TERRASSEMENTS ET CANALISATIONS : revenue, balance sheet and financial ratios

TERRASSEMENTS ET CANALISATIONS is a French company founded 44 years ago, specialized in the sector Construction de réseaux pour fluides. Based in LAGNY-SUR-MARNE (77400), this company of category PME shows in 2024 a revenue of 23.0 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 - TERRASSEMENTS ET CANALISATIONS (SIREN 305587032)
Indicator 2024 2023 2021 2020 2019 2018 2017 2016
Revenue 22 959 943 € 20 669 673 € 16 457 370 € 15 130 235 € 17 663 763 € 25 452 616 € 19 180 664 € 19 333 686 €
Net income 704 408 € 645 207 € 304 465 € 274 984 € 518 756 € 875 304 € 707 061 € 605 006 €
EBITDA 1 296 795 € 582 261 € 653 643 € 900 550 € -234 067 € 2 714 458 € 926 491 € 556 265 €
Net margin 3.1% 3.1% 1.9% 1.8% 2.9% 3.4% 3.7% 3.1%

Revenue and income statement

In 2024, TERRASSEMENTS ET CANALISATIONS achieves revenue of 23.0 M€. Revenue is growing positively over 8 years (CAGR: +2.2%). Vs 2023, growth of +11% (20.7 M€ -> 23.0 M€). After deducting consumption (4.8 M€), gross margin stands at 18.2 M€, i.e. a rate of 79%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.3 M€, representing 5.6% of revenue. Positive scissor effect: EBITDA margin improves by +2.8 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 704 k€, i.e. 3.1% 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

22 959 943 €

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

18 176 303 €

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

1 296 795 €

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

711 190 €

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

704 408 €

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

5.6%

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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 11%. 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 25%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.7 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 4.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

11.371%

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

24.793%

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

4.876%

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

0.735

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

25.5%

Solvency indicators evolution
TERRASSEMENTS ET CANALISATIONS

Sector positioning

Debt ratio
11.37 2024
2021
2023
2024
Q1: 1.15
Med: 24.5
Q3: 76.99
Good

In 2024, the debt ratio of TERRASSEMENTS ET CANALISA... (11.37) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
24.79% 2024
2021
2023
2024
Q1: 16.46%
Med: 32.68%
Q3: 51.92%
Average -22 pts over 3 years

In 2024, the financial autonomy of TERRASSEMENTS ET CANALISA... (24.8%) 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
0.73 years 2024
2021
2023
2024
Q1: 0.0 years
Med: 0.65 years
Q3: 2.23 years
Average -17 pts over 3 years

In 2024, the repayment capacity of TERRASSEMENTS ET CANALISA... (0.73) 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 434.15. 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 0.8x. 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

434.149

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

0.826

Liquidity indicators evolution
TERRASSEMENTS ET CANALISATIONS

Sector positioning

Liquidity ratio
434.15 2024
2021
2023
2024
Q1: 137.66
Med: 183.25
Q3: 263.2
Excellent

In 2024, the liquidity ratio of TERRASSEMENTS ET CANALISA... (434.15) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
0.83x 2024
2021
2023
2024
Q1: 0.0x
Med: 1.07x
Q3: 7.11x
Average -6 pts over 3 years

In 2024, the interest coverage of TERRASSEMENTS ET CANALISA... (0.8x) 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. Average customer payment term: 56 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 75 days. Favorable situation: supplier credit is longer than customer credit by 19 days. Inventory turnover is 275 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 64 days of revenue, i.e. 4.1 M€ to permanently finance. Over 2016-2024, WCR increased by +46%, 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

4 051 741 €

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

56 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

75 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

275 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

64 j

WCR and payment terms evolution
TERRASSEMENTS ET CANALISATIONS

Positioning of TERRASSEMENTS ET CANALISATIONS in its sector

Comparison with sector Construction de réseaux pour fluides

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (33 transactions). This range of 836 727€ to 4 594 595€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
836k€ 1076k€ 4594k€
1 076 746 € Range: 836 727€ - 4 594 595€
NAF 5 all-time
How is this estimate calculated?

This estimate is based on the analysis of 33 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 (Construction de réseaux pour fluides)

Compare TERRASSEMENTS ET CANALISATIONS with other companies in the same sector:

Voir toutes les statistiques du secteur Construction de réseaux pour fluides

Frequently asked questions about TERRASSEMENTS ET CANALISATIONS

What is the revenue of TERRASSEMENTS ET CANALISATIONS ?

The revenue of TERRASSEMENTS ET CANALISATIONS in 2024 is 23.0 M€.

Is TERRASSEMENTS ET CANALISATIONS profitable?

Yes, TERRASSEMENTS ET CANALISATIONS generated a net profit of 704 k€ in 2024.

Where is the headquarters of TERRASSEMENTS ET CANALISATIONS ?

The headquarters of TERRASSEMENTS ET CANALISATIONS is located in LAGNY-SUR-MARNE (77400), in the department Seine-et-Marne.

Where to find the tax return of TERRASSEMENTS ET CANALISATIONS ?

The tax return of TERRASSEMENTS ET CANALISATIONS 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 TERRASSEMENTS ET CANALISATIONS operate?

TERRASSEMENTS ET CANALISATIONS operates in the sector Construction de réseaux pour fluides (NAF code 42.21Z). See the 'Sector positioning' section above to compare the company with its competitors.