SIREN : 303732838
VOYAGES 31 is a French company founded 51 years ago, specialized in the sector Activités des agences de voyage. Based in TOULOUSE (31200), this company of category ETI shows in 2024 a revenue of 30.6 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 | 30 571 631 € | 6 672 360 € | 5 043 105 € | 2 393 959 € | 2 066 834 € | 11 033 031 € | 11 643 180 € | 11 475 517 € | 10 023 607 € |
| Net income | 300 145 € | 186 885 € | 23 965 € | 8 509 € | -9 808 € | 77 942 € | 63 150 € | 219 684 € | 171 988 € |
| EBITDA | 516 129 € | 100 623 € | 18 815 € | -5 453 € | -22 029 € | 163 583 € | 72 915 € | 249 545 € | 191 103 € |
| Net margin | 1.0% | 2.8% | 0.5% | 0.4% | -0.5% | 0.7% | 0.5% | 1.9% | 1.7% |
In 2024, VOYAGES 31 achieves revenue of 30.6 M€. Over the period 2016-2024, the company shows strong growth with a CAGR (compound annual growth rate) of +15.0%. Vs 2023, growth of +358% (6.7 M€ -> 30.6 M€). After deducting consumption (0 €), gross margin stands at 30.6 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 516 k€, representing 1.7% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 300 k€, i.e. 1.0% of revenue. This profit can be retained or distributed to shareholders.
30 571 631 €
30 571 631 €
516 129 €
485 756 €
300 145 €
1.7%
The debt ratio (= Financial debt / Equity x 100) stands at 88%. Debt level is high: negotiating margin with banks is reduced. Financial autonomy (= Equity / Total assets x 100) reaches 21%. The balance between equity and debt is satisfactory. Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 3.7 years of cash flow to repay all financial debt. This ratio remains within usual banking standards. Cash flow represents 1.1% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.
87.743%
21.115%
1.11%
3.686
11.3%
In 2024, the debt ratio of VOYAGES 31 (87.74) 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 2024, the financial autonomy of VOYAGES 31 (21.1%) 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 VOYAGES 31 (3.69) 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 140.36. 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 11.7x. Operating income very largely covers interest expenses: high safety margin.
140.359
11.688
In 2024, the liquidity ratio of VOYAGES 31 (140.36) 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 VOYAGES 31 (11.7x) 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: 31 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 20 days. The company must finance 11 days of gap between collections and payments. Overall, WCR represents 13 days of revenue, i.e. 1.1 M€ to permanently finance. Over 2016-2024, WCR increased by +74%, requiring additional financing.
1 127 787 €
31 j
20 j
0 j
13 j
Based on 80 transactions of similar company sales
(all years),
the value of VOYAGES 31 is estimated at
3 997 702 €
(range 2 431 838€ - 6 770 492€).
With an EBITDA of 516 129€, 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 VOYAGES 31 with other companies in the same sector:
Voir toutes les statistiques du secteur Activités des agences de voyage
The revenue of VOYAGES 31 in 2024 is 30.6 M€.
Yes, VOYAGES 31 generated a net profit of 300 k€ in 2024.
The headquarters of VOYAGES 31 is located in TOULOUSE (31200), in the department Haute-Garonne.
The tax return of VOYAGES 31 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).
VOYAGES 31 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.