SIREN : 801843574
TRES ETANCHE is a French company founded 12 years ago, specialized in the sector Travaux d'étanchéification. Based in AULNAY-SOUS-BOIS (93600), this company of category PME shows in 2021 a revenue of 344 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
| Indicator | 2021 | 2020 | 2019 | 2018 | 2017 | 2015 |
|---|---|---|---|---|---|---|
| Revenue | 344 238 € | 332 102 € | 350 230 € | 274 773 € | 274 073 € | 196 773 € |
| Net income | 82 € | 4 048 € | 39 137 € | 23 695 € | 11 686 € | 6 659 € |
| EBITDA | 20 809 € | 21 914 € | 61 767 € | 46 590 € | 15 563 € | 9 390 € |
| Net margin | 0.0% | 1.2% | 11.2% | 8.6% | 4.3% | 3.4% |
In 2021, TRES ETANCHE achieves revenue of 344 k€. Over the period 2015-2021, the company shows strong growth with a CAGR (compound annual growth rate) of +9.8%. Vs 2020: +4%. After deducting consumption (53 k€), gross margin stands at 291 k€, i.e. a rate of 85%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 21 k€, representing 6.0% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 82 €, i.e. 0.0% of revenue. This profit can be retained or distributed to shareholders.
344 238 €
291 458 €
20 809 €
14 737 €
82 €
5.9%
The debt ratio (= Financial debt / Equity x 100) stands at 103%. Debt level is high: negotiating margin with banks is reduced. 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 repayment capacity (= Financial debt / Cash flow) indicates it would take 14.2 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 1.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
102.955%
44.194%
1.723%
14.219
16.5%
In 2021, the debt ratio of TRES ETANCHE (102.95) 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.
In 2021, the financial autonomy of TRES ETANCHE (44.2%) 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.
In 2021, the repayment capacity of TRES ETANCHE (14.22) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 600.10. 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 4.2x. Financial charges are adequately covered by operations.
600.096
4.239
In 2021, the liquidity ratio of TRES ETANCHE (600.10) 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.
In 2021, the interest coverage of TRES ETANCHE (4.2x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 140 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 21 days. The gap of 119 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 8 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 171 days of revenue, i.e. 163 k€ to permanently finance. Over 2015-2021, WCR increased by +1094%, requiring additional financing.
163 086 €
140 j
21 j
8 j
171 j
Indicative estimate only : the number of comparable transactions in this sector is limited (28 transactions). This range of 17 144€ to 60 130€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 28 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare TRES ETANCHE with other companies in the same sector:
Voir toutes les statistiques du secteur Travaux d'étanchéification
The revenue of TRES ETANCHE in 2021 is 344 k€.
Yes, TRES ETANCHE generated a net profit of 82€ in 2021.
The headquarters of TRES ETANCHE is located in AULNAY-SOUS-BOIS (93600), in the department Seine-Saint-Denis.
The tax return of TRES ETANCHE 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).
TRES ETANCHE operates in the sector Travaux d'étanchéification (NAF code 43.99A). See the 'Sector positioning' section above to compare the company with its competitors.