T.R. CONNEXION : revenue, balance sheet and financial ratios

T.R. CONNEXION is a French company founded 14 years ago, specialized in the sector Construction de réseaux électriques et de télécommunications. Based in TRIEL-SUR-SEINE (78510), this company of category PME shows in 2023 a revenue of 487 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-02

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

Financial history - T.R. CONNEXION (SIREN 535122956)
Indicator 2023 2020 2019 2018 2017 2016 2015
Revenue 487 003 € 628 881 € 774 948 € 681 021 € 706 868 € 617 958 € 381 080 €
Net income -63 656 € 12 943 € -16 094 € 17 433 € 36 137 € 59 412 € -29 061 €
EBITDA -80 163 € 28 296 € 1 473 € 29 704 € 65 344 € 78 063 € -4 726 €
Net margin -13.1% 2.1% -2.1% 2.6% 5.1% 9.6% -7.6%

Revenue and income statement

In 2023, T.R. CONNEXION achieves revenue of 487 k€. Revenue is growing positively over 7 years (CAGR: +3.1%). Significant drop of -23% vs 2020. After deducting consumption (95 k€), gross margin stands at 392 k€, i.e. a rate of 81%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -80 k€, representing -16.5% of revenue. Warning negative scissor effect: despite revenue change (-23%), EBITDA varies by -383%, reducing margin by 21.0 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -64 k€ (-13.1% of revenue), which will impact equity.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

487 003 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

392 168 €

EBITDA (2023) ?
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

-80 163 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-87 978 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-63 656 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-16.5%

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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 705%. 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 9%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

704.521%

Financial autonomy (2023) ?
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

8.937%

Cash flow / Revenue (2023) ?
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

-16.929%

Repayment capacity (2023) ?
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

-1.263

Asset age ratio (2023) ?
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

21.9%

Solvency indicators evolution
T.R. CONNEXION

Sector positioning

Debt ratio
704.52 2023
2019
2020
2023
Q1: 0.15
Med: 15.93
Q3: 74.52
Watch

In 2023, the debt ratio of T.R. CONNEXION (704.52) 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.

Financial autonomy
8.94% 2023
2019
2020
2023
Q1: 9.15%
Med: 24.22%
Q3: 47.14%
Average -44 pts over 3 years

In 2023, the financial autonomy of T.R. CONNEXION (8.9%) 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
-1.26 years 2023
2019
2020
2023
Q1: 0.0 years
Med: 0.1 years
Q3: 1.64 years
Excellent

In 2023, the repayment capacity of T.R. CONNEXION (-1.26) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 249.59. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2023) ?
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

249.595

Interest coverage (2023) ?
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

-2.247

Liquidity indicators evolution
T.R. CONNEXION

Sector positioning

Liquidity ratio
249.59 2023
2019
2020
2023
Q1: 139.33
Med: 200.84
Q3: 285.54
Good -10 pts over 3 years

In 2023, the liquidity ratio of T.R. CONNEXION (249.59) 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
-2.25x 2023
2019
2020
2023
Q1: 0.0x
Med: 0.12x
Q3: 4.17x
Average -53 pts over 3 years

In 2023, the interest coverage of T.R. CONNEXION (-2.2x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 47 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 29 days. The company must finance 18 days of gap between collections and payments. Inventory turnover is 46 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 92 days of revenue, i.e. 124 k€ to permanently finance.

Operating WCR (2023) ?
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

124 259 €

Customer credit (2023) ?
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

47 j

Supplier credit (2023) ?
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

29 j

Inventory turnover (2023) ?
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

46 j

WCR in days of revenue (2023) ?
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

92 j

WCR and payment terms evolution
T.R. CONNEXION

Positioning of T.R. CONNEXION in its sector

Comparison with sector Construction de réseaux électriques et de télécommunications

Similar companies (Construction de réseaux électriques et de télécommunications)

Compare T.R. CONNEXION with other companies in the same sector:

Voir toutes les statistiques du secteur Construction de réseaux électriques et de télécommunications

Frequently asked questions about T.R. CONNEXION

What is the revenue of T.R. CONNEXION ?

The revenue of T.R. CONNEXION in 2023 is 487 k€.

Is T.R. CONNEXION profitable?

T.R. CONNEXION recorded a net loss in 2023.

Where is the headquarters of T.R. CONNEXION ?

The headquarters of T.R. CONNEXION is located in TRIEL-SUR-SEINE (78510), in the department Yvelines.

Where to find the tax return of T.R. CONNEXION ?

The tax return of T.R. CONNEXION 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 T.R. CONNEXION operate?

T.R. CONNEXION operates in the sector Construction de réseaux électriques et de télécommunications (NAF code 42.22Z). See the 'Sector positioning' section above to compare the company with its competitors.