SIREN : 789374246
ETE FORMATION is a French company founded 13 years ago, specialized in the sector Formation continue d'adultes. Based in LE MANS (72000), this company of category PME shows in 2025 a revenue of 1.9 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 | 2024 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|
| Revenue | 1 877 761 € | 2 831 408 € | N/C | N/C | N/C | 403 524 € |
| Net income | -11 763 € | 231 116 € | 11 791 € | 29 414 € | 68 496 € | 21 770 € |
| EBITDA | 69 017 € | 331 799 € | N/C | N/C | N/C | 50 253 € |
| Net margin | -0.6% | 8.2% | N/C | N/C | N/C | 5.4% |
In 2025, ETE FORMATION achieves revenue of 1.9 M€. Over the period 2016-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +18.6%. Significant drop of -34% vs 2024. After deducting consumption (12 k€), gross margin stands at 1.9 M€, i.e. a rate of 99%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 69 k€, representing 3.7% of revenue. Warning negative scissor effect: despite revenue change (-34%), EBITDA varies by -79%, reducing margin by 8.0 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Net income is negative at -12 k€ (-0.6% of revenue), which will impact equity.
1 877 761 €
1 866 073 €
69 017 €
-24 328 €
-11 763 €
3.7%
The debt ratio (= Financial debt / Equity x 100) stands at 243%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 18%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 5.7 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 3.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
243.469%
18.224%
3.867%
5.651
22.3%
In 2025, the debt ratio of ETE FORMATION (243.47) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.
In 2025, the financial autonomy of ETE FORMATION (18.2%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2025, the repayment capacity of ETE FORMATION (5.65) 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 224.19. 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 8.7x. Operating income very largely covers interest expenses: high safety margin.
224.192
8.654
In 2025, the liquidity ratio of ETE FORMATION (224.19) 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 ETE FORMATION (8.7x) 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: 29 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 18 days. The company must finance 11 days of gap between collections and payments. WCR is negative (-3 days): operations structurally generate cash. Notable WCR improvement over the period (-125%), freeing up cash.
-16 956 €
29 j
18 j
0 j
-3 j
Based on 134 transactions of similar company sales (all years), the value of ETE FORMATION is estimated at 345 219 € (range 117 865€ - 735 355€). With an EBITDA of 69 017€, 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 ETE FORMATION with other companies in the same sector:
Voir toutes les statistiques du secteur Formation continue d'adultes
The revenue of ETE FORMATION in 2025 is 1.9 M€.
ETE FORMATION recorded a net loss in 2025.
The headquarters of ETE FORMATION is located in LE MANS (72000), in the department Sarthe.
The tax return of ETE 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).
ETE 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.