SIREN : 302179130
FORACO is a French company founded 39 years ago, specialized in the sector Forages et sondages. Based in LUNEL (34400), this company of category PME shows in 2024 a revenue of 6.9 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 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6 870 770 € | 7 786 371 € | 8 594 038 € | 8 992 499 € | 8 066 977 € | 4 897 023 € | 4 702 679 € | 11 785 266 € | 9 810 587 € |
| Net income | -1 408 670 € | -52 435 € | -535 136 € | -601 915 € | -933 148 € | -2 187 126 € | -2 339 384 € | -690 069 € | -802 681 € |
| EBITDA | -153 531 € | 895 909 € | 1 047 001 € | 1 183 297 € | 1 368 511 € | -806 481 € | 11 673 819 € | 707 024 € | -1 042 253 € |
| Net margin | -20.5% | -0.7% | -6.2% | -6.7% | -11.6% | -44.7% | -49.7% | -5.9% | -8.2% |
In 2024, FORACO achieves revenue of 6.9 M€. Activity remains stable over the period (CAGR: -4.4%). Significant drop of -12% vs 2023. After deducting consumption (-295 k€), gross margin stands at 7.2 M€, i.e. a rate of 104%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -154 k€, representing -2.2% of revenue. Warning negative scissor effect: despite revenue change (-12%), EBITDA varies by -117%, reducing margin by 13.7 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -1.4 M€ (-20.5% of revenue), which will impact equity.
6 870 770 €
7 165 412 €
-153 531 €
-367 551 €
-1 408 670 €
-2.2%
The debt ratio (= Financial debt / Equity x 100) stands at -112%. 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 -1%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
-112.374%
-1.332%
-14.16%
-0.824
19.9%
In 2024, the debt ratio of FORACO (-112.37) 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 2024, the financial autonomy of FORACO (-1.3%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.
In 2024, the repayment capacity of FORACO (-0.82) 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 97.57. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
97.572
-972.13
In 2024, the liquidity ratio of FORACO (97.57) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.
In 2024, the interest coverage of FORACO (-972.1x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 37 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 39 days. Favorable situation: supplier credit is longer than customer credit by 2 days. Inventory turnover is 88 days (= Average inventory / Cost of goods x 360). WCR is negative (-36 days): operations structurally generate cash. Notable WCR improvement over the period (-114%), freeing up cash.
-677 595 €
37 j
39 j
88 j
-36 j
Based on 136 transactions of similar company sales (all years), the value of FORACO is estimated at 1 428 481 € (range 811 649€ - 3 225 462€). The price/revenue ratio is 0.21x (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.
Only this financial indicator is available for this company.
This estimate is based on the analysis of 136 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 FORACO with other companies in the same sector:
The revenue of FORACO in 2024 is 6.9 M€.
FORACO recorded a net loss in 2024.
The headquarters of FORACO is located in LUNEL (34400), in the department Herault.
The tax return of FORACO 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).
FORACO operates in the sector Forages et sondages (NAF code 43.13Z). See the 'Sector positioning' section above to compare the company with its competitors.