NICOLLIN SETE ENVIRONNEMENT : revenue, balance sheet and financial ratios

NICOLLIN SETE ENVIRONNEMENT is a French company founded 7 years ago, specialized in the sector Collecte des déchets non dangereux. Based in MONTPELLIER (34070), this company of category GE shows in 2024 a revenue of 8.6 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - NICOLLIN SETE ENVIRONNEMENT (SIREN 841249972)
Indicator 2024 2023 2022 2021 2020 2019 2018
Revenue 8 648 757 € 8 697 386 € 8 306 905 € 6 845 112 € 5 616 915 € 5 516 416 € 1 724 895 €
Net income -6 667 € 246 998 € 394 665 € 119 330 € 156 053 € 109 897 € -1 296 €
EBITDA 486 301 € 848 599 € 1 142 867 € 643 748 € 471 974 € 323 275 € 18 739 €
Net margin -0.1% 2.8% 4.8% 1.7% 2.8% 2.0% -0.1%

Revenue and income statement

In 2024, NICOLLIN SETE ENVIRONNEMENT achieves revenue of 8.6 M€. Over the period 2018-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +30.8%. Slight decline of -1% vs 2023. After deducting consumption (626 k€), gross margin stands at 8.0 M€, i.e. a rate of 93%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 486 k€, representing 5.6% of revenue. Warning negative scissor effect: despite revenue change (-1%), EBITDA varies by -43%, reducing margin by 4.1 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -7 k€ (-0.1% 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

8 648 757 €

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

8 022 267 €

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

486 301 €

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

-25 824 €

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

-6 667 €

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

5.6%

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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 59%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 19%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.6 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 5.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

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

58.54%

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

18.986%

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

5.904%

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

0.595

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

24.8%

Solvency indicators evolution
NICOLLIN SETE ENVIRONNEMENT

Sector positioning

Debt ratio
58.54 2024
2022
2023
2024
Q1: 0.0
Med: 15.28
Q3: 63.85
Average

In 2024, the debt ratio of NICOLLIN SETE ENVIRONNEMENT (58.54) 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
18.99% 2024
2022
2023
2024
Q1: 12.34%
Med: 33.41%
Q3: 50.45%
Average

In 2024, the financial autonomy of NICOLLIN SETE ENVIRONNEMENT (19.0%) 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
0.59 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.05 years
Q3: 1.42 years
Average -15 pts over 3 years

In 2024, the repayment capacity of NICOLLIN SETE ENVIRONNEMENT (0.59) 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 97.61. 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 0.8x. Danger: operating income does not cover interest charges, unsustainable situation.

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

97.61

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

0.843

Liquidity indicators evolution
NICOLLIN SETE ENVIRONNEMENT

Sector positioning

Liquidity ratio
97.61 2024
2022
2023
2024
Q1: 113.41
Med: 157.47
Q3: 230.42
Watch -15 pts over 3 years

In 2024, the liquidity ratio of NICOLLIN SETE ENVIRONNEMENT (97.61) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
0.84x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.61x
Q3: 6.95x
Good -7 pts over 3 years

In 2024, the interest coverage of NICOLLIN SETE ENVIRONNEMENT (0.8x) 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: 42 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 62 days. Favorable situation: supplier credit is longer than customer credit by 20 days. Inventory turnover is 2 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 10 days of revenue, i.e. 235 k€ to permanently finance. Notable WCR improvement over the period (-83%), freeing up cash.

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

235 333 €

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

42 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

62 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

2 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

10 j

WCR and payment terms evolution
NICOLLIN SETE ENVIRONNEMENT

Positioning of NICOLLIN SETE ENVIRONNEMENT in its sector

Comparison with sector Collecte des déchets non dangereux

Valuation estimate

Indicative estimate only : the number of comparable transactions in this sector is limited (33 transactions). This range of 594 167€ to 1 031 377€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
594k€ 707k€ 1031k€
707 423 € Range: 594 167€ - 1 031 377€
NAF 5 all-time
How is this estimate calculated?

This estimate is based on the analysis of 33 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 des déchets non dangereux)

Compare NICOLLIN SETE ENVIRONNEMENT with other companies in the same sector:

Voir toutes les statistiques du secteur Collecte des déchets non dangereux

Frequently asked questions about NICOLLIN SETE ENVIRONNEMENT

What is the revenue of NICOLLIN SETE ENVIRONNEMENT ?

The revenue of NICOLLIN SETE ENVIRONNEMENT in 2024 is 8.6 M€.

Is NICOLLIN SETE ENVIRONNEMENT profitable?

NICOLLIN SETE ENVIRONNEMENT recorded a net loss in 2024.

Where is the headquarters of NICOLLIN SETE ENVIRONNEMENT ?

The headquarters of NICOLLIN SETE ENVIRONNEMENT is located in MONTPELLIER (34070), in the department Herault.

Where to find the tax return of NICOLLIN SETE ENVIRONNEMENT ?

The tax return of NICOLLIN SETE ENVIRONNEMENT 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 SETE ENVIRONNEMENT operate?

NICOLLIN SETE ENVIRONNEMENT operates in the sector Collecte des déchets non dangereux (NAF code 38.11Z). See the 'Sector positioning' section above to compare the company with its competitors.