T.E.T (TRANS EUROP TRAINS) : revenue, balance sheet and financial ratios

T.E.T (TRANS EUROP TRAINS) is a French company founded 31 years ago, specialized in the sector Commerce de gros (commerce interentreprises) d'autres biens domestiques . Based in PARIS (75009), this company of category PME shows in 2023 a revenue of 257 k€. 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 - T.E.T (TRANS EUROP TRAINS) (SIREN 400335923)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 257 269 € 267 486 € 150 683 € 178 160 € 266 897 € 240 866 € 223 899 € 274 054 €
Net income 6 503 € 16 857 € -47 182 € 10 171 € 6 877 € 5 074 € -30 268 € 5 910 €
EBITDA 5 350 € 18 760 € -47 091 € 10 170 € 6 908 € 6 225 € -29 670 € 7 221 €
Net margin 2.5% 6.3% -31.3% 5.7% 2.6% 2.1% -13.5% 2.2%

Revenue and income statement

En 2023, T.E.T (TRANS EUROP TRAINS) alcanza unos ingresos de 257 k€. La actividad permanece estable durante el período (TCAC: -0.9%). Ligera caída de -4% vs 2022. Tras deducir el consumo (164 k€), el margen bruto se sitúa en 93 k€, es decir, una tasa del 36%. El EBITDA alcanza 5 k€, representando el 2.1% de los ingresos. Advertencia efecto tijera negativo: a pesar del cambio en ingresos (-4%), el EBITDA varía en -71%, reduciendo el margen en 4.9 puntos. El margen operativo sigue siendo frágil, requiriendo vigilancia de costes. El resultado neto asciende a 7 k€, es decir, el 2.5% de los ingresos.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

257 269 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

93 012 €

EBITDA (2023) ?
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

5 350 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

5 352 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

6 503 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

2.1%

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

El ratio de endeudamiento (= Deuda financiera / Fondos propios x 100) se sitúa en 6%. Este nivel muy bajo refleja una estructura financiera sólida. La autonomía financiera (= Fondos propios / Total activo x 100) alcanza el 3%. Baja autonomía: la empresa depende fuertemente de financiación externa. El flujo de caja representa el 2.5% de los ingresos.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

5.578%

Financial autonomy (2023) ?
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

3.152%

Cash flow / Revenue (2023) ?
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

2.528%

Repayment capacity (2023) ?
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

0.0

Solvency indicators evolution
T.E.T (TRANS EUROP TRAINS)

Sector positioning

Ratio de endeudamiento
5.58 2023
2021
2022
2023
Q1: 0.15
Med: 18.97
Q3: 67.19
Bueno -43 pts over 3 years

En 2023, el ratio de endeudamiento de T.E.T (TRANS EUROP TRAINS) (5.58) se sitúa por debajo de la mediana del sector. Este ratio mide el peso de la deuda en relación con el patrimonio. Esta posición controlada refleja una gestión prudente.

Autonomía financiera
3.15% 2023
2021
2022
2023
Q1: 15.58%
Med: 39.16%
Q3: 61.26%
Average -42 pts over 3 years

En 2023, el autonomía financiera de T.E.T (TRANS EUROP TRAINS) (3.1%) se sitúa por debajo de la mediana del sector. Este ratio representa la parte del patrimonio en la financiación total. Una mejora fortalecería la posición competitiva.

Capacidad de reembolso
0.0 ans 2023
2021
2022
2023
Q1: 0.0 ans
Med: 0.05 ans
Q3: 2.2 ans
Excelente

En 2023, el capacidad de reembolso de T.E.T (TRANS EUROP TRAINS) (0.0 an) se sitúa en el 25% más bajo del sector, lo cual es positivo. Este ratio indica el número de años necesarios para pagar la deuda con flujo de caja. Una capacidad corta refleja deuda controlada y buena generación de efectivo.

Liquidity ratios

El ratio de liquidez se sitúa en 219.62. La empresa tiene 2€ de activos líquidos por cada 1€ de deuda a corto plazo.

