ETABLISSEMENTS GLADSTEIN - VETEMENTS PHILIPPE : revenue, balance sheet and financial ratios

ETABLISSEMENTS GLADSTEIN - VETEMENTS PHILIPPE is a French company founded 68 years ago, specialized in the sector Commerce de détail d'habillement en magasin spécialisé. Based in DUNKERQUE (59140), this company of category PME shows in 2025 a revenue of 1.2 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 - ETABLISSEMENTS GLADSTEIN - VETEMENTS PHILIPPE (SIREN 075850636)
Indicator 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 1 226 273 € 1 156 173 € 1 233 532 € 1 080 842 € 773 433 € 1 318 876 € 1 281 721 € 1 490 621 € 1 426 167 € 1 738 027 €
Net income 93 603 € -358 918 € -445 482 € 233 223 € -784 492 € 184 506 € -706 448 € 66 831 € -56 161 € 21 722 €
EBITDA -223 434 € -239 905 € -280 893 € -68 836 € -259 675 € -110 930 € -30 464 € -6 935 € -36 759 € 61 944 €
Net margin 7.6% -31.0% -36.1% 21.6% -101.4% 14.0% -55.1% 4.5% -3.9% 1.2%

Revenue and income statement

In 2025, ETABLISSEMENTS GLADSTEIN - VETEMENTS PHILIPPE achieves revenue of 1.2 M€. Activity remains stable over the period (CAGR: -3.8%). Vs 2024: +6%. After deducting consumption (795 k€), gross margin stands at 431 k€, i.e. a rate of 35%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -223 k€, representing -18.2% of revenue. Positive scissor effect: EBITDA margin improves by +2.5 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 94 k€, i.e. 7.6% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2025) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

1 226 273 €

Gross margin (2025) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

431 112 €

EBITDA (2025) ?
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

-223 434 €

EBIT (2025) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-323 502 €

Net income (2025) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

93 603 €

EBITDA margin (2025) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-18.2%

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Chart evolution

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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 2737%. 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 3%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2025) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

2736.852%

Financial autonomy (2025) ?
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

3.4%

Cash flow / Revenue (2025) ?
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

-20.586%

Repayment capacity (2025) ?
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

-45.179

Asset age ratio (2025) ?
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

41.5%

Solvency indicators evolution
ETABLISSEMENTS GLADSTEIN - VETEMENTS PHILIPPE

Sector positioning

Debt ratio
2736.85 2025
2023
2024
2025
Q1: 2.38
Med: 23.1
Q3: 81.62
Watch

In 2025, the debt ratio of ETABLISSEMENTS GLADSTEIN ... (2736.85) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
3.4% 2025
2023
2024
2025
Q1: 13.16%
Med: 41.83%
Q3: 65.16%
Average

In 2025, the financial autonomy of ETABLISSEMENTS GLADSTEIN ... (3.4%) 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
-45.18 years 2025
2023
2024
2025
Q1: 0.0 years
Med: 0.4 years
Q3: 2.84 years
Excellent -6 pts over 3 years

In 2025, the repayment capacity of ETABLISSEMENTS GLADSTEIN ... (-45.18) 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 487.14. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2025) ?
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

487.144

Interest coverage (2025) ?
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

-354.197

Liquidity indicators evolution
ETABLISSEMENTS GLADSTEIN - VETEMENTS PHILIPPE

Sector positioning

Liquidity ratio
487.14 2025
2023
2024
2025
Q1: 124.91
Med: 218.23
Q3: 398.1
Excellent +16 pts over 3 years

In 2025, the liquidity ratio of ETABLISSEMENTS GLADSTEIN ... (487.14) 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
-354.2x 2025
2023
2024
2025
Q1: 0.0x
Med: 0.38x
Q3: 7.12x
Watch

In 2025, the interest coverage of ETABLISSEMENTS GLADSTEIN ... (-354.2x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 16 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 109 days. Excellent situation: suppliers finance 93 days of the operating cycle (retail model). Inventory turnover is 130 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 600 days of revenue, i.e. 2.0 M€ to permanently finance. Over 2016-2025, WCR increased by +146%, requiring additional financing.

Operating WCR (2025) ?
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

2 042 554 €

Customer credit (2025) ?
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

16 j

Supplier credit (2025) ?
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

109 j

Inventory turnover (2025) ?
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

130 j

WCR in days of revenue (2025) ?
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

600 j

WCR and payment terms evolution
ETABLISSEMENTS GLADSTEIN - VETEMENTS PHILIPPE

Positioning of ETABLISSEMENTS GLADSTEIN - VETEMENTS PHILIPPE in its sector

Comparison with sector Commerce de détail d'habillement en magasin spécialisé

Valuation estimate

Based on 51 transactions of similar company sales in 2025, the value of ETABLISSEMENTS GLADSTEIN - VETEMENTS PHILIPPE is estimated at 204 109 € (range 121 414€ - 862 457€). The price/revenue ratio is 0.17x (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.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2025
51 tx
121k€ 204k€ 862k€
204 109 € Range: 121 414€ - 862 457€
NAF 5 année 2025

Valuation detail by method

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Revenue Multiple 30%
1 226 273 € × 0.17x
Estimation 207 788 €
122 131€ - 841 940€
Net Income Multiple 20%
93 603 € × 2.1x
Estimation 198 592 €
120 339€ - 893 235€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 51 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 (Commerce de détail d'habillement en magasin spécialisé)

Compare ETABLISSEMENTS GLADSTEIN - VETEMENTS PHILIPPE with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de détail d'habillement en magasin spécialisé

Frequently asked questions about ETABLISSEMENTS GLADSTEIN - VETEMENTS PHILIPPE

What is the revenue of ETABLISSEMENTS GLADSTEIN - VETEMENTS PHILIPPE ?

The revenue of ETABLISSEMENTS GLADSTEIN - VETEMENTS PHILIPPE in 2025 is 1.2 M€.

Is ETABLISSEMENTS GLADSTEIN - VETEMENTS PHILIPPE profitable?

Yes, ETABLISSEMENTS GLADSTEIN - VETEMENTS PHILIPPE generated a net profit of 94 k€ in 2025.

Where is the headquarters of ETABLISSEMENTS GLADSTEIN - VETEMENTS PHILIPPE ?

The headquarters of ETABLISSEMENTS GLADSTEIN - VETEMENTS PHILIPPE is located in DUNKERQUE (59140), in the department Nord.

Where to find the tax return of ETABLISSEMENTS GLADSTEIN - VETEMENTS PHILIPPE ?

The tax return of ETABLISSEMENTS GLADSTEIN - VETEMENTS PHILIPPE 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 ETABLISSEMENTS GLADSTEIN - VETEMENTS PHILIPPE operate?

ETABLISSEMENTS GLADSTEIN - VETEMENTS PHILIPPE operates in the sector Commerce de détail d'habillement en magasin spécialisé (NAF code 47.71Z). See the 'Sector positioning' section above to compare the company with its competitors.