SIREN : 838864734
TC2L is a French company founded 8 years ago, specialized in the sector Activités des sièges sociaux. Based in CHALLANS (85300), this company of category PME shows in 2023 a revenue of 308 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 | 2020 | 2019 |
|---|---|---|---|---|---|
| Revenue | 308 100 € | 240 000 € | 216 000 € | 170 000 € | 213 000 € |
| Net income | 447 476 € | 350 128 € | 351 082 € | 322 495 € | 662 603 € |
| EBITDA | 97 133 € | 33 595 € | 20 469 € | -6 532 € | 3 229 € |
| Net margin | 145.2% | 145.9% | 162.5% | 189.7% | 311.1% |
In 2023, TC2L achieves revenue of 308 k€. Over the period 2019-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +9.7%. Vs 2022, growth of +28% (240 k€ -> 308 k€). After deducting consumption (0 €), gross margin stands at 308 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 97 k€, representing 31.5% of revenue. Positive scissor effect: EBITDA margin improves by +17.5 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 447 k€, i.e. 145.2% of revenue. This profit can be retained or distributed to shareholders.
308 100 €
308 100 €
97 133 €
97 133 €
447 476 €
31.5%
The debt ratio (= Financial debt / Equity x 100) stands at 147%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 38%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 7.4 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 145.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
147.331%
38.439%
145.237%
7.355
In 2023, the debt ratio of TC2L (147.33) 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 TC2L (38.4%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2023, the repayment capacity of TC2L (7.36) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 45.12. 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 76.8x. Operating income very largely covers interest expenses: high safety margin.
45.119
76.836
In 2023, the liquidity ratio of TC2L (45.12) 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.
In 2023, the interest coverage of TC2L (76.8x) 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: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 481 days. Excellent situation: suppliers finance 481 days of the operating cycle (retail model). WCR is negative (-242 days): operations structurally generate cash. Notable WCR improvement over the period (-16925%), freeing up cash.
-206 784 €
0 j
481 j
0 j
-242 j
Based on 89 transactions of similar company sales
in 2023,
the value of TC2L is estimated at
846 412 €
(range 407 108€ - 1 792 555€).
With an EBITDA of 97 133€, the sector multiple of 4.0x is applied.
The price/revenue ratio is 0.52x
(in line with sector norms).
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 89 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 TC2L with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des sièges sociaux
The revenue of TC2L in 2023 is 308 k€.
Yes, TC2L generated a net profit of 447 k€ in 2023.
The headquarters of TC2L is located in CHALLANS (85300), in the department Vendee.
The tax return of TC2L 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).
TC2L operates in the sector Activités des sièges sociaux (NAF code 70.10Z). See the 'Sector positioning' section above to compare the company with its competitors.