TIERCELIN TRAVAUX ET SERVICES : revenue, balance sheet and financial ratios

TIERCELIN TRAVAUX ET SERVICES is a French company founded 6 years ago, specialized in the sector Activités de soutien aux cultures. Based in SAINT-LAURENT-EN-CAUX (76560), this company of category PME shows in 2025 a revenue of 3.4 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 - TIERCELIN TRAVAUX ET SERVICES (SIREN 850937384)
Indicator 2025 2024 2023 2022 2021 2020
Revenue 3 359 735 € 3 305 644 € 3 216 280 € 2 798 503 € 2 479 254 € 2 294 344 €
Net income 146 865 € 100 441 € 132 228 € 50 890 € 73 715 € 4 190 €
EBITDA 111 121 € 20 521 € 69 269 € 29 759 € 87 284 € -64 709 €
Net margin 4.4% 3.0% 4.1% 1.8% 3.0% 0.2%

Revenue and income statement

In 2025, TIERCELIN TRAVAUX ET SERVICES achieves revenue of 3.4 M€. Over the period 2020-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +7.9%. Vs 2024: +2%. After deducting consumption (325 k€), gross margin stands at 3.0 M€, i.e. a rate of 90%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 111 k€, representing 3.3% of revenue. Positive scissor effect: EBITDA margin improves by +2.7 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 147 k€, i.e. 4.4% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2025) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

3 359 735 €

Gross margin (2025) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

3 034 457 €

EBITDA (2025) ?
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

111 121 €

EBIT (2025) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

203 855 €

Net income (2025) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

146 865 €

EBITDA margin (2025) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

3.3%

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Chart evolution

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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 42%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 28%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.7 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 1.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2025) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

42.479%

Financial autonomy (2025) ?
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

27.531%

Cash flow / Revenue (2025) ?
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

1.565%

Repayment capacity (2025) ?
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

0.698

Asset age ratio (2025) ?
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

52.7%

Solvency indicators evolution
TIERCELIN TRAVAUX ET SERVICES

Sector positioning

Debt ratio
42.48 2025
2023
2024
2025
Q1: 39.76
Med: 135.3
Q3: 385.12
Good -21 pts over 3 years

In 2025, the debt ratio of TIERCELIN TRAVAUX ET SERV... (42.48) 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
27.53% 2025
2023
2024
2025
Q1: 13.08%
Med: 28.76%
Q3: 47.53%
Average +10 pts over 3 years

In 2025, the financial autonomy of TIERCELIN TRAVAUX ET SERV... (27.5%) 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
0.7 years 2025
2023
2024
2025
Q1: 0.57 years
Med: 2.37 years
Q3: 4.61 years
Good -40 pts over 3 years

In 2025, the repayment capacity of TIERCELIN TRAVAUX ET SERV... (0.70) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 133.68. 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 12.8x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2025) ?
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

133.676

Interest coverage (2025) ?
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

12.828

Liquidity indicators evolution
TIERCELIN TRAVAUX ET SERVICES

Sector positioning

Liquidity ratio
133.68 2025
2023
2024
2025
Q1: 113.86
Med: 203.54
Q3: 368.39
Average

In 2025, the liquidity ratio of TIERCELIN TRAVAUX ET SERV... (133.68) 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.

Interest coverage
12.83x 2025
2023
2024
2025
Q1: 0.43x
Med: 4.4x
Q3: 10.86x
Excellent

In 2025, the interest coverage of TIERCELIN TRAVAUX ET SERV... (12.8x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 126 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 122 days. The company must finance 4 days of gap between collections and payments. Overall, WCR represents 161 days of revenue, i.e. 1.5 M€ to permanently finance. Over 2020-2025, WCR increased by +37%, requiring additional financing.

Operating WCR (2025) ?
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

1 497 971 €

Customer credit (2025) ?
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

126 j

Supplier credit (2025) ?
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

122 j

Inventory turnover (2025) ?
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 (2025) ?
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

161 j

WCR and payment terms evolution
TIERCELIN TRAVAUX ET SERVICES

Positioning of TIERCELIN TRAVAUX ET SERVICES in its sector

Comparison with sector Activités de soutien aux cultures

Valuation estimate

Based on 50 transactions of similar company sales (all years), the value of TIERCELIN TRAVAUX ET SERVICES is estimated at 573 745 € (range 199 755€ - 1 073 767€). With an EBITDA of 111 121€, the sector multiple of 2.7x is applied. The price/revenue ratio is 0.37x (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.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2025
50 tx
199k€ 573k€ 1073k€
573 745 € Range: 199 755€ - 1 073 767€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
111 121 € × 2.7x
Estimation 304 149 €
113 208€ - 476 097€
Revenue Multiple 30%
3 359 735 € × 0.37x
Estimation 1 232 718 €
398 146€ - 2 277 539€
Net Income Multiple 20%
146 865 € × 1.8x
Estimation 259 276 €
118 537€ - 762 288€
How is this estimate calculated?

This estimate is based on the analysis of 50 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 de soutien aux cultures)

Compare TIERCELIN TRAVAUX ET SERVICES with other companies in the same sector:

Voir toutes les statistiques du secteur Activités de soutien aux cultures

Frequently asked questions about TIERCELIN TRAVAUX ET SERVICES

What is the revenue of TIERCELIN TRAVAUX ET SERVICES ?

The revenue of TIERCELIN TRAVAUX ET SERVICES in 2025 is 3.4 M€.

Is TIERCELIN TRAVAUX ET SERVICES profitable?

Yes, TIERCELIN TRAVAUX ET SERVICES generated a net profit of 147 k€ in 2025.

Where is the headquarters of TIERCELIN TRAVAUX ET SERVICES ?

The headquarters of TIERCELIN TRAVAUX ET SERVICES is located in SAINT-LAURENT-EN-CAUX (76560), in the department Seine-Maritime.

Where to find the tax return of TIERCELIN TRAVAUX ET SERVICES ?

The tax return of TIERCELIN TRAVAUX ET 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 TIERCELIN TRAVAUX ET SERVICES operate?

TIERCELIN TRAVAUX ET SERVICES operates in the sector Activités de soutien aux cultures (NAF code 01.61Z). See the 'Sector positioning' section above to compare the company with its competitors.