TOULOUSE MIDI PYRENEES ENROBES : revenue, balance sheet and financial ratios

TOULOUSE MIDI PYRENEES ENROBES is a French company founded 36 years ago, specialized in the sector Fabrication d'autres produits minéraux non métalliques n.c.a.. Based in CUGNAUX (31270), this company of category PME shows in 2024 a revenue of 8.6 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 - TOULOUSE MIDI PYRENEES ENROBES (SIREN 377713185)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 8 567 773 € 6 440 644 € 7 517 610 € 6 623 670 € 5 731 082 € 6 018 314 € 5 379 417 € 4 686 184 € 4 235 064 €
Net income 677 238 € 398 770 € 452 629 € 387 157 € 340 521 € 283 611 € 203 907 € 119 949 € 117 720 €
EBITDA 1 127 376 € 755 795 € 778 262 € 745 741 € 666 272 € 631 073 € 572 522 € 450 347 € 493 178 €
Net margin 7.9% 6.2% 6.0% 5.8% 5.9% 4.7% 3.8% 2.6% 2.8%

Revenue and income statement

In 2024, TOULOUSE MIDI PYRENEES ENROBES achieves revenue of 8.6 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +9.2%. Vs 2023, growth of +33% (6.4 M€ -> 8.6 M€). After deducting consumption (6.2 M€), gross margin stands at 2.4 M€, i.e. a rate of 28%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.1 M€, representing 13.2% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 677 k€, i.e. 7.9% 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

8 567 773 €

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

2 393 433 €

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

1 127 376 €

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

898 913 €

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

677 238 €

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

13.2%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 60%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 22%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.9 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 10.4% 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 (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

60.422%

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

21.864%

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

10.418%

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

0.908

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

35.2%

Solvency indicators evolution
TOULOUSE MIDI PYRENEES ENROBES

Sector positioning

Debt ratio
60.42 2024
2022
2023
2024
Q1: 0.0
Med: 11.35
Q3: 71.05
Average +6 pts over 3 years

In 2024, the debt ratio of TOULOUSE MIDI PYRENEES EN... (60.42) 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
21.86% 2024
2022
2023
2024
Q1: 9.68%
Med: 23.36%
Q3: 45.54%
Average -10 pts over 3 years

In 2024, the financial autonomy of TOULOUSE MIDI PYRENEES EN... (21.9%) 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
0.91 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.65 years
Average

In 2024, the repayment capacity of TOULOUSE MIDI PYRENEES EN... (0.91) 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 104.00. 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 1.8x. Coverage is limited: any activity downturn would jeopardize interest payments.

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

103.998

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

1.817

Liquidity indicators evolution
TOULOUSE MIDI PYRENEES ENROBES

Sector positioning

Liquidity ratio
104.0 2024
2022
2023
2024
Q1: 94.61
Med: 137.76
Q3: 236.84
Average +5 pts over 3 years

In 2024, the liquidity ratio of TOULOUSE MIDI PYRENEES EN... (104.00) 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
1.82x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.99x
Q3: 6.91x
Good -8 pts over 3 years

In 2024, the interest coverage of TOULOUSE MIDI PYRENEES EN... (1.8x) 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: 81 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 84 days. Favorable situation: supplier credit is longer than customer credit by 3 days. Inventory turnover is 16 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 43 days of revenue, i.e. 1.0 M€ to permanently finance.

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

1 027 276 €

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

81 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

84 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

16 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

43 j

WCR and payment terms evolution
TOULOUSE MIDI PYRENEES ENROBES

Positioning of TOULOUSE MIDI PYRENEES ENROBES in its sector

Comparison with sector Fabrication d'autres produits minéraux non métalliques n.c.a.

Valuation estimate

Based on 228 transactions of similar company sales (all years), the value of TOULOUSE MIDI PYRENEES ENROBES is estimated at 1 442 830 € (range 563 357€ - 3 809 343€). With an EBITDA of 1 127 376€, the sector multiple of 1.5x is applied. The price/revenue ratio is 0.13x (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 2024
228 transactions
563k€ 1442k€ 3809k€
1 442 830 € Range: 563 357€ - 3 809 343€
Section all-time Aggregated at NAF section level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
1 127 376 € × 1.5x
Estimation 1 737 522 €
541 865€ - 4 498 707€
Revenue Multiple 30%
8 567 773 € × 0.13x
Estimation 1 097 467 €
757 083€ - 3 263 436€
Net Income Multiple 20%
677 238 € × 1.8x
Estimation 1 224 148 €
326 502€ - 2 904 794€
How is this estimate calculated?

This estimate is based on the analysis of 228 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 (Fabrication d'autres produits minéraux non métalliques n.c.a.)

Compare TOULOUSE MIDI PYRENEES ENROBES with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication d'autres produits minéraux non métalliques n.c.a.

Frequently asked questions about TOULOUSE MIDI PYRENEES ENROBES

What is the revenue of TOULOUSE MIDI PYRENEES ENROBES ?

The revenue of TOULOUSE MIDI PYRENEES ENROBES in 2024 is 8.6 M€.

Is TOULOUSE MIDI PYRENEES ENROBES profitable?

Yes, TOULOUSE MIDI PYRENEES ENROBES generated a net profit of 677 k€ in 2024.

Where is the headquarters of TOULOUSE MIDI PYRENEES ENROBES ?

The headquarters of TOULOUSE MIDI PYRENEES ENROBES is located in CUGNAUX (31270), in the department Haute-Garonne.

Where to find the tax return of TOULOUSE MIDI PYRENEES ENROBES ?

The tax return of TOULOUSE MIDI PYRENEES ENROBES 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 TOULOUSE MIDI PYRENEES ENROBES operate?

TOULOUSE MIDI PYRENEES ENROBES operates in the sector Fabrication d'autres produits minéraux non métalliques n.c.a. (NAF code 23.99Z). See the 'Sector positioning' section above to compare the company with its competitors.