GST (GESTION SOCIETES THUMILAIRE) : revenue, balance sheet and financial ratios

GST (GESTION SOCIETES THUMILAIRE) is a French company founded 11 years ago, specialized in the sector Activités des sociétés holding. Based in HAVERSKERQUE (59660), this company of category PME shows in 2021 a revenue of 41 k€. 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 - GST (GESTION SOCIETES THUMILAIRE) (SIREN 810403444)
Indicator 2021 2020 2019 2018 2017 2016
Revenue 40 833 € 511 518 € 284 255 € 319 000 € 319 000 € 319 000 €
Net income 276 845 € 1 598 782 € -4 698 € -198 919 € -17 089 € 30 329 €
EBITDA -91 326 € 200 249 € -21 718 € 31 160 € -19 292 € 27 781 €
Net margin 678.0% 312.6% -1.7% -62.4% -5.4% 9.5%

Revenue and income statement

In 2021, GST (GESTION SOCIETES THUMILAIRE) achieves revenue of 41 k€. Revenue is declining over the period 2016-2021 (CAGR: -33.7%). Significant drop of -92% vs 2020. After deducting consumption (0 €), gross margin stands at 41 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 -91 k€, representing -223.7% of revenue. Warning negative scissor effect: despite revenue change (-92%), EBITDA varies by -146%, reducing margin by 262.8 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 277 k€, i.e. 678.0% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2021) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

40 833 €

Gross margin (2021) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

40 833 €

EBITDA (2021) ?
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

-91 326 €

EBIT (2021) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-95 249 €

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

276 845 €

EBITDA margin (2021) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-223.7%

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Chart evolution

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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 30%. 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.

Debt ratio (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

29.62%

Financial autonomy (2021) ?
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

76.247%

Cash flow / Revenue (2021) ?
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

-218.681%

Repayment capacity (2021) ?
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

-7.7

Asset age ratio (2021) ?
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

66.4%

Solvency indicators evolution
GST (GESTION SOCIETES THUMILAIRE)

Sector positioning

Debt ratio
29.62 2021
2019
2020
2021
Q1: 0.13
Med: 15.19
Q3: 84.93
Average -20 pts over 3 years

In 2021, the debt ratio of GST (GESTION SOCIETES THU... (29.62) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
76.25% 2021
2019
2020
2021
Q1: 21.52%
Med: 60.87%
Q3: 89.3%
Good +29 pts over 3 years

In 2021, the financial autonomy of GST (GESTION SOCIETES THU... (76.2%) 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.

Repayment capacity
-7.7 years 2021
2019
2020
2021
Q1: -0.0 years
Med: 0.11 years
Q3: 3.68 years
Excellent -50 pts over 3 years

In 2021, the repayment capacity of GST (GESTION SOCIETES THU... (-7.70) 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 7618.81. 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 1.0x. Danger: operating income does not cover interest charges, unsustainable situation.

Liquidity ratio (2021) ?
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

7618.813

Interest coverage (2021) ?
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

0.992

Liquidity indicators evolution
GST (GESTION SOCIETES THUMILAIRE)

Sector positioning

Liquidity ratio
7618.81 2021
2019
2020
2021
Q1: 108.17
Med: 446.13
Q3: 2343.75
Excellent +43 pts over 3 years

In 2021, the liquidity ratio of GST (GESTION SOCIETES THU... (7618.81) 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.

Interest coverage
0.99x 2021
2019
2020
2021
Q1: -44.79x
Med: 0.0x
Q3: 0.0x
Excellent +35 pts over 3 years

In 2021, the interest coverage of GST (GESTION SOCIETES THU... (1.0x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 344 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 28 days. The gap of 316 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 3289 days of revenue, i.e. 373 k€ to permanently finance. Over 2016-2021, WCR increased by +143%, requiring additional financing.

Operating WCR (2021) ?
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

373 013 €

Customer credit (2021) ?
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

344 j

Supplier credit (2021) ?
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

28 j

Inventory turnover (2021) ?
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

0 j

WCR in days of revenue (2021) ?
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

3289 j

WCR and payment terms evolution
GST (GESTION SOCIETES THUMILAIRE)

Positioning of GST (GESTION SOCIETES THUMILAIRE) in its sector

Comparison with sector Activités des sociétés holding

Valuation estimate

Based on 98 transactions of similar company sales in 2021, the value of GST (GESTION SOCIETES THUMILAIRE) is estimated at 542 175 € (range 185 071€ - 1 524 030€). The price/revenue ratio is 0.46x (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.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2021
98 tx
185k€ 542k€ 1524k€
542 175 € Range: 185 071€ - 1 524 030€
NAF 5 année 2021

Valuation detail by method

Ajustez les pondérations selon votre analyse

Revenue Multiple 30%
40 833 € × 0.46x
Estimation 18 955 €
9 268€ - 39 777€
Net Income Multiple 20%
276 845 € × 4.8x
Estimation 1 327 007 €
448 778€ - 3 750 410€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 98 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 (Activités des sociétés holding)

Compare GST (GESTION SOCIETES THUMILAIRE) with other companies in the same sector:

Voir toutes les statistiques du secteur Activités des sociétés holding

Frequently asked questions about GST (GESTION SOCIETES THUMILAIRE)

What is the revenue of GST (GESTION SOCIETES THUMILAIRE) ?

The revenue of GST (GESTION SOCIETES THUMILAIRE) in 2021 is 41 k€.

Is GST (GESTION SOCIETES THUMILAIRE) profitable?

Yes, GST (GESTION SOCIETES THUMILAIRE) generated a net profit of 277 k€ in 2021.

Where is the headquarters of GST (GESTION SOCIETES THUMILAIRE) ?

The headquarters of GST (GESTION SOCIETES THUMILAIRE) is located in HAVERSKERQUE (59660), in the department Nord.

Where to find the tax return of GST (GESTION SOCIETES THUMILAIRE) ?

The tax return of GST (GESTION SOCIETES THUMILAIRE) 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 GST (GESTION SOCIETES THUMILAIRE) operate?

GST (GESTION SOCIETES THUMILAIRE) operates in the sector Activités des sociétés holding (NAF code 64.20Z). See the 'Sector positioning' section above to compare the company with its competitors.