SIREN : 805018959
INCINERIS is a French company founded 11 years ago, specialized in the sector Services funéraires. Based in VILLENEUVE D ASCQ (59491), this company of category ETI shows in 2024 a revenue of 54.9 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 54 920 064 € | 54 150 935 € | 49 582 344 € | 40 543 052 € | 35 892 884 € | 33 084 217 € | 29 389 463 € | 26 491 073 € | 24 270 072 € |
| Net income | 6 986 270 € | 9 116 598 € | 7 388 589 € | 4 255 408 € | 3 717 804 € | 3 145 583 € | 2 259 847 € | 2 313 397 € | 2 065 413 € |
| EBITDA | 10 937 967 € | 15 598 432 € | 13 193 428 € | 8 763 719 € | 7 610 585 € | 6 323 147 € | 4 355 069 € | 4 213 380 € | 4 154 072 € |
| Net margin | 12.7% | 16.8% | 14.9% | 10.5% | 10.4% | 9.5% | 7.7% | 8.7% | 8.5% |
In 2024, INCINERIS achieves revenue of 54.9 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +10.7%. Vs 2023: +1%. After deducting consumption (3.8 M€), gross margin stands at 51.1 M€, i.e. a rate of 93%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 10.9 M€, representing 19.9% of revenue. Warning negative scissor effect: despite revenue change (+1%), EBITDA varies by -30%, reducing margin by 8.9 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 7.0 M€, i.e. 12.7% of revenue. This profit can be retained or distributed to shareholders.
54 920 064 €
51 090 284 €
10 937 967 €
8 951 107 €
6 986 270 €
19.9%
The debt ratio (= Financial debt / Equity x 100) stands at 5%. 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 74%. 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 0.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 16.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
4.839%
73.987%
16.704%
0.25
36.3%
In 2024, the debt ratio of INCINERIS (4.84) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2024, the financial autonomy of INCINERIS (74.0%) 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.
In 2024, the repayment capacity of INCINERIS (0.25) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.
The liquidity ratio (= Current assets / Current liabilities) stands at 330.84. 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 0.0x. Danger: operating income does not cover interest charges, unsustainable situation.
330.844
0.029
In 2024, the liquidity ratio of INCINERIS (330.84) 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.
In 2024, the interest coverage of INCINERIS (0.0x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 29 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 97 days. Excellent situation: suppliers finance 68 days of the operating cycle (retail model). Inventory turnover is 14 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 237 days of revenue, i.e. 36.1 M€ to permanently finance. Over 2016-2024, WCR increased by +263%, requiring additional financing.
36 115 983 €
29 j
97 j
14 j
237 j
Based on 108 transactions of similar company sales (all years), the value of INCINERIS is estimated at 23 613 604 € (range 9 450 775€ - 51 838 278€). With an EBITDA of 10 937 967€, the sector multiple of 2.4x is applied. The price/revenue ratio is 0.36x (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.
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This estimate is based on the analysis of 108 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare INCINERIS with other companies in the same sector:
The revenue of INCINERIS in 2024 is 54.9 M€.
Yes, INCINERIS generated a net profit of 7.0 M€ in 2024.
The headquarters of INCINERIS is located in VILLENEUVE D ASCQ (59491), in the department Nord.
The tax return of INCINERIS 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).
INCINERIS operates in the sector Services funéraires (NAF code 96.03Z). See the 'Sector positioning' section above to compare the company with its competitors.