SIREN : 419062732
ISEC FORMATION is a French company founded 28 years ago, specialized in the sector Formation continue d'adultes. Based in SAINT-PIERRE (97410), this company of category PME shows in 2024 a revenue of 1.0 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 | 2024 | 2022 | 2021 |
|---|---|---|---|
| Revenue | 1 030 996 € | 917 185 € | 423 703 € |
| Net income | 304 535 € | 224 330 € | 50 019 € |
| EBITDA | 449 654 € | 304 468 € | 82 423 € |
| Net margin | 29.5% | 24.5% | 11.8% |
In 2024, ISEC FORMATION achieves revenue of 1.0 M€. Over the period 2021-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +34.5%. Vs 2022, growth of +12% (917 k€ -> 1.0 M€). After deducting consumption (0 €), gross margin stands at 1.0 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 450 k€, representing 43.6% of revenue. Positive scissor effect: EBITDA margin improves by +10.4 pts, sign of improved operational efficiency. This high EBITDA margin provides strong self-financing capacity and resilience to uncertainties. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 305 k€, i.e. 29.5% of revenue. This profit can be retained or distributed to shareholders.
1 030 996 €
1 030 996 €
449 654 €
374 235 €
304 535 €
43.5%
The debt ratio (= Financial debt / Equity x 100) stands at 4%. 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 85%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.1 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 36.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
3.601%
85.405%
36.77%
0.124
16.6%
In 2024, the debt ratio of ISEC FORMATION (3.60) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.
In 2024, the financial autonomy of ISEC FORMATION (85.4%) 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.
In 2024, the repayment capacity of ISEC FORMATION (0.12) ranks above the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A reduction effort could improve financial strength.
The liquidity ratio (= Current assets / Current liabilities) stands at 844.42. 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 0.1x. Danger: operating income does not cover interest charges, unsustainable situation.
844.424
0.129
In 2024, the liquidity ratio of ISEC FORMATION (844.42) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.
In 2024, the interest coverage of ISEC FORMATION (0.1x) ranks above the median of the sector. This ratio indicates how many times operating income covers interest expenses. This comfortable position offers an appreciable safety margin.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 122 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 65 days. The gap of 57 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 183 days of revenue, i.e. 524 k€ to permanently finance. Over 2021-2024, WCR increased by +52%, requiring additional financing.
523 694 €
122 j
65 j
0 j
183 j
Based on 134 transactions of similar company sales (all years), the value of ISEC FORMATION is estimated at 776 899 € (range 280 262€ - 2 451 370€). With an EBITDA of 449 654€, 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.
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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.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare ISEC FORMATION with other companies in the same sector:
Voir toutes les statistiques du secteur Formation continue d'adultes
The revenue of ISEC FORMATION in 2024 is 1.0 M€.
Yes, ISEC FORMATION generated a net profit of 305 k€ in 2024.
The headquarters of ISEC FORMATION is located in SAINT-PIERRE (97410), in the department La Reunion.
The tax return of ISEC FORMATION 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).
ISEC FORMATION 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.