Financials
Financial year 2024
Whetstone Consulting from Gent, company number BE0676981707, closed financial year 2024 with a result of € 59,063 after tax. For that financial year Whetstone Consulting recorded a gross margin of € 96,437 and equity of € 131,170. Compared with financial year 2023, the result moved from € 33,139 to € 59,063. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 14, 2025.
€ 131,170
▲ 82% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 59,063
▲ 78% vs 2023
Profit after tax over the fiscal year.
€ 5,751
▲ 114% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 124,670.
Debts at end 2024
€ 222,161
▼ 37% vs 2023
€ 13,900 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 5,603
▼ 42% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 54,386
▲ 73% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 50,060 | € 27,408 | € 58,123 | € 96,437 | ▲ 66% |
| Profit after taxes | € 15,746 | € 1,724 | € 33,139 | € 59,063 | ▲ 78% |
| Equity | € 37,244 | € 38,968 | € 72,106 | € 131,170 | ▲ 82% |
| Total debts | € 424,424 | € 412,234 | € 404,057 | € 282,151 | ▼ 30% |
| Cash | € 30,058 | - | € 2,684 | € 5,751 | ▲ 114% |
| Land & buildings | € 302,003 | € 295,004 | € 288,004 | € 281,005 | ▼ 2% |
| Retained profit | € 30,744 | € 32,468 | € 65,606 | € 124,670 | ▲ 90% |
| Bank debt | € 387,950 | € 367,116 | € 350,843 | € 222,161 | ▼ 37% |
| Balance sheet total | € 461,668 | € 451,202 | € 476,164 | € 413,320 | ▼ 13% |
Key figures of Whetstone Consulting, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Whetstone Consulting?
What happened at Whetstone Consulting in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 59,063 (▲ 78% vs 2023). filed late Source: NBB ↗
- Start of the company according to the CBE. KBO
In short
From € 15,746 profit in 2021 to € 59,063 profit in 2024.
Paid € 47,702 in corporate taxes since 2021.
Best year ever: 2024, with € 59,063 profit.
Management
Behind Whetstone Consulting is Michaël Coucke.
Directors
According to the 2024 annual accounts
Michaël Coucke
Director
Establishments
Establishment units
Physical locations of this company
Gentstraat 82 box A
9041 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0676.981.707
- VAT number
- BE 0676.981.707
- Registered office
- Gentstraat 82 bus A, 9041 Gent
- Names & denominations
- Whetstone Consulting
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 June 2017
- Peppol
- Active · Active since 5 Mar 2026
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