NIDAPLAST-HONEYCOMBS : revenue, balance sheet and financial ratios

NIDAPLAST-HONEYCOMBS is a French company founded 41 years ago, specialized in the sector Fabrication de plaques, feuilles, tubes et profilés en matières plastiques. Based in FRESNES-SUR-ESCAUT (59970), this company of category PME shows in 2024 a revenue of 22.2 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 - NIDAPLAST-HONEYCOMBS (SIREN 971204474)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 22 223 341 € 23 645 933 € 24 401 871 € 23 037 895 € 18 309 673 € 19 722 488 € 18 653 291 € 17 119 368 € 18 543 098 €
Net income 1 454 244 € 1 269 502 € 737 781 € 762 860 € 711 943 € -66 353 € -822 514 € 133 113 € 783 632 €
EBITDA 2 960 302 € 3 011 556 € 301 862 € 1 630 290 € 1 632 852 € -13 133 € -481 540 € 677 407 € 1 389 515 €
Net margin 6.5% 5.4% 3.0% 3.3% 3.9% -0.3% -4.4% 0.8% 4.2%

Revenue and income statement

In 2024, NIDAPLAST-HONEYCOMBS achieves revenue of 22.2 M€. Revenue is growing positively over 9 years (CAGR: +2.3%). Slight decline of -6% vs 2023. After deducting consumption (7.6 M€), gross margin stands at 14.7 M€, i.e. a rate of 66%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 3.0 M€, representing 13.3% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.5 M€, i.e. 6.5% 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

22 223 341 €

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

14 666 206 €

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

2 960 302 €

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

1 618 077 €

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

1 454 244 €

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

13.3%

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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 19%. 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 73%. 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 1.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 12.9% 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

19.302%

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

72.589%

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

12.879%

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

1.055

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

32.5%

Solvency indicators evolution
NIDAPLAST-HONEYCOMBS

Sector positioning

Debt ratio
19.3 2024
2022
2023
2024
Q1: 0.73
Med: 15.01
Q3: 54.26
Average

In 2024, the debt ratio of NIDAPLAST-HONEYCOMBS (19.30) 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
72.59% 2024
2022
2023
2024
Q1: 36.22%
Med: 56.58%
Q3: 72.34%
Excellent

In 2024, the financial autonomy of NIDAPLAST-HONEYCOMBS (72.6%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
1.05 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.27 years
Q3: 1.35 years
Average -7 pts over 3 years

In 2024, the repayment capacity of NIDAPLAST-HONEYCOMBS (1.05) 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 532.59. 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 3.4x. 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

532.585

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

3.434

Liquidity indicators evolution
NIDAPLAST-HONEYCOMBS

Sector positioning

Liquidity ratio
532.59 2024
2022
2023
2024
Q1: 161.7
Med: 262.65
Q3: 376.36
Excellent +12 pts over 3 years

In 2024, the liquidity ratio of NIDAPLAST-HONEYCOMBS (532.59) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.

Interest coverage
3.43x 2024
2022
2023
2024
Q1: 0.04x
Med: 2.6x
Q3: 12.16x
Good -23 pts over 3 years

In 2024, the interest coverage of NIDAPLAST-HONEYCOMBS (3.4x) 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: 49 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 20 days. The company must finance 29 days of gap between collections and payments. Inventory turnover is 75 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 72 days of revenue, i.e. 4.5 M€ to permanently finance.

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

4 464 669 €

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

49 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

20 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

75 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

72 j

WCR and payment terms evolution
NIDAPLAST-HONEYCOMBS

Positioning of NIDAPLAST-HONEYCOMBS in its sector

Comparison with sector Fabrication de plaques, feuilles, tubes et profilés en matières plastiques

Valuation estimate

Based on 76 transactions of similar company sales (all years), the value of NIDAPLAST-HONEYCOMBS is estimated at 3 729 704 € (range 1 550 595€ - 7 950 362€). With an EBITDA of 2 960 302€, the sector multiple of 1.3x is applied. The price/revenue ratio is 0.20x (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
76 tx
1550k€ 3729k€ 7950k€
3 729 704 € Range: 1 550 595€ - 7 950 362€
NAF 4 all-time Aggregated at NAF sub-class level

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
2 960 302 € × 1.3x
Estimation 3 738 487 €
1 491 225€ - 8 300 274€
Revenue Multiple 30%
22 223 341 € × 0.20x
Estimation 4 521 273 €
2 161 391€ - 6 084 522€
Net Income Multiple 20%
1 454 244 € × 1.7x
Estimation 2 520 397 €
782 828€ - 9 874 344€
How is this estimate calculated?

This estimate is based on the analysis of 76 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 (Fabrication de plaques, feuilles, tubes et profilés en matières plastiques)

Compare NIDAPLAST-HONEYCOMBS with other companies in the same sector:

Voir toutes les statistiques du secteur Fabrication de plaques, feuilles, tubes et profilés en matières plastiques

Frequently asked questions about NIDAPLAST-HONEYCOMBS

What is the revenue of NIDAPLAST-HONEYCOMBS ?

The revenue of NIDAPLAST-HONEYCOMBS in 2024 is 22.2 M€.

Is NIDAPLAST-HONEYCOMBS profitable?

Yes, NIDAPLAST-HONEYCOMBS generated a net profit of 1.5 M€ in 2024.

Where is the headquarters of NIDAPLAST-HONEYCOMBS ?

The headquarters of NIDAPLAST-HONEYCOMBS is located in FRESNES-SUR-ESCAUT (59970), in the department Nord.

Where to find the tax return of NIDAPLAST-HONEYCOMBS ?

The tax return of NIDAPLAST-HONEYCOMBS 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 NIDAPLAST-HONEYCOMBS operate?

NIDAPLAST-HONEYCOMBS operates in the sector Fabrication de plaques, feuilles, tubes et profilés en matières plastiques (NAF code 22.21Z). See the 'Sector positioning' section above to compare the company with its competitors.