THE TRUCK COMPANY FRANCE : revenue, balance sheet and financial ratios

THE TRUCK COMPANY FRANCE is a French company founded 30 years ago, specialized in the sector Fabrication de carrosseries et remorques. Based in SAINT-POL-DE-LEON (29250), this company of category PME shows in 2024 a revenue of 7.0 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

Financial history - THE TRUCK COMPANY FRANCE (SIREN 401389564)
Indicator 2024 2023 2022 2021 2020 2019 2017 2016 2015 2014
Revenue 7 010 971 € 6 704 772 € 7 612 779 € 5 638 061 € 6 160 360 € 9 133 048 € 7 036 390 € 6 306 554 € 4 877 438 € 3 828 388 €
Net income -594 574 € -153 042 € 52 726 € -1 295 454 € -217 568 € 242 441 € 334 354 € 143 943 € 11 640 € -197 395 €
EBITDA -478 226 € -63 939 € 268 107 € -364 433 € -134 841 € 381 729 € 341 116 € 41 308 € -85 762 € -217 023 €
Net margin -8.5% -2.3% 0.7% -23.0% -3.5% 2.7% 4.8% 2.3% 0.2% -5.2%

Revenue and income statement

In 2024, THE TRUCK COMPANY FRANCE achieves revenue of 7.0 M€. Over the period 2014-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +6.2%. Vs 2023: +5%. After deducting consumption (3.6 M€), gross margin stands at 3.4 M€, i.e. a rate of 49%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -478 k€, representing -6.8% of revenue. Warning negative scissor effect: despite revenue change (+5%), EBITDA varies by -648%, reducing margin by 5.9 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -595 k€ (-8.5% of revenue), which will impact equity.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

7 010 971 €

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

3 420 324 €

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

-478 226 €

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

-590 845 €

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

-594 574 €

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

-6.8%

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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 223%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 10%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

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

223.128%

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

10.012%

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

-6.874%

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

-2.412

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

36.2%

Solvency indicators evolution
THE TRUCK COMPANY FRANCE

Sector positioning

Debt ratio
223.13 2024
2022
2023
2024
Q1: 4.79
Med: 27.7
Q3: 79.01
Watch +6 pts over 3 years

In 2024, the debt ratio of THE TRUCK COMPANY FRANCE (223.13) 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.

Financial autonomy
10.01% 2024
2022
2023
2024
Q1: 20.53%
Med: 39.52%
Q3: 57.49%
Average -9 pts over 3 years

In 2024, the financial autonomy of THE TRUCK COMPANY FRANCE (10.0%) 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
-2.41 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.89 years
Q3: 2.67 years
Excellent -50 pts over 3 years

In 2024, the repayment capacity of THE TRUCK COMPANY FRANCE (-2.41) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 129.90. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

129.896

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

-4.917

Liquidity indicators evolution
THE TRUCK COMPANY FRANCE

Sector positioning

Liquidity ratio
129.9 2024
2022
2023
2024
Q1: 153.1
Med: 220.25
Q3: 325.12
Watch -25 pts over 3 years

In 2024, the liquidity ratio of THE TRUCK COMPANY FRANCE (129.90) 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
-4.92x 2024
2022
2023
2024
Q1: 0.0x
Med: 2.31x
Q3: 8.74x
Watch -29 pts over 3 years

In 2024, the interest coverage of THE TRUCK COMPANY FRANCE (-4.9x) 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: 38 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 154 days. Excellent situation: suppliers finance 116 days of the operating cycle (retail model). Inventory turnover is 127 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 130 days of revenue, i.e. 2.5 M€ to permanently finance. Over 2014-2024, WCR increased by +145%, 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

2 540 776 €

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

38 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

154 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

127 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

130 j

WCR and payment terms evolution
THE TRUCK COMPANY FRANCE

Positioning of THE TRUCK COMPANY FRANCE in its sector

Comparison with sector Fabrication de carrosseries et remorques

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (31 transactions). This range of 816 540€ to 1 506 787€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
816k€ 1423k€ 1506k€
1 423 998 € Range: 816 540€ - 1 506 787€
NAF 5 all-time
How is this estimate calculated?

This estimate is based on the analysis of 31 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 (Fabrication de carrosseries et remorques)

Compare THE TRUCK COMPANY FRANCE with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication de carrosseries et remorques

Frequently asked questions about THE TRUCK COMPANY FRANCE

What is the revenue of THE TRUCK COMPANY FRANCE ?

The revenue of THE TRUCK COMPANY FRANCE in 2024 is 7.0 M€.

Is THE TRUCK COMPANY FRANCE profitable?

THE TRUCK COMPANY FRANCE recorded a net loss in 2024.

Where is the headquarters of THE TRUCK COMPANY FRANCE ?

The headquarters of THE TRUCK COMPANY FRANCE is located in SAINT-POL-DE-LEON (29250), in the department Finistere.

Where to find the tax return of THE TRUCK COMPANY FRANCE ?

The tax return of THE TRUCK COMPANY FRANCE 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 THE TRUCK COMPANY FRANCE operate?

THE TRUCK COMPANY FRANCE operates in the sector Fabrication de carrosseries et remorques (NAF code 29.20Z). See the 'Sector positioning' section above to compare the company with its competitors.