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FORMAPRO 66 : revenue, balance sheet and financial ratios

FORMAPRO 66 is a French company founded 19 years ago, specialized in the sector Autres enseignements. Based in PERPIGNAN (66100), this company of category PME shows in 2018 a revenue of 534 k€. 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

Financial history - FORMAPRO 66 (SIREN 492099437)
Indicator 2024 2022 2021 2018
Revenue N/C N/C N/C 534 133 €
Net income 217 242 € 179 578 € 119 199 € 95 099 €
EBITDA N/C N/C N/C 127 426 €
Net margin N/C N/C N/C 17.8%

Revenue and income statement

In 2024, FORMAPRO 66 generates positive net income of 217 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2018-2024: 95 k€ -> 217 k€.

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

217 242 €

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 1%. 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 63%. This high autonomy means the company finances most of its assets through equity, a sign of strength.

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.743%

Financial autonomy (2024) ?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy
20-30% : Average
< 20% : Low

63.131%

Asset age ratio (2024) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

44.9%

Solvency indicators evolution
FORMAPRO 66

Sector positioning

Debt ratio
0.74 2024
2021
2022
2024
Q1: 0.0
Med: 0.56
Q3: 38.78
Average

In 2024, the debt ratio of FORMAPRO 66 (0.74) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
63.13% 2024
2021
2022
2024
Q1: 0.0%
Med: 17.39%
Q3: 51.77%
Excellent +10 pts over 3 years

In 2024, the financial autonomy of FORMAPRO 66 (63.1%) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 199.03. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2024) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

199.029

Liquidity indicators evolution
FORMAPRO 66

Sector positioning

Liquidity ratio
199.03 2024
2021
2022
2024
Q1: 114.25
Med: 223.1
Q3: 458.59
Average +9 pts over 3 years

In 2024, the liquidity ratio of FORMAPRO 66 (199.03) 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.

Working capital requirement (WCR) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments.

Operating WCR (2024) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

0 €

Customer credit (2024) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

0 j

Supplier credit (2024) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

0 j

Inventory turnover (2024) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

0 j

WCR and payment terms evolution
FORMAPRO 66

Positioning of FORMAPRO 66 in its sector

Comparison with sector Autres enseignements

Valuation estimate

Based on 134 transactions of similar company sales (all years), the value of FORMAPRO 66 is estimated at 638 030 € (range 238 035€ - 3 450 476€). 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.

Estimated enterprise value 2024
134 transactions
238k€ 638k€ 3450k€
638 030 € Range: 238 035€ - 3 450 476€
NAF 5 all-time

Valuation method used

Net Income Multiple
217 242 € × 2.9x = 638 031 €
Range: 238 036€ - 3 450 476€

Only this financial indicator is available for this company.

Valuation evolution

How is this estimate calculated?

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.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Autres enseignements)

Compare FORMAPRO 66 with other companies in the same sector:

Frequently asked questions about FORMAPRO 66

What is the revenue of FORMAPRO 66 ?

The revenue of FORMAPRO 66 in 2018 is 534 k€.

Is FORMAPRO 66 profitable?

Yes, FORMAPRO 66 generated a net profit of 217 k€ in 2024.

Where is the headquarters of FORMAPRO 66 ?

The headquarters of FORMAPRO 66 is located in PERPIGNAN (66100), in the department Pyrenees-Orientales.

Where to find the tax return of FORMAPRO 66 ?

The tax return of FORMAPRO 66 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).

In which sector does FORMAPRO 66 operate?

FORMAPRO 66 operates in the sector Autres enseignements (NAF code 85.59B). See the 'Sector positioning' section above to compare the company with its competitors.