I read/heard that the expansion of the universe would lead to any observer not being able to see other galaxies as time goes on, due to their light not reaching them anymore.
This is correct. Space expands and galaxies travel away from each other, carried along by the expansion (called the Hubble flow). There are presumably galaxies already outside the observable Universe, as the light has not had time to reach us yet.
If the expansion continues (and continues to accelerate, as we believe it is doing due to dark energy), eventually galaxies will become completely isolated in space, with the distances so enormous that light will not be able to traverse it.
I always understood space expansion as an homothety (because space expands evenly ?). Is that correct ?
I think you mean homogeneously, and yes, that is broadly correct. Gravity is generally locally strong enough to overcome the expansion though, which is why galaxies can form in the first place. In those areas, the expansion is not technically homogeneous, as gravity is working against it by different amounts in different places.
If so, aren't all ratio of distances to their image supposed to be constant after a scalling transformation ?
In cosmology, we do like to define what is called the cosmic scale factor, which is equal to 1 today and 0 (or very close to it) at the beginning of spacetime. This helps us to understand how physical distances have changed over time, but it doesn't mean that those physical distances don't change.
If the "ruler" we use to mesure distances between two galaxies expands with its space, how does the distance that light has to travel to get to us also increases ?
The physical separation between non-gravitationally bound objects (eg distant galaxies) is growing. You can define a scale factor that changes with your expansion so that the distance looks like it remains constant. But again, I stress the physical expansion is still real.
Draw two dots close together on a balloon and then blow it up. See how the dots move apart as "spacetime" i.e. the balloon's surface expands. That is basically what is happening in the Universe.