Equity
€151,657 ▲ 63.9%
Equity rose in 2025 from €92,515 to €151,657.
Stackhouse
Overview
Lifetime
3 annual accounts with figures on one time axispeak €76,426 (2025)
€76,426▲ 12.0%
peak €59,142 (2025)
€59,142▲ 13.4%
peak €151,657 (2025)
€151,657▲ 63.9%
€42,878▲ 17.9%
Board1 name since 2023
1 directorSTOCK Thomas
Documentsfilings and deeds
29-06-202632 days before the deadline
2025micro format
Gross margin from €68,233 to €76,426Equity from €92,515 to €151,657Debts from €36,377 to €42,878Cash from €122,992 to €176,485
Key points
from the 2025 annual accountsChecked score
98
Excellent
Financially stronger than 83% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026highest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 4.46, cash €176,485
Sector: Computer programming, consultancy and related activities (NACE 62)
Size: total assets €194,534
Equity €151,657 (78.0% of total assets)
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 62, micro). It does better than 85% of them on solvency, 81% on liquidity, 82% on profitability and 83% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 39,278 companies had the same profile as Stackhouse has now. Each dot stands for 99 companies, two years later.
95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of Stackhouse itself is lower: < 0.1% within 12 months. It rests on far more data about Stackhouse than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for Stackhouse. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €14,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.46 (3.39 in 2024), above the usual 1.5. Short-term debt is 22% and cash 90.7% of total assets. 22% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 29-06-2026, 32 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
32 days early
2024
31 days early
2023
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 3 accounts on average 21 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% 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. The company usually files around 30 June (3 of the last 3 accounts filed within 32 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0802112992
Incorporation
Founding capital of €5,000, 100 shares · Founder: STOCK Thomas (shareholder) · Appointment: STOCK Thomas (director) · published on 30-05-2023 · Gazette deed
First establishment
Gasklokstraat 12, Ghent
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Stackhouse Ghent | €194,534 | €76,426 | 78.0% | - |
| Your Totem Ghent | €178,939 | €76,653 | 37.3% | - |
| Moosa Ghent | €180,257 | €77,969 | 93.8% | - |
| Codorama Ghent | €199,165 | €79,660 | 3.0% | - |
| Elias Meire Ghent | €173,833 | €75,629 | 90.1% | - |
| Nguim Consulting Denderleeuw | €198,406 | €81,970 | 79.9% | - |
| Softworckx Dendermonde | €229,368 | €75,412 | 81.3% | - |
These companies have the same main activity as Stackhouse: computer programming (NACE 62100). They are comparable in size and age: total assets between €174,000 and €229,000, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 25-05-2023Normal situation
- Activity
- Computer programmingNACE 62100and 5 others
- Establishment unit
- 2.345.465.1469000 Ghent, since 25-05-2023
- Financial year end
- 31 December
- Peppol
- Reachable since 14-12-2025
Annual accounts 2025
- €76,426▲ 12.0%
- €59,142▲ 13.4%
- €151,657▲ 63.9%
- €194,534▲ 50.9%
- Filing
- Filed on 29-06-2026, 32 days before the end of the filing period
Insights on Stackhouse
Stackhouse files the micro format. That format states no turnover. The gross margin rose from €45,097 in 2023 to €76,426 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 29-06-2026, 32 days before the deadline€76,426
▲ 12.0%
€74,306
▲ 12.2%
€59,142
▲ 13.4%
€148,377
▲ 70.3%
78.0%
▲ 6.2 percentage points
4.46
▲ 1.07
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €180,000. Estimated: probably between €150,000 and €230,000.
Balance sheet
balance sheet total €194,534 on 31-12-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
78.0%
Higher than 72% of 21,208 companies in 2025.
4.46
Higher than 72% of 20,571 companies in 2025.
30.4%
Higher than 68% of 20,746 companies in 2025.
Stackhouse
Middle half of the sector
80% of the sector
Micro accounts in computer programming and consultancy (NACE 62)
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet: assets | ||||
20/58 |
194,534 | 128,892 | 65,197 | |
21/28 |
3,280 | 5,399 | 5,903 | |
22/27 |
3,280 | 5,399 | 5,903 | |
23 |
975 | 2,146 | 1,700 | |
24 |
2,304 | 3,253 | 4,203 | |
29/58 |
191,255 | 123,493 | 59,294 | |
40/41 |
14,320 | 0 | 13,310 | |
40 |
14,019 | 0 | 13,310 | |
41 |
301 | - | - | |
54/58 |
176,485 | 122,992 | 45,821 | |
490/1 |
450 | 501 | 163 | |
| Balance sheet: equity and liabilities | ||||
10/49 |
194,534 | 128,892 | 65,197 | |
10/15 |
151,657 | 92,515 | 40,364 | |
10/11 |
5,000 | 5,000 | 5,000 | |
13 |
146,657 | 87,515 | 35,364 | |
133 |
146,657 | 87,515 | 35,364 | |
17/49 |
42,878 | 36,377 | 24,832 | |
42/48 |
42,878 | 36,377 | 24,832 | |
44 |
2,010 | 1,885 | 1,361 | |
440/4 |
2,010 | 1,885 | 1,361 | |
45 |
37,525 | 31,220 | 20,288 | |
450/3 |
34,958 | 28,677 | 17,782 | |
454/9 |
2,567 | 2,543 | 2,506 | |
47/48 |
3,343 | 3,273 | 3,183 | |
| Income statement | ||||
9900 |
76,426 | 68,233 | 45,097 | |
630 |
2,120 | 2,024 | 834 | |
9901 |
74,306 | 66,209 | 44,262 | |
75/76B |
- | 0 | 7 | |
75 |
- | 0 | 7 | |
65/66B |
281 | 916 | 84 | |
65 |
281 | 916 | 84 | |
9903 |
74,025 | 65,293 | 44,185 | |
67/77 |
14,883 | 13,143 | 8,820 | |
9904 |
59,142 | 52,150 | 35,364 | |
9905 |
59,142 | 52,150 | 35,364 | |
| Appropriation of the result | ||||
9906 |
59,142 | 52,150 | 35,364 | |
691/2 |
59,142 | 52,150 | 35,364 | |
6921 |
59,142 | 52,150 | 35,364 | |
| Document | ||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 29-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| 76,426 | 68,233 | 45,097 | ||
| 61,262 | 54,174 | 36,199 | ||
| 0 | 1,520 | 6,737 | ||
| 53,493 | 77,171 | - | ||
| 148,377 | 87,115 | 34,461 | ||
| 78.0% | 71.8% | 61.9% | ||
| 4.46 | 3.39 | 2.39 | ||
| 0.28 | 0.39 | 0.62 | ||
| 39.0% | 56.4% | 87.6% | ||
| 30.4% | 40.5% | 54.2% | ||
| over 100 | 74.48 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Tangible fixed assets | - | €1,520 | €6,737 |
| €2,120 | €2,024 | €834 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Insights on Stackhouse
The operating result for 2025 is 12% higher than in 2024 and the highest since 2023. It is the second rise in a row.
