SOCIETE DES ETABLISSEMENTS TOVO : revenue, balance sheet and financial ratios

SOCIETE DES ETABLISSEMENTS TOVO is a French company founded 54 years ago, specialized in the sector Travaux de terrassement spécialisés ou de grande masse. Based in BOE (47550), this company of category PME shows in 2024 a revenue of 4.1 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 DES ETABLISSEMENTS TOVO (SIREN 027220185)
Indicator 2024 2023 2022 2021 2019 2018 2016
Revenue 4 071 331 € 4 001 690 € 4 973 967 € 4 485 922 € 4 636 660 € 5 411 009 € 4 470 951 €
Net income -521 645 € -326 165 € 2 527 € 15 188 € 123 726 € -258 021 € 25 624 €
EBITDA -527 484 € -312 894 € -102 719 € 39 427 € 36 940 € -91 195 € 72 003 €
Net margin -12.8% -8.2% 0.1% 0.3% 2.7% -4.8% 0.6%

Revenue and income statement

In 2024, SOCIETE DES ETABLISSEMENTS TOVO achieves revenue of 4.1 M€. Activity remains stable over the period (CAGR: -1.2%). Vs 2023: +2%. After deducting consumption (629 k€), gross margin stands at 3.4 M€, i.e. a rate of 85%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -527 k€, representing -13.0% of revenue. Warning negative scissor effect: despite revenue change (+2%), EBITDA varies by -69%, reducing margin by 5.1 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -522 k€ (-12.8% of revenue), which will impact equity.

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

4 071 331 €

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

3 442 689 €

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

-527 484 €

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

-600 665 €

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

-521 645 €

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

-13.0%

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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 -68%. 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 -20%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

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

-68.079%

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

-19.543%

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

-13.806%

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

-0.416

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

14.4%

Solvency indicators evolution
SOCIETE DES ETABLISSEMENTS TOVO

Sector positioning

Debt ratio
-68.08 2024
2022
2023
2024
Q1: 5.66
Med: 28.81
Q3: 82.19
Excellent -36 pts over 3 years

In 2024, the debt ratio of SOCIETE DES ETABLISSEMENT... (-68.08) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
-19.54% 2024
2022
2023
2024
Q1: 17.97%
Med: 35.52%
Q3: 56.51%
Watch

In 2024, the financial autonomy of SOCIETE DES ETABLISSEMENT... (-19.5%) 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
-0.42 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.64 years
Q3: 2.23 years
Excellent

In 2024, the repayment capacity of SOCIETE DES ETABLISSEMENT... (-0.42) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 87.45. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

87.447

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

-1.836

Liquidity indicators evolution
SOCIETE DES ETABLISSEMENTS TOVO

Sector positioning

Liquidity ratio
87.45 2024
2022
2023
2024
Q1: 128.74
Med: 194.39
Q3: 280.98
Watch -7 pts over 3 years

In 2024, the liquidity ratio of SOCIETE DES ETABLISSEMENT... (87.45) 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
-1.84x 2024
2022
2023
2024
Q1: 0.0x
Med: 1.51x
Q3: 6.2x
Average

In 2024, the interest coverage of SOCIETE DES ETABLISSEMENT... (-1.8x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 127 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 106 days. The company must finance 21 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 62 days of revenue, i.e. 697 k€ to permanently finance. Notable WCR improvement over the period (-40%), freeing up cash.

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

697 297 €

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

127 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

106 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

2 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

62 j

WCR and payment terms evolution
SOCIETE DES ETABLISSEMENTS TOVO

Positioning of SOCIETE DES ETABLISSEMENTS TOVO in its sector

Comparison with sector Travaux de terrassement spécialisés ou de grande masse

Similar companies (Travaux de terrassement spécialisés ou de grande masse)

Compare SOCIETE DES ETABLISSEMENTS TOVO with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux de terrassement spécialisés ou de grande masse

Frequently asked questions about SOCIETE DES ETABLISSEMENTS TOVO

What is the revenue of SOCIETE DES ETABLISSEMENTS TOVO ?

The revenue of SOCIETE DES ETABLISSEMENTS TOVO in 2024 is 4.1 M€.

Is SOCIETE DES ETABLISSEMENTS TOVO profitable?

SOCIETE DES ETABLISSEMENTS TOVO recorded a net loss in 2024.

Where is the headquarters of SOCIETE DES ETABLISSEMENTS TOVO ?

The headquarters of SOCIETE DES ETABLISSEMENTS TOVO is located in BOE (47550), in the department Lot-et-Garonne.

Where to find the tax return of SOCIETE DES ETABLISSEMENTS TOVO ?

The tax return of SOCIETE DES ETABLISSEMENTS TOVO 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 DES ETABLISSEMENTS TOVO operate?

SOCIETE DES ETABLISSEMENTS TOVO operates in the sector Travaux de terrassement spécialisés ou de grande masse (NAF code 43.12B). See the 'Sector positioning' section above to compare the company with its competitors.