SIREN : 499882488
37DEUX VOYAGES is a French company founded 18 years ago, specialized in the sector Activités des voyagistes. Based in LES SABLES D'OLONNE (85100), this company of category PME shows in 2025 a revenue of 1.3 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
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1 348 930 € | 4 503 536 € | 2 746 322 € | 3 755 161 € | 352 548 € | 3 189 789 € | 3 816 015 € | 3 224 319 € | 2 667 439 € |
| Net income | -122 891 € | 87 217 € | 5 333 € | 230 617 € | 110 803 € | 3 447 € | 45 547 € | 5 814 € | 13 347 € |
| EBITDA | -126 080 € | -50 695 € | -105 572 € | 212 744 € | 123 806 € | -9 961 € | 70 107 € | 13 991 € | 8 524 € |
| Net margin | -9.1% | 1.9% | 0.2% | 6.1% | 31.4% | 0.1% | 1.2% | 0.2% | 0.5% |
In 2025, 37DEUX VOYAGES achieves revenue of 1.3 M€. Revenue is declining over the period 2017-2025 (CAGR: -8.2%). Significant drop of -70% vs 2024. After deducting consumption (0 €), gross margin stands at 1.3 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 -126 k€, representing -9.3% of revenue. Warning negative scissor effect: despite revenue change (-70%), EBITDA varies by -149%, reducing margin by 8.2 pts. This reflects costs rising faster than revenue. Negative EBITDA means operations do not cover current expenses: concerning situation. Net income is negative at -123 k€ (-9.1% of revenue), which will impact equity.
1 348 930 €
1 348 930 €
-126 080 €
-115 041 €
-122 891 €
-9.3%
The debt ratio (= Financial debt / Equity x 100) stands at 1%. 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 5%. Low autonomy: the company heavily depends on external financing (banks, suppliers).
0.864%
4.51%
-10.106%
-0.003
In 2025, the debt ratio of 37DEUX VOYAGES (0.86) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2025, the financial autonomy of 37DEUX VOYAGES (4.5%) ranks in the bottom 25% of the sector. This ratio represents the share of equity in total financing. Low autonomy may limit investment capacity and increase vulnerability.
In 2025, the repayment capacity of 37DEUX VOYAGES (-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 105.65. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
105.65
-2.54
In 2025, the liquidity ratio of 37DEUX VOYAGES (105.65) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.
In 2025, the interest coverage of 37DEUX VOYAGES (-2.5x) ranks in the bottom 25% of the sector. This ratio indicates how many times operating income covers interest expenses. Low coverage may indicate fragility to rate or income variations.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 73 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 127 days. Excellent situation: suppliers finance 54 days of the operating cycle (retail model). Overall, WCR represents 128 days of revenue, i.e. 479 k€ to permanently finance. Over 2017-2025, WCR increased by +153%, requiring additional financing.
478 519 €
73 j
127 j
0 j
128 j
Based on 68 transactions of similar company sales
(all years),
the value of 37DEUX VOYAGES is estimated at
197 278 €
(range 107 738€ - 576 687€).
The price/revenue ratio is 0.15x
(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.
Medium reliability: estimate to be confirmed with in-depth analysis.
Only this financial indicator is available for this company.
This estimate is based on the analysis of 68 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 37DEUX VOYAGES with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des voyagistes
The revenue of 37DEUX VOYAGES in 2025 is 1.3 M€.
37DEUX VOYAGES recorded a net loss in 2025.
The headquarters of 37DEUX VOYAGES is located in LES SABLES D'OLONNE (85100), in the department Vendee.
The tax return of 37DEUX VOYAGES 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).
37DEUX VOYAGES operates in the sector Activités des voyagistes (NAF code 79.12Z). See the 'Sector positioning' section above to compare the company with its competitors.