Mtea
Mtea is een fullservice marketingbureau uit Olsene met een team van 10. We combineren strategie, creatie en development om merken te laten groeien — Zowel online als offline.
The content of this factsheet is in Dutch.
Mtea is een fullservice marketingbureau uit Olsene met een team van 10. We combineren strategie, creatie en development om merken te laten groeien — Zowel online als offline.
Mtea, ook bekend als Astrix, is een fullservice marketingbureau met een hecht team van 10 specialisten. We begeleiden merken doorheen het volledige digitale traject: van strategische positionering en contentplanning tot de bouw en lancering van websites, webshops en digitale platformen.
Wat ons onderscheidt is de combinatie van strategisch denken en technische uitvoering onder één dak. We werken niet in silo's — strategie, design, copywriting en development zitten samen aan tafel, waardoor elk project consistent blijft van eerste concept tot livegang. Die aanpak vertaalt zich in projecten die zowel esthetisch sterk als technisch robuust zijn, met oog voor SEO, performance en gebruiksvriendelijkheid.
We werken voor klanten uit uiteenlopende sectoren en begeleiden zowel volledige merkvernieuwingen als gerichte trajecten zoals website-audits, integraties (zoals Katana-koppelingen) en migraties naar nieuwe platformen (zoals Craft naar Shopify). Onze schaal als klein, wendbaar team laat toe om snel te schakelen en nauw met de klant samen te werken, zonder de brede expertise van een groter bureau in te leveren.
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- Loss-making year · 30 Sep 2025 · 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.
- Board change · 19 Jun 2025 · StaatsbladAppointments or resignations on the board. Routine during growth, succession or a new partner. Ask about it when several changes follow each other closely.
What this agency does well
- EBITDA margin above the sector median (44,0%)
- Strong buffer: 19,2 months of payroll in equity
- Value-added per euro of payroll above the sector median (1,83)
- Healthy working capital (current ratio 1,67)
- Equity was earned, not injected (reserves 98,2× the capital contributed)
- Comfortable cash position: 573 days of payroll
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 | € 32.413 | € 144.679+346,4% | € 199.909+38,2% | € 175.205-12,4% |
| EBITDA | € 31.410 | € 60.769 | € 106.637 | € 77.111 |
| EBITDA margin | 96,9% | 42% | 53,3% | 44% |
| Staff | ||||
| FTE | - | 2,5 | - | 2,1 |
| Gross margin per FTE | - | € 57.872 | - | € 83.431 |
| Payroll cost per FTE | - | € 30.078 | - | € 44.196 |
| Balance sheet | ||||
| Equity | € 14.674 | € 36.968 | € 150.813 | € 148.766 |
| Cash | € 35.165 | € 2.723 | € 115.165 | € 145.702 |
| Liquidity ratio | 1,03 | 0,98 | 1,24 | 1,67 |
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 30/04/2026. 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 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 38 services
Sector focus
Publicly known clients
DSM Keukens, Ridestore, Stephex Events, Team SD WORX, Durafest, Afsluitingen Wille, Team Soudal-Quickstep, Leonidas Gistel, Petsolutions, Nextpower, aQuizien, Insolita, Tuuli Ice baths, Casa Calida, Relentless Rebels
Based on IKAg research and public sources. Incomplete or outdated? Let us know.
People 11 people mapped
We mapped 11 people, but this agency keeps job titles to itself — the team page sticks to names. Who does what is best asked over coffee.
Based on public profiles. Something wrong? 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.
- 50% women
- 50% men
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.
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 Mtea
- When was Mtea founded?
- In 2021.
- Where is Mtea located?
- In Wielsbeke, Belgium.
- What is Mtea specialised in?
- Data & martech strategy, Brand identity & design, Design systems & brand guidelines, Packaging design, Product & service design, Storytelling & narrative.
- How big is Mtea?
- Around 2 full-time equivalents (financial year 2025).
- Which sectors does Mtea work for?
- Hospitality & tourism.
- Who are the clients of Mtea?
- Among others DSM Keukens, Ridestore, Stephex Events, Team SD WORX, Durafest, Afsluitingen Wille, Team Soudal-Quickstep, Leonidas Gistel, Petsolutions, Nextpower, aQuizien, Insolita, Tuuli Ice baths, Casa Calida, Relentless Rebels.
Figures from the annual accounts up to financial year 2025. Company details checked against the CBE register on 2026-09-12.