Branderij
The content of this factsheet is in Dutch.
Branderij bestaat sinds 1988 en profileert zich als brandingbureau uit Kuurne. Met ongeveer 9 VTE is dit een middelgroot bureau. De opgegeven expertises zijn strategie, branding & identiteit en creatie & reclame. Sectoren waar het bureau vaak werkt: groeigerichte kmo's; regio west-vlaanderen.
How this agency makes money
Revenue, margin and what an hour of work brings in. Everything on the earning side sits together here.
Can the agency take a hit
Buffer, cash position and payment behaviour side by side, so you can see where they disagree.
Signals and strengths
Events from the CBE and the Official Gazette over the past 24 months, plus positive markers derived from the figures.
Continuity
3 red flag(s) (24m)- Zichtbaarheid verschoven · 1 Sep 2026 · Google Autocomplete
- Zichtbaarheid verschoven · 1 Sep 2026 · Google Autocomplete
- Negative equity · 31 Dec 2025 · NBBDebts exceed assets. Sometimes a subordinated shareholder loan sits opposite that, sometimes not. Ask how the agency is covering this, and on what timescale.
- Critical buffer · 31 Dec 2025 · NBBEquity covers less than one month of payroll. At an agency that pays out its profit every year this means something different than at one that is losing money. Ask where the reserve sits.
- Sharp drop in equity · 31 Dec 2025 · NBBThe financial reserve shrank by more than 30% over two financial years. A dividend, buying out a partner and a loss-making year all look the same here. Ask which of the three it was.
- Two consecutive loss-making years · 31 Dec 2024 · NBBTwo financial years in a row closed at a loss. That can be an investment period, or a client that fell away. Ask what explains the pattern and what has changed since.
What this agency does well
- Gross margin grew 4 years in a row
- Stable team (no meaningful FTE loss)
- Margin per hour worked rose 3 years in a row
- Turnover below the median (33,7%)
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 | € 265.836 | € 358.624+34,9% | € 492.577+37,4% | € 738.156+49,9% | € 785.394+6,4% |
| EBITDA | € 8.886 | € -41.417 | € 49.999 | € 116.307 | € 154.833 |
| EBITDA margin | 3,3% | -11,5% | 10,2% | 15,8% | 19,7% |
| Staff | |||||
| FTE | 7,0 | 6,2-11,4% | 6,8+9,7% | 8,9+30,9% | 8,90% |
| Gross margin per FTE | € 37.977 | € 57.843 | € 72.438 | € 82.939 | € 88.247 |
| Payroll cost per FTE | € 51.850 | € 63.182 | € 64.680 | € 69.196 | € 70.214 |
| Balance sheet | |||||
| Equity | € 79.831 | € 28.111 | € 7.858 | € -6.923 | € -2.922 |
| Cash | € 51.382 | € 18.949 | € 24.903 | € 35.238 | € 53.544 |
| Liquidity ratio | 1,33 | 1,18 | 0,66 | 0,55 | 0,59 |
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.
- The figures cover financial year 2025, filed on 22/07/2026. 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 14 Sep 2026. Sector medians based on financial year 2024: the last year for which nearly all accounts have been filed.
What the agency actually does 5 services
Sector focus
Groeigerichte KMO's; regio West-Vlaanderen
From our own research. The agency hasn't listed its sectors yet.
Publicly known clients
Meeting Lab, Thermaheat, Pan-All, Beter Bed, Daily'cieux, Wijzer, Duponzoo, Paraaf, Airde, Trappen Demunster, MCW, Nestaan, Callens African Woods, Inagro, Weverij van Neder
Based on IKAg research and public sources. Incomplete or outdated? Let us know.
People 6 people mapped
We mapped 6 people, but this agency keeps job titles to itself — the team page sticks to names. Who does what is best asked over coffee.
Based on public profiles. Something wrong? Let us know.
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.
- 28% women
- 72% men
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.
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 2024: the last year for which nearly all accounts have been filed.
Frequently asked questions about Branderij
- When was Branderij founded?
- In 1988.
- Where is Branderij located?
- In Kuurne, Belgium.
- What is Branderij specialised in?
- Brand strategy & positioning, Marketing strategy, Brand identity & design, Campaign concepts & big ideas, Campaign execution.
- How big is Branderij?
- Around 9 full-time equivalents (financial year 2025).
- Who are the clients of Branderij?
- Among others Meeting Lab, Thermaheat, Pan-All, Beter Bed, Daily'cieux, Wijzer, Duponzoo, Paraaf, Airde, Trappen Demunster, MCW, Nestaan, Callens African Woods, Inagro, Weverij van Neder.
Figures from the annual accounts up to financial year 2025. Company details checked against the CBE register on 2026-09-12.