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

NACE 7912 · division 79 Travel agencies
Current registrations 529division 79: 3,746
Starters, 12 months 331division 79 · 8.8 per 100 · Belgium 7.5
Bankruptcies, 5 years 40.76% of the registrations · Belgium 1.61%
Employment (FTE) 5,574division 79 · financial year 2025
Median age 8.7 yearsdivision 79 · Belgium 10.7 years

Filed accounts of the division

NACE division 79 · financial year 2025 · 1,109 filed annual accounts
Median solvency
33.0%
Belgium 46.2%
Median net result
€14,094
Belgium €16,549
Median equity
€128,527
Belgium €98,514
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

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, 12 months
12
division 79 · 3.2 per 1,000 registrations · Belgium 5.5

Recent bankruptcies

Date Company
08-07-2026 CREATIVE STAR
BE 0837.960.828
13-03-2026 Lombardo, Lino
BE 0667.422.158 · sole trader · Quaregnon
26-07-2022 Degallaix, Ludivine
BE 0542.618.097 · sole trader · Tournai
05-11-2021 TELLUS
BE 0448.004.891

Every bankruptcy in division 79, last 90 days

Spread across the country

by region and province · 333 of 529 enterprises with a registered office on file
  • Flanders 250 · 75.1%
  • Wallonia 43 · 12.9%
  • Brussels 38 · 11.4%
  • Unknown 2 · 0.6%
fewer moremax 79

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

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 15% for Belgium as a whole.

Subsidies in this sector

per register · legal entities with an enterprise number
  • Flemish subsidies €64.6m awarded 339 recipients · 2022 to 2025 · largest: Vlaams Gemeentefonds
  • Federal transfers 574,009 amount as published 9 recipients · 2023 to 2025 · largest: Subsidies voor de lokale overheden in het kader van de strategische veiligheidsplannen en maatregelen gemeenschapswachten
  • 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 agency, tour operator and other reservation service and related activities

The number of starters per 100 companies in NACE division 79 is higher than that of 64% of the 87 NACE divisions with this figure.

This sector's historical share is lower than that of 67% of the 88 NACE divisions with this figure.

The median bankruptcy probability in NACE division 79 is 0.2%, against 0.2% for Belgium as a whole. It is computed over 1,549 scored companies.

The comparison with Belgium as a whole and with the other divisions is as of 04-11-2026 05:30.

Method and sources

Every company registered today counts under its main activities in the KBO. Establishment units do not count. The count follows the NACE 2025 classification, the version in which code 7912 exists.

The historical share is the share of current registrations for which a bankruptcy opening was published in the past five years. A company with more than one main activity counts in each of those sectors. The historical share is not a future bankruptcy probability.

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 "higher than 80%" compares with the other divisions that have the figure. A division's bankruptcy probability is the median over its companies with a score. Their number is given with the figure.

The filed-accounts figures cover the whole NACE division 79, not only NACE 7912. There are too few filed annual accounts per five-digit code to compute them separately. Each median is the value of the middle company, computed over the division's 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.