INNOVATIVE WATER CARE EUROPE SAS : revenue, balance sheet and financial ratios

INNOVATIVE WATER CARE EUROPE SAS is a French company founded 44 years ago, specialized in the sector Fabrication d'autres produits chimiques organiques de base. Based in LA VILLE-AUX-DAMES (37700), this company of category PME shows in 2024 a revenue of 40.3 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 - INNOVATIVE WATER CARE EUROPE SAS (SIREN 306795964)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 40 313 280 € 53 442 988 € 43 569 802 € 51 685 351 € 49 886 219 € 49 454 292 € 38 670 962 € 32 972 335 € 30 226 559 €
Net income -12 223 716 € -3 235 485 € -324 203 € -155 847 € -776 743 € -260 900 € 963 316 € 947 313 € 1 076 036 €
EBITDA -4 640 457 € -1 540 657 € 58 088 € -690 855 € 2 865 106 € 1 271 469 € 2 101 369 € 2 143 056 € 1 895 557 €
Net margin -30.3% -6.1% -0.7% -0.3% -1.6% -0.5% 2.5% 2.9% 3.6%

Revenue and income statement

In 2024, INNOVATIVE WATER CARE EUROPE SAS achieves revenue of 40.3 M€. Revenue is growing positively over 9 years (CAGR: +3.7%). Significant drop of -25% vs 2023. After deducting consumption (32.9 M€), gross margin stands at 7.5 M€, i.e. a rate of 19%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -4.6 M€, representing -11.5% of revenue. Warning negative scissor effect: despite revenue change (-25%), EBITDA varies by -201%, reducing margin by 8.6 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -12.2 M€ (-30.3% 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

40 313 280 €

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

7 458 604 €

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

-4 640 457 €

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

-5 170 274 €

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

-12 223 716 €

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

-11.5%

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Chart evolution

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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 -241%. 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 -34%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

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

-241.417%

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

-33.649%

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

-13.909%

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

-3.571

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

1.0%

Solvency indicators evolution
INNOVATIVE WATER CARE EUROPE SAS

Sector positioning

Debt ratio
-241.42 2024
2022
2023
2024
Q1: 0.02
Med: 15.63
Q3: 39.8
Excellent -51 pts over 3 years

In 2024, the debt ratio of INNOVATIVE WATER CARE EUR... (-241.42) 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
-33.65% 2024
2022
2023
2024
Q1: 17.28%
Med: 49.25%
Q3: 67.99%
Watch

In 2024, the financial autonomy of INNOVATIVE WATER CARE EUR... (-33.6%) 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
-3.57 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.54 years
Q3: 2.08 years
Excellent +10 pts over 3 years

In 2024, the repayment capacity of INNOVATIVE WATER CARE EUR... (-3.57) 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 392.86. 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

392.86

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

-20.383

Liquidity indicators evolution
INNOVATIVE WATER CARE EUROPE SAS

Sector positioning

Liquidity ratio
392.86 2024
2022
2023
2024
Q1: 135.13
Med: 215.57
Q3: 394.65
Good +18 pts over 3 years

In 2024, the liquidity ratio of INNOVATIVE WATER CARE EUR... (392.86) 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
-20.38x 2024
2022
2023
2024
Q1: 0.0x
Med: 1.77x
Q3: 9.91x
Watch -74 pts over 3 years

In 2024, the interest coverage of INNOVATIVE WATER CARE EUR... (-20.4x) 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: 57 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 27 days. The company must finance 30 days of gap between collections and payments. Inventory turnover is 139 days (= Average inventory / Cost of goods x 360). This high level ties up cash and potentially creates obsolescence risk. Overall, WCR represents 189 days of revenue, i.e. 21.2 M€ to permanently finance. Over 2016-2024, WCR increased by +494%, 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

21 189 869 €

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

57 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

27 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

139 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

189 j

WCR and payment terms evolution
INNOVATIVE WATER CARE EUROPE SAS

Positioning of INNOVATIVE WATER CARE EUROPE SAS in its sector

Comparison with sector Fabrication d'autres produits chimiques organiques de base

Valuation estimate

Based on 74 transactions of similar company sales (all years), the value of INNOVATIVE WATER CARE EUROPE SAS is estimated at 4 428 181 € (range 2 889 765€ - 10 074 777€). The price/revenue ratio is 0.11x (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.
Medium reliability: estimate to be confirmed with in-depth analysis.

Estimated enterprise value 2024
74 tx
2889k€ 4428k€ 10074k€
4 428 181 € Range: 2 889 765€ - 10 074 777€
Section all-time Aggregated at NAF section level

Valuation method used

Revenue Multiple
40 313 280 € × 0.11x = 4 428 182 €
Range: 2 889 765€ - 10 074 777€

Only this financial indicator is available for this company.

How is this estimate calculated?

This estimate is based on the analysis of 74 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 (Fabrication d'autres produits chimiques organiques de base)

Compare INNOVATIVE WATER CARE EUROPE SAS with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication d'autres produits chimiques organiques de base

Frequently asked questions about INNOVATIVE WATER CARE EUROPE SAS

What is the revenue of INNOVATIVE WATER CARE EUROPE SAS ?

The revenue of INNOVATIVE WATER CARE EUROPE SAS in 2024 is 40.3 M€.

Is INNOVATIVE WATER CARE EUROPE SAS profitable?

INNOVATIVE WATER CARE EUROPE SAS recorded a net loss in 2024.

Where is the headquarters of INNOVATIVE WATER CARE EUROPE SAS ?

The headquarters of INNOVATIVE WATER CARE EUROPE SAS is located in LA VILLE-AUX-DAMES (37700), in the department Indre-et-Loire.

Where to find the tax return of INNOVATIVE WATER CARE EUROPE SAS ?

The tax return of INNOVATIVE WATER CARE EUROPE SAS 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 INNOVATIVE WATER CARE EUROPE SAS operate?

INNOVATIVE WATER CARE EUROPE SAS operates in the sector Fabrication d'autres produits chimiques organiques de base (NAF code 20.14Z). See the 'Sector positioning' section above to compare the company with its competitors.