Where is Agifly located?

In Sint-Pieters-Woluwe, Belgium.

Around 2 full-time equivalents (financial year 2025).

Who are the clients of Agifly?

Among others Cycloparking, Jecliquelocal, Partenamut.

Review: Agifly

Q: What is Agifly specialised in?

Website development, Website strategy & UX.

Agifly, opgericht in 2019, is een digitaal bureau (web & platform) uit Sint-Pieters-Woluwe. Het team telt ongeveer 3 medewerkers (VTE). De opgegeven expertise is webdevelopment en ux/ui design. Publiek gekende klanten zijn onder meer Cycloparking, Jecliquelocal en Partenamut.

1

How this agency makes money

Revenue, margin and what an hour of work brings in. Everything on the earning side sits together here.

Revenue trendgross margin per financial year

20212022202320242025

Latest year: € 139.605 gross margin, growth -46,5% against a sector median of +3,1%.

Shrinking

MarginEBITDA / gross margin · value-added coverage

20212022202320242025

AgiflySector median

EBITDA margin 8,9%, sector median 22,6%. Value-added coverage 1,10 (median 1,23). Value-added coverage sits in the sector-wide grey zone (0.95-1.15): context, not an alarm.

Below sector level

Revenue per headGross margin per FTE, against payroll cost

€ 69.802

Median (2025) € 77.398

Against a payroll cost of € 63.343 per FTE. The ratio between the two is the coverage rate above.

Below the median

2

Can the agency take a hit

Buffer, cash position and payment behaviour side by side, so you can see where they disagree.

Bufferequity in months of payroll

Buffer: 1,5 months (median 5,3 mo). Equity in the latest year: € 15.448.

Thin buffer

Cash positionAvailable cash, and whether it covers short-term debt

Cash € 21.855. Liquidity ratio 1,66: current assets cover short-term debt in full. Solvency 5,2%.

Amply covered

Payment behaviourTowards suppliers and towards the NBB

Trade payables correspond to 77 days of supplier credit, sector median 46. The accounts were filed 243 days after closing; the legal deadline is seven months.

Filed late

3

Signals and strengths

Events from the CBE and the Official Gazette over the past 24 months, plus positive markers derived from the figures.

Continuity

1 red flag(s) (24m)

Signals in the last 24 months

Zichtbaarheid verschoven · 1 Sep 2026 · Google Autocomplete
Zichtbaarheid verschoven · 1 Sep 2026 · Google Autocomplete
Late filing · 31 Aug 2026 · NBB
The annual accounts were filed after the statutory deadline. Over a third of the sector does this, usually because of the accountant's calendar. Rarely a story in itself.
Zichtbaarheid verschoven · 1 Aug 2026 · Google Autocomplete
Thin buffer · 31 Dec 2025 · NBB
Equity covers less than three months of payroll. A limited reserve, and at many smaller agencies the normal state of affairs. Ask how the agency absorbs a setback.
Late filing · 31 Aug 2025 · NBB
The annual accounts were filed after the statutory deadline. Over a third of the sector does this, usually because of the accountant's calendar. Rarely a story in itself.
+ 2 older signals within 24m

Click a signal for a plain-language explanation. Each signal is a fact from a public source, without the agency's own context. Best to ask them directly.

What this agency does well

Healthy working capital (current ratio 1,66)
Comfortable cash position: 63 days of payroll

Each point is a fact from the filed annual accounts, measured against the same thresholds and sector medians as the signals above.

4

All the figures

Reference material, not a starting point. Expand it if you want to read the series yourself.

5 financial years, 2021 to 2025Result, staff and balance sheet

	2021	2022	2023	2024	2025
Result
Gross margin	€ 153.608	€ 191.420+24,6%	€ 128.669-32,8%	€ 261.012+102,9%	€ 139.605-46,5%
EBITDA	€ 21.667	€ 14.165	€ -78.154	€ 111.058	€ 12.444
EBITDA margin	14,1%	7,4%	-60,7%	42,5%	8,9%
Staff
FTE	4,0	4,5+12,5%	4,3-4,4%	2,6-39,5%	2,0-23,1%
Gross margin per FTE	€ 38.402	€ 42.538	€ 29.923	€ 100.389	€ 69.802
Payroll cost per FTE	€ 21.155	€ 38.939	€ 47.075	€ 57.527	€ 63.343
Balance sheet
Equity	€ 15.355	€ 17.362	€ -80.058	€ 11.006	€ 15.448
Cash	€ 57.080	€ 19.298	€ 165.507	€ 66.841	€ 21.855
Liquidity ratio	2,54	1,38	2,22	1,90	1,66

Payroll cost per FTE comes from the social report where available, otherwise from the Remuneration line. Both are gross costs including employer contributions.

What this factsheet does not know

How good the work is. Figures do not measure creativity, strategy or chemistry.
How the client portfolio is spread. Concentration is not in the accounts.
Freelancers and subcontractors are not in the FTE figures. An agency with 40 staff may in practice run with 70 people.
This agency files an abbreviated or micro scheme and therefore publishes no staff data. Seniority, turnover and hourly level cannot be derived. This is entirely legal and says nothing about quality.
The figures cover financial year 2025, filed on 31/08/2026. At a fast-moving agency reality today may differ.

Based on publicly filed annual accounts (NBB) and official records (CBE, Belgian Official Gazette). An indication, not financial advice. Sector medians calculated on 2 Nov 2026. Sector medians based on financial year 2025: the last year for which nearly all accounts have been filed.

What the agency actually does 2 services

Digital Experience & Tech

Website development Website strategy & UX

Sector focus

Public sector & governmentHealth & pharma

Publicly known clients

CycloparkingJecliquelocalPartenamut

Based on IKAg research and public sources. Incomplete or outdated? Let us know.

1

People 4 people mapped

A small team: short lines, little noise between you and the makers.

EH

Edgar Hujoel

Partner

NR

Nicolas Roosens

Head of innovation

RJ

Robin Joncheere

CEO Belgium

RV

Roel Verbeeck

Managing director

Based on public profiles. Something wrong? Let us know.

2

Seniors or juniors?

Payroll cost per FTE is the best public proxy for a team's experience level. Higher is not automatically better, but it says something about who sits at the table.

Payroll cost per FTE

€ 63.343

0% versus the median

Team composition

2,0 FTE

44% women
56% men

€ 63.343

Median Digitaal bureau (web & platform) (2025) € 63.343All agencies (2025) € 62.294

Read with care. Directors and partners invoicing through a management company are not in the payroll cost. At small agencies this skews the picture downwards considerably.

3

Will your team stay?

Inflow and outflow from the social report. This series only counts people on the payroll: freelancers who invoice do not appear in it. A low figure therefore means two very different things, a stable permanent team or a small core with heavy outsourcing. A high figure usually points to short contracts. Compare only within the same type of agency.

Exits 2024

115,4%

Median for this type of agency (2025): 27,9%

Inflow 2024

/

20212022202320242025

Figures for financial year 2024: in 2025 this agency published no inflow or outflow.

Exits are clearly above what is usual for this type of agency. That may reflect project-based staffing, but it is a reason to ask in the pitch how much of the proposed team was already here two years ago, and to contractually fix your permanent contacts.

Source: annual accounts and social reports (NBB), collected by IKAg. Financial year 2025. Calculations by IKAg; an indication, not financial advice. Sector medians based on financial year 2025: the last year for which nearly all accounts have been filed.