SIREN : 321717514
EUROP VOYAGES is a French company founded 45 years ago, specialized in the sector Activités des sociétés holding. Based in PANAZOL (87350), this company of category ETI shows in 2023 a revenue of 4.3 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 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4 263 234 € | 4 748 666 € | 12 935 660 € | 12 778 452 € | 12 014 952 € | 11 672 527 € | 10 965 610 € | 9 894 177 € |
| Net income | 234 486 € | -358 843 € | -334 667 € | 33 190 € | -158 686 € | 37 839 € | 216 275 € | 159 576 € |
| EBITDA | 1 658 755 € | 906 564 € | 558 323 € | 254 481 € | -64 609 € | 57 854 € | 336 364 € | 438 362 € |
| Net margin | 5.5% | -7.6% | -2.6% | 0.3% | -1.3% | 0.3% | 2.0% | 1.6% |
In 2023, EUROP VOYAGES achieves revenue of 4.3 M€. Revenue is declining over the period 2016-2023 (CAGR: -11.3%). Significant drop of -10% vs 2022. After deducting consumption (21 k€), gross margin stands at 4.2 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 1.7 M€, representing 38.9% of revenue. Positive scissor effect: EBITDA margin improves by +19.8 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 234 k€, i.e. 5.5% of revenue. This profit can be retained or distributed to shareholders.
4 263 234 €
4 242 257 €
1 658 755 €
313 501 €
234 486 €
38.9%
The debt ratio (= Financial debt / Equity x 100) stands at 481%. 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 13%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.8 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 45.6% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.
481.352%
12.734%
45.57%
1.841
39.3%
In 2023, the debt ratio of EUROP VOYAGES (481.35) 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 2023, the financial autonomy of EUROP VOYAGES (12.7%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.
In 2023, the repayment capacity of EUROP VOYAGES (1.84) 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 33.63. 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 7.1x. Operating income very largely covers interest expenses: high safety margin.
33.629
7.097
In 2023, the liquidity ratio of EUROP VOYAGES (33.63) 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 2023, the interest coverage of EUROP VOYAGES (7.1x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 10 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 36 days. Favorable situation: supplier credit is longer than customer credit by 26 days. WCR is negative (-59 days): operations structurally generate cash. Notable WCR improvement over the period (-138%), freeing up cash.
-703 306 €
10 j
36 j
0 j
-59 j
Based on 63 transactions of similar company sales
in 2023,
the value of EUROP VOYAGES is estimated at
4 534 606 €
(range 1 693 179€ - 8 010 974€).
With an EBITDA of 1 658 755€, the sector multiple of 4.6x is applied.
The price/revenue ratio is 0.24x
(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 63 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 EUROP VOYAGES with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des sociétés holding
The revenue of EUROP VOYAGES in 2023 is 4.3 M€.
Yes, EUROP VOYAGES generated a net profit of 234 k€ in 2023.
The headquarters of EUROP VOYAGES is located in PANAZOL (87350), in the department Haute-Vienne.
The tax return of EUROP 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).
EUROP VOYAGES operates in the sector Activités des sociétés holding (NAF code 64.20Z). See the 'Sector positioning' section above to compare the company with its competitors.