SIREN : 316418318
C.O.D.E.F. FORMATION is a French company founded 47 years ago, specialized in the sector Formation continue d'adultes. Based in VIEUX-THANN (68800), this company of category PME shows in 2025 a revenue of 2.0 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 | 2025 | 2023 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|
| Revenue | 1 952 714 € | 1 708 914 € | 1 022 081 € | 1 048 925 € | 1 112 413 € | 960 749 € | 906 845 € |
| Net income | 164 037 € | 275 173 € | 141 391 € | 70 155 € | 97 232 € | 125 079 € | 147 345 € |
| EBITDA | 325 926 € | 411 719 € | 245 727 € | 144 080 € | 174 931 € | 211 653 € | 254 749 € |
| Net margin | 8.4% | 16.1% | 13.8% | 6.7% | 8.7% | 13.0% | 16.2% |
In 2025, C.O.D.E.F. FORMATION achieves revenue of 2.0 M€. Over the period 2016-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +8.9%. Vs 2023, growth of +14% (1.7 M€ -> 2.0 M€). After deducting consumption (-3 k€), gross margin stands at 2.0 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 326 k€, representing 16.7% of revenue. Warning negative scissor effect: despite revenue change (+14%), EBITDA varies by -21%, reducing margin by 7.4 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 164 k€, i.e. 8.4% of revenue. This profit can be retained or distributed to shareholders.
1 952 714 €
1 956 028 €
325 926 €
225 879 €
164 037 €
16.7%
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 69%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Cash flow represents 12.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
0.0%
69.494%
12.089%
0.0
27.5%
In 2025, the debt ratio of C.O.D.E.F. FORMATION (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.
In 2025, the financial autonomy of C.O.D.E.F. FORMATION (69.5%) 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 2025, the repayment capacity of C.O.D.E.F. FORMATION (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.
The liquidity ratio (= Current assets / Current liabilities) stands at 220.07. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
220.068
0.0
In 2025, the liquidity ratio of C.O.D.E.F. FORMATION (220.07) 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 2025, the interest coverage of C.O.D.E.F. FORMATION (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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 40 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 14 days. The company must finance 26 days of gap between collections and payments. Inventory turnover is 2 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 25 days of revenue, i.e. 138 k€ to permanently finance.
137 647 €
40 j
14 j
2 j
25 j
Based on 134 transactions of similar company sales (all years), the value of C.O.D.E.F. FORMATION is estimated at 659 077 € (range 233 844€ - 1 849 449€). With an EBITDA of 325 926€, 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 C.O.D.E.F. FORMATION with other companies in the same sector:
Voir toutes les statistiques du secteur Formation continue d'adultes
The revenue of C.O.D.E.F. FORMATION in 2025 is 2.0 M€.
Yes, C.O.D.E.F. FORMATION generated a net profit of 164 k€ in 2025.
The headquarters of C.O.D.E.F. FORMATION is located in VIEUX-THANN (68800), in the department Haut-Rhin.
The tax return of C.O.D.E.F. 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).
C.O.D.E.F. 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.