How big is Ovide Agency?

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

Which sectors does Ovide Agency work for?

Automotive & mobility, Retail & e-commerce, Technology & software, Telecom & media.

Review: Ovide Agency

Q: What is Ovide Agency specialised in?

Campaign concepts & big ideas, Campaign execution, Content strategy & editorial, Copywriting & long-form content, Corporate communication, PR strategy & media relations.

Q: Who are the clients of Ovide Agency?

Among others Netflix, Airbnb, Eurostar, Porsche, Snapchat, SodaStream, Odido.

Ovide Agency, opgericht in 2021, is een pr- & communicatiebureau uit Berchem. Met ongeveer 3 VTE is dit een klein bureau. Het bureau combineert pr & communicatie, creatie & reclame en content & copy. De klanten komen vooral uit tech/platformeconomie, mobiliteit, consumer brands en entertainment/media. Namen die publiek aan dit bureau gelinkt worden: Netflix, Airbnb, Eurostar en Porsche.

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: € 182.028 gross margin, growth +45,2% against a sector median of +1,2%.

At or above sector pace

MarginEBITDA / gross margin · value-added coverage

2022202320242025

Ovide AgencySector median

EBITDA margin 1,3%, sector median 25,6%. Value-added coverage 1,01 (median 1,29). Value-added coverage sits in the sector-wide grey zone (0.95-1.15): context, not an alarm.

Below sector level

Revenue per headGross margin per FTE, against payroll cost

€ 65.010

Median (2024) € 74.978

Against a payroll cost of € 63.631 per FTE. The ratio between the two is the coverage rate above.

Below the median

Yield levelYield per hour worked, against payroll cost

€ 37

Median (2024) € 47

4.962 hours worked, 1.772 per FTE. Against that sits € 36 of payroll cost per hour worked, leaving € 1 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: 0,1 months (median 12,2 mo). Equity in the latest year: € 1.244.

Critical buffer

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

Cash € 58.362. Liquidity ratio 1,03: current assets cover short-term debt in full. Solvency 1%.

Tightly covered

Payment behaviourTowards suppliers and towards the NBB

Trade payables correspond to 184 days of supplier credit, sector median 87. The accounts were filed 231 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 Sep 2026 · Google Autocomplete
Late filing · 19 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
Critical buffer · 31 Dec 2025 · NBB
Equity covers less than one month of payroll. At an agency that pays out its profit every year this means something different than at one that is losing money. Ask where the reserve sits.
Sharp drop in equity · 31 Dec 2025 · NBB
The financial reserve shrank by more than 30% over two financial years. A dividend, buying out a partner and a loss-making year all look the same here. Ask which of the three it was.
+ 3 older signals within 24m

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

Outgrew the sector median 3 years running
Team grew (+3,7% FTE in the latest year)
Comfortable cash position: 120 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	€ 38.383	€ 129.529+237,5%	€ 125.355-3,2%	€ 182.028+45,2%
EBITDA	€ -18.589	€ 24.717	€ -24.374	€ 2.286
EBITDA margin	-48,4%	19,1%	-19,4%	1,3%
Staff
FTE	1,4	2,0+42,9%	2,7+35%	2,8+3,7%
Gross margin per FTE	€ 27.416	€ 64.765	€ 46.428	€ 65.010
Payroll cost per FTE	€ 40.125	€ 52.026	€ 52.091	€ 63.631
Balance sheet
Equity	€ 5.181	€ 26.248	€ 836	€ 1.244
Cash	€ 33.050	€ 26.078	€ 35.855	€ 58.362
Liquidity ratio	1,08	1,40	0,92	1,03

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 19/08/2026. 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 2 Nov 2026. Sector medians based on financial year 2024: the last year for which nearly all accounts have been filed.

What the agency actually does 6 services

Advertising & Campaigns

Campaign concepts & big ideas Campaign execution

Content & Production

Content strategy & editorial Copywriting & long-form content

PR & Reputation

Corporate communication PR strategy & media relations

Sector focus

Media & entertainmentTravel & hospitalityTelecomAutomotive & mobilityTechnology & software

Publicly known clients

NetflixAirbnbEurostarPorscheSnapchatSodaStreamOdido

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

1

People 20 people mapped

We mapped 20 people, but this agency keeps job titles to itself — the team page sticks to names. Who does what is best asked over coffee.

B

Benthe

B

Birgitte

C

Charlotte

D

Dorien

E

Egon

F

Frederik

G

Gijs

J

Jet

J

Josje

J

Juul

K

Kitty

M

Margarita

M

Marieke

P

Pieter

R

Romy

S

Samantha

S

Shreya

S

Simon

T

Tijs

V

Veerle

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

€ 63.631

+2% versus the median

Team composition

2,8 FTE

€ 63.631

Median PR- & communicatiebureau (2024) € 62.663All agencies (2024) € 59.021

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

71,4%

Median for this type of agency (2024): 36,8%

Inflow 2025

35,7%

1,0 FTE in, 2,0 FTE out

Net team change

-1,0 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.