ACTIVE

BIRDCAGE

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Financial year 2025 · closed on 31/03/2025

Net result

10,4 k €

-21.4% YoY

Gross margin

26,3 k €

-9.8% YoY

Equity

60,3 k €

+20.9% YoY

What does BIRDCAGE do?

BIRDCAGE is a Private limited company incorporated in 2007. Its main activity is: Organisation of conventions and trade shows. Its registered office is in Nazareth-De Pinte.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0887.144.974

Incorporation

09/02/2007

Legal form

Private limited company

Registered office

Berkenlaan 1A
9840 Nazareth-De Pinte · FlandreSee on map

Contributed capital

8 060,00 €

Latest accounts

31/03/2025

Activities (NACE)

82300Organisation of conventions and trade shows· main 82300Organisation of conventions and trade shows 85599Other education n.e.c.85599Other education n.e.c.

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	26,3 k €	-9.8%	29,2 k €	-23.1%	37,9 k €	+109%	18,1 k €	+0.2%	18,1 k €	-22.5%	23,3 k €	-51.9%	48,5 k €	+67.6%	28,9 k €	+74.3%	16,6 k €	-25.6%	22,3 k €	+56.3%	14,3 k €	-62.2%	37,7 k €	+221%	-31,2 k €	-232%	23,7 k €	-67.1%	72 k €	+40.7%	51,2 k €	+366%	11 k €	-9.7%	12,2 k €
EBITDA	25,5 k €	-9.4%	28,1 k €	-23.6%	36,8 k €	+111%	17,4 k €	+21.0%	14,4 k €	-36.1%	22,5 k €	-61.6%	58,6 k €	+240%	17,2 k €	+5.0%	16,4 k €	+41.9%	11,6 k €	+85.9%	6,2 k €	-83.2%	36,9 k €	+178%	-47,3 k €	-6000%	802,2 €	-98.4%	49,5 k €	+55.1%	31,9 k €	+566%	4,8 k €	-45.7%	8,8 k €
Operating result	17,9 k €	-11.2%	20,2 k €	-31.8%	29,5 k €	+163%	11,2 k €	+34.0%	8,4 k €	-49.7%	16,6 k €	-69.3%	54,2 k €	+299%	13,6 k €	+6.4%	12,8 k €	+116%	5,9 k €	+358%	1,3 k €	-95.9%	31,5 k €	+170%	-45,3 k €	-507%	-7,5 k €	-158%	12,9 k €	-17.5%	15,6 k €	+353%	-6,2 k €	-351%	2,5 k €
Net result	10,4 k €	-21.4%	13,3 k €	-36.8%	21 k €	+217%	6,6 k €	+7.7%	6,2 k €	-48.6%	12 k €	-72.6%	43,8 k €	+533%	6,9 k €	-35.9%	10,8 k €	+133%	4,6 k €	+824%	499,7 €	-98.0%	25,2 k €	+151%	-49,7 k €	-221%	-15,5 k €	-694%	2,6 k €	-48.3%	5 k €	+154%	-9,4 k €	-2154%	455,6 €
Balance sheet
Equity	60,3 k €	+20.9%	49,9 k €	-25.1%	66,6 k €	+46.0%	45,6 k €	+17.0%	39 k €	+18.7%	32,8 k €	+51.6%	21,6 k €	+265%	-13,1 k €	+34.5%	-20,1 k €	+35.0%	-30,8 k €	+13.0%	-35,5 k €	+1.4%	-36 k €	+41.2%	-61,2 k €	-431%	-11,5 k €	-393%	3,9 k €	+195%	1,3 k €	+136%	-3,7 k €	-165%	5,7 k €
Total assets	81,5 k €	+17.0%	69,7 k €	-28.2%	97,1 k €	+44.5%	67,2 k €	-4.3%	70,2 k €	+29.1%	54,3 k €	+23.9%	43,8 k €	+29.5%	33,9 k €	-1.9%	34,5 k €	+22.4%	28,2 k €	-59.0%	68,8 k €	+33.1%	51,7 k €	-31.1%	75 k €	-58.1%	179 k €	-25.0%	238,7 k €	-11.6%	270 k €	+54.9%	174,3 k €	+250%	49,8 k €
Cash	18,9 k €	+80.0%	10,5 k €	-49.8%	20,9 k €	+65.4%	12,6 k €	-41.8%	21,7 k €	+26.8%	17,1 k €	+105%	8,4 k €	-57.6%	19,7 k €	-24.7%	26,2 k €	+253%	7,4 k €	-86.0%	53 k €	+417%	10,3 k €	+5346%	188,3 €	-98.5%	12,8 k €	+171%	4,7 k €	-47.1%	9 k €	-16.9%	10,8 k €	-24.5%	14,3 k €
Debts	17,2 k €	+0.6%	17,1 k €	-39.4%	28,3 k €	+40.4%	20,1 k €	-35.4%	31,2 k €	+45.0%	21,5 k €	-3.1%	22,2 k €	-38.3%	36 k €	-31.2%	52,3 k €	-6.9%	56,1 k €	-44.0%	100,2 k €	+17.9%	85 k €	-37.2%	135,3 k €	-29.0%	190,5 k €	-18.8%	234,7 k €	-11.7%	266 k €	+50.5%	176,8 k €	+366%	38 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		0,4 ETP	-60.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	+100%	0,5 ETP		–