Debt's share of the balance-sheet total falls from 28.2% to 22.0%. Equity and debt are higher.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 25-05-2023
term without a fixed end
listed in the 2025 annual accounts, filed on 29-06-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- Each director alonedeed of 30-05-2023
Mandates through the years
1 name, the dashed line is todaySTOCK Thomas
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- STOCK Thomas
- Director (not named in the articles), from 25-05-2023 to date
Control
Capital
- Contribution
- €5,000
- Shares
- 100
- Contribution per share
- €50
- Equity per share
- €1,517 in 2025
- Source
- deed of 30-05-2023
Articles of association
deed of 30-05-2023 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Bestuurd door één of meer bestuurders, algemene vergadering bepaalt aantal,duur opdracht en bij meerdere bestuurders bevoegdheid”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- “Indien de vennootschap maar één bestuurder telt, zal deze onmiddellijk belast zijn met het dagelijks bestuur. ALGEMENE VERGADERING…”
Shareholders
At incorporation
deed of 30-05-2023 ↗
- STOCK Thomas 100 shares (100%) · €5,000 in cash
Network & group
No group
Stackhouse has no parent and no holdings in its annual accounts. STOCK Thomas is the only director. Stackhouse shares no director with another company.
Timeline
Timeline
8 events since 2023Filings
Financial
Establishments
2023202420252026
Deadline for the 2026 accounts: 31-07-2027
2026
Annual accounts 2025 filed NBBmicro format · 32 days before the deadline
2025
Highest result from 2023 to 2025 net €59,142 ▲13.4% The operating result of €74,306 and the net result of €59,142 are both a record.
Equity above €150,000 equity €151,657 ▲63.9% With a profit in every financial year since 2023, equity grows to €151,657.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0802112992
Annual accounts 2024 filed PDFmicro format · 31 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · on the deadline day
2023
IncorporationFounding capital of €5,000, 100 shares · Founder: STOCK Thomas (shareholder) · Appointment: STOCK Thomas (director) · published on 30-05-20235 points ▸
- Founder, STOCK Thomas (shareholder)
- Founding capital, €5,000, 100 shares
- Registered office clause, Gasklokstraat 12, 9000 Gent
- Board rule, 1
- Director appointment, STOCK Thomas (director (not named in the articles))
- The deed holds 2 more points.
First establishment Gasklokstraat 12, Ghent
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
On 25 May 2023, Stackhouse was incorporated as a private limited company by one natural person, with a starting capital of €5,000.12 STOCK Thomas has served as director since 2023.3 Total assets went from €65,197 in 2023 to €194,534 in 2025.4
Company details
Identity
- Enterprise number
- 0802.112.992
- VAT number
- BE 0802.112.992
- Peppol ID
- 0208:0802112992
- Other Peppol ID
- 9925:BE0802112992
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 25-05-2023
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- “Indien de vennootschap maar één bestuurder telt, zal deze onmiddellijk belast zijn met het dagelijks bestuur. ALGEMENE VERGADERING…”deed of 30-05-2023 (in Dutch)
- Peppol
- Reachable since 14-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Stackhouse in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 30-05-2023 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 30-05-2023 (in Dutch)
Activities
NACEBEL 202562100
Computer programming main activity
Codes under NACEBEL 2008
62010
Computer programming, consultancy and related activities main activity
16291
Manufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
62090
Computer programming, consultancy and related activities
64200
Holdings
70220
Business consulting
82990
Other business support services
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Om het even welke industriële,commerciële,financiële,roerende of onroerende handelingen te stellen die rechtstreeks of onrechtstreeks…”deed of 30-05-2023 (in Dutch)
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Gasklokstraat 12 registered office 9000 Ghent | 25-05-2023 | 2.345.465.146 |
Buildings and parcels at the address
- Ground area
- 49 m²
- Buildings
- 35 m²
- Volume, LiDAR
- 364 m³
- Tallest building
- 12.2 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44810K0278/00L005 | 49 m² | 1 · 35 m² | 12.2 m · 3 |