SIREN : 443813779
FORMETAL is a French company founded 23 years ago, specialized in the sector Installation de structures métalliques, chaudronnées et de tuyauterie. Based in FRANS (01480), this company of category PME shows in 2024 a revenue of 6 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 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6 000 € | 11 363 € | 22 775 € | 5 600 € | N/C | N/C | N/C | N/C | N/C |
| Net income | 20 599 € | 4 943 € | 3 412 € | -53 824 € | 386 815 € | 1 001 € | 18 989 € | 14 120 € | 98 717 € |
| EBITDA | 1 984 € | 5 103 € | -655 € | -108 054 € | -31 745 € | -1 647 € | -45 575 € | -45 835 € | -1 417 € |
| Net margin | 343.3% | 43.5% | 15.0% | -961.1% | N/C | N/C | N/C | N/C | N/C |
In 2024, FORMETAL achieves revenue of 6 k€. Revenue is growing positively over 9 years (CAGR: +2.3%). Significant drop of -47% vs 2023. After deducting consumption (0 €), gross margin stands at 6 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 33.1% of revenue. Warning negative scissor effect: despite revenue change (-47%), EBITDA varies by -61%, reducing margin by 11.8 pts. This reflects costs rising faster than revenue. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 21 k€, i.e. 343.3% of revenue. This profit can be retained or distributed to shareholders.
6 000 €
6 000 €
1 984 €
1 765 €
20 599 €
33.1%
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 99%. 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 347.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
0.692%
98.94%
346.967%
0.255
In 2024, the debt ratio of FORMETAL (0.69) 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 2024, the financial autonomy of FORMETAL (98.9%) 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 2024, the repayment capacity of FORMETAL (0.26) 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 26606.29. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
26606.289
0.0
In 2024, the liquidity ratio of FORMETAL (26606.29) 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 2024, the interest coverage of FORMETAL (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: 0 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 246 days. Excellent situation: suppliers finance 246 days of the operating cycle (retail model). Overall, WCR represents 34 days of revenue, i.e. 572 € to permanently finance.
572 €
0 j
246 j
0 j
34 j
Based on 98 transactions of similar company sales
(all years),
the value of FORMETAL is estimated at
12 704 €
(range 4 641€ - 25 401€).
With an EBITDA of 1 984€, the sector multiple of 1.0x is applied.
The price/revenue ratio is 0.18x
(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.
Medium reliability: estimate to be confirmed with in-depth analysis.
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This estimate is based on the analysis of 98 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 FORMETAL with other companies in the same sector:
The revenue of FORMETAL in 2024 is 6 k€.
Yes, FORMETAL generated a net profit of 21 k€ in 2024.
The headquarters of FORMETAL is located in FRANS (01480), in the department Ain.
The tax return of FORMETAL 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).
FORMETAL operates in the sector Installation de structures métalliques, chaudronnées et de tuyauterie (NAF code 33.20A). See the 'Sector positioning' section above to compare the company with its competitors.