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

NACE 79
Current registrations 3,746
Starters, 12 months 3318.8 per 100 · Belgium 8.8
Bankruptcies, 12 months 123.2 per 1,000 registrations · Belgium 6.2
Employment (FTE) 5,531342 employers · latest accounts
Median age 8.7 yearsBelgium 8.1 years

Activities

NACE division 79 · 4 activities
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Tourist information services79901 1,854 161 0 554
Travel agency activities79110 1,429 91 10 4,064
Travel agency, tour operator and other reservation service and related activities79120 529 73 2 912
Travel agency, tour operator and other reservation service and related activities79909 15 7 0 -

Filed accounts

NACE division 79 · financial year 2025 · 1,109 filed annual accounts
Median solvency
33.0%
Belgium 46.1%
Median net result
€14,094
Belgium €16,539
Median equity
€128,527
Belgium €98,485
Loss-making
27.0%
Belgium 26.7%
Negative equity
10.1%
Belgium 12.4%
Median return on equity
12.4%
Belgium 15.9%
Median liquidity
1.64
Belgium 1.66
Filed late
35.2%
financial year 2024, 1,043 filings · Belgium 38.4%
Per financial year20182019202020212022202320242025
Median solvency --24.7%30.6%32.1%33.4%32.8%33.0%
Median net result ---€9,081€11,700€18,799€14,336€15,335€13,142
Filed late 34.6%51.9%41.6%42.5%39.4%37.4%35.2%-

Hold your customer's or competitor's figures against them in the Sector benchmark

Staff cost per FTE in NACE division 79

312 employers
Median
€59,000
Belgium €61,400
Middle half
€50,400 to €69,100
half of the employers lie between
Place among sectors
60 of 78
sectors with a median staff cost per FTE, highest first
By size class
SizeMedianMiddle halfEmployers
fewer than 10 FTE €56,700 €49,000 to €66,300 231
10 to 49 FTE €60,300 €52,000 to €72,700 62

Bankruptcies

Bankruptcies, 5 years, still registered
30
0.80% of the registrations · Belgium 1.68%

Bankruptcies per year in division 79

Per year201520162017201820192020202120222023202420252026
Bankruptcies172228201625202621171713
Jobs lost113245365595721669656223517

2026 through September. Every bankruptcy, also of companies that have since left the register. Source: Statbel (Directorate-General Statistics), NACE classification of 2008.

Recent bankruptcies

Date Company
19-10-2026 GOOD TRIP
BE 0803.405.369
21-09-2026 AFRICA EXPRESS BELGIUM
BE 0751.701.894
19-08-2026 RANIA VOYAGES SPRL
BE 0899.154.366
04-08-2026 VOYAGES MONTAINE - REIZEN MONTAINE
BE 0401.266.927
08-07-2026 CREATIVE STAR
BE 0837.960.828
07-07-2026 DOUH TRAVEL
BE 0543.414.883
03-07-2026 EXIR
BE 0671.608.303
19-06-2026 JOLIE TOURS
BE 0719.440.486

Every bankruptcy in division 79, last 90 days

Spread across the country

by region and province · 1,770 of 3,746 enterprises with a registered office on file · a sole trader has no published seat
  • Flanders 972 · 54.9%
  • Wallonia 480 · 27.1%
  • Brussels 280 · 15.8%
  • Abroad 38 · 2.1%
fewer moremax 299

Largest employers

NACE division 79 · staff from the latest accounts
  1. 1 TUI Belgium RetailZaventem 433 FTEfinancial year 2025
  2. 2 TUI BelgiumOstend 422 FTEfinancial year 2025
  3. 3 Visit.brusselsBrussels 154 FTEfinancial year 2025
  4. 4 GLOBAL BUSINESS TRAVELBrussels 144 FTEfinancial year 2025
  5. 5 BCD Travel BelgiumAntwerp 135 FTEfinancial year 2025

