TCP TRAVAUX CHAUFFAGE PLOMBERIE : revenue, balance sheet and financial ratios

TCP TRAVAUX CHAUFFAGE PLOMBERIE is a French company founded 26 years ago, specialized in the sector Travaux d'installation d'eau et de gaz en tous locaux. Based in LE PERREUX-SUR-MARNE (94170), this company of category PME shows in 2023 a revenue of 8.1 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 - TCP TRAVAUX CHAUFFAGE PLOMBERIE (SIREN 425067279)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 8 132 282 € 12 280 937 € 14 655 486 € 11 384 053 € 12 073 051 € 12 139 682 € 7 250 817 € 7 834 752 €
Net income 80 507 € 272 916 € 510 351 € 201 324 € 90 614 € 151 773 € 1 779 € 97 519 €
EBITDA 22 149 € 229 684 € 582 116 € 221 665 € 193 794 € 270 291 € 16 322 € 66 041 €
Net margin 1.0% 2.2% 3.5% 1.8% 0.8% 1.3% 0.0% 1.2%

Revenue and income statement

In 2023, TCP TRAVAUX CHAUFFAGE PLOMBERIE achieves revenue of 8.1 M€. Revenue is growing positively over 8 years (CAGR: +0.5%). Significant drop of -34% vs 2022. After deducting consumption (2.3 M€), gross margin stands at 5.8 M€, i.e. a rate of 72%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 22 k€, representing 0.3% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 81 k€, i.e. 1.0% 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

8 132 282 €

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

5 831 045 €

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

22 149 €

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

115 719 €

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

80 507 €

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

0.3%

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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 272%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 13%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

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

272.22%

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

12.668%

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

-0.192%

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

-101.646

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

16.6%

Solvency indicators evolution
TCP TRAVAUX CHAUFFAGE PLOMBERIE

Sector positioning

Debt ratio
272.22 2023
2021
2022
2023
Q1: 1.67
Med: 17.71
Q3: 55.25
Watch

In 2023, the debt ratio of TCP TRAVAUX CHAUFFAGE PLO... (272.22) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
12.67% 2023
2021
2022
2023
Q1: 11.53%
Med: 34.4%
Q3: 54.98%
Average -5 pts over 3 years

In 2023, the financial autonomy of TCP TRAVAUX CHAUFFAGE PLO... (12.7%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
-101.65 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.14 years
Q3: 1.27 years
Excellent -51 pts over 3 years

In 2023, the repayment capacity of TCP TRAVAUX CHAUFFAGE PLO... (-101.65) 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 179.67. 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 263.2x. Operating income very largely covers interest expenses: high safety margin.

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

179.667

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

263.213

Liquidity indicators evolution
TCP TRAVAUX CHAUFFAGE PLOMBERIE

Sector positioning

Liquidity ratio
179.67 2023
2021
2022
2023
Q1: 155.64
Med: 216.86
Q3: 318.57
Average +10 pts over 3 years

In 2023, the liquidity ratio of TCP TRAVAUX CHAUFFAGE PLO... (179.67) 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.

Interest coverage
263.21x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.03x
Q3: 1.77x
Excellent

In 2023, the interest coverage of TCP TRAVAUX CHAUFFAGE PLO... (263.2x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 148 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 80 days. The gap of 68 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 14 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 157 days of revenue, i.e. 3.5 M€ to permanently finance. Over 2016-2023, WCR increased by +59%, requiring additional financing.

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

3 548 928 €

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

148 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

80 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

14 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

157 j

WCR and payment terms evolution
TCP TRAVAUX CHAUFFAGE PLOMBERIE

Positioning of TCP TRAVAUX CHAUFFAGE PLOMBERIE in its sector

Comparison with sector Travaux d'installation d'eau et de gaz en tous locaux

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (26 transactions). This range of 491 433€ to 847 608€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2023
Indicative
491k€ 526k€ 847k€
526 641 € Range: 491 433€ - 847 608€
NAF 5 année 2023

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 26 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 (Travaux d'installation d'eau et de gaz en tous locaux)

Compare TCP TRAVAUX CHAUFFAGE PLOMBERIE with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux d'installation d'eau et de gaz en tous locaux

Frequently asked questions about TCP TRAVAUX CHAUFFAGE PLOMBERIE

What is the revenue of TCP TRAVAUX CHAUFFAGE PLOMBERIE ?

The revenue of TCP TRAVAUX CHAUFFAGE PLOMBERIE in 2023 is 8.1 M€.

Is TCP TRAVAUX CHAUFFAGE PLOMBERIE profitable?

Yes, TCP TRAVAUX CHAUFFAGE PLOMBERIE generated a net profit of 81 k€ in 2023.

Where is the headquarters of TCP TRAVAUX CHAUFFAGE PLOMBERIE ?

The headquarters of TCP TRAVAUX CHAUFFAGE PLOMBERIE is located in LE PERREUX-SUR-MARNE (94170), in the department Val-de-Marne.

Where to find the tax return of TCP TRAVAUX CHAUFFAGE PLOMBERIE ?

The tax return of TCP TRAVAUX CHAUFFAGE PLOMBERIE 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 TCP TRAVAUX CHAUFFAGE PLOMBERIE operate?

TCP TRAVAUX CHAUFFAGE PLOMBERIE operates in the sector Travaux d'installation d'eau et de gaz en tous locaux (NAF code 43.22A). See the 'Sector positioning' section above to compare the company with its competitors.