SIREN : 499325140
TERTU is a French company founded 18 years ago, specialized in the sector Sciage et rabotage du bois, hors imprégnation. Based in VILLEDIEU-LES-BAILLEUL (61160), this company of category PME shows in 2024 a revenue of 14.0 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
| Indicator | 2024 | 2023 | 2022 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 14 036 518 € | 15 109 408 € | 6 060 690 € | 13 770 544 € | 12 805 585 € | 10 522 688 € | 12 842 349 € | 11 549 247 € | 9 684 731 € | 9 282 770 € |
| Net income | 293 003 € | 537 831 € | 157 556 € | 433 822 € | 592 668 € | 106 826 € | 528 753 € | 250 414 € | 365 353 € | 315 831 € |
| EBITDA | 454 705 € | 627 931 € | 121 252 € | 624 765 € | 943 521 € | 108 565 € | 957 424 € | 214 161 € | 657 740 € | 371 299 € |
| Net margin | 2.1% | 3.6% | 2.6% | 3.2% | 4.6% | 1.0% | 4.1% | 2.2% | 3.8% | 3.4% |
In 2024, TERTU achieves revenue of 14.0 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +5.3%. Slight decline of -7% vs 2023. After deducting consumption (7.2 M€), gross margin stands at 6.8 M€, i.e. a rate of 48%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 455 k€, representing 3.2% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 293 k€, i.e. 2.1% of revenue. This profit can be retained or distributed to shareholders.
14 036 518 €
6 801 111 €
454 705 €
382 317 €
293 003 €
3.2%
The debt ratio (= Financial debt / Equity x 100) stands at 26%. 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 55%. 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 3.8 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 2.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
25.71%
55.069%
2.704%
3.751
52.3%
In 2024, the debt ratio of TERTU (25.71) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2024, the financial autonomy of TERTU (55.1%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.
In 2024, the repayment capacity of TERTU (3.75) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 256.05. 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 25.5x. Operating income very largely covers interest expenses: high safety margin.
256.046
25.527
In 2024, the liquidity ratio of TERTU (256.05) 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.
In 2024, the interest coverage of TERTU (25.5x) 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) 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: 71 days. Excellent situation: suppliers finance 71 days of the operating cycle (retail model). Inventory turnover is 100 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 192 days of revenue, i.e. 7.5 M€ to permanently finance. Over 2016-2024, WCR increased by +59%, requiring additional financing.
7 497 746 €
0 j
71 j
100 j
192 j
Indicative estimate only : the number of comparable transactions in this sector is limited (34 transactions). This range of 563 973€ to 1 732 715€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 34 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare TERTU with other companies in the same sector:
Voir toutes les statistiques du secteur Sciage et rabotage du bois, hors imprégnation
The revenue of TERTU in 2024 is 14.0 M€.
Yes, TERTU generated a net profit of 293 k€ in 2024.
The headquarters of TERTU is located in VILLEDIEU-LES-BAILLEUL (61160), in the department Orne.
The tax return of TERTU 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).
TERTU operates in the sector Sciage et rabotage du bois, hors imprégnation (NAF code 16.10A). See the 'Sector positioning' section above to compare the company with its competitors.