Joint committees

from the latest accounts of 362 companies
  • 200 Auxiliary committee for white-collar workers 301
  • 100 Auxiliary committee for blue-collar workers 73
  • 140.01 Buses and coaches 13
  • 140 Transport and logistics 11
  • 302 Hotels and catering 11
  • 329 Socio-cultural sector 9
  • 140.02 Taxis 6
  • 329.01 Socio-cultural sector 6
Show the 12 others
  • 329.02 Socio-cultural sector 6
  • 333 Tourist attractions 5
  • 201 Independent retail 2
  • 337 Auxiliary committee for the non-profit sector 2
  • 112 Garages 1
  • 140.03 Road transport and logistics for third parties 1
  • 144 Agriculture 1
  • 149.01 Electricians: installation and distribution 1
  • 149.04 Metal trade 1
  • 203 White-collar workers in bluestone quarries 1
  • 211 Oil industry and trade 1
  • 226 White-collar workers in international trade, transport and logistics 1

Source: the annual accounts at the National Bank. One filing can name more than one committee.

10 of the 1,668 companies in NACE division 79 have a parent company abroad. Main parent countries: France (3), United Kingdom (2) and Netherlands (2). Together they employ 1,282 of the division's 5,531 FTE: 23%, against 14% for Belgium as a whole.

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €37.7m awarded 338 recipients · 2022 to 2025 · largest: Globalisatiemechanisme (discontinued)
  • Federal transfers 305,679 amount as published 8 recipients · 2023 to 2025 · largest: Toelage aan de vzw 'Geschillencommissie Reizen'
  • Wallonia-Brussels Federation €2.3m paid 19 recipients · 2021 to 2025 · largest: Subventions aux organisations de jeunesse (décret du 20 juin 1980 et du 26 mars 2009)
  • EU budget €88.0m attributed share 7 recipients · 2021 to 2025 · largest: Mission and representation
  • EU research €5.9m EU contribution 1 recipient · 2015 to 2027 · largest: Horizon 2020

Explore every recipient in this sector

Insights on Travel agencies

Balance sheet and result. Solvency of 33.0% is below Belgium's 46.1%. Return on equity of 12.4% is below Belgium's 15.9%. 10.1% of the annual accounts show negative equity, against 12.4% in Belgium.

Bankruptcies. In 12 months, 3.2 of 1,000 companies went bankrupt, against 6.2 in Belgium. That is fewer than in 63% of the 87 other NACE divisions. By size, the median bankruptcy probability is 0.3% at under 10 FTE and 0.1% at 10 to 49 FTE.

Inflow and structure. Brussels holds 16.2% of the seats, against 12.5% in Belgium. 52.7% of the companies are sole traders, against 41.6% in Belgium.

Staff and filing. The 5 largest employers hold 1,288 of the 5,531 FTE: 23.3%.

Direction. Median solvency rose from 24.7% in financial year 2020 to 33.0% in financial year 2025. The median net result rose from -€9,081 in financial year 2020 to €13,142 in financial year 2025. In 2025, Statbel counted 17 bankruptcies and 35 jobs lost, against 25 bankruptcies in 2020.

The comparison with Belgium as a whole and with the other divisions is as of 05-11-2026 05:30.

Method and sources

Every company registered today counts under its main activities in the KBO. Establishment units do not count. Staff counts once, under the employer's first main activity, from its latest accounts and only where it fits the staff costs. The count follows the NACE 2025 classification, the version in which code 79 exists.

The bankruptcies over five years count only companies still registered today, because the activity of a company that left the register is not kept. So they are fewer than the bankruptcies of those years, and the figure is not a probability for the future. Over twelve months the count is nearly complete, because a bankrupt company stays registered while its bankruptcy runs. A company with more than one main activity counts in each of those sectors.

The comparison with Belgium as a whole and with the other NACE divisions rests on an overview of every division, counted again each night. Each division is counted in the version of the NACE classification in which it exists. A standing such as "more than in 80%" compares with the other divisions that have the figure. A division's bankruptcy probability is the median over its companies with a score. Belgium here counts the 1,275,887 companies with a main activity, because only those belong to a division. The other 699,448 registrations publish no activity.

Each median is the value of the middle company, computed over the annual accounts of financial year 2025, and is shown only from 30 accounts. A share (loss-making, negative equity) counts that year's accounts with that trait. Accounts are late when they are filed after the statutory deadline.