SIREN : 316970433
GERMINAL is a French company founded 47 years ago, specialized in the sector Travaux d'installation d'eau et de gaz en tous locaux. Based in ARGONAY (74370), this company of category PME shows in 2024 a revenue of 2.1 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2 089 147 € | 1 971 951 € | 1 747 304 € | 1 557 086 € | 1 277 358 € | 1 372 237 € | 1 613 551 € | 1 081 614 € |
| Net income | 278 435 € | 142 047 € | 127 275 € | 105 153 € | 75 198 € | 77 775 € | 80 875 € | 75 691 € |
| EBITDA | 344 069 € | 196 923 € | 196 604 € | 127 645 € | 43 372 € | 83 212 € | 103 379 € | 117 673 € |
| Net margin | 13.3% | 7.2% | 7.3% | 6.8% | 5.9% | 5.7% | 5.0% | 7.0% |
In 2024, GERMINAL achieves revenue of 2.1 M€. Over the period 2017-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +9.9%. Vs 2023: +6%. After deducting consumption (699 k€), gross margin stands at 1.4 M€, i.e. a rate of 67%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 344 k€, representing 16.5% of revenue. Positive scissor effect: EBITDA margin improves by +6.5 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 278 k€, i.e. 13.3% of revenue. This profit can be retained or distributed to shareholders.
2 089 147 €
1 390 452 €
344 069 €
297 040 €
278 435 €
16.4%
The debt ratio (= Financial debt / Equity x 100) stands at 58%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 50%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 15.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
58.378%
49.864%
15.651%
2.206
65.8%
In 2024, the debt ratio of GERMINAL (58.38) 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 GERMINAL (49.9%) 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 GERMINAL (2.21) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.
The liquidity ratio (= Current assets / Current liabilities) stands at 307.39. 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 2.6x. Financial charges are adequately covered by operations.
307.391
2.578
In 2024, the liquidity ratio of GERMINAL (307.39) 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.
In 2024, the interest coverage of GERMINAL (2.6x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 25 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 38 days. Favorable situation: supplier credit is longer than customer credit by 13 days. Inventory turnover is 54 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 22 days of revenue, i.e. 129 k€ to permanently finance. Notable WCR improvement over the period (-52%), freeing up cash.
129 423 €
25 j
38 j
54 j
22 j
Indicative estimate only : the number of comparable transactions in this sector is limited (28 transactions). This range of 148 807€ to 867 745€ is provided for information purposes only and requires in-depth analysis to be confirmed.
This estimate is based on the analysis of 28 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 GERMINAL with other companies in the same sector:
Voir toutes les statistiques du secteur Travaux d'installation d'eau et de gaz en tous locaux
The revenue of GERMINAL in 2024 is 2.1 M€.
Yes, GERMINAL generated a net profit of 278 k€ in 2024.
The headquarters of GERMINAL is located in ARGONAY (74370), in the department Haute-Savoie.
The tax return of GERMINAL 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).
GERMINAL 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.