ECOCLEAN TECHNOLOGIES : revenue, balance sheet and financial ratios

ECOCLEAN TECHNOLOGIES is a French company founded 12 years ago, specialized in the sector Réparation de machines et équipements mécaniques. Based in LE MANS (72000), this company of category PME shows in 2023 a revenue of 10.3 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 - ECOCLEAN TECHNOLOGIES (SIREN 799367925)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 10 304 949 € 9 055 120 € 8 251 415 € 12 348 655 € 13 595 525 € 13 411 532 € 11 375 560 € 12 548 551 €
Net income 48 116 € 98 907 € -548 310 € 257 148 € 285 288 € 427 255 € 109 393 € 9 001 €
EBITDA 290 330 € -118 373 € -361 336 € 378 105 € -145 325 € 185 542 € -174 317 € -36 786 €
Net margin 0.5% 1.1% -6.6% 2.1% 2.1% 3.2% 1.0% 0.1%

Revenue and income statement

In 2023, ECOCLEAN TECHNOLOGIES achieves revenue of 10.3 M€. Activity remains stable over the period (CAGR: -2.8%). Vs 2022, growth of +14% (9.1 M€ -> 10.3 M€). After deducting consumption (4.5 M€), gross margin stands at 5.8 M€, i.e. a rate of 56%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 290 k€, representing 2.8% of revenue. Positive scissor effect: EBITDA margin improves by +4.1 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 48 k€, i.e. 0.5% 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

10 304 949 €

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

5 806 241 €

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

290 330 €

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

114 761 €

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

48 116 €

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

2.8%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 23%. 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 18%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 2.5 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 1.9% 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

22.942%

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

18.441%

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

1.901%

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

2.479

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

54.8%

Solvency indicators evolution
ECOCLEAN TECHNOLOGIES

Sector positioning

Debt ratio
22.94 2023
2021
2022
2023
Q1: 2.93
Med: 19.64
Q3: 60.67
Average -7 pts over 3 years

In 2023, the debt ratio of ECOCLEAN TECHNOLOGIES (22.94) 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
18.44% 2023
2021
2022
2023
Q1: 21.66%
Med: 42.7%
Q3: 61.08%
Average

In 2023, the financial autonomy of ECOCLEAN TECHNOLOGIES (18.4%) 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
2.48 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.41 years
Q3: 1.77 years
Watch +50 pts over 3 years

In 2023, the repayment capacity of ECOCLEAN TECHNOLOGIES (2.48) 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 84.84. 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 28.6x. 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

84.838

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

28.621

Liquidity indicators evolution
ECOCLEAN TECHNOLOGIES

Sector positioning

Liquidity ratio
84.84 2023
2021
2022
2023
Q1: 166.89
Med: 236.12
Q3: 336.32
Watch

In 2023, the liquidity ratio of ECOCLEAN TECHNOLOGIES (84.84) 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
28.62x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.61x
Q3: 3.09x
Excellent +51 pts over 3 years

In 2023, the interest coverage of ECOCLEAN TECHNOLOGIES (28.6x) 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: 135 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 105 days. The company must finance 30 days of gap between collections and payments. Inventory turnover is 60 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 3 days of revenue, i.e. 75 k€ to permanently finance. Notable WCR improvement over the period (-98%), freeing up cash.

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

75 226 €

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

135 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

105 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

60 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

3 j

WCR and payment terms evolution
ECOCLEAN TECHNOLOGIES

Positioning of ECOCLEAN TECHNOLOGIES in its sector

Comparison with sector Réparation de machines et équipements mécaniques

Valuation estimate

Based on 104 transactions of similar company sales (all years), the value of ECOCLEAN TECHNOLOGIES is estimated at 993 003 € (range 554 513€ - 2 644 145€). With an EBITDA of 290 330€, the sector multiple of 1.0x is applied. The price/revenue ratio is 0.27x (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
104 transactions
554k€ 993k€ 2644k€
993 003 € Range: 554 513€ - 2 644 145€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
290 330 € × 1.0x
Estimation 298 543 €
206 073€ - 976 668€
Revenue Multiple 30%
10 304 949 € × 0.27x
Estimation 2 771 041 €
1 477 639€ - 7 037 778€
Net Income Multiple 20%
48 116 € × 1.3x
Estimation 62 097 €
40 928€ - 222 392€
How is this estimate calculated?

This estimate is based on the analysis of 104 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 (Réparation de machines et équipements mécaniques)

Compare ECOCLEAN TECHNOLOGIES with other companies in the same sector:

Voir toutes les statistiques du secteur Réparation de machines et équipements mécaniques

Frequently asked questions about ECOCLEAN TECHNOLOGIES

What is the revenue of ECOCLEAN TECHNOLOGIES ?

The revenue of ECOCLEAN TECHNOLOGIES in 2023 is 10.3 M€.

Is ECOCLEAN TECHNOLOGIES profitable?

Yes, ECOCLEAN TECHNOLOGIES generated a net profit of 48 k€ in 2023.

Where is the headquarters of ECOCLEAN TECHNOLOGIES ?

The headquarters of ECOCLEAN TECHNOLOGIES is located in LE MANS (72000), in the department Sarthe.

Where to find the tax return of ECOCLEAN TECHNOLOGIES ?

The tax return of ECOCLEAN TECHNOLOGIES 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 ECOCLEAN TECHNOLOGIES operate?

ECOCLEAN TECHNOLOGIES operates in the sector Réparation de machines et équipements mécaniques (NAF code 33.12Z). See the 'Sector positioning' section above to compare the company with its competitors.