SIREN : 382118404
TGSO is a French company founded 34 years ago, specialized in the sector Ingénierie, études techniques. Based in SAINTE-MARIE (35600), this company of category PME shows in 2025 a revenue of 5.4 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
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5 358 403 € | 5 210 909 € | 4 622 536 € | 4 651 425 € | 3 740 952 € | 3 523 055 € | 2 910 885 € | N/C | 2 253 082 € | 2 258 694 € |
| Net income | 339 971 € | 342 655 € | 357 720 € | 735 228 € | 527 730 € | 530 236 € | 313 684 € | 220 474 € | 186 205 € | 134 237 € |
| EBITDA | 501 535 € | 527 086 € | 525 282 € | 948 616 € | 764 133 € | 775 174 € | 405 046 € | N/C | 241 125 € | 292 670 € |
| Net margin | 6.3% | 6.6% | 7.7% | 15.8% | 14.1% | 15.1% | 10.8% | N/C | 8.3% | 5.9% |
In 2025, TGSO achieves revenue of 5.4 M€. Over the period 2016-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +10.1%. Vs 2024: +3%. After deducting consumption (16 k€), gross margin stands at 5.3 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 502 k€, representing 9.4% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 340 k€, i.e. 6.3% of revenue. This profit can be retained or distributed to shareholders.
5 358 403 €
5 342 714 €
501 535 €
451 326 €
339 971 €
9.3%
The debt ratio (= Financial debt / Equity x 100) stands at 99%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 31%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 3.4 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 6.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
99.292%
31.196%
6.877%
3.427
15.3%
In 2025, the debt ratio of TGSO (99.29) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.
In 2025, the financial autonomy of TGSO (31.2%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2025, the repayment capacity of TGSO (3.43) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.
The liquidity ratio (= Current assets / Current liabilities) stands at 233.78. 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 10.7x. Operating income very largely covers interest expenses: high safety margin.
233.782
10.743
In 2025, the liquidity ratio of TGSO (233.78) 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 2025, the interest coverage of TGSO (10.7x) 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: 166 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 39 days. The gap of 127 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 121 days of revenue, i.e. 1.8 M€ to permanently finance. Over 2016-2025, WCR increased by +104%, requiring additional financing.
1 802 888 €
166 j
39 j
0 j
121 j
Indicative estimate only : the number of comparable transactions in this sector is limited (34 transactions). This range of 364 233€ to 1 525 461€ 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 TGSO with other companies in the same sector:
Voir toutes les statistiques du secteur Ingénierie, études techniques
The revenue of TGSO in 2025 is 5.4 M€.
Yes, TGSO generated a net profit of 340 k€ in 2025.
The headquarters of TGSO is located in SAINTE-MARIE (35600), in the department Ille-et-Vilaine.
The tax return of TGSO 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).
TGSO operates in the sector Ingénierie, études techniques (NAF code 71.12B). See the 'Sector positioning' section above to compare the company with its competitors.