TECHNOLOGIES EXPERTISES RECHERCHES ANALYTIQUES EN ENVIRONNEMENT : revenue, balance sheet and financial ratios

TECHNOLOGIES EXPERTISES RECHERCHES ANALYTIQUES EN ENVIRONNEMENT is a French company founded 24 years ago, specialized in the sector Activités spécialisées, scientifiques et techniques diverses. Based in CROLLES (38920), this company of category PME shows in 2024 a revenue of 6.1 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 - TECHNOLOGIES EXPERTISES RECHERCHES ANALYTIQUES EN ENVIRONNEMENT (SIREN 438590390)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 6 123 578 € 5 474 191 € 5 178 717 € 5 005 667 € 4 261 965 € 4 319 803 € 4 031 157 € 3 760 163 € 3 227 702 €
Net income 1 183 226 € 814 888 € 1 039 276 € 755 531 € 558 886 € 528 037 € 639 120 € 560 873 € 326 237 €
EBITDA 1 697 265 € 1 199 223 € 1 225 294 € 1 112 771 € 811 942 € 792 822 € 708 391 € 573 870 € 326 151 €
Net margin 19.3% 14.9% 20.1% 15.1% 13.1% 12.2% 15.9% 14.9% 10.1%

Revenue and income statement

In 2024, TECHNOLOGIES EXPERTISES RECHERCHES ANALYTIQUES EN ENVIRONNEMENT achieves revenue of 6.1 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +8.3%. Vs 2023, growth of +12% (5.5 M€ -> 6.1 M€). After deducting consumption (682 k€), gross margin stands at 5.4 M€, i.e. a rate of 89%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.7 M€, representing 27.7% of revenue. Positive scissor effect: EBITDA margin improves by +5.8 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 1.2 M€, i.e. 19.3% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

6 123 578 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

5 441 538 €

EBITDA (2024) ?
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

1 697 265 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

1 257 915 €

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

1 183 226 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

27.4%

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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 10%. 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 72%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.3 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 26.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

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

9.612%

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

71.722%

Cash flow / Revenue (2024) ?
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

26.266%

Repayment capacity (2024) ?
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

0.284

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

26.8%

Solvency indicators evolution
TECHNOLOGIES EXPERTISES RECHERCHES ANALYTIQUES EN ENVIRONNEMENT

Sector positioning

Debt ratio
9.61 2024
2022
2023
2024
Q1: 0.0
Med: 4.67
Q3: 40.89
Average -9 pts over 3 years

In 2024, the debt ratio of TECHNOLOGIES EXPERTISES R... (9.61) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
71.72% 2024
2022
2023
2024
Q1: 4.58%
Med: 32.74%
Q3: 63.16%
Excellent +8 pts over 3 years

In 2024, the financial autonomy of TECHNOLOGIES EXPERTISES R... (71.7%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
0.28 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.43 years
Average -8 pts over 3 years

In 2024, the repayment capacity of TECHNOLOGIES EXPERTISES R... (0.28) 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 358.83. 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 (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

358.834

Interest coverage (2024) ?
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

0.271

Liquidity indicators evolution
TECHNOLOGIES EXPERTISES RECHERCHES ANALYTIQUES EN ENVIRONNEMENT

Sector positioning

Liquidity ratio
358.83 2024
2022
2023
2024
Q1: 144.63
Med: 259.05
Q3: 521.3
Good

In 2024, the liquidity ratio of TECHNOLOGIES EXPERTISES R... (358.83) 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
0.27x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 0.45x
Good -6 pts over 3 years

In 2024, the interest coverage of TECHNOLOGIES EXPERTISES R... (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: 84 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 89 days. Favorable situation: supplier credit is longer than customer credit by 5 days. Inventory turnover is 14 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 228 days of revenue, i.e. 3.9 M€ to permanently finance. Over 2016-2024, WCR increased by +104%, requiring additional financing.

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

3 874 939 €

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

84 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

89 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

14 j

WCR in days of revenue (2024) ?
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

228 j

WCR and payment terms evolution
TECHNOLOGIES EXPERTISES RECHERCHES ANALYTIQUES EN ENVIRONNEMENT

Positioning of TECHNOLOGIES EXPERTISES RECHERCHES ANALYTIQUES EN ENVIRONNEMENT in its sector

Comparison with sector Activités spécialisées, scientifiques et techniques diverses

Valuation estimate

Based on 98 transactions of similar company sales (all years), the value of TECHNOLOGIES EXPERTISES RECHERCHES ANALYTIQUES EN ENVIRONNEMENT is estimated at 4 756 185 € (range 1 183 071€ - 7 881 466€). With an EBITDA of 1 697 265€, the sector multiple of 3.5x is applied. The price/revenue ratio is 0.36x (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.

Estimated enterprise value 2024
98 tx
1183k€ 4756k€ 7881k€
4 756 185 € Range: 1 183 071€ - 7 881 466€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
1 697 265 € × 3.5x
Estimation 5 879 739 €
1 465 097€ - 9 639 097€
Revenue Multiple 30%
6 123 578 € × 0.36x
Estimation 2 225 822 €
730 889€ - 3 766 216€
Net Income Multiple 20%
1 183 226 € × 4.9x
Estimation 5 742 847 €
1 156 280€ - 9 660 266€
How is this estimate calculated?

This estimate is based on the analysis of 98 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 spécialisées, scientifiques et techniques diverses)

Compare TECHNOLOGIES EXPERTISES RECHERCHES ANALYTIQUES EN ENVIRONNEMENT with other companies in the same sector:

Voir toutes les statistiques du secteur Activités spécialisées, scientifiques et techniques diverses

Frequently asked questions about TECHNOLOGIES EXPERTISES RECHERCHES ANALYTIQUES EN ENVIRONNEMENT

What is the revenue of TECHNOLOGIES EXPERTISES RECHERCHES ANALYTIQUES EN ENVIRONNEMENT ?

The revenue of TECHNOLOGIES EXPERTISES RECHERCHES ANALYTIQUES EN ENVIRONNEMENT in 2024 is 6.1 M€.

Is TECHNOLOGIES EXPERTISES RECHERCHES ANALYTIQUES EN ENVIRONNEMENT profitable?

Yes, TECHNOLOGIES EXPERTISES RECHERCHES ANALYTIQUES EN ENVIRONNEMENT generated a net profit of 1.2 M€ in 2024.

Where is the headquarters of TECHNOLOGIES EXPERTISES RECHERCHES ANALYTIQUES EN ENVIRONNEMENT ?

The headquarters of TECHNOLOGIES EXPERTISES RECHERCHES ANALYTIQUES EN ENVIRONNEMENT is located in CROLLES (38920), in the department Isere.

Where to find the tax return of TECHNOLOGIES EXPERTISES RECHERCHES ANALYTIQUES EN ENVIRONNEMENT ?

The tax return of TECHNOLOGIES EXPERTISES RECHERCHES ANALYTIQUES EN ENVIRONNEMENT 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 TECHNOLOGIES EXPERTISES RECHERCHES ANALYTIQUES EN ENVIRONNEMENT operate?

TECHNOLOGIES EXPERTISES RECHERCHES ANALYTIQUES EN ENVIRONNEMENT operates in the sector Activités spécialisées, scientifiques et techniques diverses (NAF code 74.90B). See the 'Sector positioning' section above to compare the company with its competitors.