INSTITUT FRANCAIS DE FORMATION EN PATISSERIE : revenue, balance sheet and financial ratios

INSTITUT FRANCAIS DE FORMATION EN PATISSERIE is a French company founded 18 years ago, specialized in the sector Formation continue d'adultes. Based in YSSINGEAUX (43200), this company of category ETI shows in 2024 a revenue of 7.2 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

Financial history - INSTITUT FRANCAIS DE FORMATION EN PATISSERIE (SIREN 500616313)
Indicator 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue 7 183 831 € 6 229 992 € 5 492 338 € 4 063 126 € 3 612 184 € 4 723 256 € 4 653 006 € 3 796 799 € 3 570 878 € 3 795 733 €
Net income -533 043 € -1 182 266 € -318 528 € -491 876 € -389 028 € 217 271 € 428 485 € 87 857 € 0 € 220 969 €
EBITDA -109 567 € -745 098 € -148 135 € -606 936 € -218 772 € 490 608 € 674 413 € 261 534 € 145 829 € 418 963 €
Net margin -7.4% -19.0% -5.8% -12.1% -10.8% 4.6% 9.2% 2.3% 0.0% 5.8%

Revenue and income statement

In 2024, INSTITUT FRANCAIS DE FORMATION EN PATISSERIE achieves revenue of 7.2 M€. Over the period 2015-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +7.3%. Vs 2023, growth of +15% (6.2 M€ -> 7.2 M€). After deducting consumption (642 k€), gross margin stands at 6.5 M€, i.e. a rate of 91%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -110 k€, representing -1.5% of revenue. Positive scissor effect: EBITDA margin improves by +10.4 pts, sign of improved operational efficiency. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -533 k€ (-7.4% of revenue), which will impact equity.

Revenue (2024) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

7 183 831 €

Gross margin (2024) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

6 541 849 €

EBITDA (2024) ?
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

-109 567 €

EBIT (2024) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-364 780 €

Net income (2024) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-533 043 €

EBITDA margin (2024) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-1.5%

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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 -3%. 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 -41%. Low autonomy: the company heavily depends on external financing (banks, suppliers).

Debt ratio (2024) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

-3.351%

Financial autonomy (2024) ?
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

-41.062%

Cash flow / Revenue (2024) ?
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

-4.106%

Repayment capacity (2024) ?
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

-0.21

Asset age ratio (2024) ?
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

40.4%

Solvency indicators evolution
INSTITUT FRANCAIS DE FORMATION EN PATISSERIE

Sector positioning

Debt ratio
-3.35 2024
2022
2023
2024
Q1: 0.0
Med: 3.22
Q3: 34.93
Excellent

In 2024, the debt ratio of INSTITUT FRANCAIS DE FORM... (-3.35) 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
-41.06% 2024
2022
2023
2024
Q1: 1.03%
Med: 30.48%
Q3: 60.98%
Average

In 2024, the financial autonomy of INSTITUT FRANCAIS DE FORM... (-41.1%) 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
-0.21 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.51 years
Excellent

In 2024, the repayment capacity of INSTITUT FRANCAIS DE FORM... (-0.21) 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 65.91. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2024) ?
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

65.907

Interest coverage (2024) ?
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

-159.295

Liquidity indicators evolution
INSTITUT FRANCAIS DE FORMATION EN PATISSERIE

Sector positioning

Liquidity ratio
65.91 2024
2022
2023
2024
Q1: 126.79
Med: 230.24
Q3: 439.51
Watch

In 2024, the liquidity ratio of INSTITUT FRANCAIS DE FORM... (65.91) 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
-159.29x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 0.65x
Average

In 2024, the interest coverage of INSTITUT FRANCAIS DE FORM... (-159.3x) 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: 100 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 57 days. The gap of 43 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 3 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. WCR is negative (-137 days): operations structurally generate cash. Notable WCR improvement over the period (-1338%), freeing up cash.

Operating WCR (2024) ?
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

-2 727 629 €

Customer credit (2024) ?
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

100 j

Supplier credit (2024) ?
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

57 j

Inventory turnover (2024) ?
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

3 j

WCR in days of revenue (2024) ?
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

-137 j

WCR and payment terms evolution
INSTITUT FRANCAIS DE FORMATION EN PATISSERIE

Positioning of INSTITUT FRANCAIS DE FORMATION EN PATISSERIE 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 INSTITUT FRANCAIS DE FORMATION EN PATISSERIE is estimated at 2 567 780 € (range 856 708€ - 5 020 492€). 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 2024
134 transactions
856k€ 2567k€ 5020k€
2 567 780 € Range: 856 708€ - 5 020 492€
NAF 5 all-time

Valuation method used

Revenue Multiple
7 183 831 € × 0.36x = 2 567 780 €
Range: 856 708€ - 5 020 492€

Only this financial indicator is available for this company.

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 INSTITUT FRANCAIS DE FORMATION EN PATISSERIE with other companies in the same sector:

Voir toutes les statistiques du secteur Formation continue d'adultes

Frequently asked questions about INSTITUT FRANCAIS DE FORMATION EN PATISSERIE

What is the revenue of INSTITUT FRANCAIS DE FORMATION EN PATISSERIE ?

The revenue of INSTITUT FRANCAIS DE FORMATION EN PATISSERIE in 2024 is 7.2 M€.

Is INSTITUT FRANCAIS DE FORMATION EN PATISSERIE profitable?

INSTITUT FRANCAIS DE FORMATION EN PATISSERIE recorded a net loss in 2024.

Where is the headquarters of INSTITUT FRANCAIS DE FORMATION EN PATISSERIE ?

The headquarters of INSTITUT FRANCAIS DE FORMATION EN PATISSERIE is located in YSSINGEAUX (43200), in the department Haute-Loire.

Where to find the tax return of INSTITUT FRANCAIS DE FORMATION EN PATISSERIE ?

The tax return of INSTITUT FRANCAIS DE FORMATION EN PATISSERIE 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 INSTITUT FRANCAIS DE FORMATION EN PATISSERIE operate?

INSTITUT FRANCAIS DE FORMATION EN PATISSERIE 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.