Figure8
The content of this factsheet is in Dutch.
Figure8 is een digitaal bureau (web & platform) met thuisbasis in Gent. De opgegeven expertise is webdevelopment en ux/ui design. De klanten komen vooral uit kmo's, ngo's en organisaties.
Per-head and per-hour figures say too little here: too few people are on the payroll. This factsheet therefore shows growth, profitability and balance sheet.
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
Warnings active- Low value-added coverage · 31 Dec 2024 · NBBEvery euro of payroll generates less than 95 cents of added value. The team is not fully earning itself back.
- Loss-making year · 31 Dec 2024 · NBBA financial year closed at a loss. On its own that need not be alarming (investments, a lost client); watch for repetition.
What this agency does well
- Strong buffer: 19,3 months of payroll in equity
- Healthy working capital (current ratio 2,42)
- Equity was earned, not injected (reserves 16,6× the capital contributed)
- Comfortable cash position: 406 days of payroll
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 | € 47.000 | € 62.958+34% | € 105.376+67,4% | € 20.203-80,8% |
| EBITDA | € 40.000 | € 26.041 | € 64.614 | € -12.274 |
| EBITDA margin | 85,1% | 41,4% | 61,3% | -60,8% |
| Staff | ||||
| FTE | - | - | 1,0 | - |
| Gross margin per FTE | - | - | € 105.376 | - |
| Payroll cost per FTE | - | - | € 38.950 | - |
| Balance sheet | ||||
| Equity | € 35.000 | € 38.556 | € 79.494 | € 62.120 |
| Cash | - | € 41.424 | € 66.102 | € 42.951 |
| Liquidity ratio | - | 1,53 | 2,29 | 2,42 |
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 2024, filed on 30/07/2025. 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 27 Jul 2026. Sector medians based on financial year 2024: the last year for which nearly all accounts have been filed.
What the agency actually does 2 services
Sector focus
Based on IKAg research and public sources. Incomplete or outdated? Let us know.
People 3 people mapped
This is first a build crew — 2 of 3 are developers. Within that core, Frontend, Backend and Full Stack stand out. A small team: short lines, little noise between you and the makers.
Based on public profiles. Something wrong? Let us know.