SIREN : 489350017
LES VOYAGES DE THYBUS is a French company founded 20 years ago, specialized in the sector Activités des agences de voyage. Based in PARIS (75012), this company of category PME shows in 2019 a revenue of 439 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 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|
| Revenue | 438 835 € | 1 272 193 € | 1 501 508 € | 844 649 € |
| Net income | 5 231 € | -10 375 € | 3 575 € | 539 € |
| EBITDA | 30 831 € | 5 447 € | 43 260 € | 22 741 € |
| Net margin | 1.2% | -0.8% | 0.2% | 0.1% |
In 2019, LES VOYAGES DE THYBUS achieves revenue of 439 k€. Revenue is declining over the period 2016-2019 (CAGR: -19.6%). Significant drop of -66% vs 2018. After deducting consumption (148 €), gross margin stands at 439 k€, i.e. a rate of 100%. This ratio measures the ability to generate value from commercial activity. EBITDA (= Gross margin - Personnel expenses - Taxes) reaches 31 k€, representing 7.0% of revenue. Positive scissor effect: EBITDA margin improves by +6.6 pts, sign of improved operational efficiency. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 5 k€, i.e. 1.2% of revenue. This profit can be retained or distributed to shareholders.
438 835 €
438 687 €
30 831 €
20 355 €
5 231 €
7.0%
The debt ratio (= Financial debt / Equity x 100) stands at 174%. 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 16%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 8.5 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 2.9% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
173.562%
16.252%
2.934%
8.545
22.5%
In 2019, the debt ratio of LES VOYAGES DE THYBUS (173.56) ranks in the top 25% of the sector. This ratio measures the weight of debt relative to equity. A high ratio may indicate excessive dependence on external financing.
In 2019, the financial autonomy of LES VOYAGES DE THYBUS (16.2%) 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 2019, the repayment capacity of LES VOYAGES DE THYBUS (8.54) ranks in the top 25% of the sector. This ratio indicates the number of years needed to repay debt with cash flow. A long duration may signal heavy debt relative to repayment capacity.
The liquidity ratio (= Current assets / Current liabilities) stands at 148.28. 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 2.3x. Financial charges are adequately covered by operations.
148.281
2.283
In 2019, the liquidity ratio of LES VOYAGES DE THYBUS (148.28) 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.
In 2019, the interest coverage of LES VOYAGES DE THYBUS (2.3x) 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: 217 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 129 days. The gap of 88 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. Overall, WCR represents 199 days of revenue, i.e. 243 k€ to permanently finance.
243 049 €
217 j
129 j
0 j
199 j
Based on 80 transactions of similar company sales
(all years),
the value of LES VOYAGES DE THYBUS is estimated at
76 645 €
(range 42 523€ - 152 245€).
With an EBITDA of 30 831€, 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 THYBUS with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des agences de voyage
The revenue of LES VOYAGES DE THYBUS in 2019 is 439 k€.
Yes, LES VOYAGES DE THYBUS generated a net profit of 5 k€ in 2019.
The headquarters of LES VOYAGES DE THYBUS is located in PARIS (75012), in the department Paris.
The tax return of LES VOYAGES DE THYBUS 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 THYBUS 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.