SIREN : 793598350
LES VOYAGES DE MICHELINE is a French company founded 12 years ago, specialized in the sector Activités des agences de voyage. Based in LA CHATRE (36400), this company of category PME shows in 2025 a revenue of 3.4 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 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3 427 198 € | 2 626 445 € | 2 816 295 € | 1 705 384 € | N/C | 742 814 € | 2 200 905 € | 2 429 377 € | 1 892 095 € | 1 529 886 € |
| Net income | 27 995 € | 11 665 € | 103 368 € | -3 119 € | 287 605 € | -60 323 € | 14 070 € | 32 631 € | 73 956 € | 36 212 € |
| EBITDA | 45 091 € | 21 843 € | 117 300 € | 4 535 € | N/C | -55 245 € | 6 239 € | 31 608 € | 74 201 € | 37 621 € |
| Net margin | 0.8% | 0.4% | 3.7% | -0.2% | N/C | -8.1% | 0.6% | 1.3% | 3.9% | 2.4% |
In 2025, LES VOYAGES DE MICHELINE achieves revenue of 3.4 M€. Over the period 2016-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +9.4%. Vs 2024, growth of +30% (2.6 M€ -> 3.4 M€). After deducting consumption (-69 €), gross margin stands at 3.4 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 45 k€, representing 1.3% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 28 k€, i.e. 0.8% of revenue. This profit can be retained or distributed to shareholders.
3 427 198 €
3 427 267 €
45 091 €
34 161 €
27 995 €
1.3%
The debt ratio (= Financial debt / Equity x 100) stands at 27%. 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 4%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.5 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 1.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
26.945%
3.744%
1.119%
0.533
54.6%
In 2025, the debt ratio of LES VOYAGES DE MICHELINE (26.95) 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 2025, the financial autonomy of LES VOYAGES DE MICHELINE (3.7%) 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 LES VOYAGES DE MICHELINE (0.53) 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 102.59. Concretely, the company has €2 of liquid assets for every €1 of short-term debt: no cash risk within 12 months.
102.587
0.0
In 2025, the liquidity ratio of LES VOYAGES DE MICHELINE (102.59) 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 LES VOYAGES DE MICHELINE (0.0x) ranks below the median of the sector. This ratio indicates how many times operating income covers interest expenses. An improvement would strengthen the competitive position.
Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 3 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 19 days. Favorable situation: supplier credit is longer than customer credit by 16 days. WCR is negative (-3 days): operations structurally generate cash. Over 2016-2025, WCR increased by +77%, requiring additional financing.
-29 028 €
3 j
19 j
0 j
-3 j
Based on 80 transactions of similar company sales
(all years),
the value of LES VOYAGES DE MICHELINE is estimated at
436 206 €
(range 267 669€ - 721 800€).
With an EBITDA of 45 091€, the sector multiple of 1.6x is applied.
The price/revenue ratio is 0.38x
(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 80 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 LES VOYAGES DE MICHELINE with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des agences de voyage
The revenue of LES VOYAGES DE MICHELINE in 2025 is 3.4 M€.
Yes, LES VOYAGES DE MICHELINE generated a net profit of 28 k€ in 2025.
The headquarters of LES VOYAGES DE MICHELINE is located in LA CHATRE (36400), in the department Indre.
The tax return of LES VOYAGES DE MICHELINE 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).
LES VOYAGES DE MICHELINE operates in the sector Activités des agences de voyage (NAF code 79.11Z). See the 'Sector positioning' section above to compare the company with its competitors.