SIREN : 321213225
GEG SOURCE D'ENERGIES is a French company founded 45 years ago, specialized in the sector Commerce d'électricité. Based in GRENOBLE (38000), this company of category ETI shows in 2024 a revenue of 267.4 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 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 267 393 855 € | 474 796 805 € | 320 167 337 € | 166 873 890 € | 156 882 187 € | 158 418 062 € | 142 481 410 € | 133 049 835 € | 106 105 940 € |
| Net income | 6 223 548 € | 21 331 128 € | -4 357 526 € | 1 889 197 € | -1 007 657 € | 2 923 125 € | 735 392 € | -36 600 € | 1 154 624 € |
| EBITDA | 19 908 678 € | 33 557 356 € | -4 245 875 € | 1 830 442 € | -1 613 796 € | 6 004 470 € | 1 108 646 € | 52 581 € | 1 386 239 € |
| Net margin | 2.3% | 4.5% | -1.4% | 1.1% | -0.6% | 1.8% | 0.5% | -0.0% | 1.1% |
In 2024, GEG SOURCE D'ENERGIES achieves revenue of 267.4 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +12.2%. Significant drop of -44% vs 2023. After deducting consumption (234.0 M€), gross margin stands at 33.4 M€, i.e. a rate of 13%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 19.9 M€, representing 7.4% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 6.2 M€, i.e. 2.3% of revenue. This profit can be retained or distributed to shareholders.
267 393 855 €
33 433 826 €
19 908 678 €
8 201 046 €
6 223 548 €
7.4%
The debt ratio (= Financial debt / Equity x 100) stands at 12%. 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 31%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.9 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 1.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
11.664%
30.626%
1.819%
0.945
8.8%
In 2024, the debt ratio of GEG SOURCE D'ENERGIES (11.66) 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 GEG SOURCE D'ENERGIES (30.6%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.
In 2024, the repayment capacity of GEG SOURCE D'ENERGIES (0.94) 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 117.22. 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 1.5x. Coverage is limited: any activity downturn would jeopardize interest payments.
117.222
1.47
In 2024, the liquidity ratio of GEG SOURCE D'ENERGIES (117.22) 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 GEG SOURCE D'ENERGIES (1.5x) 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: 72 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 64 days. The company must finance 8 days of gap between collections and payments. Inventory turnover is 9 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 88 days of revenue, i.e. 65.5 M€ to permanently finance. Over 2016-2024, WCR increased by +180%, requiring additional financing.
65 540 908 €
72 j
64 j
9 j
88 j
Based on 93 transactions of similar company sales
(all years),
the value of GEG SOURCE D'ENERGIES is estimated at
73 191 992 €
(range 10 619 232€ - 334 197 637€).
With an EBITDA of 19 908 678€, the sector multiple of 2.3x is applied.
The price/revenue ratio is 0.59x
(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.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 93 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 GEG SOURCE D'ENERGIES with other companies in the same sector:
Voir toutes les statistiques du secteur Commerce d'électricité
The revenue of GEG SOURCE D'ENERGIES in 2024 is 267.4 M€.
Yes, GEG SOURCE D'ENERGIES generated a net profit of 6.2 M€ in 2024.
The headquarters of GEG SOURCE D'ENERGIES is located in GRENOBLE (38000), in the department Isere.
The tax return of GEG SOURCE D'ENERGIES 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).
GEG SOURCE D'ENERGIES operates in the sector Commerce d'électricité (NAF code 35.14Z). See the 'Sector positioning' section above to compare the company with its competitors.