Where is Duckmotion located?

In Watermaal-Bosvoorde, Belgium.

What is Duckmotion specialised in?

Campaign concepts & big ideas, Campaign execution, Video production.

How big is Duckmotion?

Around 13 full-time equivalents (financial year 2025).

Who are the clients of Duckmotion?

Among others Tipik, City of Brussels, Legal Village, LaSemo.

Review: Duckmotion

Duckmotion is al ruim tien jaar actief als productiehuis uit Watermaal-Bosvoorde. Met ongeveer 7 VTE is dit een middelgroot bureau. Het aanbod is gericht op video & productie en creatie & reclame. Sectorieel richt het bureau zich vooral op b2b en b2c, corporate communicatie en brede sectoren. Tot de publiek bekende klanten behoren Tipik, City of Brussels, Legal Village en LaSemo.

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

20212022202320242025

Latest year: € 895.057 gross margin, growth +46,4% against a sector median of 0%.

At or above sector pace

MarginEBITDA / gross margin · value-added coverage

20212022202320242025

DuckmotionSector median

EBITDA margin 25,9%, sector median 45,7%. Value-added coverage 1,35 (median 1,46).

Below sector level

Revenue per headGross margin per FTE, against payroll cost

€ 71.605

Median (2025) € 77.875

Against a payroll cost of € 46.789 per FTE. The ratio between the two is the coverage rate above.

Below the median

Yield levelYield per hour worked, against payroll cost

€ 43

Median (2025) € 48

20.939 hours worked, 1.675 per FTE. Against that sits € 28 of payroll cost per hour worked, leaving € 15 for premises, equipment, depreciation and profit.

Below 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: 2,1 months (median 9,9 mo). Equity in the latest year: € 115.322.

Thin buffer

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

Cash € 113.947. Liquidity ratio 0,89: current assets cover short-term debt not in full. Solvency 9%.

Not covered

Payment behaviourTowards suppliers and towards the NBB

Trade payables correspond to 25 days of supplier credit, sector median 58. The accounts were filed 273 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
Late filing · 31 Aug 2026 · 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.
Thin buffer · 31 Dec 2025 · NBB
Equity covers less than three months of payroll. A limited reserve, and at many smaller agencies the normal state of affairs. Ask how the agency absorbs a setback.
Late filing · 25 Sep 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.

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

Gross margin grew 4 years in a row
Outgrew the sector median 4 years running
Profitable in every one of the last 5 years
Comfortable cash position: 71 days of payroll

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, 2021 to 2025Result, staff and balance sheet

	2021	2022	2023	2024	2025
Result
Gross margin	€ 219.229	€ 272.803+24,4%	€ 440.303+61,4%	€ 611.232+38,8%	€ 895.057+46,4%
EBITDA	€ 44.382	€ 56.932	€ 119.058	€ 182.391	€ 231.841
EBITDA margin	20,2%	20,9%	27%	29,8%	25,9%
Staff
FTE	-	7,1	-	-	12,5
Gross margin per FTE	-	€ 38.423	-	-	€ 71.605
Payroll cost per FTE	-	€ 27.385	-	-	€ 46.789
Balance sheet
Equity	€ 23.409	€ 22.513	€ 48.666	€ 88.768	€ 115.322
Cash	€ 87.121	€ 121.611	€ 143.135	€ 123.905	€ 113.947
Liquidity ratio	0,89	0,88	1,27	0,85	0,89

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 30/09/2026. 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.

What the agency actually does 3 services

Advertising & Campaigns

Campaign concepts & big ideas Campaign execution

Content & Production

Video production

Sector focus

Media & entertainmentPublic sector & governmentFood & beverage

Publicly known clients

TipikCity of BrusselsLegal VillageLaSemo

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

€ 46.789

-15% versus the median

Team composition

12,5 FTE

35% women
65% men

€ 46.789

Median Productiehuis (2025) € 55.256All 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

34,4%

Median for this type of agency (2025): 30,8%

Inflow 2025

38,4%

4,8 FTE in, 4,3 FTE out

Net team change

+0,5 FTE

20222025

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.