VOYAGES GIRARDOT ORGANISATION : revenue, balance sheet and financial ratios

VOYAGES GIRARDOT ORGANISATION is a French company founded 21 years ago, specialized in the sector Activités des voyagistes. Based in CHALON-SUR-SAONE (71100), this company of category PME shows in 2023 a revenue of 13.3 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

Financial history - VOYAGES GIRARDOT ORGANISATION (SIREN 480043181)
Indicator 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue 13 259 241 € 10 664 520 € 2 985 828 € 3 558 324 € 13 170 222 € 13 747 423 € 12 745 263 € 11 309 416 € 11 344 090 €
Net income 127 081 € 277 319 € 719 745 € 13 280 € 262 219 € 187 812 € 200 789 € 154 474 € 63 450 €
EBITDA 103 410 € 43 199 € 609 735 € -357 578 € 108 907 € -29 181 € 60 142 € 15 631 € -87 997 €
Net margin 1.0% 2.6% 24.1% 0.4% 2.0% 1.4% 1.6% 1.4% 0.6%

Revenue and income statement

In 2023, VOYAGES GIRARDOT ORGANISATION achieves revenue of 13.3 M€. Revenue is growing positively over 9 years (CAGR: +2.0%). Vs 2022, growth of +24% (10.7 M€ -> 13.3 M€). After deducting consumption (0 €), gross margin stands at 13.3 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 103 k€, representing 0.8% of revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 127 k€, i.e. 1.0% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2023) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

13 259 241 €

Gross margin (2023) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

13 259 241 €

EBITDA (2023) ?
Gross Operating Surplus (EBITDA)
Definition
Resources generated by current operations, before depreciation and financial expenses.
Formula
Value added - Personnel expenses - Taxes
Interpretation
Positive = profitable activity

103 410 €

EBIT (2023) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

127 498 €

Net income (2023) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

127 081 €

EBITDA margin (2023) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

0.8%

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Chart evolution

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Assets

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Liabilities

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Solvency and debt ratios

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 17%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 0.0 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 0.8% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment.

Debt ratio (2023) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

0.106%

Financial autonomy (2023) ?
Financial autonomy
Definition
Share of equity in the company's total financing.
Formula
(Equity / Total assets) x 100
Interpretation
> 30% : Good autonomy
20-30% : Average
< 20% : Low

17.17%

Cash flow / Revenue (2023) ?
Cash flow / Revenue
Definition
Self-financing capacity relative to revenue.
Formula
(CAF / CA) x 100
Interpretation
The higher the ratio, the more cash the company generates

0.777%

Repayment capacity (2023) ?
Repayment capacity
Definition
Number of years needed to repay debts with cash flow.
Formula
Financial debt / Cash flow
Interpretation
< 3 years : Excellent
3-5 years : Fair
> 5 years : Warning

0.014

Asset age ratio (2023) ?
Asset age ratio
Definition
Measures the degree of wear of tangible assets.
Formula
Accumulated depreciation / Gross fixed assets x 100
Interpretation
< 50% : Recent assets
50-70% : Normal wear
> 70% : Aging assets

28.8%

Solvency indicators evolution
VOYAGES GIRARDOT ORGANISATION

Sector positioning

Debt ratio
0.11 2023
2021
2022
2023
Q1: 0.05
Med: 16.69
Q3: 63.56
Good

In 2023, the debt ratio of VOYAGES GIRARDOT ORGANISA... (0.11) ranks below the median of the sector. This ratio measures the weight of debt relative to equity. This controlled position reflects prudent management.

Financial autonomy
17.17% 2023
2021
2022
2023
Q1: 9.56%
Med: 24.06%
Q3: 42.28%
Average -22 pts over 3 years

In 2023, the financial autonomy of VOYAGES GIRARDOT ORGANISA... (17.2%) ranks below the median of the sector. This ratio represents the share of equity in total financing. An improvement would strengthen the competitive position.

Repayment capacity
0.01 years 2023
2021
2022
2023
Q1: 0.0 years
Med: 0.34 years
Q3: 1.77 years
Good

In 2023, the repayment capacity of VOYAGES GIRARDOT ORGANISA... (0.01) ranks below the median of the sector. This ratio indicates the number of years needed to repay debt with cash flow. This controlled position reflects prudent management.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 264.56. 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 3.2x. Financial charges are adequately covered by operations.

Liquidity ratio (2023) ?
Liquidity ratio
Definition
Ability to meet short-term debts with current assets.
Formula
Current assets / Current liabilities
Interpretation
> 1.5 : Very good
1-1.5 : Fair
< 1 : Liquidity risk

264.562

Interest coverage (2023) ?
Interest coverage
Definition
Ability to cover interest charges with operating income.
Formula
EBIT / Interest expenses
Interpretation
> 3 : Comfortable
1.5-3 : Acceptable
< 1.5 : Risk

3.192

Liquidity indicators evolution
VOYAGES GIRARDOT ORGANISATION

Sector positioning

Liquidity ratio
264.56 2023
2021
2022
2023
Q1: 118.12
Med: 187.34
Q3: 353.32
Good

In 2023, the liquidity ratio of VOYAGES GIRARDOT ORGANISA... (264.56) 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.

