Dev+
The content of this factsheet is in Dutch.
Dev+ is een digitaal bureau (web & platform) met thuisbasis in Laarne, opgericht in 2015. Het bureau combineert webdevelopment, ai & automatisering, e-commerce en ux/ui design. Namen die publiek aan dit bureau gelinkt worden: Immo Brown en Vlaamse Stichting Verkeerskunde.
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
No serious signals- Late filing · 27 Aug 2026 · NBBThe 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.
- Loss-making year · 31 Dec 2024 · NBBOne financial year closed at a loss. The size is not shown here: it can be a few thousand euros, a one-off settlement, or a deliberate investment. Ask the agency what was behind it.
What this agency does well
- EBITDA margin above the sector median (34,2%)
- Strong buffer: 10,7 months of payroll in equity
- Value-added per euro of payroll above the sector median (1,53)
- Healthy working capital (current ratio 1,77)
- Equity was earned, not injected (reserves 3,5× the capital contributed)
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 | € 87.446 | € 106.594+21,9% | € 131.069+23% | € 77.015-41,2% | € 124.384+61,5% |
| EBITDA | € 19.837 | € 39.063 | € 55.889 | € -80 | € 42.502 |
| EBITDA margin | 22,7% | 36,6% | 42,6% | -0,1% | 34,2% |
| Staff | |||||
| FTE | 0,8 | 0,80% | 0,80% | 0,9+12,5% | 0,8-11,1% |
| Gross margin per FTE | € 109.308 | € 133.242 | € 163.836 | € 85.572 | € 155.480 |
| Payroll cost per FTE | € 78.072 | € 81.585 | € 90.714 | € 84.240 | € 100.715 |
| Balance sheet | |||||
| Equity | € 61.533 | € 76.562 | € 84.073 | € 56.801 | € 71.932 |
| Cash | € 41.738 | € 40.161 | € 24.471 | € 10.182 | € 9.707 |
| Liquidity ratio | 2,12 | 1,60 | 1,68 | 1,51 | 1,77 |
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 27/08/2026. 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 21 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
Publicly known clients
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.
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 Dev+
- When was Dev+ founded?
- In 2015.
- Where is Dev+ located?
- In Laarne, Belgium.
- What is Dev+ specialised in?
- AI & innovation strategy, E-commerce (incl. payment), Mobile apps & PWAs, Website development, Website strategy & UX.
- How big is Dev+?
- Around 1 full-time equivalent (financial year 2025).
- Which sectors does Dev+ work for?
- Technology & software.
- Who are the clients of Dev+?
- Among others Immo Brown, Vlaamse Stichting Verkeerskunde.
Figures from the annual accounts up to financial year 2025. Company details checked against the CBE register on 2026-09-12.