SIREN : 508999612
TT2B is a French company founded 17 years ago, specialized in the sector Travaux de terrassement courants et travaux préparatoires. Based in CLEDEN-POHER (29270), this company of category PME shows in 2023 a revenue of 2.7 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 | 2023 | 2022 | 2021 | 2020 | 2019 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|
| Revenue | 2 718 794 € | 2 812 961 € | 2 851 931 € | 2 442 298 € | 2 366 252 € | 907 748 € | 521 018 € |
| Net income | 6 399 € | -66 399 € | -340 922 € | 64 329 € | 53 746 € | 64 777 € | 34 526 € |
| EBITDA | -11 646 € | -21 672 € | 120 015 € | 109 847 € | 58 455 € | 87 839 € | 58 582 € |
| Net margin | 0.2% | -2.4% | -12.0% | 2.6% | 2.3% | 7.1% | 6.6% |
In 2023, TT2B achieves revenue of 2.7 M€. Over the period 2016-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +26.6%. Slight decline of -3% vs 2022. After deducting consumption (634 k€), gross margin stands at 2.1 M€, i.e. a rate of 77%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -12 k€, representing -0.4% of revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 6 k€, i.e. 0.2% of revenue. This profit can be retained or distributed to shareholders.
2 718 794 €
2 085 118 €
-11 646 €
-28 057 €
6 399 €
-0.4%
The debt ratio (= Financial debt / Equity x 100) stands at 189%. 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 17%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
189.387%
17.261%
-0.198%
-45.875
31.1%
In 2023, the debt ratio of TT2B (189.39) 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 2023, the financial autonomy of TT2B (17.3%) 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 2023, the repayment capacity of TT2B (-45.88) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 153.09. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
153.093
-190.28
In 2023, the liquidity ratio of TT2B (153.09) 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 2023, the interest coverage of TT2B (-190.3x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 52 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 19 days. The gap of 33 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 35 days of revenue, i.e. 262 k€ to permanently finance. Over 2016-2023, WCR increased by +50%, requiring additional financing.
261 956 €
52 j
19 j
0 j
35 j
Based on 120 transactions of similar company sales (all years), the value of TT2B is estimated at 375 303 € (range 199 539€ - 818 415€). The price/revenue ratio is 0.22x (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 120 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 TT2B with other companies in the same sector:
Voir toutes les statistiques du secteur Travaux de terrassement courants et travaux préparatoires
The revenue of TT2B in 2023 is 2.7 M€.
Yes, TT2B generated a net profit of 6 k€ in 2023.
The headquarters of TT2B is located in CLEDEN-POHER (29270), in the department Finistere.
The tax return of TT2B 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).
TT2B operates in the sector Travaux de terrassement courants et travaux préparatoires (NAF code 43.12A). See the 'Sector positioning' section above to compare the company with its competitors.