Sector · NACE 55

Accommodation

3,988 Belgian companies whose main activity falls under NACE code 55 have filed annual accounts. Their median solvency is 24.6% for financial year 2024.

Companies3,988
Median solvency24.6%
Median equity108,734 €
Median headcount (FTE)4.2
Founded in the last 3 years311

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 -1.9%24.6%54.8% 3,611
Current ratio 0.200.641.58 3,570
ROE -3.8%5.8%22.0% 2,639
Equity −6,002 €108,734 €500,425 € 3,629
Total assets 230,452 €681,355 €€1.92m 3,625
Net result −22,768 €3,810 €41,020 € 3,623
Headcount (avg FTE) 1.04.212.5 1,629

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: Accommodation

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

#Company Total assetsRevenue EquityFTEYear
1 Radisson Hospitality Belgium 1130 Brussels €1.84bn €399.5m €168.5m 227.3 2025
2 Accor Hotels Belgium 1000 Brussels €1.14bn €30.5m €925.7m 20.4 2025
3 Compagnie Internationale des Wagons-Lits et du Tourisme 1000 Brussels €547.4m — €195.6m 5.9 2025
4 Damier 8500 Kortrijk €209.0m €10.3m €194.7m 20.8 2025
5 Essendi Belgium 1000 Brussels €172.4m €42.0m €159.7m 278.2 2025
6 Vakantiepark Belgie 1 1000 Brussels €156.2m €11.2m €75.7m — 2025
7 LE Nouveau Palace 1210 Saint-Josse-ten-Noode €151.8m €15.0m €14.7m 103.9 2025
8 Hôtel Astoria 1000 Brussels €128.3m €14.9m −€22.9m 179.0 2025
9 Hotel Exploitatiemaatschappij Diegem 1831 Machelen (Brab.) €118.7m €97.4m €12.7m 534.2 2025
10 Hop!nvest 8340 Damme €100.4m — €97.9m 1.8 2025
11 Vakantiepark Belgie 2 1000 Brussels €91.3m €9.89m €43.6m — 2025
12 Thon Belgium 1000 Brussels €88.4m €24.5m €79.4m 82.2 2025
13 ASHG Belgium 9051 Ghent €86.9m — €55.3m 12.7 2025
14 Hilton International Co (Belgium) 2000 Antwerp €79.8m €15.2m €58.5m 98.5 2025
15 Elba Leasehold 1000 Brussels €79.2m €30.1m €1.85m 150.7 2025
16 Geers P. 6840 Neufchâteau €70.5m — €7.98m — 2025
17 CPSP België 2400 Mol €65.6m €114.0m −€6.00m 644.8 2025
18 Hotel Metropole 1000 Brussels €61.9m — €46.4m 1.0 2025
19 van der Valk Hotel Beveren 9120 Beveren-Kruibeke-Zwijndrecht €56.2m €1.39m €44.7m 5.9 2025
20 Sweet Home Standing 1070 Anderlecht €55.3m — €40.0m — 2025

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

Where are they based?

  • West Flanders778
  • Liège474
  • Brussels-Capital473
  • Antwerp412
  • East Flanders399
  • Limburg335
  • Luxembourg331
  • Namur240
  • Flemish Brabant234
  • Hainaut202
  • Walloon Brabant104

Municipalities with the most

Sub-sectors

Frequently asked questions

How many Accommodation companies are there in Belgium?

3,988 Belgian companies whose main activity falls under NACE code 55 (Accommodation) have filed annual accounts with the National Bank.

What is the median solvency in Accommodation?

For financial year 2024, median solvency (equity over total assets) is 24.6%. The middle half of companies lies between -1.9% and 54.8% (3,611 companies).

What is the largest company in Accommodation?

By total assets, it is Radisson Hospitality Belgium (€1.84bn, financial year 2025).

Where are Accommodation companies based?

The municipalities with the most: Brussels (174), Bruges (129), Ghent (80).

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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.