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

Current registrations 529division 79: 3,749
Starters, 12 months 7313.8 per 100 · Belgium 8.9
Bankruptcies, 12 months 23.8 per 1,000 registrations · Belgium 6.2
Employment (FTE) 91234 employers · latest accounts
Median age 5.9 yearsBelgium 8.1 years
E-invoicing via Peppol 84.3%446 of 529 companies in the Peppol Directory · Belgium 85.0%

Filed accounts

NACE 79120 · financial year 2025 · 209 filed annual accounts
Median solvency
30.0%
division 33.1% · Belgium 46.1%
Median net result
€18,096
division €14,155 · Belgium €16,520
Median equity
€98,907
division €128,527 · Belgium €98,421
Loss-making
30.1%
division 26.9% · Belgium 26.7%
Negative equity
12.4%
division 10.0% · Belgium 12.4%
Median return on equity
18.3%
division 12.5% · Belgium 15.9%
Median liquidity
1.73
division 1.64 · Belgium 1.66
Filed late
35.7%
financial year 2024, 196 filings · division 35.1% · Belgium 38.4%
Missing or 90 days late
4.1%
of 220 companies with annual accounts · division 5.9% · Belgium 5.4%
Per financial year202020212022202320242025
Median solvency 16.6%20.2%25.0%28.2%30.1%30.0%
Median net result -€14,014€7,415€19,676€17,255€18,695€18,096

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

Bankruptcies

Bankruptcies, 5 years, still registered
3
0.57% of the registrations · Belgium 1.68%
Running bankruptcies
8
15.1 per 1,000 registrations

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

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 · a sole trader has no published seat
  • Flanders 246 · 73.9%
  • Wallonia 39 · 11.7%
  • Brussels 37 · 11.1%
  • Abroad 11 · 3.3%
fewer moremax 78

Largest employers

NACE 79120 as first main activity · staff from the latest accounts
  1. 1 TUI BelgiumOstend 422 FTEfinancial year 2025
  2. 2 JOKER - JONG TOERISME, JOKER - YOUTH TOURISMMechelen 90.5 FTEfinancial year 2025
  3. 3 TRAVELBASEGhent 83.2 FTEfinancial year 2025
  4. 4 NORDIC INFOLonderzeel 81.5 FTEfinancial year 2025
  5. 5 DE BUCK AGENCYNazareth-De Pinte 31.4 FTEfinancial year 2025

Joint committees

from the latest accounts of 69 companies
  • 200 Auxiliary committee for white-collar workers 60
  • 100 Auxiliary committee for blue-collar workers 16
  • 140.01 Buses and coaches 8
  • 302 Hotels and catering 4
  • 333 Tourist attractions 2
  • 140 Transport and logistics 1
  • 140.03 Road transport and logistics for third parties 1
  • 149.01 Electricians: installation and distribution 1
Show the 3 others
  • 149.04 Metal trade 1
  • 330 Health institutions and services 1
  • 337 Auxiliary committee for the non-profit sector 1

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

Division 79: Travel agencies

Related activities

1 other activity
Activity Registrations Starters, 12 months Bankruptcies, 12 months FTE
Travel agency activities79110 1,429 92 10 4,065

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.

Staff cost per FTE in NACE division 79

312 employers
Median
€58,800
Belgium €61,400
Middle half
€50,400 to €69,100
half of the employers lie between
Place among sectors
61 of 78
sectors with a median staff cost per FTE, highest first
By size class
SizeMedianMiddle halfEmployers
fewer than 10 FTE €56,500 €49,000 to €66,300 231
10 to 49 FTE €60,300 €52,000 to €72,700 62

10 of the 1,667 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 agency, tour operator and other reservation service and related activities

Balance sheet and result. Solvency of 30.0% is below Belgium's 46.1%. Return on equity of 18.3% is above Belgium's 15.9%. 30.1% of the annual accounts close with a loss, against 26.7% in Belgium.

Bankruptcies. The median bankruptcy probability of 0.3% is above Belgium's 0.2%.

Inflow and structure. In 12 months, 13.8 of 100 companies started, against 8.9 in Belgium. That is more than in 93% of the 87 NACE divisions. Half of the companies are younger than 5.9 years, against 8.1 years in Belgium. Flanders holds 76.4% of the seats, against 64.7% in Belgium.

Staff and filing. The 5 largest employers hold 709 of the 912 FTE: 77.7%.

Direction. Median solvency rose from 16.6% in financial year 2020 to 30.0% in financial year 2025. The median net result rose from -€14,014 in financial year 2020 to €18,096 in financial year 2025.

The comparison with Belgium as a whole and with the other divisions is as of 06-11-2026 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 79120 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 1,276,581 companies with a main activity, because only those belong to a division. The other 698,987 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. The direction per financial year follows the companies still registered today. Missing or 90 days late counts the companies with accounts missing today, or whose latest were filed more than 90 days after the deadline. The dossier follows the same rule.