% |
In 2024, CARO TP achieves revenue of 17.7 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +12.4%. Vs 2023, growth of +17% (15.1 M€ -> 17.7 M€). After deducting consumption (4.2 M€), gross margin stands at 13.5 M€, i.e. a rate of 76%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 780 k€, representing 4.4% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 439 k€, i.e. 2.5% of revenue. This profit can be retained or distributed to shareholders.
17 737 544 €
13 535 665 €
780 017 €
521 200 €
439 107 €
4.4%
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 33%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.3 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 3.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
22.833%
32.659%
3.102%
1.346
30.2%
In 2024, the debt ratio of CARO TP (22.83) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2024, the financial autonomy of CARO TP (32.7%) 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 CARO TP (1.35) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.
The liquidity ratio (= Current assets / Current liabilities) stands at 198.60. 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 2.5x. Financial charges are adequately covered by operations.
198.602
2.473
In 2024, the liquidity ratio of CARO TP (198.60) 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 CARO TP (2.5x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 86 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 53 days. The gap of 33 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 1 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 42 days of revenue, i.e. 2.1 M€ to permanently finance. Over 2016-2024, WCR increased by +360%, requiring additional financing.
2 050 815 €
86 j
53 j
1 j
42 j
Indicative estimate only : the number of comparable transactions in this sector is limited (22 transactions). This range of 308 678€ to 6 013 838€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 22 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 CARO TP with other companies in the same sector:
Voir toutes les statistiques du secteur Travaux de terrassement courants et travaux préparatoires
The revenue of CARO TP in 2024 is 17.7 M€.
Yes, CARO TP generated a net profit of 439 k€ in 2024.
The headquarters of CARO TP is located in QUINT-FONSEGRIVES (31130), in the department Haute-Garonne.
The tax return of CARO TP 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).
CARO TP operates in the sector Travaux de terrassement courants et travaux préparatoires (NAF code 43.12A). See the 'Sector positioning' section above to compare the company with its competitors.