GEN ETANCHEITE COUVERTURE ILE DE FRANCE : revenue, balance sheet and financial ratios

GEN ETANCHEITE COUVERTURE ILE DE FRANCE is a French company founded 33 years ago, specialized in the sector Travaux d'étanchéification. Based in GENNEVILLIERS (92230), this company of category ETI shows in 2024 a revenue of 29.5 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

Financial history - GEN ETANCHEITE COUVERTURE ILE DE FRANCE (SIREN 388989964)
Indicator 2024 2023 2022 2022 2021 2020 2019 2018 2017
Revenue 29 515 142 € 21 298 943 € 17 566 298 € 25 149 987 € 22 279 419 € 21 208 455 € 19 002 784 € 15 878 037 € 14 638 527 €
Net income 3 711 081 € 3 251 182 € 2 121 042 € 3 457 077 € 2 904 832 € 2 109 833 € 1 059 647 € 924 888 € 837 244 €
EBITDA 5 269 647 € 4 512 104 € 3 094 828 € 4 990 881 € 4 305 057 € 3 325 456 € 2 012 152 € 1 429 977 € 1 412 266 €
Net margin 12.6% 15.3% 12.1% 13.7% 13.0% 9.9% 5.6% 5.8% 5.7%

Revenue and income statement

In 2024, GEN ETANCHEITE COUVERTURE ILE DE FRANCE achieves revenue of 29.5 M€. Over the period 2017-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +10.5%. Vs 2023, growth of +39% (21.3 M€ -> 29.5 M€). After deducting consumption (6.2 M€), gross margin stands at 23.3 M€, i.e. a rate of 79%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 5.3 M€, representing 17.9% of revenue. Warning negative scissor effect: despite revenue change (+39%), EBITDA varies by +17%, reducing margin by 3.3 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 3.7 M€, i.e. 12.6% 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

29 515 142 €

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

23 329 982 €

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

5 269 647 €

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

5 085 633 €

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

3 711 081 €

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

17.8%

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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 48%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 24%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.5 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 13.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

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

48.234%

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

23.799%

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

13.13%

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

0.538

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

14.6%

Solvency indicators evolution
GEN ETANCHEITE COUVERTURE ILE DE FRANCE

Sector positioning

Debt ratio
48.23 2024
2022
2023
2024
Q1: 0.07
Med: 10.92
Q3: 40.42
Watch

In 2024, the debt ratio of GEN ETANCHEITE COUVERTURE... (48.23) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
23.8% 2024
2022
2023
2024
Q1: 8.73%
Med: 28.72%
Q3: 49.51%
Average -9 pts over 3 years

In 2024, the financial autonomy of GEN ETANCHEITE COUVERTURE... (23.8%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
0.54 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.07 years
Q3: 0.7 years
Average -6 pts over 3 years

In 2024, the repayment capacity of GEN ETANCHEITE COUVERTURE... (0.54) 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 219.17. 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 3.1x. Financial charges are adequately covered by operations.

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

219.172

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

3.053

Liquidity indicators evolution
GEN ETANCHEITE COUVERTURE ILE DE FRANCE

Sector positioning

Liquidity ratio
219.17 2024
2022
2023
2024
Q1: 142.9
Med: 192.25
Q3: 278.28
Good -17 pts over 3 years

In 2024, the liquidity ratio of GEN ETANCHEITE COUVERTURE... (219.17) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
3.05x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.31x
Q3: 2.52x
Excellent

In 2024, the interest coverage of GEN ETANCHEITE COUVERTURE... (3.0x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 183 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 63 days. The gap of 120 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 128 days of revenue, i.e. 10.5 M€ to permanently finance. Over 2017-2024, WCR increased by +183%, 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

10 528 937 €

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

183 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

63 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

128 j

WCR and payment terms evolution
GEN ETANCHEITE COUVERTURE ILE DE FRANCE

Positioning of GEN ETANCHEITE COUVERTURE ILE DE FRANCE in its sector

Comparison with sector Travaux d'étanchéification

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (25 transactions). This range of 7 166 924€ to 20 665 868€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
7166k€ 13761k€ 20665k€
13 761 972 € Range: 7 166 924€ - 20 665 868€
NAF 5 année 2024

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 25 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 (Travaux d'étanchéification)

Compare GEN ETANCHEITE COUVERTURE ILE DE FRANCE with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux d'étanchéification

Frequently asked questions about GEN ETANCHEITE COUVERTURE ILE DE FRANCE

What is the revenue of GEN ETANCHEITE COUVERTURE ILE DE FRANCE ?

The revenue of GEN ETANCHEITE COUVERTURE ILE DE FRANCE in 2024 is 29.5 M€.

Is GEN ETANCHEITE COUVERTURE ILE DE FRANCE profitable?

Yes, GEN ETANCHEITE COUVERTURE ILE DE FRANCE generated a net profit of 3.7 M€ in 2024.

Where is the headquarters of GEN ETANCHEITE COUVERTURE ILE DE FRANCE ?

The headquarters of GEN ETANCHEITE COUVERTURE ILE DE FRANCE is located in GENNEVILLIERS (92230), in the department Hauts-de-Seine.

Where to find the tax return of GEN ETANCHEITE COUVERTURE ILE DE FRANCE ?

The tax return of GEN ETANCHEITE COUVERTURE ILE DE FRANCE 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 GEN ETANCHEITE COUVERTURE ILE DE FRANCE operate?

GEN ETANCHEITE COUVERTURE ILE DE FRANCE operates in the sector Travaux d'étanchéification (NAF code 43.99A). See the 'Sector positioning' section above to compare the company with its competitors.