SIREN : 452124431
GASEL is a French company founded 22 years ago, specialized in the sector Location de logements. Based in LORGUES (83510), this company of category PME shows in 2024 a revenue of 115 k€. 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 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 114 545 € | 124 366 € | 112 244 € | 98 543 € | 94 157 € | 96 566 € | 83 894 € | 90 796 € | 91 835 € | 85 767 € |
| Net income | 43 141 € | 55 020 € | 42 034 € | 45 887 € | 34 943 € | 40 729 € | 22 591 € | 29 015 € | 24 403 € | 20 121 € |
| EBITDA | 56 715 € | 74 363 € | 60 540 € | 63 881 € | 52 221 € | 59 136 € | 45 494 € | 50 559 € | 31 421 € | 52 647 € |
| Net margin | 37.7% | 44.2% | 37.4% | 46.6% | 37.1% | 42.2% | 26.9% | 32.0% | 26.6% | 23.5% |
In 2024, GASEL achieves revenue of 115 k€. Revenue is growing positively over 10 years (CAGR: +3.3%). Slight decline of -8% vs 2023. After deducting consumption (11 k€), gross margin stands at 103 k€, i.e. a rate of 90%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 57 k€, representing 49.5% of revenue. Warning negative scissor effect: despite revenue change (-8%), EBITDA varies by -24%, reducing margin by 10.3 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 43 k€, i.e. 37.7% of revenue. This profit can be retained or distributed to shareholders.
114 545 €
103 434 €
56 715 €
41 317 €
43 141 €
49.5%
The debt ratio (= Financial debt / Equity x 100) stands at 15%. 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 repayment capacity (= Financial debt / Cash flow) indicates it would take 0.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 53.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
14.615%
2.748%
53.193%
0.125
39.8%
In 2024, the debt ratio of GASEL (14.62) 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 GASEL (2.8%) 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 GASEL (0.12) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.
The liquidity ratio (= Current assets / Current liabilities) stands at 60.74. 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 0.2x. Danger: operating income does not cover interest charges, unsustainable situation.
60.745
0.155
In 2024, the liquidity ratio of GASEL (60.74) 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 GASEL (0.1x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 12 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 26 days. Favorable situation: supplier credit is longer than customer credit by 14 days. WCR is negative (-660 days): operations structurally generate cash. Over 2015-2024, WCR increased by +26%, requiring additional financing.
-209 980 €
12 j
26 j
0 j
-660 j
Based on 169 transactions of similar company sales in 2024, the value of GASEL is estimated at 245 311 € (range 70 304€ - 441 795€). With an EBITDA of 56 715€, the sector multiple of 5.6x is applied. The price/revenue ratio is 0.81x (in line with sector norms). 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 169 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 GASEL with other companies in the same sector:
Voir toutes les statistiques du secteur Location de logements
The revenue of GASEL in 2024 is 115 k€.
Yes, GASEL generated a net profit of 43 k€ in 2024.
The headquarters of GASEL is located in LORGUES (83510), in the department Var.
The tax return of GASEL 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).
GASEL operates in the sector Location de logements (NAF code 68.20A). See the 'Sector positioning' section above to compare the company with its competitors.