How big is Diplostudio?

Around 1 full-time equivalent (financial year 2023).

Review: Diplostudio

Diplostudio is een digitaal bureau (web & platform) met thuisbasis in Mons, opgericht in 2016.

Awards

2× Feweb Excellence Awards

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

202120222023

Latest year: € 153.644 gross margin, growth -39% against a sector median of +12,9%.

Shrinking

MarginEBITDA / gross margin · value-added coverage

202120222023

DiplostudioSector median

EBITDA margin 54,8%, sector median 16,9%. Value-added coverage 2,47 (median 1,16).

Healthy margin

Revenue per headGross margin per FTE, against payroll cost

€ 118.188

Median (2023) € 69.968

Against a payroll cost of € 44.178 per FTE. The ratio between the two is the coverage rate above.

Above the median

Yield levelYield per hour worked, against payroll cost

€ 70

Median (2023) € 42

2.207 hours worked, 1.698 per FTE. Against that sits € 26 of payroll cost per hour worked, leaving € 44 for premises, equipment, depreciation and profit.

Above 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: -22,7 months (median 5,0 mo). Equity in the latest year: € -108.799.

Critical buffer

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

Cash € 77.861. Liquidity ratio 0,91: current assets cover short-term debt not in full. Solvency -34,5%.

Tightly covered

Payment behaviourTowards suppliers and towards the NBB

Trade payables correspond to 97 days of supplier credit, sector median 46. The accounts were filed 255 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 Nov 2026 · Google Autocomplete
Zichtbaarheid verschoven · 1 Nov 2026 · Google Autocomplete
Change in legal status · 17 Aug 2026 · KBO
The official status of the company in the CBE changed. That ranges from an administrative correction to something very serious. Check the details and ask the agency for context.
Registered office moved · 23 Feb 2026 · Staatsblad
The registered office relocated. Usually just a new office.

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.

Legal status (CBE): Opening faillissement

What this agency does well

EBITDA margin above the sector median (54,8%)
Value-added per euro of payroll above the sector median (2,47)
Margin per hour worked rose 2 years in a row
Comfortable cash position: 495 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, 2021 to 2023Result, staff and balance sheet

	2021	2022	2023
Result
Gross margin	€ 61.733	€ 252.061+308,3%	€ 153.644-39%
EBITDA	€ -34.518	€ 89.839	€ 84.248
EBITDA margin	-55,9%	35,6%	54,8%
Staff
FTE	3,2	3,4+6,3%	1,3-61,8%
Gross margin per FTE	€ 19.291	€ 74.136	€ 118.188
Payroll cost per FTE	€ 27.978	€ 38.685	€ 44.178
Balance sheet
Equity	€ -186.946	€ -141.217	€ -108.799
Cash	€ 55.145	€ 35.121	€ 77.861
Liquidity ratio	0,46	0,79	0,91

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 2023, filed on 11/09/2024. 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 2023: the last year for which nearly all accounts have been filed.

Coming soon

We're working on this part of the factsheet.

Coming soon

We're working on this part of the factsheet.

1

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

€ 44.178

-21% versus the median

Team composition

1,3 FTE

€ 44.178

Median Digitaal bureau (web & platform) (2023) € 55.792All agencies (2023) € 57.168

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.

2

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 2023

/

Median for this type of agency (2023): 29,0%

Inflow 2023

76,9%

202120222023

Source: annual accounts and social reports (NBB), collected by IKAg. Financial year 2023. Calculations by IKAg; an indication, not financial advice. Sector medians based on financial year 2023: the last year for which nearly all accounts have been filed.

Award-winning work 2 award(s)

2018

Feweb Excellence Awards SilverNon-Profit · “transportenvironment.be” · source ↗

2017

Feweb Excellence Awards BronzeBusiness-to-Business · “studiowoy.be” · source ↗

As published by the organising award shows, collected by IKAg.