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The Cage

Active
Private limited companyfounded 2005active for 21 yearsBerchemlei 103, 2140 Antwerpen, BelgiumKBO/BCE: BE 0873.992.863
Summary

The Cage has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €196,060 and a net result of €104,601. Equity has been growing by about 16% per year since 2018. Its solvency ranks better than 62% of 22,726 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Official details

Source: KBO
Status
Active since 24-05-2005 Normal situation
Activity
Retail sale of other sporting goods NACE 47639and 2 others
Joint committee
201 Paritair Comité voor de zelfstandige kleinhandel · annual accounts 2025
Establishment unit
2.240.312.889 2140 Antwerpen, since 24-05-2005
Financial year end
31 December
Peppol
Reachable since 03-10-2025

Board and ownership

Board

Financial position

88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
€195,342
▲ 83.5%
Turnover
≈ €1.2m
estimated
Profit
€104,601
▲ 123%
Equity
€196,060
▲ 90.0%
Total assets
€413,021
▼ 1.2%
Employees on 31-12-2025
1
Filed on 31-07-2026, on time
Score breakdownraises risk1 of the last 3 accounts lateSector: Retail trade (NACE 47)lowers riskFounded in 2005Equity €196,060 (47.5% of total assets)Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 71% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Strong
Solvency 72+22
equity 47.5% of total assets
Liquidity 36+8
short-term debt 51.9% · cash 10.0%
Profitability 100+17
return on assets 25.3%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 0.2%lowest value 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025lowest value 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.2 percentage points vs 06-2025 08-2025: 0.5%▲ +0.1 percentage points vs 07-2025 09-2025: 0.7%▲ +0.2 percentage points vs 08-2025highest value 10-2025: 0.5%▼ -0.2 percentage points vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.5%● unchanged vs 03-2026 05-2026: 0.5%● unchanged vs 04-2026 06-2026: 0.5%● unchanged vs 05-2026 07-2026: 0.5%● unchanged vs 06-2026 08-2026: 0.3%▼ -0.2 percentage points vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026 11-2026: 0.3%● unchanged vs 10-2026
Credit of up to €17,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.82 (1.7 in 2024), above the usual 1.5. Short-term debt is 51.9% and cash 10% of total assets. However, 52.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 62% of them on solvency, 34% on liquidity, 96% on profitability and 91% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 2005
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 1 of the last 3 accounts late
NBB · filings
raises risk · Sector: Retail trade (NACE 47)
KBO
lowers risk · Equity €196,060 (47.5% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
31 days late
2023
1 day late
2022
3 days early
2021
3 days early
2020
on the day
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 4 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Result rose in 2025from €46,908 to €104,601 ▲ 123% View
  • Positive: Higher net result than 95% of companies in retail tradesector median €5,089 · 22,707 companies €104,601 View
  • Merger with THE CAGEmerger on 27-03-2024 2024 View

Recent changes

  1. · Gazette deed Appointment: Cynthia De Lannoy (director)
  2. · Gazette deed Merger: B & B MANAGEMENT takes over THE CAGECompany renamed from B & B MANAGEMENT to The Cage · Resignation: DE LANNOY Ronny (director) · Reappointment: DE LANNOY Ronny (director)
  3. · Gazette deed Merger proposal: B&B Management takes over The Cage
All 21 events

Comparable companies

These companies have the same main activity as The Cage: retail sale of other sporting goods (NACE 47639). They are comparable in size and age: total assets between €319,000 and €537,000, founded between 1999 and 2009.

CompanyTotal assetsGross margin
The Cage Antwerpen€413,021€195,342
FULL TIME AGENCY Wommelgem€537,221€204,993
SMSPLANET Essen€390,305€126,751
Scuba Service Schoten€383,349€122,778
FFWD Production Malmedy€371,629€210,198
Sporta De Waele Zele€318,621€152,055
SPANADRA Dendermonde€503,222€136,076
Full comparison

Key facts about The Cage

What is the company number of The Cage?
The company number of The Cage is 0873.992.863. The VAT number is the same number with BE in front: BE 0873.992.863.
Where is The Cage based?
The registered office is at Berchemlei 103, 2140 Antwerpen.Company details
What does The Cage do?
According to the KBO register, the main activity is retail sale of other sporting goods (NACE 47639).
What is the legal form of The Cage?
The legal form of The Cage is Private limited company (BV).
When was The Cage founded?
The Cage was founded on 24-05-2005.
Is The Cage still active?
Yes, The Cage is an active enterprise in the KBO register.
How many employees does The Cage have?
The Cage had an average of 0.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does The Cage fall under?
In its 2025 annual accounts, The Cage states joint committee 201 (Paritair Comité voor de zelfstandige kleinhandel).
What is the turnover of The Cage?
The turnover in financial year 2025 is ≈ €1.2m. This figure is estimated from the gross margin of €195,342 and 211 comparable companies (NACE 47). It probably lies between €640,000 and €1.9m. In financial year 2021 turnover was €18,000.
Is The Cage profitable?
In financial year 2025, The Cage made a profit of €104,601.
Where can I find the annual accounts of The Cage?
The Cage filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of The Cage due?
The Cage must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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