What is Gramma specialised in?

Brand strategy & positioning, Marketing strategy, Brand identity & design, Campaign concepts & big ideas, Campaign execution, Website strategy & UX.

Around 1 full-time equivalent (financial year 2024).

Review: Gramma

Q: Who are the clients of Gramma?

Among others FSMA, Amnesty International Vlaanderen, Greenyard, Fluvius, Transco Energy, Behoud de Begeerte, IBR-IRE, VREG, AZ Sint-Lucas Gent, FARYS, Artevelde Hogeschool Gent, Vlaamse Ouderenraad, Uitgeverij Houtekiet, De Standaard Uitgeverij, Synergrid.

Gramma werkt ruim dertig jaar als brandingbureau uit Antwerpen. De opgegeven expertises zijn strategie, branding & identiteit, creatie & reclame en ux/ui design. De ervaring zit vooral in breed b2b; corporate identity & communicatie.

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

2021202220232024

Latest year: € 14.577 gross margin, growth -80% against a sector median of +2,1%.

Shrinking

MarginEBITDA / gross margin · value-added coverage

2021202220232024

GrammaSector median

EBITDA margin 89,8%, sector median 28%. Value-added coverage - (median 1,30).

Healthy margin

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: - (median 8,3 mo). Equity in the latest year: € 149.877.

No buffer data

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

Cash € 113.595. Liquidity ratio 6,92: current assets cover short-term debt in full. Solvency 86,3%.

Amply covered

Payment behaviourTowards suppliers and towards the NBB

Trade payables correspond to 404 days of supplier credit, sector median 68. The accounts were filed 105 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

Points to ask about

Signals in the last 24 months

Zichtbaarheid verschoven · 1 Oct 2026 · Google Autocomplete
Zichtbaarheid verschoven · 1 Sep 2026 · Google Autocomplete
Zichtbaarheid verschoven · 1 Aug 2026 · Google Autocomplete
Board change · 11 May 2026 · 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.
Loss-making year · 31 Dec 2025 · NBB
One 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.
Registered office moved · 2 Jan 2025 · 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.

What this agency does well

EBITDA margin above the sector median (89,8%)
Profitable in every one of the last 4 years
Healthy working capital (current ratio 6,92)

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, 2021 to 2024Result, staff and balance sheet

	2021	2022	2023	2024
Result
Gross margin	€ 101.414	€ 86.595-14,6%	€ 72.939-15,8%	€ 14.577-80%
EBITDA	€ 59.402	€ 35.015	€ 47.768	€ 13.084
EBITDA margin	58,6%	40,4%	65,5%	89,8%
Staff
FTE	0,8	0,80%	-	-
Gross margin per FTE	€ 126.768	€ 108.243	-	-
Payroll cost per FTE	€ 50.936	€ 62.784	-	-
Balance sheet
Equity	€ 73.466	€ 102.135	€ 143.157	€ 149.877
Cash	€ 17.352	€ 26.016	€ 86.894	€ 113.595
Liquidity ratio	3,46	4,00	6,47	6,92

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.
This agency files an abbreviated or micro scheme and therefore publishes no staff data. Seniority, turnover and hourly level cannot be derived. This is entirely legal and says nothing about quality.
The figures cover financial year 2025, filed on 28/04/2026. 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 6 services

Strategy & Insights

Brand strategy & positioning Marketing strategy

Branding & Design

Brand identity & design

Advertising & Campaigns

Campaign concepts & big ideas Campaign execution

Digital Experience & Tech

Website strategy & UX

Sector focus

Energy & utilitiesFinance & insuranceMedia & entertainmentHealth & pharmaPublic sector & government

Publicly known clients

FSMA, Amnesty International Vlaanderen, Greenyard, Fluvius, Transco Energy, Behoud de Begeerte, IBR-IRE, VREG, AZ Sint-Lucas Gent, FARYS, Artevelde Hogeschool Gent, Vlaamse Ouderenraad, Uitgeverij Houtekiet, De Standaard Uitgeverij, Synergrid

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

Coming soon

We're working on this part of the factsheet.