SIREN : 882193345
GLM ASSOCIE is a French company founded 6 years ago, specialized in the sector Services administratifs combinés de bureau. Based in MULSANNE (72230), this company of category PME shows in 2024 a revenue of 170 k€. 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 |
|---|---|---|---|---|
| Revenue | 170 407 € | 142 497 € | 145 499 € | N/C |
| Net income | 15 158 € | 53 439 € | 69 757 € | -2 887 € |
| EBITDA | 9 923 € | 73 490 € | 86 374 € | -2 887 € |
| Net margin | 8.9% | 37.5% | 47.9% | N/C |
In 2024, GLM ASSOCIE achieves revenue of 170 k€. Over the period 2022-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +8.2%. Vs 2023, growth of +20% (142 k€ -> 170 k€). After deducting consumption (0 €), gross margin stands at 170 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 10 k€, representing 5.8% of revenue. Warning negative scissor effect: despite revenue change (+20%), EBITDA varies by -86%, reducing margin by 45.7 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 15 k€, i.e. 8.9% of revenue. This profit can be retained or distributed to shareholders.
170 407 €
170 407 €
9 923 €
17 833 €
15 158 €
5.8%
The debt ratio (= Financial debt / Equity x 100) stands at 7%. 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 5%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Cash flow represents 8.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
6.692%
4.839%
8.895%
0.0
In 2024, the debt ratio of GLM ASSOCIE (6.69) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2024, the financial autonomy of GLM ASSOCIE (4.8%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2024, the repayment capacity of GLM ASSOCIE (0.00) 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 386.19. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
386.194
0.0
In 2024, the liquidity ratio of GLM ASSOCIE (386.19) 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 GLM ASSOCIE (0.0x) 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: 67 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 11 days. The gap of 56 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. WCR is negative (-3 days): operations structurally generate cash.
-1 237 €
67 j
11 j
0 j
-3 j
Based on 173 transactions of similar company sales (all years), the value of GLM ASSOCIE is estimated at 47 386 € (range 16 646€ - 106 292€). With an EBITDA of 9 923€, the sector multiple of 3.4x is applied. The price/revenue ratio is 0.38x (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.
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This estimate is based on the analysis of 173 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 GLM ASSOCIE with other companies in the same sector:
Voir toutes les statistiques du secteur Services administratifs combinés de bureau
The revenue of GLM ASSOCIE in 2024 is 170 k€.
Yes, GLM ASSOCIE generated a net profit of 15 k€ in 2024.
The headquarters of GLM ASSOCIE is located in MULSANNE (72230), in the department Sarthe.
The tax return of GLM ASSOCIE 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).
GLM ASSOCIE operates in the sector Services administratifs combinés de bureau (NAF code 82.11Z). See the 'Sector positioning' section above to compare the company with its competitors.