SOCIETE AVIGNONNAISE DES EAUX : revenue, balance sheet and financial ratios

SOCIETE AVIGNONNAISE DES EAUX is a French company founded 40 years ago, specialized in the sector Collecte et traitement des eaux usées. Based in AVIGNON (84000), this company of category GE shows in 2024 a revenue of 3.0 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 - SOCIETE AVIGNONNAISE DES EAUX (SIREN 334860822)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017
Revenue 3 009 069 € 3 062 801 € 2 690 003 € 2 657 003 € 3 900 594 € 3 900 594 € 24 521 843 € 23 786 302 €
Net income 670 899 € 710 994 € 593 829 € 513 591 € 704 628 € 704 628 € 1 787 581 € 1 787 141 €
EBITDA 840 679 € 694 377 € 740 220 € 801 591 € 1 151 452 € 1 151 452 € 5 800 288 € 5 351 153 €
Net margin 22.3% 23.2% 22.1% 19.3% 18.1% 18.1% 7.3% 7.5%

Revenue and income statement

In 2024, SOCIETE AVIGNONNAISE DES EAUX achieves revenue of 3.0 M€. Revenue is declining over the period 2017-2024 (CAGR: -25.6%). Slight decline of -2% vs 2023. After deducting consumption (32 €), gross margin stands at 3.0 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 841 k€, representing 27.9% of revenue. Positive scissor effect: EBITDA margin improves by +5.3 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 671 k€, i.e. 22.3% 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

3 009 069 €

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

3 009 037 €

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

840 679 €

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

775 419 €

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

670 899 €

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

27.9%

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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 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 76%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Cash flow represents 18.1% 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

0.0%

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

75.953%

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

18.058%

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

0.0

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

10.7%

Solvency indicators evolution
SOCIETE AVIGNONNAISE DES EAUX

Sector positioning

Debt ratio
0.0 2024
2022
2023
2024
Q1: 1.07
Med: 21.28
Q3: 69.04
Excellent

In 2024, the debt ratio of SOCIETE AVIGNONNAISE DES ... (0.00) 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.

Financial autonomy
75.95% 2024
2022
2023
2024
Q1: 15.57%
Med: 39.67%
Q3: 57.18%
Excellent +5 pts over 3 years

In 2024, the financial autonomy of SOCIETE AVIGNONNAISE DES ... (76.0%) 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
0.0 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.3 years
Q3: 1.71 years
Excellent

In 2024, the repayment capacity of SOCIETE AVIGNONNAISE DES ... (0.00) ranks in the bottom 25% of the sector, which is positive. This ratio indicates the number of years needed to repay debt with cash flow. A short capacity reflects controlled debt and good cash generation.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 396.63. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

396.627

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

0.0

Liquidity indicators evolution
SOCIETE AVIGNONNAISE DES EAUX

Sector positioning

Liquidity ratio
396.63 2024
2022
2023
2024
Q1: 120.31
Med: 188.45
Q3: 284.02
Excellent

In 2024, the liquidity ratio of SOCIETE AVIGNONNAISE DES ... (396.63) 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
0.0x 2024
2022
2023
2024
Q1: 0.0x
Med: 1.0x
Q3: 7.24x
Average

In 2024, the interest coverage of SOCIETE AVIGNONNAISE DES ... (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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 177 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 145 days. The gap of 32 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 710 days of revenue, i.e. 5.9 M€ to permanently finance. Notable WCR improvement over the period (-36%), 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

5 934 426 €

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

177 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

145 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

710 j

WCR and payment terms evolution
SOCIETE AVIGNONNAISE DES EAUX

Positioning of SOCIETE AVIGNONNAISE DES EAUX in its sector

Comparison with sector Collecte et traitement des eaux usées

Valuation estimate

Based on 84 transactions of similar company sales (all years), the value of SOCIETE AVIGNONNAISE DES EAUX is estimated at 1 552 284 € (range 395 959€ - 5 429 128€). With an EBITDA of 840 679€, the sector multiple of 2.9x is applied. The price/revenue ratio is 0.11x (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
84 tx
395k€ 1552k€ 5429k€
1 552 284 € Range: 395 959€ - 5 429 128€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
840 679 € × 2.9x
Estimation 2 396 465 €
493 496€ - 7 513 047€
Revenue Multiple 30%
3 009 069 € × 0.11x
Estimation 319 786 €
227 893€ - 956 259€
Net Income Multiple 20%
670 899 € × 1.9x
Estimation 1 290 579 €
404 217€ - 6 928 638€
How is this estimate calculated?

This estimate is based on the analysis of 84 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 et traitement des eaux usées)

Compare SOCIETE AVIGNONNAISE DES EAUX with other companies in the same sector:

Voir toutes les statistiques du secteur Collecte et traitement des eaux usées

Frequently asked questions about SOCIETE AVIGNONNAISE DES EAUX

What is the revenue of SOCIETE AVIGNONNAISE DES EAUX ?

The revenue of SOCIETE AVIGNONNAISE DES EAUX in 2024 is 3.0 M€.

Is SOCIETE AVIGNONNAISE DES EAUX profitable?

Yes, SOCIETE AVIGNONNAISE DES EAUX generated a net profit of 671 k€ in 2024.

Where is the headquarters of SOCIETE AVIGNONNAISE DES EAUX ?

The headquarters of SOCIETE AVIGNONNAISE DES EAUX is located in AVIGNON (84000), in the department Vaucluse.

Where to find the tax return of SOCIETE AVIGNONNAISE DES EAUX ?

The tax return of SOCIETE AVIGNONNAISE DES EAUX 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 SOCIETE AVIGNONNAISE DES EAUX operate?

SOCIETE AVIGNONNAISE DES EAUX operates in the sector Collecte et traitement des eaux usées (NAF code 37.00Z). See the 'Sector positioning' section above to compare the company with its competitors.