SIREN : 753755172
CONVERGENCES is a French company founded 13 years ago, specialized in the sector Formation continue d'adultes. Based in SAINT-GREGOIRE (35760), this company of category PME shows in 2020 a revenue of 606 k€. 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 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|
| Revenue | 606 497 € | 539 096 € | 602 893 € | 515 028 € | 604 398 € |
| Net income | 36 081 € | 44 279 € | 56 825 € | 38 714 € | 27 684 € |
| EBITDA | 43 574 € | 51 427 € | 69 617 € | 45 656 € | 30 523 € |
| Net margin | 5.9% | 8.2% | 9.4% | 7.5% | 4.6% |
In 2020, CONVERGENCES achieves revenue of 606 k€. Revenue is growing positively over 5 years (CAGR: +0.1%). Vs 2019, growth of +13% (539 k€ -> 606 k€). After deducting consumption (0 €), gross margin stands at 606 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 44 k€, representing 7.2% of revenue. Warning negative scissor effect: despite revenue change (+13%), EBITDA varies by -15%, reducing margin by 2.4 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 36 k€, i.e. 5.9% of revenue. This profit can be retained or distributed to shareholders.
606 497 €
606 497 €
43 574 €
43 159 €
36 081 €
7.2%
The debt ratio (= Financial debt / Equity x 100) stands at 4%. 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 68%. 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 0.3 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 6.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
3.588%
68.298%
5.985%
0.265
40.1%
In 2020, the debt ratio of CONVERGENCES (3.59) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2020, the financial autonomy of CONVERGENCES (68.3%) 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 2020, the repayment capacity of CONVERGENCES (0.27) 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 277.08. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
277.084
0.0
In 2020, the liquidity ratio of CONVERGENCES (277.08) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.
In 2020, the interest coverage of CONVERGENCES (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: 63 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 55 days. The company must finance 8 days of gap between collections and payments. Overall, WCR represents 51 days of revenue, i.e. 86 k€ to permanently finance. Over 2016-2020, WCR increased by +827%, requiring additional financing.
85 516 €
63 j
55 j
0 j
51 j
Based on 134 transactions of similar company sales (all years), the value of CONVERGENCES is estimated at 133 467 € (range 46 722€ - 364 631€). With an EBITDA of 43 574€, 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 CONVERGENCES with other companies in the same sector:
Voir toutes les statistiques du secteur Formation continue d'adultes
The revenue of CONVERGENCES in 2020 is 606 k€.
Yes, CONVERGENCES generated a net profit of 36 k€ in 2020.
The headquarters of CONVERGENCES is located in SAINT-GREGOIRE (35760), in the department Ille-et-Vilaine.
The tax return of CONVERGENCES 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).
CONVERGENCES 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.