SIREN : 788213676
CITEC is a French company founded 53 years ago, specialized in the sector Transports routiers de fret interurbains. Based in DOUE-EN-ANJOU (49700), this company of category ETI shows in 2023 a revenue of 9.0 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8 951 412 € | 7 499 281 € | 6 793 109 € | 6 541 361 € | 5 390 657 € | 5 000 027 € | 4 329 215 € | 4 901 729 € |
| Net income | 301 634 € | 643 764 € | 139 739 € | 187 346 € | 125 719 € | 133 937 € | 126 670 € | 127 401 € |
| EBITDA | 436 572 € | 922 584 € | 189 085 € | 534 074 € | 283 592 € | 142 530 € | 116 296 € | 204 110 € |
| Net margin | 3.4% | 8.6% | 2.1% | 2.9% | 2.3% | 2.7% | 2.9% | 2.6% |
In 2023, CITEC achieves revenue of 9.0 M€. Over the period 2016-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +9.0%. Vs 2022, growth of +19% (7.5 M€ -> 9.0 M€). After deducting consumption (1.9 M€), gross margin stands at 7.0 M€, i.e. a rate of 78%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 437 k€, representing 4.9% of revenue. Warning negative scissor effect: despite revenue change (+19%), EBITDA varies by -53%, reducing margin by 7.4 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 302 k€, i.e. 3.4% of revenue. This profit can be retained or distributed to shareholders.
8 951 412 €
7 023 535 €
436 572 €
367 216 €
301 634 €
4.9%
The debt ratio (= Financial debt / Equity x 100) stands at 26%. 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 47%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.5 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 4.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
26.244%
46.985%
4.612%
1.466
32.4%
In 2023, the debt ratio of CITEC (26.24) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2023, the financial autonomy of CITEC (47.0%) 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.
In 2023, the repayment capacity of CITEC (1.47) 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 184.81. 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 0.5x. Danger: operating income does not cover interest charges, unsustainable situation.
184.813
0.491
In 2023, the liquidity ratio of CITEC (184.81) 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 2023, the interest coverage of CITEC (0.5x) 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: 47 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 68 days. Favorable situation: supplier credit is longer than customer credit by 21 days. Overall, WCR represents 48 days of revenue, i.e. 1.2 M€ to permanently finance.
1 193 223 €
47 j
68 j
0 j
48 j
Based on 53 transactions of similar company sales
in 2023,
the value of CITEC is estimated at
1 109 168 €
(range 439 023€ - 3 170 062€).
With an EBITDA of 436 572€, the sector multiple of 2.3x is applied.
The price/revenue ratio is 0.19x
(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 53 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 CITEC with other companies in the same sector:
Voir toutes les statistiques du secteur Transports routiers de fret interurbains
The revenue of CITEC in 2023 is 9.0 M€.
Yes, CITEC generated a net profit of 302 k€ in 2023.
The headquarters of CITEC is located in DOUE-EN-ANJOU (49700), in the department Maine-et-Loire.
The tax return of CITEC 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).
CITEC operates in the sector Transports routiers de fret interurbains (NAF code 49.41A). See the 'Sector positioning' section above to compare the company with its competitors.