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Whetstone Consulting

Active
Private limited company (pre-2019)founded 2017active for 9 yearsGentstraat 82, 9041 Gent, BelgiumKBO/BCE: BE 0676.981.707
Summary

The computed 12-month bankruptcy probability of Whetstone Consulting is 3.1% (moderate). The 2024 annual accounts show equity of €131,170 and a net result of €59,063. Equity has been growing by about 43% per year since 2018. Its solvency ranks better than 24% of 20,538 sector peers (NACE 62, financial year 2024). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 20-06-2017 Normal situation
Activity
Computer consultancy and computer facilities management NACE 62200and 1 other
Financial year end
31 December
Peppol
Reachable since 05-03-2026

Board and ownership

Board
  • Coucke MichaëlDirector

Financial position

51 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.1%
Annual accounts 2024
Gross margin
€96,437
▲ 65.9%
Turnover
≈ €180,000
estimated
Profit
€59,063
▲ 78.2%
Equity
€131,170
▲ 81.9%
Total assets
€413,320
▼ 13.2%
  • 2025 accounts not filed, 95 days past the deadline
Score breakdownraises riskFigures for financial year 2024 (filed on 22-10-2025)1 financial year not filed after the legal deadline; last filed accounts filed 75 days late; 3 of the last 3 accounts lateNo registered site in the KBOlowers riskSector: Computer programming, consultancy and related activities (NACE 62)Show the evidence

Checked score

Score 2024
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 47% of micro companies in computer programming and consultancy (NACE 62)
Financial strength · tick: 2023
Strong
Solvency 57+17
equity 31.7% of total assets
Liquidity 47-3
short-term debt 17.9% · cash 1.4%
Profitability 87+14
return on assets 14.3%
Bankruptcy probability within 12 months
3.1% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (25,915 companies, NACE 62, micro)
Last 24 months 12-2024: 1.0% 01-2025: 1.0%● unchanged vs 12-2024lowest value 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.0%● unchanged vs 02-2025 04-2025: 1.0%● unchanged vs 03-2025 05-2025: 1.1%▲ +0.1 percentage points vs 04-2025 06-2025: 1.1%● unchanged vs 05-2025 07-2025: 1.1%● unchanged vs 06-2025 08-2025: 1.6%▲ +0.5 percentage points vs 07-2025 09-2025: 2.0%▲ +0.4 percentage points vs 08-2025 10-2025: 3.0%▲ +1.0 percentage point vs 09-2025 11-2025: 1.2%▼ -1.8 percentage points vs 10-2025 12-2025: 1.2%● unchanged vs 11-2025 01-2026: 1.2%● unchanged vs 12-2025 02-2026: 1.2%● unchanged vs 01-2026 03-2026: 1.2%● unchanged vs 02-2026 04-2026: 1.2%● unchanged vs 03-2026 05-2026: 1.3%▲ +0.1 percentage points vs 04-2026 06-2026: 1.3%● unchanged vs 05-2026 07-2026: 1.3%● unchanged vs 06-2026 08-2026: 1.9%▲ +0.6 percentage points vs 07-2026 09-2026: 2.3%▲ +0.4 percentage points vs 08-2026 10-2026: 3.1%▲ +0.8 percentage points vs 09-2026highest value 11-2026: 3.1%● unchanged vs 10-2026highest value
Credit of up to €6,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 1.79 (3.42 in 2023), above the usual 1.5. Short-term debt is 17.9% and cash 1.4% of total assets. However, 68.3% 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 62, micro). It does better than 30% of them on solvency, 22% on liquidity, 49% on profitability and 87% on growth.

The bankruptcy probability was computed on 03-11-2026 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

Seven signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 22-10-2025)
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 75 days late; 3 of the last 3 accounts late
NBB · filings
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
raises risk · No registered site in the KBO
KBO · seat and establishments
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 20538 sector peers (2024).
NBB · sector comparison
Position among 20538 sector peers
Solvency
better than 24%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 95 days later.
NBB · 8 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline03-11-2026 today
raises risk · 2024 accounts filed 75 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-10-2025, 75 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 8 filings
Deviation from the deadline
2025
not filed
2024
75 days late
2023
61 days late
2022
71 days late
2021
101 days late
2020
122 days late
2019
153 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 97 days after 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 (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Equity rose in 2024from €72,106 to €131,170 ▲ 81.9% View
  • Larger balance sheet than 85% of companies in computer programming and consultancysector median €136,280 · 20,550 companies €413,320 View
  • Positive: 6 profitable years in a rowprofit 2024: €59,063 6 years View

Recent changes

  1. · Gazette deed Incorporation
All 12 events

Comparable companies

These companies have the same main activity as Whetstone Consulting: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €366,000 and €429,000, founded between 2016 and 2018.

CompanyTotal assetsGross margin
Whetstone Consulting Gent€413,320€96,437
Toujour Solutions Zottegem€428,850€97,129
Priority2land Gent€391,897€90,944
UC&C Beveren-Kruibeke-Zwijndrecht€422,548€85,752
KAREL PRENEEL DYNAMIC CONSULTING Sint-Niklaas€366,326€101,984
Revyn Consultancy Services Oudenaarde€378,515€108,551
Arlo Solutions Gent€369,721€85,758
Full comparison

Key facts about Whetstone Consulting

What is the company number of Whetstone Consulting?
The company number of Whetstone Consulting is 0676.981.707. The VAT number is the same number with BE in front: BE 0676.981.707.
Where is Whetstone Consulting based?
The registered office is at Gentstraat 82, 9041 Gent.Company details
What does Whetstone Consulting do?
According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
What is the legal form of Whetstone Consulting?
The legal form of Whetstone Consulting is Private limited company (pre-2019) (BVBA).
When was Whetstone Consulting founded?
Whetstone Consulting was founded on 20-06-2017.
Is Whetstone Consulting still active?
Yes, Whetstone Consulting is an active enterprise in the KBO register.
What is the turnover of Whetstone Consulting?
The turnover in financial year 2024 is ≈ €180,000. This figure is estimated from the gross margin of €96,437 and 59 comparable companies (NACE 62200). It probably lies between €160,000 and €250,000.Financials
Is Whetstone Consulting profitable?
In financial year 2024, Whetstone Consulting made a profit of €59,063.
Where can I find the annual accounts of Whetstone Consulting?
Whetstone Consulting filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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