Brandsbee
The content of this factsheet is in Dutch.
Brandsbee is een brandingbureau uit Zele, actief sinds 2000. De bezetting ligt rond 2 VTE. Het bureau combineert strategie, branding & identiteit, creatie & reclame en social media. Het zwaartepunt ligt bij opdrachtgevers uit ondernemers/kmo's.
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
4 red flag(s) (24m)- Zichtbaarheid verschoven · 1 Aug 2026 · Google Autocomplete
- 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.
- 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.
- Two consecutive loss-making years · 31 Dec 2025 · 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.
- 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.
- Board change · 15 Jan 2025 · StaatsbladAppointments or resignations on the board. Routine during growth, succession or a new partner. Ask about it when several changes follow each other closely.
- + 1 older signals within 24m
What this agency does well
- Gross margin grew 3 years in a row
- Stable team (no meaningful FTE loss)
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 | € 118.798 | € 87.775-26,1% | € 97.617+11,2% | € 98.951+1,4% | € 119.556+20,8% |
| EBITDA | € 24.431 | € 2.105 | € -2.180 | € 6.876 | € -3.217 |
| EBITDA margin | 20,6% | 2,4% | -2,2% | 6,9% | -2,7% |
| Staff | |||||
| FTE | 2,0 | 1,8-10% | 1,80% | 2,4+33,3% | 2,40% |
| Gross margin per FTE | € 59.399 | € 48.764 | € 54.232 | € 41.229 | € 49.815 |
| Payroll cost per FTE | € 46.694 | € 46.911 | € 54.697 | € 37.810 | € 50.637 |
| Balance sheet | |||||
| Equity | € 20.507 | € 10.883 | € 538 | € -11.146 | € -23.926 |
| Cash | € 2.524 | € 31.055 | € 15.578 | € 20.050 | € 11.807 |
| Liquidity ratio | 1,00 | 0,97 | 0,97 | 0,88 | 0,77 |
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 25/06/2026. 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 7 services
Sector focus
Publicly known clients
Nutri-Aging, Taxacibo, Caves de France, De Verffabriek, EDU Plus, Digital Dot, Travel Sensations, Kinemove, Kenny & Mason, Gemeente Zele, Unizo, Inter Fitness, Boomkracht, MVA Technologies, Ubora Advies
Based on IKAg research and public sources. Incomplete or outdated? 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.
- 100% women
- 0% 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.
Figures for financial year 2024: in 2025 this agency published no inflow or outflow.
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.
Frequently asked questions about Brandsbee
- When was Brandsbee founded?
- In 2000.
- Where is Brandsbee located?
- In Zele, Belgium.
- What is Brandsbee specialised in?
- Brand strategy & positioning, Marketing strategy, Brand identity & design, Campaign concepts & big ideas, Campaign execution, Organic social content.
- How big is Brandsbee?
- Around 2 full-time equivalents (financial year 2025).
- Who are the clients of Brandsbee?
- Among others Nutri-Aging, Taxacibo, Caves de France, De Verffabriek, EDU Plus, Digital Dot, Travel Sensations, Kinemove, Kenny & Mason, Gemeente Zele, Unizo, Inter Fitness, Boomkracht, MVA Technologies, Ubora Advies.
Figures from the annual accounts up to financial year 2025. Company details checked against the CBE register on 2026-10-13.