SIREN : 489532648
AIR FORMATION is a French company founded 20 years ago, specialized in the sector Formation continue d'adultes. Based in BLAGNAC (31700), this company of category PME shows in 2024 a revenue of 4.0 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3 958 261 € | N/C | 2 880 900 € | N/C | 2 073 380 € | N/C | N/C | N/C | N/C |
| Net income | 352 887 € | 375 291 € | 233 694 € | 177 250 € | 101 921 € | 183 542 € | 95 738 € | 128 196 € | 22 045 € |
| EBITDA | 589 647 € | N/C | 413 841 € | N/C | 224 600 € | N/C | N/C | N/C | N/C |
| Net margin | 8.9% | N/C | 8.1% | N/C | 4.9% | N/C | N/C | N/C | N/C |
In 2024, AIR FORMATION achieves revenue of 4.0 M€. Over the period 2020-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +17.5%. After deducting consumption (0 €), gross margin stands at 4.0 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 590 k€, representing 14.9% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 353 k€, i.e. 8.9% of revenue. This profit can be retained or distributed to shareholders.
3 958 261 €
3 958 261 €
589 647 €
483 292 €
352 887 €
14.8%
The debt ratio (= Financial debt / Equity x 100) stands at 64%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 40%. 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 1.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. 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.
63.829%
40.409%
11.868%
1.067
45.7%
In 2024, the debt ratio of AIR FORMATION (63.83) 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 2024, the financial autonomy of AIR FORMATION (40.4%) 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.
In 2024, the repayment capacity of AIR FORMATION (1.07) 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.
The liquidity ratio (= Current assets / Current liabilities) stands at 160.72. 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 2.1x. Financial charges are adequately covered by operations.
160.716
2.084
In 2024, the liquidity ratio of AIR FORMATION (160.72) 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 2024, the interest coverage of AIR FORMATION (2.1x) 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: 70 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 37 days. The gap of 33 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 56 days of revenue, i.e. 616 k€ to permanently finance.
616 024 €
70 j
37 j
0 j
56 j
Based on 134 transactions of similar company sales (all years), the value of AIR FORMATION is estimated at 1 270 960 € (range 450 580€ - 3 613 408€). With an EBITDA of 589 647€, the sector multiple of 2.2x is applied. The price/revenue ratio is 0.36x (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.
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This estimate is based on the analysis of 134 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 AIR FORMATION with other companies in the same sector:
Voir toutes les statistiques du secteur Formation continue d'adultes
The revenue of AIR FORMATION in 2024 is 4.0 M€.
Yes, AIR FORMATION generated a net profit of 353 k€ in 2024.
The headquarters of AIR FORMATION is located in BLAGNAC (31700), in the department Haute-Garonne.
The tax return of AIR FORMATION 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).
AIR FORMATION operates in the sector Formation continue d'adultes (NAF code 85.59A). See the 'Sector positioning' section above to compare the company with its competitors.