Liquidity ratio (2023) ?
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

219.62

Interest coverage (2023) ?
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

0.0

Liquidity indicators evolution
T.E.T (TRANS EUROP TRAINS)

Sector positioning

Ratio de liquidez
219.62 2023
2021
2022
2023
Q1: 150.77
Med: 236.31
Q3: 432.28
Average +14 pts over 3 years

En 2023, el ratio de liquidez de T.E.T (TRANS EUROP TRAINS) (219.62) se sitúa por debajo de la mediana del sector. Este ratio mide la capacidad de cubrir deuda a corto plazo con activos corrientes. Una mejora fortalecería la posición competitiva.

Cobertura de intereses
0.0x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.5x
Q3: 6.64x
Average

En 2023, el cobertura de intereses de T.E.T (TRANS EUROP TRAINS) (0.0x) se sitúa por debajo de la mediana del sector. Este ratio indica cuántas veces el resultado operativo cubre los gastos de intereses. Una mejora fortalecería la posición competitiva.

Working capital requirement (WCR) and payment terms

El fondo de maniobra operativo (FM) mide el desfase temporal de tesorería. La rotación de existencias es de 168 días. Este alto nivel inmoviliza tesorería y potencialmente crea riesgo de obsolescencia. El FM representa 45 días de ingresos. Notable mejora del FM durante el período (-77%), liberando tesorería.

Operating WCR (2023) ?
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

32 074 €

Customer credit (2023) ?
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 (2023) ?
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

0 j

Inventory turnover (2023) ?
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

168 j

WCR in days of revenue (2023) ?
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

45 j

WCR and payment terms evolution
T.E.T (TRANS EUROP TRAINS)

Positioning of T.E.T (TRANS EUROP TRAINS) in its sector

Comparison with sector Commerce de gros (commerce interentreprises) d'autres biens domestiques

Valuation estimate

Based on 145 transactions of similar company sales (all years), the value of T.E.T (TRANS EUROP TRAINS) is estimated at 26 057 € (range 11 715€ - 64 965€). With an EBITDA of 5 350€, the sector multiple of 2.6x is applied. The price/revenue ratio is 0.19x (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 2023
145 transactions
11k€ 26k€ 64k€
26 057 € Range: 11 715€ - 64 965€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
5 350 € × 2.6x
Estimation 13 944 €
5 073€ - 39 195€
Revenue Multiple 30%
257 269 € × 0.19x
Estimation 49 222 €
27 704€ - 125 484€
Net Income Multiple 20%
6 503 € × 3.3x
Estimation 21 596 €
4 342€ - 38 615€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 145 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 (Commerce de gros (commerce interentreprises) d'autres biens domestiques )

Compare T.E.T (TRANS EUROP TRAINS) with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de gros (commerce interentreprises) d'autres biens domestiques

Frequently asked questions about T.E.T (TRANS EUROP TRAINS)

What is the revenue of T.E.T (TRANS EUROP TRAINS) ?

The revenue of T.E.T (TRANS EUROP TRAINS) in 2023 is 257 k€.

Is T.E.T (TRANS EUROP TRAINS) profitable?

Yes, T.E.T (TRANS EUROP TRAINS) generated a net profit of 7 k€ in 2023.

Where is the headquarters of T.E.T (TRANS EUROP TRAINS) ?

The headquarters of T.E.T (TRANS EUROP TRAINS) is located in PARIS (75009), in the department Paris.

Where to find the tax return of T.E.T (TRANS EUROP TRAINS) ?

The tax return of T.E.T (TRANS EUROP TRAINS) 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 T.E.T (TRANS EUROP TRAINS) operate?

T.E.T (TRANS EUROP TRAINS) operates in the sector Commerce de gros (commerce interentreprises) d'autres biens domestiques (NAF code 46.49Z). See the 'Sector positioning' section above to compare the company with its competitors.