Les données financières de cette entreprise sont partiellement disponibles (liasse simplifiée ou données confidentielles). Certaines sections ne sont pas affichées.

TS2C (TUYAUTERIE SOUDURE CHAUDRONNERIE ET CREATION) : revenue, balance sheet and financial ratios

TS2C (TUYAUTERIE SOUDURE CHAUDRONNERIE ET CREATION) is a French company founded 13 years ago, specialized in the sector Installation de structures métalliques, chaudronnées et de tuyauterie. Based in PLOUGASTEL-DAOULAS (29470), this company of category ETI shows in 2021 a net income positive of 284 k€. 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 - TS2C (TUYAUTERIE SOUDURE CHAUDRONNERIE ET CREATION) (SIREN 789216181)
Indicator 2021 2020 2019 2018 2017 2016
Revenue N/C N/C N/C N/C N/C N/C
Net income 284 265 € 352 562 € 616 168 € 312 589 € 168 241 € 270 765 €
EBITDA N/C N/C N/C N/C N/C N/C
Net margin N/C N/C N/C N/C N/C N/C

Revenue and income statement

In 2021, TS2C (TUYAUTERIE SOUDURE CHAUDRONNERIE ET CREATION) generates positive net income of 284 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2021: 271 k€ -> 284 k€.

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

284 265 €

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 5%. 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 86%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

5.26%

Financial autonomy (2021) ?
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

86.341%

Asset age ratio (2021) ?
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

20.5%

Solvency indicators evolution
TS2C (TUYAUTERIE SOUDURE CHAUDRONNERIE ET CREATION)

Sector positioning

Debt ratio
5.26 2021
2019
2020
2021
Q1: 2.33
Med: 24.39
Q3: 72.17
Good

In 2021, the debt ratio of TS2C (TUYAUTERIE SOUDURE ... (5.26) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
86.34% 2021
2019
2020
2021
Q1: 16.74%
Med: 36.79%
Q3: 54.14%
Excellent

In 2021, the financial autonomy of TS2C (TUYAUTERIE SOUDURE ... (86.3%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 1208.13. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2021) ?
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

1208.131

Liquidity indicators evolution
TS2C (TUYAUTERIE SOUDURE CHAUDRONNERIE ET CREATION)

Sector positioning

Liquidity ratio
1208.13 2021
2019
2020
2021
Q1: 149.79
Med: 209.5
Q3: 298.85
Excellent

In 2021, the liquidity ratio of TS2C (TUYAUTERIE SOUDURE ... (1208.13) 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.

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: 617 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 80 days. The gap of 537 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow.

Operating WCR (2021) ?
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 (2021) ?
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

617 j

Supplier credit (2021) ?
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

80 j

Inventory turnover (2021) ?
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
TS2C (TUYAUTERIE SOUDURE CHAUDRONNERIE ET CREATION)

Positioning of TS2C (TUYAUTERIE SOUDURE CHAUDRONNERIE ET CREATION) in its sector

Comparison with sector Installation de structures métalliques, chaudronnées et de tuyauterie

Valuation estimate

Based on 98 transactions of similar company sales (all years), the value of TS2C (TUYAUTERIE SOUDURE CHAUDRONNERIE ET CREATION) is estimated at 787 688 € (range 272 696€ - 1 508 220€). 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.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2021
98 tx
272k€ 787k€ 1508k€
787 688 € Range: 272 696€ - 1 508 220€
NAF 5 all-time

Valuation method used

Net Income Multiple
284 265 € × 2.8x = 787 689 €
Range: 272 696€ - 1 508 220€

Only this financial indicator is available for this company.

How is this estimate calculated?

This estimate is based on the analysis of 98 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 (Installation de structures métalliques, chaudronnées et de tuyauterie)

Compare TS2C (TUYAUTERIE SOUDURE CHAUDRONNERIE ET CREATION) with other companies in the same sector:

Voir toutes les statistiques du secteur Installation de structures métalliques, chaudronnées et de tuyauterie

Frequently asked questions about TS2C (TUYAUTERIE SOUDURE CHAUDRONNERIE ET CREATION)

What is the revenue of TS2C (TUYAUTERIE SOUDURE CHAUDRONNERIE ET CREATION) ?

The revenue of TS2C (TUYAUTERIE SOUDURE CHAUDRONNERIE ET CREATION) is not publicly disclosed (confidential accounts filed with INPI).

Is TS2C (TUYAUTERIE SOUDURE CHAUDRONNERIE ET CREATION) profitable?

Yes, TS2C (TUYAUTERIE SOUDURE CHAUDRONNERIE ET CREATION) generated a net profit of 284 k€ in 2021.

Where is the headquarters of TS2C (TUYAUTERIE SOUDURE CHAUDRONNERIE ET CREATION) ?

The headquarters of TS2C (TUYAUTERIE SOUDURE CHAUDRONNERIE ET CREATION) is located in PLOUGASTEL-DAOULAS (29470), in the department Finistere.

Where to find the tax return of TS2C (TUYAUTERIE SOUDURE CHAUDRONNERIE ET CREATION) ?

The tax return of TS2C (TUYAUTERIE SOUDURE CHAUDRONNERIE ET CREATION) 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 TS2C (TUYAUTERIE SOUDURE CHAUDRONNERIE ET CREATION) operate?

TS2C (TUYAUTERIE SOUDURE CHAUDRONNERIE ET CREATION) operates in the sector Installation de structures métalliques, chaudronnées et de tuyauterie (NAF code 33.20A). See the 'Sector positioning' section above to compare the company with its competitors.