ANTILLES ASSAINISSEMENT SAS : revenue, balance sheet and financial ratios

ANTILLES ASSAINISSEMENT SAS is a French company founded 9 years ago, specialized in the sector Collecte et traitement des eaux usées. Based in LE LAMENTIN (97232), this company of category PME shows in 2024 a revenue of 659 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 - ANTILLES ASSAINISSEMENT SAS (SIREN 828518670)
Indicator 2024 2023 2022 2021 2020
Revenue 658 798 € 905 554 € 828 204 € 679 035 € 594 760 €
Net income -9 320 € -11 966 € 7 355 € -18 123 € 123 734 €
EBITDA 38 695 € 61 687 € 68 724 € 36 672 € 49 902 €
Net margin -1.4% -1.3% 0.9% -2.7% 20.8%

Revenue and income statement

In 2024, ANTILLES ASSAINISSEMENT SAS achieves revenue of 659 k€. Revenue is growing positively over 5 years (CAGR: +2.6%). Significant drop of -27% vs 2023. After deducting consumption (0 €), gross margin stands at 659 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 39 k€, representing 5.9% of revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -9 k€ (-1.4% of revenue), which will impact equity.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

658 798 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

658 798 €

EBITDA (2024) ?
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

38 695 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-3 602 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-9 320 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

5.9%

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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 99%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 25%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 4.6 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 4.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

98.875%

Financial autonomy (2024) ?
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

24.774%

Cash flow / Revenue (2024) ?
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

4.65%

Repayment capacity (2024) ?
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

4.56

Asset age ratio (2024) ?
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

29.9%

Solvency indicators evolution
ANTILLES ASSAINISSEMENT SAS

Sector positioning

Debt ratio
98.88 2024
2022
2023
2024
Q1: 1.07
Med: 21.28
Q3: 69.04
Watch

In 2024, the debt ratio of ANTILLES ASSAINISSEMENT SAS (98.88) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
24.77% 2024
2022
2023
2024
Q1: 15.57%
Med: 39.67%
Q3: 57.18%
Average

In 2024, the financial autonomy of ANTILLES ASSAINISSEMENT SAS (24.8%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
4.56 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.3 years
Q3: 1.71 years
Watch

In 2024, the repayment capacity of ANTILLES ASSAINISSEMENT SAS (4.56) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 79.46. 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 12.7x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2024) ?
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

79.46

Interest coverage (2024) ?
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

12.72

Liquidity indicators evolution
ANTILLES ASSAINISSEMENT SAS

Sector positioning

Liquidity ratio
79.46 2024
2022
2023
2024
Q1: 120.31
Med: 188.45
Q3: 284.02
Watch

In 2024, the liquidity ratio of ANTILLES ASSAINISSEMENT SAS (79.46) 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.

Interest coverage
12.72x 2024
2022
2023
2024
Q1: 0.0x
Med: 1.0x
Q3: 7.24x
Excellent

In 2024, the interest coverage of ANTILLES ASSAINISSEMENT SAS (12.7x) 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: 111 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 218 days. Excellent situation: suppliers finance 107 days of the operating cycle (retail model). Overall, WCR represents 83 days of revenue, i.e. 152 k€ to permanently finance. Over 2020-2024, WCR increased by +205%, requiring additional financing.

Operating WCR (2024) ?
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

151 978 €

Customer credit (2024) ?
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

111 j

Supplier credit (2024) ?
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

218 j

Inventory turnover (2024) ?
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 (2024) ?
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

83 j

WCR and payment terms evolution
ANTILLES ASSAINISSEMENT SAS

Positioning of ANTILLES ASSAINISSEMENT SAS in its sector

Comparison with sector Collecte et traitement des eaux usées

Valuation estimate

Based on 84 transactions of similar company sales (all years), the value of ANTILLES ASSAINISSEMENT SAS is estimated at 95 195 € (range 32 907€ - 294 643€). With an EBITDA of 38 695€, the sector multiple of 2.9x is applied. The price/revenue ratio is 0.11x (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 2024
84 tx
32k€ 95k€ 294k€
95 195 € Range: 32 907€ - 294 643€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
38 695 € × 2.9x
Estimation 110 305 €
22 715€ - 345 813€
Revenue Multiple 30%
658 798 € × 0.11x
Estimation 70 013 €
49 894€ - 209 361€
How is this estimate calculated?

This estimate is based on the analysis of 84 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 (Collecte et traitement des eaux usées)

Compare ANTILLES ASSAINISSEMENT SAS with other companies in the same sector:

Voir toutes les statistiques du secteur Collecte et traitement des eaux usées

Frequently asked questions about ANTILLES ASSAINISSEMENT SAS

What is the revenue of ANTILLES ASSAINISSEMENT SAS ?

The revenue of ANTILLES ASSAINISSEMENT SAS in 2024 is 659 k€.

Is ANTILLES ASSAINISSEMENT SAS profitable?

ANTILLES ASSAINISSEMENT SAS recorded a net loss in 2024.

Where is the headquarters of ANTILLES ASSAINISSEMENT SAS ?

The headquarters of ANTILLES ASSAINISSEMENT SAS is located in LE LAMENTIN (97232), in the department Martinique.

Where to find the tax return of ANTILLES ASSAINISSEMENT SAS ?

The tax return of ANTILLES ASSAINISSEMENT SAS 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 ANTILLES ASSAINISSEMENT SAS operate?

ANTILLES ASSAINISSEMENT SAS operates in the sector Collecte et traitement des eaux usées (NAF code 37.00Z). See the 'Sector positioning' section above to compare the company with its competitors.