Where is Tipik located?

In Sint-Pieters-Woluwe, Belgium.

What is Tipik specialised in?

Campaign concepts & big ideas, Campaign execution, Corporate communication, PR strategy & media relations, Events & experiences.

Around 36 full-time equivalents (financial year 2024).

Review: Tipik

Q: Who are the clients of Tipik?

Among others European Commission, European External Action Service, BEFuture, EROSS SC, Formation continue UCLouvain.

Sinds 1988 is Tipik actief als pr- & communicatiebureau uit Sint-Pieters-Woluwe. De focus ligt op pr & communicatie, creatie & reclame en events. Tot de publiek bekende klanten behoren European Commission, European External Action Service, BEFuture en EROSS SC.

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

20202021202220232024

Latest year: € 6,70 mln gross margin, growth +70,2% against a sector median of -4,9%.

At or above sector pace

MarginEBITDA / gross margin · value-added coverage

20202021202220232024

TipikSector median

EBITDA margin 5,6%, sector median 21,8%. Value-added coverage 1,12 (median 1,22). 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

€ 188.785

Median (2025) € 83.630

Against a payroll cost of € 89.066 per FTE. The ratio between the two is the coverage rate above.

Above the median

Yield levelYield per hour worked, against payroll cost

€ 106

Median (2025) € 50

63.323 hours worked, 1.784 per FTE. Against that sits € 50 of payroll cost per hour worked, leaving € 56 for premises, equipment, depreciation and profit.

Above 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: 5,9 months (median 7,9 mo). Equity in the latest year: € 1,58 mln.

Adequate buffer

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

Cash € 4,57 mln. Liquidity ratio 1,11: current assets cover short-term debt in full. Solvency 13,3%.

Tightly covered

Payment behaviourTowards suppliers and towards the NBB

Trade payables correspond to 34 days of supplier credit, sector median 71. The accounts were filed 296 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

Points to ask about

Signals in the last 24 months

Zichtbaarheid verschoven · 1 Nov 2026 · Google Autocomplete
Board change · 8 Oct 2026 · 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.
Zichtbaarheid verschoven · 1 Sep 2026 · Google Autocomplete
Registered office moved · 11 Aug 2026 · Staatsblad
The registered office relocated. Usually just a new office.
Board change · 3 Apr 2026 · 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.
Late filing · 23 Oct 2025 · 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.
+ 2 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 2 years running
Margin per hour worked rose 2 years in a row
Equity was earned, not injected (reserves 2,2× the capital contributed)
Comfortable cash position: 528 days of payroll
Turnover below the median (28,5%)

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, 2020 to 2024Result, staff and balance sheet

	2020	2021	2022	2023	2024
Result
Gross margin	-	€ 3,49 mln	€ 1,87 mln-46,4%	€ 3,94 mln+110,3%	€ 6,70 mln+70,2%
EBITDA	€ 0	€ 154.993	€ -139.663	€ 628.411	€ 372.863
EBITDA margin	-	4,4%	-7,5%	16%	5,6%
Staff
FTE	-	48,7	45,2-7,2%	45,1-0,2%	35,5-21,3%
Gross margin per FTE	-	€ 71.699	€ 41.439	€ 87.325	€ 188.785
Payroll cost per FTE	-	€ 71.799	€ 68.289	€ 75.656	€ 89.066
Balance sheet
Equity	-	€ 944.220	€ 1,08 mln	€ 1,40 mln	€ 1,58 mln
Cash	-	€ 1,45 mln	€ 2,40 mln	€ 1,57 mln	€ 4,57 mln
Liquidity ratio	-	2,77	1,06	1,12	1,11

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.
This agency files an abbreviated or micro scheme and therefore publishes no staff data. Seniority, turnover and hourly level cannot be derived. This is entirely legal and says nothing about quality.
The figures cover financial year 2025, filed on 22/06/2026. 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 2025: the last year for which nearly all accounts have been filed.

What the agency actually does 5 services

Advertising & Campaigns

Campaign concepts & big ideas Campaign execution

PR & Reputation

Corporate communication PR strategy & media relations

Events, Sponsoring & Activation

Events & experiences

Sector focus

Public sector & government

Publicly known clients

European CommissionEuropean External Action ServiceBEFutureEROSS SCFormation continue UCLouvain

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

1

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 2024

28,5%

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

Inflow 2024

2,8%

1,0 FTE in, 10,1 FTE out

Net team change

-9,1 FTE

2021202220232024

Figures for financial year 2024: in 2025 this agency published no inflow or outflow.

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.