INGENIERIE DE LA PEDAGOGIE PAR L'ACTION ET LES JEUX D'ENTREPRISES (IPAJE) : revenue, balance sheet and financial ratios

INGENIERIE DE LA PEDAGOGIE PAR L'ACTION ET LES JEUX D'ENTREPRISES (IPAJE) is a French company founded 29 years ago, specialized in the sector Formation continue d'adultes. Based in THURINS (69510), this company of category PME shows in 2020 a revenue of 91 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 - INGENIERIE DE LA PEDAGOGIE PAR L'ACTION ET LES JEUX D'ENTREPRISES (IPAJE) (SIREN 407666049)
Indicator 2020 2019 2018 2017 2016
Revenue 90 608 € 81 465 € 100 341 € 144 406 € N/C
Net income 29 295 € 25 102 € 28 761 € 25 101 € 17 223 €
EBITDA 34 731 € 30 484 € 37 701 € 39 080 € N/C
Net margin 32.3% 30.8% 28.7% 17.4% N/C

Revenue and income statement

In 2020, INGENIERIE DE LA PEDAGOGIE PAR L'ACTION ET LES JEUX D'ENTREPRISES (IPAJE) achieves revenue of 91 k€. Revenue is declining over the period 2017-2020 (CAGR: -14.4%). Vs 2019, growth of +11% (81 k€ -> 91 k€). After deducting consumption (0 €), gross margin stands at 91 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 35 k€, representing 38.3% of 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 29 k€, i.e. 32.3% of revenue. This profit can be retained or distributed to shareholders.

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

90 608 €

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

90 608 €

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

34 731 €

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

34 465 €

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

29 295 €

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

38.3%

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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 72%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Cash flow represents 32.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

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

72.125%

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

32.626%

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
INGENIERIE DE LA PEDAGOGIE PAR L'ACTION ET LES JEUX D'ENTREPRISES (IPAJE)

Sector positioning

Debt ratio
0.0 2020
2018
2019
2020
Q1: 0.0
Med: 6.49
Q3: 71.72
Excellent

In 2020, the debt ratio of INGENIERIE DE LA PEDAGOGI... (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
72.12% 2020
2018
2019
2020
Q1: 2.68%
Med: 29.09%
Q3: 57.81%
Excellent

In 2020, the financial autonomy of INGENIERIE DE LA PEDAGOGI... (72.1%) 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.

Repayment capacity
0.0 years 2020
2018
2019
2020
Q1: 0.0 years
Med: 0.0 years
Q3: 0.57 years
Excellent -25 pts over 3 years

In 2020, the repayment capacity of INGENIERIE DE LA PEDAGOGI... (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 353.58. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

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

353.581

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
INGENIERIE DE LA PEDAGOGIE PAR L'ACTION ET LES JEUX D'ENTREPRISES (IPAJE)

Sector positioning

Liquidity ratio
353.58 2020
2018
2019
2020
Q1: 131.48
Med: 226.89
Q3: 416.68
Good

In 2020, the liquidity ratio of INGENIERIE DE LA PEDAGOGI... (353.58) 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.

Interest coverage
0.0x 2020
2018
2019
2020
Q1: 0.0x
Med: 0.0x
Q3: 0.19x
Average

In 2020, the interest coverage of INGENIERIE DE LA PEDAGOGI... (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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 36 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 158 days. Excellent situation: suppliers finance 122 days of the operating cycle (retail model). Overall, WCR represents 44 days of revenue, i.e. 11 k€ to permanently finance.

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

11 140 €

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

36 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

158 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

44 j

WCR and payment terms evolution
INGENIERIE DE LA PEDAGOGIE PAR L'ACTION ET LES JEUX D'ENTREPRISES (IPAJE)

Positioning of INGENIERIE DE LA PEDAGOGIE PAR L'ACTION ET LES JEUX D'ENTREPRISES (IPAJE) in its sector

Comparison with sector Formation continue d'adultes

Valuation estimate

Based on 134 transactions of similar company sales (all years), the value of INGENIERIE DE LA PEDAGOGIE PAR L'ACTION ET LES JEUX D'ENTREPRISES (IPAJE) is estimated at 64 575 € (range 23 305€ - 209 981€). With an EBITDA of 34 731€, the sector multiple of 2.2x 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
134 transactions
23k€ 64k€ 209k€
64 575 € Range: 23 305€ - 209 981€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
34 731 € × 2.2x
Estimation 75 303 €
27 287€ - 195 852€
Revenue Multiple 30%
90 608 € × 0.36x
Estimation 32 387 €
10 805€ - 63 322€
Net Income Multiple 20%
29 295 € × 2.9x
Estimation 86 038 €
32 099€ - 465 295€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 134 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 (Formation continue d'adultes)

Compare INGENIERIE DE LA PEDAGOGIE PAR L'ACTION ET LES JEUX D'ENTREPRISES (IPAJE) with other companies in the same sector:

Voir toutes les statistiques du secteur Formation continue d'adultes

Frequently asked questions about INGENIERIE DE LA PEDAGOGIE PAR L'ACTION ET LES JEUX D'ENTREPRISES (IPAJE)

What is the revenue of INGENIERIE DE LA PEDAGOGIE PAR L'ACTION ET LES JEUX D'ENTREPRISES (IPAJE) ?

The revenue of INGENIERIE DE LA PEDAGOGIE PAR L'ACTION ET LES JEUX D'ENTREPRISES (IPAJE) in 2020 is 91 k€.

Is INGENIERIE DE LA PEDAGOGIE PAR L'ACTION ET LES JEUX D'ENTREPRISES (IPAJE) profitable?

Yes, INGENIERIE DE LA PEDAGOGIE PAR L'ACTION ET LES JEUX D'ENTREPRISES (IPAJE) generated a net profit of 29 k€ in 2020.

Where is the headquarters of INGENIERIE DE LA PEDAGOGIE PAR L'ACTION ET LES JEUX D'ENTREPRISES (IPAJE) ?

The headquarters of INGENIERIE DE LA PEDAGOGIE PAR L'ACTION ET LES JEUX D'ENTREPRISES (IPAJE) is located in THURINS (69510), in the department Rhone.

Where to find the tax return of INGENIERIE DE LA PEDAGOGIE PAR L'ACTION ET LES JEUX D'ENTREPRISES (IPAJE) ?

The tax return of INGENIERIE DE LA PEDAGOGIE PAR L'ACTION ET LES JEUX D'ENTREPRISES (IPAJE) 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 INGENIERIE DE LA PEDAGOGIE PAR L'ACTION ET LES JEUX D'ENTREPRISES (IPAJE) operate?

INGENIERIE DE LA PEDAGOGIE PAR L'ACTION ET LES JEUX D'ENTREPRISES (IPAJE) operates in the sector Formation continue d'adultes (NAF code 85.59A). See the 'Sector positioning' section above to compare the company with its competitors.