SCE PROPR HYGIENE ETUD RECYCL ENVIRONNEM : revenue, balance sheet and financial ratios

SCE PROPR HYGIENE ETUD RECYCL ENVIRONNEM is a French company founded 32 years ago, specialized in the sector Collecte des déchets non dangereux. Based in AVRANCHES (50300), this company of category ETI shows in 2024 a revenue of 36.3 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 - SCE PROPR HYGIENE ETUD RECYCL ENVIRONNEM (SIREN 393568829)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 36 284 680 € 35 200 096 € 32 742 666 € 29 096 328 € 23 702 936 € 23 262 493 € 19 761 923 € 16 598 328 € 14 163 792 €
Net income 939 830 € 554 240 € 583 316 € 1 155 084 € -435 462 € 342 573 € 255 775 € 1 176 092 € 1 031 795 €
EBITDA 5 746 081 € 6 200 724 € 5 368 895 € 4 364 888 € 1 988 905 € 2 896 260 € 1 262 308 € 2 849 161 € 2 606 662 €
Net margin 2.6% 1.6% 1.8% 4.0% -1.8% 1.5% 1.3% 7.1% 7.3%

Revenue and income statement

In 2024, SCE PROPR HYGIENE ETUD RECYCL ENVIRONNEM achieves revenue of 36.3 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +12.5%. Vs 2023: +3%. After deducting consumption (4.9 M€), gross margin stands at 31.3 M€, i.e. a rate of 86%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 5.7 M€, representing 15.8% of revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 940 k€, i.e. 2.6% 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

36 284 680 €

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

31 339 812 €

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

5 746 081 €

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

1 087 996 €

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

939 830 €

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

15.7%

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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 80%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 39%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.8 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 14.8% 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

79.748%

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

39.394%

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

14.775%

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

1.835

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

38.8%

Solvency indicators evolution
SCE PROPR HYGIENE ETUD RECYCL ENVIRONNEM

Sector positioning

Debt ratio
79.75 2024
2022
2023
2024
Q1: 0.0
Med: 15.49
Q3: 63.85
Watch

In 2024, the debt ratio of SCE PROPR HYGIENE ETUD RE... (79.75) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.

Financial autonomy
39.39% 2024
2022
2023
2024
Q1: 12.26%
Med: 33.27%
Q3: 50.43%
Good +10 pts over 3 years

In 2024, the financial autonomy of SCE PROPR HYGIENE ETUD RE... (39.4%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
1.83 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.05 years
Q3: 1.43 years
Watch

In 2024, the repayment capacity of SCE PROPR HYGIENE ETUD RE... (1.83) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 159.95. 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 1.9x. Coverage is limited: any activity downturn would jeopardize interest payments.

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

159.946

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

1.937

Liquidity indicators evolution
SCE PROPR HYGIENE ETUD RECYCL ENVIRONNEM

Sector positioning

Liquidity ratio
159.95 2024
2022
2023
2024
Q1: 113.48
Med: 157.81
Q3: 230.0
Good

In 2024, the liquidity ratio of SCE PROPR HYGIENE ETUD RE... (159.95) 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
1.94x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.62x
Q3: 7.0x
Good -20 pts over 3 years

In 2024, the interest coverage of SCE PROPR HYGIENE ETUD RE... (1.9x) 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: 63 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 64 days. Favorable situation: supplier credit is longer than customer credit by 1 days. Overall, WCR represents 58 days of revenue, i.e. 5.9 M€ to permanently finance. Over 2016-2024, WCR increased by +533%, 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

5 885 012 €

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

63 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

64 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

58 j

WCR and payment terms evolution
SCE PROPR HYGIENE ETUD RECYCL ENVIRONNEM

Positioning of SCE PROPR HYGIENE ETUD RECYCL ENVIRONNEM 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 2 275 701€ to 5 071 604€ is provided for information purposes only and requires in-depth analysis to be confirmed.

Estimated enterprise value 2024
Indicative
2275k€ 3352k€ 5071k€
3 352 191 € Range: 2 275 701€ - 5 071 604€
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 SCE PROPR HYGIENE ETUD RECYCL ENVIRONNEM with other companies in the same sector:

Voir toutes les statistiques du secteur Collecte des déchets non dangereux

Frequently asked questions about SCE PROPR HYGIENE ETUD RECYCL ENVIRONNEM

What is the revenue of SCE PROPR HYGIENE ETUD RECYCL ENVIRONNEM ?

The revenue of SCE PROPR HYGIENE ETUD RECYCL ENVIRONNEM in 2024 is 36.3 M€.

Is SCE PROPR HYGIENE ETUD RECYCL ENVIRONNEM profitable?

Yes, SCE PROPR HYGIENE ETUD RECYCL ENVIRONNEM generated a net profit of 940 k€ in 2024.

Where is the headquarters of SCE PROPR HYGIENE ETUD RECYCL ENVIRONNEM ?

The headquarters of SCE PROPR HYGIENE ETUD RECYCL ENVIRONNEM is located in AVRANCHES (50300), in the department Manche.

Where to find the tax return of SCE PROPR HYGIENE ETUD RECYCL ENVIRONNEM ?

The tax return of SCE PROPR HYGIENE ETUD RECYCL ENVIRONNEM 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 SCE PROPR HYGIENE ETUD RECYCL ENVIRONNEM operate?

SCE PROPR HYGIENE ETUD RECYCL ENVIRONNEM 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.