SIREN : 492410493
GSA HOLDING is a French company founded 19 years ago, specialized in the sector Activités des sièges sociaux. Based in AIX-EN-PROVENCE (13090), this company of category PME shows in 2024 a revenue of 618 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-04-11
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2022 | 2021 | 2020 | 2019 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|
| Revenue | 618 218 € | 517 827 € | 624 629 € | 712 430 € | 825 166 € | 357 000 € | 222 925 € |
| Net income | 179 690 € | 408 340 € | 101 323 € | 62 533 € | 270 900 € | 158 184 € | -224 435 € |
| EBITDA | 45 126 € | 152 098 € | 142 848 € | 75 963 € | 182 259 € | 13 394 € | -85 721 € |
| Net margin | 29.1% | 78.9% | 16.2% | 8.8% | 32.8% | 44.3% | -100.7% |
In 2024, GSA HOLDING achieves revenue of 618 k€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +13.6%. Vs 2022, growth of +19% (518 k€ -> 618 k€). After deducting consumption (0 €), gross margin stands at 618 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 45 k€, representing 7.3% of revenue. Warning negative scissor effect: despite revenue change (+19%), EBITDA varies by -70%, reducing margin by 22.1 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 180 k€, i.e. 29.1% of revenue. This profit can be retained or distributed to shareholders.
618 218 €
618 218 €
45 126 €
44 986 €
179 690 €
7.3%
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 76%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Cash flow represents 29.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
0.0%
76.133%
29.08%
0.0
In 2024, the debt ratio of GSA HOLDING (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.
In 2024, the financial autonomy of GSA HOLDING (76.1%) 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 2024, the repayment capacity of GSA HOLDING (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 189.87. 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 1.6x. Coverage is limited: any activity downturn would jeopardize interest payments.
189.873
1.64
In 2024, the liquidity ratio of GSA HOLDING (189.87) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.
In 2024, the interest coverage of GSA HOLDING (1.6x) 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: 96 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 5 days. The gap of 91 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 116 days of revenue, i.e. 199 k€ to permanently finance. Over 2016-2024, WCR increased by +259%, requiring additional financing.
198 788 €
96 j
5 j
0 j
116 j
Based on 103 transactions of similar company sales in 2024, the value of GSA HOLDING is estimated at 525 252 € (range 170 248€ - 1 249 325€). With an EBITDA of 45 126€, the sector multiple of 5.0x 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 103 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 GSA HOLDING with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des sièges sociaux
The revenue of GSA HOLDING in 2024 is 618 k€.
Yes, GSA HOLDING generated a net profit of 180 k€ in 2024.
The headquarters of GSA HOLDING is located in AIX-EN-PROVENCE (13090), in the department Bouches-du-Rhone.
The tax return of GSA HOLDING 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).
GSA HOLDING 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.