TOTAL CARGO EXPERTISE - TCE : revenue, balance sheet and financial ratios

TOTAL CARGO EXPERTISE - TCE is a French company founded 30 years ago, specialized in the sector Conseil pour les affaires et autres conseils de gestion. Based in ROISSY-EN-FRANCE (95700), this company of category ETI shows in 2024 a revenue of 24.3 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-18

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - TOTAL CARGO EXPERTISE - TCE (SIREN 405134891)
Indicator 2024 2023 2021 2020 2019 2018 2017 2016
Revenue 24 333 343 € 19 413 361 € 15 959 448 € 8 189 060 € 10 281 173 € 824 052 € 701 269 € 271 642 €
Net income 2 089 143 € 1 560 428 € 2 287 490 € 1 235 425 € -887 707 € 4 163 € -73 820 € 63 275 €
EBITDA 1 577 712 € 2 222 686 € 2 874 492 € 1 938 396 € -807 938 € -331 357 € -66 980 € 83 872 €
Net margin 8.6% 8.0% 14.3% 15.1% -8.6% 0.5% -10.5% 23.3%

Revenue and income statement

In 2024, TOTAL CARGO EXPERTISE - TCE achieves revenue of 24.3 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +75.4%. Vs 2023, growth of +25% (19.4 M€ -> 24.3 M€). After deducting consumption (0 €), gross margin stands at 24.3 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 1.6 M€, representing 6.5% of revenue. Warning negative scissor effect: despite revenue change (+25%), EBITDA varies by -29%, reducing margin by 5.0 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 2.1 M€, i.e. 8.6% of revenue. This profit can be retained or distributed to shareholders.

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

24 333 343 €

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

24 333 343 €

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

1 577 712 €

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

1 616 176 €

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

2 089 143 €

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

6.5%

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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 48%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 6%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.5 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 8.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

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

47.556%

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

5.782%

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

8.647%

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

0.482

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

11.9%

Solvency indicators evolution
TOTAL CARGO EXPERTISE - TCE

Sector positioning

Debt ratio
47.56 2024
2021
2023
2024
Q1: 0.0
Med: 4.0
Q3: 41.75
Average +50 pts over 3 years

In 2024, the debt ratio of TOTAL CARGO EXPERTISE - TCE (47.56) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
5.78% 2024
2021
2023
2024
Q1: 4.27%
Med: 38.89%
Q3: 76.46%
Average -7 pts over 3 years

In 2024, the financial autonomy of TOTAL CARGO EXPERTISE - TCE (5.8%) 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
0.48 years 2024
2021
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 1.1 years
Average +36 pts over 3 years

In 2024, the repayment capacity of TOTAL CARGO EXPERTISE - TCE (0.48) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 110.83. 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 4.5x. Financial charges are adequately covered by operations.

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

110.831

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

4.512

Liquidity indicators evolution
TOTAL CARGO EXPERTISE - TCE

Sector positioning

Liquidity ratio
110.83 2024
2021
2023
2024
Q1: 138.89
Med: 313.79
Q3: 966.61
Average

In 2024, the liquidity ratio of TOTAL CARGO EXPERTISE - TCE (110.83) 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
4.51x 2024
2021
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 0.27x
Excellent

In 2024, the interest coverage of TOTAL CARGO EXPERTISE - TCE (4.5x) 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: 351 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 468 days. Excellent situation: suppliers finance 117 days of the operating cycle (retail model). Overall, WCR represents 466 days of revenue, i.e. 31.5 M€ to permanently finance. Over 2016-2024, WCR increased by +93078%, 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

31 487 103 €

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

351 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

468 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

0 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

466 j

WCR and payment terms evolution
TOTAL CARGO EXPERTISE - TCE

Positioning of TOTAL CARGO EXPERTISE - TCE in its sector

Comparison with sector Conseil pour les affaires et autres conseils de gestion

Valuation estimate

Based on 69 transactions of similar company sales in 2024, the value of TOTAL CARGO EXPERTISE - TCE is estimated at 11 062 864 € (range 4 559 708€ - 17 940 548€). With an EBITDA of 1 577 712€, the sector multiple of 4.3x is applied. The price/revenue ratio is 0.66x (in line with sector norms). 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 2024
69 tx
4559k€ 11062k€ 17940k€
11 062 864 € Range: 4 559 708€ - 17 940 548€
NAF 5 année 2024

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
1 577 712 € × 4.3x
Estimation 6 718 433 €
1 335 714€ - 10 756 386€
Revenue Multiple 30%
24 333 343 € × 0.66x
Estimation 16 033 243 €
9 330 875€ - 17 728 889€
Net Income Multiple 20%
2 089 143 € × 6.9x
Estimation 14 468 376 €
5 462 943€ - 36 218 442€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 69 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 pour les affaires et autres conseils de gestion)

Compare TOTAL CARGO EXPERTISE - TCE with other companies in the same sector:

Voir toutes les statistiques du secteur Conseil pour les affaires et autres conseils de gestion

Frequently asked questions about TOTAL CARGO EXPERTISE - TCE

What is the revenue of TOTAL CARGO EXPERTISE - TCE ?

The revenue of TOTAL CARGO EXPERTISE - TCE in 2024 is 24.3 M€.

Is TOTAL CARGO EXPERTISE - TCE profitable?

Yes, TOTAL CARGO EXPERTISE - TCE generated a net profit of 2.1 M€ in 2024.

Where is the headquarters of TOTAL CARGO EXPERTISE - TCE ?

The headquarters of TOTAL CARGO EXPERTISE - TCE is located in ROISSY-EN-FRANCE (95700), in the department Val-d'Oise.

Where to find the tax return of TOTAL CARGO EXPERTISE - TCE ?

The tax return of TOTAL CARGO EXPERTISE - TCE 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 TOTAL CARGO EXPERTISE - TCE operate?

TOTAL CARGO EXPERTISE - TCE operates in the sector Conseil pour les affaires et autres conseils de gestion (NAF code 70.22Z). See the 'Sector positioning' section above to compare the company with its competitors.