WORLDWIDE FLIGHT SERVICES HOLDING S.A. : revenue, balance sheet and financial ratios

WORLDWIDE FLIGHT SERVICES HOLDING S.A. is a French company founded 33 years ago, specialized in the sector Activités des sièges sociaux. Based in TREMBLAY-EN-FRANCE (93290), this company of category ETI shows in 2025 a revenue of 41.5 M€. Find below the complete financial statements, solvency ratios, working capital requirements and sector comparison.

Data updated on 2026-04-25

Sources : INPI & INSEE SIRENE - Processing : Ministry of Economy

Financial history - WORLDWIDE FLIGHT SERVICES HOLDING S.A. (SIREN 389759424)
Indicator 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue 41 550 000 € 9 234 509 € 30 091 000 € 23 888 000 € 23 383 000 € 26 177 000 € 7 689 766 € 4 605 922 € 12 217 695 € 20 590 779 € 12 996 000 €
Net income 40 572 000 € 3 091 064 € -34 215 000 € 11 765 000 € 12 975 000 € 12 866 000 € 37 222 963 € 5 717 420 € 15 961 665 € 220 611 € 9 496 630 €
EBITDA 756 000 € 408 347 € 1 765 000 € 2 462 000 € 212 000 € 2 255 000 € -3 310 686 € -2 038 834 € -4 451 125 € -3 709 542 € -454 635 €
Net margin 97.6% 33.5% -113.7% 49.3% 55.5% 49.2% 484.1% 124.1% 130.6% 1.1% 73.1%

Revenue and income statement

In 2025, WORLDWIDE FLIGHT SERVICES HOLDING S.A. achieves revenue of 41.5 M€. Over the period 2015-2025, the company shows strong growth with a CAGR (compound annual growth rate) of +12.3%. Vs 2024, growth of +350% (9.2 M€ -> 41.5 M€). After deducting consumption (0 €), gross margin stands at 41.5 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 756 k€, representing 1.8% of revenue. Warning negative scissor effect: despite revenue change (+350%), EBITDA varies by +85%, reducing margin by 2.6 pts. This reflects costs rising faster than revenue. The operating margin remains fragile, requiring cost vigilance. Ultimately, net income (= EBIT +/- financial result +/- exceptional - corporate tax) amounts to 40.6 M€, i.e. 97.6% of revenue. This profit can be retained or distributed to shareholders.

Revenue (2025) ?
Revenue
Definition
Total amount of sales of goods and services made by the company.
Formula
Sales of goods + Sold production

41 550 000 €

Gross margin (2025) ?
Gross margin
Definition
Difference between revenue and cost of goods sold.
Formula
Revenue - Cost of goods consumed

41 550 000 €

EBITDA (2025) ?
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

756 000 €

EBIT (2025) ?
EBIT (Operating Income)
Definition
Operating income, including depreciation and provisions.
Formula
EBITDA - Depreciation and provisions + Reversals

7 683 000 €

Net income (2025) ?
Net income
Definition
Profit or loss after all expenses, including taxes and exceptional items.
Formula
Current income + Exceptional income - Income tax

40 572 000 €

EBITDA margin (2025) ?
EBITDA margin
Definition
Measures the company's operating profitability.
Formula
(EBE / CA) x 100
Interpretation
> 10% : Good profitability
5-10% : Average
< 5% : Low

1.8%

Loading income statement...

Chart evolution

Show :

Assets

Loading data...

Liabilities

Loading data...

Solvency and debt ratios

The debt ratio (= Financial debt / Equity x 100) stands at 247%. Critical situation: debt significantly exceeds equity, severely limiting borrowing capacity and exposing the company to default risk. Financial autonomy (= Equity / Total assets x 100) reaches 7%. Low autonomy: the company heavily depends on external financing (banks, suppliers). Debt repayment capacity (= Financial debt / Cash flow) indicates it would take 1.4 years of cash flow to repay all financial debt. This short period demonstrates excellent debt sustainability. Cash flow represents 50.4% of revenue. Cash flow measures resources generated by operations, available for investment and debt repayment. This high level provides strong self-financing capacity.

Debt ratio (2025) ?
Debt ratio
Definition
Measures the proportion of debt to equity.
Formula
(Financial debt / Equity) x 100
Interpretation
< 50% : Low
50-100% : Moderate
> 100% : High

247.37%

Financial autonomy (2025) ?
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

7.401%

Cash flow / Revenue (2025) ?
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

50.371%

Repayment capacity (2025) ?
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

1.371

Asset age ratio (2025) ?
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

21.0%

Solvency indicators evolution
WORLDWIDE FLIGHT SERVICES HOLDING S.A.

Sector positioning

Debt ratio
247.37 2025
2023
2024
2025
Q1: 0.09
Med: 12.76
Q3: 78.81
Average +50 pts over 3 years

In 2025, the debt ratio of WORLDWIDE FLIGHT SERVICES... (247.37) ranks above the median of the sector. This ratio measures the weight of debt relative to equity. A reduction effort could improve financial strength.

