What is Content & Coffee specialised in?

Video production, Website development, Website strategy & UX.

How big is Content & Coffee?

Around 5 full-time equivalents (financial year 2025).

Review: Content & Coffee

Content & Coffee, opgericht in 2015, is een digitaal bureau (web & platform) uit Hoegaarden. Met ongeveer 5 VTE is dit een middelgroot bureau. Het aanbod bestrijkt webdevelopment, ux/ui design en video & productie. De klanten komen vooral uit brede b2b en digitale/web-projecten.

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

202320242025

Latest year: € 337.842 gross margin, growth -49,2% against a sector median of +3,1%.

Shrinking

MarginEBITDA / gross margin · value-added coverage

202320242025

Content & CoffeeSector median

EBITDA margin -12,4%, sector median 22,6%. Value-added coverage 0,89 (median 1,23).

Loss-making

Revenue per headGross margin per FTE, against payroll cost

€ 66.244

Median (2024) € 74.646

Against a payroll cost of € 74.360 per FTE. The ratio between the two is the coverage rate above.

Below the median

Yield levelYield per hour worked, against payroll cost

€ 48

Median (2024) € 46

7.057 hours worked, 1.384 per FTE. Against that sits € 54 of payroll cost per hour worked, leaving € -6 for premises, equipment, depreciation and profit.

Around the median

No hourly rate follows from this. Gross margin is already net of services and sundry goods, which mixes rebilled production with the agency's own overhead, and the accounts do not say how many hours were billable. Deriving a rate from this systematically understates it.

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: 4,7 months (median 5,3 mo). Equity in the latest year: € 148.334.

Adequate buffer

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

Cash € 220.637. Liquidity ratio 1,36: current assets cover short-term debt in full. Solvency 25,1%.

Amply covered

Payment behaviourTowards suppliers and towards the NBB

Trade payables correspond to 113 days of supplier credit, sector median 47. The accounts were filed 201 days after closing; the legal deadline is seven months.

Pays slower than average

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 Nov 2026 · Google Autocomplete
Zichtbaarheid verschoven · 1 Sep 2026 · Google Autocomplete
Zichtbaarheid verschoven · 1 Aug 2026 · Google Autocomplete
Sharp headcount decline · 31 Dec 2025 · NBB
Average headcount fell by 15% or more in a year. That can be contraction, and just as easily a deliberate choice for fewer but more experienced people. Ask who left and who came in their place.
Two consecutive loss-making years · 31 Dec 2025 · NBB
Two 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.
Low value-added coverage · 31 Dec 2025 · NBB
Every euro of payroll generates less than 95 cents of added value. That happens in a build-up year, with a lot of subcontracting, or under pressure on rates. Ask what explains it here.
+ 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 1,36)
Comfortable cash position: 212 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.

3 financial years, 2023 to 2025Result, staff and balance sheet

	2023	2024	2025
Result
Gross margin	€ 863.878	€ 665.396-23%	€ 337.842-49,2%
EBITDA	€ 84.224	€ -18.017	€ -41.792
EBITDA margin	9,7%	-2,7%	-12,4%
Staff
FTE	7,7	7,3-5,2%	5,1-30,1%
Gross margin per FTE	€ 112.192	€ 91.150	€ 66.244
Payroll cost per FTE	€ 101.042	€ 93.565	€ 74.360
Balance sheet
Equity	€ 55.166	€ 252.497	€ 148.334
Cash	€ 129.856	€ 214.570	€ 220.637
Liquidity ratio	1,14	1,25	1,36

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 20/07/2026. 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 2 Nov 2026. Sector medians based on financial year 2024: the last year for which nearly all accounts have been filed.

What the agency actually does 3 services

Content & Production

Video production

Digital Experience & Tech

Website development Website strategy & UX

Sector focus

Brede B2Bdigitale/web-projecten

From our own research. The agency hasn't listed its sectors yet.

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

1

People 1 people mapped

EC

Evren Ceyhan

Application wizard

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

€ 74.360

+24% versus the median

Team composition

5,1 FTE

€ 74.360

Median Digitaal bureau (web & platform) (2024) € 59.996All agencies (2024) € 59.021

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 2025

58,8%

Median for this type of agency (2024): 29,3%

Inflow 2025

/

202320242025

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 2024: the last year for which nearly all accounts have been filed.