FORUM DISTRIBUTION MESSAGERIES : revenue, balance sheet and financial ratios

FORUM DISTRIBUTION MESSAGERIES is a French company founded 31 years ago, specialized in the sector Transports routiers de fret de proximité. Based in BAYONNE (64100), this company of category PME shows in 2020 a revenue of 641 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 - FORUM DISTRIBUTION MESSAGERIES (SIREN 399644202)
Indicator 2020 2018 2017
Revenue 640 693 € 700 246 € 628 726 €
Net income 169 € -25 926 € -22 476 €
EBITDA 12 076 € -22 297 € -11 584 €
Net margin 0.0% -3.7% -3.6%

Revenue and income statement

Im Jahr 2020 erzielt FORUM DISTRIBUTION MESSAGERIES einen Umsatz von 641 k€. Der Umsatz wächst über 3 Jahre positiv (CAGR: +0.6%). Leichter Rückgang von -9% vs 2018. Nach Abzug des Verbrauchs (0 €) beträgt die Bruttomarge 641 k€, d.h. eine Rate von 100%. Dieses Verhältnis misst die Fähigkeit, aus der Geschäftstätigkeit Wert zu schaffen. EBITDA (= Bruttomarge - Personalkosten - Steuern) erreicht 12 k€, was 1.9% des Umsatzes entspricht. Positiver Schereneffekt: EBITDA-Marge verbessert sich um +5.1 Punkte. Die operative Marge bleibt fragil und erfordert Kostenwachsamkeit. Das Nettoergebnis beträgt 169 €, d.h. 0.0% des Umsatzes.

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

640 693 €

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

640 693 €

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

12 076 €

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

16 426 €

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

169 €

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

1.9%

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

Die Verschuldungsquote (= Finanzschulden / Eigenkapital x 100) beträgt 1%. Dieses niedrige Niveau spiegelt eine solide Finanzstruktur wider. Die finanzielle Autonomie (= Eigenkapital / Bilanzsumme x 100) erreicht 50%. Diese hohe Autonomie bedeutet, dass das Unternehmen den Großteil seiner Vermögenswerte durch Eigenkapital finanziert. Die Schuldenrückzahlungskapazität zeigt, dass es 0.0 Jahre Cashflow braucht. Diese kurze Periode zeigt eine ausgezeichnete Schuldentragfähigkeit. Der Cashflow beträgt 3.9% des Umsatzes.

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

0.569%

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

49.638%

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

3.876%

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

0.024

Asset age ratio (2020) ?
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

29.3%

Solvency indicators evolution
FORUM DISTRIBUTION MESSAGERIES

Sector positioning

Verschuldungsgrad
0.57 2020
2017
2018
2020
Q1: 1.93
Med: 32.85
Q3: 105.73
Ausgezeichnet -42 pts over 3 years

Im Jahr 2020 liegt in den unteren 25% der Branche, was positiv ist das verschuldungsgrad von FORUM DISTRIBUTION MESSAG... (0.57). Dieses Verhältnis misst das Gewicht der Schulden im Verhältnis zum Eigenkapital. Ein niedriges Verhältnis zeigt eine solide Finanzstruktur mit geringer Abhängigkeit von Gläubigern.

Finanzielle Autonomie
49.64% 2020
2017
2018
2020
Q1: 12.89%
Med: 30.57%
Q3: 49.44%
Ausgezeichnet +33 pts over 3 years

Im Jahr 2020 liegt in den oberen 25% der Branche das finanzielle autonomie von FORUM DISTRIBUTION MESSAG... (49.6%). Dieses Verhältnis stellt den Anteil des Eigenkapitals an der Gesamtfinanzierung dar. Hohe Autonomie spiegelt finanzielle Unabhängigkeit und Fähigkeit wider, Schocks zu absorbieren.

Rückzahlungsfähigkeit
0.02 ans 2020
2017
2018
2020
Q1: 0.0 ans
Med: 0.01 ans
Q3: 1.82 ans
Average +25 pts over 3 years

Im Jahr 2020 liegt über dem Median der Branche das rückzahlungsfähigkeit von FORUM DISTRIBUTION MESSAG... (0.0 an). Dieses Verhältnis gibt die Anzahl der Jahre an, die zur Rückzahlung der Schulden mit dem Cashflow benötigt werden. Eine Reduzierung könnte die finanzielle Stärke verbessern.

