SIREN : 892151440
T2K is a French company founded 5 years ago, specialized in the sector Travaux de peinture et vitrerie. Based in VILLENEUVE-SUR-YONNE (89500), this company of category PME shows in 2023 a revenue of 505 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2023 | 2022 | 2021 |
|---|---|---|---|
| Revenue | 505 059 € | 224 676 € | 190 908 € |
| Net income | 6 160 € | 2 280 € | 37 829 € |
| EBITDA | 19 824 € | 5 040 € | 38 399 € |
| Net margin | 1.2% | 1.0% | 19.8% |
In 2023, T2K achieves revenue of 505 k€. Over the period 2021-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +62.7%. Vs 2022, growth of +125% (225 k€ -> 505 k€). After deducting consumption (39 k€), gross margin stands at 466 k€, i.e. a rate of 92%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 20 k€, representing 3.9% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 6 k€, i.e. 1.2% of revenue. This profit can be retained or distributed to shareholders.
505 059 €
466 105 €
19 824 €
9 364 €
6 160 €
3.9%
The debt ratio (= Financial debt / Equity x 100) stands at 67%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 37%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.8 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 3.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
66.609%
37.334%
3.291%
1.827
70.6%
In 2023, the debt ratio of T2K (66.61) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2023, the financial autonomy of T2K (37.3%) 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.
In 2023, the repayment capacity of T2K (1.83) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 967.81. 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 10.7x. Operating income very largely covers interest expenses: high safety margin.
967.806
10.679
In 2023, the liquidity ratio of T2K (967.81) 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.
In 2023, the interest coverage of T2K (10.7x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 20 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 0 days. The company must finance 20 days of gap between collections and payments. Overall, WCR represents 33 days of revenue, i.e. 46 k€ to permanently finance. Over 2021-2023, WCR increased by +89%, requiring additional financing.
45 743 €
20 j
0 j
0 j
33 j
Based on 88 transactions of similar company sales
(all years),
the value of T2K is estimated at
58 091 €
(range 22 092€ - 102 177€).
With an EBITDA of 19 824€, the sector multiple of 2.7x is applied.
The price/revenue ratio is 0.18x
(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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 88 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare T2K with other companies in the same sector:
Voir toutes les statistiques du secteur Travaux de peinture et vitrerie
The revenue of T2K in 2023 is 505 k€.
Yes, T2K generated a net profit of 6 k€ in 2023.
The headquarters of T2K is located in VILLENEUVE-SUR-YONNE (89500), in the department Yonne.
The tax return of T2K 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).
T2K operates in the sector Travaux de peinture et vitrerie (NAF code 43.34Z). See the 'Sector positioning' section above to compare the company with its competitors.