What is Fuss Agency specialised in?

Content strategy & editorial, Copywriting & long-form content, Video production, Organic social content, Social strategy & platform mix.

How big is Fuss Agency?

Around 3 full-time equivalents (financial year 2025).

Review: Fuss Agency

Q: Who are the clients of Fuss Agency?

Among others Truvion Healthcare, Cocoa Horizons Foundation, Callebaut, Barry Callebaut Group, Projective Group Institute, Mylène, Storo, Atelier Co-Pains, Wolters Kluwer, Live Light, Antwerp Design Week, Scholengroep VLOT, Bosman Woningbouw, Georg Fischer Piping Systems BE, Upthrust.

Vanuit Antwerpen werkt Fuss Agency sinds 2021 als productiehuis. Er werken ongeveer 4 mensen, uitgedrukt in voltijdse equivalenten. Het bureau combineert video & productie, content & copy en social media. Het zwaartepunt ligt bij opdrachtgevers uit organisaties en leiders en merken (breed).

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

2022202320242025

Latest year: € 212.645 gross margin, growth -9,7% against a sector median of +11,2%.

Shrinking

MarginEBITDA / gross margin · value-added coverage

2022202320242025

Fuss AgencySector median

EBITDA margin 20,7%, sector median 41,6%. Value-added coverage 1,26 (median 1,44).

Below sector level

Revenue per headGross margin per FTE, against payroll cost

€ 62.543

Median (2024) € 70.773

Against a payroll cost of € 49.270 per FTE. The ratio between the two is the coverage rate above.

Below the median

Yield levelYield per hour worked, against payroll cost

€ 38

Median (2024) € 43

5.605 hours worked, 1.649 per FTE. Against that sits € 30 of payroll cost per hour worked, leaving € 8 for premises, equipment, depreciation and profit.

Below 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: 1,4 months (median 9,2 mo). Equity in the latest year: € 20.000.

Thin buffer

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

Cash € 63.614. Liquidity ratio 1,29: current assets cover short-term debt in full. Solvency 10,6%.

Amply covered

Payment behaviourTowards suppliers and towards the NBB

Trade payables correspond to 85 days of supplier credit, sector median 43. The accounts were filed 240 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

Points to ask about

Signals in the last 24 months

Zichtbaarheid verschoven · 1 Sep 2026 · Google Autocomplete
Late filing · 28 Aug 2026 · NBB
The 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.
Zichtbaarheid verschoven · 1 Aug 2026 · Google Autocomplete
Thin buffer · 31 Dec 2025 · NBB
Equity covers less than three months of payroll. A limited reserve, and at many smaller agencies the normal state of affairs. Ask how the agency absorbs a setback.
Late filing · 26 Sep 2025 · NBB
The 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.
Board change · 26 Feb 2025 · Staatsblad
Appointments or resignations on the board. Routine during growth, succession or a new partner. Ask about it when several changes follow each other closely.

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

Profitable in every one of the last 4 years
Margin per hour worked rose 2 years in a row
Healthy working capital (current ratio 1,29)
Comfortable cash position: 139 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.

4 financial years, 2022 to 2025Result, staff and balance sheet

	2022	2023	2024	2025
Result
Gross margin	€ 46.119	€ 147.207+219,2%	€ 235.596+60%	€ 212.645-9,7%
EBITDA	€ 21.519	€ 17.969	€ 81.212	€ 44.007
EBITDA margin	46,7%	12,2%	34,5%	20,7%
Staff
FTE	1,3	3,6+176,9%	3,9+8,3%	3,4-12,8%
Gross margin per FTE	€ 35.476	€ 40.891	€ 60.409	€ 62.543
Payroll cost per FTE	€ 18.046	€ 35.754	€ 39.317	€ 49.270
Balance sheet
Equity	€ 12.688	€ 14.789	€ 30.000	€ 20.000
Cash	€ 16.594	€ 16.443	€ 3.895	€ 63.614
Liquidity ratio	2,49	1,57	1,40	1,29

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 28/08/2026. 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 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

Content & Production

Content strategy & editorial Copywriting & long-form content Video production

Social, Influencer & Community

Organic social content Social strategy & platform mix

Sector focus

Health & pharmaFMCGFood & beverageFashion & lifestyleB2B services

Publicly known clients

Truvion Healthcare, Cocoa Horizons Foundation, Callebaut, Barry Callebaut Group, Projective Group Institute, Mylène, Storo, Atelier Co-Pains, Wolters Kluwer, Live Light, Antwerp Design Week, Scholengroep VLOT, Bosman Woningbouw, Georg Fischer Piping Systems BE, Upthrust

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

1

People 6 people mapped

The heart of this team is creative: 4 of 6 profiles are makers. Within that core, Design, Art Direction and Copywriting stand out. The titles skew top-heavy: lots of seniority, few juniors — you're mostly buying experience. A specialist, not a generalist: the expertise is narrow but deep.

C

Chris

Art Director

D

Dorien

Content Director

N

Niels

Managing Partner

A

Anne

Social Media Specialist

H

Hiên

Videographer

S

Saskia

Graphic Designer

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

€ 49.270

-3% versus the median

Team composition

3,4 FTE

€ 49.270

Median Productiehuis (2024) € 50.899All agencies (2024) € 59.069

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): 30,3%

Inflow 2025

26,5%

0,9 FTE in, 2,0 FTE out

Net team change

-1,1 FTE

2022202320242025

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.