SIREN : 411675598
TANGANYIKA EXPEDITIONS is a French company founded 29 years ago, specialized in the sector Activités des agences de voyage. Based in LA GAUDE (06610), this company of category PME shows in 2025 a revenue of 19.8 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 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 19 778 290 € | 18 394 066 € | 16 508 984 € | 3 658 614 € | 609 021 € | 2 768 006 € | 3 371 652 € | 2 487 522 € | 2 173 865 € |
| Net income | 764 436 € | 1 032 526 € | 916 173 € | 141 961 € | -175 164 € | 18 031 € | 45 384 € | 60 641 € | 4 861 € |
| EBITDA | 1 637 185 € | 1 774 579 € | 1 504 381 € | 13 430 € | -468 397 € | 20 382 € | 192 936 € | 68 096 € | 38 838 € |
| Net margin | 3.9% | 5.6% | 5.5% | 3.9% | -28.8% | 0.7% | 1.3% | 2.4% | 0.2% |
In 2025, TANGANYIKA EXPEDITIONS achieves revenue of 19.8 M€. Over the period 2017-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +31.8%. Vs 2024: +8%. After deducting consumption (14 k€), gross margin stands at 19.8 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 1.6 M€, representing 8.3% of revenue. This level of operating margin is satisfactory for the sector. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 764 k€, i.e. 3.9% of revenue. This profit can be retained or distributed to shareholders.
19 778 290 €
19 763 948 €
1 637 185 €
1 191 935 €
764 436 €
8.3%
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 27%. The balance between equity and debt is satisfactory. Cash flow represents 4.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
0.006%
26.865%
4.383%
0.0
23.9%
In 2025, the debt ratio of TANGANYIKA EXPEDITIONS (0.01) 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.
In 2025, the financial autonomy of TANGANYIKA EXPEDITIONS (26.9%) 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 2025, the repayment capacity of TANGANYIKA EXPEDITIONS (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.
The liquidity ratio (= Current assets / Current liabilities) stands at 260.63. 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 19.7x. Operating income very largely covers interest expenses: high safety margin.
260.634
19.658
In 2025, the liquidity ratio of TANGANYIKA EXPEDITIONS (260.63) ranks in the top 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio above 1 ensures comfortable coverage of short-term maturities.
In 2025, the interest coverage of TANGANYIKA EXPEDITIONS (19.7x) 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: 61 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 56 days. The company must finance 5 days of gap between collections and payments. Overall, WCR represents 67 days of revenue, i.e. 3.7 M€ to permanently finance. Over 2017-2025, WCR increased by +878%, requiring additional financing.
3 686 278 €
61 j
56 j
0 j
67 j
Based on 80 transactions of similar company sales
(all years),
the value of TANGANYIKA EXPEDITIONS is estimated at
3 804 225 €
(range 2 077 407€ - 8 167 491€).
With an EBITDA of 1 637 185€, 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 TANGANYIKA EXPEDITIONS with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des agences de voyage
The revenue of TANGANYIKA EXPEDITIONS in 2025 is 19.8 M€.
Yes, TANGANYIKA EXPEDITIONS generated a net profit of 764 k€ in 2025.
The headquarters of TANGANYIKA EXPEDITIONS is located in LA GAUDE (06610), in the department Alpes-Maritimes.
The tax return of TANGANYIKA EXPEDITIONS 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).
TANGANYIKA EXPEDITIONS 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.