TERTIAIRE & MEDICAL SERVICES : revenue, balance sheet and financial ratios

TERTIAIRE & MEDICAL SERVICES is a French company founded 18 years ago, specialized in the sector Activités des agences de travail temporaire . Based in LALOUBERE (65310), this company of category PME shows in 2024 a revenue of 1.9 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 - TERTIAIRE & MEDICAL SERVICES (SIREN 502878747)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 1 901 525 € 4 258 096 € 4 491 497 € 4 279 971 € 4 161 628 € 5 452 147 € 5 760 906 € 4 443 565 € 2 540 406 €
Net income 54 569 € 66 995 € 30 479 € 84 085 € 71 228 € 66 363 € 221 498 € 209 063 € 121 315 €
EBITDA -842 € 31 501 € -52 764 € 115 704 € 90 810 € 73 205 € 179 228 € 164 060 € 134 593 €
Net margin 2.9% 1.6% 0.7% 2.0% 1.7% 1.2% 3.8% 4.7% 4.8%

Revenue and income statement

In 2024, TERTIAIRE & MEDICAL SERVICES achieves revenue of 1.9 M€. Activity remains stable over the period (CAGR: -3.6%). Significant drop of -55% vs 2023. After deducting consumption (0 €), gross margin stands at 1.9 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -842 €, representing -0.0% of revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 55 k€, i.e. 2.9% 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

1 901 525 €

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

1 901 525 €

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

-842 €

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

43 607 €

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

54 569 €

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

-0.0%

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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 1%. 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 65%. 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 0.6 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 0.5% 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

0.522%

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

65.238%

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

0.461%

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

0.563

Solvency indicators evolution
TERTIAIRE & MEDICAL SERVICES

Sector positioning

Debt ratio
0.52 2024
2022
2023
2024
Q1: 0.0
Med: 2.73
Q3: 26.78
Good

In 2024, the debt ratio of TERTIAIRE & MEDICAL SERVICES (0.52) 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
65.24% 2024
2022
2023
2024
Q1: 11.73%
Med: 25.56%
Q3: 44.76%
Excellent +7 pts over 3 years

In 2024, the financial autonomy of TERTIAIRE & MEDICAL SERVICES (65.2%) 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
0.56 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.27 years
Average +50 pts over 3 years

In 2024, the repayment capacity of TERTIAIRE & MEDICAL SERVICES (0.56) 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 0.00. Alert: short-term debt exceeds current assets. Risk of payment difficulties without cash reinforcement.

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

0.0

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

-407.482

Liquidity indicators evolution
TERTIAIRE & MEDICAL SERVICES

Sector positioning

Liquidity ratio
0.0 2024
2022
2023
2024
Q1: 111.16
Med: 138.5
Q3: 192.32
Watch -68 pts over 3 years

In 2024, the liquidity ratio of TERTIAIRE & MEDICAL SERVICES (0.00) 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
-407.48x 2024
2022
2023
2024
Q1: -0.69x
Med: 0.0x
Q3: 1.34x
Watch

In 2024, the interest coverage of TERTIAIRE & MEDICAL SERVICES (-407.5x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

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: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 184 days. Excellent situation: suppliers finance 184 days of the operating cycle (retail model). WCR is negative (-49 days): operations structurally generate cash. Notable WCR improvement over the period (-163%), freeing up cash.

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

-260 243 €

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

184 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 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

-49 j

WCR and payment terms evolution
TERTIAIRE & MEDICAL SERVICES

Positioning of TERTIAIRE & MEDICAL SERVICES in its sector

Comparison with sector Activités des agences de travail temporaire

Valuation estimate

Based on 135 transactions of similar company sales (all years), the value of TERTIAIRE & MEDICAL SERVICES is estimated at 128 131 € (range 89 161€ - 262 046€). The price/revenue ratio is 0.08x (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 2024
135 transactions
89k€ 128k€ 262k€
128 131 € Range: 89 161€ - 262 046€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

Revenue Multiple 30%
1 901 525 € × 0.08x
Estimation 146 289 €
114 807€ - 261 526€
Net Income Multiple 20%
54 569 € × 1.8x
Estimation 100 894 €
50 693€ - 262 828€
How is this estimate calculated?

This estimate is based on the analysis of 135 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 agences de travail temporaire )

Compare TERTIAIRE & MEDICAL SERVICES with other companies in the same sector:

Voir toutes les statistiques du secteur Activités des agences de travail temporaire

Frequently asked questions about TERTIAIRE & MEDICAL SERVICES

What is the revenue of TERTIAIRE & MEDICAL SERVICES ?

The revenue of TERTIAIRE & MEDICAL SERVICES in 2024 is 1.9 M€.

Is TERTIAIRE & MEDICAL SERVICES profitable?

Yes, TERTIAIRE & MEDICAL SERVICES generated a net profit of 55 k€ in 2024.

Where is the headquarters of TERTIAIRE & MEDICAL SERVICES ?

The headquarters of TERTIAIRE & MEDICAL SERVICES is located in LALOUBERE (65310), in the department Hautes-Pyrenees.

Where to find the tax return of TERTIAIRE & MEDICAL SERVICES ?

The tax return of TERTIAIRE & MEDICAL SERVICES 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 TERTIAIRE & MEDICAL SERVICES operate?

TERTIAIRE & MEDICAL SERVICES operates in the sector Activités des agences de travail temporaire (NAF code 78.20Z). See the 'Sector positioning' section above to compare the company with its competitors.