Accommodation: highest revenue in Wallonia
As of 12 Nov 2026, 117 companies in Accommodation (NACE 55) in Wallonia publish their revenue in recent accounts (financial years 2023 to 2026). The top 10 account for €139.8m, out of €216.7m for all of them; median revenue is 311,344 €. Martin'S Hotels leads with €31.1m (financial year 2024).
Top 50 · Accommodation · Wallonia
Ranked by revenue published in the latest filed accounts (accounts less than 3 years old).
| # | Company | Total assets | Revenue | Equity | FTE | Year |
|---|---|---|---|---|---|---|
| 1 | Martin'S Hotels 1332 Rixensart | €25.4m | €31.1m | €6.95m | 239.6 | 2024 |
| 2 | Le Sanglier des Ardennes 6940 Durbuy | €30.0m | €21.5m | €3.20m | 136.3 | 2025 |
| 3 | Van der Valk Hotel Luxembourg 6700 Arlon | €34.2m | €14.1m | €5.79m | 100.1 | 2025 |
| 4 | Asteria 4970 Stavelot | €50.7m | €14.1m | €6.82m | 37.8 | 2025 |
| 5 | Châteaux Thermes & Golf 4520 Wanze | €35.5m | €12.9m | €17.7m | 172.0 | 2025 |
| 6 | Grape Hospitality Belgian Opco 1348 Ottignies-Louvain-la-Neuve | €1.68m | €11.6m | −€2.43m | 85.3 | 2025 |
| 7 | Martin'S Brugge 1332 Rixensart | €3.92m | €10.8m | 561,830 € | 51.8 | 2024 |
| 8 | Vayamundo Houffalize 6660 Houffalize | €6.01m | €10.2m | €4.52m | 57.4 | 2025 |
| 9 | Quartier Latin 6900 Marche-en-Famenne | €6.73m | €7.24m | €5.14m | 82.6 | 2025 |
| 10 | Namur Casino Resort 4000 Liège | €20.7m | €6.34m | €6.49m | 44.7 | 2025 |
| 11 | Your Nature 7640 Antoing | €37.3m | €5.55m | −€6.09m | 62.0 | 2023 |
| 12 | ASHG Liège 4000 Liège | €8.95m | €4.83m | −€4.03m | 44.5 | 2025 |
| 13 | Castel de Pont-A-Lesse 5500 Dinant | €7.75m | €4.35m | €2.09m | 34.4 | 2025 |
| 14 | Liege Hotel 4460 Grâce-Hollogne | €1.74m | €4.27m | −492,994 € | 26.1 | 2025 |
| 15 | Sanglier des Ardennes by BRU 6940 Durbuy | €46.4m | €3.02m | €15.1m | 15.4 | 2025 |
| 16 | Erasme Hotel 6041 Charleroi | €9.25m | €2.97m | €8.23m | 10.2 | 2025 |
| 17 | Waterloo Hotel 6041 Charleroi | €15.3m | €2.94m | €8.31m | 9.9 | 2025 |
| 18 | Arden Parks Belgium 4845 Jalhay | €24.5m | €2.62m | €13.1m | 1.7 | 2025 |
| 19 | Hotel Fleurus 6041 Charleroi | €5.49m | €2.61m | €3.31m | 11.3 | 2025 |
| 20 | Auberge de Poteaupré 6464 Chimay | €1.26m | €2.55m | €1.04m | 22.9 | 2025 |
| 21 | Waasotel 6041 Charleroi | €4.58m | €2.49m | €2.63m | 10.5 | 2025 |
| 22 | Capitalotel 6041 Charleroi | €14.0m | €2.49m | €6.21m | 8.7 | 2025 |
| 23 | Hotel Dinant 6041 Charleroi | €6.25m | €2.21m | €4.70m | 10.9 | 2025 |
| 24 | Arden Parks Petite-Suisse 6960 Manhay | €4.68m | €2.05m | −397,815 € | 3.9 | 2025 |
| 25 | Ardennes Online 5377 Somme-Leuze | €2.01m | €2.01m | 74,103 € | 21.7 | 2025 |
