Sector · NACE 79

Travel agency, tour operator and other reservation service and related activities

1,158 Belgian companies whose main activity falls under NACE code 79 have filed annual accounts. Their median solvency is 33.8% for financial year 2024.

Companies1,158
Median solvency33.8%
Median equity123,665 €
Median headcount (FTE)2.8
Founded in the last 3 years86

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 16.8%33.8%59.6% 1,034
Current ratio 1.051.402.22 1,017
ROE 2.8%14.3%33.5% 922
Equity 34,183 €123,665 €314,617 € 1,041
Total assets 108,983 €397,435 €967,546 € 1,039
Net result 547 €15,088 €55,409 € 1,037
Headcount (avg FTE) 1.22.86.6 476

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: Travel agency, tour operator and other reservation service and related activities

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

#Company Total assetsRevenue EquityFTEYear
1 TUI Belgium 8400 Ostend €723.0m €831.1m €140.1m 422.1 2025
2 Nordic Info 1840 Londerzeel €63.8m €64.4m €12.8m 81.5 2025
3 Joie et Vacances 1000 Brussels €61.2m — €37.9m — 2025
4 De Blauwe Vogel 1609 3800 Sint-Truiden €55.7m €89.8m €19.6m 15.5 2025
5 TUI Belgium Retail 1930 Zaventem €50.5m €44.3m €26.3m 433.0 2025
6 Service Intersocial Belge - Belgische Intersociale Dienst 1030 Schaerbeek €49.4m €32.2m €1.90m 91.8 2025
7 Xplore The North 1840 Londerzeel €45.7m €6.95m €6.76m 4.2 2025
8 Club Mediterranee Societe Anonyme Belge 1050 Ixelles €45.5m €15.5m €12.1m 43.6 2025
9 Omnia Travel 3000 Leuven €29.0m €31.9m €5.05m 98.5 2025
10 Connections -Eurotrain 1800 Vilvoorde €27.3m €101.6m €6.28m 123.9 2025
11 A.C.L.V.B.-Vakantietehuizen - C.G.S.L.B.-Maisons de Vacances 9000 Ghent €22.0m — €21.5m — 2025
12 SL Belgium 6041 Charleroi €20.9m €47.1m €8.89m 34.0 2025
13 Lauwers 2530 Boechout €19.8m €36.6m €9.56m 62.2 2025
14 Travelbase 9000 Ghent €19.2m €45.7m €5.85m 83.2 2025
15 Global Business Travel 1000 Brussels €16.6m €24.7m €4.25m 144.1 2025
16 BCD Travel Belgium 2018 Antwerp €16.4m €12.6m €5.42m 134.9 2025
17 TUI Belgium Real Estate 1930 Zaventem €16.3m — €11.4m — 2025
18 Egencia Belgium 1000 Brussels €15.1m — €11.5m 28.2 2025
19 Neckermann Belgium 1410 Waterloo €14.3m €17.4m −€2.73m 123.9 2025
20 Westtoer 8200 Bruges €14.2m 75,288 € €6.27m 80.5 2025

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

Where are they based?

  • Brussels-Capital221
  • Antwerp200
  • East Flanders147
  • Flemish Brabant127
  • West Flanders126
  • Hainaut97
  • Liège74
  • Limburg65
  • Walloon Brabant50
  • Namur31
  • Luxembourg19

Municipalities with the most

Travel agency, tour operator and other reservation service and related activities: rankings by region and province

The largest companies in the sector in each region and province, by municipality of the registered office. A ranking is published once 10 companies in the sector publish the figure there.

AreaTotal assetsRevenueHeadcount
Flanders LargestRevenueEmployers
Wallonia LargestRevenueEmployers
Brussels LargestRevenueEmployers
Antwerp province LargestRevenueEmployers
Flemish Brabant LargestRevenueEmployers
Limburg Largest—Employers
East Flanders Largest—Employers
West Flanders Largest—Employers
Walloon Brabant Largest—Employers
Hainaut LargestRevenueEmployers
Liège province LargestRevenueEmployers
Luxembourg province Largest—Employers
Namur province Largest—Employers

Sub-sectors

Frequently asked questions

How many Travel agency, tour operator and other reservation service and related activities companies are there in Belgium?

1,158 Belgian companies whose main activity falls under NACE code 79 (Travel agency, tour operator and other reservation service and related activities) have filed annual accounts with the National Bank.

What is the median solvency in Travel agency, tour operator and other reservation service and related activities?

For financial year 2024, median solvency (equity over total assets) is 33.8%. The middle half of companies lies between 16.8% and 59.6% (1,034 companies).

What is the largest company in Travel agency, tour operator and other reservation service and related activities?

By total assets, it is TUI Belgium (€723.0m, financial year 2025).

Where are Travel agency, tour operator and other reservation service and related activities companies based?

The municipalities with the most: Brussels (48), Ixelles (36), Ghent (27).

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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 12 Nov 2026.