SIREN : 901486902
RENECO is a French company founded 4 years ago, specialized in the sector Travaux d'isolation. Based in SAINT-PIERRE (97410), this company of category PME shows in 2023 a revenue of 14.9 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2023 | 2022 |
|---|---|---|
| Revenue | 14 937 384 € | 1 536 247 € |
| Net income | 194 115 € | 334 782 € |
| EBITDA | 253 863 € | 448 557 € |
| Net margin | 1.3% | 21.8% |
In 2023, RENECO achieves revenue of 14.9 M€. Vs 2022, growth of +872% (1.5 M€ -> 14.9 M€). After deducting consumption (7.4 M€), gross margin stands at 7.6 M€, i.e. a rate of 51%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 254 k€, representing 1.7% of revenue. Warning negative scissor effect: despite revenue change (+872%), EBITDA varies by -43%, reducing margin by 27.5 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 194 k€, i.e. 1.3% of revenue. This profit can be retained or distributed to shareholders.
14 937 384 €
7 580 263 €
253 863 €
258 973 €
194 115 €
1.7%
The debt ratio (= Financial debt / Equity x 100) stands at 0%. 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 6%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 1.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
0.089%
5.976%
1.271%
0.002
68.9%
In 2023, the debt ratio of RENECO (0.09) 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 RENECO (6.0%) 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 RENECO (0.00) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.
The liquidity ratio (= Current assets / Current liabilities) stands at 105.94. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
105.945
0.0
In 2023, the liquidity ratio of RENECO (105.94) 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.
In 2023, the interest coverage of RENECO (0.0x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 33 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 117 days. Excellent situation: suppliers finance 84 days of the operating cycle (retail model). Inventory turnover is 72 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 136 days of revenue, i.e. 5.7 M€ to permanently finance.
5 651 709 €
33 j
117 j
72 j
136 j
Based on 58 transactions of similar company sales
(all years),
the value of RENECO is estimated at
1 211 801 €
(range 785 880€ - 2 130 005€).
With an EBITDA of 253 863€, the sector multiple of 1.2x 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.
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This estimate is based on the analysis of 58 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 RENECO with other companies in the same sector:
The revenue of RENECO in 2023 is 14.9 M€.
Yes, RENECO generated a net profit of 194 k€ in 2023.
The headquarters of RENECO is located in SAINT-PIERRE (97410), in the department La Reunion.
The tax return of RENECO 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).
RENECO operates in the sector Travaux d'isolation (NAF code 43.29A). See the 'Sector positioning' section above to compare the company with its competitors.