SIREN : 353341761
GLS PARTICIPATION is a French company founded 36 years ago, specialized in the sector Activités des sièges sociaux. Based in L'UNION (31240), this company of category PME shows in 2023 a revenue of 347 k€. 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
| Indicator | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|
| Revenue | 347 000 € | 319 250 € | 236 000 € | 243 000 € | 183 000 € | 183 000 € | 91 500 € |
| Net income | 596 013 € | 521 196 € | 459 657 € | 408 263 € | 320 326 € | 313 393 € | 409 506 € |
| EBITDA | 1 138 € | 636 € | -4 987 € | 10 394 € | -42 907 € | -29 211 € | 32 678 € |
| Net margin | 171.8% | 163.3% | 194.8% | 168.0% | 175.0% | 171.3% | 447.5% |
In 2023, GLS PARTICIPATION achieves revenue of 347 k€. Over the period 2017-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +24.9%. Vs 2022: +9%. After deducting consumption (0 €), gross margin stands at 347 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 1 k€, representing 0.3% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 596 k€, i.e. 171.8% of revenue. This profit can be retained or distributed to shareholders.
347 000 €
347 000 €
1 138 €
-31 228 €
596 013 €
0.3%
The debt ratio (= Financial debt / Equity x 100) stands at 36%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 71%. 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 1.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 178.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
35.943%
71.25%
178.224%
1.233
In 2023, the debt ratio of GLS PARTICIPATION (35.94) 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 2023, the financial autonomy of GLS PARTICIPATION (71.2%) 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.
In 2023, the repayment capacity of GLS PARTICIPATION (1.23) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 2829.44. 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 726.1x. Operating income very largely covers interest expenses: high safety margin.
2829.441
726.098
In 2023, the liquidity ratio of GLS PARTICIPATION (2829.44) 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.
In 2023, the interest coverage of GLS PARTICIPATION (726.1x) 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: 57 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 43 days. The company must finance 14 days of gap between collections and payments. Overall, WCR represents 304 days of revenue, i.e. 293 k€ to permanently finance. Notable WCR improvement over the period (-36%), freeing up cash.
292 594 €
57 j
43 j
0 j
304 j
Based on 89 transactions of similar company sales
in 2023,
the value of GLS PARTICIPATION is estimated at
859 580 €
(range 405 909€ - 1 951 241€).
With an EBITDA of 1 138€, the sector multiple of 4.0x is applied.
The price/revenue ratio is 0.52x
(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.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 89 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 GLS PARTICIPATION with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des sièges sociaux
The revenue of GLS PARTICIPATION in 2023 is 347 k€.
Yes, GLS PARTICIPATION generated a net profit of 596 k€ in 2023.
The headquarters of GLS PARTICIPATION is located in L'UNION (31240), in the department Haute-Garonne.
The tax return of GLS PARTICIPATION 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).
GLS PARTICIPATION operates in the sector Activités des sièges sociaux (NAF code 70.10Z). See the 'Sector positioning' section above to compare the company with its competitors.