SIREN : 502318090
TQN SOLAR is a French company founded 18 years ago, specialized in the sector Ingénierie, études techniques. Based in BEZIERS (34500), this company of category GE shows in 2024 a revenue of 15.0 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 14 965 613 € | 47 645 804 € | 37 776 824 € | 75 019 130 € | 48 477 682 € | 38 881 635 € | 51 752 056 € | 37 960 700 € | 27 949 879 € |
| Net income | 216 024 € | -3 786 053 € | 3 977 199 € | 15 557 156 € | 40 262 333 € | 2 732 056 € | 7 051 082 € | 1 798 871 € | 4 102 097 € |
| EBITDA | -301 615 € | -625 003 € | 101 350 € | -3 452 749 € | -1 705 860 € | 1 624 831 € | 7 686 809 € | 1 986 816 € | 4 887 902 € |
| Net margin | 1.4% | -7.9% | 10.5% | 20.7% | 83.1% | 7.0% | 13.6% | 4.7% | 14.7% |
In 2024, TQN SOLAR achieves revenue of 15.0 M€. Revenue is declining over the period 2016-2024 (CAGR: -7.5%). Significant drop of -69% vs 2023. After deducting consumption (677 k€), gross margin stands at 14.3 M€, i.e. a rate of 95%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -302 k€, representing -2.0% of revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 216 k€, i.e. 1.4% of revenue. This profit can be retained or distributed to shareholders.
14 965 613 €
14 288 893 €
-301 615 €
-419 748 €
216 024 €
-2.0%
The debt ratio (= Financial debt / Equity x 100) stands at 7786%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 1%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
7786.083%
1.228%
-26.689%
-91.107
In 2024, the debt ratio of TQN SOLAR (7786.08) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2024, the financial autonomy of TQN SOLAR (1.2%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2024, the repayment capacity of TQN SOLAR (-91.11) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.
The liquidity ratio (= Current assets / Current liabilities) stands at 302.91. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
302.913
-5675.319
In 2024, the liquidity ratio of TQN SOLAR (302.91) 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.
In 2024, the interest coverage of TQN SOLAR (-5675.3x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 522 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 161 days. The gap of 361 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 19 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 708 days of revenue, i.e. 29.4 M€ to permanently finance. Over 2016-2024, WCR increased by +544%, requiring additional financing.
29 447 986 €
522 j
161 j
19 j
708 j
Indicative estimate only : the number of comparable transactions in this sector is limited (40 transactions). This range of 1 314 981€ to 2 415 373€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 40 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 TQN SOLAR with other companies in the same sector:
Voir toutes les statistiques du secteur Ingénierie, études techniques
The revenue of TQN SOLAR in 2024 is 15.0 M€.
Yes, TQN SOLAR generated a net profit of 216 k€ in 2024.
The headquarters of TQN SOLAR is located in BEZIERS (34500), in the department Herault.
The tax return of TQN SOLAR 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).
TQN SOLAR operates in the sector Ingénierie, études techniques (NAF code 71.12B). See the 'Sector positioning' section above to compare the company with its competitors.