SIREN : 417509775
VOYAGE REDUC is a French company founded 28 years ago, specialized in the sector Activités des agences de voyage. Based in PARIS (75012), this company of category ETI shows in 2022 a revenue of 210.1 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 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 210 115 611 € | 99 323 455 € | 55 972 550 € | 110 279 370 € | 91 409 155 € | 66 562 277 € | 54 594 049 € | 44 685 921 € |
| Net income | 10 275 860 € | 5 759 139 € | 1 773 579 € | 1 694 652 € | 1 421 761 € | 1 261 145 € | 366 901 € | 2 992 € |
| EBITDA | 13 449 567 € | 7 881 660 € | 2 748 388 € | 2 865 797 € | 2 587 496 € | 2 330 441 € | 706 850 € | 171 756 € |
| Net margin | 4.9% | 5.8% | 3.2% | 1.5% | 1.6% | 1.9% | 0.7% | 0.0% |
In 2022, VOYAGE REDUC achieves revenue of 210.1 M€. Over the period 2015-2022, the company shows strong growth with a CAGR (compound annual growth rate) of +24.8%. Vs 2021, growth of +112% (99.3 M€ -> 210.1 M€). After deducting consumption (0 €), gross margin stands at 210.1 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 13.4 M€, representing 6.4% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 10.3 M€, i.e. 4.9% of revenue. This profit can be retained or distributed to shareholders.
210 115 611 €
210 115 611 €
13 449 567 €
12 860 545 €
10 275 860 €
6.4%
The debt ratio (= Financial debt / Equity x 100) stands at 24%. 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 32%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.4 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 5.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. Satisfactory level allowing partial financing of growth.
24.045%
31.684%
5.101%
0.392
36.7%
In 2022, the debt ratio of VOYAGE REDUC (24.05) 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 2022, the financial autonomy of VOYAGE REDUC (31.7%) ranks above the median of the sector. This ratio represents the share of equity in total financing. This comfortable position offers an appreciable safety margin.
In 2022, the repayment capacity of VOYAGE REDUC (0.39) 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 151.79. 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 0.6x. Danger: operating income does not cover interest charges, unsustainable situation.
151.795
0.627
In 2022, the liquidity ratio of VOYAGE REDUC (151.79) 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 2022, the interest coverage of VOYAGE REDUC (0.6x) 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) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 8 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 30 days. Favorable situation: supplier credit is longer than customer credit by 22 days. WCR is negative (-7 days): operations structurally generate cash. Notable WCR improvement over the period (-208%), freeing up cash.
-4 032 119 €
8 j
30 j
0 j
-7 j
Based on 80 transactions of similar company sales
(all years),
the value of VOYAGE REDUC is estimated at
37 822 404 €
(range 21 144 857€ - 80 719 929€).
With an EBITDA of 13 449 567€, 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 VOYAGE REDUC with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des agences de voyage
The revenue of VOYAGE REDUC in 2022 is 210.1 M€.
Yes, VOYAGE REDUC generated a net profit of 10.3 M€ in 2022.
The headquarters of VOYAGE REDUC is located in PARIS (75012), in the department Paris.
The tax return of VOYAGE REDUC 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).
VOYAGE REDUC 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.