Sector · NACE 7311

Activities of advertising agencies

3,643 Belgian companies whose main activity falls under NACE code 7311 have filed annual accounts. Their median solvency is 46.1% for financial year 2024.

Companies3,643
Median solvency46.1%
Median equity61,170 €
Median headcount (FTE)2.9
Founded in the last 3 years315

Sector medians

Computed by Idonis

Distribution across the sector's companies for financial year 2024: a quarter of companies sit below the 1st quartile, half below the median, three quarters below the 3rd quartile.

Indicator1st quartileMedian3rd quartileCompanies
Solvency 15.2%46.1%72.0% 3,233
Current ratio 0.851.533.02 3,178
ROE -0.2%12.6%38.5% 2,739
Equity 12,650 €61,170 €193,342 € 3,268
Total assets 56,954 €158,194 €457,244 € 3,257
Net result −3,193 €7,049 €33,614 € 3,262
Headcount (avg FTE) 1.02.97.8 787

Medians computed by Idonis from annual accounts filed with the National Bank, all sizes combined. The same panel is the sector benchmark on every company page. Method

Largest companies: Activities of advertising agencies

Ranked by total assets in the latest filed accounts. This is a size criterion, not an assessment.

#Company Total assetsRevenue EquityFTEYear
1 Jcdecaux Street Furniture Belgium 1000 Brussels €431.3m €90.7m €316.8m 230.3 2025
2 WPP Media Belgium 1210 Saint-Josse-ten-Noode €158.6m €401.9m €1.43m 82.1 2025
3 Omnicom Media Belgium 1560 Hoeilaart €95.6m €213.6m €15.6m 115.0 2025
4 InSites Compages 9000 Ghent €88.1m €19.7m €2.76m 31.7 2025
5 Bauer Media Outdoor Belgium 1800 Vilvoorde €72.2m €71.0m €24.4m 214.1 2025
6 Vlaamse Audiovisuele Regie 1932 Zaventem €71.2m €107.9m €10.7m 48.4 2025
7 Omnicom Media Group 1560 Hoeilaart €68.1m €119.5m €1.84m 34.6 2025
8 MMS Communications Belgium 1210 Saint-Josse-ten-Noode €61.1m €32.5m −€8.19m 200.5 2025
9 Regie Media Belge 1160 Auderghem €58.5m €106.0m €16.9m 89.4 2025
10 MGA Entertainment Belgium 2018 Antwerp €52.8m €43.1m €9.27m 3.9 2025
11 Space 1160 Auderghem €46.4m €141.7m 701,110 € 69.4 2025
12 Omnicom Advertising Group Belgium 1930 Zaventem €45.1m €30.0m €23.9m 75.6 2025
13 Havas Media Belgium 1000 Brussels €36.8m €98.3m 45,837 € 59.2 2024
14 BD Media 2880 Bornem €32.1m €61.6m 311,126 € 188.8 2025
15 JCDecaux Belgium 1000 Brussels €31.3m — €1.91m — 2025
16 Mediaplus Belgium 1150 Woluwe-Saint-Pierre €30.6m €47.1m 140,250 € 28.8 2025
17 T.B.W.A. 1930 Zaventem €29.6m €29.8m 570,468 € 74.5 2025
18 Springbok 2800 Mechelen €27.4m €15.9m €5.20m 73.7 2025
19 Vlaams Centrum voor Agro- en Visserijmarketing 1000 Brussels €26.9m €17.0m €19.5m 60.7 2025
20 Kinesso Belgium 1560 Hoeilaart €24.7m €28.0m €20.3m 8.8 2025

“—”: not published. Small companies (micro and abridged accounts) do not have to publish their revenue.

See all 3,643 companies, full list →

Where are they based?

  • Antwerp803
  • Brussels-Capital650
  • Flemish Brabant445
  • East Flanders410
  • Walloon Brabant294
  • West Flanders273
  • Limburg252
  • Hainaut189
  • Liège187
  • Namur106
  • Luxembourg34

Municipalities with the most

Related sectors

← The whole Activities of advertising, market research and public relations sector (NACE 73)

Frequently asked questions

How many Activities of advertising agencies companies are there in Belgium?

3,643 Belgian companies whose main activity falls under NACE code 7311 (Activities of advertising agencies) have filed annual accounts with the National Bank.

What is the median solvency in Activities of advertising agencies?

For financial year 2024, median solvency (equity over total assets) is 46.1%. The middle half of companies lies between 15.2% and 72.0% (3,233 companies).

What is the largest company in Activities of advertising agencies?

By total assets, it is Jcdecaux Street Furniture Belgium (€431.3m, financial year 2025).

Where are Activities of advertising agencies companies based?

The municipalities with the most: Ixelles (103), Uccle (95), Antwerp (88).

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Active companies (legal entities) that have filed at least one set of annual accounts, based on the Crossroads Bank for Enterprises and the National Bank of Belgium. The sector is the main activity in the register; the municipality is that of the registered office. Data updated on 14 Nov 2026.