Liquidity ratios

Die Liquiditätsquote beträgt 191.24. Das Unternehmen verfügt über 2€ liquide Mittel für jeden 1€ kurzfristiger Schulden.

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

191.237

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

0.0

Liquidity indicators evolution
FORUM DISTRIBUTION MESSAGERIES

Sector positioning

Liquiditätsquote
191.24 2020
2017
2018
2020
Q1: 127.98
Med: 181.04
Q3: 267.79
Gut +51 pts over 3 years

Im Jahr 2020 liegt über dem Median der Branche das liquiditätsquote von FORUM DISTRIBUTION MESSAG... (191.24). Dieses Verhältnis misst die Fähigkeit, kurzfristige Schulden mit Umlaufvermögen zu decken. Diese komfortable Position bietet eine nennenswerte Sicherheitsmarge.

Zinsdeckung
0.0x 2020
2017
2018
2020
Q1: 0.0x
Med: 0.0x
Q3: 1.91x
Average

Im Jahr 2020 liegt unter dem Median der Branche das zinsdeckung von FORUM DISTRIBUTION MESSAG... (0.0x). Dieses Verhältnis gibt an, wie oft das Betriebsergebnis die Zinsaufwendungen deckt. Eine Verbesserung würde die Wettbewerbsposition stärken.

Working capital requirement (WCR) and payment terms

Der Betriebskapitalbedarf (WCR) misst die zeitliche Lücke. Durchschnittliche Kundenzahlungsfrist: 34 Tage. Lieferantenfrist: 38 Tage. Günstige Situation. WCR ist negativ (-6 Tage): Der Betrieb generiert strukturell Liquidität. Im Zeitraum 2017-2020 stieg der WCR um +93%.

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

-10 514 €

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

34 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

38 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

-6 j

WCR and payment terms evolution
FORUM DISTRIBUTION MESSAGERIES

Positioning of FORUM DISTRIBUTION MESSAGERIES in its sector

Comparison with sector Transports routiers de fret de proximité

Valuation estimate

Based on 60 transactions of similar company sales in 2020, the value of FORUM DISTRIBUTION MESSAGERIES is estimated at 53 100 € (range 16 722€ - 94 569€). With an EBITDA of 12 076€, the sector multiple of 1.3x is applied. The price/revenue ratio is 0.23x (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.

Estimated enterprise value 2020
60 tx
16k€ 53k€ 94k€
53 100 € Range: 16 722€ - 94 569€
NAF 5 année 2020

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
12 076 € × 1.3x
Estimation 16 081 €
6 199€ - 41 135€
Revenue Multiple 30%
640 693 € × 0.23x
Estimation 149 987 €
45 375€ - 246 022€
Net Income Multiple 20%
169 € × 1.9x
Estimation 318 €
54€ - 978€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 60 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 (Transports routiers de fret de proximité)

Compare FORUM DISTRIBUTION MESSAGERIES with other companies in the same sector:

Voir toutes les statistiques du secteur Transports routiers de fret de proximité

Frequently asked questions about FORUM DISTRIBUTION MESSAGERIES

What is the revenue of FORUM DISTRIBUTION MESSAGERIES ?

The revenue of FORUM DISTRIBUTION MESSAGERIES in 2020 is 641 k€.

Is FORUM DISTRIBUTION MESSAGERIES profitable?

Yes, FORUM DISTRIBUTION MESSAGERIES generated a net profit of 169€ in 2020.

Where is the headquarters of FORUM DISTRIBUTION MESSAGERIES ?

The headquarters of FORUM DISTRIBUTION MESSAGERIES is located in BAYONNE (64100), in the department Pyrenees-Atlantiques.

Where to find the tax return of FORUM DISTRIBUTION MESSAGERIES ?

The tax return of FORUM DISTRIBUTION MESSAGERIES 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 FORUM DISTRIBUTION MESSAGERIES operate?

FORUM DISTRIBUTION MESSAGERIES operates in the sector Transports routiers de fret de proximité (NAF code 49.41B). See the 'Sector positioning' section above to compare the company with its competitors.