Retail sale of tobacco products: largest employers
93 Belgian companies in the sector (NACE 4726) report employees in recent accounts; here are the top 20. DSE International leads with 65.8 FTE (financial year 2025).
Top 20
Ranked by average headcount (FTE) reported in the latest filed accounts (accounts less than 3 years old).
| # | Company | Total assets | Revenue | Equity | FTE | Year |
|---|---|---|---|---|---|---|
| 1 | DSE International 3500 Hasselt | €7.13m | €16.7m | €5.15m | 65.8 | 2025 |
| 2 | V.A.P. International 4000 Liège | €2.06m | — | 718,549 € | 44.0 | 2025 |
| 3 | Amevan 7783 Comines-Warneton | €5.70m | — | €3.68m | 21.6 | 2024 |
| 4 | DMV Invest 8660 De Panne | €2.40m | — | €1.67m | 19.2 | 2025 |
| 5 | Raisani Tobacco 7700 Mouscron | €1.73m | — | €1.04m | 17.4 | 2025 |
| 6 | Mobyp 1180 Uccle | 402,092 € | — | 169,883 € | 13.4 | 2025 |
| 7 | Thribe Retail One 2627 Schelle | 779,467 € | — | 581,814 € | 11.7 | 2025 |
| 8 | De Brug 8660 De Panne | €3.09m | €32.3m | €2.16m | 11.3 | 2025 |
| 9 | AVR Invest 8660 De Panne | €4.56m | — | €3.47m | 8.7 | 2025 |
| 10 | Oudsbergen BSS 3670 Oudsbergen | 139,111 € | — | 1,295 € | 6.8 | 2025 |
| 11 | B, W, A la Cloche 6560 Erquelinnes | 759,682 € | — | 664,526 € | 6.4 | 2025 |
| 12 | Silver Solutions 8930 Menen | €5.28m | — | €4.72m | 6.2 | 2025 |
| 13 | Fredo 8790 Waregem | €8.17m | €8.96m | €1.60m | 6.0 | 2025 |
| 14 | A.M.C. Gestion 4500 Huy | 872,250 € | — | 170,273 € | 5.1 | 2025 |
| 15 | The Flamingo 1070 Anderlecht | 672,021 € | €1.84m | −107,562 € | 5.0 | 2025 |
| 16 | Hody Trading 7700 Mouscron | 636,926 € | — | −142,529 € | 4.4 | 2024 |
| 17 | Vape-Company 9220 Hamme (Vl.) | 754,931 € | — | 536,569 € | 4.3 | 2025 |
| 18 | MIAN 5550 Vresse-sur-Semois | 893,264 € | €3.91m | 413,567 € | 4.3 | 2023 |
| 19 | Neotron 1060 Saint-Gilles | €1.36m | — | 884,100 € | 4.0 | 2025 |
| 20 | ChausseMode 6790 Aubange | 353,903 € | — | 158,528 € | 3.9 | 2025 |
Headcount reported by the company for all its sites: the jobs may be located elsewhere.
“—”: not published. Small companies (micro and abridged accounts) do not have to publish their revenue.
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Frequently asked questions
Who is the largest employer in Retail sale of tobacco products?
DSE International, with 65.8 full-time equivalents reported (financial year 2025).
How many Retail sale of tobacco products companies report employees?
93 out of 222, in accounts less than 3 years old.
Analyse companies in Retail sale of tobacco products
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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 14 Nov 2026.