SOCIETE DE TRAVAUX DE RECHERCHE ET D'INGENEERING SPECIALISES : revenue, balance sheet and financial ratios

SOCIETE DE TRAVAUX DE RECHERCHE ET D'INGENEERING SPECIALISES is a French company founded 45 years ago, specialized in the sector Ingénierie, études techniques. Based in RIOM (63200), this company of category PME shows in 2024 a revenue of 17.2 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 - SOCIETE DE TRAVAUX DE RECHERCHE ET D'INGENEERING SPECIALISES (SIREN 320203482)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 17 184 366 € 17 890 756 € 14 839 382 € 12 992 819 € 10 949 291 € 13 053 610 € 15 707 647 € 14 083 135 € 11 555 793 €
Net income 865 565 € 708 968 € 543 599 € 360 248 € 45 174 € 38 448 € 18 057 € 10 048 € -5 737 €
EBITDA 1 222 285 € 1 051 594 € 478 907 € 177 044 € 126 540 € 65 823 € 186 912 € 171 039 € 87 107 €
Net margin 5.0% 4.0% 3.7% 2.8% 0.4% 0.3% 0.1% 0.1% -0.0%

Revenue and income statement

In 2024, SOCIETE DE TRAVAUX DE RECHERCHE ET D'INGENEERING SPECIALISES achieves revenue of 17.2 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +5.1%. Slight decline of -4% vs 2023. After deducting consumption (10.7 M€), gross margin stands at 6.5 M€, i.e. a rate of 38%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.2 M€, representing 7.1% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 866 k€, i.e. 5.0% 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

17 184 366 €

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

6 530 459 €

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

1 222 285 €

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

1 202 805 €

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

865 565 €

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

7.1%

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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 6%. 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 47%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.3 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 5.1% 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

6.11%

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

47.198%

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

5.123%

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

0.33

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

12.7%

Solvency indicators evolution
SOCIETE DE TRAVAUX DE RECHERCHE ET D'INGENEERING SPECIALISES

Sector positioning

Debt ratio
6.11 2024
2022
2023
2024
Q1: 0.0
Med: 8.25
Q3: 42.9
Good -7 pts over 3 years

In 2024, the debt ratio of SOCIETE DE TRAVAUX DE REC... (6.11) 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
47.2% 2024
2022
2023
2024
Q1: 11.27%
Med: 37.87%
Q3: 61.33%
Good +16 pts over 3 years

In 2024, the financial autonomy of SOCIETE DE TRAVAUX DE REC... (47.2%) 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.

Repayment capacity
0.33 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.9 years
Average -8 pts over 3 years

In 2024, the repayment capacity of SOCIETE DE TRAVAUX DE REC... (0.33) 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 190.68. 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 0.9x. Danger: operating income does not cover interest charges, unsustainable situation.

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

190.677

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

0.946

Liquidity indicators evolution
SOCIETE DE TRAVAUX DE RECHERCHE ET D'INGENEERING SPECIALISES

Sector positioning

Liquidity ratio
190.68 2024
2022
2023
2024
Q1: 148.97
Med: 229.92
Q3: 405.25
Average +13 pts over 3 years

In 2024, the liquidity ratio of SOCIETE DE TRAVAUX DE REC... (190.68) 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.

Interest coverage
0.95x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 2.05x
Good -8 pts over 3 years

In 2024, the interest coverage of SOCIETE DE TRAVAUX DE REC... (0.9x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

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: 80 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 66 days. The company must finance 14 days of gap between collections and payments. Inventory turnover is 48 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 95 days of revenue, i.e. 4.5 M€ to permanently finance.

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

4 549 045 €

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

80 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

66 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

48 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
SOCIETE DE TRAVAUX DE RECHERCHE ET D'INGENEERING SPECIALISES

Positioning of SOCIETE DE TRAVAUX DE RECHERCHE ET D'INGENEERING SPECIALISES in its sector

Comparison with sector Ingénierie, études techniques

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (40 transactions). This range of 950 169€ to 4 261 021€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
950k€ 1727k€ 4261k€
1 727 835 € Range: 950 169€ - 4 261 021€
NAF 5 année 2024

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 40 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 (Ingénierie, études techniques)

Compare SOCIETE DE TRAVAUX DE RECHERCHE ET D'INGENEERING SPECIALISES with other companies in the same sector:

Voir toutes les statistiques du secteur Ingénierie, études techniques

Frequently asked questions about SOCIETE DE TRAVAUX DE RECHERCHE ET D'INGENEERING SPECIALISES

What is the revenue of SOCIETE DE TRAVAUX DE RECHERCHE ET D'INGENEERING SPECIALISES ?

The revenue of SOCIETE DE TRAVAUX DE RECHERCHE ET D'INGENEERING SPECIALISES in 2024 is 17.2 M€.

Is SOCIETE DE TRAVAUX DE RECHERCHE ET D'INGENEERING SPECIALISES profitable?

Yes, SOCIETE DE TRAVAUX DE RECHERCHE ET D'INGENEERING SPECIALISES generated a net profit of 866 k€ in 2024.

Where is the headquarters of SOCIETE DE TRAVAUX DE RECHERCHE ET D'INGENEERING SPECIALISES ?

The headquarters of SOCIETE DE TRAVAUX DE RECHERCHE ET D'INGENEERING SPECIALISES is located in RIOM (63200), in the department Puy-de-Dome.

Where to find the tax return of SOCIETE DE TRAVAUX DE RECHERCHE ET D'INGENEERING SPECIALISES ?

The tax return of SOCIETE DE TRAVAUX DE RECHERCHE ET D'INGENEERING SPECIALISES 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 SOCIETE DE TRAVAUX DE RECHERCHE ET D'INGENEERING SPECIALISES operate?

SOCIETE DE TRAVAUX DE RECHERCHE ET D'INGENEERING SPECIALISES operates in the sector Ingénierie, études techniques (NAF code 71.12B). See the 'Sector positioning' section above to compare the company with its competitors.