SIREN : 435305610
FORMADOC is a French company founded 25 years ago, specialized in the sector Formation continue d'adultes. Based in TOULOUSE (31500), this company of category ETI shows in 2025 a revenue of 65 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 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 64 579 € | 73 475 € | 92 967 € | 85 000 € | 123 737 € | 64 643 € | 72 684 € | 80 305 € | 51 550 € | 99 141 € |
| Net income | 707 € | 6 742 € | 21 647 € | 10 000 € | 13 053 € | -8 092 € | -3 944 € | -2 447 € | -23 493 € | 10 545 € |
| EBITDA | -2 376 € | 6 133 € | 22 759 € | 10 000 € | 12 726 € | -8 618 € | -3 386 € | -2 599 € | -23 690 € | 7 884 € |
| Net margin | 1.1% | 9.2% | 23.3% | 11.8% | 10.5% | -12.5% | -5.4% | -3.0% | -45.6% | 10.6% |
In 2025, FORMADOC achieves revenue of 65 k€. Activity remains stable over the period (CAGR: -4.7%). Significant drop of -12% vs 2024. After deducting consumption (0 €), gross margin stands at 65 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 -2 k€, representing -3.7% of revenue. Warning negative scissor effect: despite revenue change (-12%), EBITDA varies by -139%, reducing margin by 12.0 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 707 €, i.e. 1.1% of revenue. This profit can be retained or distributed to shareholders.
64 579 €
64 579 €
-2 376 €
-1 955 €
707 €
-3.7%
The debt ratio (= Financial debt / Equity x 100) stands at 0%. 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 83%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Cash flow represents 1.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
0.0%
83.052%
1.095%
0.0
In 2025, the debt ratio of FORMADOC (0.00) 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 2025, the financial autonomy of FORMADOC (83.0%) 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 2025, the repayment capacity of FORMADOC (0.00) 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 590.04. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
590.041
0.0
In 2025, the liquidity ratio of FORMADOC (590.04) 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 2025, the interest coverage of FORMADOC (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: 88 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 76 days. The company must finance 12 days of gap between collections and payments. Overall, WCR represents 566 days of revenue, i.e. 102 k€ to permanently finance. Over 2016-2025, WCR increased by +210%, requiring additional financing.
101 554 €
88 j
76 j
0 j
566 j
Based on 134 transactions of similar company sales (all years), the value of FORMADOC is estimated at 14 680 € (range 4 930€ - 31 570€). 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 FORMADOC with other companies in the same sector:
Voir toutes les statistiques du secteur Formation continue d'adultes
The revenue of FORMADOC in 2025 is 65 k€.
Yes, FORMADOC generated a net profit of 707€ in 2025.
The headquarters of FORMADOC is located in TOULOUSE (31500), in the department Haute-Garonne.
The tax return of FORMADOC 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).
FORMADOC 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.