SIREN : 508241668
TOPFORM is a French company founded 17 years ago, specialized in the sector Activités des centres de culture physique. Based in ANNECY (74000), this company of category PME shows in 2024 a revenue of 852 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
| Indicator | 2024 | 2023 | 2015 |
|---|---|---|---|
| Revenue | 852 458 € | 740 247 € | 487 200 € |
| Net income | 148 856 € | 40 033 € | 57 729 € |
| EBITDA | 222 352 € | 138 250 € | 76 678 € |
| Net margin | 17.5% | 5.4% | 11.8% |
In 2024, TOPFORM achieves revenue of 852 k€. Over the period 2015-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +6.4%. Vs 2023, growth of +15% (740 k€ -> 852 k€). After deducting consumption (6 k€), gross margin stands at 846 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 222 k€, representing 26.1% of revenue. Positive scissor effect: EBITDA margin improves by +7.4 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 149 k€, i.e. 17.5% of revenue. This profit can be retained or distributed to shareholders.
852 458 €
846 028 €
222 352 €
143 705 €
148 856 €
25.9%
The debt ratio (= Financial debt / Equity x 100) stands at 151%. 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 31%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.6 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 25.0% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
151.203%
31.148%
25.043%
1.623
23.3%
In 2024, the debt ratio of TOPFORM (151.20) 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 TOPFORM (31.1%) 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 2024, the repayment capacity of TOPFORM (1.62) 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 93.41. 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 2.6x. Financial charges are adequately covered by operations.
93.411
2.588
In 2024, the liquidity ratio of TOPFORM (93.41) 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 2024, the interest coverage of TOPFORM (2.6x) 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: 1 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 88 days. Excellent situation: suppliers finance 87 days of the operating cycle (retail model). Inventory turnover is 1 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 5 days of revenue, i.e. 11 k€ to permanently finance. Over 2015-2024, WCR increased by +201%, requiring additional financing.
11 491 €
1 j
88 j
1 j
5 j
Based on 57 transactions of similar company sales
(all years),
the value of TOPFORM is estimated at
1 041 494 €
(range 617 246€ - 1 564 027€).
With an EBITDA of 222 352€, 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.
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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.
This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).
Compare TOPFORM with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des centres de culture physique
The revenue of TOPFORM in 2024 is 852 k€.
Yes, TOPFORM generated a net profit of 149 k€ in 2024.
The headquarters of TOPFORM is located in ANNECY (74000), in the department Haute-Savoie.
The tax return of TOPFORM 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).
TOPFORM 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.