TRANS' EUROPE MEDITERRANEE : revenue, balance sheet and financial ratios

TRANS' EUROPE MEDITERRANEE is a French company founded 22 years ago, specialized in the sector Transports routiers de fret interurbains. Based in GIGNAC-LA-NERTHE (13180), this company of category PME shows in 2024 a revenue of 884 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 - TRANS' EUROPE MEDITERRANEE (SIREN 450746458)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue 884 402 € 904 555 € 895 043 € 536 627 € 479 586 € 275 987 € 189 488 € 225 993 € 235 268 € 237 336 € 244 721 €
Net income 177 € 50 533 € 25 009 € 21 181 € 10 698 € 13 443 € 19 556 € 27 068 € 58 155 € 46 471 € 41 337 €
EBITDA -38 917 € -18 950 € 22 437 € 24 429 € 9 057 € -3 254 € 3 651 € 30 014 € 44 456 € 44 547 € 44 651 €
Net margin 0.0% 5.6% 2.8% 3.9% 2.2% 4.9% 10.3% 12.0% 24.7% 19.6% 16.9%

Revenue and income statement

In 2024, TRANS' EUROPE MEDITERRANEE achieves revenue of 884 k€. Over the period 2014-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +13.7%. Slight decline of -2% vs 2023. After deducting consumption (611 k€), gross margin stands at 274 k€, i.e. a rate of 31%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -39 k€, representing -4.4% of revenue. Warning negative scissor effect: despite revenue change (-2%), EBITDA varies by -105%, reducing margin by 2.3 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 177 €, i.e. 0.0% 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

884 402 €

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

273 835 €

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

-38 917 €

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

-9 270 €

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

177 €

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

-4.4%

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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 36%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 63%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

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

36.113%

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

62.934%

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

-4.091%

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

-5.781

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

48.9%

Solvency indicators evolution
TRANS' EUROPE MEDITERRANEE

Sector positioning

Debt ratio
36.11 2024
2022
2023
2024
Q1: 3.42
Med: 30.72
Q3: 89.85
Average

In 2024, the debt ratio of TRANS' EUROPE MEDITERRANEE (36.11) 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
62.93% 2024
2022
2023
2024
Q1: 17.96%
Med: 34.26%
Q3: 52.09%
Excellent

In 2024, the financial autonomy of TRANS' EUROPE MEDITERRANEE (62.9%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
-5.78 years 2024
2022
2023
2024
Q1: -0.01 years
Med: 0.02 years
Q3: 1.91 years
Excellent -50 pts over 3 years

In 2024, the repayment capacity of TRANS' EUROPE MEDITERRANEE (-5.78) 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 340.64. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

340.636

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

-0.833

Liquidity indicators evolution
TRANS' EUROPE MEDITERRANEE

Sector positioning

Liquidity ratio
340.64 2024
2022
2023
2024
Q1: 122.42
Med: 168.88
Q3: 241.43
Excellent

In 2024, the liquidity ratio of TRANS' EUROPE MEDITERRANEE (340.64) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
-0.83x 2024
2022
2023
2024
Q1: -0.19x
Med: 0.0x
Q3: 4.8x
Average -50 pts over 3 years

In 2024, the interest coverage of TRANS' EUROPE MEDITERRANEE (-0.8x) 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: 61 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 32 days. The company must finance 29 days of gap between collections and payments. Inventory turnover is 14 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 130 days of revenue, i.e. 319 k€ to permanently finance. Over 2014-2024, WCR increased by +6345%, 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

319 234 €

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

61 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

32 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

14 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

130 j

WCR and payment terms evolution
TRANS' EUROPE MEDITERRANEE

Positioning of TRANS' EUROPE MEDITERRANEE in its sector

Comparison with sector Transports routiers de fret interurbains

Valuation estimate

Based on 71 transactions of similar company sales in 2024, the value of TRANS' EUROPE MEDITERRANEE is estimated at 120 527 € (range 56 220€ - 196 808€). The price/revenue ratio is 0.23x (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.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2024
71 tx
56k€ 120k€ 196k€
120 527 € Range: 56 220€ - 196 808€
NAF 5 année 2024

Valuation detail by method

Ajustez les pondérations selon votre analyse

Revenue Multiple 30%
884 402 € × 0.23x
Estimation 200 480 €
93 649€ - 326 925€
Net Income Multiple 20%
177 € × 3.4x
Estimation 599 €
78€ - 1 634€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 71 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 (Transports routiers de fret interurbains)

Compare TRANS' EUROPE MEDITERRANEE with other companies in the same sector:

Voir toutes les statistiques du secteur Transports routiers de fret interurbains

Frequently asked questions about TRANS' EUROPE MEDITERRANEE

What is the revenue of TRANS' EUROPE MEDITERRANEE ?

The revenue of TRANS' EUROPE MEDITERRANEE in 2024 is 884 k€.

Is TRANS' EUROPE MEDITERRANEE profitable?

Yes, TRANS' EUROPE MEDITERRANEE generated a net profit of 177€ in 2024.

Where is the headquarters of TRANS' EUROPE MEDITERRANEE ?

The headquarters of TRANS' EUROPE MEDITERRANEE is located in GIGNAC-LA-NERTHE (13180), in the department Bouches-du-Rhone.

Where to find the tax return of TRANS' EUROPE MEDITERRANEE ?

The tax return of TRANS' EUROPE MEDITERRANEE 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 TRANS' EUROPE MEDITERRANEE operate?

TRANS' EUROPE MEDITERRANEE operates in the sector Transports routiers de fret interurbains (NAF code 49.41A). See the 'Sector positioning' section above to compare the company with its competitors.