TSC - TRANSITION SUPPLY CHAIN : revenue, balance sheet and financial ratios

TSC - TRANSITION SUPPLY CHAIN is a French company founded 14 years ago, specialized in the sector Conseil pour les affaires et autres conseils de gestion. Based in HYERES (83400), this company of category PME shows in 2023 a revenue of 189 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - TSC - TRANSITION SUPPLY CHAIN (SIREN 749899811)
Indicator 2023 2022 2020 2019 2018 2016
Revenue 188 608 € 175 925 € 149 623 € 180 958 € 191 062 € 191 828 €
Net income 28 986 € 29 784 € 31 120 € 26 620 € 9 773 € 27 052 €
EBITDA 58 256 € 53 419 € 55 871 € 59 106 € 18 857 € 49 124 €
Net margin 15.4% 16.9% 20.8% 14.7% 5.1% 14.1%

Revenue and income statement

In 2023, TSC - TRANSITION SUPPLY CHAIN achieves revenue of 189 k€. Activity remains stable over the period (CAGR: -0.2%). Vs 2022: +7%. After deducting consumption (0 €), gross margin stands at 189 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 58 k€, representing 30.9% of revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 29 k€, i.e. 15.4% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

188 608 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

188 608 €

EBITDA (2023) ?
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

58 256 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

54 090 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

28 986 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

30.9%

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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 26%. 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 28%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.3 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 16.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

26.436%

Financial autonomy (2023) ?
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

27.631%

Cash flow / Revenue (2023) ?
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

16.174%

Repayment capacity (2023) ?
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

0.261

Asset age ratio (2023) ?
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

30.8%

Solvency indicators evolution
TSC - TRANSITION SUPPLY CHAIN

Sector positioning

Debt ratio
26.44 2023
2020
2022
2023
Q1: 0.0
Med: 4.57
Q3: 46.64
Average +38 pts over 3 years

In 2023, the debt ratio of TSC - TRANSITION SUPPLY C... (26.44) 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
27.63% 2023
2020
2022
2023
Q1: 4.34%
Med: 38.5%
Q3: 74.88%
Average

In 2023, the financial autonomy of TSC - TRANSITION SUPPLY C... (27.6%) 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
0.26 years 2023
2020
2022
2023
Q1: 0.0 years
Med: 0.0 years
Q3: 1.06 years
Average +6 pts over 3 years

In 2023, the repayment capacity of TSC - TRANSITION SUPPLY C... (0.26) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 144.15. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2023) ?
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

144.15

Interest coverage (2023) ?
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

0.0

Liquidity indicators evolution
TSC - TRANSITION SUPPLY CHAIN

Sector positioning

Liquidity ratio
144.15 2023
2020
2022
2023
Q1: 139.65
Med: 306.13
Q3: 898.97
Average

In 2023, the liquidity ratio of TSC - TRANSITION SUPPLY C... (144.15) 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.

Interest coverage
0.0x 2023
2020
2022
2023
Q1: 0.0x
Med: 0.0x
Q3: 0.24x
Average

In 2023, the interest coverage of TSC - TRANSITION SUPPLY C... (0.0x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

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: 136 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 34 days. The gap of 102 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 75 days of revenue, i.e. 39 k€ to permanently finance. Over 2016-2023, WCR increased by +962%, requiring additional financing.

Operating WCR (2023) ?
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

39 276 €

Customer credit (2023) ?
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

136 j

Supplier credit (2023) ?
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

34 j

Inventory turnover (2023) ?
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 in days of revenue (2023) ?
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
TSC - TRANSITION SUPPLY CHAIN

Positioning of TSC - TRANSITION SUPPLY CHAIN in its sector

Comparison with sector Conseil pour les affaires et autres conseils de gestion

Valuation estimate

Based on 66 transactions of similar company sales in 2023, the value of TSC - TRANSITION SUPPLY CHAIN is estimated at 191 340 € (range 56 703€ - 329 029€). With an EBITDA of 58 256€, the sector multiple of 4.0x is applied. The price/revenue ratio is 0.63x (in line with sector norms). 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 2023
66 tx
56k€ 191k€ 329k€
191 340 € Range: 56 703€ - 329 029€
NAF 5 année 2023

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
58 256 € × 4.0x
Estimation 230 624 €
42 752€ - 338 050€
Revenue Multiple 30%
188 608 € × 0.63x
Estimation 119 266 €
51 454€ - 186 918€
Net Income Multiple 20%
28 986 € × 6.9x
Estimation 201 241 €
99 456€ - 519 645€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 66 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 (Conseil pour les affaires et autres conseils de gestion)

Compare TSC - TRANSITION SUPPLY CHAIN with other companies in the same sector:

Voir toutes les statistiques du secteur Conseil pour les affaires et autres conseils de gestion

Frequently asked questions about TSC - TRANSITION SUPPLY CHAIN

What is the revenue of TSC - TRANSITION SUPPLY CHAIN ?

The revenue of TSC - TRANSITION SUPPLY CHAIN in 2023 is 189 k€.

Is TSC - TRANSITION SUPPLY CHAIN profitable?

Yes, TSC - TRANSITION SUPPLY CHAIN generated a net profit of 29 k€ in 2023.

Where is the headquarters of TSC - TRANSITION SUPPLY CHAIN ?

The headquarters of TSC - TRANSITION SUPPLY CHAIN is located in HYERES (83400), in the department Var.

Where to find the tax return of TSC - TRANSITION SUPPLY CHAIN ?

The tax return of TSC - TRANSITION SUPPLY CHAIN 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 TSC - TRANSITION SUPPLY CHAIN operate?

TSC - TRANSITION SUPPLY CHAIN operates in the sector Conseil pour les affaires et autres conseils de gestion (NAF code 70.22Z). See the 'Sector positioning' section above to compare the company with its competitors.