What is Team Lewis specialised in?

Campaign concepts & big ideas, Campaign execution, Paid social, Search advertising (SEA), Corporate communication, PR strategy & media relations.

How big is Team Lewis?

Around 20 full-time equivalents (financial year 2025).

Which sectors does Team Lewis work for?

Automotive & mobility, Public sector & non-profit, Technology & software.

Review: Team Lewis

Team Lewis is een pr- & communicatiebureau uit Antwerpen, actief sinds 1993. De bezetting ligt rond 20 VTE. Ze werken rond pr & communicatie, paid media (sea/social/display) en creatie & reclame. Team Lewis is een groepsentiteit binnen een grotere structuur.

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: € 1,72 mln gross margin, growth +4,3% against a sector median of +1,2%.

At or above sector pace

MarginEBITDA / gross margin · value-added coverage

2022202320242025

Team LewisSector median

EBITDA margin 15,6%, sector median 25,6%. Value-added coverage 1,19 (median 1,29).

Healthy margin

Revenue per headGross margin per FTE, against payroll cost

€ 87.339

Median (2025) € 83.630

Against a payroll cost of € 71.939 per FTE. The ratio between the two is the coverage rate above.

Around the median

Yield levelYield per hour worked, against payroll cost

€ 52

Median (2025) € 50

33.288 hours worked, 1.690 per FTE. Against that sits € 43 of payroll cost per hour worked, leaving € 9 for premises, equipment, depreciation and profit.

Around 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: 1,8 months. Equity in the latest year: € 213.645.

Group entity - see note

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

Cash -. Liquidity ratio 1,50: current assets cover short-term debt in full. Solvency 22,4%.

Amply covered

Payment behaviourTowards suppliers and towards the NBB

Trade payables correspond to 69 days of supplier credit, sector median 71. The accounts were filed 140 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

Zichtbaarheid verschoven · 1 Oct 2026 · Google Autocomplete
Zichtbaarheid verschoven · 1 Sep 2026 · Google Autocomplete
Zichtbaarheid verschoven · 1 Aug 2026 · Google Autocomplete
Zichtbaarheid verschoven · 1 Aug 2026 · Google Autocomplete
Board change · 24 Oct 2025 · 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.
Registered office moved · 23 Jan 2025 · Staatsblad
The registered office relocated. Usually just a new office.
+ 1 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

Healthy working capital (current ratio 1,50)
Turnover below the median (13,2%)

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	€ 1,96 mln	€ 1,91 mln-2,7%	€ 1,65 mln-13,4%	€ 1,72 mln+4,3%
EBITDA	€ 436.830	€ -107.610	€ 77.870	€ 268.814
EBITDA margin	22,3%	-5,6%	4,7%	15,6%
Staff
FTE	22,1	23,0+4,1%	21,0-8,7%	19,7-6,2%
Gross margin per FTE	€ 88.652	€ 82.846	€ 78.565	€ 87.339
Payroll cost per FTE	€ 67.706	€ 85.507	€ 72.401	€ 71.939
Balance sheet
Equity	€ 151.912	€ 23.674	€ 23.759	€ 213.645
Cash	€ 0	-	-	-
Liquidity ratio	1,15	1,06	1,10	1,50

Payroll cost per FTE comes from the social report where available, otherwise from the Remuneration line. Both are gross costs including employer contributions.

Group entity. This agency is a subsidiary of an (international) group. Thin equity at network subsidiaries is often group policy (management fees, dividends to the parent) rather than a distress signal. The buffer dimension is therefore not assessed.

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 18/12/2025. 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

Advertising & Campaigns

Campaign concepts & big ideas Campaign execution

Media

Paid social Search advertising (SEA)

PR & Reputation

Corporate communication PR strategy & media relations

Sector focus

tech, automotive, consumer/B2C, professional services, maatschappelijke organisaties & goede doelen

From our own research. The agency hasn't listed its sectors yet.

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

€ 71.939

+17% versus the median

Team composition

19,7 FTE

78% women
22% men

€ 71.939

Median PR- & communicatiebureau (2025) € 61.577All agencies (2025) € 62.294

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

13,2%

Median for this type of agency (2025): 35,1%

Inflow 2025

18,3%

3,6 FTE in, 2,6 FTE out

Net team change

+1,0 FTE

2022202320242025

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 2025: the last year for which nearly all accounts have been filed.