GERMITEC : revenue, balance sheet and financial ratios

GERMITEC is a French company founded 20 years ago, specialized in the sector Commerce de gros (commerce interentreprises) de produits pharmaceutiques. Based in BORDEAUX (33000), this company of category PME shows in 2020 a revenue of 4.5 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 - GERMITEC (SIREN 484531199)
Indicator 2024 2023 2022 2020 2019 2018 2017 2016
Revenue N/C N/C N/C 4 542 797 € 3 211 883 € 1 861 977 € 1 310 448 € 1 355 681 €
Net income -7 278 373 € -7 567 054 € -5 627 796 € 51 099 € 933 907 € -1 871 892 € -1 303 171 € -651 693 €
EBITDA N/C N/C N/C -1 046 031 € -2 016 225 € -2 120 703 € -1 207 898 € -673 844 €
Net margin N/C N/C N/C 1.1% 29.1% -100.5% -99.4% -48.1%

Revenue and income statement

In 2024, GERMITEC records a net loss of 7.3 M€. This deficit will reduce equity on the balance sheet.

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

-7 278 373 €

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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 -153%. 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 -99%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

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

-152.785%

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

-99.102%

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

43.2%

Solvency indicators evolution
GERMITEC

Sector positioning

Debt ratio
-152.78 2024
2022
2023
2024
Q1: 0.0
Med: 4.27
Q3: 43.96
Excellent -50 pts over 3 years

In 2024, the debt ratio of GERMITEC (-152.78) 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
-99.1% 2024
2022
2023
2024
Q1: 14.64%
Med: 38.36%
Q3: 60.56%
Watch -20 pts over 3 years

In 2024, the financial autonomy of GERMITEC (-99.1%) 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 205.17. 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

205.17

Liquidity indicators evolution
GERMITEC

Sector positioning

Liquidity ratio
205.17 2024
2022
2023
2024
Q1: 132.74
Med: 202.27
Q3: 325.9
Good -24 pts over 3 years

In 2024, the liquidity ratio of GERMITEC (205.17) 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.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.

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

0 €

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

0 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

0 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 and payment terms evolution
GERMITEC

Positioning of GERMITEC in its sector

Comparison with sector Commerce de gros (commerce interentreprises) de produits pharmaceutiques

Similar companies (Commerce de gros (commerce interentreprises) de produits pharmaceutiques)

Compare GERMITEC with other companies in the same sector:

Voir toutes les statistiques du secteur Commerce de gros (commerce interentreprises) de produits pharmaceutiques

Frequently asked questions about GERMITEC

What is the revenue of GERMITEC ?

The revenue of GERMITEC in 2020 is 4.5 M€.

Is GERMITEC profitable?

GERMITEC recorded a net loss in 2024.

Where is the headquarters of GERMITEC ?

The headquarters of GERMITEC is located in BORDEAUX (33000), in the department Gironde.

Where to find the tax return of GERMITEC ?

The tax return of GERMITEC 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 GERMITEC operate?

GERMITEC operates in the sector Commerce de gros (commerce interentreprises) de produits pharmaceutiques (NAF code 46.46Z). See the 'Sector positioning' section above to compare the company with its competitors.