FORMASUP : revenue, balance sheet and financial ratios
FORMASUP is a French company
founded 34 years ago,
specialized in the sector Enseignement supérieur.
Based in MONTAUBAN (82000),
this company of category PME
shows in 2020 a revenue of 786 k€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
In 2025, FORMASUP generates positive net income of 376 k€. Net income represents the final profit after all expenses (operating, financial, exceptional) and corporate tax. Change over 2016-2025: 151 k€ -> 376 k€.
Net income (2025)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
375 679 €
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Item
Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at 77%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 49%. This high autonomy means the company finances most of its assets through equity, a sign of strength.
Debt ratio (2025)
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Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low 50-100% : Moderate > 100% : High
76.933%
Financial autonomy (2025)
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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
48.579%
Asset age ratio (2025)
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Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2023
2024
2025
Debt ratio
41.723
48.352
41.662
18.031
40.055
90.383
89.169
76.933
Financial autonomy
58.443
57.191
58.281
72.749
59.805
42.759
45.383
48.579
Repayment capacity
1.485
1.034
0.808
0.318
1.479
None
None
None
Cash flow / Revenue
14.655%
26.415%
27.085%
28.993%
10.625%
None%
None%
None%
Sector positioning
Debt ratio
76.932025
2023
2024
2025
Q1: 0.01
Med: 16.33
Q3: 62.74
Watch
In 2025, the debt ratio of FORMASUP (76.93) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.
Financial autonomy
48.58%2025
2023
2024
2025
Q1: 12.12%
Med: 37.64%
Q3: 50.22%
Good+9 pts over 3 years
In 2025, the financial autonomy of FORMASUP (48.6%) 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.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 522.52. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
Liquidity ratio (2025)
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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
522.521
Liquidity indicators evolution FORMASUP
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2019
2020
2023
2024
2025
Liquidity ratio
676.871
787.143
1603.219
821.432
774.003
686.856
514.256
522.521
Interest coverage
3.832
1.736
1.437
1.043
2.814
None
None
None
Sector positioning
Liquidity ratio
522.522025
2023
2024
2025
Q1: 136.39
Med: 253.74
Q3: 487.88
Excellent
In 2025, the liquidity ratio of FORMASUP (522.52) 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.
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 (2025)
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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 (2025)
?
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 (2025)
?
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 (2025)
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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 FORMASUP
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2023
2024
2025
Operating WCR
187 199 €
179 123 €
344 433 €
292 221 €
315 595 €
0 €
0 €
0 €
Inventory turnover (days)
0
0
0
0
0
0
0
0
Customer payment term (days)
109
99
153
111
136
0
0
0
Supplier payment term (days)
11
6
10
18
11
0
0
0
Positioning of FORMASUP in its sector
Comparison with sector Enseignement supérieur
Valuation estimate
Based on 412 transactions of similar company sales
(all years),
the value of FORMASUP is estimated at
1 440 384 €
(range 558 432€ - 5 350 511€).
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 value2025
412 transactions
558k€1440k€5350k€
1 440 384 €Range: 558 432€ - 5 350 511€
Section all-time
Aggregated at NAF section level
Valuation method used
Net Income Multiple
375 679 €
×
3.8x
=1 440 385 €
Range: 558 432€ - 5 350 511€
Only this financial indicator is available for this company.
Valuation evolution
Visualisation creee via abddaf.fr Sources : BODACC & INPI
How is this estimate calculated?
This estimate is based on the analysis of 412 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 (Enseignement supérieur)
Compare FORMASUP with other companies in the same sector:
Yes, FORMASUP generated a net profit of 376 k€ in 2025.
Where is the headquarters of FORMASUP ?
The headquarters of FORMASUP is located in MONTAUBAN (82000), in the department Tarn-et-Garonne.
Where to find the tax return of FORMASUP ?
The tax return of FORMASUP 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 FORMASUP operate?
FORMASUP operates in the sector Enseignement supérieur (NAF code 85.42Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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