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2025 · 1 active · 6 ended

Active mandates

ANGELO CALLANT

Director

Active

Ended mandates

Angelo Callant

Manager · since 01 avril 2011 · until 31 mars 2012

Ended

Angelo Callant

Manager · since 01 avril 2010 · until 31 mars 2011

Ended

Angelo Callant

Manager · since 01 avril 2009 · until 31 mars 2010

Ended

Angelo Callant

Manager · since 01 avril 2008 · until 31 mars 2009

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	28/11/2025	30/10/2024	22/11/2023	16/11/2022	09/11/2021	27/11/2020
General meeting	31/10/2025	30/09/2024	30/09/2023	30/09/2022	15/09/2021	04/11/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/03/2025	31/10/2025	28/11/2025	Dutch	PDF
Micro model	31/03/2024	30/09/2024	30/10/2024	Dutch	PDF
Micro model	31/03/2023	30/09/2023	22/11/2023	Dutch	PDF
Micro model	31/03/2022	30/09/2022	16/11/2022	Dutch	PDF
Micro model	31/03/2021	15/09/2021	09/11/2021	Dutch	PDF
Micro model	31/03/2020	04/11/2020	27/11/2020	Dutch	PDF
Micro model	31/03/2019	18/09/2019	29/10/2019	Dutch	PDF
Micro model	31/03/2018	19/09/2018	14/11/2018	Dutch	PDF
Micro model	31/03/2017	20/09/2017	28/10/2017	Dutch	PDF
Abridged model	31/03/2016	21/09/2016	28/10/2016	Dutch	PDF
Abridged model	31/03/2015	16/09/2015	30/09/2015	Dutch	PDF
Abridged model	31/03/2014	17/09/2014	02/10/2014	Dutch	PDF
Abridged model	31/03/2013	18/09/2013	20/12/2013	Dutch	PDF
Abridged model	31/03/2012	19/09/2012	21/12/2012	Dutch	PDF
Abridged model	31/03/2011	21/09/2011	22/11/2011	Dutch	PDF
Abridged model	31/03/2010	15/09/2010	30/11/2010	Dutch	PDF
Abridged model	31/03/2009	16/09/2009	25/11/2009	Dutch	PDF
Abridged model	31/03/2008	17/09/2008	27/01/2009	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/03/2025 · 1 active · 6 ended

Active mandates

ANGELO CALLANT

Director

Active

Ended mandates

Angelo Callant

Manager · since 01 avril 2011 · until 31 mars 2012

Ended

Angelo Callant

Manager · since 01 avril 2010 · until 31 mars 2011

Ended

Angelo Callant

Manager · since 01 avril 2009 · until 31 mars 2010

Ended

Angelo Callant

Manager · since 01 avril 2008 · until 31 mars 2009

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Registered office03/05/2021
MAATSCHAPPELIJKE ZETEL
PDF
Mandates13/09/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/05/2007
ONTSLAGEN - BENOEMINGEN
PDF
Other19/02/2007
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202510,4 k €↓
2024
Annual accounts 202413,3 k €↓
2023
Annual accounts 202321 k €↑
2022
Annual accounts 20226,6 k €↑
2021
Annual accounts 20216,2 k €↓
2020
Annual accounts 202012 k €↓
2019
Annual accounts 201943,8 k €↑
2018
Annual accounts 20186,9 k €↓
2017
Annual accounts 201710,8 k €↑
2016
Annual accounts 20164,6 k €↑
2015
Annual accounts 2015499,7 €↓
2014
Annual accounts 201425,2 k €↑
2013
Annual accounts 2013-49,7 k €↓
2012
Annual accounts 2012-15,5 k €↓
2011
Annual accounts 20112,6 k €↓
2010
Annual accounts 20105 k €↑
2009
Annual accounts 2009-9,4 k €↓
2008
Annual accounts 2008455,6 €
09/02/2007
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

BIRDCAGE

Overview

What does BIRDCAGE do?

Trend over 18 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline