LECHANTEUR VOYAGES SAS : revenue, balance sheet and financial ratios

LECHANTEUR VOYAGES SAS is a French company founded 33 years ago, specialized in the sector Transports routiers réguliers de voyageurs. Based in PERIERS (50190), this company of category PME shows in 2023 a revenue of 918 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

Financial history - LECHANTEUR VOYAGES SAS (SIREN 390258630)
Indicator 2023 2022 2021 2020 2019 2017 2016
Revenue 918 281 € 721 887 € 524 190 € N/C N/C N/C 1 479 673 €
Net income 146 676 € 82 432 € 112 437 € -53 240 € 112 970 € -35 759 € -7 813 €
EBITDA 131 649 € 56 863 € 99 449 € N/C N/C N/C -223 504 €
Net margin 16.0% 11.4% 21.4% N/C N/C N/C -0.5%

Revenue and income statement

In 2023, LECHANTEUR VOYAGES SAS achieves revenue of 918 k€. Revenue is declining over the period 2016-2023 (CAGR: -6.6%). Vs 2022, growth of +27% (722 k€ -> 918 k€). After deducting consumption (29 k€), gross margin stands at 890 k€, i.e. a rate of 97%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 132 k€, representing 14.3% of revenue. Positive scissor effect: EBITDA margin improves by +6.5 pts, sign of improved operational efficiency. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 147 k€, i.e. 16.0% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

918 281 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

889 766 €

EBITDA (2023) ?
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

131 649 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

147 226 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

146 676 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

14.3%

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 0%. 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 67%. This high autonomy means the company finances most of its assets through equity, a sign of strength. Cash flow represents 14.2% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.0%

Financial autonomy (2023) ?
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

66.942%

Cash flow / Revenue (2023) ?
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

14.2%

Repayment capacity (2023) ?
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

0.0

Asset age ratio (2023) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

4.0%

Solvency indicators evolution
LECHANTEUR VOYAGES SAS

Sector positioning

Debt ratio
0.0 2023
2021
2022
2023
Q1: 0.17
Med: 19.48
Q3: 72.71
Excellent

In 2023, the debt ratio of LECHANTEUR VOYAGES SAS (0.00) 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
66.94% 2023
2021
2022
2023
Q1: 17.68%
Med: 35.91%
Q3: 55.55%
Excellent +9 pts over 3 years

In 2023, the financial autonomy of LECHANTEUR VOYAGES SAS (66.9%) ranks in the top 25% of the sector. This ratio represents the share of equity in total financing. High autonomy reflects financial independence and ability to absorb shocks.

Repayment capacity
0.0 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.01 years
Q3: 1.57 years
Excellent

In 2023, the repayment capacity of LECHANTEUR VOYAGES SAS (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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 272.38. 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 0.4x. Danger: operating income does not cover interest charges, unsustainable situation.

Liquidity ratio (2023) ?
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

272.378

Interest coverage (2023) ?
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

0.418

Liquidity indicators evolution
LECHANTEUR VOYAGES SAS

Sector positioning

Liquidity ratio
272.38 2023
2021
2022
2023
Q1: 119.7
Med: 175.15
Q3: 289.47
Good +29 pts over 3 years

In 2023, the liquidity ratio of LECHANTEUR VOYAGES SAS (272.38) ranks above the median of the sector. This ratio measures the ability to cover short-term debt with current assets. This comfortable position offers an appreciable safety margin.

Interest coverage
0.42x 2023
2021
2022
2023
Q1: -0.09x
Med: 0.06x
Q3: 3.1x
Good -8 pts over 3 years

In 2023, the interest coverage of LECHANTEUR VOYAGES SAS (0.4x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 177 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 54 days. The gap of 123 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 2 days (= Average inventory / Cost of goods x 360). Fast turnover, sign of good inventory management. Overall, WCR represents 158 days of revenue, i.e. 403 k€ to permanently finance. Over 2016-2023, WCR increased by +192%, requiring additional financing.

Operating WCR (2023) ?
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

402 602 €

Customer credit (2023) ?
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

177 j

Supplier credit (2023) ?
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

54 j

Inventory turnover (2023) ?
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

2 j

WCR in days of revenue (2023) ?
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

158 j

WCR and payment terms evolution
LECHANTEUR VOYAGES SAS

Positioning of LECHANTEUR VOYAGES SAS in its sector

Comparison with sector Transports routiers réguliers de voyageurs

Valuation estimate

Based on 85 transactions of similar company sales (all years), the value of LECHANTEUR VOYAGES SAS is estimated at 205 407 € (range 76 793€ - 509 977€). With an EBITDA of 131 649€, 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.

Estimated enterprise value 2023
85 tx
76k€ 205k€ 509k€
205 407 € Range: 76 793€ - 509 977€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
131 649 € × 1.4x
Estimation 184 283 €
51 714€ - 522 963€
Revenue Multiple 30%
918 281 € × 0.14x
Estimation 129 743 €
97 630€ - 291 059€
Net Income Multiple 20%
146 676 € × 2.5x
Estimation 371 718 €
108 239€ - 805 890€

Valuation evolution

How is this estimate calculated?

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.

  • 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 (Transports routiers réguliers de voyageurs)

Compare LECHANTEUR VOYAGES SAS with other companies in the same sector:

Voir toutes les statistiques du secteur Transports routiers réguliers de voyageurs

Frequently asked questions about LECHANTEUR VOYAGES SAS

What is the revenue of LECHANTEUR VOYAGES SAS ?

The revenue of LECHANTEUR VOYAGES SAS in 2023 is 918 k€.

Is LECHANTEUR VOYAGES SAS profitable?

Yes, LECHANTEUR VOYAGES SAS generated a net profit of 147 k€ in 2023.

Where is the headquarters of LECHANTEUR VOYAGES SAS ?

The headquarters of LECHANTEUR VOYAGES SAS is located in PERIERS (50190), in the department Manche.

Where to find the tax return of LECHANTEUR VOYAGES SAS ?

The tax return of LECHANTEUR VOYAGES SAS 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 LECHANTEUR VOYAGES SAS operate?

LECHANTEUR VOYAGES SAS 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.