Travel agency activities: highest published revenue
76 Belgian companies in the sector (NACE 7911) publish their revenue in recent accounts; here are the top 20. Connections -Eurotrain leads with €101.6m (financial year 2025).
Top 20
Ranked by revenue published in the latest filed accounts (accounts less than 3 years old).
| # | Company | Total assets | Revenue | Equity | FTE | Year |
|---|---|---|---|---|---|---|
| 1 | Connections -Eurotrain 1800 Vilvoorde | €27.3m | €101.6m | €6.28m | 123.9 | 2025 |
| 2 | De Blauwe Vogel 1609 3800 Sint-Truiden | €55.7m | €89.8m | €19.6m | 15.5 | 2025 |
| 3 | Antwerp Advanced Business Travel Services 2030 Antwerp | €13.7m | €70.8m | €8.72m | 22.6 | 2025 |
| 4 | Herfurth Travel 2020 Antwerp | €7.09m | €52.8m | €2.14m | 55.6 | 2025 |
| 5 | SL Belgium 6041 Charleroi | €20.9m | €47.1m | €8.89m | 34.0 | 2025 |
| 6 | TUI Belgium Retail 1930 Zaventem | €50.5m | €44.3m | €26.3m | 433.0 | 2025 |
| 7 | Travel Plus 2000 Antwerp | €4.77m | €36.7m | €1.88m | 17.7 | 2025 |
| 8 | Lauwers 2530 Boechout | €19.8m | €36.6m | €9.56m | 62.2 | 2025 |
| 9 | Axon Travel 3000 Leuven | €8.43m | €34.7m | €5.79m | 41.9 | 2025 |
| 10 | Service Intersocial Belge - Belgische Intersociale Dienst 1030 Schaerbeek | €49.4m | €32.2m | €1.90m | 91.8 | 2025 |
| 11 | Omnia Travel 3000 Leuven | €29.0m | €31.9m | €5.05m | 98.5 | 2025 |
| 12 | LiveToTravel 9300 Aalst | €7.10m | €27.3m | €1.52m | 22.3 | 2025 |
| 13 | BT Tours 7134 Binche | €8.39m | €25.3m | €3.47m | 20.0 | 2025 |
| 14 | Global Business Travel 1000 Brussels | €16.6m | €24.7m | €4.25m | 144.1 | 2025 |
| 15 | Espace Voyages Brussels 1050 Ixelles | €3.50m | €23.6m | 659,138 € | 25.0 | 2026 |
| 16 | Generaltour 4041 Herstal | €7.68m | €20.5m | €1.39m | 55.7 | 2025 |
| 17 | Pegase Travel 9051 Ghent | €6.65m | €20.1m | 893,749 € | 17.1 | 2025 |
| 18 | Joker - Jong Toerisme, Joker - Youth Tourism 2800 Mechelen | €10.5m | €19.1m | €2.13m | 90.5 | 2025 |
| 19 | Neckermann Belgium 1410 Waterloo | €14.3m | €17.4m | −€2.73m | 123.9 | 2025 |
| 20 | Global Travel 8400 Ostend | €6.45m | €17.3m | €1.42m | 14.1 | 2025 |
These are the revenue figures published in the annual accounts. Small companies (micro and abridged accounts) do not have to publish theirs: they do not appear in this ranking.
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Frequently asked questions
Which company in Travel agency activities has the highest revenue?
Connections -Eurotrain, with €101.6m in revenue (financial year 2025).
How many Travel agency activities companies publish their revenue?
76 out of 869, in accounts less than 3 years old. Small companies (micro and abridged accounts) are not required to publish it.
Analyse companies in Travel agency activities
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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.