How big is Mondial Gifts?

Around 4 full-time equivalents (financial year 2026).

Review: Mondial Gifts

Q: Who are the clients of Mondial Gifts?

Among others Carrefour, Proximus, Puratos, NVISO, AG Insurance, Colruyt, Delhaize.

Mondial Gifts is al ruim veertig jaar actief als bureau uit Ternat. Op de loonlijst staan ongeveer 4 voltijdse equivalenten. Tot de publiek bekende klanten behoren Carrefour, Proximus, Puratos en NVISO.

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

20222023202420252026

Latest year: € 420.414 gross margin, growth +1,3%.

At or above sector pace

MarginEBITDA / gross margin · value-added coverage

20222023202420252026

Mondial GiftsSector median

EBITDA margin 25,7%. Value-added coverage 1,35.

Healthy margin

Revenue per headGross margin per FTE, against payroll cost

€ 116.782

Against a payroll cost of € 86.180 per FTE. The ratio between the two is the coverage rate above.

No data

Yield levelYield per hour worked, against payroll cost

€ 66

6.340 hours worked, 1.761 per FTE. Against that sits € 49 of payroll cost per hour worked, leaving € 17 for premises, equipment, depreciation and profit.

No data

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: 24,6 months. Equity in the latest year: € 635.000.

Adequate buffer

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

Cash € 238.927. Liquidity ratio 2,59: current assets cover short-term debt in full. Solvency 63,6%.

Amply covered

Payment behaviourTowards suppliers and towards the NBB

Trade payables correspond to 165 days of supplier credit. The accounts were filed 170 days after closing; the legal deadline is seven months.

Pays and files on time

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

No serious signals

Signals in the last 24 months

No signals in the last 24 months.

What this agency does well

Strong buffer: 24,6 months of payroll in equity
No warning signals in the last 24 months
Healthy working capital (current ratio 2,59)
Equity was earned, not injected (reserves 5,4× the capital contributed)
Comfortable cash position: 281 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.

5 financial years, 2022 to 2026Result, staff and balance sheet

	2022	2023	2024	2025	2026
Result
Gross margin	€ 413.641	€ 369.274-10,7%	€ 615.081+66,6%	€ 415.167-32,5%	€ 420.414+1,3%
EBITDA	€ 4.668	€ 34.065	€ 252.586	€ 72.906	€ 108.227
EBITDA margin	1,1%	9,2%	41,1%	17,6%	25,7%
Staff
FTE	7,4	4,8-35,1%	4,6-4,2%	4,4-4,3%	3,6-18,2%
Gross margin per FTE	€ 55.897	€ 76.932	€ 133.713	€ 94.356	€ 116.782
Payroll cost per FTE	€ 55.171	€ 74.468	€ 78.762	€ 81.789	€ 86.180
Balance sheet
Equity	€ 804.494	€ 832.659	€ 635.000	€ 635.000	€ 635.000
Cash	€ 46.971	€ 241.215	€ 314.137	€ 322.998	€ 238.927
Liquidity ratio	2,44	2,42	1,60	2,87	2,59

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 2026, filed on 17/09/2026. 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.

Coming soon

We're working on this part of the factsheet.

Sector focus

Retail & e-commerceFinance & insuranceTelecomFood & beverageTechnology & software

Publicly known clients

CarrefourProximusPuratosNVISOAG InsuranceColruytDelhaize

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

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

€ 86.180

Team composition

3,6 FTE

€ 86.180

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 2025

22,7%

Inflow 2025

/

20222023202420252026

Figures for financial year 2025: in 2026 this agency published no inflow or outflow.

Source: annual accounts and social reports (NBB), collected by IKAg. Financial year 2026. Calculations by IKAg; an indication, not financial advice.