| 26 | Nutchel Belgium 6630 Martelange | €2.01m | €1.91m | 102,110 € | 10.2 | 2025 |
| 27 | Wavre Hotel 1300 Wavre | €1.60m | €1.79m | −654,928 € | 9.5 | 2025 |
| 28 | Pensionnat de Passy-Froyennes 7520 Tournai | €4.94m | €1.69m | €3.16m | 17.1 | 2025 |
| 29 | Internat d'Asty-Moulin 5002 Namur | €1.80m | 968,821 € | 687,420 € | 9.8 | 2025 |
| 30 | Elais Immo 5300 Andenne | €13.3m | 946,262 € | €10.3m | 4.0 | 2025 |
| 31 | Gitonic Corporation 6980 La Roche-en-Ardenne | 701,676 € | 869,263 € | −32,165 € | 12.3 | 2025 |
| 32 | Hotel Beau Site 4970 Stavelot | €1.39m | 849,863 € | 793,477 € | — | 2025 |
| 33 | Le Jardin de Waterloo 1410 Waterloo | 271,403 € | 848,545 € | 25,426 € | — | 2025 |
| 34 | Centre de Vacances le Roptai 5580 Rochefort | 545,650 € | 841,930 € | 251,924 € | 6.2 | 2025 |
| 35 | Auberge du Carrefour 6690 Vielsalm | 975,740 € | 800,251 € | 682,529 € | — | 2024 |
| 36 | de MONTJOYE C&S SRL 6672 Gouvy | €5.01m | 742,458 € | 295,131 € | 1.9 | 2025 |
| 37 | La Fete au Palais 5170 Profondeville | 690,890 € | 715,862 € | 502,404 € | 6.6 | 2026 |
| 38 | Arden Parks Saint-Hubert 6870 Saint-Hubert | €1.40m | 704,633 € | −€2.17m | — | 2025 |
| 39 | Institut Notre-Dame du Sacré, ASBL en abrégé INDSC 5570 Beauraing | €10.9m | 681,262 € | €3.84m | 141.0 | 2025 |
| 40 | Linalux Gestion 6680 Sainte-Ode | €24.2m | 665,134 € | €11.1m | 3.1 | 2025 |
| 41 | Chasse et Peche 6660 Houffalize | 741,619 € | 651,991 € | 660,818 € | 4.7 | 2025 |
| 42 | Arden Parks Neufchâteau 6840 Neufchâteau | €3.34m | 637,028 € | 974,801 € | 0.1 | 2025 |
| 43 | Demalux 6661 Houffalize | €2.70m | 608,148 € | €2.54m | — | 2025 |
| 44 | Domaine de Villers-Sainte-Gertrude 6941 Durbuy | €1.74m | 598,634 € | €1.14m | 8.8 | 2025 |
| 45 | Gite Mozaïk D' Ottignies-Louvain-la-Neuve 1348 Ottignies-Louvain-la-Neuve | €4.40m | 595,917 € | −471,778 € | 4.8 | 2025 |
| 46 | Camping et Gites 6820 Florenville | 735,275 € | 586,896 € | 414,749 € | 3.9 | 2025 |
| 47 | Histoire Developpement et Patrimoine International 4360 Oreye | €5.51m | 551,487 € | €1.94m | — | 2025 |
| 48 | Outdoor Centre 6660 Houffalize | 910,094 € | 477,367 € | 769,186 € | 2.4 | 2025 |
| 49 | La Rose Noire 5670 Viroinval | €1.24m | 463,503 € | €1.10m | — | 2025 |
| 50 | White Hawk Real Estate 6980 La Roche-en-Ardenne | €4.37m | 455,342 € | 538,606 € | — | 2025 |
Ranking based on each company's own annual accounts (statutory, not consolidated): a subsidiary and its parent appear separately, and the ranking differs from lists based on consolidated group accounts. These are the revenue figures published in the annual accounts. Small companies (micro and abridged accounts) do not have to publish theirs: they do not appear in this ranking.
