EUROPE GLASS & COMPONENTS DISTRIBUTION : revenue, balance sheet and financial ratios

EUROPE GLASS & COMPONENTS DISTRIBUTION is a French company founded 3 years ago, specialized in the sector Commerce de gros (commerce interentreprises) de bois et de matériaux de construction . Based in VANVES (92170), this company of category ETI shows in 2023 a revenue of 21.9 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - EUROPE GLASS & COMPONENTS DISTRIBUTION (SIREN 920816436)
Indicator 2023 2022
Revenue 21 920 476 € 2 703 673 €
Net income -279 568 € -271 590 €
EBITDA -322 596 € -271 591 €
Net margin -1.3% -10.0%

Revenue and income statement

In 2023, EUROPE GLASS & COMPONENTS DISTRIBUTION achieves revenue of 21.9 M€. Vs 2022, growth of +711% (2.7 M€ -> 21.9 M€). After deducting consumption (19.2 M€), gross margin stands at 2.7 M€, i.e. a rate of 12%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -323 k€, representing -1.5% of revenue. Positive scissor effect: EBITDA margin improves by +8.6 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -280 k€ (-1.3% of revenue), which will impact equity.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

21 920 476 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

2 685 870 €

EBITDA (2023) ?
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

-322 596 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-322 586 €

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

-279 568 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-1.5%

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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 0%. 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 -3%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

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

0.0%

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

-2.552%

Cash flow / Revenue (2023) ?
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

-1.275%

Repayment capacity (2023) ?
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

0.0

Solvency indicators evolution
EUROPE GLASS & COMPONENTS DISTRIBUTION

Sector positioning

Debt ratio
0.0 2023
2022
2023
Q1: 2.55
Med: 20.68
Q3: 66.44
Excellent

In 2023, the debt ratio of EUROPE GLASS & COMPONENTS... (0.00) 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
-2.55% 2023
2022
2023
Q1: 23.86%
Med: 43.99%
Q3: 61.49%
Watch

In 2023, the financial autonomy of EUROPE GLASS & COMPONENTS... (-2.5%) 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
0.0 years 2023
2022
2023
Q1: 0.0 years
Med: 0.6 years
Q3: 2.59 years
Excellent

In 2023, the repayment capacity of EUROPE GLASS & COMPONENTS... (0.00) 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 97.51. 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

97.511

Interest coverage (2023) ?
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
EUROPE GLASS & COMPONENTS DISTRIBUTION

Sector positioning

Liquidity ratio
97.51 2023
2022
2023
Q1: 162.77
Med: 229.51
Q3: 335.91
Watch +5 pts over 2 years

In 2023, the liquidity ratio of EUROPE GLASS & COMPONENTS... (97.51) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
0.0x 2023
2022
2023
Q1: 0.0x
Med: 1.22x
Q3: 6.21x
Average

In 2023, the interest coverage of EUROPE GLASS & COMPONENTS... (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: 144 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 297 days. Excellent situation: suppliers finance 153 days of the operating cycle (retail model). Inventory turnover is 63 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 347 days of revenue, i.e. 21.1 M€ to permanently finance.

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

21 131 996 €

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

144 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

297 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

63 j

WCR in days of revenue (2023) ?
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

347 j

WCR and payment terms evolution
EUROPE GLASS & COMPONENTS DISTRIBUTION

Positioning of EUROPE GLASS & COMPONENTS DISTRIBUTION in its sector

Comparison with sector Commerce de gros (commerce interentreprises) de bois et de matériaux de construction

Similar companies (Commerce de gros (commerce interentreprises) de bois et de matériaux de construction )

Compare EUROPE GLASS & COMPONENTS DISTRIBUTION with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de gros (commerce interentreprises) de bois et de matériaux de construction

Frequently asked questions about EUROPE GLASS & COMPONENTS DISTRIBUTION

What is the revenue of EUROPE GLASS & COMPONENTS DISTRIBUTION ?

The revenue of EUROPE GLASS & COMPONENTS DISTRIBUTION in 2023 is 21.9 M€.

Is EUROPE GLASS & COMPONENTS DISTRIBUTION profitable?

EUROPE GLASS & COMPONENTS DISTRIBUTION recorded a net loss in 2023.

Where is the headquarters of EUROPE GLASS & COMPONENTS DISTRIBUTION ?

The headquarters of EUROPE GLASS & COMPONENTS DISTRIBUTION is located in VANVES (92170), in the department Hauts-de-Seine.

Where to find the tax return of EUROPE GLASS & COMPONENTS DISTRIBUTION ?

The tax return of EUROPE GLASS & COMPONENTS DISTRIBUTION 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 EUROPE GLASS & COMPONENTS DISTRIBUTION operate?

EUROPE GLASS & COMPONENTS DISTRIBUTION operates in the sector Commerce de gros (commerce interentreprises) de bois et de matériaux de construction (NAF code 46.73A). See the 'Sector positioning' section above to compare the company with its competitors.