SIREN : 389115908
GRENADINES is a French company founded 33 years ago, specialized in the sector Hypermarchés. Based in REIMS (51100), this company of category PME shows in 2024 a revenue of 14.2 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 | 14 157 390 € | 14 827 793 € | 14 624 794 € | 13 049 162 € | 12 504 778 € | 14 075 209 € | 15 031 557 € | 15 485 865 € | 15 438 025 € |
| Net income | -1 833 010 € | -28 709 € | 55 257 € | 94 736 € | 110 770 € | -7 274 € | 17 996 € | 104 387 € | -3 202 € |
| EBITDA | -997 301 € | -37 204 € | 75 578 € | 117 470 € | 137 818 € | 77 096 € | 83 342 € | 184 414 € | 125 671 € |
| Net margin | -12.9% | -0.2% | 0.4% | 0.7% | 0.9% | -0.1% | 0.1% | 0.7% | -0.0% |
In 2024, GRENADINES achieves revenue of 14.2 M€. Activity remains stable over the period (CAGR: -1.1%). Slight decline of -5% vs 2023. After deducting consumption (12.4 M€), gross margin stands at 1.8 M€, i.e. a rate of 12%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -997 k€, representing -7.0% of revenue. Warning negative scissor effect: despite revenue change (-5%), EBITDA varies by -2581%, reducing margin by 6.8 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -1.8 M€ (-12.9% of revenue), which will impact equity.
14 157 390 €
1 766 214 €
-997 301 €
-941 921 €
-1 833 010 €
-7.0%
The debt ratio (= Financial debt / Equity x 100) stands at -53%. 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 -85%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
-53.199%
-84.843%
-7.607%
-0.804
9.9%
In 2024, the debt ratio of GRENADINES (-53.20) 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 GRENADINES (-84.8%) 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 GRENADINES (-0.80) 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 56.43. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
56.429
-87.698
In 2024, the liquidity ratio of GRENADINES (56.43) 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 GRENADINES (-87.7x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 2 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 54 days. Excellent situation: suppliers finance 52 days of the operating cycle (retail model). Inventory turnover is 22 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 14 days of revenue, i.e. 540 k€ to permanently finance. Notable WCR improvement over the period (-66%), freeing up cash.
540 388 €
2 j
54 j
22 j
14 j
Based on 551 transactions of similar company sales in 2024, the value of GRENADINES is estimated at 3 255 021 € (range 1 769 784€ - 5 978 006€). The price/revenue ratio is 0.23x (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.
Only this financial indicator is available for this company.
This estimate is based on the analysis of 551 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 GRENADINES with other companies in the same sector:
The revenue of GRENADINES in 2024 is 14.2 M€.
GRENADINES recorded a net loss in 2024.
The headquarters of GRENADINES is located in REIMS (51100), in the department Marne.
The tax return of GRENADINES 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).
GRENADINES operates in the sector Hypermarchés (NAF code 47.11F). See the 'Sector positioning' section above to compare the company with its competitors.