TRAVAUX ELECTRIQUES DU MIDI : revenue, balance sheet and financial ratios

TRAVAUX ELECTRIQUES DU MIDI is a French company founded 35 years ago, specialized in the sector Construction de réseaux électriques et de télécommunications. Based in MANOSQUE (04100), this company of category PME shows in 2022 a revenue of 5.1 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 - TRAVAUX ELECTRIQUES DU MIDI (SIREN 381855709)
Indicator 2024 2023 2022 2021 2020 2019 2018
Revenue N/C N/C 5 060 697 € N/C N/C N/C 4 936 014 €
Net income 234 851 € 78 110 € 72 566 € 431 006 € 67 155 € 269 696 € 111 269 €
EBITDA N/C N/C 671 232 € N/C N/C N/C 293 199 €
Net margin N/C N/C 1.4% N/C N/C N/C 2.3%

Revenue and income statement

In 2024, TRAVAUX ELECTRIQUES DU MIDI generates positive net income of 235 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2018-2024: 111 k€ -> 235 k€.

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

234 851 €

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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 23%. 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 44%. 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

22.867%

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

43.709%

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

21.2%

Solvency indicators evolution
TRAVAUX ELECTRIQUES DU MIDI

Sector positioning

Debt ratio
22.87 2024
2022
2023
2024
Q1: 0.01
Med: 10.59
Q3: 57.34
Average -18 pts over 3 years

In 2024, the debt ratio of TRAVAUX ELECTRIQUES DU MIDI (22.87) 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
43.71% 2024
2022
2023
2024
Q1: 9.37%
Med: 24.02%
Q3: 46.92%
Good +12 pts over 3 years

In 2024, the financial autonomy of TRAVAUX ELECTRIQUES DU MIDI (43.7%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
1.23 years 2022
2022
Q1: 0.0 years
Med: 0.08 years
Q3: 1.46 years
Average

In 2022, the repayment capacity of TRAVAUX ELECTRIQUES DU MIDI (1.23) 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 183.02. 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

183.02

Liquidity indicators evolution
TRAVAUX ELECTRIQUES DU MIDI

Sector positioning

Liquidity ratio
183.02 2024
2022
2023
2024
Q1: 144.08
Med: 203.1
Q3: 276.81
Average -16 pts over 3 years

In 2024, the liquidity ratio of TRAVAUX ELECTRIQUES DU MIDI (183.02) 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
0.59x 2022
2022
Q1: 0.0x
Med: 0.02x
Q3: 1.88x
Good

In 2022, the interest coverage of TRAVAUX ELECTRIQUES DU MIDI (0.6x) 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.

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

0 €

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

0 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

0 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 and payment terms evolution
TRAVAUX ELECTRIQUES DU MIDI

Positioning of TRAVAUX ELECTRIQUES DU MIDI in its sector

Comparison with sector Construction de réseaux électriques et de télécommunications

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (37 transactions). This range of 50 261€ to 144 208€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
50k€ 117k€ 144k€
117 193 € Range: 50 261€ - 144 208€
NAF 5 all-time
How is this estimate calculated?

This estimate is based on the analysis of 37 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 (Construction de réseaux électriques et de télécommunications)

Compare TRAVAUX ELECTRIQUES DU MIDI with other companies in the same sector:

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

Frequently asked questions about TRAVAUX ELECTRIQUES DU MIDI

What is the revenue of TRAVAUX ELECTRIQUES DU MIDI ?

The revenue of TRAVAUX ELECTRIQUES DU MIDI in 2022 is 5.1 M€.

Is TRAVAUX ELECTRIQUES DU MIDI profitable?

Yes, TRAVAUX ELECTRIQUES DU MIDI generated a net profit of 235 k€ in 2024.

Where is the headquarters of TRAVAUX ELECTRIQUES DU MIDI ?

The headquarters of TRAVAUX ELECTRIQUES DU MIDI is located in MANOSQUE (04100), in the department Alpes-de-Haute-Provence.

Where to find the tax return of TRAVAUX ELECTRIQUES DU MIDI ?

The tax return of TRAVAUX ELECTRIQUES DU MIDI 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 TRAVAUX ELECTRIQUES DU MIDI operate?

TRAVAUX ELECTRIQUES DU MIDI 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.