Accommodation across Belgium → All sectors · Wallonia →
Other sectors · Wallonia
- 01 Crop and animal production, hunting and related service activities240
- 02 Forestry and logging49
- 08 Other mining and quarrying37
- 10 Manufacture of food products214
- 11 Manufacture of beverages37
- 13 Manufacture of textiles29
- 16 Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials61
- 17 Manufacture of paper and paper products15
- 18 Printing and reproduction of recorded media47
- 20 Manufacture of chemicals and chemical products80
- 21 Manufacture of basic pharmaceutical products and pharmaceutical preparations46
- 22 Manufacture of rubber and plastic products42
- 23 Manufacture of other non-metallic mineral products86
- 24 Manufacture of basic metals43
- 25 Manufacture of fabricated metal products, except machinery and equipment180
- 26 Manufacture of computer, electronic and optical products38
- 27 Manufacture of electrical equipment36
- 28 Manufacture of machinery and equipment n.e.c.71
- 29 Manufacture of motor vehicles, trailers and semi-trailers16
- 30 Manufacture of other transport equipment13
- 31 Manufacture of furniture26
- 32 Other manufacturing39
- 33 Repair, maintenance and installation of machinery and equipment53
- 35 Electricity, gas, steam and air conditioning supply64
- 37 Sewerage13
- 38 Waste collection, recovery and disposal activities64
- 41 Construction of residential and non-residential buildings401
- 42 Civil engineering77
- 43 Specialised construction activities959
- 46 Wholesale trade927
- 47 Retail trade1,360
- 49 Land transport and transport via pipelines246
- 52 Warehousing, storage and support activities for transportation104
- 53 Postal and courier activities19
- 56 Food and beverage service activities566
- 58 Publishing activities38
- 59 Motion picture, video and television programme production, sound recording and music publishing activities53
- 61 Telecommunication18
- 62 Computer programming, consultancy and related activities310
- 63 Computing infrastructure, data processing, hosting and other information service activities31
- 64 Financial service activities, except insurance and pension funding321
- 66 Activities auxiliary to financial services and insurance activities127
- 68 Real estate activities853
- 69 Legal and accounting activities276
- 70 Activities of head offices and management consultancy641
- 71 Architectural and engineering activities; technical testing and analysis267
- 72 Scientific research and development36
- 73 Activities of advertising, market research and public relations111
- 74 Other professional, scientific and technical activities57
- 75 Veterinary activities39
- 77 Rental and leasing activities59
- 78 Employment activities39
- 79 Travel agency, tour operator and other reservation service and related activities32
- 80 Investigation and security activities15
- 81 Services to buildings and landscape activities144
- 82 Office administrative, office support and other business support activities180
- 84 Public administration and defence; compulsory social security13
- 85 Education314
- 86 Human health activities580
- 87 Residential care activities201
- 88 Social work activities without accommodation174
- 90 Arts creation and performing arts activities95
- 91 Libraries, archives, museums and other cultural activities20
- 92 Gambling and betting activities12
- 93 Sports activities and amusement and recreation activities118
- 94 Activities of membership organisations100
- 95 Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles130
- 96 Personal service activities172
Municipalities with the most companies in the sector · Wallonia
- 4000 Liège (Glain, Rocourt)35
- 6940 Durbuy (Grandhan, Septon, Wéris)32
- 4970 Stavelot (Francorchamps)28
- 4960 Malmedy (Bevercé)26
- 6041 Charleroi (Gosselies)26
- 4845 Jalhay (Sart-Lez-Spa)24
- 6830 Bouillon (Les Hayons, Poupehan, Rochehaut)23
- 4900 Spa22
- 4020 Liège (Bressoux, Jupille-Sur-Meuse, Wandre)21
- 5550 Vresse-sur-Semois (Alle, Bagimont, Bohan, …)21
- 1410 Waterloo19
- 7000 Mons19
Frequently asked questions
Which company in Accommodation in Wallonia has the highest revenue?
Martin'S Hotels, with €31.1m of published revenue (financial year 2024).
Why are some companies missing?
Small companies (micro and abridged accounts) do not have to publish their revenue: only the 117 that publish it, out of 1,352 companies in the sector in the area, are ranked.
Why does this ranking differ from other lists?
It uses each company's annual accounts as filed with the National Bank, not consolidated group accounts. A holding, a subsidiary or a purchasing entity can therefore appear separately. Only companies whose latest accounts are less than 3 years old are ranked.
Analyse companies · Wallonia
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Open the full file →Active companies (legal entities) that have filed at least one set of annual accounts, based on the Crossroads Bank for Enterprises and the National Bank of Belgium. The sector is the main activity in the register; the municipality is that of the registered office. Data updated on 12 Nov 2026.