We Are Digital
The content of this factsheet is in Dutch.
We Are Digital is een performance- & mediabureau uit Wilsele, actief sinds 2014. Met ongeveer 19 VTE is dit een groot bureau. Het aanbod bestrijkt paid media (sea/social/display), seo, data & analytics en crm & marketing automation. De klanten komen vooral uit overheid & onderwijs, vastgoed, social profit/circulaire economie en mediabeleid. Uit de publiek bekende klantenlijst: Onderwijs Vlaanderen, Van Roey Vastgoed, Kringwinkel en De influencerFAQ.
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
Points to ask about- Zichtbaarheid verschoven · 1 Oct 2026 · Google Autocomplete
- Late filing · 23 Sep 2026 · NBBThe 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 Sep 2026 · Google Autocomplete
- Zichtbaarheid verschoven · 1 Sep 2026 · Google Autocomplete
- Loss-making year · 31 Dec 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.
- Late filing · 6 Aug 2025 · NBBThe 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.
- + 1 older signals within 24m
What this agency does well
- Gross margin grew 4 years in a row
- Outgrew the sector median 3 years running
- Team grew (+5,7% FTE in the latest year)
- Margin per hour worked rose 3 years in a row
- Healthy working capital (current ratio 1,55)
- Turnover below the median (8,9%)
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 | € 729.456 | € 849.918+16,5% | € 1,08 mln+26,7% | € 1,34 mln+24,4% | € 1,50 mln+12,3% |
| EBITDA | € 144.902 | € 37.322 | € -23.577 | € 80.253 | € 52.473 |
| EBITDA margin | 19,9% | 4,4% | -2,2% | 6% | 3,5% |
| Staff | |||||
| FTE | 10,4 | 12,9+24% | 16,2+25,6% | 19,2+18,5% | 20,3+5,7% |
| Gross margin per FTE | € 70.140 | € 65.885 | € 66.453 | € 69.772 | € 74.113 |
| Payroll cost per FTE | € 55.768 | € 61.388 | € 62.640 | € 64.710 | € 70.348 |
| Balance sheet | |||||
| Equity | € 489.144 | € 480.618 | € 416.349 | € 428.970 | € 417.451 |
| Cash | € 261.136 | € 544.625 | € 508.075 | € 528.505 | € 76.023 |
| Liquidity ratio | 1,95 | 1,55 | 1,42 | 1,21 | 1,55 |
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 23/09/2026. 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.
Sector focus
Publicly known clients
Based on IKAg research and public sources. Incomplete or outdated? Let us know.
People 19 people mapped
A broad team with no clear centre of gravity — creative, strategy and digital marketing carry roughly equal weight. There are 4 strategists around — expect thinking first, pixels second.
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.
- 66% women
- 34% 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 2025: the last year for which nearly all accounts have been filed.
Frequently asked questions about We Are Digital
- When was We Are Digital founded?
- In 2014.
- Where is We Are Digital located?
- In Leuven, Belgium.
- What is We Are Digital specialised in?
- Paid social, Search advertising (SEA), SEO & GEO, CRM & lifecycle strategy, Marketing automation, Dashboards & reporting.
- How big is We Are Digital?
- Around 20 full-time equivalents (financial year 2025).
- Which sectors does We Are Digital work for?
- Construction & real estate, Energy & environment, Education & training, Public sector & non-profit, Telecom & media.
- Who are the clients of We Are Digital?
- Among others Onderwijs Vlaanderen, Van Roey Vastgoed, Kringwinkel, De influencerFAQ, Suez, Visit Leuven.
Figures from the annual accounts up to financial year 2025. Company details checked against the CBE register on 2026-10-13.