SIREN : 799375092
TSN CONCEPT is a French company founded 12 years ago, specialized in the sector Activités des sociétés holding. Based in SAINT-VIAUD (44320), this company of category PME shows in 2024 a revenue of 13 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 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 12 728 € | 6 470 € | 15 467 € | 34 722 € | 40 699 € | 57 906 € | 89 203 € | 111 720 € | 91 230 € |
| Net income | -24 514 € | -2 569 € | 1 900 € | 9 051 € | 2 963 € | 16 286 € | -16 501 € | -18 077 € | -10 941 € |
| EBITDA | 365 € | -3 002 € | 1 812 € | 9 482 € | 8 167 € | -7 295 € | -7 067 € | -8 915 € | -7 139 € |
| Net margin | -192.6% | -39.7% | 12.3% | 26.1% | 7.3% | 28.1% | -18.5% | -16.2% | -12.0% |
In 2024, TSN CONCEPT achieves revenue of 13 k€. Revenue is declining over the period 2016-2024 (CAGR: -21.8%). Vs 2023, growth of +97% (6 k€ -> 13 k€). After deducting consumption (0 €), gross margin stands at 13 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 365 €, representing 2.9% of revenue. Positive scissor effect: EBITDA margin improves by +49.3 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -25 k€ (-192.6% of revenue), which will impact equity.
12 728 €
12 728 €
365 €
397 €
-24 514 €
2.9%
The debt ratio (= Financial debt / Equity x 100) stands at 272%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 25%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 335.9 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 3.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
271.782%
25.165%
3.818%
335.852
In 2024, the debt ratio of TSN CONCEPT (271.78) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2024, the financial autonomy of TSN CONCEPT (25.2%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2024, the repayment capacity of TSN CONCEPT (335.85) 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 687.28. 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 6873.4x. Operating income very largely covers interest expenses: high safety margin.
687.283
6873.425
In 2024, the liquidity ratio of TSN CONCEPT (687.28) 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.
In 2024, the interest coverage of TSN CONCEPT (6873.4x) 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: 1779 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 71 days. The gap of 1708 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 2581 days of revenue, i.e. 91 k€ to permanently finance. Over 2016-2024, WCR increased by +65%, requiring additional financing.
91 259 €
1779 j
71 j
0 j
2581 j
Based on 54 transactions of similar company sales
in 2024,
the value of TSN CONCEPT is estimated at
3 913 €
(range 1 935€ - 5 241€).
With an EBITDA of 365€, the sector multiple of 4.8x is applied.
The price/revenue ratio is 0.59x
(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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 54 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 TSN CONCEPT with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des sociétés holding
The revenue of TSN CONCEPT in 2024 is 13 k€.
TSN CONCEPT recorded a net loss in 2024.
The headquarters of TSN CONCEPT is located in SAINT-VIAUD (44320), in the department Loire-Atlantique.
The tax return of TSN CONCEPT 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).
TSN CONCEPT operates in the sector Activités des sociétés holding (NAF code 64.20Z). See the 'Sector positioning' section above to compare the company with its competitors.