LES TRANSPORTS BLONDEL : revenue, balance sheet and financial ratios

LES TRANSPORTS BLONDEL is a French company founded 39 years ago, specialized in the sector Transports routiers de fret interurbains. Based in MORCOURT (02100), this company of category ETI shows in 2025 a revenue of 118.7 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 - LES TRANSPORTS BLONDEL (SIREN 339816563)
Indicator 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 118 711 103 € 56 115 386 € 45 981 163 € 50 889 759 € 43 034 257 € 39 810 292 € 38 392 833 € 34 593 013 € 29 807 174 € 29 073 369 €
Net income -642 954 € 1 330 878 € 732 328 € 1 109 638 € 879 388 € 319 749 € 117 578 € 69 779 € 789 164 € 709 508 €
EBITDA 4 711 567 € 4 020 105 € 2 220 370 € -819 813 € 402 212 € -750 748 € -2 829 107 € -2 975 088 € -907 807 € 341 881 €
Net margin -0.5% 2.4% 1.6% 2.2% 2.0% 0.8% 0.3% 0.2% 2.6% 2.4%

Revenue and income statement

In 2025, LES TRANSPORTS BLONDEL achieves revenue of 118.7 M€. Over the period 2016-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +16.9%. Vs 2024, growth of +112% (56.1 M€ -> 118.7 M€). After deducting consumption (13.9 M€), gross margin stands at 104.8 M€, i.e. a rate of 88%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 4.7 M€, representing 4.0% of revenue. Warning negative scissor effect: despite revenue change (+112%), EBITDA varies by +17%, reducing margin by 3.2 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -643 k€ (-0.5% 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

118 711 103 €

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

104 772 909 €

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

4 711 567 €

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

587 €

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

-642 954 €

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

4.0%

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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 169%. 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 23%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 7.9 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 3.0% 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

168.813%

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

23.041%

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

2.987%

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

7.887

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

40.6%

Solvency indicators evolution
LES TRANSPORTS BLONDEL

Sector positioning

Debt ratio
168.81 2025
2023
2024
2025
Q1: 10.1
Med: 40.12
Q3: 90.28
Average

In 2025, the debt ratio of LES TRANSPORTS BLONDEL (168.81) 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
23.04% 2025
2023
2024
2025
Q1: 24.65%
Med: 39.5%
Q3: 54.09%
Watch

In 2025, the financial autonomy of LES TRANSPORTS BLONDEL (23.0%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.

Repayment capacity
7.89 years 2025
2023
2024
2025
Q1: 0.0 years
Med: 0.97 years
Q3: 2.68 years
Watch

In 2025, the repayment capacity of LES TRANSPORTS BLONDEL (7.89) 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 126.24. 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 23.6x. 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

126.243

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

23.65

Liquidity indicators evolution
LES TRANSPORTS BLONDEL

Sector positioning

Liquidity ratio
126.24 2025
2023
2024
2025
Q1: 134.08
Med: 185.34
Q3: 264.73
Watch -7 pts over 3 years

In 2025, the liquidity ratio of LES TRANSPORTS BLONDEL (126.24) 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
23.65x 2025
2023
2024
2025
Q1: 0.0x
Med: 2.16x
Q3: 7.85x
Excellent

In 2025, the interest coverage of LES TRANSPORTS BLONDEL (23.6x) 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: 62 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 53 days. The company must finance 9 days of gap between collections and payments. Inventory turnover is 2 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 50 days of revenue, i.e. 16.4 M€ to permanently finance. Over 2016-2025, WCR increased by +210%, 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

16 447 423 €

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

62 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

53 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

2 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

50 j

WCR and payment terms evolution
LES TRANSPORTS BLONDEL

Positioning of LES TRANSPORTS BLONDEL in its sector

Comparison with sector Transports routiers de fret interurbains

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (41 transactions). This range of 7 689 847€ to 33 932 890€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2025
Indicative
7689k€ 19418k€ 33932k€
19 418 895 € Range: 7 689 847€ - 33 932 890€
NAF 5 année 2025

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 41 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 LES TRANSPORTS BLONDEL with other companies in the same sector:

Voir toutes les statistiques du secteur Transports routiers de fret interurbains

Frequently asked questions about LES TRANSPORTS BLONDEL

What is the revenue of LES TRANSPORTS BLONDEL ?

The revenue of LES TRANSPORTS BLONDEL in 2025 is 118.7 M€.

Is LES TRANSPORTS BLONDEL profitable?

LES TRANSPORTS BLONDEL recorded a net loss in 2025.

Where is the headquarters of LES TRANSPORTS BLONDEL ?

The headquarters of LES TRANSPORTS BLONDEL is located in MORCOURT (02100), in the department Aisne.

Where to find the tax return of LES TRANSPORTS BLONDEL ?

The tax return of LES TRANSPORTS BLONDEL 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 LES TRANSPORTS BLONDEL operate?

LES TRANSPORTS BLONDEL 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.