Sector · NACE 4726

Retail sale of tobacco products

223 Belgian companies whose main activity falls under NACE code 4726 have filed annual accounts. Their median solvency is 48.3% for financial year 2024.

Companies223
Median solvency48.3%
Median equity70,288 €
Median headcount (FTE)1.6
Founded in the last 3 years13

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 18.7%48.3%68.6% 189
Current ratio 1.011.723.12 190
ROE -1.5%8.0%27.9% 163
Equity 26,443 €70,288 €195,446 € 193
Total assets 97,780 €217,309 €496,032 € 189
Net result −6,569 €7,093 €29,496 € 190
Headcount (avg FTE) 1.01.63.6 90

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: Retail sale 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 Real Retail 8630 Veurne €17.1m — €16.8m 0.8 2025
2 Fredo 8790 Waregem €8.17m €8.96m €1.60m 6.0 2025
3 DSE International 3500 Hasselt €7.13m €16.7m €5.15m 65.8 2025
4 Amevan 7783 Comines-Warneton €5.70m — €3.68m 21.6 2024
5 Silver Solutions 8930 Menen €5.28m — €4.72m 6.2 2025
6 AVR Invest 8660 De Panne €4.56m — €3.47m 8.7 2025
7 De Brug 8660 De Panne €3.09m €32.3m €2.16m 11.3 2025
8 Eurotab 1000 Brussels €2.66m 448,150 € 28,074 € 1.2 2024
9 YKM Tabacco 1000 Brussels €2.50m — 411,556 € 2.6 2023
10 DMV Invest 8660 De Panne €2.40m — €1.67m 19.2 2025
11 LMA Concept 6150 Anderlues €2.24m — €1.74m — 2025
12 V.A.P. International 4000 Liège €2.06m — 718,549 € 44.0 2025
13 Immocalo 8954 Heuvelland €1.79m — 838,874 € — 2025
14 Carlo - Troussart 4053 Chaudfontaine €1.78m — €1.31m — 2025
15 Raisani Tobacco 7700 Mouscron €1.73m — €1.04m 17.4 2025
16 Starlette & Co 8930 Menen €1.72m — €1.06m 3.4 2024
17 Vierstraete JOS 8400 Ostend €1.48m — 622,394 € 0.4 2025
18 Grenspandje 3920 Lommel €1.45m — 916,970 € 0.9 2025
19 Dedrie 8660 De Panne €1.42m — €1.20m — 2025
20 Shop Night AND DAY 1410 Waterloo €1.40m — €1.13m 1.1 2025

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

Where are they based?

  • West Flanders48
  • Hainaut38
  • Brussels-Capital31
  • Antwerp27
  • Flemish Brabant19
  • East Flanders16
  • Limburg15
  • Liège14
  • Namur7
  • Walloon Brabant6
  • Luxembourg2

Municipalities with the most

Related sectors

← The whole Retail trade sector (NACE 47)

Frequently asked questions

How many Retail sale of tobacco products companies are there in Belgium?

223 Belgian companies whose main activity falls under NACE code 4726 (Retail sale of tobacco products) have filed annual accounts with the National Bank.

What is the median solvency in Retail sale of tobacco products?

For financial year 2024, median solvency (equity over total assets) is 48.3%. The middle half of companies lies between 18.7% and 68.6% (189 companies).

What is the largest company in Retail sale of tobacco products?

By total assets, it is Real Retail (€17.1m, financial year 2025).

Where are Retail sale of tobacco products companies based?

The municipalities with the most: Menen (10), Mouscron (9), Brussels (8).

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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 10 Oct 2026.