UNION DE SERVICES GESIC : revenue, balance sheet and financial ratios

UNION DE SERVICES GESIC is a French company founded 25 years ago, specialized in the sector Autre mise à disposition de ressources humaines. Based in SAINT-PAUL (97460), this company of category ETI shows in 2023 a revenue of 1.9 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

Financial history - UNION DE SERVICES GESIC (SIREN 434780680)
Indicator 2023 2022 2021 2020 2019 2017 2016
Revenue 1 853 217 € 1 599 811 € 1 492 129 € 1 283 821 € 1 305 078 € 1 104 519 € 1 051 717 €
Net income 195 639 € 31 907 € 4 979 € 38 208 € -51 683 € -8 964 € 18 773 €
EBITDA 256 223 € 105 263 € 91 137 € 109 202 € 8 490 € 25 871 € 49 311 €
Net margin 10.6% 2.0% 0.3% 3.0% -4.0% -0.8% 1.8%

Revenue and income statement

In 2023, UNION DE SERVICES GESIC achieves revenue of 1.9 M€. Over the period 2016-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +8.4%. Vs 2022, growth of +16% (1.6 M€ -> 1.9 M€). After deducting consumption (293 k€), gross margin stands at 1.6 M€, i.e. a rate of 84%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 256 k€, representing 13.8% of revenue. Positive scissor effect: EBITDA margin improves by +7.2 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 196 k€, i.e. 10.6% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

1 853 217 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

1 560 105 €

EBITDA (2023) ?
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

256 223 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

192 337 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

195 639 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

13.7%

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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%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 31%. The balance between equity and debt is satisfactory. 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 13.0% 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 (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

30.35%

Financial autonomy (2023) ?
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

31.043%

Cash flow / Revenue (2023) ?
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

12.961%

Repayment capacity (2023) ?
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

0.438

Asset age ratio (2023) ?
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

84.8%

Solvency indicators evolution
UNION DE SERVICES GESIC

Sector positioning

Debt ratio
30.35 2023
2021
2022
2023
Q1: 0.0
Med: 3.4
Q3: 62.62
Average +36 pts over 3 years

In 2023, the debt ratio of UNION DE SERVICES GESIC (30.35) 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
31.04% 2023
2021
2022
2023
Q1: 2.93%
Med: 27.42%
Q3: 56.41%
Good +14 pts over 3 years

In 2023, the financial autonomy of UNION DE SERVICES GESIC (31.0%) 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
0.44 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.0 years
Q3: 1.9 years
Average +6 pts over 3 years

In 2023, the repayment capacity of UNION DE SERVICES GESIC (0.44) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 173.91. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2023) ?
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

173.911

Interest coverage (2023) ?
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

0.0

Liquidity indicators evolution
UNION DE SERVICES GESIC

Sector positioning

Liquidity ratio
173.91 2023
2021
2022
2023
Q1: 116.15
Med: 188.43
Q3: 338.14
Average +7 pts over 3 years

In 2023, the liquidity ratio of UNION DE SERVICES GESIC (173.91) 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.

Interest coverage
0.0x 2023
2021
2022
2023
Q1: -0.03x
Med: 0.0x
Q3: 2.11x
Good -12 pts over 3 years

In 2023, the interest coverage of UNION DE SERVICES GESIC (0.0x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 6 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 30 days. Favorable situation: supplier credit is longer than customer credit by 24 days. Inventory turnover is 2 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 70 days of revenue, i.e. 361 k€ to permanently finance. Over 2016-2023, WCR increased by +252%, requiring additional financing.

Operating WCR (2023) ?
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

361 062 €

Customer credit (2023) ?
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

6 j

Supplier credit (2023) ?
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

30 j

Inventory turnover (2023) ?
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

2 j

WCR in days of revenue (2023) ?
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

70 j

WCR and payment terms evolution
UNION DE SERVICES GESIC

Positioning of UNION DE SERVICES GESIC in its sector

Comparison with sector Autre mise à disposition de ressources humaines

Valuation estimate

Based on 147 transactions of similar company sales (all years), the value of UNION DE SERVICES GESIC is estimated at 379 276 € (range 194 881€ - 853 798€). With an EBITDA of 256 223€, the sector multiple of 2.0x is applied. The price/revenue ratio is 0.08x (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.

Estimated enterprise value 2023
147 transactions
194k€ 379k€ 853k€
379 276 € Range: 194 881€ - 853 798€
Section all-time Aggregated at NAF section level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
256 223 € × 2.0x
Estimation 521 036 €
251 354€ - 1 120 921€
Revenue Multiple 30%
1 853 217 € × 0.08x
Estimation 148 392 €
111 901€ - 254 885€
Net Income Multiple 20%
195 639 € × 1.9x
Estimation 371 205 €
178 173€ - 1 084 364€
How is this estimate calculated?

This estimate is based on the analysis of 147 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 (Autre mise à disposition de ressources humaines)

Compare UNION DE SERVICES GESIC with other companies in the same sector:

Voir toutes les statistiques du secteur Autre mise à disposition de ressources humaines

Frequently asked questions about UNION DE SERVICES GESIC

What is the revenue of UNION DE SERVICES GESIC ?

The revenue of UNION DE SERVICES GESIC in 2023 is 1.9 M€.

Is UNION DE SERVICES GESIC profitable?

Yes, UNION DE SERVICES GESIC generated a net profit of 196 k€ in 2023.

Where is the headquarters of UNION DE SERVICES GESIC ?

The headquarters of UNION DE SERVICES GESIC is located in SAINT-PAUL (97460), in the department La Reunion.

Where to find the tax return of UNION DE SERVICES GESIC ?

The tax return of UNION DE SERVICES GESIC 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 UNION DE SERVICES GESIC operate?

UNION DE SERVICES GESIC operates in the sector Autre mise à disposition de ressources humaines (NAF code 78.30Z). See the 'Sector positioning' section above to compare the company with its competitors.