TRAVAUX ETUDES CONSTRUCTIONS MAINTENANCE INDUSTRIELLES : revenue, balance sheet and financial ratios

TRAVAUX ETUDES CONSTRUCTIONS MAINTENANCE INDUSTRIELLES is a French company founded 27 years ago, specialized in the sector Réparation de machines et équipements mécaniques. Based in FOS-SUR-MER (13270), this company of category PME shows in 2024 a revenue of 29.2 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 - TRAVAUX ETUDES CONSTRUCTIONS MAINTENANCE INDUSTRIELLES (SIREN 421455825)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 29 176 797 € 28 969 500 € 27 512 378 € 24 232 361 € 18 512 830 € 21 959 262 € 20 942 058 € 17 501 478 € 16 462 405 €
Net income 812 384 € 1 013 662 € 934 915 € 751 613 € 380 449 € 639 662 € 665 053 € 558 586 € 553 145 €
EBITDA 1 485 867 € 1 777 519 € 1 534 838 € 1 383 203 € 797 822 € 1 390 270 € 1 043 196 € 976 848 € 913 157 €
Net margin 2.8% 3.5% 3.4% 3.1% 2.1% 2.9% 3.2% 3.2% 3.4%

Revenue and income statement

In 2024, TRAVAUX ETUDES CONSTRUCTIONS MAINTENANCE INDUSTRIELLES achieves revenue of 29.2 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +7.4%. Vs 2023: +1%. After deducting consumption (3.9 M€), gross margin stands at 25.2 M€, i.e. a rate of 87%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.5 M€, representing 5.1% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 812 k€, i.e. 2.8% 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

29 176 797 €

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

25 246 219 €

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

1 485 867 €

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

1 207 238 €

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

812 384 €

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

5.1%

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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 60%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 30%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 3.1 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 3.7% 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

59.882%

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

30.275%

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

3.675%

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

3.135

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

51.7%

Solvency indicators evolution
TRAVAUX ETUDES CONSTRUCTIONS MAINTENANCE INDUSTRIELLES

Sector positioning

Debt ratio
59.88 2024
2022
2023
2024
Q1: 2.87
Med: 17.34
Q3: 52.01
Average +21 pts over 3 years

In 2024, the debt ratio of TRAVAUX ETUDES CONSTRUCTI... (59.88) 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
30.27% 2024
2022
2023
2024
Q1: 23.1%
Med: 44.97%
Q3: 62.71%
Average -7 pts over 3 years

In 2024, the financial autonomy of TRAVAUX ETUDES CONSTRUCTI... (30.3%) 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
3.13 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.31 years
Q3: 1.48 years
Watch +7 pts over 3 years

In 2024, the repayment capacity of TRAVAUX ETUDES CONSTRUCTI... (3.13) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 163.61. 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 6.0x. 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

163.606

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

6.038

Liquidity indicators evolution
TRAVAUX ETUDES CONSTRUCTIONS MAINTENANCE INDUSTRIELLES

Sector positioning

Liquidity ratio
163.61 2024
2022
2023
2024
Q1: 167.32
Med: 242.93
Q3: 357.25
Watch

In 2024, the liquidity ratio of TRAVAUX ETUDES CONSTRUCTI... (163.61) 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
6.04x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.55x
Q3: 3.79x
Excellent +15 pts over 3 years

In 2024, the interest coverage of TRAVAUX ETUDES CONSTRUCTI... (6.0x) 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: 74 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 98 days. Favorable situation: supplier credit is longer than customer credit by 24 days. Inventory turnover is 33 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 86 days of revenue, i.e. 7.0 M€ to permanently finance. Over 2016-2024, WCR increased by +38%, 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

7 005 932 €

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

74 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

98 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

33 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

86 j

WCR and payment terms evolution
TRAVAUX ETUDES CONSTRUCTIONS MAINTENANCE INDUSTRIELLES

Positioning of TRAVAUX ETUDES CONSTRUCTIONS MAINTENANCE INDUSTRIELLES in its sector

Comparison with sector Réparation de machines et équipements mécaniques

Valuation estimate

Based on 104 transactions of similar company sales (all years), the value of TRAVAUX ETUDES CONSTRUCTIONS MAINTENANCE INDUSTRIELLES is estimated at 3 327 361 € (range 1 920 637€ - 9 228 088€). With an EBITDA of 1 485 867€, the sector multiple of 1.0x is applied. The price/revenue ratio is 0.27x (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.

Estimated enterprise value 2024
104 transactions
1920k€ 3327k€ 9228k€
3 327 361 € Range: 1 920 637€ - 9 228 088€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
1 485 867 € × 1.0x
Estimation 1 527 898 €
1 054 650€ - 4 998 444€
Revenue Multiple 30%
29 176 797 € × 0.27x
Estimation 7 845 756 €
4 183 696€ - 19 926 330€
Net Income Multiple 20%
812 384 € × 1.3x
Estimation 1 048 430 €
691 020€ - 3 754 836€
How is this estimate calculated?

This estimate is based on the analysis of 104 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 (Réparation de machines et équipements mécaniques)

Compare TRAVAUX ETUDES CONSTRUCTIONS MAINTENANCE INDUSTRIELLES with other companies in the same sector:

Voir toutes les statistiques du secteur Réparation de machines et équipements mécaniques

Frequently asked questions about TRAVAUX ETUDES CONSTRUCTIONS MAINTENANCE INDUSTRIELLES

What is the revenue of TRAVAUX ETUDES CONSTRUCTIONS MAINTENANCE INDUSTRIELLES ?

The revenue of TRAVAUX ETUDES CONSTRUCTIONS MAINTENANCE INDUSTRIELLES in 2024 is 29.2 M€.

Is TRAVAUX ETUDES CONSTRUCTIONS MAINTENANCE INDUSTRIELLES profitable?

Yes, TRAVAUX ETUDES CONSTRUCTIONS MAINTENANCE INDUSTRIELLES generated a net profit of 812 k€ in 2024.

Where is the headquarters of TRAVAUX ETUDES CONSTRUCTIONS MAINTENANCE INDUSTRIELLES ?

The headquarters of TRAVAUX ETUDES CONSTRUCTIONS MAINTENANCE INDUSTRIELLES is located in FOS-SUR-MER (13270), in the department Bouches-du-Rhone.

Where to find the tax return of TRAVAUX ETUDES CONSTRUCTIONS MAINTENANCE INDUSTRIELLES ?

The tax return of TRAVAUX ETUDES CONSTRUCTIONS MAINTENANCE INDUSTRIELLES 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 ETUDES CONSTRUCTIONS MAINTENANCE INDUSTRIELLES operate?

TRAVAUX ETUDES CONSTRUCTIONS MAINTENANCE INDUSTRIELLES operates in the sector Réparation de machines et équipements mécaniques (NAF code 33.12Z). See the 'Sector positioning' section above to compare the company with its competitors.