SIREN : 421866344
VACANCES BLEUES is a French company founded 27 years ago, specialized in the sector Activités des agences de voyage. Based in MARSEILLE (13006), this company of category ETI shows in 2024 a revenue of 58.4 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 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 58 397 521 € | 52 988 231 € | 52 096 384 € | 30 028 253 € | 24 968 018 € | 48 908 887 € | 49 170 914 € | 50 599 390 € | 49 109 596 € |
| Net income | 409 628 € | 960 508 € | 1 047 531 € | 801 077 € | -1 387 002 € | 978 933 € | -792 782 € | 139 070 € | -591 175 € |
| EBITDA | 221 477 € | 734 057 € | 682 869 € | 436 063 € | -979 561 € | 725 772 € | -164 411 € | -311 367 € | -772 126 € |
| Net margin | 0.7% | 1.8% | 2.0% | 2.7% | -5.6% | 2.0% | -1.6% | 0.3% | -1.2% |
In 2024, VACANCES BLEUES achieves revenue of 58.4 M€. Revenue is growing positively over 9 years (CAGR: +2.2%). Vs 2023, growth of +10% (53.0 M€ -> 58.4 M€). After deducting consumption (6 k€), gross margin stands at 58.4 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 221 k€, representing 0.4% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 410 k€, i.e. 0.7% of revenue. This profit can be retained or distributed to shareholders.
58 397 521 €
58 391 619 €
221 477 €
376 754 €
409 628 €
0.4%
The debt ratio (= Financial debt / Equity x 100) stands at 129%. Debt level is high: negotiating margin with banks is reduced. 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 8.4 years of cash flow to repay all financial debt. Beyond 7 years, banks generally consider credit risk as high. Cash flow represents 0.7% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
129.259%
15.784%
0.687%
8.393
14.2%
In 2024, the debt ratio of VACANCES BLEUES (129.26) 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 2024, the financial autonomy of VACANCES BLEUES (15.8%) 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 2024, the repayment capacity of VACANCES BLEUES (8.39) 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 145.38. 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 7.9x. Operating income very largely covers interest expenses: high safety margin.
145.375
7.894
In 2024, the liquidity ratio of VACANCES BLEUES (145.38) 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 2024, the interest coverage of VACANCES BLEUES (7.9x) 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: 13 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 12 days. The company must finance 1 days of gap between collections and payments. Overall, WCR represents 14 days of revenue, i.e. 2.2 M€ to permanently finance.
2 223 778 €
13 j
12 j
0 j
14 j
Based on 80 transactions of similar company sales
(all years),
the value of VACANCES BLEUES is estimated at
6 970 100 €
(range 4 376 009€ - 10 949 626€).
With an EBITDA of 221 477€, 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 VACANCES BLEUES with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des agences de voyage
The revenue of VACANCES BLEUES in 2024 is 58.4 M€.
Yes, VACANCES BLEUES generated a net profit of 410 k€ in 2024.
The headquarters of VACANCES BLEUES is located in MARSEILLE (13006), in the department Bouches-du-Rhone.
The tax return of VACANCES BLEUES 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).
VACANCES BLEUES 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.