DUCOURNAU TRANSPORTS : revenue, balance sheet and financial ratios

DUCOURNAU TRANSPORTS is a French company founded 23 years ago, specialized in the sector Transports routiers de fret interurbains. Based in FLASSANS-SUR-ISSOLE (83340), this company of category ETI shows in 2024 a revenue of 43.1 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

Financial history - DUCOURNAU TRANSPORTS (SIREN 443822887)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 43 105 593 € 42 911 992 € 44 750 192 € 40 453 409 € 39 026 094 € 39 042 633 € 39 295 784 € 37 706 151 € 37 059 050 €
Net income -604 885 € 91 524 € 1 132 999 € 444 151 € 450 364 € 564 905 € 31 894 € -272 513 € -809 862 €
EBITDA -136 658 € 1 324 365 € 1 908 062 € 1 421 636 € 1 764 094 € 517 304 € 798 528 € 1 056 998 € 1 216 910 €
Net margin -1.4% 0.2% 2.5% 1.1% 1.2% 1.4% 0.1% -0.7% -2.2%

Revenue and income statement

In 2024, DUCOURNAU TRANSPORTS achieves revenue of 43.1 M€. Revenue is growing positively over 9 years (CAGR: +1.9%). Vs 2023: +0%. After deducting consumption (11.9 M€), gross margin stands at 31.2 M€, i.e. a rate of 72%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -137 k€, representing -0.3% of revenue. Warning negative scissor effect: despite revenue change (+0%), EBITDA varies by -110%, reducing margin by 3.4 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -605 k€ (-1.4% of revenue), which will impact equity.

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

43 105 593 €

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

31 163 336 €

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

-136 658 €

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

-1 777 258 €

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

-604 885 €

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

-0.3%

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 78%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 37%. The balance between equity and debt is satisfactory.

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

77.862%

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

36.832%

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

-0.225%

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

-53.853

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

23.8%

Solvency indicators evolution
DUCOURNAU TRANSPORTS

Sector positioning

Debt ratio
77.86 2024
2022
2023
2024
Q1: 3.42
Med: 30.72
Q3: 89.85
Average -5 pts over 3 years

In 2024, the debt ratio of DUCOURNAU TRANSPORTS (77.86) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
36.83% 2024
2022
2023
2024
Q1: 17.96%
Med: 34.26%
Q3: 52.09%
Good +9 pts over 3 years

In 2024, the financial autonomy of DUCOURNAU TRANSPORTS (36.8%) 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
-53.85 years 2024
2022
2023
2024
Q1: -0.01 years
Med: 0.02 years
Q3: 1.91 years
Excellent -51 pts over 3 years

In 2024, the repayment capacity of DUCOURNAU TRANSPORTS (-53.85) 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 176.35. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

176.35

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

-44.573

Liquidity indicators evolution
DUCOURNAU TRANSPORTS

Sector positioning

Liquidity ratio
176.35 2024
2022
2023
2024
Q1: 122.42
Med: 168.88
Q3: 241.43
Good +17 pts over 3 years

In 2024, the liquidity ratio of DUCOURNAU TRANSPORTS (176.35) 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
-44.57x 2024
2022
2023
2024
Q1: -0.19x
Med: 0.0x
Q3: 4.8x
Watch -43 pts over 3 years

In 2024, the interest coverage of DUCOURNAU TRANSPORTS (-44.6x) 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: 46 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 37 days. The company must finance 9 days of gap between collections and payments. Inventory turnover is 8 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 69 days of revenue, i.e. 8.2 M€ to permanently finance. Over 2016-2024, WCR increased by +31%, requiring additional financing.

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

8 212 478 €

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

46 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

37 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

8 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

69 j

WCR and payment terms evolution
DUCOURNAU TRANSPORTS

Positioning of DUCOURNAU TRANSPORTS in its sector

Comparison with sector Transports routiers de fret interurbains

Valuation estimate

Based on 71 transactions of similar company sales in 2024, the value of DUCOURNAU TRANSPORTS is estimated at 9 771 350 € (range 4 564 436€ - 15 934 257€). The price/revenue ratio is 0.23x (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.

Estimated enterprise value 2024
71 tx
4564k€ 9771k€ 15934k€
9 771 350 € Range: 4 564 436€ - 15 934 257€
NAF 5 année 2024

Valuation method used

Revenue Multiple
43 105 593 € × 0.23x = 9 771 351 €
Range: 4 564 437€ - 15 934 257€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 71 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 (Transports routiers de fret interurbains)

Compare DUCOURNAU TRANSPORTS with other companies in the same sector:

Voir toutes les statistiques du secteur Transports routiers de fret interurbains

Frequently asked questions about DUCOURNAU TRANSPORTS

What is the revenue of DUCOURNAU TRANSPORTS ?

The revenue of DUCOURNAU TRANSPORTS in 2024 is 43.1 M€.

Is DUCOURNAU TRANSPORTS profitable?

DUCOURNAU TRANSPORTS recorded a net loss in 2024.

Where is the headquarters of DUCOURNAU TRANSPORTS ?

The headquarters of DUCOURNAU TRANSPORTS is located in FLASSANS-SUR-ISSOLE (83340), in the department Var.

Where to find the tax return of DUCOURNAU TRANSPORTS ?

The tax return of DUCOURNAU TRANSPORTS 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 DUCOURNAU TRANSPORTS operate?

DUCOURNAU TRANSPORTS 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.