UNION TEXTILE DE TOURCOING INDUSTRIES : revenue, balance sheet and financial ratios

UNION TEXTILE DE TOURCOING INDUSTRIES is a French company founded 67 years ago, specialized in the sector Ennoblissement textile. Based in TOURCOING (59200), this company of category PME shows in 2019 a revenue of 5.7 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 - UNION TEXTILE DE TOURCOING INDUSTRIES (SIREN 885980144)
Indicator 2023 2022 2021 2020 2019 2015
Revenue N/C N/C N/C N/C 5 746 787 € 8 212 631 €
Net income -315 704 € 32 624 € 62 687 € 210 425 € 227 198 € 367 912 €
EBITDA N/C N/C N/C N/C 808 516 € 832 469 €
Net margin N/C N/C N/C N/C 4.0% 4.5%

Revenue and income statement

In 2023, UNION TEXTILE DE TOURCOING INDUSTRIES records a net loss of 316 k€. This deficit will reduce equity on the balance sheet.

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

-315 704 €

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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 48%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 58%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

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

48.015%

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

58.219%

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

35.6%

Solvency indicators evolution
UNION TEXTILE DE TOURCOING INDUSTRIES

Sector positioning

Debt ratio
48.02 2023
2021
2022
2023
Q1: 0.0
Med: 15.43
Q3: 70.7
Average +8 pts over 3 years

In 2023, the debt ratio of UNION TEXTILE DE TOURCOIN... (48.02) 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
58.22% 2023
2021
2022
2023
Q1: 7.51%
Med: 42.22%
Q3: 61.29%
Good

In 2023, the financial autonomy of UNION TEXTILE DE TOURCOIN... (58.2%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 261.74. 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

261.742

Liquidity indicators evolution
UNION TEXTILE DE TOURCOING INDUSTRIES

Sector positioning

Liquidity ratio
261.74 2023
2021
2022
2023
Q1: 134.83
Med: 221.19
Q3: 413.41
Good -13 pts over 3 years

In 2023, the liquidity ratio of UNION TEXTILE DE TOURCOIN... (261.74) 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.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.

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

0 €

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

0 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

0 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 and payment terms evolution
UNION TEXTILE DE TOURCOING INDUSTRIES

Positioning of UNION TEXTILE DE TOURCOING INDUSTRIES in its sector

Comparison with sector Ennoblissement textile

Similar companies (Ennoblissement textile)

Compare UNION TEXTILE DE TOURCOING INDUSTRIES with other companies in the same sector:

Voir toutes les statistiques du secteur Ennoblissement textile

Frequently asked questions about UNION TEXTILE DE TOURCOING INDUSTRIES

What is the revenue of UNION TEXTILE DE TOURCOING INDUSTRIES ?

The revenue of UNION TEXTILE DE TOURCOING INDUSTRIES in 2019 is 5.7 M€.

Is UNION TEXTILE DE TOURCOING INDUSTRIES profitable?

UNION TEXTILE DE TOURCOING INDUSTRIES recorded a net loss in 2023.

Where is the headquarters of UNION TEXTILE DE TOURCOING INDUSTRIES ?

The headquarters of UNION TEXTILE DE TOURCOING INDUSTRIES is located in TOURCOING (59200), in the department Nord.

Where to find the tax return of UNION TEXTILE DE TOURCOING INDUSTRIES ?

The tax return of UNION TEXTILE DE TOURCOING INDUSTRIES 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 UNION TEXTILE DE TOURCOING INDUSTRIES operate?

UNION TEXTILE DE TOURCOING INDUSTRIES operates in the sector Ennoblissement textile (NAF code 13.30Z). See the 'Sector positioning' section above to compare the company with its competitors.