SET ENVIRONNEMENT : revenue, balance sheet and financial ratios

SET ENVIRONNEMENT is a French company founded 39 years ago, specialized in the sector Dépollution et autres services de gestion des déchets. Based in WISSOUS (91320), this company of category ETI shows in 2024 a revenue of 16.1 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 - SET ENVIRONNEMENT (SIREN 338594260)
Indicator 2024 2023 2022 2021 2020 2019 2019 2018 2017 2016
Revenue 16 129 689 € 18 618 268 € 18 520 294 € 17 182 654 € 18 504 983 € 14 269 308 € 3 845 645 € 18 587 631 € 18 599 087 € 17 855 378 €
Net income 535 072 € 800 086 € 713 492 € 1 294 936 € 2 129 363 € 1 782 044 € 186 583 € 1 794 992 € 902 569 € 1 398 415 €
EBITDA 1 141 582 € 1 741 864 € 1 465 524 € 1 943 941 € 3 337 277 € 2 607 594 € 329 150 € 3 418 496 € 3 169 945 € 2 514 092 €
Net margin 3.3% 4.3% 3.9% 7.5% 11.5% 12.5% 4.9% 9.7% 4.9% 7.8%

Revenue and income statement

In 2024, SET ENVIRONNEMENT achieves revenue of 16.1 M€. Activity remains stable over the period (CAGR: -1.3%). Significant drop of -13% vs 2023. After deducting consumption (1.3 M€), gross margin stands at 14.8 M€, i.e. a rate of 92%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.1 M€, representing 7.1% of revenue. Warning negative scissor effect: despite revenue change (-13%), EBITDA varies by -34%, reducing margin by 2.3 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 535 k€, i.e. 3.3% 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

16 129 689 €

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

14 808 538 €

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

1 141 582 €

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

1 045 785 €

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

535 072 €

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

7.1%

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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 9%. 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 16%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.2 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 5.2% 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

9.249%

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

15.6%

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

5.176%

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

0.173

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

6.4%

Solvency indicators evolution
SET ENVIRONNEMENT

Sector positioning

Debt ratio
9.25 2024
2022
2023
2024
Q1: 1.03
Med: 19.98
Q3: 62.69
Good

In 2024, the debt ratio of SET ENVIRONNEMENT (9.25) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
15.6% 2024
2022
2023
2024
Q1: 10.02%
Med: 31.42%
Q3: 48.88%
Average -11 pts over 3 years

In 2024, the financial autonomy of SET ENVIRONNEMENT (15.6%) 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
0.17 years 2024
2022
2023
2024
Q1: -0.03 years
Med: 0.14 years
Q3: 1.46 years
Average +9 pts over 3 years

In 2024, the repayment capacity of SET ENVIRONNEMENT (0.17) 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 147.10. 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 0.7x. 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

147.097

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

0.707

Liquidity indicators evolution
SET ENVIRONNEMENT

Sector positioning

Liquidity ratio
147.1 2024
2022
2023
2024
Q1: 127.49
Med: 177.66
Q3: 259.76
Average

In 2024, the liquidity ratio of SET ENVIRONNEMENT (147.10) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
0.71x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.55x
Q3: 4.48x
Good

In 2024, the interest coverage of SET ENVIRONNEMENT (0.7x) 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: 146 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 155 days. Favorable situation: supplier credit is longer than customer credit by 9 days. Inventory turnover is 1 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 128 days of revenue, i.e. 5.7 M€ to permanently finance. Over 2016-2024, WCR increased by +26%, 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

5 732 491 €

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

146 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

155 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

1 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

128 j

WCR and payment terms evolution
SET ENVIRONNEMENT

Positioning of SET ENVIRONNEMENT in its sector

Comparison with sector Dépollution et autres services de gestion des déchets

Similar companies (Dépollution et autres services de gestion des déchets)

Compare SET ENVIRONNEMENT with other companies in the same sector:

Voir toutes les statistiques du secteur Dépollution et autres services de gestion des déchets

Frequently asked questions about SET ENVIRONNEMENT

What is the revenue of SET ENVIRONNEMENT ?

The revenue of SET ENVIRONNEMENT in 2024 is 16.1 M€.

Is SET ENVIRONNEMENT profitable?

Yes, SET ENVIRONNEMENT generated a net profit of 535 k€ in 2024.

Where is the headquarters of SET ENVIRONNEMENT ?

The headquarters of SET ENVIRONNEMENT is located in WISSOUS (91320), in the department Essonne.

Where to find the tax return of SET ENVIRONNEMENT ?

The tax return of SET 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 SET ENVIRONNEMENT operate?

SET ENVIRONNEMENT operates in the sector Dépollution et autres services de gestion des déchets (NAF code 39.00Z). See the 'Sector positioning' section above to compare the company with its competitors.