SIREN : 822714903
XL RECYCLING is a French company founded 9 years ago, specialized in the sector Collecte des déchets non dangereux. Based in MONTBRISON (42600), this company of category ETI shows in 2023 a revenue of 10.1 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-04-18
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|
| Revenue | 10 128 723 € | 7 180 731 € | 4 795 812 € | 1 739 534 € | 1 833 652 € |
| Net income | 524 135 € | 295 223 € | 49 901 € | -890 196 € | -485 487 € |
| EBITDA | 1 497 605 € | 874 364 € | 296 663 € | -642 700 € | -444 363 € |
| Net margin | 5.2% | 4.1% | 1.0% | -51.2% | -26.5% |
In 2023, XL RECYCLING achieves revenue of 10.1 M€. Over the period 2019-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +53.3%. Vs 2022, growth of +41% (7.2 M€ -> 10.1 M€). After deducting consumption (6.0 M€), gross margin stands at 4.1 M€, i.e. a rate of 41%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 1.5 M€, representing 14.8% of revenue. Positive scissor effect: EBITDA margin improves by +2.6 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 524 k€, i.e. 5.2% of revenue. This profit can be retained or distributed to shareholders.
10 128 723 €
4 106 303 €
1 497 605 €
513 509 €
524 135 €
12.0%
The debt ratio (= Financial debt / Equity x 100) stands at 33%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 63%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 3.8 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 11.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
32.705%
62.583%
11.931%
3.757
91.0%
In 2023, the debt ratio of XL RECYCLING (32.70) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2023, the financial autonomy of XL RECYCLING (62.6%) 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.
In 2023, the repayment capacity of XL RECYCLING (3.76) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 158.38. 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 7.5x. Operating income very largely covers interest expenses: high safety margin.
158.38
7.505
In 2023, the liquidity ratio of XL RECYCLING (158.38) 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.
In 2023, the interest coverage of XL RECYCLING (7.5x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 93 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 110 days. Favorable situation: supplier credit is longer than customer credit by 17 days. Inventory turnover is 38 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 200 days of revenue, i.e. 5.6 M€ to permanently finance. Over 2019-2023, WCR increased by +13529%, requiring additional financing.
5 640 382 €
93 j
110 j
38 j
200 j
Indicative estimate only : the number of comparable transactions in this sector is limited (33 transactions). This range of 636 634€ to 1 385 431€ is provided for information purposes only and requires in-depth analysis to be confirmed.
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.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare XL RECYCLING with other companies in the same sector:
Voir toutes les statistiques du secteur Collecte des déchets non dangereux
The revenue of XL RECYCLING in 2023 is 10.1 M€.
Yes, XL RECYCLING generated a net profit of 524 k€ in 2023.
The headquarters of XL RECYCLING is located in MONTBRISON (42600), in the department Loire.
The tax return of XL RECYCLING 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).
XL RECYCLING 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.