SIREN : 895750412
GASCOGNE is a French company founded 38 years ago, specialized in the sector Activités des sièges sociaux. Based in MIMIZAN (40200), this company of category ETI shows in 2024 a revenue of 10.0 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 10 030 000 € | 9 994 000 € | 9 591 000 € | 8 580 000 € | 8 385 000 € | 5 413 000 € | 5 240 000 € | 5 057 000 € |
| Net income | 4 810 000 € | 2 149 000 € | 13 719 000 € | 5 691 000 € | 2 349 000 € | 100 000 € | 6 551 000 € | 2 061 000 € |
| EBITDA | 68 000 € | 482 000 € | -2 119 000 € | -106 000 € | -255 000 € | 11 566 000 € | -102 000 € | 12 480 000 € |
| Net margin | 48.0% | 21.5% | 143.0% | 66.3% | 28.0% | 1.8% | 125.0% | 40.8% |
In 2024, GASCOGNE achieves revenue of 10.0 M€. Over the period 2017-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +10.3%. Vs 2023: +0%. After deducting consumption (0 €), gross margin stands at 10.0 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 68 k€, representing 0.7% of revenue. Warning negative scissor effect: despite revenue change (+0%), EBITDA varies by -86%, reducing margin by 4.1 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 4.8 M€, i.e. 48.0% of revenue. This profit can be retained or distributed to shareholders.
10 030 000 €
10 030 000 €
68 000 €
-73 000 €
4 810 000 €
0.7%
The debt ratio (= Financial debt / Equity x 100) stands at 136%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 42%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 49.6 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 45.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
135.837%
41.824%
45.872%
49.554
31.7%
In 2024, the debt ratio of GASCOGNE (135.84) 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 GASCOGNE (41.8%) 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 GASCOGNE (49.55) 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 3451.10. 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 14842.6x. Operating income very largely covers interest expenses: high safety margin.
3451.1
14842.647
In 2024, the liquidity ratio of GASCOGNE (3451.10) 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.
In 2024, the interest coverage of GASCOGNE (14842.6x) 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: 134 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 113 days. The company must finance 21 days of gap between collections and payments. Inventory turnover is 2 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 4739 days of revenue, i.e. 132.0 M€ to permanently finance. Over 2017-2024, WCR increased by +122%, requiring additional financing.
132 032 011 €
134 j
113 j
2 j
4739 j
Based on 103 transactions of similar company sales in 2024, the value of GASCOGNE is estimated at 10 453 935 € (range 3 711 632€ - 27 206 808€). With an EBITDA of 68 000€, 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 GASCOGNE with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des sièges sociaux
The revenue of GASCOGNE in 2024 is 10.0 M€.
Yes, GASCOGNE generated a net profit of 4.8 M€ in 2024.
The headquarters of GASCOGNE is located in MIMIZAN (40200), in the department Landes.
The tax return of GASCOGNE 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).
GASCOGNE 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.