GHESTEM FINANCES : revenue, balance sheet and financial ratios

GHESTEM FINANCES is a French company founded 15 years ago, specialized in the sector Location de terrains et d'autres biens immobiliers. Based in SANCHEVILLE (28800), this company of category ETI shows in 2022 a revenue of 1.0 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-18

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

Financial history - GHESTEM FINANCES (SIREN 529268187)
Indicator 2022 2021 2020 2019 2018 2017 2016 2015
Revenue 1 016 000 € 714 149 € 928 120 € 1 325 659 € 380 346 € 2 181 000 € 2 175 000 € 2 142 000 €
Net income 219 249 € 186 870 € -137 782 € -967 541 € 19 077 854 € 346 324 € 753 156 € 61 781 €
EBITDA 32 516 € -94 586 € -4 072 € 76 762 € -1 212 259 € 70 207 € 147 068 € 105 640 €
Net margin 21.6% 26.2% -14.8% -73.0% 5015.9% 15.9% 34.6% 2.9%

Revenue and income statement

In 2022, GHESTEM FINANCES achieves revenue of 1.0 M€. Revenue is declining over the period 2015-2022 (CAGR: -10.1%). Vs 2021, growth of +42% (714 k€ -> 1.0 M€). After deducting consumption (0 €), gross margin stands at 1.0 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 33 k€, representing 3.2% of revenue. Positive scissor effect: EBITDA margin improves by +16.4 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 219 k€, i.e. 21.6% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2022) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

1 016 000 €

Gross margin (2022) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

1 016 000 €

EBITDA (2022) ?
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

32 516 €

EBIT (2022) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

119 036 €

Net income (2022) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

219 249 €

EBITDA margin (2022) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

3.2%

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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 20%. 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 81%. 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 30.3 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 13.0% 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 (2022) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

19.765%

Financial autonomy (2022) ?
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

81.209%

Cash flow / Revenue (2022) ?
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

13.038%

Repayment capacity (2022) ?
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

30.277

Asset age ratio (2022) ?
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

9.4%

Solvency indicators evolution
GHESTEM FINANCES

Sector positioning

Debt ratio
19.77 2022
2020
2021
2022
Q1: -74.21
Med: 11.43
Q3: 181.09
Average

In 2022, the debt ratio of GHESTEM FINANCES (19.77) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
81.21% 2022
2020
2021
2022
Q1: 1.96%
Med: 38.51%
Q3: 82.88%
Good

In 2022, the financial autonomy of GHESTEM FINANCES (81.2%) 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.

Repayment capacity
30.28 years 2022
2020
2021
2022
Q1: -0.01 years
Med: 0.67 years
Q3: 10.41 years
Average

In 2022, the repayment capacity of GHESTEM FINANCES (30.28) 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 2559.11. 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 147.7x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2022) ?
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

2559.107

Interest coverage (2022) ?
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

147.663

Liquidity indicators evolution
GHESTEM FINANCES

Sector positioning

Liquidity ratio
2559.11 2022
2020
2021
2022
Q1: 88.15
Med: 270.18
Q3: 1095.13
Excellent

In 2022, the liquidity ratio of GHESTEM FINANCES (2559.11) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
147.66x 2022
2020
2021
2022
Q1: 0.0x
Med: 0.0x
Q3: 13.79x
Excellent +50 pts over 3 years

In 2022, the interest coverage of GHESTEM FINANCES (147.7x) 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: 77 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 54 days. The company must finance 23 days of gap between collections and payments. Overall, WCR represents 3550 days of revenue, i.e. 10.0 M€ to permanently finance. Over 2015-2022, WCR increased by +176%, requiring additional financing.

Operating WCR (2022) ?
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

10 019 680 €

Customer credit (2022) ?
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

77 j

Supplier credit (2022) ?
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

54 j

Inventory turnover (2022) ?
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 (2022) ?
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

3550 j

WCR and payment terms evolution
GHESTEM FINANCES

Positioning of GHESTEM FINANCES in its sector

Comparison with sector Location de terrains et d'autres biens immobiliers

Valuation estimate

Based on 241 transactions of similar company sales in 2022, the value of GHESTEM FINANCES is estimated at 434 090 € (range 180 951€ - 1 092 246€). With an EBITDA of 32 516€, the sector multiple of 3.3x is applied. The price/revenue ratio is 0.68x (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.

Estimated enterprise value 2022
241 transactions
180k€ 434k€ 1092k€
434 090 € Range: 180 951€ - 1 092 246€
NAF 5 année 2022

Valuation detail by method

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EBITDA Multiple 50%
32 516 € × 3.3x
Estimation 106 342 €
43 545€ - 236 529€
Revenue Multiple 30%
1 016 000 € × 0.68x
Estimation 685 961 €
310 360€ - 1 955 068€
Net Income Multiple 20%
219 249 € × 4.0x
Estimation 875 655 €
330 356€ - 1 937 307€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 241 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 (Location de terrains et d'autres biens immobiliers)

Compare GHESTEM FINANCES with other companies in the same sector:

Voir toutes les statistiques du secteur Location de terrains et d'autres biens immobiliers

Frequently asked questions about GHESTEM FINANCES

What is the revenue of GHESTEM FINANCES ?

The revenue of GHESTEM FINANCES in 2022 is 1.0 M€.

Is GHESTEM FINANCES profitable?

Yes, GHESTEM FINANCES generated a net profit of 219 k€ in 2022.

Where is the headquarters of GHESTEM FINANCES ?

The headquarters of GHESTEM FINANCES is located in SANCHEVILLE (28800), in the department Eure-et-Loir.

Where to find the tax return of GHESTEM FINANCES ?

The tax return of GHESTEM FINANCES 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 GHESTEM FINANCES operate?

GHESTEM FINANCES operates in the sector Location de terrains et d'autres biens immobiliers (NAF code 68.20B). See the 'Sector positioning' section above to compare the company with its competitors.