Financial autonomy
7.4% 2025
2023
2024
2025
Q1: 14.02%
Med: 56.52%
Q3: 88.87%
Average

In 2025, the financial autonomy of WORLDWIDE FLIGHT SERVICES... (7.4%) 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
1.37 years 2025
2023
2024
2025
Q1: 0.0 years
Med: 0.28 years
Q3: 3.38 years
Average -16 pts over 3 years

In 2025, the repayment capacity of WORLDWIDE FLIGHT SERVICES... (1.37) 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.

Liquidity ratios

The liquidity ratio (= Current assets / Current liabilities) stands at 69.22. 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 802.6x. Operating income very largely covers interest expenses: high safety margin.

Liquidity ratio (2025) ?
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

69.217

Interest coverage (2025) ?
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

802.646

Liquidity indicators evolution
WORLDWIDE FLIGHT SERVICES HOLDING S.A.

Sector positioning

Liquidity ratio
69.22 2025
2023
2024
2025
Q1: 131.38
Med: 522.59
Q3: 2610.36
Watch -33 pts over 3 years

In 2025, the liquidity ratio of WORLDWIDE FLIGHT SERVICES... (69.22) ranks in the bottom 25% of the sector. This ratio measures the ability to cover short-term debt with current assets. A ratio below 1 may signal potential cash flow tensions.

Interest coverage
802.65x 2025
2023
2024
2025
Q1: -43.56x
Med: 0.0x
Q3: 1.96x
Excellent

In 2025, the interest coverage of WORLDWIDE FLIGHT SERVICES... (802.6x) 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) and payment terms

Working capital requirement (WCR) measures the cash timing gap between customer collections and supplier/inventory payments. Average customer payment term: 169 days (formula: Customer receivables / Revenue incl. VAT x 360). Supplier term: 159 days. The company must finance 10 days of gap between collections and payments. WCR is negative (-263 days): operations structurally generate cash. Notable WCR improvement over the period (-156%), freeing up cash.

Operating WCR (2025) ?
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

-30 371 803 €

Customer credit (2025) ?
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

169 j

Supplier credit (2025) ?
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

159 j

Inventory turnover (2025) ?
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 (2025) ?
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

-263 j

WCR and payment terms evolution
WORLDWIDE FLIGHT SERVICES HOLDING S.A.

Positioning of WORLDWIDE FLIGHT SERVICES HOLDING S.A. in its sector

Comparison with sector Activités des sièges sociaux

Valuation estimate

Based on 54 transactions of similar company sales in 2025, the value of WORLDWIDE FLIGHT SERVICES HOLDING S.A. is estimated at 30 701 020 € (range 10 254 393€ - 56 031 942€). With an EBITDA of 756 000€, the sector multiple of 1.1x is applied. The price/revenue ratio is 0.63x (in line with sector norms). 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 2025
54 tx
10254k€ 30701k€ 56031k€
30 701 020 € Range: 10 254 393€ - 56 031 942€
NAF 5 année 2025

Valuation detail by method

Ajustez les pondérations selon votre analyse

EBITDA Multiple 50%
756 000 € × 1.1x
Estimation 808 916 €
447 476€ - 1 915 379€
Revenue Multiple 30%
41 550 000 € × 0.63x
Estimation 26 210 807 €
10 901 659€ - 29 626 513€
Net Income Multiple 20%
40 572 000 € × 2.8x
Estimation 112 166 605 €
33 800 792€ - 230 931 495€

Valuation evolution

How is this estimate calculated?

This estimate is based on the analysis of 54 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 sièges sociaux)

Compare WORLDWIDE FLIGHT SERVICES HOLDING S.A. with other companies in the same sector:

Voir toutes les statistiques du secteur Activités des sièges sociaux

Frequently asked questions about WORLDWIDE FLIGHT SERVICES HOLDING S.A.

What is the revenue of WORLDWIDE FLIGHT SERVICES HOLDING S.A. ?

The revenue of WORLDWIDE FLIGHT SERVICES HOLDING S.A. in 2025 is 41.5 M€.

Is WORLDWIDE FLIGHT SERVICES HOLDING S.A. profitable?

Yes, WORLDWIDE FLIGHT SERVICES HOLDING S.A. generated a net profit of 40.6 M€ in 2025.

Where is the headquarters of WORLDWIDE FLIGHT SERVICES HOLDING S.A. ?

The headquarters of WORLDWIDE FLIGHT SERVICES HOLDING S.A. is located in TREMBLAY-EN-FRANCE (93290), in the department Seine-Saint-Denis.

Where to find the tax return of WORLDWIDE FLIGHT SERVICES HOLDING S.A. ?

The tax return of WORLDWIDE FLIGHT SERVICES HOLDING S.A. 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 WORLDWIDE FLIGHT SERVICES HOLDING S.A. operate?

WORLDWIDE FLIGHT SERVICES HOLDING S.A. operates in the sector Activités des sièges sociaux (NAF code 70.10Z). See the 'Sector positioning' section above to compare the company with its competitors.