SIREN : 305589962
FTTS is a French company founded 126 years ago, specialized in the sector Travaux de menuiserie métallique et serrurerie. Based in SIGNES (83870), this company of category PME shows in 2024 a revenue of 2.7 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 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2 668 881 € | 4 040 085 € | 3 757 142 € | 2 780 120 € | 3 168 406 € | 2 995 946 € | 3 062 185 € | 2 737 374 € | N/C | 4 420 972 € |
| Net income | -257 916 € | 286 197 € | 148 892 € | 218 491 € | 237 681 € | -397 257 € | 89 032 € | 165 929 € | 352 069 € | 548 604 € |
| EBITDA | -226 965 € | 410 411 € | 207 321 € | 266 868 € | 248 167 € | -378 881 € | 78 408 € | 200 542 € | N/C | 664 672 € |
| Net margin | -9.7% | 7.1% | 4.0% | 7.9% | 7.5% | -13.3% | 2.9% | 6.1% | N/C | 12.4% |
In 2024, FTTS achieves revenue of 2.7 M€. Revenue is declining over the period 2015-2024 (CAGR: -5.5%). Significant drop of -34% vs 2023. After deducting consumption (700 k€), gross margin stands at 2.0 M€, i.e. a rate of 74%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -227 k€, representing -8.5% of revenue. Warning negative scissor effect: despite revenue change (-34%), EBITDA varies by -155%, reducing margin by 18.7 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -258 k€ (-9.7% of revenue), which will impact equity.
2 668 881 €
1 968 843 €
-226 965 €
-265 864 €
-257 916 €
-8.5%
The debt ratio (= Financial debt / Equity x 100) stands at 32%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 46%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
31.84%
45.699%
-8.599%
-0.88
31.4%
In 2024, the debt ratio of FTTS (31.84) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2024, the financial autonomy of FTTS (45.7%) 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 2024, the repayment capacity of FTTS (-0.88) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 220.60. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
220.602
-2.194
In 2024, the liquidity ratio of FTTS (220.60) 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 FTTS (-2.2x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 84 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 42 days. The gap of 42 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 27 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 97 days of revenue, i.e. 721 k€ to permanently finance. Notable WCR improvement over the period (-68%), freeing up cash.
720 678 €
84 j
42 j
27 j
97 j
Based on 51 transactions of similar company sales
in 2024,
the value of FTTS is estimated at
381 987 €
(range 199 302€ - 451 288€).
The price/revenue ratio is 0.14x
(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.
Only this financial indicator is available for this company.
This estimate is based on the analysis of 51 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 FTTS with other companies in the same sector:
Voir toutes les statistiques du secteur Travaux de menuiserie métallique et serrurerie
The revenue of FTTS in 2024 is 2.7 M€.
FTTS recorded a net loss in 2024.
The headquarters of FTTS is located in SIGNES (83870), in the department Var.
The tax return of FTTS 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).
FTTS operates in the sector Travaux de menuiserie métallique et serrurerie (NAF code 43.32B). See the 'Sector positioning' section above to compare the company with its competitors.