FRANCE HANDLING : revenue, balance sheet and financial ratios

FRANCE HANDLING is a French company founded 55 years ago, specialized in the sector Affrètement et organisation des transports . Based in TREMBLAY-EN-FRANCE (93290), this company of category ETI shows in 2025 a revenue of 159.4 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 - FRANCE HANDLING (SIREN 712052612)
Indicator 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 159 388 576 € 38 505 963 € 141 885 781 € 134 904 331 € 128 714 759 € 110 575 493 € 128 442 733 € 129 467 532 € 104 902 579 € 102 952 573 €
Net income -2 747 297 € 662 423 € 13 710 786 € 21 857 072 € 19 039 024 € 34 216 223 € 8 126 136 € 19 553 873 € 6 843 345 € 15 678 722 €
EBITDA 5 722 501 € 2 798 028 € 4 990 329 € 6 109 933 € 9 698 617 € -252 467 € 12 578 967 € 16 467 428 € 11 476 242 € 10 910 128 €
Net margin -1.7% 1.7% 9.7% 16.2% 14.8% 30.9% 6.3% 15.1% 6.5% 15.2%

Revenue and income statement

In 2025, FRANCE HANDLING achieves revenue of 159.4 M€. Revenue is growing positively over 10 years (CAGR: +5.0%). Vs 2024, growth of +314% (38.5 M€ -> 159.4 M€). After deducting consumption (2.6 M€), gross margin stands at 156.8 M€, i.e. a rate of 98%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 5.7 M€, representing 3.6% of revenue. Warning negative scissor effect: despite revenue change (+314%), EBITDA varies by +105%, reducing margin by 3.7 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -2.7 M€ (-1.7% of revenue), which will impact equity.

Revenue (2025) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

159 388 576 €

Gross margin (2025) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

156 752 576 €

EBITDA (2025) ?
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

5 722 501 €

EBIT (2025) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

2 107 789 €

Net income (2025) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-2 747 297 €

EBITDA margin (2025) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

3.6%

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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 138%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 30%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 16.0 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 2.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2025) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

138.343%

Financial autonomy (2025) ?
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

30.041%

Cash flow / Revenue (2025) ?
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

2.742%

Repayment capacity (2025) ?
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

16.033

Asset age ratio (2025) ?
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

22.6%

Solvency indicators evolution
FRANCE HANDLING

Sector positioning

Debt ratio
138.34 2025
2023
2024
2025
Q1: 0.22
Med: 10.94
Q3: 52.75
Watch

In 2025, the debt ratio of FRANCE HANDLING (138.34) 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.

Financial autonomy
30.04% 2025
2023
2024
2025
Q1: 20.59%
Med: 34.14%
Q3: 55.27%
Average -16 pts over 3 years

In 2025, the financial autonomy of FRANCE HANDLING (30.0%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
16.03 years 2025
2023
2024
2025
Q1: 0.0 years
Med: 0.24 years
Q3: 1.12 years
Watch

In 2025, the repayment capacity of FRANCE HANDLING (16.03) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 214.93. 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 150.8x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2025) ?
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

214.928

Interest coverage (2025) ?
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

150.832

Liquidity indicators evolution
FRANCE HANDLING

Sector positioning

Liquidity ratio
214.93 2025
2023
2024
2025
Q1: 129.35
Med: 162.71
Q3: 244.64
Good +11 pts over 3 years

In 2025, the liquidity ratio of FRANCE HANDLING (214.93) 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
150.83x 2025
2023
2024
2025
Q1: 0.0x
Med: 0.51x
Q3: 3.81x
Excellent +19 pts over 3 years

In 2025, the interest coverage of FRANCE HANDLING (150.8x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 51 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 81 days. Favorable situation: supplier credit is longer than customer credit by 30 days. Overall, WCR represents 175 days of revenue, i.e. 77.5 M€ to permanently finance. Over 2016-2025, WCR increased by +217%, requiring additional financing.

Operating WCR (2025) ?
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

77 537 761 €

Customer credit (2025) ?
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

51 j

Supplier credit (2025) ?
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

81 j

Inventory turnover (2025) ?
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

0 j

WCR in days of revenue (2025) ?
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

175 j

WCR and payment terms evolution
FRANCE HANDLING

Positioning of FRANCE HANDLING in its sector

Comparison with sector Affrètement et organisation des transports

Valuation estimate

Based on 167 transactions of similar company sales (all years), the value of FRANCE HANDLING is estimated at 9 542 640 € (range 6 789 911€ - 15 579 385€). With an EBITDA of 5 722 501€, the sector multiple of 0.9x is applied. The price/revenue ratio is 0.11x (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.

Estimated enterprise value 2025
167 transactions
6789k€ 9542k€ 15579k€
9 542 640 € Range: 6 789 911€ - 15 579 385€
NAF 5 all-time

Valuation detail by method

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EBITDA Multiple 50%
5 722 501 € × 0.9x
Estimation 5 125 142 €
1 872 484€ - 7 125 751€
Revenue Multiple 30%
159 388 576 € × 0.11x
Estimation 16 905 137 €
14 985 625€ - 29 668 776€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 167 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 (Affrètement et organisation des transports )

Compare FRANCE HANDLING with other companies in the same sector:

Voir toutes les statistiques du secteur Affrètement et organisation des transports

Frequently asked questions about FRANCE HANDLING

What is the revenue of FRANCE HANDLING ?

The revenue of FRANCE HANDLING in 2025 is 159.4 M€.

Is FRANCE HANDLING profitable?

FRANCE HANDLING recorded a net loss in 2025.

Where is the headquarters of FRANCE HANDLING ?

The headquarters of FRANCE HANDLING is located in TREMBLAY-EN-FRANCE (93290), in the department Seine-Saint-Denis.

Where to find the tax return of FRANCE HANDLING ?

The tax return of FRANCE HANDLING 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 FRANCE HANDLING operate?

FRANCE HANDLING operates in the sector Affrètement et organisation des transports (NAF code 52.29B). See the 'Sector positioning' section above to compare the company with its competitors.