SOCIETE LE TRIANGLE : revenue, balance sheet and financial ratios

SOCIETE LE TRIANGLE is a French company founded 36 years ago, specialized in the sector Fabrication de structures métalliques et de parties de structures. Based in SAINT-HILAIRE-LA-GRAVELLE (41160), this company of category ETI shows in 2023 a revenue of 19.0 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 LE TRIANGLE (SIREN 378267306)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 18 959 712 € 13 143 345 € 12 418 512 € 15 364 227 € 16 041 899 € 14 457 466 € 59 119 426 € 46 751 643 €
Net income 114 007 € 27 086 € 86 436 € 467 149 € 2 985 524 € 24 503 € 38 305 € 71 872 €
EBITDA -244 731 € -701 044 € -199 866 € 314 401 € -911 250 € -3 236 580 € -1 632 243 € 710 599 €
Net margin 0.6% 0.2% 0.7% 3.0% 18.6% 0.2% 0.1% 0.2%

Revenue and income statement

In 2023, SOCIETE LE TRIANGLE achieves revenue of 19.0 M€. Revenue is declining over the period 2016-2023 (CAGR: -12.1%). Vs 2022, growth of +44% (13.1 M€ -> 19.0 M€). After deducting consumption (11.1 M€), gross margin stands at 7.9 M€, i.e. a rate of 41%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -245 k€, representing -1.3% of revenue. Positive scissor effect: EBITDA margin improves by +4.0 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 114 k€, i.e. 0.6% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

18 959 712 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

7 858 331 €

EBITDA (2023) ?
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

-244 731 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

156 870 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

114 007 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-1.3%

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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 0%. 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 57%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.0%

Financial autonomy (2023) ?
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

56.96%

Cash flow / Revenue (2023) ?
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

-1.213%

Repayment capacity (2023) ?
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

0.0

Asset age ratio (2023) ?
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

3.1%

Solvency indicators evolution
SOCIETE LE TRIANGLE

Sector positioning

Debt ratio
0.0 2023
2021
2022
2023
Q1: 7.48
Med: 26.89
Q3: 65.8
Excellent

In 2023, the debt ratio of SOCIETE LE TRIANGLE (0.00) 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
56.96% 2023
2021
2022
2023
Q1: 25.08%
Med: 43.12%
Q3: 59.43%
Good -8 pts over 3 years

In 2023, the financial autonomy of SOCIETE LE TRIANGLE (57.0%) 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
0.0 years 2023
2021
2022
2023
Q1: 0.04 years
Med: 0.85 years
Q3: 2.26 years
Excellent

In 2023, the repayment capacity of SOCIETE LE TRIANGLE (0.00) 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 240.36. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2023) ?
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

240.357

Interest coverage (2023) ?
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

-0.721

Liquidity indicators evolution
SOCIETE LE TRIANGLE

Sector positioning

Liquidity ratio
240.36 2023
2021
2022
2023
Q1: 168.16
Med: 232.54
Q3: 329.08
Good -23 pts over 3 years

In 2023, the liquidity ratio of SOCIETE LE TRIANGLE (240.36) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
-0.72x 2023
2021
2022
2023
Q1: 0.07x
Med: 1.31x
Q3: 4.95x
Average

In 2023, the interest coverage of SOCIETE LE TRIANGLE (-0.7x) 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: 70 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 60 days. The company must finance 10 days of gap between collections and payments. Inventory turnover is 52 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 116 days of revenue, i.e. 6.1 M€ to permanently finance.

Operating WCR (2023) ?
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

6 132 140 €

Customer credit (2023) ?
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

70 j

Supplier credit (2023) ?
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

60 j

Inventory turnover (2023) ?
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

52 j

WCR in days of revenue (2023) ?
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

116 j

WCR and payment terms evolution
SOCIETE LE TRIANGLE

Positioning of SOCIETE LE TRIANGLE in its sector

Comparison with sector Fabrication de structures métalliques et de parties de structures

Valuation estimate

Based on 56 transactions of similar company sales (all years), the value of SOCIETE LE TRIANGLE is estimated at 1 551 735 € (range 836 053€ - 2 178 858€). The price/revenue ratio is 0.13x (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 2023
56 tx
836k€ 1551k€ 2178k€
1 551 735 € Range: 836 053€ - 2 178 858€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

Revenue Multiple 30%
18 959 712 € × 0.13x
Estimation 2 440 660 €
1 287 595€ - 3 098 813€
Net Income Multiple 20%
114 007 € × 1.9x
Estimation 218 348 €
158 740€ - 798 928€
How is this estimate calculated?

This estimate is based on the analysis of 56 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 de structures métalliques et de parties de structures)

Compare SOCIETE LE TRIANGLE with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication de structures métalliques et de parties de structures

Frequently asked questions about SOCIETE LE TRIANGLE

What is the revenue of SOCIETE LE TRIANGLE ?

The revenue of SOCIETE LE TRIANGLE in 2023 is 19.0 M€.

Is SOCIETE LE TRIANGLE profitable?

Yes, SOCIETE LE TRIANGLE generated a net profit of 114 k€ in 2023.

Where is the headquarters of SOCIETE LE TRIANGLE ?

The headquarters of SOCIETE LE TRIANGLE is located in SAINT-HILAIRE-LA-GRAVELLE (41160), in the department Loir-et-Cher.

Where to find the tax return of SOCIETE LE TRIANGLE ?

The tax return of SOCIETE LE TRIANGLE 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 LE TRIANGLE operate?

SOCIETE LE TRIANGLE operates in the sector Fabrication de structures métalliques et de parties de structures (NAF code 25.11Z). See the 'Sector positioning' section above to compare the company with its competitors.