AVENIR ET DEVELOPPEMENT FORMATION : revenue, balance sheet and financial ratios

AVENIR ET DEVELOPPEMENT FORMATION is a French company founded 23 years ago, specialized in the sector Formation continue d'adultes. Based in SAINT-QUENTIN (02100), this company of category PME shows in 2024 a revenue of 2.3 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 - AVENIR ET DEVELOPPEMENT FORMATION (SIREN 445061732)
Indicator 2024 2023 2021 2019 2018 2017 2016
Revenue 2 309 540 € 2 730 114 € 2 742 383 € 2 445 168 € 1 712 519 € 1 461 356 € 1 692 823 €
Net income 146 476 € 91 120 € 142 368 € 144 042 € 218 032 € 82 222 € 111 686 €
EBITDA 193 610 € 112 930 € 222 844 € 216 268 € 293 595 € 86 856 € 135 634 €
Net margin 6.3% 3.3% 5.2% 5.9% 12.7% 5.6% 6.6%

Revenue and income statement

In 2024, AVENIR ET DEVELOPPEMENT FORMATION achieves revenue of 2.3 M€. Revenue is growing positively over 7 years (CAGR: +4.0%). Significant drop of -15% vs 2023. After deducting consumption (0 €), gross margin stands at 2.3 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 194 k€, representing 8.4% of revenue. Positive scissor effect: EBITDA margin improves by +4.2 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 146 k€, i.e. 6.3% 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

2 309 540 €

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

2 309 540 €

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

193 610 €

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

192 900 €

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

146 476 €

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

8.4%

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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 38%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 34%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.4 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 6.4% 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

37.833%

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

33.627%

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

6.364%

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

0.42

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

11.9%

Solvency indicators evolution
AVENIR ET DEVELOPPEMENT FORMATION

Sector positioning

Debt ratio
37.83 2024
2021
2023
2024
Q1: 0.0
Med: 3.22
Q3: 34.93
Average +50 pts over 3 years

In 2024, the debt ratio of AVENIR ET DEVELOPPEMENT F... (37.83) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
33.63% 2024
2021
2023
2024
Q1: 1.03%
Med: 30.48%
Q3: 60.98%
Good -22 pts over 3 years

In 2024, the financial autonomy of AVENIR ET DEVELOPPEMENT F... (33.6%) 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
0.42 years 2024
2021
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.51 years
Average +21 pts over 3 years

In 2024, the repayment capacity of AVENIR ET DEVELOPPEMENT F... (0.42) 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 150.44. 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 1.0x. 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

150.438

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

0.961

Liquidity indicators evolution
AVENIR ET DEVELOPPEMENT FORMATION

Sector positioning

Liquidity ratio
150.44 2024
2021
2023
2024
Q1: 126.79
Med: 230.24
Q3: 439.51
Average -29 pts over 3 years

In 2024, the liquidity ratio of AVENIR ET DEVELOPPEMENT F... (150.44) 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
0.96x 2024
2021
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 0.65x
Excellent +50 pts over 3 years

In 2024, the interest coverage of AVENIR ET DEVELOPPEMENT F... (1.0x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 128 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 53 days. The gap of 75 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 86 days of revenue, i.e. 553 k€ to permanently finance. Over 2016-2024, WCR increased by +94%, 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

553 343 €

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

128 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

53 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

86 j

WCR and payment terms evolution
AVENIR ET DEVELOPPEMENT FORMATION

Positioning of AVENIR ET DEVELOPPEMENT FORMATION in its sector

Comparison with sector Formation continue d'adultes

Valuation estimate

Based on 134 transactions of similar company sales (all years), the value of AVENIR ET DEVELOPPEMENT FORMATION is estimated at 543 584 € (range 190 783€ - 1 495 405€). With an EBITDA of 193 610€, 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.

Estimated enterprise value 2024
134 transactions
190k€ 543k€ 1495k€
543 584 € Range: 190 783€ - 1 495 405€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
193 610 € × 2.2x
Estimation 419 779 €
152 114€ - 1 091 786€
Revenue Multiple 30%
2 309 540 € × 0.36x
Estimation 825 519 €
275 424€ - 1 614 045€
Net Income Multiple 20%
146 476 € × 2.9x
Estimation 430 194 €
160 496€ - 2 326 493€

Valuation evolution

How is this estimate calculated?

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.

  • 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 (Formation continue d'adultes)

Compare AVENIR ET DEVELOPPEMENT FORMATION with other companies in the same sector:

Voir toutes les statistiques du secteur Formation continue d'adultes

Frequently asked questions about AVENIR ET DEVELOPPEMENT FORMATION

What is the revenue of AVENIR ET DEVELOPPEMENT FORMATION ?

The revenue of AVENIR ET DEVELOPPEMENT FORMATION in 2024 is 2.3 M€.

Is AVENIR ET DEVELOPPEMENT FORMATION profitable?

Yes, AVENIR ET DEVELOPPEMENT FORMATION generated a net profit of 146 k€ in 2024.

Where is the headquarters of AVENIR ET DEVELOPPEMENT FORMATION ?

The headquarters of AVENIR ET DEVELOPPEMENT FORMATION is located in SAINT-QUENTIN (02100), in the department Aisne.

Where to find the tax return of AVENIR ET DEVELOPPEMENT FORMATION ?

The tax return of AVENIR ET DEVELOPPEMENT 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).

In which sector does AVENIR ET DEVELOPPEMENT FORMATION operate?

AVENIR ET DEVELOPPEMENT 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.