COMPAGNIE APICOLE GATINAIS ET CENTRE : revenue, balance sheet and financial ratios

COMPAGNIE APICOLE GATINAIS ET CENTRE is a French company founded 37 years ago, specialized in the sector Activités de conditionnement. Based in PITHIVIERS (45300), this company of category PME shows in 2024 a revenue of 302 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 - COMPAGNIE APICOLE GATINAIS ET CENTRE (SIREN 348115403)
Indicator 2024 2023 2021 2020 2018 2017 2016
Revenue 302 431 € 563 460 € 2 177 467 € 2 714 220 € 3 059 605 € 4 160 781 € 3 662 458 €
Net income -82 670 € 27 867 € -73 663 € -11 719 € -346 763 € -291 577 € -309 333 €
EBITDA -67 814 € 46 965 € -65 305 € 52 552 € -283 379 € -162 926 € -217 268 €
Net margin -27.3% 4.9% -3.4% -0.4% -11.3% -7.0% -8.4%

Revenue and income statement

In 2024, COMPAGNIE APICOLE GATINAIS ET CENTRE achieves revenue of 302 k€. Revenue is declining over the period 2016-2024 (CAGR: -26.8%). Significant drop of -46% vs 2023. After deducting consumption (115 k€), gross margin stands at 187 k€, i.e. a rate of 62%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -68 k€, representing -22.4% of revenue. Warning negative scissor effect: despite revenue change (-46%), EBITDA varies by -244%, reducing margin by 30.8 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -83 k€ (-27.3% of revenue), which will impact equity.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

302 431 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

187 308 €

EBITDA (2024) ?
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

-67 814 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-84 402 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-82 670 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-22.4%

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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 -166%. 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 -147%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

-166.182%

Financial autonomy (2024) ?
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

-147.363%

Cash flow / Revenue (2024) ?
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

-21.851%

Repayment capacity (2024) ?
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

-26.74

Asset age ratio (2024) ?
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

7.8%

Solvency indicators evolution
COMPAGNIE APICOLE GATINAIS ET CENTRE

Sector positioning

Debt ratio
-166.18 2024
2021
2023
2024
Q1: 0.0
Med: 15.98
Q3: 81.99
Excellent

In 2024, the debt ratio of COMPAGNIE APICOLE GATINAI... (-166.18) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
-147.36% 2024
2021
2023
2024
Q1: 12.58%
Med: 32.91%
Q3: 57.03%
Watch

In 2024, the financial autonomy of COMPAGNIE APICOLE GATINAI... (-147.4%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.

Repayment capacity
-26.74 years 2024
2021
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 1.95 years
Excellent

In 2024, the repayment capacity of COMPAGNIE APICOLE GATINAI... (-26.74) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 3718.47. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2024) ?
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

3718.472

Interest coverage (2024) ?
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
COMPAGNIE APICOLE GATINAIS ET CENTRE

Sector positioning

Liquidity ratio
3718.47 2024
2021
2023
2024
Q1: 121.0
Med: 186.75
Q3: 316.6
Excellent +40 pts over 3 years

In 2024, the liquidity ratio of COMPAGNIE APICOLE GATINAI... (3718.47) 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.

Interest coverage
0.0x 2024
2021
2023
2024
Q1: 0.0x
Med: 0.44x
Q3: 6.5x
Average

In 2024, the interest coverage of COMPAGNIE APICOLE GATINAI... (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: 25 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 17 days. The company must finance 8 days of gap between collections and payments. Inventory turnover is 772 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 805 days of revenue, i.e. 676 k€ to permanently finance. Notable WCR improvement over the period (-45%), freeing up cash.

Operating WCR (2024) ?
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

675 924 €

Customer credit (2024) ?
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

25 j

Supplier credit (2024) ?
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

17 j

Inventory turnover (2024) ?
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

772 j

WCR in days of revenue (2024) ?
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

805 j

WCR and payment terms evolution
COMPAGNIE APICOLE GATINAIS ET CENTRE

Positioning of COMPAGNIE APICOLE GATINAIS ET CENTRE in its sector

Comparison with sector Activités de conditionnement

Valuation estimate

Based on 158 transactions of similar company sales (all years), the value of COMPAGNIE APICOLE GATINAIS ET CENTRE is estimated at 107 783 € (range 56 337€ - 201 985€). The price/revenue ratio is 0.36x (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.

Estimated enterprise value 2024
158 transactions
56k€ 107k€ 201k€
107 783 € Range: 56 337€ - 201 985€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation method used

Revenue Multiple
302 431 € × 0.36x = 107 783 €
Range: 56 338€ - 201 986€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 158 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 (Activités de conditionnement)

Compare COMPAGNIE APICOLE GATINAIS ET CENTRE with other companies in the same sector:

Voir toutes les statistiques du secteur Activités de conditionnement

Frequently asked questions about COMPAGNIE APICOLE GATINAIS ET CENTRE

What is the revenue of COMPAGNIE APICOLE GATINAIS ET CENTRE ?

The revenue of COMPAGNIE APICOLE GATINAIS ET CENTRE in 2024 is 302 k€.

Is COMPAGNIE APICOLE GATINAIS ET CENTRE profitable?

COMPAGNIE APICOLE GATINAIS ET CENTRE recorded a net loss in 2024.

Where is the headquarters of COMPAGNIE APICOLE GATINAIS ET CENTRE ?

The headquarters of COMPAGNIE APICOLE GATINAIS ET CENTRE is located in PITHIVIERS (45300), in the department Loiret.

Where to find the tax return of COMPAGNIE APICOLE GATINAIS ET CENTRE ?

The tax return of COMPAGNIE APICOLE GATINAIS ET CENTRE 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 COMPAGNIE APICOLE GATINAIS ET CENTRE operate?

COMPAGNIE APICOLE GATINAIS ET CENTRE operates in the sector Activités de conditionnement (NAF code 82.92Z). See the 'Sector positioning' section above to compare the company with its competitors.