VEOLIA PROPRETE MEDITERRANEE : revenue, balance sheet and financial ratios

VEOLIA PROPRETE MEDITERRANEE is a French company founded 56 years ago, specialized in the sector Location de terrains et d'autres biens immobiliers. Based in MARSEILLE (13011), this company of category GE shows in 2024 a revenue of 20.6 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 - VEOLIA PROPRETE MEDITERRANEE (SIREN 037020344)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 20 611 993 € 18 849 507 € 17 174 110 € 11 966 348 € 18 012 403 € 16 810 310 € 19 923 140 € 15 792 713 € 791 948 €
Net income 4 292 864 € 4 520 326 € -1 300 494 € -366 683 € -984 624 € 2 067 839 € -328 934 € 10 261 € -28 €
EBITDA 269 174 € 155 760 € -144 697 € -527 419 € -447 944 € -626 015 € -835 105 € 333 179 € -12 941 889 €
Net margin 20.8% 24.0% -7.6% -3.1% -5.5% 12.3% -1.7% 0.1% -0.0%

Revenue and income statement

In 2024, VEOLIA PROPRETE MEDITERRANEE achieves revenue of 20.6 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +50.3%. Vs 2023: +9%. After deducting consumption (101 €), gross margin stands at 20.6 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 269 k€, representing 1.3% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 4.3 M€, i.e. 20.8% 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

20 611 993 €

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

20 611 892 €

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

269 174 €

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

-21 904 €

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

4 292 864 €

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

1.3%

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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 5%. 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 65%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

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

5.325%

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

64.827%

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

-0.559%

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

-3.718

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

36.1%

Solvency indicators evolution
VEOLIA PROPRETE MEDITERRANEE

Sector positioning

Debt ratio
5.33 2024
2022
2023
2024
Q1: -20.62
Med: 5.98
Q3: 146.83
Good

In 2024, the debt ratio of VEOLIA PROPRETE MEDITERRANEE (5.33) 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
64.83% 2024
2022
2023
2024
Q1: 0.04%
Med: 27.47%
Q3: 73.82%
Good +19 pts over 3 years

In 2024, the financial autonomy of VEOLIA PROPRETE MEDITERRANEE (64.8%) 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
-3.72 years 2024
2022
2023
2024
Q1: -0.02 years
Med: 0.65 years
Q3: 10.57 years
Excellent

In 2024, the repayment capacity of VEOLIA PROPRETE MEDITERRANEE (-3.72) 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 250.16. 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

250.161

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

1.949

Liquidity indicators evolution
VEOLIA PROPRETE MEDITERRANEE

Sector positioning

Liquidity ratio
250.16 2024
2022
2023
2024
Q1: 83.33
Med: 307.99
Q3: 1318.25
Average +9 pts over 3 years

In 2024, the liquidity ratio of VEOLIA PROPRETE MEDITERRANEE (250.16) 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
1.95x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 20.04x
Good +27 pts over 3 years

In 2024, the interest coverage of VEOLIA PROPRETE MEDITERRANEE (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: 41 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 52 days. Favorable situation: supplier credit is longer than customer credit by 11 days. Overall, WCR represents 162 days of revenue, i.e. 9.3 M€ to permanently finance. Notable WCR improvement over the period (-48%), 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

9 292 917 €

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

41 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

52 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

162 j

WCR and payment terms evolution
VEOLIA PROPRETE MEDITERRANEE

Positioning of VEOLIA PROPRETE MEDITERRANEE in its sector

Comparison with sector Location de terrains et d'autres biens immobiliers

Valuation estimate

Based on 169 transactions of similar company sales in 2024, the value of VEOLIA PROPRETE MEDITERRANEE is estimated at 11 592 123 € (range 3 864 609€ - 21 261 242€). With an EBITDA of 269 174€, the sector multiple of 5.6x is applied. The price/revenue ratio is 0.81x (in line with sector norms). 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.

Estimated enterprise value 2024
169 transactions
3864k€ 11592k€ 21261k€
11 592 123 € Range: 3 864 609€ - 21 261 242€
NAF 5 année 2024

Valuation detail by method

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EBITDA Multiple 50%
269 174 € × 5.6x
Estimation 1 507 328 €
399 000€ - 2 690 395€
Revenue Multiple 30%
20 611 993 € × 0.81x
Estimation 16 626 201 €
6 353 400€ - 31 003 804€
Net Income Multiple 20%
4 292 864 € × 6.8x
Estimation 29 252 996 €
8 795 447€ - 53 074 519€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 169 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 (Location de terrains et d'autres biens immobiliers)

Compare VEOLIA PROPRETE MEDITERRANEE with other companies in the same sector:

Voir toutes les statistiques du secteur Location de terrains et d'autres biens immobiliers

Frequently asked questions about VEOLIA PROPRETE MEDITERRANEE

What is the revenue of VEOLIA PROPRETE MEDITERRANEE ?

The revenue of VEOLIA PROPRETE MEDITERRANEE in 2024 is 20.6 M€.

Is VEOLIA PROPRETE MEDITERRANEE profitable?

Yes, VEOLIA PROPRETE MEDITERRANEE generated a net profit of 4.3 M€ in 2024.

Where is the headquarters of VEOLIA PROPRETE MEDITERRANEE ?

The headquarters of VEOLIA PROPRETE MEDITERRANEE is located in MARSEILLE (13011), in the department Bouches-du-Rhone.

Where to find the tax return of VEOLIA PROPRETE MEDITERRANEE ?

The tax return of VEOLIA PROPRETE MEDITERRANEE 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 VEOLIA PROPRETE MEDITERRANEE operate?

VEOLIA PROPRETE MEDITERRANEE operates in the sector Location de terrains et d'autres biens immobiliers (NAF code 68.20B). See the 'Sector positioning' section above to compare the company with its competitors.