MAORE ASSAINISSEMENT ET PROPRETE SARL : revenue, balance sheet and financial ratios

MAORE ASSAINISSEMENT ET PROPRETE SARL is a French company founded 13 years ago, specialized in the sector Collecte et traitement des eaux usées. Based in KOUNGOU (97600), this company of category PME shows in 2024 a revenue of 8.2 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 - MAORE ASSAINISSEMENT ET PROPRETE SARL (SIREN 797968039)
Indicator 2024 2022 2021 2020 2019 2018 2017
Revenue 8 203 814 € 6 037 125 € 4 904 068 € 2 575 020 € 3 378 721 € 2 910 340 € 2 715 355 €
Net income -368 078 € 352 832 € 628 042 € -356 554 € 63 612 € 430 112 € 310 724 €
EBITDA 1 025 687 € 801 896 € 1 098 335 € -230 716 € 407 399 € 635 444 € 477 072 €
Net margin -4.5% 5.8% 12.8% -13.8% 1.9% 14.8% 11.4%

Revenue and income statement

In 2024, MAORE ASSAINISSEMENT ET PROPRETE SARL achieves revenue of 8.2 M€. Over the period 2017-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +17.1%. Vs 2022, growth of +36% (6.0 M€ -> 8.2 M€). After deducting consumption (1.0 M€), gross margin stands at 7.2 M€, i.e. a rate of 88%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.0 M€, representing 12.5% of revenue. This level of operating margin is satisfactory for the sector. Net income is negative at -368 k€ (-4.5% 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

8 203 814 €

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

7 191 779 €

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

1 025 687 €

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

-125 975 €

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

-368 078 €

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

12.5%

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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 113%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 37%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 5.0 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 10.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

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

112.608%

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

36.666%

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

10.27%

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

5.004

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

47.5%

Solvency indicators evolution
MAORE ASSAINISSEMENT ET PROPRETE SARL

Sector positioning

Debt ratio
112.61 2024
2021
2022
2024
Q1: 1.07
Med: 21.28
Q3: 69.04
Watch +18 pts over 3 years

In 2024, the debt ratio of MAORE ASSAINISSEMENT ET P... (112.61) 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
36.67% 2024
2021
2022
2024
Q1: 15.57%
Med: 39.67%
Q3: 57.18%
Average -23 pts over 3 years

In 2024, the financial autonomy of MAORE ASSAINISSEMENT ET P... (36.7%) 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
5.0 years 2024
2021
2022
2024
Q1: 0.0 years
Med: 0.3 years
Q3: 1.71 years
Watch +11 pts over 3 years

In 2024, the repayment capacity of MAORE ASSAINISSEMENT ET P... (5.00) 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 225.24. 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 10.9x. Operating income very largely covers interest expenses: high safety margin.

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

225.244

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

10.887

Liquidity indicators evolution
MAORE ASSAINISSEMENT ET PROPRETE SARL

Sector positioning

Liquidity ratio
225.24 2024
2021
2022
2024
Q1: 120.31
Med: 188.45
Q3: 284.02
Good

In 2024, the liquidity ratio of MAORE ASSAINISSEMENT ET P... (225.24) 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
10.89x 2024
2021
2022
2024
Q1: 0.0x
Med: 1.0x
Q3: 7.24x
Excellent

In 2024, the interest coverage of MAORE ASSAINISSEMENT ET P... (10.9x) 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: 166 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 90 days. The gap of 76 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 9 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 218 days of revenue, i.e. 5.0 M€ to permanently finance. Over 2017-2024, WCR increased by +227%, 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

4 977 008 €

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

166 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

90 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

9 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

218 j

WCR and payment terms evolution
MAORE ASSAINISSEMENT ET PROPRETE SARL

Positioning of MAORE ASSAINISSEMENT ET PROPRETE SARL in its sector

Comparison with sector Collecte et traitement des eaux usées

Valuation estimate

Based on 84 transactions of similar company sales (all years), the value of MAORE ASSAINISSEMENT ET PROPRETE SARL is estimated at 2 154 354 € (range 609 307€ - 6 706 691€). With an EBITDA of 1 025 687€, the sector multiple of 2.9x is applied. 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
84 tx
609k€ 2154k€ 6706k€
2 154 354 € Range: 609 307€ - 6 706 691€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
1 025 687 € × 2.9x
Estimation 2 923 855 €
602 100€ - 9 166 441€
Revenue Multiple 30%
8 203 814 € × 0.11x
Estimation 871 853 €
621 319€ - 2 607 108€
How is this estimate calculated?

This estimate is based on the analysis of 84 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 et traitement des eaux usées)

Compare MAORE ASSAINISSEMENT ET PROPRETE SARL with other companies in the same sector:

Voir toutes les statistiques du secteur Collecte et traitement des eaux usées

Frequently asked questions about MAORE ASSAINISSEMENT ET PROPRETE SARL

What is the revenue of MAORE ASSAINISSEMENT ET PROPRETE SARL ?

The revenue of MAORE ASSAINISSEMENT ET PROPRETE SARL in 2024 is 8.2 M€.

Is MAORE ASSAINISSEMENT ET PROPRETE SARL profitable?

MAORE ASSAINISSEMENT ET PROPRETE SARL recorded a net loss in 2024.

Where is the headquarters of MAORE ASSAINISSEMENT ET PROPRETE SARL ?

The headquarters of MAORE ASSAINISSEMENT ET PROPRETE SARL is located in KOUNGOU (97600), in the department Mayotte.

Where to find the tax return of MAORE ASSAINISSEMENT ET PROPRETE SARL ?

The tax return of MAORE ASSAINISSEMENT ET PROPRETE SARL 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 MAORE ASSAINISSEMENT ET PROPRETE SARL operate?

MAORE ASSAINISSEMENT ET PROPRETE SARL operates in the sector Collecte et traitement des eaux usées (NAF code 37.00Z). See the 'Sector positioning' section above to compare the company with its competitors.