TRISTONE FLOWTECH FRANCE : revenue, balance sheet and financial ratios

TRISTONE FLOWTECH FRANCE is a French company founded 15 years ago, specialized in the sector Fabrication d'autres équipements automobiles. Based in CARQUEFOU (44470), this company of category ETI shows in 2024 a revenue of 18.9 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 - TRISTONE FLOWTECH FRANCE (SIREN 522985191)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 18 871 387 € 17 393 366 € 16 439 841 € 18 272 874 € 14 583 403 € 20 032 235 € 26 342 176 € 29 339 094 € 23 971 310 €
Net income -4 135 287 € -4 843 973 € -4 263 197 € -1 431 410 € -1 204 050 € -387 268 € 354 837 € 1 421 103 € 913 523 €
EBITDA -2 993 238 € -3 973 075 € -3 056 900 € -801 956 € -452 956 € 795 641 € 1 020 580 € 2 277 573 € 1 724 074 €
Net margin -21.9% -27.8% -25.9% -7.8% -8.3% -1.9% 1.3% 4.8% 3.8%

Revenue and income statement

In 2024, TRISTONE FLOWTECH FRANCE achieves revenue of 18.9 M€. Activity remains stable over the period (CAGR: -2.9%). Vs 2023: +8%. After deducting consumption (6.7 M€), gross margin stands at 12.2 M€, i.e. a rate of 65%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -3.0 M€, representing -15.9% of revenue. Positive scissor effect: EBITDA margin improves by +7.0 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -4.1 M€ (-21.9% of revenue), which will impact equity.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

18 871 387 €

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

12 181 544 €

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

-2 993 238 €

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

-3 563 847 €

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

-4 135 287 €

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

-15.9%

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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 -384%. 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 -24%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

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

-383.783%

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

-23.877%

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

-20.264%

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

-3.188

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

45.6%

Solvency indicators evolution
TRISTONE FLOWTECH FRANCE

Sector positioning

Debt ratio
-383.78 2024
2022
2023
2024
Q1: 0.0
Med: 2.63
Q3: 40.07
Excellent

In 2024, the debt ratio of TRISTONE FLOWTECH FRANCE (-383.78) 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
-23.88% 2024
2022
2023
2024
Q1: 13.9%
Med: 38.23%
Q3: 59.85%
Average

In 2024, the financial autonomy of TRISTONE FLOWTECH FRANCE (-23.9%) 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
-3.19 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 1.26 years
Excellent

In 2024, the repayment capacity of TRISTONE FLOWTECH FRANCE (-3.19) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 179.77. 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

179.77

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

-30.91

Liquidity indicators evolution
TRISTONE FLOWTECH FRANCE

Sector positioning

Liquidity ratio
179.77 2024
2022
2023
2024
Q1: 113.29
Med: 179.41
Q3: 299.06
Good +10 pts over 3 years

In 2024, the liquidity ratio of TRISTONE FLOWTECH FRANCE (179.77) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
-30.91x 2024
2022
2023
2024
Q1: -6.16x
Med: 0.26x
Q3: 7.41x
Watch

In 2024, the interest coverage of TRISTONE FLOWTECH FRANCE (-30.9x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

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: 41 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 40 days. The company must finance 1 days of gap between collections and payments. Inventory turnover is 54 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 75 days of revenue, i.e. 3.9 M€ to permanently finance. Notable WCR improvement over the period (-33%), freeing up cash.

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

3 929 211 €

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

41 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

40 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

54 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

75 j

WCR and payment terms evolution
TRISTONE FLOWTECH FRANCE

Positioning of TRISTONE FLOWTECH FRANCE in its sector

Comparison with sector Fabrication d'autres équipements automobiles

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (22 transactions). This range of 14 055 076€ to 29 451 568€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
14055k€ 24207k€ 29451k€
24 207 389 € Range: 14 055 076€ - 29 451 568€
NAF 5 all-time
How is this estimate calculated?

This estimate is based on the analysis of 22 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 (Fabrication d'autres équipements automobiles)

Compare TRISTONE FLOWTECH FRANCE with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication d'autres équipements automobiles

Frequently asked questions about TRISTONE FLOWTECH FRANCE

What is the revenue of TRISTONE FLOWTECH FRANCE ?

The revenue of TRISTONE FLOWTECH FRANCE in 2024 is 18.9 M€.

Is TRISTONE FLOWTECH FRANCE profitable?

TRISTONE FLOWTECH FRANCE recorded a net loss in 2024.

Where is the headquarters of TRISTONE FLOWTECH FRANCE ?

The headquarters of TRISTONE FLOWTECH FRANCE is located in CARQUEFOU (44470), in the department Loire-Atlantique.

Where to find the tax return of TRISTONE FLOWTECH FRANCE ?

The tax return of TRISTONE FLOWTECH FRANCE 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 TRISTONE FLOWTECH FRANCE operate?

TRISTONE FLOWTECH FRANCE operates in the sector Fabrication d'autres équipements automobiles (NAF code 29.32Z). See the 'Sector positioning' section above to compare the company with its competitors.