MARTINIQUAISE D'ASSAINISSEMENT ET DE NETTOIEMENT : revenue, balance sheet and financial ratios

MARTINIQUAISE D'ASSAINISSEMENT ET DE NETTOIEMENT is a French company founded 34 years ago, specialized in the sector Collecte et traitement des eaux usées. Based in FORT-DE-FRANCE (97200), this company of category PME shows in 2024 a revenue of 1.6 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 - MARTINIQUAISE D'ASSAINISSEMENT ET DE NETTOIEMENT (SIREN 384437034)
Indicator 2024 2023 2022 2020 2019 2018 2017 2015
Revenue 1 610 633 € 1 491 483 € 1 417 849 € N/C N/C N/C N/C 894 170 €
Net income 379 157 € 226 761 € 139 700 € 12 187 € -122 996 € 25 104 € 120 090 € 141 450 €
EBITDA 300 275 € 237 943 € 234 525 € N/C N/C N/C N/C 78 282 €
Net margin 23.5% 15.2% 9.9% N/C N/C N/C N/C 15.8%

Revenue and income statement

In 2024, MARTINIQUAISE D'ASSAINISSEMENT ET DE NETTOIEMENT achieves revenue of 1.6 M€. Over the period 2015-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +6.8%. Vs 2023: +8%. After deducting consumption (1 k€), gross margin stands at 1.6 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 300 k€, representing 18.6% of revenue. Positive scissor effect: EBITDA margin improves by +2.7 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 379 k€, i.e. 23.5% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

1 610 633 €

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

1 609 458 €

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

300 275 €

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

265 475 €

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

379 157 €

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

18.6%

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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 45%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 45%. 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 1.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 25.6% 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

44.78%

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

44.729%

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

25.629%

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

0.976

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

43.2%

Solvency indicators evolution
MARTINIQUAISE D'ASSAINISSEMENT ET DE NETTOIEMENT

Sector positioning

Debt ratio
44.78 2024
2022
2023
2024
Q1: 1.07
Med: 21.28
Q3: 69.04
Average +14 pts over 3 years

In 2024, the debt ratio of MARTINIQUAISE D'ASSAINISS... (44.78) 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
44.73% 2024
2022
2023
2024
Q1: 15.57%
Med: 39.67%
Q3: 57.18%
Good +12 pts over 3 years

In 2024, the financial autonomy of MARTINIQUAISE D'ASSAINISS... (44.7%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
0.98 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.3 years
Q3: 1.71 years
Average +9 pts over 3 years

In 2024, the repayment capacity of MARTINIQUAISE D'ASSAINISS... (0.98) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 221.80. 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 3.5x. Financial charges are adequately covered by operations.

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

221.803

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

3.45

Liquidity indicators evolution
MARTINIQUAISE D'ASSAINISSEMENT ET DE NETTOIEMENT

Sector positioning

Liquidity ratio
221.8 2024
2022
2023
2024
Q1: 120.31
Med: 188.45
Q3: 284.02
Good +16 pts over 3 years

In 2024, the liquidity ratio of MARTINIQUAISE D'ASSAINISS... (221.80) 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
3.45x 2024
2022
2023
2024
Q1: 0.0x
Med: 1.0x
Q3: 7.24x
Good +11 pts over 3 years

In 2024, the interest coverage of MARTINIQUAISE D'ASSAINISS... (3.5x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.

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: 182 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 171 days. The company must finance 11 days of gap between collections and payments. Overall, WCR represents 256 days of revenue, i.e. 1.1 M€ to permanently finance. Over 2015-2024, WCR increased by +1455%, 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

1 144 677 €

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

182 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

171 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

256 j

WCR and payment terms evolution
MARTINIQUAISE D'ASSAINISSEMENT ET DE NETTOIEMENT

Positioning of MARTINIQUAISE D'ASSAINISSEMENT ET DE NETTOIEMENT 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 MARTINIQUAISE D'ASSAINISSEMENT ET DE NETTOIEMENT is estimated at 625 210 € (range 170 416€ - 2 278 455€). With an EBITDA of 300 275€, 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
170k€ 625k€ 2278k€
625 210 € Range: 170 416€ - 2 278 455€
NAF 5 all-time

Valuation detail by method

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EBITDA Multiple 50%
300 275 € × 2.9x
Estimation 855 973 €
176 268€ - 2 683 522€
Revenue Multiple 30%
1 610 633 € × 0.11x
Estimation 171 169 €
121 982€ - 511 847€
Net Income Multiple 20%
379 157 € × 1.9x
Estimation 729 368 €
228 442€ - 3 915 704€
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 MARTINIQUAISE D'ASSAINISSEMENT ET DE NETTOIEMENT with other companies in the same sector:

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

Frequently asked questions about MARTINIQUAISE D'ASSAINISSEMENT ET DE NETTOIEMENT

What is the revenue of MARTINIQUAISE D'ASSAINISSEMENT ET DE NETTOIEMENT ?

The revenue of MARTINIQUAISE D'ASSAINISSEMENT ET DE NETTOIEMENT in 2024 is 1.6 M€.

Is MARTINIQUAISE D'ASSAINISSEMENT ET DE NETTOIEMENT profitable?

Yes, MARTINIQUAISE D'ASSAINISSEMENT ET DE NETTOIEMENT generated a net profit of 379 k€ in 2024.

Where is the headquarters of MARTINIQUAISE D'ASSAINISSEMENT ET DE NETTOIEMENT ?

The headquarters of MARTINIQUAISE D'ASSAINISSEMENT ET DE NETTOIEMENT is located in FORT-DE-FRANCE (97200), in the department Martinique.

Where to find the tax return of MARTINIQUAISE D'ASSAINISSEMENT ET DE NETTOIEMENT ?

The tax return of MARTINIQUAISE D'ASSAINISSEMENT ET DE NETTOIEMENT 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 MARTINIQUAISE D'ASSAINISSEMENT ET DE NETTOIEMENT operate?

MARTINIQUAISE D'ASSAINISSEMENT ET DE NETTOIEMENT 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.