Interest coverage
3.19x 2023
2021
2022
2023
Q1: 0.0x
Med: 0.83x
Q3: 4.88x
Good +40 pts over 3 years

In 2023, the interest coverage of VOYAGES GIRARDOT ORGANISA... (3.2x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 88 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 13 days. The gap of 75 days means the company finances its customers for over a month before being paid relative to supplier payments. This weighs on cash flow. WCR is negative (-9 days): operations structurally generate cash. Notable WCR improvement over the period (-176%), freeing up cash.

Operating WCR (2023) ?
Operating WCR
Definition
Financing requirement generated by the operating cycle (inventory + receivables - trade payables).
Formula
Inventory + Customer receivables - Trade payables
Interpretation
Negative = cash released
Positive = financing needed

-335 591 €

Customer credit (2023) ?
Customer credit (days)
Definition
Average payment term granted to customers.
Formula
(Customer receivables / Revenue incl. VAT) x 360
Interpretation
< 45j : Good
45-60j : Average
> 60j : Long

88 j

Supplier credit (2023) ?
Supplier credit (days)
Definition
Average payment term obtained from suppliers.
Formula
(Trade payables / Purchases incl. VAT) x 360
Interpretation
The longer the term, the better for cash flow

13 j

Inventory turnover (2023) ?
Inventory turnover (days)
Definition
Average storage duration for goods or materials.
Formula
(Inventory / Cost of goods) x 360
Interpretation
The lower the ratio, the faster the turnover

0 j

WCR in days of revenue (2023) ?
WCR in days of revenue
Definition
Expresses working capital requirement in days of revenue.
Formula
(Operating WCR / Revenue) x 360
Interpretation
The fewer days, the better the working capital management

-9 j

WCR and payment terms evolution
VOYAGES GIRARDOT ORGANISATION

Positioning of VOYAGES GIRARDOT ORGANISATION in its sector

Comparison with sector Activités des voyagistes

Valuation estimate

Based on 68 transactions of similar company sales (all years), the value of VOYAGES GIRARDOT ORGANISATION is estimated at 781 906 € (range 369 753€ - 2 203 814€). With an EBITDA of 103 410€, the sector multiple of 3.6x is applied. The price/revenue ratio is 0.15x (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.

Estimated enterprise value 2023
68 tx
369k€ 781k€ 2203k€
781 906 € Range: 369 753€ - 2 203 814€
NAF 5 all-time

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
103 410 € × 3.6x
Estimation 374 334 €
90 738€ - 908 860€
Revenue Multiple 30%
13 259 241 € × 0.15x
Estimation 1 939 137 €
1 059 011€ - 5 668 520€
Net Income Multiple 20%
127 081 € × 0.5x
Estimation 64 992 €
33 408€ - 244 139€
How is this estimate calculated?

This estimate is based on the analysis of 68 actual transactions of similar company sales (same NAF code) registered with BODACC between 2016 and 2025.

  • EBITDA Multiple: Preferred method for profitable SMEs. EBITDA reflects the ability to generate cash.
  • Revenue Multiple: Used for growing companies or those with low profitability. Reflects commercial potential.
  • Net Income Multiple: Relevant for mature companies with stable results.

This estimate is provided for information purposes only. A precise valuation requires in-depth analysis (assets, liabilities, prospects, market...).

Similar companies (Activités des voyagistes)

Compare VOYAGES GIRARDOT ORGANISATION with other companies in the same sector:

Voir toutes les statistiques du secteur Activités des voyagistes

Frequently asked questions about VOYAGES GIRARDOT ORGANISATION

What is the revenue of VOYAGES GIRARDOT ORGANISATION ?

The revenue of VOYAGES GIRARDOT ORGANISATION in 2023 is 13.3 M€.

Is VOYAGES GIRARDOT ORGANISATION profitable?

Yes, VOYAGES GIRARDOT ORGANISATION generated a net profit of 127 k€ in 2023.

Where is the headquarters of VOYAGES GIRARDOT ORGANISATION ?

The headquarters of VOYAGES GIRARDOT ORGANISATION is located in CHALON-SUR-SAONE (71100), in the department Saone-et-Loire.

Where to find the tax return of VOYAGES GIRARDOT ORGANISATION ?

The tax return of VOYAGES GIRARDOT ORGANISATION 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).

In which sector does VOYAGES GIRARDOT ORGANISATION operate?

VOYAGES GIRARDOT ORGANISATION operates in the sector Activités des voyagistes (NAF code 79.12Z). See the 'Sector positioning' section above to compare the company with its competitors.