LIMOUSIN TRANSPORT SERVICES EXPRESS : revenue, balance sheet and financial ratios

LIMOUSIN TRANSPORT SERVICES EXPRESS is a French company founded 13 years ago, specialized in the sector Transports routiers de fret de proximité. Based in COUZEIX (87270), this company of category PME shows in 2024 a revenue of 295 k€. 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 - LIMOUSIN TRANSPORT SERVICES EXPRESS (SIREN 752506113)
Indicator 2024 2023 2022 2021 2020 2019 2017
Revenue 294 925 € 334 873 € 316 940 € 281 637 € 259 229 € 216 133 € 174 861 €
Net income 11 746 € 36 364 € 29 881 € 35 184 € 34 578 € 9 854 € 10 294 €
EBITDA 27 187 € 70 933 € 52 991 € 63 597 € 63 408 € 33 339 € 27 766 €
Net margin 4.0% 10.9% 9.4% 12.5% 13.3% 4.6% 5.9%

Revenue and income statement

In 2024, LIMOUSIN TRANSPORT SERVICES EXPRESS achieves revenue of 295 k€. Over the period 2017-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +7.8%. Significant drop of -12% vs 2023. After deducting consumption (0 €), gross margin stands at 295 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 27 k€, representing 9.2% of revenue. Warning negative scissor effect: despite revenue change (-12%), EBITDA varies by -62%, reducing margin by 12.0 pts. This reflects costs rising faster than revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 12 k€, i.e. 4.0% 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

294 925 €

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

294 925 €

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

27 187 €

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

913 €

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

11 746 €

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

9.2%

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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 16%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 12%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.5 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 13.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

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

16.244%

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

12.222%

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

13.662%

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

0.548

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

27.0%

Solvency indicators evolution
LIMOUSIN TRANSPORT SERVICES EXPRESS

Sector positioning

Debt ratio
16.24 2024
2022
2023
2024
Q1: 1.8
Med: 27.54
Q3: 87.06
Good -9 pts over 3 years

In 2024, the debt ratio of LIMOUSIN TRANSPORT SERVIC... (16.24) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
12.22% 2024
2022
2023
2024
Q1: 13.27%
Med: 31.55%
Q3: 51.53%
Average -8 pts over 3 years

In 2024, the financial autonomy of LIMOUSIN TRANSPORT SERVIC... (12.2%) 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
0.55 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 1.46 years
Average

In 2024, the repayment capacity of LIMOUSIN TRANSPORT SERVIC... (0.55) 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 503.02. 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 22.1x. 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

503.02

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

22.099

Liquidity indicators evolution
LIMOUSIN TRANSPORT SERVICES EXPRESS

Sector positioning

Liquidity ratio
503.02 2024
2022
2023
2024
Q1: 117.28
Med: 164.75
Q3: 253.6
Excellent

In 2024, the liquidity ratio of LIMOUSIN TRANSPORT SERVIC... (503.02) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
22.1x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 3.91x
Excellent +17 pts over 3 years

In 2024, the interest coverage of LIMOUSIN TRANSPORT SERVIC... (22.1x) 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: 18 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 21 days. Favorable situation: supplier credit is longer than customer credit by 3 days. Overall, WCR represents 6 days of revenue, i.e. 5 k€ to permanently finance. Over 2017-2024, WCR increased by +207%, 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

4 828 €

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

18 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

21 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

0 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

6 j

WCR and payment terms evolution
LIMOUSIN TRANSPORT SERVICES EXPRESS

Positioning of LIMOUSIN TRANSPORT SERVICES EXPRESS in its sector

Comparison with sector Transports routiers de fret de proximité

Valuation estimate

Based on 71 transactions of similar company sales in 2024, the value of LIMOUSIN TRANSPORT SERVICES EXPRESS is estimated at 40 483 € (range 19 283€ - 104 747€). With an EBITDA of 27 187€, the sector multiple of 0.9x is applied. The price/revenue ratio is 0.23x (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.

Estimated enterprise value 2024
71 tx
19k€ 40k€ 104k€
40 483 € Range: 19 283€ - 104 747€
NAF 5 année 2024

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
27 187 € × 0.9x
Estimation 24 968 €
17 768€ - 100 712€
Revenue Multiple 30%
294 925 € × 0.23x
Estimation 66 855 €
31 230€ - 109 021€
Net Income Multiple 20%
11 746 € × 3.4x
Estimation 39 718 €
5 153€ - 108 429€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 71 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 de proximité)

Compare LIMOUSIN TRANSPORT SERVICES EXPRESS with other companies in the same sector:

Voir toutes les statistiques du secteur Transports routiers de fret de proximité

Frequently asked questions about LIMOUSIN TRANSPORT SERVICES EXPRESS

What is the revenue of LIMOUSIN TRANSPORT SERVICES EXPRESS ?

The revenue of LIMOUSIN TRANSPORT SERVICES EXPRESS in 2024 is 295 k€.

Is LIMOUSIN TRANSPORT SERVICES EXPRESS profitable?

Yes, LIMOUSIN TRANSPORT SERVICES EXPRESS generated a net profit of 12 k€ in 2024.

Where is the headquarters of LIMOUSIN TRANSPORT SERVICES EXPRESS ?

The headquarters of LIMOUSIN TRANSPORT SERVICES EXPRESS is located in COUZEIX (87270), in the department Haute-Vienne.

Where to find the tax return of LIMOUSIN TRANSPORT SERVICES EXPRESS ?

The tax return of LIMOUSIN TRANSPORT SERVICES EXPRESS 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 LIMOUSIN TRANSPORT SERVICES EXPRESS operate?

LIMOUSIN TRANSPORT SERVICES EXPRESS operates in the sector Transports routiers de fret de proximité (NAF code 49.41B). See the 'Sector positioning' section above to compare the company with its competitors.