TIRCIS : revenue, balance sheet and financial ratios

TIRCIS is a French company founded 27 years ago, specialized in the sector Conseil en systèmes et logiciels informatiques. Based in SAINT-MARTIN-VESUBIE (06450), this company of category PME shows in 2017 a revenue of 130 k€. 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

Financial history - TIRCIS (SIREN 418910980)
Indicator 2017 2016
Revenue 130 028 € 130 651 €
Net income 537 € 1 397 €
EBITDA 2 279 € 2 381 €
Net margin 0.4% 1.1%

Revenue and income statement

Im Jahr 2017 erzielt TIRCIS einen Umsatz von 130 k€. Leichter Rückgang von -0% vs 2016. Nach Abzug des Verbrauchs (4 k€) beträgt die Bruttomarge 126 k€, d.h. eine Rate von 97%. Dieses Verhältnis misst die Fähigkeit, aus der Geschäftstätigkeit Wert zu schaffen. EBITDA (= Bruttomarge - Personalkosten - Steuern) erreicht 2 k€, was 1.8% des Umsatzes entspricht. Die operative Marge bleibt fragil und erfordert Kostenwachsamkeit. Das Nettoergebnis beträgt 537 €, d.h. 0.4% des Umsatzes.

Revenue (2017) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

130 028 €

Gross margin (2017) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

125 649 €

EBITDA (2017) ?
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

2 279 €

EBIT (2017) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

632 €

Net income (2017) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

537 €

EBITDA margin (2017) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

1.8%

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

Die Verschuldungsquote (= Finanzschulden / Eigenkapital x 100) beträgt 10%. Dieses niedrige Niveau spiegelt eine solide Finanzstruktur wider. Die finanzielle Autonomie (= Eigenkapital / Bilanzsumme x 100) erreicht 72%. Diese hohe Autonomie bedeutet, dass das Unternehmen den Großteil seiner Vermögenswerte durch Eigenkapital finanziert. Die Schuldenrückzahlungskapazität zeigt, dass es 4.5 Jahre Cashflow braucht. Diese Kennzahl bleibt innerhalb der üblichen Bankstandards. Der Cashflow beträgt 1.7% des Umsatzes.

Debt ratio (2017) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

9.704%

Financial autonomy (2017) ?
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

72.253%

Cash flow / Revenue (2017) ?
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

1.721%

Repayment capacity (2017) ?
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

4.468

Asset age ratio (2017) ?
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

71.0%

Solvency indicators evolution
TIRCIS

Sector positioning

Verschuldungsgrad
9.7 2017
2016
2017
Q1: 0.0
Med: 3.26
Q3: 30.56
Average

Im Jahr 2017 liegt über dem Median der Branche das verschuldungsgrad von TIRCIS (9.70). Dieses Verhältnis misst das Gewicht der Schulden im Verhältnis zum Eigenkapital. Eine Reduzierung könnte die finanzielle Stärke verbessern.

Finanzielle Autonomie
72.25% 2017
2016
2017
Q1: 4.81%
Med: 31.03%
Q3: 57.62%
Ausgezeichnet

Im Jahr 2017 liegt in den oberen 25% der Branche das finanzielle autonomie von TIRCIS (72.2%). Dieses Verhältnis stellt den Anteil des Eigenkapitals an der Gesamtfinanzierung dar. Hohe Autonomie spiegelt finanzielle Unabhängigkeit und Fähigkeit wider, Schocks zu absorbieren.

Rückzahlungsfähigkeit
4.47 ans 2017
2016
2017
Q1: 0.0 ans
Med: 0.0 ans
Q3: 0.4 ans
Average

Im Jahr 2017 liegt über dem Median der Branche das rückzahlungsfähigkeit von TIRCIS (4.5 ans). Dieses Verhältnis gibt die Anzahl der Jahre an, die zur Rückzahlung der Schulden mit dem Cashflow benötigt werden. Eine Reduzierung könnte die finanzielle Stärke verbessern.

Liquidity ratios

Die Liquiditätsquote beträgt 941.81. Das Unternehmen verfügt über 2€ liquide Mittel für jeden 1€ kurzfristiger Schulden.

Liquidity ratio (2017) ?
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

941.812

Interest coverage (2017) ?
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
TIRCIS

Sector positioning

Liquiditätsquote
941.81 2017
2016
2017
Q1: 140.06
Med: 214.95
Q3: 385.83
Ausgezeichnet

Im Jahr 2017 liegt in den oberen 25% der Branche das liquiditätsquote von TIRCIS (941.81). Dieses Verhältnis misst die Fähigkeit, kurzfristige Schulden mit Umlaufvermögen zu decken. Ein Verhältnis über 1 gewährleistet komfortable Deckung kurzfristiger Fälligkeiten.

Zinsdeckung
0.0x 2017
2016
2017
Q1: 0.0x
Med: 0.0x
Q3: 0.6x
Average

Im Jahr 2017 liegt unter dem Median der Branche das zinsdeckung von TIRCIS (0.0x). Dieses Verhältnis gibt an, wie oft das Betriebsergebnis die Zinsaufwendungen deckt. Eine Verbesserung würde die Wettbewerbsposition stärken.

Working capital requirement (WCR) and payment terms

Der Betriebskapitalbedarf (WCR) misst die zeitliche Lücke. Durchschnittliche Kundenzahlungsfrist: 115 Tage. Lieferantenfrist: 30 Tage. Die Lücke von 85 Tagen belastet den Cashflow. Der WCR repräsentiert 68 Tage Umsatz.

Operating WCR (2017) ?
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

24 705 €

Customer credit (2017) ?
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

115 j

Supplier credit (2017) ?
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

30 j

Inventory turnover (2017) ?
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 (2017) ?
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

68 j

WCR and payment terms evolution
TIRCIS

Positioning of TIRCIS in its sector

Comparison with sector Conseil en systèmes et logiciels informatiques

Valuation estimate

Based on 215 transactions of similar company sales (all years), the value of TIRCIS is estimated at 7 532 € (range 3 847€ - 16 820€). With an EBITDA of 2 279€, the sector multiple of 1.0x is applied. The price/revenue ratio is 0.16x (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 2017
215 transactions
3k€ 7k€ 16k€
7 532 € Range: 3 847€ - 16 820€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
2 279 € × 1.0x
Estimation 2 226 €
841€ - 9 836€
Revenue Multiple 30%
130 028 € × 0.16x
Estimation 20 871 €
11 195€ - 38 125€
Net Income Multiple 20%
537 € × 1.5x
Estimation 792 €
342€ - 2 326€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 215 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 (Conseil en systèmes et logiciels informatiques)

Compare TIRCIS with other companies in the same sector:

Voir toutes les statistiques du secteur Conseil en systèmes et logiciels informatiques

Frequently asked questions about TIRCIS

What is the revenue of TIRCIS ?

The revenue of TIRCIS in 2017 is 130 k€.

Is TIRCIS profitable?

Yes, TIRCIS generated a net profit of 537€ in 2017.

Where is the headquarters of TIRCIS ?

The headquarters of TIRCIS is located in SAINT-MARTIN-VESUBIE (06450), in the department Alpes-Maritimes.

Where to find the tax return of TIRCIS ?

The tax return of TIRCIS 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 TIRCIS operate?

TIRCIS operates in the sector Conseil en systèmes et logiciels informatiques (NAF code 62.02A). See the 'Sector positioning' section above to compare the company with its competitors.