SIREN : 384164919
IPAC is a French company founded 34 years ago, specialized in the sector Enseignement supérieur. Based in LE BOURGET-DU-LAC (73370), this company of category ETI shows in 2025 a revenue of 28.5 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Data updated on 2026-05-02
Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 28 535 131 € | 26 194 313 € | 23 181 325 € | 19 579 528 € | 17 460 826 € | 14 705 377 € | 12 717 314 € | 12 357 438 € | 10 168 691 € | 9 150 940 € |
| Net income | 1 346 945 € | 902 863 € | 352 912 € | 1 591 054 € | 1 041 151 € | 578 691 € | -209 443 € | 705 909 € | -174 389 € | 212 079 € |
| EBITDA | 984 619 € | 1 351 068 € | 1 354 319 € | 1 577 349 € | 2 633 504 € | 1 752 957 € | 500 826 € | 1 717 957 € | 630 117 € | 54 323 € |
| Net margin | 4.7% | 3.4% | 1.5% | 8.1% | 6.0% | 3.9% | -1.6% | 5.7% | -1.7% | 2.3% |
In 2025, IPAC achieves revenue of 28.5 M€. Over the period 2016-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +13.5%. Vs 2024: +9%. After deducting consumption (0 €), gross margin stands at 28.5 M€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 985 k€, representing 3.5% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 1.3 M€, i.e. 4.7% of revenue. This profit can be retained or distributed to shareholders.
28 535 131 €
28 535 131 €
984 619 €
2 380 021 €
1 346 945 €
3.4%
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 45%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Cash flow represents 7.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
0.0%
45.07%
7.191%
0.0
46.5%
In 2025, the debt ratio of IPAC (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.
In 2025, the financial autonomy of IPAC (45.1%) 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.
In 2025, the repayment capacity of IPAC (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.
The liquidity ratio (= Current assets / Current liabilities) stands at 146.34. 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 48.6x. Operating income very largely covers interest expenses: high safety margin.
146.344
48.635
In 2025, the liquidity ratio of IPAC (146.34) 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.
In 2025, the interest coverage of IPAC (48.6x) ranks in the top 25% of the sector. This ratio indicates how many times operating income covers interest expenses. High coverage means financial charges weigh little on profitability.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 83 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 63 days. The company must finance 20 days of gap between collections and payments. Overall, WCR represents 76 days of revenue, i.e. 6.0 M€ to permanently finance. Over 2016-2025, WCR increased by +40%, requiring additional financing.
6 036 607 €
83 j
63 j
0 j
76 j
Based on 412 transactions of similar company sales (all years), the value of IPAC is estimated at 4 987 467 € (range 2 250 377€ - 11 869 753€). With an EBITDA of 984 619€, the sector multiple of 3.0x is applied. The price/revenue ratio is 0.29x (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 412 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 IPAC with other companies in the same sector:
Voir toutes les statistiques du secteur Enseignement supérieur
The revenue of IPAC in 2025 is 28.5 M€.
Yes, IPAC generated a net profit of 1.3 M€ in 2025.
The headquarters of IPAC is located in LE BOURGET-DU-LAC (73370), in the department Savoie.
The tax return of IPAC 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).
IPAC operates in the sector Enseignement supérieur (NAF code 85.42Z). See the 'Sector positioning' section above to compare the company with its competitors.