NICOLLIN ESPACES VERTS REUNION : revenue, balance sheet and financial ratios

NICOLLIN ESPACES VERTS REUNION is a French company founded 11 years ago, specialized in the sector Services d'aménagement paysager . Based in SAINTE-MARIE (97438), this company of category GE shows in 2024 a revenue of 3.5 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 - NICOLLIN ESPACES VERTS REUNION (SIREN 809206683)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 3 499 626 € 2 497 869 € 3 459 826 € 3 068 618 € 2 287 569 € 2 021 171 € 1 615 369 € 1 061 342 € 1 025 137 €
Net income -448 089 € -1 484 112 € -23 230 € 249 139 € 216 241 € 223 913 € 233 503 € 86 531 € 31 728 €
EBITDA -18 333 € -1 186 367 € 138 333 € 435 194 € 253 344 € 343 031 € 291 983 € 151 778 € 39 768 €
Net margin -12.8% -59.4% -0.7% 8.1% 9.5% 11.1% 14.5% 8.2% 3.1%

Revenue and income statement

In 2024, NICOLLIN ESPACES VERTS REUNION achieves revenue of 3.5 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +16.6%. Vs 2023, growth of +40% (2.5 M€ -> 3.5 M€). After deducting consumption (307 k€), gross margin stands at 3.2 M€, i.e. a rate of 91%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -18 k€, representing -0.5% of revenue. Positive scissor effect: EBITDA margin improves by +47.0 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -448 k€ (-12.8% 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

3 499 626 €

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

3 192 923 €

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

-18 333 €

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

-319 757 €

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

-448 089 €

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

-0.5%

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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 -245%. 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 -41%. 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

-245.132%

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

-40.824%

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

-4.19%

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

-20.456

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

25.7%

Solvency indicators evolution
NICOLLIN ESPACES VERTS REUNION

Sector positioning

Debt ratio
-245.13 2024
2022
2023
2024
Q1: 5.58
Med: 27.89
Q3: 74.75
Excellent -50 pts over 3 years

In 2024, the debt ratio of NICOLLIN ESPACES VERTS RE... (-245.13) 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
-40.82% 2024
2022
2023
2024
Q1: 16.64%
Med: 35.66%
Q3: 54.44%
Watch -13 pts over 3 years

In 2024, the financial autonomy of NICOLLIN ESPACES VERTS RE... (-40.8%) 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
-20.46 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.46 years
Q3: 1.7 years
Excellent -50 pts over 3 years

In 2024, the repayment capacity of NICOLLIN ESPACES VERTS RE... (-20.46) 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 194.28. 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

194.28

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

-764.894

Liquidity indicators evolution
NICOLLIN ESPACES VERTS REUNION

Sector positioning

Liquidity ratio
194.28 2024
2022
2023
2024
Q1: 132.1
Med: 188.62
Q3: 299.59
Good -20 pts over 3 years

In 2024, the liquidity ratio of NICOLLIN ESPACES VERTS RE... (194.28) 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
-764.89x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.69x
Q3: 3.72x
Watch -57 pts over 3 years

In 2024, the interest coverage of NICOLLIN ESPACES VERTS RE... (-764.9x) 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: 177 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 136 days. The gap of 41 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 165 days of revenue, i.e. 1.6 M€ to permanently finance. Over 2016-2024, WCR increased by +7518%, 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

1 607 273 €

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

177 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

136 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

165 j

WCR and payment terms evolution
NICOLLIN ESPACES VERTS REUNION

Positioning of NICOLLIN ESPACES VERTS REUNION in its sector

Comparison with sector Services d'aménagement paysager

Valuation estimate

Based on 125 transactions of similar company sales (all years), the value of NICOLLIN ESPACES VERTS REUNION is estimated at 1 233 143 € (range 633 352€ - 1 750 031€). The price/revenue ratio is 0.35x (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.

Estimated enterprise value 2024
125 transactions
633k€ 1233k€ 1750k€
1 233 143 € Range: 633 352€ - 1 750 031€
NAF 5 all-time

Valuation method used

Revenue Multiple
3 499 626 € × 0.35x = 1 233 143 €
Range: 633 353€ - 1 750 032€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 125 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 (Services d'aménagement paysager )

Compare NICOLLIN ESPACES VERTS REUNION with other companies in the same sector:

Voir toutes les statistiques du secteur Services d'aménagement paysager

Frequently asked questions about NICOLLIN ESPACES VERTS REUNION

What is the revenue of NICOLLIN ESPACES VERTS REUNION ?

The revenue of NICOLLIN ESPACES VERTS REUNION in 2024 is 3.5 M€.

Is NICOLLIN ESPACES VERTS REUNION profitable?

NICOLLIN ESPACES VERTS REUNION recorded a net loss in 2024.

Where is the headquarters of NICOLLIN ESPACES VERTS REUNION ?

The headquarters of NICOLLIN ESPACES VERTS REUNION is located in SAINTE-MARIE (97438), in the department La Reunion.

Where to find the tax return of NICOLLIN ESPACES VERTS REUNION ?

The tax return of NICOLLIN ESPACES VERTS REUNION 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 NICOLLIN ESPACES VERTS REUNION operate?

NICOLLIN ESPACES VERTS REUNION operates in the sector Services d'aménagement paysager (NAF code 81.30Z). See the 'Sector positioning' section above to compare the company with its competitors.