GRANDVISION FRANCE : revenue, balance sheet and financial ratios

GRANDVISION FRANCE is a French company founded 19 years ago, specialized in the sector Commerces de détail d'optique. Based in MONTIGNY-LE-BRETONNEUX (78180), this company of category GE shows in 2024 a revenue of 667.9 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-05-09

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

Financial history - GRANDVISION FRANCE (SIREN 492787957)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 667 882 000 € 658 001 000 € 644 553 000 € 578 016 118 € 538 544 871 € 635 692 388 € 609 550 649 € 597 531 209 € 588 017 514 €
Net income 50 463 000 € 59 562 000 € 76 172 000 € 47 116 936 € 29 093 230 € 61 769 138 € 66 444 719 € 62 169 803 € 45 785 906 €
EBITDA 96 167 000 € 100 226 000 € 123 817 000 € 113 145 065 € 88 900 030 € 137 197 200 € 132 113 307 € 121 790 119 € 129 209 176 €
Net margin 7.6% 9.1% 11.8% 8.2% 5.4% 9.7% 10.9% 10.4% 7.8%

Revenue and income statement

In 2024, GRANDVISION FRANCE achieves revenue of 667.9 M€. Revenue is growing positively over 9 years (CAGR: +1.6%). Vs 2023: +2%. After deducting consumption (201.8 M€), gross margin stands at 466.1 M€, i.e. a rate of 70%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 96.2 M€, representing 14.4% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 50.5 M€, i.e. 7.6% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

667 882 000 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

466 087 000 €

EBITDA (2024) ?
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

96 167 000 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

75 509 000 €

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

50 463 000 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

14.4%

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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 0%. 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 80%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Cash flow represents 12.8% 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 (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

0.0%

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

79.538%

Cash flow / Revenue (2024) ?
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

12.847%

Repayment capacity (2024) ?
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

0.0

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

22.7%

Solvency indicators evolution
GRANDVISION FRANCE

Sector positioning

Debt ratio
0.0 2024
2022
2023
2024
Q1: 6.25
Med: 24.6
Q3: 67.83
Excellent

In 2024, the debt ratio of GRANDVISION FRANCE (0.00) 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
79.54% 2024
2022
2023
2024
Q1: 27.06%
Med: 52.86%
Q3: 69.46%
Excellent +8 pts over 3 years

In 2024, the financial autonomy of GRANDVISION FRANCE (79.5%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
0.0 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.84 years
Q3: 2.71 years
Excellent

In 2024, the repayment capacity of GRANDVISION FRANCE (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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 93.95. 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 0.7x. Danger: operating income does not cover interest charges, unsustainable situation.

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

93.947

Interest coverage (2024) ?
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

0.693

Liquidity indicators evolution
GRANDVISION FRANCE

Sector positioning

Liquidity ratio
93.95 2024
2022
2023
2024
Q1: 162.44
Med: 249.24
Q3: 376.94
Watch -22 pts over 3 years

In 2024, the liquidity ratio of GRANDVISION FRANCE (93.95) 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.

Interest coverage
0.69x 2024
2022
2023
2024
Q1: 0.0x
Med: 1.37x
Q3: 5.78x
Average -33 pts over 3 years

In 2024, the interest coverage of GRANDVISION FRANCE (0.7x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.

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: 12 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 48 days. Excellent situation: suppliers finance 36 days of the operating cycle (retail model). Inventory turnover is 28 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 27 days of revenue, i.e. 49.9 M€ to permanently finance. Over 2016-2024, WCR increased by +82%, requiring additional financing.

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

49 877 428 €

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

12 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

48 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

28 j

WCR in days of revenue (2024) ?
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

27 j

WCR and payment terms evolution
GRANDVISION FRANCE

Positioning of GRANDVISION FRANCE in its sector

Comparison with sector Commerces de détail d'optique

Valuation estimate

Based on 117 transactions of similar company sales in 2024, the value of GRANDVISION FRANCE is estimated at 321 658 153 € (range 203 536 915€ - 594 097 153€). With an EBITDA of 96 167 000€, the sector multiple of 4.0x is applied. The price/revenue ratio is 0.53x (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 2024
117 transactions
203536k€ 321658k€ 594097k€
321 658 153 € Range: 203 536 915€ - 594 097 153€
NAF 5 année 2024

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
96 167 000 € × 4.0x
Estimation 381 969 766 €
263 551 611€ - 720 151 244€
Revenue Multiple 30%
667 882 000 € × 0.53x
Estimation 353 607 469 €
200 587 829€ - 525 802 724€
Net Income Multiple 20%
50 463 000 € × 2.4x
Estimation 122 955 153 €
57 923 808€ - 381 403 570€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 117 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 (Commerces de détail d'optique)

Compare GRANDVISION FRANCE with other companies in the same sector:

Frequently asked questions about GRANDVISION FRANCE

What is the revenue of GRANDVISION FRANCE ?

The revenue of GRANDVISION FRANCE in 2024 is 667.9 M€.

Is GRANDVISION FRANCE profitable?

Yes, GRANDVISION FRANCE generated a net profit of 50.5 M€ in 2024.

Where is the headquarters of GRANDVISION FRANCE ?

The headquarters of GRANDVISION FRANCE is located in MONTIGNY-LE-BRETONNEUX (78180), in the department Yvelines.

Where to find the tax return of GRANDVISION FRANCE ?

The tax return of GRANDVISION FRANCE 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 GRANDVISION FRANCE operate?

GRANDVISION FRANCE operates in the sector Commerces de détail d'optique (NAF code 47.78A). See the 'Sector positioning' section above to compare the company with its competitors.