Review: KDV - Language & More: meertalige communicatieboetiek

Van communicatie naar langetermijnrelatie... Veel organisaties communiceren. Maar weinig bedrijven bouwen echt aan een band. Bij KDV maken we van communicatie een langetermijnrelatie. Tussen jouw onderneming en de mensen die je wil bereiken.

Met een sterke strategie, impactvolle content en meertalige expertise brengen we structuur, rust en continuïteit in je communicatie. Geen losse acties, wel een verhaal dat klopt – over alle touchpoints heen.

KDV - Language & More ondersteunt al bijna 15 jaar meer dan 200 actieve klanten per jaar, en dat doen we met een drive en expertise van jewelste. Boetiekstijl wel, en dat is blijvend. Een bewuste keuze, om je naast daadkracht ook de luxe van authenticiteit en nabijheid te laten voelen. Want hoezeer wij meertalige communicatieprofi’s ook houden van tools en data… de menselijke kers op de taart maakt het verschil.

ContinuitySolid2,9 months of wages without income · median 2,9

littlea lot

SeniorityMixed profile€ 53.307 per FTE, € 4.442 a month · median € 60.147

juniorsenior

GrowthGrowing fast76,9% gross margin versus the previous year · median -1,3%

shrinkinggrowth

ProfitabilityAverage margin18,8% of gross margin remains as EBITDA · median 23,3%

thinample

Als KMO, grote organisatie of overheid veel te vertellen? Maar kom je zelf niet (meer) toe aan doordachte, consistente communicatie? KDV - Language & More helpt je impactvol communiceren. Van strategie tot uitvoering. Zowel in meertalige projecten als in structurele communicatie en business support trajecten, sinds 2012.

🔖Wanneer?

‣ Als je communicatie hapert

‣ Als content meertalig is

‣ Als content complex is

‣ Als content gevoelig is

🔖Hoe?

‣ Strategie & Communicatie - DNA-analyse, plan, uitvoering

‣ Content & Creatie - in elke gewenste taal, voor alle online & offline communicatiemedia, ook duurzaamheidsverslagen, personeelskranten, long-copy magazines en salontafelboeken via onze afdeling BookStories, inclusief graphic & media design

‣ Business Support - Marcom as a Service, Office management as a Service

🔖Voor wie?

‣ IT, industrie, logistiek

‣ Bouw, architectuur

‣ Overheid

‣ Interieur, design

‣ Hospitality, lifestyle

‣ Zorg

Ons team, en een beetje het jouwe

Achter KDV staat een vast kernteam van communicatie-, content- en business support professionals. Daarnaast werken we samen met een flexibel netwerk van specialisten die we inschakelen wanneer extra expertise nodig is.

Zo kunnen we voor elke opdracht de juiste mensen rond de tafel brengen. Van communicatieadviseurs en copywriters tot HR-experten, marketeers, projectmanagers en designers.

Geen log bureau met tientallen lagen. Wel een betrokken ploeg die meedenkt, meewerkt en mee verantwoordelijkheid neemt voor jouw verhaal. Klein genoeg voor korte lijnen. Groot genoeg voor complexe projecten.

Klanten: kmo's en grote bedrijven in IT, industrie en bouw met meertalige communicatienoden

Zelfomschreven cultuur: matuur, toegewijd, getting things done, expert

Referentieklanten: Ravago, Smulders, V-Sure, Etex, Dejond Fastening

Tech stack: Wordpress, Hubspot

Gepercipieerde concurrenten: boetiekbureaus

Ondernemingsnummer: 0827.454.639

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

2022202320242025

Latest year: € 250.501 gross margin, growth +76,9% against a sector median of -1,3%.

At or above sector pace

MarginEBITDA / gross margin · value-added coverage

2022202320242025

KDV LanguageSector median

EBITDA margin 18,8%, sector median 23,3%. Value-added coverage 1,24 (median 1,29).

Healthy margin

Revenue per headGross margin per FTE, against payroll cost

€ 69.584

Median (2024) € 80.450

Against a payroll cost of € 53.307 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 (2024) € 49

5.855 hours worked, 1.626 per FTE. Against that sits € 33 of payroll cost per hour worked, leaving € 10 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: 10,4 months (median 7,2 mo). Equity in the latest year: € 167.841.

Adequate buffer

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

Cash € 45.852. Liquidity ratio 1,03: current assets cover short-term debt in full. Solvency 33,7%.

Tightly covered

Payment behaviourTowards suppliers and towards the NBB

Trade payables correspond to 59 days of supplier credit, sector median 65. The accounts were filed 196 days after closing; the legal deadline is seven months.

Pays and files on time

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

No serious signals

Signals in the last 24 months

No signals in the last 24 months.

What this agency does well

Gross margin grew 3 years in a row
Profitable in every one of the last 4 years
Strong buffer: 10,4 months of payroll in equity
Team grew (+125,0% FTE in the latest year)
No warning signals in the last 24 months
Equity was earned, not injected (reserves 52,3× the capital contributed)
Comfortable cash position: 87 days of payroll
Turnover below the median (33,3%)

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.

4 financial years, 2022 to 2025Result, staff and balance sheet

	2022	2023	2024	2025
Result
Gross margin	€ 30.463	€ 71.805+135,7%	€ 141.609+97,2%	€ 250.501+76,9%
EBITDA	€ 28.421	€ 33.145	€ 30.436	€ 47.196
EBITDA margin	93,3%	46,2%	21,5%	18,8%
Staff
FTE	-	0,5	1,6+220%	3,6+125%
Gross margin per FTE	-	€ 143.610	€ 88.506	€ 69.584
Payroll cost per FTE	-	€ 61.643	€ 63.551	€ 53.307
Balance sheet
Equity	€ 111.749	€ 134.213	€ 152.262	€ 167.841
Cash	-	€ 90.933	€ 27.831	€ 45.852
Liquidity ratio	-	5,78	0,86	1,03

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 15/07/2026. 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 7 Aug 2026. Sector medians based on financial year 2024: the last year for which nearly all accounts have been filed.

What the agency actually does 14 services

Content & Production

Audio & podcasts Content strategy & editorial Copywriting & long-form content Photography Social-native content Translations & localisation

Social, Influencer & Community

Organic social content Social strategy & platform mix

Digital Experience & Tech

SEO & GEO

PR & Reputation

Corporate communication Crisis communication Sustainability & CSR communication Thought leadership & public affairs

Employer Brand & Internal

Internal communication

Sector focus

Public sector & governmentTravel & hospitalityReal estate & constructionTechnology & softwareEnergy & utilities

Publicly known clients

Studibo, AGePe Logistics Software, Belgoprocess, Smulders, Lindner Hotel Antwerp, Botanic Sanctuary Antwerp, Hoogstraten, Group Vanhout, Taeymans, Stad Turnhout, FOD Mobiliteit, AUHA, Dejond Metals, Zorgbedrijf Antwerpen, Siniat

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

€ 53.307

-11% versus the median

Team composition

3,6 FTE

€ 53.307

Median Contentbureau (2024) € 60.147All agencies (2024) € 59.090

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

33,3%

Median for this type of agency (2024): 54,5%

Inflow 2025

33,3%

1,2 FTE in, 1,2 FTE out

Net team change

0,0 FTE

202320242025

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 2024: the last year for which nearly all accounts have been filed.