Studio Emma
The content of this factsheet is in Dutch.
Studio Emma, opgericht in 2003, is een digitaal bureau (web & platform) uit Sint-Kruis. Het team telt ongeveer 24 medewerkers (VTE). Het bureau combineert webdevelopment, data & analytics, crm & marketing automation en ux/ui design. Namen die publiek aan dit bureau gelinkt worden: JAVA Coffee, Richa, Tom&Co en MyComfort24.
2× Feweb Excellence Awards
2× WebAward.beHow 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
4 red flag(s) (24m)- Zichtbaarheid verschoven · 1 Nov 2026 · Google Autocomplete
- Zichtbaarheid verschoven · 1 Nov 2026 · Google Autocomplete
- Zichtbaarheid verschoven · 1 Oct 2026 · Google Autocomplete
- Zichtbaarheid verschoven · 1 Sep 2026 · Google Autocomplete
- Zichtbaarheid verschoven · 1 Sep 2026 · Google Autocomplete
- Zichtbaarheid verschoven · 1 Aug 2026 · Google Autocomplete
- + 9 older signals within 24m
What this agency does well
- Turnover below the median (20,1%)
- Invests in training (20 hours per FTE)
All the figures
Reference material, not a starting point. Expand it if you want to read the series yourself.
5 financial years, 2021 to 2025Result, staff and balance sheet
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Result | |||||
| Gross margin | € 1,78 mln | € 1,78 mln-0,3% | € 1,89 mln+6,3% | € 1,83 mln-2,8% | € 1,78 mln-3% |
| EBITDA | € 142.168 | € 142.163 | € -209.240 | € -216.832 | € -443.087 |
| EBITDA margin | 8% | 8% | -11,1% | -11,8% | -24,9% |
| Staff | |||||
| FTE | 28,7 | 28,2-1,7% | 27,0-4,3% | 25,6-5,2% | 23,9-6,6% |
| Gross margin per FTE | € 62.045 | € 62.983 | € 69.936 | € 71.673 | € 74.479 |
| Payroll cost per FTE | € 56.708 | € 57.503 | € 75.203 | € 79.846 | € 92.879 |
| Balance sheet | |||||
| Equity | € 343.737 | € 334.827 | € 63.656 | € -237.389 | € 85.302 |
| Cash | € 292.072 | € 264.388 | € 191.953 | € 123.596 | € 186.430 |
| Liquidity ratio | 0,96 | 0,94 | 0,91 | 0,68 | 1,02 |
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 25/06/2026. 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.
Sector focus
Publicly known clients
Based on IKAg research and public sources. Incomplete or outdated? Let us know.
People 24 people mapped
This is first a build crew — 14 of 24 are developers. Within that core, Backend, QA/Testing and Design 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.
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.
- 22% women
- 78% 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.
Award-winning work 4 award(s)
As published by the organising award shows, collected by IKAg.
Frequently asked questions about Studio Emma
- When was Studio Emma founded?
- In 2003.
- Where is Studio Emma located?
- In Brugge, Belgium.
- What is Studio Emma specialised in?
- Website development, Website strategy & UX, CRM & lifecycle strategy, Marketing automation, Dashboards & reporting, Data science & analytics (incl. predictive modelling).
- How big is Studio Emma?
- Around 24 full-time equivalents (financial year 2025).
- Which sectors does Studio Emma work for?
- Retail & e-commerce.
- Who are the clients of Studio Emma?
- Among others JAVA Coffee, Richa, Tom&Co, MyComfort24, Braem, Arseus Lab.
Figures from the annual accounts up to financial year 2025. Company details checked against the CBE register on 2026-10-13.