SIREN : 592047542
TMF OPERATING is a French company founded 67 years ago, specialized in the sector Affrètement et organisation des transports . Based in AVIGNON (84000), this company of category ETI shows in 2024 a revenue of 49.0 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 49 032 766 € | 46 344 284 € | 45 622 809 € | 44 136 143 € | 53 040 314 € | 47 036 483 € | 43 102 782 € | 38 545 457 € | 38 970 928 € |
| Net income | 2 321 841 € | 3 620 044 € | 2 481 029 € | 635 763 € | 990 250 € | 1 099 991 € | 1 024 392 € | 960 968 € | 775 205 € |
| EBITDA | -178 068 € | -500 278 € | 552 756 € | 544 300 € | 401 183 € | 411 001 € | 1 150 609 € | 881 375 € | 724 620 € |
| Net margin | 4.7% | 7.8% | 5.4% | 1.4% | 1.9% | 2.3% | 2.4% | 2.5% | 2.0% |
In 2024, TMF OPERATING achieves revenue of 49.0 M€. Revenue is growing positively over 9 years (CAGR: +2.9%). Vs 2023: +6%. After deducting consumption (-155 k€), gross margin stands at 49.2 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 -178 k€, representing -0.4% of revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 2.3 M€, i.e. 4.7% of revenue. This profit can be retained or distributed to shareholders.
49 032 766 €
49 187 682 €
-178 068 €
656 497 €
2 321 841 €
-0.4%
The debt ratio (= Financial debt / Equity x 100) stands at 74%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 38%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 5.9 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 2.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
73.967%
37.552%
2.911%
5.941
35.5%
In 2024, the debt ratio of TMF OPERATING (73.97) 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 2024, the financial autonomy of TMF OPERATING (37.5%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.
In 2024, the repayment capacity of TMF OPERATING (5.94) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.
The liquidity ratio (= Current assets / Current liabilities) stands at 242.79. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
242.79
-75.302
In 2024, the liquidity ratio of TMF OPERATING (242.79) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.
In 2024, the interest coverage of TMF OPERATING (-75.3x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 67 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 53 days. The company must finance 14 days of gap between collections and payments. Inventory turnover is 5 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 145 days of revenue, i.e. 19.8 M€ to permanently finance. Over 2016-2024, WCR increased by +233%, requiring additional financing.
19 800 902 €
67 j
53 j
5 j
145 j
Indicative estimate only : the number of comparable transactions in this sector is limited (23 transactions). This range of 590 226€ to 4 916 615€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 23 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 TMF OPERATING with other companies in the same sector:
Voir toutes les statistiques du secteur Affrètement et organisation des transports
The revenue of TMF OPERATING in 2024 is 49.0 M€.
Yes, TMF OPERATING generated a net profit of 2.3 M€ in 2024.
The headquarters of TMF OPERATING is located in AVIGNON (84000), in the department Vaucluse.
The tax return of TMF OPERATING 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).
TMF OPERATING operates in the sector Affrètement et organisation des transports (NAF code 52.29B). See the 'Sector positioning' section above to compare the company with its competitors.