TOULLEC DANCOING & ASSOCIES : revenue, balance sheet and financial ratios

TOULLEC DANCOING & ASSOCIES is a French company founded 43 years ago, specialized in the sector Programmation informatique. Based in VILLIERS-SUR-MARNE (94350), this company of category PME shows in 2022 a revenue of 434 k€. 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 - TOULLEC DANCOING & ASSOCIES (SIREN 326653243)
Indicator 2022 2021 2020 2019 2018 2017 2016
Revenue 434 349 € 517 812 € 427 202 € 497 939 € 444 441 € 474 768 € 566 908 €
Net income 210 078 € 106 834 € 94 808 € 83 821 € 77 013 € 88 653 € 48 573 €
EBITDA 137 935 € 149 245 € 123 431 € 144 174 € 109 811 € 178 887 € 121 315 €
Net margin 48.4% 20.6% 22.2% 16.8% 17.3% 18.7% 8.6%

Revenue and income statement

In 2022, TOULLEC DANCOING & ASSOCIES achieves revenue of 434 k€. Activity remains stable over the period (CAGR: -4.3%). Significant drop of -16% vs 2021. After deducting consumption (34 k€), gross margin stands at 401 k€, i.e. a rate of 92%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 138 k€, representing 31.8% of revenue. Positive scissor effect: EBITDA margin improves by +2.9 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 210 k€, i.e. 48.4% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2022) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

434 349 €

Gross margin (2022) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

400 660 €

EBITDA (2022) ?
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

137 935 €

EBIT (2022) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

251 584 €

Net income (2022) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

210 078 €

EBITDA margin (2022) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

31.8%

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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 3%. This very low level reflects a solid financial structure, offering significant room for future investments or acquisitions. Financial autonomy (= Equity / Total assets x 100) reaches 47%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 22.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2022) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

3.128%

Financial autonomy (2022) ?
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

46.888%

Cash flow / Revenue (2022) ?
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

22.197%

Repayment capacity (2022) ?
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

0.018

Asset age ratio (2022) ?
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

9.5%

Solvency indicators evolution
TOULLEC DANCOING & ASSOCIES

Sector positioning

Debt ratio
3.13 2022
2020
2021
2022
Q1: 0.0
Med: 4.45
Q3: 61.94
Good

In 2022, the debt ratio of TOULLEC DANCOING & ASSOCIES (3.13) 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
46.89% 2022
2020
2021
2022
Q1: 3.97%
Med: 33.95%
Q3: 62.97%
Good

In 2022, the financial autonomy of TOULLEC DANCOING & ASSOCIES (46.9%) 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.

Repayment capacity
0.02 years 2022
2020
2021
2022
Q1: 0.0 years
Med: 0.0 years
Q3: 0.75 years
Average

In 2022, the repayment capacity of TOULLEC DANCOING & ASSOCIES (0.02) 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 341.90. 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 0.1x. Danger: operating income does not cover interest charges, unsustainable situation.

Liquidity ratio (2022) ?
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

341.905

Interest coverage (2022) ?
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

0.05

Liquidity indicators evolution
TOULLEC DANCOING & ASSOCIES

Sector positioning

Liquidity ratio
341.9 2022
2020
2021
2022
Q1: 129.44
Med: 240.62
Q3: 451.95
Good

In 2022, the liquidity ratio of TOULLEC DANCOING & ASSOCIES (341.90) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
0.05x 2022
2020
2021
2022
Q1: 0.0x
Med: 0.0x
Q3: 0.71x
Good -10 pts over 3 years

In 2022, the interest coverage of TOULLEC DANCOING & ASSOCIES (0.1x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

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: 54 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 36 days. The company must finance 18 days of gap between collections and payments. WCR is negative (-7 days): operations structurally generate cash. Over 2016-2022, WCR increased by +85%, requiring additional financing.

Operating WCR (2022) ?
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

-8 822 €

Customer credit (2022) ?
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

54 j

Supplier credit (2022) ?
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

36 j

Inventory turnover (2022) ?
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 (2022) ?
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

-7 j

WCR and payment terms evolution
TOULLEC DANCOING & ASSOCIES

Positioning of TOULLEC DANCOING & ASSOCIES in its sector

Comparison with sector Programmation informatique

Valuation estimate

Based on 120 transactions of similar company sales (all years), the value of TOULLEC DANCOING & ASSOCIES is estimated at 279 193 € (range 125 799€ - 758 208€). With an EBITDA of 137 935€, the sector multiple of 2.2x is applied. The price/revenue ratio is 0.27x (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 2022
120 transactions
125k€ 279k€ 758k€
279 193 € Range: 125 799€ - 758 208€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
137 935 € × 2.2x
Estimation 306 730 €
133 098€ - 843 772€
Revenue Multiple 30%
434 349 € × 0.27x
Estimation 117 973 €
66 688€ - 288 523€
Net Income Multiple 20%
210 078 € × 2.2x
Estimation 452 186 €
196 222€ - 1 248 827€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 120 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 (Programmation informatique)

Compare TOULLEC DANCOING & ASSOCIES with other companies in the same sector:

Voir toutes les statistiques du secteur Programmation informatique

Frequently asked questions about TOULLEC DANCOING & ASSOCIES

What is the revenue of TOULLEC DANCOING & ASSOCIES ?

The revenue of TOULLEC DANCOING & ASSOCIES in 2022 is 434 k€.

Is TOULLEC DANCOING & ASSOCIES profitable?

Yes, TOULLEC DANCOING & ASSOCIES generated a net profit of 210 k€ in 2022.

Where is the headquarters of TOULLEC DANCOING & ASSOCIES ?

The headquarters of TOULLEC DANCOING & ASSOCIES is located in VILLIERS-SUR-MARNE (94350), in the department Val-de-Marne.

Where to find the tax return of TOULLEC DANCOING & ASSOCIES ?

The tax return of TOULLEC DANCOING & ASSOCIES 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 TOULLEC DANCOING & ASSOCIES operate?

TOULLEC DANCOING & ASSOCIES operates in the sector Programmation informatique (NAF code 62.01Z). See the 'Sector positioning' section above to compare the company with its competitors.