SIREN : 400539136
BORGO VOYAGES is a French company founded 31 years ago, specialized in the sector Transports routiers réguliers de voyageurs. Based in BORGO (20290), this company of category PME shows in 2021 a revenue of 821 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 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|
| Revenue | 820 936 € | N/C | N/C | N/C | 1 503 957 € | 1 728 031 € | 1 674 273 € |
| Net income | 20 588 € | 12 226 € | 18 591 € | 27 374 € | 29 249 € | 62 019 € | -11 341 € |
| EBITDA | 53 219 € | N/C | N/C | N/C | 72 161 € | 314 592 € | 114 533 € |
| Net margin | 2.5% | N/C | N/C | N/C | 1.9% | 3.6% | -0.7% |
In 2021, BORGO VOYAGES achieves revenue of 821 k€. Revenue is declining over the period 2015-2021 (CAGR: -11.2%). After deducting consumption (35 k€), gross margin stands at 786 k€, i.e. a rate of 96%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 53 k€, representing 6.5% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 21 k€, i.e. 2.5% of revenue. This profit can be retained or distributed to shareholders.
820 936 €
785 616 €
53 219 €
-9 644 €
20 588 €
6.0%
The debt ratio (= Financial debt / Equity x 100) stands at 2%. 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 47%. 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 0.3 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 5.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
2.297%
47.019%
5.948%
0.268
15.1%
In 2021, the debt ratio of BORGO VOYAGES (2.30) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.
In 2021, the financial autonomy of BORGO VOYAGES (47.0%) 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 2021, the repayment capacity of BORGO VOYAGES (0.27) 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 166.96. 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.
166.958
0.898
In 2021, the liquidity ratio of BORGO VOYAGES (166.96) 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 2021, the interest coverage of BORGO VOYAGES (0.9x) 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: 228 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 110 days. The gap of 118 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Inventory turnover is 39 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 258 days of revenue, i.e. 589 k€ to permanently finance. Over 2015-2021, WCR increased by +44%, requiring additional financing.
589 210 €
228 j
110 j
39 j
258 j
Based on 85 transactions of similar company sales
(all years),
the value of BORGO VOYAGES is estimated at
82 479 €
(range 39 675€ - 206 388€).
With an EBITDA of 53 219€, the sector multiple of 1.4x is applied.
The price/revenue ratio is 0.14x
(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.
Ajustez les pondérations selon votre analyse
This estimate is based on the analysis of 85 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 BORGO VOYAGES with other companies in the same sector:
Voir toutes les statistiques du secteur Transports routiers réguliers de voyageurs
The revenue of BORGO VOYAGES in 2021 is 821 k€.
Yes, BORGO VOYAGES generated a net profit of 21 k€ in 2021.
The headquarters of BORGO VOYAGES is located in BORGO (20290).
The tax return of BORGO 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).
BORGO VOYAGES operates in the sector Transports routiers réguliers de voyageurs (NAF code 49.39A). See the 'Sector positioning' section above to compare the company with its competitors.