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Open Geospatial Consortium Europe

Active
Int'l non-profit associationfounded 2018active for 8 yearsTechnologielaan 3, 3001 Leuven, Belgium15 active companies are registered at this addressKBO/BCE: BE 0723.480.537
Summary

For Open Geospatial Consortium Europe, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€182,061) and a net result of €69,528. Equity is growing by about 9.5% per year across the filed financial years. Its solvency ranks better than 13% of 2,641 sector peers (NACE 62, financial year 2023). The association has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).

Open Geospatial Consortium EuropeActive

Overview

Activity
Computer consultancy and computer facilities management
NACE 62200
1 site
Size
≈ €2.7mturnover 2023, estimated
Staff
8 FTE
Equity
-€182,061
Surplus
€69,528
Turnover estimated from the gross margin
Financial health
Bankruptcy probabilitywithin 12 months
0.3%
2023 figures too old to score
Structure
Board
4 members
Auditor: Callens, Vandelanotte & Theunissen BV2024 accounts not filed, 456 days past the deadline3 of 8 deeds summarised
Signalsraises riskLast filed accounts filed 194 days late; 3 of the last 3 lateTwo or more financial years not filed2023 accounts filed 194 days latelowers riskLegal form: int'l non-profit associationSector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 4.35, cash €761,033, halvedShow the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Average
Solvency 20+2
equity -5.4% of total assets
Liquidity 70-26
short-term debt 22.9% · cash 22.5%
Profitability 71+1
return on assets 2.1%
Bankruptcy probability, 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 0.1% (25,895 companies, NACE 62, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.2%▲ +0.1 percentage points vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.1%▼ -0.1 percentage points vs 02-2025lowest value 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: 0.2%▲ +0.1 percentage points vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.3%▲ +0.1 percentage points vs 12-2025highest value 02-2026: 0.3%● unchanged vs 01-2026highest value 03-2026: 0.3%● unchanged vs 02-2026highest value 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026
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Signals

Six signals.
lowers riskraises risk
lowers risk · Legal form: int'l non-profit association
KBO
raises risk · Last filed accounts filed 194 days late; 3 of the last 3 late
NBB · filings
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Liquidity: current ratio 4.35, cash €761,033, halved
NBB · annual accounts
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 4 filings
Position against the passed deadline
31-12-2024 year end31-07-2025 deadline30-10-2026 today
raises risk · 2023 accounts filed 194 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 10-02-2025, 194 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 4 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
194 days late
2022
196 days late
2021
82 days late
2020
177 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 162 days after the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Admissions: Open Geospatial Consortium Europe, Open…Appointment: Peter Rabley (director) ·…
  2. Annual accounts filedfinancial year 2023 · abbreviated…
  3. Annual accounts filedfinancial year 2022 · abbreviated…

Key points

  • Risk: 2024 accounts not fileddeadline was 31-07-2025 456 days past the deadline View
  • Risk: Negative equityfinancial year 2023: debts exceed assets -€182,061 View
  • Caution: Among the weakest 8% on equitysector median €196,393 · 2,642 companies -€182,061 View
  • Caution: Staff fell in 2023from 13 FTE to 8 FTE ▼ 38.5% View
  • EU research moneyEU contribution €6.6m View

By topic

Financials

Financial year
2023
Total assets
€3.4m
Profit
€69,528
Solvency
-5.4%
Total assets▼ 2.7%
Net result
20202023
Go to Financials

Board & ownership

Board
4 members
Auditor
Callens, Vandelanotte & Theunissen…
  • Scott SimmonsDirector
  • Peter RableyDirector
  • Dr. Ingo SimonisDirector
  • Mitzi OsterhoutDirector
Go to Board & ownership

Timeline

Events
10
Since
2022
  1. 31-12-2023Highest result from 2020 to 2023
  2. 17-08-2023Permanent representatives: Scott Simmons, Nadine Alameh and…
  3. 02-06-2023Resignation: Frank Balser (bestuurder van de vereniging)
Go to Timeline

Company details

Sites
1
Legal form
Int'l non-profit association
Activity
Computer consultancy and computer facilities managementNACE 62200
Founded
22-10-2018
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about Open Geospatial Consortium Europe

What is the company number of Open Geospatial Consortium Europe?
0723.480.537. In Belgium the VAT number is the company number with BE in front: BE 0723.480.537.
Where is Open Geospatial Consortium Europe based?
The registered office is at Technologielaan 3, 3001 Leuven.Company details
What does Open Geospatial Consortium Europe do?
According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
What is the legal form of Open Geospatial Consortium Europe?
Int'l non-profit association (IVZW).
When was Open Geospatial Consortium Europe founded?
On 22-10-2018.
Is Open Geospatial Consortium Europe still active?
Yes, Open Geospatial Consortium Europe is an active enterprise in the KBO register.
How many employees does Open Geospatial Consortium Europe have?
On average 8 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of Open Geospatial Consortium Europe?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is Open Geospatial Consortium Europe profitable?
In financial year 2023, Open Geospatial Consortium Europe made a profit of €69,528.
Where can I find the annual accounts of Open Geospatial Consortium Europe?
Open Geospatial Consortium Europe filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2023.

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