FREIGHT SYSTEMS EUROPE : revenue, balance sheet and financial ratios

FREIGHT SYSTEMS EUROPE is a French company founded 19 years ago, specialized in the sector Affrètement et organisation des transports . Based in LESQUIN (59810), this company of category PME shows in 2019 a revenue of 1.7 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

Financial history - FREIGHT SYSTEMS EUROPE (SIREN 494105703)
Indicator 2020 2019 2018 2017 2016
Revenue N/C 1 722 706 € 1 485 866 € 1 436 730 € N/C
Net income -45 299 € 46 593 € 53 999 € -59 735 € -86 905 €
EBITDA N/C 5 068 € -35 831 € -59 267 € N/C
Net margin N/C 2.7% 3.6% -4.2% N/C

Revenue and income statement

In 2020, FREIGHT SYSTEMS EUROPE records a net loss of 45 k€. This deficit will reduce equity on the balance sheet.

Net income (2020) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-45 299 €

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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 526%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 10%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2020) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

525.807%

Financial autonomy (2020) ?
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

9.547%

Asset age ratio (2020) ?
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

4.9%

Solvency indicators evolution
FREIGHT SYSTEMS EUROPE

Sector positioning

Debt ratio
525.81 2020
2018
2019
2020
Q1: 0.0
Med: 6.95
Q3: 68.93
Watch

In 2020, the debt ratio of FREIGHT SYSTEMS EUROPE (525.81) 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
9.55% 2020
2018
2019
2020
Q1: 12.22%
Med: 26.48%
Q3: 44.97%
Average

In 2020, the financial autonomy of FREIGHT SYSTEMS EUROPE (9.6%) 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
7.15 years 2019
2018
2019
Q1: 0.0 years
Med: 0.0 years
Q3: 0.85 years
Average

In 2019, the repayment capacity of FREIGHT SYSTEMS EUROPE (7.15) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 113.99. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2020) ?
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

113.994

Liquidity indicators evolution
FREIGHT SYSTEMS EUROPE

Sector positioning

Liquidity ratio
113.99 2020
2018
2019
2020
Q1: 119.14
Med: 152.95
Q3: 216.63
Watch

In 2020, the liquidity ratio of FREIGHT SYSTEMS EUROPE (113.99) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
-0.22x 2019
2018
2019
Q1: 0.0x
Med: 0.05x
Q3: 2.56x
Average

In 2019, the interest coverage of FREIGHT SYSTEMS EUROPE (-0.2x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.

Operating WCR (2020) ?
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

0 €

Customer credit (2020) ?
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

0 j

Supplier credit (2020) ?
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

0 j

Inventory turnover (2020) ?
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 and payment terms evolution
FREIGHT SYSTEMS EUROPE

Positioning of FREIGHT SYSTEMS EUROPE in its sector

Comparison with sector Affrètement et organisation des transports

Similar companies (Affrètement et organisation des transports )

Compare FREIGHT SYSTEMS EUROPE with other companies in the same sector:

Voir toutes les statistiques du secteur Affrètement et organisation des transports

Frequently asked questions about FREIGHT SYSTEMS EUROPE

What is the revenue of FREIGHT SYSTEMS EUROPE ?

The revenue of FREIGHT SYSTEMS EUROPE in 2019 is 1.7 M€.

Is FREIGHT SYSTEMS EUROPE profitable?

FREIGHT SYSTEMS EUROPE recorded a net loss in 2020.

Where is the headquarters of FREIGHT SYSTEMS EUROPE ?

The headquarters of FREIGHT SYSTEMS EUROPE is located in LESQUIN (59810), in the department Nord.

Where to find the tax return of FREIGHT SYSTEMS EUROPE ?

The tax return of FREIGHT SYSTEMS EUROPE 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 FREIGHT SYSTEMS EUROPE operate?

FREIGHT SYSTEMS EUROPE 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.