SIREN : 488885773
G2L is a French company founded 20 years ago, specialized in the sector Activités des sièges sociaux. Based in ANGERS (49100), this company of category ETI shows in 2024 a revenue of 21.5 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 21 474 820 € | 18 217 093 € | 15 628 564 € | 12 027 188 € | 8 931 486 € | 6 867 928 € | 6 083 568 € | 5 231 380 € | 4 662 806 € |
| Net income | -1 998 350 € | 2 532 682 € | 6 765 816 € | 1 920 927 € | 1 729 591 € | 856 673 € | 999 607 € | 729 387 € | 560 186 € |
| EBITDA | 381 517 € | 472 771 € | 835 022 € | 399 328 € | 493 985 € | 170 567 € | 395 480 € | 430 888 € | 605 986 € |
| Net margin | -9.3% | 13.9% | 43.3% | 16.0% | 19.4% | 12.5% | 16.4% | 13.9% | 12.0% |
In 2024, G2L achieves revenue of 21.5 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +21.0%. Vs 2023, growth of +18% (18.2 M€ -> 21.5 M€). After deducting consumption (645 k€), gross margin stands at 20.8 M€, i.e. a rate of 97%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 382 k€, representing 1.8% of revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -2.0 M€ (-9.3% of revenue), which will impact equity.
21 474 820 €
20 829 611 €
381 517 €
96 643 €
-1 998 350 €
1.8%
The debt ratio (= Financial debt / Equity x 100) stands at 134%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 31%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 8.8 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 2.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
134.152%
31.208%
2.794%
8.778
56.5%
In 2024, the debt ratio of G2L (134.15) 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 2024, the financial autonomy of G2L (31.2%) 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 2024, the repayment capacity of G2L (8.78) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.
The liquidity ratio (= Current assets / Current liabilities) stands at 332.37. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months. The interest coverage ratio (= EBIT / Interest expenses) is 667.8x. Operating income very largely covers interest expenses: high safety margin.
332.368
667.771
In 2024, the liquidity ratio of G2L (332.37) 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 2024, the interest coverage of G2L (667.8x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 8 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 37 days. Favorable situation: supplier credit is longer than customer credit by 29 days. Overall, WCR represents 144 days of revenue, i.e. 8.6 M€ to permanently finance. Over 2016-2024, WCR increased by +126%, requiring additional financing.
8 601 095 €
8 j
37 j
0 j
144 j
Based on 103 transactions of similar company sales in 2024, the value of G2L is estimated at 4 240 687 € (range 1 655 942€ - 8 126 413€). With an EBITDA of 381 517€, the sector multiple of 5.0x is applied. The price/revenue ratio is 0.38x (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 103 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 G2L with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des sièges sociaux
The revenue of G2L in 2024 is 21.5 M€.
G2L recorded a net loss in 2024.
The headquarters of G2L is located in ANGERS (49100), in the department Maine-et-Loire.
The tax return of G2L 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).
G2L operates in the sector Activités des sièges sociaux (NAF code 70.10Z). See the 'Sector positioning' section above to compare the company with its competitors.