SIREN : 482113941
EXCEL COURSES is a French company founded 21 years ago, specialized in the sector Transports routiers de fret de proximité. Based in SAINT-OUEN-SUR-SEINE (93400), this company of category ETI shows in 2024 a revenue of 8.0 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
| Indicator | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 8 002 660 € | 8 701 369 € | 7 122 209 € | 4 469 439 € | 3 641 247 € | 4 993 715 € | 4 337 552 € | 3 591 965 € | 2 686 307 € |
| Net income | 1 721 137 € | 2 045 760 € | 1 639 089 € | 704 163 € | 283 592 € | 598 154 € | 488 062 € | 424 972 € | 246 459 € |
| EBITDA | 1 995 068 € | 2 544 842 € | 2 127 778 € | 978 952 € | 470 595 € | 843 604 € | 723 781 € | 628 328 € | 349 218 € |
| Net margin | 21.5% | 23.5% | 23.0% | 15.8% | 7.8% | 12.0% | 11.3% | 11.8% | 9.2% |
In 2024, EXCEL COURSES achieves revenue of 8.0 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +14.6%. Slight decline of -8% vs 2023. After deducting consumption (0 €), gross margin stands at 8.0 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 2.0 M€, representing 24.9% of revenue. Warning negative scissor effect: despite revenue change (-8%), EBITDA varies by -22%, reducing margin by 4.3 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 1.7 M€, i.e. 21.5% of revenue. This profit can be retained or distributed to shareholders.
8 002 660 €
8 002 660 €
1 995 068 €
2 076 708 €
1 721 137 €
24.9%
The debt ratio (= Financial debt / Equity x 100) stands at 153%. 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 32%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 3.2 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 20.5% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
152.82%
32.435%
20.484%
3.195
4.4%
In 2024, the debt ratio of EXCEL COURSES (152.82) 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 EXCEL COURSES (32.4%) 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 EXCEL COURSES (3.19) 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 553.69. 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 9.4x. Operating income very largely covers interest expenses: high safety margin.
553.691
9.436
In 2024, the liquidity ratio of EXCEL COURSES (553.69) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.
In 2024, the interest coverage of EXCEL COURSES (9.4x) 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: 46 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 89 days. Excellent situation: suppliers finance 43 days of the operating cycle (retail model). Overall, WCR represents 427 days of revenue, i.e. 9.5 M€ to permanently finance. Over 2016-2024, WCR increased by +3603%, requiring additional financing.
9 487 874 €
46 j
89 j
0 j
427 j
Based on 71 transactions of similar company sales
in 2024,
the value of EXCEL COURSES is estimated at
2 624 304 €
(range 1 057 180€ - 7 760 347€).
With an EBITDA of 1 995 068€, the sector multiple of 0.9x is applied.
The price/revenue ratio is 0.23x
(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.
Medium reliability: estimate to be confirmed with in-depth analysis.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 71 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 EXCEL COURSES with other companies in the same sector:
Voir toutes les statistiques du secteur Transports routiers de fret de proximité
The revenue of EXCEL COURSES in 2024 is 8.0 M€.
Yes, EXCEL COURSES generated a net profit of 1.7 M€ in 2024.
The headquarters of EXCEL COURSES is located in SAINT-OUEN-SUR-SEINE (93400), in the department Seine-Saint-Denis.
The tax return of EXCEL COURSES 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).
EXCEL COURSES operates in the sector Transports routiers de fret de proximité (NAF code 49.41B). See the 'Sector positioning' section above to compare the company with its competitors.