TECHNIQUES ET DEVELOPPEMENTS HOTELLERIE : revenue, balance sheet and financial ratios

TECHNIQUES ET DEVELOPPEMENTS HOTELLERIE is a French company founded 28 years ago, specialized in the sector Activités des sièges sociaux. Based in TOURS (37000), this company of category PME shows in 2019 a revenue of 155 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-18

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - TECHNIQUES ET DEVELOPPEMENTS HOTELLERIE (SIREN 414657486)
Indicator 2019 2018 2017 2016 2015
Revenue 154 980 € 171 428 € 196 136 € 178 405 € 143 725 €
Net income 9 107 € 80 490 € 20 258 € -1 447 € -58 009 €
EBITDA 13 250 € 6 642 € 25 556 € 3 374 € -47 224 €
Net margin 5.9% 47.0% 10.3% -0.8% -40.4%

Revenue and income statement

In 2019, TECHNIQUES ET DEVELOPPEMENTS HOTELLERIE achieves revenue of 155 k€. Revenue is growing positively over 5 years (CAGR: +1.9%). Slight decline of -10% vs 2018. After deducting consumption (14 k€), gross margin stands at 141 k€, i.e. a rate of 91%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 13 k€, representing 8.5% of revenue. Positive scissor effect: EBITDA margin improves by +4.7 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 9 k€, i.e. 5.9% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2019) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

154 980 €

Gross margin (2019) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

140 964 €

EBITDA (2019) ?
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

13 250 €

EBIT (2019) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

2 610 €

Net income (2019) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

9 107 €

EBITDA margin (2019) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

8.5%

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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 -2707%. 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 -4%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 29.7 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 8.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

Debt ratio (2019) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

-2706.617%

Financial autonomy (2019) ?
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

-3.708%

Cash flow / Revenue (2019) ?
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

8.571%

Repayment capacity (2019) ?
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

29.741

Asset age ratio (2019) ?
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

24.7%

Solvency indicators evolution
TECHNIQUES ET DEVELOPPEMENTS HOTELLERIE

Sector positioning

Debt ratio
-2706.62 2019
2017
2018
2019
Q1: 0.76
Med: 27.52
Q3: 116.12
Excellent

In 2019, the debt ratio of TECHNIQUES ET DEVELOPPEME... (-2706.62) 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
-3.71% 2019
2017
2018
2019
Q1: 20.31%
Med: 52.4%
Q3: 82.27%
Average

In 2019, the financial autonomy of TECHNIQUES ET DEVELOPPEME... (-3.7%) 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
29.74 years 2019
2017
2018
2019
Q1: 0.0 years
Med: 0.64 years
Q3: 4.97 years
Average

In 2019, the repayment capacity of TECHNIQUES ET DEVELOPPEME... (29.74) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 336.36. 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 0.3x. Danger: operating income does not cover interest charges, unsustainable situation.

Liquidity ratio (2019) ?
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

336.357

Interest coverage (2019) ?
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

0.34

Liquidity indicators evolution
TECHNIQUES ET DEVELOPPEMENTS HOTELLERIE

Sector positioning

Liquidity ratio
336.36 2019
2017
2018
2019
Q1: 99.45
Med: 309.2
Q3: 1311.8
Good +26 pts over 3 years

In 2019, the liquidity ratio of TECHNIQUES ET DEVELOPPEME... (336.36) 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
0.34x 2019
2017
2018
2019
Q1: -36.08x
Med: 0.0x
Q3: 3.61x
Good

In 2019, the interest coverage of TECHNIQUES ET DEVELOPPEME... (0.3x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

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: 13 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 9 days. The company must finance 4 days of gap between collections and payments. Overall, WCR represents 55 days of revenue, i.e. 24 k€ to permanently finance. Over 2015-2019, WCR increased by +136%, requiring additional financing.

Operating WCR (2019) ?
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

23 800 €

Customer credit (2019) ?
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

13 j

Supplier credit (2019) ?
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

9 j

Inventory turnover (2019) ?
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 in days of revenue (2019) ?
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

55 j

WCR and payment terms evolution
TECHNIQUES ET DEVELOPPEMENTS HOTELLERIE

Positioning of TECHNIQUES ET DEVELOPPEMENTS HOTELLERIE in its sector

Comparison with sector Activités des sièges sociaux

Valuation estimate

Based on 105 transactions of similar company sales in 2019, the value of TECHNIQUES ET DEVELOPPEMENTS HOTELLERIE is estimated at 51 935 € (range 16 269€ - 98 473€). With an EBITDA of 13 250€, the sector multiple of 4.5x is applied. The price/revenue ratio is 0.31x (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.

Estimated enterprise value 2019
105 transactions
16k€ 51k€ 98k€
51 935 € Range: 16 269€ - 98 473€
NAF 5 année 2019

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
13 250 € × 4.5x
Estimation 59 631 €
14 822€ - 115 335€
Revenue Multiple 30%
154 980 € × 0.31x
Estimation 48 074 €
20 442€ - 77 696€
Net Income Multiple 20%
9 107 € × 4.2x
Estimation 38 490 €
13 628€ - 87 486€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 105 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 (Activités des sièges sociaux)

Compare TECHNIQUES ET DEVELOPPEMENTS HOTELLERIE with other companies in the same sector:

Voir toutes les statistiques du secteur Activités des sièges sociaux

Frequently asked questions about TECHNIQUES ET DEVELOPPEMENTS HOTELLERIE

What is the revenue of TECHNIQUES ET DEVELOPPEMENTS HOTELLERIE ?

The revenue of TECHNIQUES ET DEVELOPPEMENTS HOTELLERIE in 2019 is 155 k€.

Is TECHNIQUES ET DEVELOPPEMENTS HOTELLERIE profitable?

Yes, TECHNIQUES ET DEVELOPPEMENTS HOTELLERIE generated a net profit of 9 k€ in 2019.

Where is the headquarters of TECHNIQUES ET DEVELOPPEMENTS HOTELLERIE ?

The headquarters of TECHNIQUES ET DEVELOPPEMENTS HOTELLERIE is located in TOURS (37000), in the department Indre-et-Loire.

Where to find the tax return of TECHNIQUES ET DEVELOPPEMENTS HOTELLERIE ?

The tax return of TECHNIQUES ET DEVELOPPEMENTS HOTELLERIE 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 TECHNIQUES ET DEVELOPPEMENTS HOTELLERIE operate?

TECHNIQUES ET DEVELOPPEMENTS HOTELLERIE 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.