SIREN : 815217039
NICOLLIN EAU is a French company founded 10 years ago, specialized in the sector Collecte et traitement des eaux usées. Based in VENISSIEUX (69200), this company of category GE shows in 2023 a revenue of 5.2 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
| Indicator | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5 176 968 € | 4 303 653 € | 4 811 083 € | 4 679 093 € | 4 854 450 € | 2 662 044 € | 345 763 € | 363 595 € |
| Net income | -358 816 € | -55 606 € | 20 870 € | 59 585 € | -45 102 € | 87 755 € | 14 761 € | 38 983 € |
| EBITDA | 378 946 € | 388 792 € | 380 432 € | 451 369 € | 163 091 € | 218 076 € | 51 304 € | 87 517 € |
| Net margin | -6.9% | -1.3% | 0.4% | 1.3% | -0.9% | 3.3% | 4.3% | 10.7% |
In 2023, NICOLLIN EAU achieves revenue of 5.2 M€. Over the period 2016-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +46.1%. Vs 2022, growth of +20% (4.3 M€ -> 5.2 M€). After deducting consumption (109 k€), gross margin stands at 5.1 M€, i.e. a rate of 98%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 379 k€, representing 7.3% of revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -359 k€ (-6.9% of revenue), which will impact equity.
5 176 968 €
5 068 106 €
378 946 €
90 345 €
-358 816 €
7.3%
The debt ratio (= Financial debt / Equity x 100) stands at -1158%. 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 -4%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 14.5 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 2.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
-1157.535%
-3.938%
2.887%
14.542
42.1%
In 2023, the debt ratio of NICOLLIN EAU (-1157.54) 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.
In 2023, the financial autonomy of NICOLLIN EAU (-3.9%) 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.
In 2023, the repayment capacity of NICOLLIN EAU (14.54) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 144.22. 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 79.2x. Operating income very largely covers interest expenses: high safety margin.
144.216
79.163
In 2023, the liquidity ratio of NICOLLIN EAU (144.22) 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.
In 2023, the interest coverage of NICOLLIN EAU (79.2x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 193 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 186 days. The company must finance 7 days of gap between collections and payments. Inventory turnover is 13 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 241 days of revenue, i.e. 3.5 M€ to permanently finance. Over 2016-2023, WCR increased by +2656%, requiring additional financing.
3 458 629 €
193 j
186 j
13 j
241 j
Based on 84 transactions of similar company sales
(all years),
the value of NICOLLIN EAU is estimated at
881 463 €
(range 286 060€ - 2 733 571€).
With an EBITDA of 378 946€, 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.
Ajustez les pondérations selon votre analyse
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.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare NICOLLIN EAU with other companies in the same sector:
Voir toutes les statistiques du secteur Collecte et traitement des eaux usées
The revenue of NICOLLIN EAU in 2023 is 5.2 M€.
NICOLLIN EAU recorded a net loss in 2023.
The headquarters of NICOLLIN EAU is located in VENISSIEUX (69200), in the department Rhone.
The tax return of NICOLLIN EAU 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).
NICOLLIN EAU 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.