SIREN : 897280350
GITEM is a French company founded 54 years ago, specialized in the sector Centrales d'achat non alimentaires. Based in ATHIES (62223), this company of category PME shows in 2024 a revenue of 2.2 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 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2 177 778 € | 2 608 874 € | 2 735 733 € | 2 721 381 € | 2 597 970 € | 2 672 337 € | 3 319 016 € | 4 256 690 € | 4 697 225 € |
| Net income | 5 318 € | 147 863 € | 280 547 € | 580 661 € | 586 266 € | 56 444 € | 397 373 € | 546 737 € | 418 262 € |
| EBITDA | 138 283 € | 433 533 € | 461 009 € | 326 155 € | 374 128 € | 184 268 € | 647 185 € | 667 280 € | 129 048 € |
| Net margin | 0.2% | 5.7% | 10.3% | 21.3% | 22.6% | 2.1% | 12.0% | 12.8% | 8.9% |
In 2024, GITEM achieves revenue of 2.2 M€. Revenue is declining over the period 2016-2024 (CAGR: -9.2%). Significant drop of -17% vs 2023. After deducting consumption (147 k€), gross margin stands at 2.0 M€, i.e. a rate of 93%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 138 k€, representing 6.3% of revenue. Warning negative scissor effect: despite revenue change (-17%), EBITDA varies by -68%, reducing margin by 10.3 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 5 k€, i.e. 0.2% of revenue. This profit can be retained or distributed to shareholders.
2 177 778 €
2 031 199 €
138 283 €
294 737 €
5 318 €
6.3%
The debt ratio (= Financial debt / Equity x 100) stands at -11%. 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 -331%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
-10.594%
-330.566%
-10.903%
-2.606
3.8%
In 2024, the debt ratio of GITEM (-10.59) 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.
In 2024, the financial autonomy of GITEM (-330.6%) 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.
In 2024, the repayment capacity of GITEM (-2.61) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.
The liquidity ratio (= Current assets / Current liabilities) stands at 19.57. 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 6.5x. Operating income very largely covers interest expenses: high safety margin.
19.574
6.5
In 2024, the liquidity ratio of GITEM (19.57) 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.
In 2024, the interest coverage of GITEM (6.5x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 307 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 52 days. The gap of 255 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 6 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-932 days): operations structurally generate cash. Over 2016-2024, WCR increased by +33%, requiring additional financing.
-5 638 267 €
307 j
52 j
6 j
-932 j
Based on 85 transactions of similar company sales
(all years),
the value of GITEM is estimated at
280 581 €
(range 155 613€ - 810 650€).
With an EBITDA of 138 283€, the sector multiple of 1.0x is applied.
The price/revenue ratio is 0.32x
(conservative valuation).
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.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 85 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 GITEM with other companies in the same sector:
Voir toutes les statistiques du secteur Centrales d'achat non alimentaires
The revenue of GITEM in 2024 is 2.2 M€.
Yes, GITEM generated a net profit of 5 k€ in 2024.
The headquarters of GITEM is located in ATHIES (62223), in the department Pas-de-Calais.
The tax return of GITEM 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).
GITEM operates in the sector Centrales d'achat non alimentaires (NAF code 46.19A). See the 'Sector positioning' section above to compare the company with its competitors.