KEYCE ACADEMY - COLLEGE DE PARIS : revenue, balance sheet and financial ratios

KEYCE ACADEMY - COLLEGE DE PARIS is a French company founded 16 years ago, specialized in the sector Formation continue d'adultes. Based in PEROLS (34470), this company of category ETI shows in 2024 a revenue of 19.7 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 - KEYCE ACADEMY - COLLEGE DE PARIS (SIREN 518729132)
Indicator 2024 2023 2022 2019 2018
Revenue 19 680 331 € 15 219 036 € 9 785 335 € N/C 1 271 783 €
Net income 1 900 582 € 3 176 138 € 1 903 790 € -244 827 € -163 862 €
EBITDA 2 970 017 € 4 061 639 € 2 476 172 € N/C -32 140 €
Net margin 9.7% 20.9% 19.5% N/C -12.9%

Revenue and income statement

In 2024, KEYCE ACADEMY - COLLEGE DE PARIS achieves revenue of 19.7 M€. Over the period 2018-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +57.9%. Vs 2023, growth of +29% (15.2 M€ -> 19.7 M€). After deducting consumption (0 €), gross margin stands at 19.7 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 3.0 M€, representing 15.1% of revenue. Warning negative scissor effect: despite revenue change (+29%), EBITDA varies by -27%, reducing margin by 11.6 pts. This reflects costs rising faster than 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 1.9 M€, i.e. 9.7% of revenue. This profit can be retained or distributed to shareholders.

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

19 680 331 €

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

19 680 331 €

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

2 970 017 €

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

3 196 021 €

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

1 900 582 €

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

14.9%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 49%. Debt remains under control: the company retains capacity to raise new debt if needed. Financial autonomy (= Equity / Total assets x 100) reaches 34%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.4 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 8.3% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.

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

48.784%

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

33.716%

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

8.301%

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

1.351

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

86.2%

Solvency indicators evolution
KEYCE ACADEMY - COLLEGE DE PARIS

Sector positioning

Debt ratio
48.78 2024
2022
2023
2024
Q1: 0.0
Med: 3.22
Q3: 34.93
Average +20 pts over 3 years

In 2024, the debt ratio of KEYCE ACADEMY - COLLEGE D... (48.78) 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
33.72% 2024
2022
2023
2024
Q1: 1.03%
Med: 30.48%
Q3: 60.98%
Good

In 2024, the financial autonomy of KEYCE ACADEMY - COLLEGE D... (33.7%) 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
1.35 years 2024
2022
2023
2024
Q1: 0.0 years
Med: 0.0 years
Q3: 0.51 years
Average +18 pts over 3 years

In 2024, the repayment capacity of KEYCE ACADEMY - COLLEGE D... (1.35) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 156.13. 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 0.9x. Danger: operating income does not cover interest charges, unsustainable situation.

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

156.134

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

0.922

Liquidity indicators evolution
KEYCE ACADEMY - COLLEGE DE PARIS

Sector positioning

Liquidity ratio
156.13 2024
2022
2023
2024
Q1: 126.79
Med: 230.24
Q3: 439.51
Average -6 pts over 3 years

In 2024, the liquidity ratio of KEYCE ACADEMY - COLLEGE D... (156.13) 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
0.92x 2024
2022
2023
2024
Q1: 0.0x
Med: 0.0x
Q3: 0.65x
Excellent +50 pts over 3 years

In 2024, the interest coverage of KEYCE ACADEMY - COLLEGE D... (0.9x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 68 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 133 days. Excellent situation: suppliers finance 65 days of the operating cycle (retail model). Overall, WCR represents 110 days of revenue, i.e. 6.0 M€ to permanently finance. Over 2018-2024, WCR increased by +6379%, requiring additional financing.

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

6 024 937 €

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

68 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

133 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

0 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

110 j

WCR and payment terms evolution
KEYCE ACADEMY - COLLEGE DE PARIS

Positioning of KEYCE ACADEMY - COLLEGE DE PARIS 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 KEYCE ACADEMY - COLLEGE DE PARIS is estimated at 6 446 488 € (range 2 287 325€ - 18 537 676€). With an EBITDA of 2 970 017€, 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 2024
134 transactions
2287k€ 6446k€ 18537k€
6 446 488 € Range: 2 287 325€ - 18 537 676€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
2 970 017 € × 2.2x
Estimation 6 439 497 €
2 333 463€ - 16 748 221€
Revenue Multiple 30%
19 680 331 € × 0.36x
Estimation 7 034 515 €
2 346 980€ - 13 753 797€
Net Income Multiple 20%
1 900 582 € × 2.9x
Estimation 5 581 929 €
2 082 500€ - 30 187 135€

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 KEYCE ACADEMY - COLLEGE DE PARIS with other companies in the same sector:

Voir toutes les statistiques du secteur Formation continue d'adultes

Frequently asked questions about KEYCE ACADEMY - COLLEGE DE PARIS

What is the revenue of KEYCE ACADEMY - COLLEGE DE PARIS ?

The revenue of KEYCE ACADEMY - COLLEGE DE PARIS in 2024 is 19.7 M€.

Is KEYCE ACADEMY - COLLEGE DE PARIS profitable?

Yes, KEYCE ACADEMY - COLLEGE DE PARIS generated a net profit of 1.9 M€ in 2024.

Where is the headquarters of KEYCE ACADEMY - COLLEGE DE PARIS ?

The headquarters of KEYCE ACADEMY - COLLEGE DE PARIS is located in PEROLS (34470), in the department Herault.

Where to find the tax return of KEYCE ACADEMY - COLLEGE DE PARIS ?

The tax return of KEYCE ACADEMY - COLLEGE DE PARIS 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 KEYCE ACADEMY - COLLEGE DE PARIS operate?

KEYCE ACADEMY - COLLEGE DE PARIS 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.