FORMAT SOLUTIONS SAS : revenue, balance sheet and financial ratios

FORMAT SOLUTIONS SAS is a French company founded 12 years ago, specialized in the sector Autres activités de soutien aux entreprises n.c.a.. Based in VILLENEUVE-D'ASCQ (59491), this company of category PME shows in 2020 a revenue of 61 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

Financial history - FORMAT SOLUTIONS SAS (SIREN 801590944)
Indicator 2020 2019 2016 2015
Revenue 61 150 € 128 469 € 85 655 € 36 512 €
Net income -6 098 € 150 € 20 843 € 1 691 €
EBITDA 38 246 € 56 062 € 38 072 € 12 502 €
Net margin -10.0% 0.1% 24.3% 4.6%

Revenue and income statement

In 2020, FORMAT SOLUTIONS SAS achieves revenue of 61 k€. Over the period 2015-2020, the company shows strong growth with a CAGR (compound annual growth rate) of +10.9%. Significant drop of -52% vs 2019. After deducting consumption (0 €), gross margin stands at 61 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 38 k€, representing 62.5% of revenue. Positive scissor effect: EBITDA margin improves by +18.9 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Net income is negative at -6 k€ (-10.0% of revenue), which will impact equity.

Revenue (2020) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

61 150 €

Gross margin (2020) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

61 150 €

EBITDA (2020) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

38 246 €

EBIT (2020) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-6 680 €

Net income (2020) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-6 098 €

EBITDA margin (2020) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

62.5%

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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 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 1%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2020) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.0%

Financial autonomy (2020) ?
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

0.755%

Cash flow / Revenue (2020) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

-10.648%

Repayment capacity (2020) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

0.0

Solvency indicators evolution
FORMAT SOLUTIONS SAS

Sector positioning

Debt ratio
0.0 2020
2016
2019
2020
Q1: 0.0
Med: 5.51
Q3: 66.8
Excellent

In 2020, the debt ratio of FORMAT SOLUTIONS SAS (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.

Financial autonomy
0.76% 2020
2016
2019
2020
Q1: 5.98%
Med: 32.29%
Q3: 65.28%
Average -27 pts over 3 years

In 2020, the financial autonomy of FORMAT SOLUTIONS SAS (0.8%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
0.0 years 2020
2016
2019
2020
Q1: 0.0 years
Med: 0.0 years
Q3: 1.12 years
Excellent

In 2020, the repayment capacity of FORMAT SOLUTIONS SAS (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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 100.76. 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 0.1x. Danger: operating income does not cover interest charges, unsustainable situation.

Liquidity ratio (2020) ?
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

100.761

Interest coverage (2020) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

0.055

Liquidity indicators evolution
FORMAT SOLUTIONS SAS

Sector positioning

Liquidity ratio
100.76 2020
2016
2019
2020
Q1: 120.53
Med: 213.91
Q3: 471.8
Watch -31 pts over 3 years

In 2020, the liquidity ratio of FORMAT SOLUTIONS SAS (100.76) 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.

Interest coverage
0.06x 2020
2016
2019
2020
Q1: 0.0x
Med: 0.0x
Q3: 0.35x
Good +29 pts over 3 years

In 2020, the interest coverage of FORMAT SOLUTIONS SAS (0.1x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 180 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 1796 days. Excellent situation: suppliers finance 1616 days of the operating cycle (retail model). Overall, WCR represents 816 days of revenue, i.e. 139 k€ to permanently finance. Over 2015-2020, WCR increased by +521%, requiring additional financing.

Operating WCR (2020) ?
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

138 660 €

Customer credit (2020) ?
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

180 j

Supplier credit (2020) ?
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

1796 j

Inventory turnover (2020) ?
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 in days of revenue (2020) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

816 j

WCR and payment terms evolution
FORMAT SOLUTIONS SAS

Positioning of FORMAT SOLUTIONS SAS in its sector

Comparison with sector Autres activités de soutien aux entreprises n.c.a.

Valuation estimate

Based on 131 transactions of similar company sales (all years), the value of FORMAT SOLUTIONS SAS is estimated at 124 106 € (range 38 894€ - 214 889€). With an EBITDA of 38 246€, the sector multiple of 4.8x 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.

Estimated enterprise value 2020
131 transactions
38k€ 124k€ 214k€
124 106 € Range: 38 894€ - 214 889€
NAF 5 all-time

Valuation detail by method

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EBITDA Multiple 50%
38 246 € × 4.8x
Estimation 185 486 €
55 696€ - 319 092€
Revenue Multiple 30%
61 150 € × 0.36x
Estimation 21 807 €
10 891€ - 41 219€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 131 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 activités de soutien aux entreprises n.c.a.)

Compare FORMAT SOLUTIONS SAS with other companies in the same sector:

Voir toutes les statistiques du secteur Autres activités de soutien aux entreprises n.c.a.

Frequently asked questions about FORMAT SOLUTIONS SAS

What is the revenue of FORMAT SOLUTIONS SAS ?

The revenue of FORMAT SOLUTIONS SAS in 2020 is 61 k€.

Is FORMAT SOLUTIONS SAS profitable?

FORMAT SOLUTIONS SAS recorded a net loss in 2020.

Where is the headquarters of FORMAT SOLUTIONS SAS ?

The headquarters of FORMAT SOLUTIONS SAS is located in VILLENEUVE-D'ASCQ (59491), in the department Nord.

Where to find the tax return of FORMAT SOLUTIONS SAS ?

The tax return of FORMAT SOLUTIONS SAS 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 FORMAT SOLUTIONS SAS operate?

FORMAT SOLUTIONS SAS operates in the sector Autres activités de soutien aux entreprises n.c.a. (NAF code 82.99Z). See the 'Sector positioning' section above to compare the company with its competitors.