INDUSTRIE TUBE SERVICES : revenue, balance sheet and financial ratios

INDUSTRIE TUBE SERVICES is a French company founded 25 years ago, specialized in the sector Fabrication d'autres articles métalliques. Based in LA CHAPELLE-SAINT-LAURENT (79430), this company of category PME shows in 2024 a revenue of 8.8 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 - INDUSTRIE TUBE SERVICES (SIREN 434792594)
Indicator 2024 2023 2022 2021 2019 2018 2017
Revenue 8 775 312 € 10 248 962 € 9 529 150 € 7 620 390 € 4 471 298 € 4 436 706 € 3 686 750 €
Net income 377 077 € 565 588 € 476 887 € 520 498 € 108 828 € 131 462 € 101 851 €
EBITDA 742 847 € 987 250 € 633 017 € 629 030 € 164 283 € 171 274 € 10 881 €
Net margin 4.3% 5.5% 5.0% 6.8% 2.4% 3.0% 2.8%

Revenue and income statement

In 2024, INDUSTRIE TUBE SERVICES achieves revenue of 8.8 M€. Over the period 2017-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +13.2%. Significant drop of -14% vs 2023. After deducting consumption (4.5 M€), gross margin stands at 4.3 M€, i.e. a rate of 49%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 743 k€, representing 8.5% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 377 k€, i.e. 4.3% of revenue. This profit can be retained or distributed to shareholders.

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

8 775 312 €

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

4 271 973 €

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

742 847 €

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

582 429 €

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

377 077 €

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

8.5%

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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 71%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 34%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.3 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 5.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

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

71.383%

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

33.524%

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

5.604%

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

1.339

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

15.3%

Solvency indicators evolution
INDUSTRIE TUBE SERVICES

Sector positioning

Debt ratio
71.38 2024
2022
2023
2024
Q1: 3.1
Med: 19.52
Q3: 52.68
Watch

In 2024, the debt ratio of INDUSTRIE TUBE SERVICES (71.38) 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
33.52% 2024
2022
2023
2024
Q1: 33.97%
Med: 53.79%
Q3: 68.02%
Average -6 pts over 3 years

In 2024, the financial autonomy of INDUSTRIE TUBE SERVICES (33.5%) 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
1.34 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.7 years
Q3: 1.89 years
Average

In 2024, the repayment capacity of INDUSTRIE TUBE SERVICES (1.34) 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 121.36. 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 16.2x. Operating income very largely covers interest expenses: high safety margin.

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

121.363

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

16.234

Liquidity indicators evolution
INDUSTRIE TUBE SERVICES

Sector positioning

Liquidity ratio
121.36 2024
2022
2023
2024
Q1: 179.93
Med: 255.45
Q3: 415.11
Watch

In 2024, the liquidity ratio of INDUSTRIE TUBE SERVICES (121.36) 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
16.23x 2024
2022
2023
2024
Q1: 0.0x
Med: 1.55x
Q3: 5.62x
Excellent

In 2024, the interest coverage of INDUSTRIE TUBE SERVICES (16.2x) 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: 72 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 72 days. Inventory turnover is 50 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 95 days of revenue, i.e. 2.3 M€ to permanently finance. Over 2017-2024, WCR increased by +130%, 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

2 324 492 €

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

72 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

72 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

50 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

95 j

WCR and payment terms evolution
INDUSTRIE TUBE SERVICES

Positioning of INDUSTRIE TUBE SERVICES in its sector

Comparison with sector Fabrication d'autres articles métalliques

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (26 transactions). This range of 505 301€ to 2 834 050€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
505k€ 848k€ 2834k€
848 439 € Range: 505 301€ - 2 834 050€
NAF 5 all-time
How is this estimate calculated?

This estimate is based on the analysis of 26 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 (Fabrication d'autres articles métalliques)

Compare INDUSTRIE TUBE SERVICES with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication d'autres articles métalliques

Frequently asked questions about INDUSTRIE TUBE SERVICES

What is the revenue of INDUSTRIE TUBE SERVICES ?

The revenue of INDUSTRIE TUBE SERVICES in 2024 is 8.8 M€.

Is INDUSTRIE TUBE SERVICES profitable?

Yes, INDUSTRIE TUBE SERVICES generated a net profit of 377 k€ in 2024.

Where is the headquarters of INDUSTRIE TUBE SERVICES ?

The headquarters of INDUSTRIE TUBE SERVICES is located in LA CHAPELLE-SAINT-LAURENT (79430), in the department Deux-Sevres.

Where to find the tax return of INDUSTRIE TUBE SERVICES ?

The tax return of INDUSTRIE TUBE SERVICES 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 INDUSTRIE TUBE SERVICES operate?

INDUSTRIE TUBE SERVICES operates in the sector Fabrication d'autres articles métalliques (NAF code 25.99B). See the 'Sector positioning' section above to compare the company with its competitors.