Brandle
The content of this factsheet is in Dutch.
Brandle, opgericht in 1997, is een ux- & designstudio uit Beerse. Het team telt ongeveer 8 medewerkers (VTE). Het bureau combineert ux/ui design, strategie, branding & identiteit en webdevelopment. De klanten komen vooral uit breed b2b en regio kempen/antwerpen.
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
3 red flag(s) (24m)- Board change · 4 Mar 2026 · StaatsbladAppointments 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 · 13 Feb 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.
- Critical buffer · 31 Dec 2024 · NBBEquity 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.
- Two consecutive loss-making years · 31 Dec 2024 · NBBTwo financial years in a row closed at a loss. That can be an investment period, or a client that fell away. Ask what explains the pattern and what has changed since.
- Negative equity · 31 Dec 2024 · NBBDebts exceed assets. Sometimes a subordinated shareholder loan sits opposite that, sometimes not. Ask how the agency is covering this, and on what timescale.
- Late filing · 18 Nov 2024 · 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.
What this agency does well
- Equity was earned, not injected (reserves 7,6× the capital contributed)
- Turnover below the median (22,8%)
All the figures
Reference material, not a starting point. Expand it if you want to read the series yourself.
4 financial years, 2021 to 2024Result, staff and balance sheet
| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Result | ||||
| Gross margin | € 236.202 | € 642.433+172% | € 232.160-63,9% | € 641.132+176,2% |
| EBITDA | € -399.066 | € 20.181 | € -352.347 | € 30.136 |
| EBITDA margin | - | 3,1% | - | 4,7% |
| Staff | ||||
| FTE | 10,1 | 9,7-4% | 8,5-12,4% | 7,9-7,1% |
| Gross margin per FTE | € 23.386 | € 66.230 | € 27.313 | € 81.156 |
| Payroll cost per FTE | € 62.685 | € 64.096 | € 68.627 | € 77.138 |
| Balance sheet | ||||
| Equity | € -823.813 | € -909.802 | € -1,29 mln | € -1,30 mln |
| Cash | € 1,36 mln | € 2,02 mln | € 0 | - |
| Liquidity ratio | 0,67 | 0,73 | 0,29 | 0,27 |
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 2024, filed on 13/02/2026. 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 5 services
Sector focus
Publicly known clients
RaamSelect, HS Horse, RDK, Ghiant, Piglait, TastyFit, Antonissen, Vrints, Zoetis, Samsonite / American Tourister, AGFA, De Pastorie, Grohe, 2 Move On, Norta
Based on IKAg research and public sources. Incomplete or outdated? Let us know.
People 10 people mapped
The heart of this team is creative: 6 of 10 profiles are makers. Within that core, Design, Art Direction and Copywriting stand out. Notably, no declared strategists in sight — this agency would rather make than philosophise.
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.
- 21% women
- 79% 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 2024. 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.
Frequently asked questions about Brandle
- When was Brandle founded?
- In 1997.
- Where is Brandle located?
- In Beerse, Belgium.
- What is Brandle specialised in?
- Brand strategy & positioning, Marketing strategy, Brand identity & design, Website development, Website strategy & UX.
- How big is Brandle?
- Around 8 full-time equivalents (financial year 2024).
- Who are the clients of Brandle?
- Among others RaamSelect, HS Horse, RDK, Ghiant, Piglait, TastyFit, Antonissen, Vrints, Zoetis, Samsonite / American Tourister, AGFA, De Pastorie, Grohe, 2 Move On, Norta.
Figures from the annual accounts up to financial year 2024. Company details checked against the CBE register on 2026-10-13.