GENERALE THERMIQUE : revenue, balance sheet and financial ratios

GENERALE THERMIQUE is a French company founded 17 years ago, specialized in the sector Travaux d'installation d'eau et de gaz en tous locaux. Based in AVION (62210), this company of category PME shows in 2018 a revenue of 2.4 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-02

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - GENERALE THERMIQUE (SIREN 510424872)
Indicator 2023 2022 2021 2019 2018 2017 2015 2014
Revenue N/C N/C N/C N/C 2 368 761 € 1 735 990 € 1 086 636 € 914 827 €
Net income -284 696 € -429 644 € 4 482 € 138 662 € 87 387 € 54 846 € 26 812 € 56 936 €
EBITDA N/C N/C N/C N/C 152 497 € 73 301 € 127 605 € 73 091 €
Net margin N/C N/C N/C N/C 3.7% 3.2% 2.5% 6.2%

Revenue and income statement

In 2023, GENERALE THERMIQUE records a net loss of 285 k€. This deficit will reduce equity on the balance sheet.

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-284 696 €

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at -0%. 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 -23%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

-0.152%

Financial autonomy (2023) ?
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

-23.464%

Asset age ratio (2023) ?
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

17.4%

Solvency indicators evolution
GENERALE THERMIQUE

Sector positioning

Debt ratio
-0.15 2023
2021
2022
2023
Q1: 1.67
Med: 17.71
Q3: 55.25
Excellent -50 pts over 3 years

In 2023, the debt ratio of GENERALE THERMIQUE (-0.15) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
-23.46% 2023
2021
2022
2023
Q1: 11.53%
Med: 34.4%
Q3: 54.98%
Watch -25 pts over 3 years

In 2023, the financial autonomy of GENERALE THERMIQUE (-23.5%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 78.62. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2023) ?
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

78.621

Liquidity indicators evolution
GENERALE THERMIQUE

Sector positioning

Liquidity ratio
78.62 2023
2021
2022
2023
Q1: 155.64
Med: 216.86
Q3: 318.57
Watch -51 pts over 3 years

In 2023, the liquidity ratio of GENERALE THERMIQUE (78.62) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

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: 1142 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 626 days. The gap of 516 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow.

Operating WCR (2023) ?
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

0 €

Customer credit (2023) ?
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

1142 j

Supplier credit (2023) ?
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

626 j

Inventory turnover (2023) ?
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 and payment terms evolution
GENERALE THERMIQUE

Positioning of GENERALE THERMIQUE in its sector

Comparison with sector Travaux d'installation d'eau et de gaz en tous locaux

Similar companies (Travaux d'installation d'eau et de gaz en tous locaux)

Compare GENERALE THERMIQUE with other companies in the same sector:

Voir toutes les statistiques du secteur Travaux d'installation d'eau et de gaz en tous locaux

Frequently asked questions about GENERALE THERMIQUE

What is the revenue of GENERALE THERMIQUE ?

The revenue of GENERALE THERMIQUE in 2018 is 2.4 M€.

Is GENERALE THERMIQUE profitable?

GENERALE THERMIQUE recorded a net loss in 2023.

Where is the headquarters of GENERALE THERMIQUE ?

The headquarters of GENERALE THERMIQUE is located in AVION (62210), in the department Pas-de-Calais.

Where to find the tax return of GENERALE THERMIQUE ?

The tax return of GENERALE THERMIQUE 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 GENERALE THERMIQUE operate?

GENERALE THERMIQUE operates in the sector Travaux d'installation d'eau et de gaz en tous locaux (NAF code 43.22A). See the 'Sector positioning' section above to compare the company with its competitors.