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LANG RECYCLING : revenue, balance sheet and financial ratios

LANG RECYCLING is a French company founded 20 years ago, specialized in the sector Récupération de déchets triés. Based in SARREGUEMINES (57200), this company of category PME shows in 2019 a revenue of 2.7 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 - LANG RECYCLING (SIREN 489024208)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue N/C N/C N/C N/C 2 663 134 € N/C N/C N/C
Net income 283 225 € 166 446 € 175 412 € 18 779 € 55 225 € 114 625 € 24 901 € 14 102 €
EBITDA N/C N/C N/C N/C 87 880 € N/C N/C N/C
Net margin N/C N/C N/C N/C 2.1% N/C N/C N/C

Revenue and income statement

In 2023, LANG RECYCLING generates positive net income of 283 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2023: 14 k€ -> 283 k€.

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

283 225 €

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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 71%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 20%. The balance between equity and debt is satisfactory.

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

71.185%

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

20.424%

Solvency indicators evolution
LANG RECYCLING

Sector positioning

Debt ratio
71.19 2023
2021
2022
2023
Q1: 1.57
Med: 21.7
Q3: 83.86
Average +30 pts over 3 years

In 2023, the debt ratio of LANG RECYCLING (71.19) 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
20.42% 2023
2021
2022
2023
Q1: 19.78%
Med: 42.82%
Q3: 65.43%
Average -9 pts over 3 years

In 2023, the financial autonomy of LANG RECYCLING (20.4%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 147.75. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

147.754

Liquidity indicators evolution
LANG RECYCLING

Sector positioning

Liquidity ratio
147.75 2023
2021
2022
2023
Q1: 133.37
Med: 213.97
Q3: 367.83
Average

In 2023, the liquidity ratio of LANG RECYCLING (147.75) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.

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

0 €

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

0 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

0 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

0 j

WCR and payment terms evolution
LANG RECYCLING

Positioning of LANG RECYCLING in its sector

Comparison with sector Récupération de déchets triés

Valuation estimate

Based on 85 transactions of similar company sales (all years), the value of LANG RECYCLING is estimated at 504 580 € (range 91 212€ - 2 263 868€). 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 2023
85 tx
91k€ 504k€ 2263k€
504 580 € Range: 91 212€ - 2 263 868€
NAF 5 all-time

Valuation method used

Net Income Multiple
283 225 € × 1.8x = 504 581 €
Range: 91 212€ - 2 263 868€

Only this financial indicator is available for this company.

How is this estimate calculated?

This estimate is based on the analysis of 85 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 (Récupération de déchets triés)

Compare LANG RECYCLING with other companies in the same sector:

Frequently asked questions about LANG RECYCLING

What is the revenue of LANG RECYCLING ?

The revenue of LANG RECYCLING in 2019 is 2.7 M€.

Is LANG RECYCLING profitable?

Yes, LANG RECYCLING generated a net profit of 283 k€ in 2023.

Where is the headquarters of LANG RECYCLING ?

The headquarters of LANG RECYCLING is located in SARREGUEMINES (57200), in the department Moselle.

Where to find the tax return of LANG RECYCLING ?

The tax return of LANG RECYCLING 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 LANG RECYCLING operate?

LANG RECYCLING operates in the sector Récupération de déchets triés (NAF code 38.32Z). See the 'Sector positioning' section above to compare the company with its competitors.