SIREN : 509833638
FORMACOM is a French company founded 17 years ago, specialized in the sector Formation continue d'adultes. Based in LIMOGES (87100), this company of category PME shows in 2023 a revenue of 650 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 | 2023 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|
| Revenue | 649 570 € | 329 100 € | N/C | 492 329 € | 580 178 € | 529 145 € | 500 371 € |
| Net income | 68 279 € | -6 448 € | 13 023 € | -30 293 € | 67 479 € | 46 866 € | 38 170 € |
| EBITDA | 89 832 € | 824 € | N/C | -8 525 € | 76 778 € | 56 490 € | 49 095 € |
| Net margin | 10.5% | -2.0% | N/C | -6.2% | 11.6% | 8.9% | 7.6% |
In 2023, FORMACOM achieves revenue of 650 k€. Revenue is growing positively over 7 years (CAGR: +3.3%). Vs 2020, growth of +97% (329 k€ -> 650 k€). After deducting consumption (0 €), gross margin stands at 650 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 90 k€, representing 13.8% of revenue. Positive scissor effect: EBITDA margin improves by +13.6 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 68 k€, i.e. 10.5% of revenue. This profit can be retained or distributed to shareholders.
649 570 €
649 570 €
89 832 €
76 576 €
68 279 €
13.8%
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 87%. 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 11.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
3.92%
86.555%
11.592%
0.266
31.2%
In 2023, the debt ratio of FORMACOM (3.92) 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 2023, the financial autonomy of FORMACOM (86.6%) 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 2023, the repayment capacity of FORMACOM (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 602.37. 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 0.2x. Danger: operating income does not cover interest charges, unsustainable situation.
602.372
0.16
In 2023, the liquidity ratio of FORMACOM (602.37) 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 2023, the interest coverage of FORMACOM (0.2x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 69 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 34 days. The gap of 35 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 65 days of revenue, i.e. 118 k€ to permanently finance. Over 2015-2023, WCR increased by +121%, requiring additional financing.
117 916 €
69 j
34 j
0 j
65 j
Based on 134 transactions of similar company sales (all years), the value of FORMACOM is estimated at 207 146 € (range 73 491€ - 606 369€). With an EBITDA of 89 832€, 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 FORMACOM with other companies in the same sector:
Voir toutes les statistiques du secteur Formation continue d'adultes
The revenue of FORMACOM in 2023 is 650 k€.
Yes, FORMACOM generated a net profit of 68 k€ in 2023.
The headquarters of FORMACOM is located in LIMOGES (87100), in the department Haute-Vienne.
The tax return of FORMACOM 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).
FORMACOM 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.