BROYAGE DU MIDI ET DE LA MEDITERRANEE : revenue, balance sheet and financial ratios

BROYAGE DU MIDI ET DE LA MEDITERRANEE is a French company founded 28 years ago, specialized in the sector Récupération de déchets triés. Based in MARSEILLE (13014), this company of category PME shows in 2023 a revenue of 12.5 M€. 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 - BROYAGE DU MIDI ET DE LA MEDITERRANEE (SIREN 418097408)
Indicator 2023 2022 2020 2019 2018 2017 2016
Revenue 12 451 089 € 15 075 495 € 7 901 617 € 9 405 703 € 9 978 125 € 10 237 076 € 7 897 099 €
Net income 334 907 € 442 259 € -328 697 € 25 020 € 35 419 € 281 662 € 45 246 €
EBITDA 678 056 € 840 719 € -143 776 € 197 121 € 208 420 € 471 610 € 148 907 €
Net margin 2.7% 2.9% -4.2% 0.3% 0.4% 2.8% 0.6%

Revenue and income statement

In 2023, BROYAGE DU MIDI ET DE LA MEDITERRANEE achieves revenue of 12.5 M€. Over the period 2016-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +6.7%. Significant drop of -17% vs 2022. After deducting consumption (9.7 M€), gross margin stands at 2.8 M€, i.e. a rate of 22%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 678 k€, representing 5.4% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 335 k€, i.e. 2.7% 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

12 451 089 €

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

2 763 929 €

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

678 056 €

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

547 474 €

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

334 907 €

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

5.4%

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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 13%. 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 68%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.6 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 3.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

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

13.099%

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

68.028%

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

3.657%

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

0.573

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

17.1%

Solvency indicators evolution
BROYAGE DU MIDI ET DE LA MEDITERRANEE

Sector positioning

Debt ratio
13.1 2023
2020
2022
2023
Q1: 1.57
Med: 21.7
Q3: 83.86
Good -14 pts over 3 years

In 2023, the debt ratio of BROYAGE DU MIDI ET DE LA ... (13.10) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
68.03% 2023
2020
2022
2023
Q1: 19.78%
Med: 42.82%
Q3: 65.43%
Excellent +14 pts over 3 years

In 2023, the financial autonomy of BROYAGE DU MIDI ET DE LA ... (68.0%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
0.57 years 2023
2020
2022
2023
Q1: 0.0 years
Med: 0.31 years
Q3: 2.39 years
Average +28 pts over 3 years

In 2023, the repayment capacity of BROYAGE DU MIDI ET DE LA ... (0.57) 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 375.10. 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 13.4x. Operating income very largely covers interest expenses: high safety margin.

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

375.101

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

13.356

Liquidity indicators evolution
BROYAGE DU MIDI ET DE LA MEDITERRANEE

Sector positioning

Liquidity ratio
375.1 2023
2020
2022
2023
Q1: 133.37
Med: 213.97
Q3: 367.83
Excellent +17 pts over 3 years

In 2023, the liquidity ratio of BROYAGE DU MIDI ET DE LA ... (375.10) 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
13.36x 2023
2020
2022
2023
Q1: 0.0x
Med: 0.63x
Q3: 4.22x
Excellent +50 pts over 3 years

In 2023, the interest coverage of BROYAGE DU MIDI ET DE LA ... (13.4x) 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: 18 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 10 days. The company must finance 8 days of gap between collections and payments. Inventory turnover is 24 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 40 days of revenue, i.e. 1.4 M€ to permanently finance.

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

1 369 495 €

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

18 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

10 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

24 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

40 j

WCR and payment terms evolution
BROYAGE DU MIDI ET DE LA MEDITERRANEE

Positioning of BROYAGE DU MIDI ET DE LA MEDITERRANEE in its sector

Comparison with sector Récupération de déchets triés

Valuation estimate

Based on 85 transactions of similar company sales (all years), the value of BROYAGE DU MIDI ET DE LA MEDITERRANEE is estimated at 1 136 430 € (range 624 330€ - 2 527 281€). With an EBITDA of 678 056€, the sector multiple of 1.0x is applied. The price/revenue ratio is 0.18x (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 2023
85 tx
624k€ 1136k€ 2527k€
1 136 430 € Range: 624 330€ - 2 527 281€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
678 056 € × 1.0x
Estimation 689 128 €
133 899€ - 1 429 081€
Revenue Multiple 30%
12 451 089 € × 0.18x
Estimation 2 241 785 €
1 786 033€ - 4 257 821€
Net Income Multiple 20%
334 907 € × 1.8x
Estimation 596 655 €
107 856€ - 2 676 972€
How is this estimate calculated?

This estimate is based on the analysis of 85 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 (Récupération de déchets triés)

Compare BROYAGE DU MIDI ET DE LA MEDITERRANEE with other companies in the same sector:

Voir toutes les statistiques du secteur Récupération de déchets triés

Frequently asked questions about BROYAGE DU MIDI ET DE LA MEDITERRANEE

What is the revenue of BROYAGE DU MIDI ET DE LA MEDITERRANEE ?

The revenue of BROYAGE DU MIDI ET DE LA MEDITERRANEE in 2023 is 12.5 M€.

Is BROYAGE DU MIDI ET DE LA MEDITERRANEE profitable?

Yes, BROYAGE DU MIDI ET DE LA MEDITERRANEE generated a net profit of 335 k€ in 2023.

Where is the headquarters of BROYAGE DU MIDI ET DE LA MEDITERRANEE ?

The headquarters of BROYAGE DU MIDI ET DE LA MEDITERRANEE is located in MARSEILLE (13014), in the department Bouches-du-Rhone.

Where to find the tax return of BROYAGE DU MIDI ET DE LA MEDITERRANEE ?

The tax return of BROYAGE DU MIDI ET DE LA MEDITERRANEE 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 BROYAGE DU MIDI ET DE LA MEDITERRANEE operate?

BROYAGE DU MIDI ET DE LA MEDITERRANEE operates in the sector Récupération de déchets triés (NAF code 38.32Z). See the 'Sector positioning' section above to compare the company with its competitors.