GROUPE PIZZORNO ENVIRONNEMENT : revenue, balance sheet and financial ratios

GROUPE PIZZORNO ENVIRONNEMENT is a French company founded 26 years ago, specialized in the sector Collecte des déchets non dangereux. Based in DRAGUIGNAN (83300), this company of category ETI shows in 2024 a revenue of 27.2 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 - GROUPE PIZZORNO ENVIRONNEMENT (SIREN 429574395)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 27 167 358 € 33 687 290 € 33 497 952 € 26 217 909 € 32 540 246 € 44 646 339 € 56 288 698 € 61 268 549 € 65 884 770 €
Net income -727 567 € 3 868 841 € 7 444 074 € -1 353 165 € -483 171 € -233 536 € 3 938 291 € 2 383 871 € 10 561 724 €
EBITDA -10 956 206 € -1 108 598 € 832 812 € -3 190 277 € -4 342 206 € -1 850 735 € 336 535 € 1 296 006 € 3 530 830 €
Net margin -2.7% 11.5% 22.2% -5.2% -1.5% -0.5% 7.0% 3.9% 16.0%

Revenue and income statement

In 2024, GROUPE PIZZORNO ENVIRONNEMENT achieves revenue of 27.2 M€. Revenue is declining over the period 2016-2024 (CAGR: -10.5%). Significant drop of -19% vs 2023. After deducting consumption (183 k€), gross margin stands at 27.0 M€, i.e. a rate of 99%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -11.0 M€, representing -40.3% of revenue. Warning negative scissor effect: despite revenue change (-19%), EBITDA varies by -888%, reducing margin by 37.0 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -728 k€ (-2.7% 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

27 167 358 €

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

26 984 766 €

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

-10 956 206 €

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

-1 934 334 €

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

-727 567 €

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

-40.3%

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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 264%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 26%. The balance between equity and debt is satisfactory.

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

264.203%

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

25.809%

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

-18.113%

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

-29.557

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

27.8%

Solvency indicators evolution
GROUPE PIZZORNO ENVIRONNEMENT

Sector positioning

Debt ratio
264.2 2024
2022
2023
2024
Q1: 0.0
Med: 15.49
Q3: 63.85
Watch

In 2024, the debt ratio of GROUPE PIZZORNO ENVIRONNE... (264.20) 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
25.81% 2024
2022
2023
2024
Q1: 12.26%
Med: 33.27%
Q3: 50.43%
Average

In 2024, the financial autonomy of GROUPE PIZZORNO ENVIRONNE... (25.8%) 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
-29.56 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.05 years
Q3: 1.43 years
Excellent -65 pts over 3 years

In 2024, the repayment capacity of GROUPE PIZZORNO ENVIRONNE... (-29.56) 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 1169.59. 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

1169.592

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

-171.922

Liquidity indicators evolution
GROUPE PIZZORNO ENVIRONNEMENT

Sector positioning

Liquidity ratio
1169.59 2024
2022
2023
2024
Q1: 113.48
Med: 157.81
Q3: 230.0
Excellent

In 2024, the liquidity ratio of GROUPE PIZZORNO ENVIRONNE... (1169.59) 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
-171.92x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.62x
Q3: 7.0x
Watch -70 pts over 3 years

In 2024, the interest coverage of GROUPE PIZZORNO ENVIRONNE... (-171.9x) 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: 169 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 50 days. The gap of 119 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 551 days of revenue, i.e. 41.6 M€ to permanently finance. Notable WCR improvement over the period (-44%), freeing up cash.

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

41 598 115 €

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

169 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

50 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

0 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

551 j

WCR and payment terms evolution
GROUPE PIZZORNO ENVIRONNEMENT

Positioning of GROUPE PIZZORNO ENVIRONNEMENT 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 4 632 574€ to 6 498 435€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
4632k€ 4632k€ 6498k€
4 632 574 € Range: 4 632 574€ - 6 498 435€
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 PIZZORNO ENVIRONNEMENT with other companies in the same sector:

Voir toutes les statistiques du secteur Collecte des déchets non dangereux

Frequently asked questions about GROUPE PIZZORNO ENVIRONNEMENT

What is the revenue of GROUPE PIZZORNO ENVIRONNEMENT ?

The revenue of GROUPE PIZZORNO ENVIRONNEMENT in 2024 is 27.2 M€.

Is GROUPE PIZZORNO ENVIRONNEMENT profitable?

GROUPE PIZZORNO ENVIRONNEMENT recorded a net loss in 2024.

Where is the headquarters of GROUPE PIZZORNO ENVIRONNEMENT ?

The headquarters of GROUPE PIZZORNO ENVIRONNEMENT is located in DRAGUIGNAN (83300), in the department Var.

Where to find the tax return of GROUPE PIZZORNO ENVIRONNEMENT ?

The tax return of GROUPE PIZZORNO ENVIRONNEMENT 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 PIZZORNO ENVIRONNEMENT operate?

GROUPE PIZZORNO ENVIRONNEMENT 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.