TRANSPORTS BAIE DE SEINE : revenue, balance sheet and financial ratios

TRANSPORTS BAIE DE SEINE is a French company founded 11 years ago, specialized in the sector Transports routiers de fret de proximité. Based in LE HAVRE (76600), this company of category PME shows in 2024 a revenue of 2.2 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 - TRANSPORTS BAIE DE SEINE (SIREN 809021801)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 2 226 534 € 2 219 986 € 1 395 154 € 841 808 € 952 245 € 958 240 € 886 467 € 758 930 € 531 919 €
Net income 79 013 € -78 080 € -961 € 35 115 € 96 315 € 67 057 € -45 334 € 9 877 € 21 164 €
EBITDA 90 016 € 2 274 201 € 38 114 € 118 024 € 170 394 € 121 952 € 15 913 € 47 497 € 52 965 €
Net margin 3.5% -3.5% -0.1% 4.2% 10.1% 7.0% -5.1% 1.3% 4.0%

Revenue and income statement

In 2024, TRANSPORTS BAIE DE SEINE achieves revenue of 2.2 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +19.6%. Vs 2023: +0%. After deducting consumption (0 €), gross margin stands at 2.2 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 90 k€, representing 4.0% of revenue. Warning negative scissor effect: despite revenue change (+0%), EBITDA varies by -96%, reducing margin by 98.4 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 79 k€, i.e. 3.5% 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

2 226 534 €

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

2 226 534 €

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

90 016 €

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

98 638 €

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

79 013 €

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

4.0%

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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 2%. 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 18%. Low autonomy: the company heavily depends on external financing (banks, suppliers). 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 2.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

1.78%

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

18.187%

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

2.622%

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

0.045

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

12.8%

Solvency indicators evolution
TRANSPORTS BAIE DE SEINE

Sector positioning

Debt ratio
1.78 2024
2022
2023
2024
Q1: 1.8
Med: 27.54
Q3: 87.06
Excellent

In 2024, the debt ratio of TRANSPORTS BAIE DE SEINE (1.78) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
18.19% 2024
2022
2023
2024
Q1: 13.27%
Med: 31.55%
Q3: 51.53%
Average -17 pts over 3 years

In 2024, the financial autonomy of TRANSPORTS BAIE DE SEINE (18.2%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
0.04 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 1.46 years
Average

In 2024, the repayment capacity of TRANSPORTS BAIE DE SEINE (0.04) 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 113.65. 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 6.1x. Operating income very largely covers interest expenses: high safety margin.

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

113.65

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

6.134

Liquidity indicators evolution
TRANSPORTS BAIE DE SEINE

Sector positioning

Liquidity ratio
113.65 2024
2022
2023
2024
Q1: 117.28
Med: 164.75
Q3: 253.6
Watch

In 2024, the liquidity ratio of TRANSPORTS BAIE DE SEINE (113.65) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
6.13x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 3.91x
Excellent

In 2024, the interest coverage of TRANSPORTS BAIE DE SEINE (6.1x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.

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: 57 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 48 days. The company must finance 9 days of gap between collections and payments. Overall, WCR represents 39 days of revenue, i.e. 242 k€ to permanently finance. Over 2016-2024, WCR increased by +376%, 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

241 802 €

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

57 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

48 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

0 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

39 j

WCR and payment terms evolution
TRANSPORTS BAIE DE SEINE

Positioning of TRANSPORTS BAIE DE SEINE in its sector

Comparison with sector Transports routiers de fret de proximité

Valuation estimate

Based on 71 transactions of similar company sales in 2024, the value of TRANSPORTS BAIE DE SEINE is estimated at 246 185 € (range 107 078€ - 559 519€). With an EBITDA of 90 016€, the sector multiple of 0.9x is applied. 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
107k€ 246k€ 559k€
246 185 € Range: 107 078€ - 559 519€
NAF 5 année 2024

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
90 016 € × 0.9x
Estimation 82 668 €
58 830€ - 333 456€
Revenue Multiple 30%
2 226 534 € × 0.23x
Estimation 504 720 €
235 767€ - 823 052€
Net Income Multiple 20%
79 013 € × 3.4x
Estimation 267 176 €
34 665€ - 729 377€

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 de proximité)

Compare TRANSPORTS BAIE DE SEINE with other companies in the same sector:

Voir toutes les statistiques du secteur Transports routiers de fret de proximité

Frequently asked questions about TRANSPORTS BAIE DE SEINE

What is the revenue of TRANSPORTS BAIE DE SEINE ?

The revenue of TRANSPORTS BAIE DE SEINE in 2024 is 2.2 M€.

Is TRANSPORTS BAIE DE SEINE profitable?

Yes, TRANSPORTS BAIE DE SEINE generated a net profit of 79 k€ in 2024.

Where is the headquarters of TRANSPORTS BAIE DE SEINE ?

The headquarters of TRANSPORTS BAIE DE SEINE is located in LE HAVRE (76600), in the department Seine-Maritime.

Where to find the tax return of TRANSPORTS BAIE DE SEINE ?

The tax return of TRANSPORTS BAIE DE SEINE 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 TRANSPORTS BAIE DE SEINE operate?

TRANSPORTS BAIE DE SEINE operates in the sector Transports routiers de fret de proximité (NAF code 49.41B). See the 'Sector positioning' section above to compare the company with its competitors.