BRANGEON RECYCLAGE AQUITAINE : revenue, balance sheet and financial ratios

BRANGEON RECYCLAGE AQUITAINE is a French company founded 31 years ago, specialized in the sector Collecte des déchets non dangereux. Based in SAINTE-EULALIE (33560), this company of category ETI shows in 2024 a revenue of 19.0 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 - BRANGEON RECYCLAGE AQUITAINE (SIREN 399435718)
Indicator 2024 2023 2021 2020 2019 2018 2017 2015
Revenue 19 016 577 € 14 590 744 € 11 100 252 € 8 725 525 € 7 919 722 € 6 043 976 € 5 001 814 € 4 058 864 €
Net income 974 089 € 1 187 683 € 826 150 € 668 465 € 262 532 € -181 677 € -547 839 € -126 283 €
EBITDA 3 562 833 € 2 559 218 € 1 554 836 € 1 245 368 € 756 280 € 280 818 € -154 603 € 4 020 841 €
Net margin 5.1% 8.1% 7.4% 7.7% 3.3% -3.0% -11.0% -3.1%

Revenue and income statement

In 2024, BRANGEON RECYCLAGE AQUITAINE achieves revenue of 19.0 M€. Over the period 2015-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +18.7%. Vs 2023, growth of +30% (14.6 M€ -> 19.0 M€). After deducting consumption (944 k€), gross margin stands at 18.1 M€, i.e. a rate of 95%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 3.6 M€, representing 18.7% of revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 974 k€, i.e. 5.1% of revenue. This profit can be retained or distributed to shareholders.

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

19 016 577 €

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

18 072 409 €

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

3 562 833 €

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

1 802 370 €

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

974 089 €

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

18.7%

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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 135%. Debt level is high: negotiating margin with banks is reduced. 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 3.3 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 16.3% 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 (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

134.762%

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

30.619%

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

16.323%

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

3.267

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

70.0%

Solvency indicators evolution
BRANGEON RECYCLAGE AQUITAINE

Sector positioning

Debt ratio
134.76 2024
2021
2023
2024
Q1: 0.0
Med: 15.49
Q3: 63.85
Watch

In 2024, the debt ratio of BRANGEON RECYCLAGE AQUITAINE (134.76) 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
30.62% 2024
2021
2023
2024
Q1: 12.26%
Med: 33.27%
Q3: 50.43%
Average +8 pts over 3 years

In 2024, the financial autonomy of BRANGEON RECYCLAGE AQUITAINE (30.6%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
3.27 years 2024
2021
2023
2024
Q1: 0.0 years
Med: 0.05 years
Q3: 1.43 years
Watch

In 2024, the repayment capacity of BRANGEON RECYCLAGE AQUITAINE (3.27) 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 137.84. 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 4.5x. Financial charges are adequately covered by operations.

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

137.84

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

4.525

Liquidity indicators evolution
BRANGEON RECYCLAGE AQUITAINE

Sector positioning

Liquidity ratio
137.84 2024
2021
2023
2024
Q1: 113.48
Med: 157.81
Q3: 230.0
Average

In 2024, the liquidity ratio of BRANGEON RECYCLAGE AQUITAINE (137.84) 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
4.53x 2024
2021
2023
2024
Q1: 0.0x
Med: 0.62x
Q3: 7.0x
Good +13 pts over 3 years

In 2024, the interest coverage of BRANGEON RECYCLAGE AQUITAINE (4.5x) 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: 71 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 94 days. Favorable situation: supplier credit is longer than customer credit by 23 days. Inventory turnover is 3 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 117 days of revenue, i.e. 6.2 M€ to permanently finance. Over 2015-2024, WCR increased by +665%, 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

6 195 411 €

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

71 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

94 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

3 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

117 j

WCR and payment terms evolution
BRANGEON RECYCLAGE AQUITAINE

Positioning of BRANGEON RECYCLAGE AQUITAINE in its sector

Comparison with sector Collecte des déchets non dangereux

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (33 transactions). This range of 1 245 760€ to 2 916 382€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
1245k€ 1915k€ 2916k€
1 915 694 € Range: 1 245 760€ - 2 916 382€
NAF 5 all-time
How is this estimate calculated?

This estimate is based on the analysis of 33 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 des déchets non dangereux)

Compare BRANGEON RECYCLAGE AQUITAINE with other companies in the same sector:

Voir toutes les statistiques du secteur Collecte des déchets non dangereux

Frequently asked questions about BRANGEON RECYCLAGE AQUITAINE

What is the revenue of BRANGEON RECYCLAGE AQUITAINE ?

The revenue of BRANGEON RECYCLAGE AQUITAINE in 2024 is 19.0 M€.

Is BRANGEON RECYCLAGE AQUITAINE profitable?

Yes, BRANGEON RECYCLAGE AQUITAINE generated a net profit of 974 k€ in 2024.

Where is the headquarters of BRANGEON RECYCLAGE AQUITAINE ?

The headquarters of BRANGEON RECYCLAGE AQUITAINE is located in SAINTE-EULALIE (33560), in the department Gironde.

Where to find the tax return of BRANGEON RECYCLAGE AQUITAINE ?

The tax return of BRANGEON RECYCLAGE AQUITAINE 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 BRANGEON RECYCLAGE AQUITAINE operate?

BRANGEON RECYCLAGE AQUITAINE operates in the sector Collecte des déchets non dangereux (NAF code 38.11Z). See the 'Sector positioning' section above to compare the company with its competitors.