TCMS : revenue, balance sheet and financial ratios

TCMS is a French company founded 15 years ago, specialized in the sector Installation de structures métalliques, chaudronnées et de tuyauterie. Based in ANDREZIEUX-BOUTHEON (42160), this company of category PME shows in 2023 a revenue of 8.6 M€. 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

Financial history - TCMS (SIREN 532152246)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue N/C 8 634 579 € 10 719 560 € 9 068 626 € 11 512 041 € 12 776 909 € 8 964 145 € 7 852 203 € 6 279 658 €
Net income -830 903 € -1 491 201 € -7 572 € 398 939 € 465 046 € 705 639 € 469 100 € 366 360 € 171 798 €
EBITDA N/C -957 210 € 6 339 € 758 828 € 874 908 € 1 303 394 € 1 140 074 € 696 116 € 491 859 €
Net margin N/C -17.3% -0.1% 4.4% 4.0% 5.5% 5.2% 4.7% 2.7%

Revenue and income statement

In 2024, TCMS records a net loss of 831 k€. This deficit will reduce equity on the balance sheet.

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

-830 903 €

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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 -134%. 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 -37%. 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

-133.899%

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

-36.931%

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

31.0%

Solvency indicators evolution
TCMS

Sector positioning

Debt ratio
-133.9 2024
2022
2023
2024
Q1: 0.86
Med: 17.38
Q3: 51.09
Excellent -50 pts over 3 years

In 2024, the debt ratio of TCMS (-133.90) 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
-36.93% 2024
2022
2023
2024
Q1: 18.95%
Med: 38.81%
Q3: 56.71%
Watch -26 pts over 3 years

In 2024, the financial autonomy of TCMS (-36.9%) 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
-0.76 years 2023
2022
2023
Q1: 0.0 years
Med: 0.26 years
Q3: 1.33 years
Excellent -51 pts over 2 years

In 2023, the repayment capacity of TCMS (-0.76) 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 76.95. 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

76.954

Liquidity indicators evolution
TCMS

Sector positioning

Liquidity ratio
76.95 2024
2022
2023
2024
Q1: 150.33
Med: 206.67
Q3: 290.93
Watch -39 pts over 3 years

In 2024, the liquidity ratio of TCMS (76.95) 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
-0.9x 2023
2022
2023
Q1: 0.0x
Med: 0.33x
Q3: 2.73x
Average -51 pts over 2 years

In 2023, the interest coverage of TCMS (-0.9x) 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.

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

0 €

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

0 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

0 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

0 j

WCR and payment terms evolution
TCMS

Positioning of TCMS in its sector

Comparison with sector Installation de structures métalliques, chaudronnées et de tuyauterie

Similar companies (Installation de structures métalliques, chaudronnées et de tuyauterie)

Compare TCMS with other companies in the same sector:

Frequently asked questions about TCMS

What is the revenue of TCMS ?

The revenue of TCMS in 2023 is 8.6 M€.

Is TCMS profitable?

TCMS recorded a net loss in 2024.

Where is the headquarters of TCMS ?

The headquarters of TCMS is located in ANDREZIEUX-BOUTHEON (42160), in the department Loire.

Where to find the tax return of TCMS ?

The tax return of TCMS 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 TCMS operate?

TCMS operates in the sector Installation de structures métalliques, chaudronnées et de tuyauterie (NAF code 33.20A). See the 'Sector positioning' section above to compare the company with its competitors.