SIREN : 391018421
IMMOBILIERE GERMAIN is a French company founded 33 years ago, specialized in the sector Agences immobilières. Based in MARSEILLE (13006), this company of category PME shows in 2023 a revenue of 384 k€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-04-25
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 383 846 € | 362 962 € | 350 893 € | 355 991 € | 320 730 € | 316 331 € | 313 542 € | 319 845 € |
| Net income | 2 282 € | 5 346 € | 16 175 € | 38 843 € | 13 770 € | 2 204 € | 1 133 € | 25 598 € |
| EBITDA | 893 € | 20 270 € | 21 312 € | 59 221 € | 26 346 € | 13 819 € | -5 469 € | 15 289 € |
| Net margin | 0.6% | 1.5% | 4.6% | 10.9% | 4.3% | 0.7% | 0.4% | 8.0% |
In 2023, IMMOBILIERE GERMAIN achieves revenue of 384 k€. Revenue is growing positively over 8 years (CAGR: +2.6%). Vs 2022: +6%. After deducting consumption (0 €), gross margin stands at 384 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 893 €, representing 0.2% of revenue. Warning negative scissor effect: despite revenue change (+6%), EBITDA varies by -96%, reducing margin by 5.4 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 2 k€, i.e. 0.6% of revenue. This profit can be retained or distributed to shareholders.
383 846 €
383 846 €
893 €
-10 733 €
2 282 €
0.2%
The debt ratio (= Financial debt / Equity x 100) stands at 4%. 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 12%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.4 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 3.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
3.842%
11.642%
3.391%
0.351
31.8%
In 2023, the debt ratio of IMMOBILIERE GERMAIN (3.84) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2023, the financial autonomy of IMMOBILIERE GERMAIN (11.6%) 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 2023, the repayment capacity of IMMOBILIERE GERMAIN (0.35) 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 109.30. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
109.295
0.0
In 2023, the liquidity ratio of IMMOBILIERE GERMAIN (109.30) 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 2023, the interest coverage of IMMOBILIERE GERMAIN (0.0x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 90 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 14 days. The gap of 76 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. WCR is negative (-725 days): operations structurally generate cash. Notable WCR improvement over the period (-118%), freeing up cash.
-773 304 €
90 j
14 j
0 j
-725 j
Based on 63 transactions of similar company sales
in 2023,
the value of IMMOBILIERE GERMAIN is estimated at
36 890 €
(range 16 158€ - 71 203€).
With an EBITDA of 893€, the sector multiple of 1.8x is applied.
The price/revenue ratio is 0.30x
(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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 63 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 IMMOBILIERE GERMAIN with other companies in the same sector:
Voir toutes les statistiques du secteur Agences immobilières
The revenue of IMMOBILIERE GERMAIN in 2023 is 384 k€.
Yes, IMMOBILIERE GERMAIN generated a net profit of 2 k€ in 2023.
The headquarters of IMMOBILIERE GERMAIN is located in MARSEILLE (13006), in the department Bouches-du-Rhone.
The tax return of IMMOBILIERE GERMAIN 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).
IMMOBILIERE GERMAIN operates in the sector Agences immobilières (NAF code 68.31Z). See the 'Sector positioning' section above to compare the company with its competitors.