SIREN : 479106106
TRIANGLE 224 is a French company founded 21 years ago, specialized in the sector Activités des agences de travail temporaire . Based in MONTGERMONT (35760), this company of category ETI shows in 2024 a revenue of 19.9 M€. 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 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 19 914 803 € | 21 430 431 € | 20 347 414 € | 19 744 784 € | 15 299 735 € | 15 204 959 € | 14 708 608 € | 13 465 691 € | 10 586 046 € |
| Net income | 1 683 503 € | 517 306 € | 683 537 € | 556 717 € | 1 481 708 € | 410 120 € | 1 008 667 € | 746 031 € | 925 493 € |
| EBITDA | 669 513 € | 801 325 € | 749 234 € | 984 697 € | 305 173 € | 635 347 € | 466 752 € | 911 354 € | 613 489 € |
| Net margin | 8.5% | 2.4% | 3.4% | 2.8% | 9.7% | 2.7% | 6.9% | 5.5% | 8.7% |
In 2024, TRIANGLE 224 achieves revenue of 19.9 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +8.2%. Slight decline of -7% vs 2023. After deducting consumption (0 €), gross margin stands at 19.9 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 670 k€, representing 3.4% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.7 M€, i.e. 8.5% of revenue. This profit can be retained or distributed to shareholders.
19 914 803 €
19 914 803 €
669 513 €
886 734 €
1 683 503 €
3.4%
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 29%. The balance between equity and debt is satisfactory. 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 7.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
1.856%
29.257%
7.347%
0.03
27.5%
In 2024, the debt ratio of TRIANGLE 224 (1.86) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2024, the financial autonomy of TRIANGLE 224 (29.3%) 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 2024, the repayment capacity of TRIANGLE 224 (0.03) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 135.78. 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 13.6x. Operating income very largely covers interest expenses: high safety margin.
135.785
13.558
In 2024, the liquidity ratio of TRIANGLE 224 (135.78) 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.
In 2024, the interest coverage of TRIANGLE 224 (13.6x) 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: 20 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 125 days. Excellent situation: suppliers finance 105 days of the operating cycle (retail model). Overall, WCR represents 51 days of revenue, i.e. 2.8 M€ to permanently finance. Over 2016-2024, WCR increased by +48%, requiring additional financing.
2 819 936 €
20 j
125 j
0 j
51 j
Based on 135 transactions of similar company sales (all years), the value of TRIANGLE 224 is estimated at 1 760 969 € (range 998 852€ - 4 042 494€). With an EBITDA of 669 513€, the sector multiple of 2.0x is applied. The price/revenue ratio is 0.08x (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.
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This estimate is based on the analysis of 135 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 TRIANGLE 224 with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des agences de travail temporaire
The revenue of TRIANGLE 224 in 2024 is 19.9 M€.
Yes, TRIANGLE 224 generated a net profit of 1.7 M€ in 2024.
The headquarters of TRIANGLE 224 is located in MONTGERMONT (35760), in the department Ille-et-Vilaine.
The tax return of TRIANGLE 224 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).
TRIANGLE 224 operates in the sector Activités des agences de travail temporaire (NAF code 78.20Z). See the 'Sector positioning' section above to compare the company with its competitors.