GE AVIC CIVIL AVIONICS SYSTEMS (EUROPE) SAS : revenue, balance sheet and financial ratios

GE AVIC CIVIL AVIONICS SYSTEMS (EUROPE) SAS is a French company founded 11 years ago, specialized in the sector Ingénierie, études techniques. Based in TOULOUSE (31000), this company of category PME shows in 2024 a revenue of 724 k€. 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 - GE AVIC CIVIL AVIONICS SYSTEMS (EUROPE) SAS (SIREN 808038376)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 723 846 € 739 430 € 939 492 € 1 189 739 € 1 625 186 € 1 801 684 € 1 717 613 € 1 370 515 € 1 128 796 €
Net income 25 852 € 26 389 € 33 554 € 41 641 € 55 676 € 61 772 € 58 861 € 46 939 € 35 835 €
EBITDA 42 919 € 41 439 € 56 993 € 70 499 € 85 137 € 97 089 € 92 176 € 75 186 € 61 222 €
Net margin 3.6% 3.6% 3.6% 3.5% 3.4% 3.4% 3.4% 3.4% 3.2%

Revenue and income statement

In 2024, GE AVIC CIVIL AVIONICS SYSTEMS (EUROPE) SAS achieves revenue of 724 k€. Revenue is declining over the period 2016-2024 (CAGR: -5.4%). Slight decline of -2% vs 2023. After deducting consumption (0 €), gross margin stands at 724 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 43 k€, representing 5.9% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 26 k€, i.e. 3.6% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

723 846 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

723 846 €

EBITDA (2024) ?
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

42 919 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

34 469 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

25 852 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

5.9%

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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 1%. 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 37%. The balance between equity and debt is satisfactory. 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 4.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

1.204%

Financial autonomy (2024) ?
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

36.957%

Cash flow / Revenue (2024) ?
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

4.758%

Repayment capacity (2024) ?
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

0.139

Asset age ratio (2024) ?
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

22.3%

Solvency indicators evolution
GE AVIC CIVIL AVIONICS SYSTEMS (EUROPE) SAS

Sector positioning

Debt ratio
1.2 2024
2022
2023
2024
Q1: 0.0
Med: 8.25
Q3: 42.9
Good

In 2024, the debt ratio of GE AVIC CIVIL AVIONICS SY... (1.20) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
36.96% 2024
2022
2023
2024
Q1: 11.27%
Med: 37.87%
Q3: 61.33%
Average +9 pts over 3 years

In 2024, the financial autonomy of GE AVIC CIVIL AVIONICS SY... (37.0%) 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
0.14 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.9 years
Average

In 2024, the repayment capacity of GE AVIC CIVIL AVIONICS SY... (0.14) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 153.46. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2024) ?
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

153.463

Interest coverage (2024) ?
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
GE AVIC CIVIL AVIONICS SYSTEMS (EUROPE) SAS

Sector positioning

Liquidity ratio
153.46 2024
2022
2023
2024
Q1: 148.97
Med: 229.92
Q3: 405.25
Average

In 2024, the liquidity ratio of GE AVIC CIVIL AVIONICS SY... (153.46) 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.

Interest coverage
0.0x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 2.05x
Average

In 2024, the interest coverage of GE AVIC CIVIL AVIONICS SY... (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: 300 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 23 days. The gap of 277 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 41 days of revenue, i.e. 83 k€ to permanently finance. Over 2016-2024, WCR increased by +123%, requiring additional financing.

Operating WCR (2024) ?
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

83 134 €

Customer credit (2024) ?
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

300 j

Supplier credit (2024) ?
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

23 j

Inventory turnover (2024) ?
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

0 j

WCR in days of revenue (2024) ?
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

41 j

WCR and payment terms evolution
GE AVIC CIVIL AVIONICS SYSTEMS (EUROPE) SAS

Positioning of GE AVIC CIVIL AVIONICS SYSTEMS (EUROPE) SAS in its sector

Comparison with sector Ingénierie, études techniques

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (40 transactions). This range of 38 432€ to 156 762€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
38k€ 65k€ 156k€
65 972 € Range: 38 432€ - 156 762€
NAF 5 année 2024

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 40 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 (Ingénierie, études techniques)

Compare GE AVIC CIVIL AVIONICS SYSTEMS (EUROPE) SAS with other companies in the same sector:

Voir toutes les statistiques du secteur Ingénierie, études techniques

Frequently asked questions about GE AVIC CIVIL AVIONICS SYSTEMS (EUROPE) SAS

What is the revenue of GE AVIC CIVIL AVIONICS SYSTEMS (EUROPE) SAS ?

The revenue of GE AVIC CIVIL AVIONICS SYSTEMS (EUROPE) SAS in 2024 is 724 k€.

Is GE AVIC CIVIL AVIONICS SYSTEMS (EUROPE) SAS profitable?

Yes, GE AVIC CIVIL AVIONICS SYSTEMS (EUROPE) SAS generated a net profit of 26 k€ in 2024.

Where is the headquarters of GE AVIC CIVIL AVIONICS SYSTEMS (EUROPE) SAS ?

The headquarters of GE AVIC CIVIL AVIONICS SYSTEMS (EUROPE) SAS is located in TOULOUSE (31000), in the department Haute-Garonne.

Where to find the tax return of GE AVIC CIVIL AVIONICS SYSTEMS (EUROPE) SAS ?

The tax return of GE AVIC CIVIL AVIONICS SYSTEMS (EUROPE) SAS 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 GE AVIC CIVIL AVIONICS SYSTEMS (EUROPE) SAS operate?

GE AVIC CIVIL AVIONICS SYSTEMS (EUROPE) SAS operates in the sector Ingénierie, études techniques (NAF code 71.12B). See the 'Sector positioning' section above to compare the company with its competitors.