SIREN : 348265570
FORMIDABLE is a French company founded 37 years ago, specialized in the sector Autres commerces de détail spécialisés divers. Based in SAINT-PYTHON (59730), this company of category PME shows in 2023 a revenue of 7.3 M€. 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
| Indicator | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7 315 515 € | 7 465 257 € | 7 151 624 € | 6 631 444 € | N/C | 5 540 690 € | 5 039 736 € | 4 109 797 € |
| Net income | 438 365 € | 529 514 € | 226 268 € | 427 795 € | 316 724 € | 428 533 € | 218 777 € | 219 783 € |
| EBITDA | 576 543 € | 554 502 € | 206 719 € | 291 587 € | N/C | 633 420 € | 321 969 € | 388 944 € |
| Net margin | 6.0% | 7.1% | 3.2% | 6.5% | N/C | 7.7% | 4.3% | 5.3% |
In 2023, FORMIDABLE achieves revenue of 7.3 M€. Over the period 2016-2023, the company shows strong growth with a CAGR (compound annual growth rate) of +8.6%. Slight decline of -2% vs 2022. After deducting consumption (5.6 M€), gross margin stands at 1.7 M€, i.e. a rate of 24%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 577 k€, representing 7.9% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 438 k€, i.e. 6.0% of revenue. This profit can be retained or distributed to shareholders.
7 315 515 €
1 731 170 €
576 543 €
449 369 €
438 365 €
7.9%
The debt ratio (= Financial debt / Equity x 100) stands at 2%. 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 78%. 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 0.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 7.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
1.65%
78.307%
7.845%
0.119
17.2%
In 2023, the debt ratio of FORMIDABLE (1.65) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2023, the financial autonomy of FORMIDABLE (78.3%) 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 2023, the repayment capacity of FORMIDABLE (0.12) 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 349.51. 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 2.1x. Financial charges are adequately covered by operations.
349.508
2.055
In 2023, the liquidity ratio of FORMIDABLE (349.51) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.
In 2023, the interest coverage of FORMIDABLE (2.1x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 1 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 45 days. Excellent situation: suppliers finance 44 days of the operating cycle (retail model). Inventory turnover is 84 days (= Average inventory / Cost of goods x 360). Overall, WCR represents 106 days of revenue, i.e. 2.2 M€ to permanently finance. Over 2016-2023, WCR increased by +58%, requiring additional financing.
2 154 858 €
1 j
45 j
84 j
106 j
Based on 100 transactions of similar company sales in 2023, the value of FORMIDABLE is estimated at 2 392 126 € (range 1 215 662€ - 4 973 509€). With an EBITDA of 576 543€, the sector multiple of 3.9x is applied. The price/revenue ratio is 0.42x (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 100 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 FORMIDABLE with other companies in the same sector:
Voir toutes les statistiques du secteur Autres commerces de détail spécialisés divers
The revenue of FORMIDABLE in 2023 is 7.3 M€.
Yes, FORMIDABLE generated a net profit of 438 k€ in 2023.
The headquarters of FORMIDABLE is located in SAINT-PYTHON (59730), in the department Nord.
The tax return of FORMIDABLE 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).
FORMIDABLE operates in the sector Autres commerces de détail spécialisés divers (NAF code 47.78C). See the 'Sector positioning' section above to compare the company with its competitors.