GROUPE DIDIER LE FLOCH RECYCLAGE ENVIRON : revenue, balance sheet and financial ratios

GROUPE DIDIER LE FLOCH RECYCLAGE ENVIRON is a French company founded 36 years ago, specialized in the sector Collecte des déchets non dangereux. Based in ELLIANT (29370), this company of category PME shows in 2021 a revenue of 651 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 - GROUPE DIDIER LE FLOCH RECYCLAGE ENVIRON (SIREN 352421416)
Indicator 2021 2019 2018 2017 2016
Revenue 651 121 € 365 062 € 487 402 € 623 718 € 369 395 €
Net income 58 100 € -32 079 € 50 452 € 35 189 € 70 069 €
EBITDA 94 271 € -16 257 € -478 € 18 843 € 37 211 €
Net margin 8.9% -8.8% 10.4% 5.6% 19.0%

Revenue and income statement

In 2021, GROUPE DIDIER LE FLOCH RECYCLAGE ENVIRON achieves revenue of 651 k€. Over the period 2016-2021, the company shows strong growth with a CAGR (compound annual growth rate) of +12.0%. Vs 2019, growth of +78% (365 k€ -> 651 k€). After deducting consumption (140 k€), gross margin stands at 511 k€, i.e. a rate of 78%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 94 k€, representing 14.5% of revenue. Positive scissor effect: EBITDA margin improves by +18.9 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 58 k€, i.e. 8.9% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2021) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

651 121 €

Gross margin (2021) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

510 683 €

EBITDA (2021) ?
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

94 271 €

EBIT (2021) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

96 148 €

Net income (2021) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

58 100 €

EBITDA margin (2021) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

14.5%

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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 -34%. 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 -366%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 9.5 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 8.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

Debt ratio (2021) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

-34.176%

Financial autonomy (2021) ?
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

-365.891%

Cash flow / Revenue (2021) ?
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

8.95%

Repayment capacity (2021) ?
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

9.492

Asset age ratio (2021) ?
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

1.1%

Solvency indicators evolution
GROUPE DIDIER LE FLOCH RECYCLAGE ENVIRON

Sector positioning

Debt ratio
-34.18 2021
2018
2019
2021
Q1: 0.39
Med: 23.18
Q3: 77.85
Excellent

In 2021, the debt ratio of GROUPE DIDIER LE FLOCH RE... (-34.18) ranks in the bottom 25% of the sector, which is positive. This ratio measures the weight of debt relative to equity. A low ratio indicates a solid financial structure with little dependence on creditors.

Financial autonomy
-365.89% 2021
2018
2019
2021
Q1: 15.6%
Med: 32.5%
Q3: 47.63%
Watch

In 2021, the financial autonomy of GROUPE DIDIER LE FLOCH RE... (-365.9%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.

Repayment capacity
9.49 years 2021
2018
2019
2021
Q1: 0.0 years
Med: 0.23 years
Q3: 1.7 years
Watch +52 pts over 3 years

In 2021, the repayment capacity of GROUPE DIDIER LE FLOCH RE... (9.49) 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 23.36. 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 7.9x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2021) ?
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

23.361

Interest coverage (2021) ?
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

7.88

Liquidity indicators evolution
GROUPE DIDIER LE FLOCH RECYCLAGE ENVIRON

Sector positioning

Liquidity ratio
23.36 2021
2018
2019
2021
Q1: 122.1
Med: 161.71
Q3: 247.04
Watch

In 2021, the liquidity ratio of GROUPE DIDIER LE FLOCH RE... (23.36) 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
7.88x 2021
2018
2019
2021
Q1: 0.0x
Med: 0.48x
Q3: 2.44x
Excellent +51 pts over 3 years

In 2021, the interest coverage of GROUPE DIDIER LE FLOCH RE... (7.9x) 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: 49 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 628 days. Excellent situation: suppliers finance 579 days of the operating cycle (retail model). Inventory turnover is 11 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-160 days): operations structurally generate cash. Over 2016-2021, WCR increased by +25%, requiring additional financing.

Operating WCR (2021) ?
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

-289 508 €

Customer credit (2021) ?
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

49 j

Supplier credit (2021) ?
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

628 j

Inventory turnover (2021) ?
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

11 j

WCR in days of revenue (2021) ?
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

-160 j

WCR and payment terms evolution
GROUPE DIDIER LE FLOCH RECYCLAGE ENVIRON

Positioning of GROUPE DIDIER LE FLOCH RECYCLAGE ENVIRON 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 41 590€ to 89 566€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2021
Indicative
41k€ 59k€ 89k€
59 519 € Range: 41 590€ - 89 566€
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 GROUPE DIDIER LE FLOCH RECYCLAGE ENVIRON with other companies in the same sector:

Voir toutes les statistiques du secteur Collecte des déchets non dangereux

Frequently asked questions about GROUPE DIDIER LE FLOCH RECYCLAGE ENVIRON

What is the revenue of GROUPE DIDIER LE FLOCH RECYCLAGE ENVIRON ?

The revenue of GROUPE DIDIER LE FLOCH RECYCLAGE ENVIRON in 2021 is 651 k€.

Is GROUPE DIDIER LE FLOCH RECYCLAGE ENVIRON profitable?

Yes, GROUPE DIDIER LE FLOCH RECYCLAGE ENVIRON generated a net profit of 58 k€ in 2021.

Where is the headquarters of GROUPE DIDIER LE FLOCH RECYCLAGE ENVIRON ?

The headquarters of GROUPE DIDIER LE FLOCH RECYCLAGE ENVIRON is located in ELLIANT (29370), in the department Finistere.

Where to find the tax return of GROUPE DIDIER LE FLOCH RECYCLAGE ENVIRON ?

The tax return of GROUPE DIDIER LE FLOCH RECYCLAGE ENVIRON 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 GROUPE DIDIER LE FLOCH RECYCLAGE ENVIRON operate?

GROUPE DIDIER LE FLOCH RECYCLAGE ENVIRON 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.