Employees: 12 (2023.0)Legal category: SCA (commandite par actions)Size: ETICreation date: 2005-11-18 (20 years)Status: ActiveBusiness sector: Activités des centres de culture physiqueLocation: TOULOUSE (31200), Haute-Garonne
SPORTING FORM : revenue, balance sheet and financial ratios
SPORTING FORM is a French company
founded 20 years ago,
specialized in the sector Activités des centres de culture physique.
Based in TOULOUSE (31200),
this company of category ETI
shows in 2024 a revenue of 1.8 M€.
Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.
Financial history - SPORTING FORM (SIREN 485156079)
Indicator
2024
2023
2022
2021
2020
2019
2018
2017
2016
Revenue
1 800 335 €
1 544 617 €
1 193 593 €
437 865 €
618 088 €
935 307 €
829 575 €
N/C
N/C
Net income
65 726 €
36 539 €
-239 202 €
-150 845 €
44 673 €
32 461 €
-51 324 €
28 078 €
31 922 €
EBITDA
195 403 €
146 510 €
-157 795 €
-113 951 €
86 597 €
63 453 €
-2 839 €
N/C
N/C
Net margin
3.7%
2.4%
-20.0%
-34.5%
7.2%
3.5%
-6.2%
N/C
N/C
Revenue and income statement
In 2024, SPORTING FORM achieves revenue of 1.8 M€. Over the period 2018-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +13.8%. Vs 2023, growth of +17% (1.5 M€ -> 1.8 M€). After deducting consumption (2 k€), gross margin stands at 1.8 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 195 k€, representing 10.9% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 66 k€, i.e. 3.7% 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
1 800 335 €
Gross margin (2024)
?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed
1 797 976 €
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
195 403 €
EBIT (2024)
?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals
96 588 €
Net income (2024)
?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax
65 726 €
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
10.6%
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Income statement
Item
Amount
% Revenue
Change
The detailed income statement is not available for this company (simplified accounts or confidential data).
Chart evolution
Show :
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Assets
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Item
Gross
Deprec.
Net
%
Change
Assets balance sheet data not available for this company
Liabilities
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Item
Year
%
Change
Liabilities balance sheet data not available for this company
Solvency and debt ratios
The debt ratio (= Financial debt / Equity x 100) stands at -252%. 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 -28%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 3.8 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 8.1% 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
-252.032%
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
-28.09%
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
8.104%
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
3.776
Asset age ratio (2024)
?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Debt ratio
1339.32
233.788
-475.592
134.056
184.393
-581.197
-190.562
-212.859
-252.032
Financial autonomy
2.693
11.682
-4.356
5.411
14.455
-11.843
-52.227
-38.896
-28.09
Repayment capacity
None
None
-4.061
0.369
1.786
-3.746
-3.359
5.114
3.776
Cash flow / Revenue
None%
None%
-1.869%
7.395%
9.847%
-23.766%
-15.485%
7.676%
8.104%
Sector positioning
Debt ratio
-252.032024
2022
2023
2024
Q1: -68.97
Med: 17.15
Q3: 112.75
Excellent
In 2024, the debt ratio of SPORTING FORM (-252.03) 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
-28.09%2024
2022
2023
2024
Q1: -2.83%
Med: 24.29%
Q3: 51.51%
Average
In 2024, the financial autonomy of SPORTING FORM (-28.1%) 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
3.78 years2024
2022
2023
2024
Q1: -0.97 years
Med: 0.4 years
Q3: 2.28 years
Watch+50 pts over 3 years
In 2024, the repayment capacity of SPORTING FORM (3.78) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.
Liquidity ratios
The liquidity ratio (= Current assets / Current liabilities) stands at 61.90. 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 9.8x. Operating income very largely covers interest expenses: high safety margin.
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
61.896
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
9.835
Liquidity indicators evolution SPORTING FORM
Visualisation créée via abddaf.fr Sources : INPI & BCE - Retraitements : Ministère de l'économie
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Liquidity ratio
53.117
60.959
43.255
56.189
98.625
62.019
33.013
53.905
61.896
Interest coverage
None
None
-66.185
2.466
1.201
-2.811
-8.112
12.12
9.835
Sector positioning
Liquidity ratio
61.92024
2022
2023
2024
Q1: 44.63
Med: 100.18
Q3: 225.89
Average+12 pts over 3 years
In 2024, the liquidity ratio of SPORTING FORM (61.90) 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
9.84x2024
2022
2023
2024
Q1: 0.0x
Med: 0.79x
Q3: 4.9x
Excellent+52 pts over 3 years
In 2024, the interest coverage of SPORTING FORM (9.8x) 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: 21 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 101 days. Excellent situation: suppliers finance 80 days of the operating cycle (retail model). Inventory turnover is 3 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 22 days of revenue, i.e. 109 k€ to permanently finance.
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
109 460 €
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
21 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
101 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
22 j
WCR and payment terms evolution SPORTING FORM
Visualization created via numbers.finance Sources : INPI & BCE - Adjustments : Ministry of Economy
Indicator
2016
2017
2018
2019
2020
2021
2022
2023
2024
Operating WCR
0 €
0 €
29 118 €
56 455 €
78 472 €
79 599 €
-13 714 €
95 921 €
109 460 €
Inventory turnover (days)
0
0
0
4
6
7
4
3
3
Customer payment term (days)
0
0
7
1
4
25
4
24
21
Supplier payment term (days)
0
0
137
153
174
218
102
118
101
Positioning of SPORTING FORM in its sector
Comparison with sector Activités des centres de culture physique
Valuation estimate
Based on 57 transactions of similar company sales
(all years),
the value of SPORTING FORM is estimated at
1 062 891 €
(range 655 991€ - 1 557 546€).
With an EBITDA of 195 403€, the sector multiple of 6.1x is applied.
The price/revenue ratio is 0.72x
(in line with sector norms).
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. Medium reliability: estimate to be confirmed with in-depth analysis.
Estimated enterprise value2024
57 tx
655k€1062k€1557k€
1 062 891 €Range: 655 991€ - 1 557 546€
NAF 5 all-time
Valuation detail by method
Ajustez les pondérations selon votre analyse
EBITDA Multiple50%
195 403 €×6.1x
Estimation1 190 384 €
716 566€ - 1 538 509€
Revenue Multiple30%
1 800 335 €×0.72x
Estimation1 293 344 €
864 734€ - 2 040 681€
Net Income Multiple20%
65 726 €×6.1x
Estimation398 484 €
191 442€ - 880 439€
How is this estimate calculated?
This estimate is based on the analysis of 57 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 (Activités des centres de culture physique)
Compare SPORTING FORM with other companies in the same sector:
Yes, SPORTING FORM generated a net profit of 66 k€ in 2024.
Where is the headquarters of SPORTING FORM ?
The headquarters of SPORTING FORM is located in TOULOUSE (31200), in the department Haute-Garonne.
Where to find the tax return of SPORTING FORM ?
The tax return of SPORTING FORM 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 SPORTING FORM operate?
SPORTING FORM operates in the sector Activités des centres de culture physique (NAF code 93.13Z). See the 'Sector positioning' section above to compare the company with its competitors.
Item evolution
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