CARRE RECYCLAGE : revenue, balance sheet and financial ratios

CARRE RECYCLAGE is a French company founded 37 years ago, specialized in the sector Collecte des déchets non dangereux. Based in LA CHAPELLE-DU-BOIS-DES-FAULX (27930), this company of category PME shows in 2024 a revenue of 2.2 M€. 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

Financial history - CARRE RECYCLAGE (SIREN 347479966)
Indicator 2024 2023 2022 2021 2020 2019
Revenue 2 205 235 € 5 725 402 € 2 207 877 € 2 316 201 € 1 983 684 € 1 980 533 €
Net income -80 255 € 31 942 € 250 057 € 244 104 € 248 752 € 121 179 €
EBITDA -77 871 € 138 746 € 251 658 € 337 914 € 311 613 € 251 971 €
Net margin -3.6% 0.6% 11.3% 10.5% 12.5% 6.1%

Revenue and income statement

In 2024, CARRE RECYCLAGE achieves revenue of 2.2 M€. Revenue is growing positively over 6 years (CAGR: +2.2%). Significant drop of -61% vs 2023. After deducting consumption (277 k€), gross margin stands at 1.9 M€, i.e. a rate of 87%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -78 k€, representing -3.5% of revenue. Warning negative scissor effect: despite revenue change (-61%), EBITDA varies by -156%, reducing margin by 6.0 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -80 k€ (-3.6% 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

2 205 235 €

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

1 927 838 €

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

-77 871 €

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

-90 561 €

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

-80 255 €

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

-3.5%

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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 48%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 47%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

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

48.288%

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

46.692%

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

-4.995%

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

-4.515

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

43.5%

Solvency indicators evolution
CARRE RECYCLAGE

Sector positioning

Debt ratio
48.29 2024
2022
2023
2024
Q1: 0.0
Med: 15.28
Q3: 63.85
Average +33 pts over 3 years

In 2024, the debt ratio of CARRE RECYCLAGE (48.29) 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
46.69% 2024
2022
2023
2024
Q1: 12.34%
Med: 33.41%
Q3: 50.45%
Good -8 pts over 3 years

In 2024, the financial autonomy of CARRE RECYCLAGE (46.7%) 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
-4.51 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.05 years
Q3: 1.42 years
Excellent -32 pts over 3 years

In 2024, the repayment capacity of CARRE RECYCLAGE (-4.51) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 200.08. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

200.081

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

-13.745

Liquidity indicators evolution
CARRE RECYCLAGE

Sector positioning

Liquidity ratio
200.08 2024
2022
2023
2024
Q1: 113.41
Med: 157.47
Q3: 230.42
Good -10 pts over 3 years

In 2024, the liquidity ratio of CARRE RECYCLAGE (200.08) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
-13.74x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.61x
Q3: 6.95x
Watch -46 pts over 3 years

In 2024, the interest coverage of CARRE RECYCLAGE (-13.7x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

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: 103 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 79 days. The company must finance 24 days of gap between collections and payments. Inventory turnover is 76 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 204 days of revenue, i.e. 1.2 M€ to permanently finance. Over 2019-2024, WCR increased by +91%, 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

1 248 472 €

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

103 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

79 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

76 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

204 j

WCR and payment terms evolution
CARRE RECYCLAGE

Positioning of CARRE RECYCLAGE 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 376 036€ to 527 492€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
376k€ 376k€ 527k€
376 036 € Range: 376 036€ - 527 492€
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 CARRE RECYCLAGE with other companies in the same sector:

Voir toutes les statistiques du secteur Collecte des déchets non dangereux

Frequently asked questions about CARRE RECYCLAGE

What is the revenue of CARRE RECYCLAGE ?

The revenue of CARRE RECYCLAGE in 2024 is 2.2 M€.

Is CARRE RECYCLAGE profitable?

CARRE RECYCLAGE recorded a net loss in 2024.

Where is the headquarters of CARRE RECYCLAGE ?

The headquarters of CARRE RECYCLAGE is located in LA CHAPELLE-DU-BOIS-DES-FAULX (27930), in the department Eure.

Where to find the tax return of CARRE RECYCLAGE ?

The tax return of CARRE RECYCLAGE 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 CARRE RECYCLAGE operate?

CARRE RECYCLAGE 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.