INSTITUT SUPER DES COMMUNICATIONS AVENIR : revenue, balance sheet and financial ratios

INSTITUT SUPER DES COMMUNICATIONS AVENIR is a French company founded 39 years ago, specialized in the sector Autres enseignements. Based in RAMONVILLE-SAINT-AGNE (31520), this company of category PME shows in 2023 a revenue of 551 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 - INSTITUT SUPER DES COMMUNICATIONS AVENIR (SIREN 338380835)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016
Revenue 550 937 € 597 178 € N/C 401 763 € 471 688 € 384 981 € 341 721 € 407 939 €
Net income -5 351 € 7 265 € -75 214 € -27 392 € 49 016 € 28 018 € -21 149 € 28 289 €
EBITDA -11 187 € 1 079 € N/C -29 464 € 55 642 € 28 358 € -21 915 € 22 463 €
Net margin -1.0% 1.2% N/C -6.8% 10.4% 7.3% -6.2% 6.9%

Revenue and income statement

In 2023, INSTITUT SUPER DES COMMUNICATIONS AVENIR achieves revenue of 551 k€. Revenue is growing positively over 8 years (CAGR: +4.4%). Slight decline of -8% vs 2022. After deducting consumption (8 k€), gross margin stands at 543 k€, i.e. a rate of 99%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches -11 k€, representing -2.0% of revenue. Warning negative scissor effect: despite revenue change (-8%), EBITDA varies by -1137%, reducing margin by 2.2 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -5 k€ (-1.0% of revenue), which will impact equity.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

550 937 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

542 759 €

EBITDA (2023) ?
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

-11 187 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

-11 345 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

-5 351 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

-2.0%

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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 215%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 20%. The balance between equity and debt is satisfactory.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

215.1%

Financial autonomy (2023) ?
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

20.444%

Cash flow / Revenue (2023) ?
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

-0.909%

Repayment capacity (2023) ?
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

-15.726

Asset age ratio (2023) ?
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

1.0%

Solvency indicators evolution
INSTITUT SUPER DES COMMUNICATIONS AVENIR

Sector positioning

Debt ratio
215.1 2023
2021
2022
2023
Q1: 0.0
Med: 1.09
Q3: 40.73
Average

In 2023, the debt ratio of INSTITUT SUPER DES COMMUN... (215.10) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
20.44% 2023
2021
2022
2023
Q1: 0.0%
Med: 19.15%
Q3: 52.05%
Good +11 pts over 3 years

In 2023, the financial autonomy of INSTITUT SUPER DES COMMUN... (20.4%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.

Repayment capacity
-15.73 years 2023
2022
2023
Q1: 0.0 years
Med: 0.0 years
Q3: 0.5 years
Excellent -50 pts over 2 years

In 2023, the repayment capacity of INSTITUT SUPER DES COMMUN... (-15.73) 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 124.27. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.

Liquidity ratio (2023) ?
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

124.267

Interest coverage (2023) ?
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

-11.531

Liquidity indicators evolution
INSTITUT SUPER DES COMMUNICATIONS AVENIR

Sector positioning

Liquidity ratio
124.27 2023
2021
2022
2023
Q1: 111.92
Med: 226.06
Q3: 432.75
Average -14 pts over 3 years

In 2023, the liquidity ratio of INSTITUT SUPER DES COMMUN... (124.27) ranks below the median of the sector. This ratio measures the ability to cover short-term debt with current assets. An improvement would strengthen the competitive position.

Interest coverage
-11.53x 2023
2022
2023
Q1: 0.0x
Med: 0.0x
Q3: 0.36x
Watch -56 pts over 2 years

In 2023, the interest coverage of INSTITUT SUPER DES COMMUN... (-11.5x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.

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: 6 days. The company must finance 30 days of gap between collections and payments. Overall, WCR represents 9 days of revenue, i.e. 14 k€ to permanently finance. Over 2016-2023, WCR increased by +1363%, requiring additional financing.

Operating WCR (2023) ?
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

14 203 €

Customer credit (2023) ?
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 (2023) ?
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

6 j

Inventory turnover (2023) ?
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 (2023) ?
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

9 j

WCR and payment terms evolution
INSTITUT SUPER DES COMMUNICATIONS AVENIR

Positioning of INSTITUT SUPER DES COMMUNICATIONS AVENIR in its sector

Comparison with sector Autres enseignements

Valuation estimate

Based on 134 transactions of similar company sales (all years), the value of INSTITUT SUPER DES COMMUNICATIONS AVENIR is estimated at 196 926 € (range 65 702€ - 385 027€). 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 2023
134 transactions
65k€ 196k€ 385k€
196 926 € Range: 65 702€ - 385 027€
NAF 5 all-time

Valuation method used

Revenue Multiple
550 937 € × 0.36x = 196 926 €
Range: 65 702€ - 385 028€

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 (Autres enseignements)

Compare INSTITUT SUPER DES COMMUNICATIONS AVENIR with other companies in the same sector:

Voir toutes les statistiques du secteur Autres enseignements

Frequently asked questions about INSTITUT SUPER DES COMMUNICATIONS AVENIR

What is the revenue of INSTITUT SUPER DES COMMUNICATIONS AVENIR ?

The revenue of INSTITUT SUPER DES COMMUNICATIONS AVENIR in 2023 is 551 k€.

Is INSTITUT SUPER DES COMMUNICATIONS AVENIR profitable?

INSTITUT SUPER DES COMMUNICATIONS AVENIR recorded a net loss in 2023.

Where is the headquarters of INSTITUT SUPER DES COMMUNICATIONS AVENIR ?

The headquarters of INSTITUT SUPER DES COMMUNICATIONS AVENIR is located in RAMONVILLE-SAINT-AGNE (31520), in the department Haute-Garonne.

Where to find the tax return of INSTITUT SUPER DES COMMUNICATIONS AVENIR ?

The tax return of INSTITUT SUPER DES COMMUNICATIONS AVENIR 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 SUPER DES COMMUNICATIONS AVENIR operate?

INSTITUT SUPER DES COMMUNICATIONS AVENIR operates in the sector Autres enseignements (NAF code 85.59B). See the 'Sector positioning' section above to compare the company with its competitors.