Sector · NACE 4635

Wholesale of tobacco products

62 Belgian companies whose main activity falls under NACE code 4635 have filed annual accounts. Their median solvency is 25.3% for financial year 2024.

Companies62
Median solvency25.3%
Median equity185,214 €
Median headcount (FTE)4.8
Founded in the last 3 years2

Sector medians

Computed by Idonis

Distribution across the sector's companies for financial year 2024: a quarter of companies sit below the 1st quartile, half below the median, three quarters below the 3rd quartile.

Indicator1st quartileMedian3rd quartileCompanies
Solvency 8.7%25.3%56.7% 58
Current ratio 0.871.202.03 60
ROE -17.7%5.5%17.3% 48
Equity 13,383 €185,214 €546,624 € 60
Total assets 140,117 €527,440 €€2.96m 59
Net result −24,195 €5,077 €69,146 € 60
Headcount (avg FTE) 1.34.816.9 30

Medians computed by Idonis from annual accounts filed with the National Bank, all sizes combined. The same panel is the sector benchmark on every company page. Method

Largest companies: Wholesale of tobacco products

Ranked by total assets in the latest filed accounts. This is a size criterion, not an assessment.

#Company Total assetsRevenue EquityFTEYear
1 Fixmer Belgium 2110 Wijnegem €98.5m €938.4m €13.1m 154.2 2025
2 Stubbe Tobacco Trading 8980 Zonnebeke €37.1m €106.8m €32.7m 16.9 2025
3 Dominique London 8790 Waregem €28.8m €2.31m €16.2m 2.2 2025
4 Laguito 1492 3090 Overijse €26.6m €48.0m €13.8m 21.3 2024
5 Volckaert - Soetens 9340 Lede €20.6m €344.3m €11.0m 41.3 2025
6 Scandinavian Tobacco Group Belux 3560 Lummen €15.5m €53.5m €4.90m 16.9 2025
7 VDC & BO 9500 Geraardsbergen €10.2m €118.6m 163,552 € 30.1 2024
8 Aromaking Benelux 1070 Anderlecht €8.87m €2.49m −512,695 € 0.4 2025
9 M. Meerapfel Sohne Belgium 1420 Braine-l'Alleud €7.50m €8.72m 688,816 € 7.5 2025
10 Sizzle 3660 Oudsbergen €5.99m — €3.13m 13.8 2025
11 Hyde Park Trading 2970 Schilde €4.94m — €3.11m — 2025
12 AQAB 9000 Ghent €4.83m — 243,406 € 1.7 2025
13 P. Tassenoy 9255 Buggenhout €4.50m — €2.70m 1.0 2025
14 Tobacco Trading & Services 9100 Sint-Niklaas €3.90m — 479,103 € 0.6 2024
15 Davidoff of Geneva Benelux 1090 Jette €3.24m €8.35m 349,289 € 19.3 2025
16 Magic 7783 Comines-Warneton €3.15m — €2.49m 16.3 2025
17 CZ Cado 8560 Wevelgem €2.64m — 590,315 € 4.7 2025
18 UEG Belgium 2960 Brecht €2.46m — 184,638 € 3.3 2024
19 Khan Group 1082 Berchem-Sainte-Agathe €2.39m — 719,613 € 5.3 2024
20 BRC & Co 1070 Anderlecht €2.14m — 574,145 € 16.6 2025

“—”: not published. Small companies (micro and abridged accounts) do not have to publish their revenue.

See all 62 companies, full list →

Where are they based?

  • Brussels-Capital13
  • East Flanders10
  • Antwerp9
  • West Flanders9
  • Flemish Brabant6
  • Hainaut5
  • Limburg5
  • Luxembourg2
  • Walloon Brabant2
  • Liège1

Municipalities with the most

Related sectors

← The whole Wholesale trade sector (NACE 46)

Frequently asked questions

How many Wholesale of tobacco products companies are there in Belgium?

62 Belgian companies whose main activity falls under NACE code 4635 (Wholesale of tobacco products) have filed annual accounts with the National Bank.

What is the median solvency in Wholesale of tobacco products?

For financial year 2024, median solvency (equity over total assets) is 25.3%. The middle half of companies lies between 8.7% and 56.7% (58 companies).

What is the largest company in Wholesale of tobacco products?

By total assets, it is Fixmer Belgium (€98.5m, financial year 2025).

Where are Wholesale of tobacco products companies based?

The municipalities with the most: Anderlecht (5), Ixelles (2), Braine-l'Alleud (2).

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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 14 Nov 2026.