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

From the official registers: KBO 4 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

For Open Geospatial Consortium Europe, at least two annual filings are missing. The 2023 annual accounts show negative equity (-€182,061) and a net result of €69,528. Equity has been growing by about 9.5% per year since 2020. 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).

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Open Geospatial Consortium EuropeActive

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Official details

KBO

Status: Active since 22-10-2018 Normal situation
Legal form: Int'l non-profit association
Registered office: Technologielaan 3, 3001 Leuven
Activity: Computer consultancy and computer facilities management NACE 62200and 2 others
Establishment unit: 2.303.217.488 3001 Leuven, since 22-10-2018
Financial year end: 31 December
Peppol: Reachable since 29-01-2026

Company details

Board and ownership

Board

Balser FrancisDirector · since 19-08-2021
Dr. Ingo SimonisDirector · since 19-08-2021
Scott SimmonsDirector
Peter RableyDirector
Mitzi OsterhoutDirector

Auditor: Callens, Vandelanotte & Theunissen BV

Board & ownership

Financial position

Bankruptcy probabilitywithin 12 months: 0.3%

2023 figures too old to score

Annual accounts 2023

Gross margin: €1.1m; ▼ 12.1%
Turnover: ≈ €2.7m; estimated
Surplus: €69,528; ▲ 64.3%
Equity: -€182,061; ▲ 27.6%
Total assets: €3.4m; ▼ 2.7%
Staff: 8 FTE; ▼ 38.5%

2024 accounts not filed, 458 days past the deadline

Filed on 10-02-2025PDF

Financials

Signalsraises riskLast filed accounts filed 194 days late; 3 of the last 3 accounts 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 latest figures are for FY 2023. They are too old for a current score.

Filing: At least two annual filings 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 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 0.1% (25,908 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

Legal form: int'l non-profit association

KBO

Last filed accounts filed 194 days late; 3 of the last 3 accounts late

NBB · filings

Sector: Computer programming, consultancy and related activities (NACE 62)

KBO

Liquidity: current ratio 4.35, cash €761,033, halved

NBB · annual accounts

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 deadline01-11-2026 today

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

The company filed its last 4 accounts on average 162 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)

No strike-offs in the KBO publications

That holds for every publication since 2021.

KBO publications

Key points

Risk: Negative equitydebts exceed assets in financial year 2023 -€182,061 View
Caution: Less equity than 92% of companies in computer programming and consultancysector median €196,393 · 2,642 companies -€182,061 View
Caution: Fewer staff in 2023from 13 FTE to 8 FTE ▼ 38.5% View
EU research moneyEU contribution €6.6m View

Documents

Key facts about Open Geospatial Consortium Europe

What is the company number of Open Geospatial Consortium Europe?: The company number of Open Geospatial Consortium Europe is 0723.480.537. The VAT number is the same 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?: The legal form of Open Geospatial Consortium Europe is Int'l non-profit association (IVZW).
When was Open Geospatial Consortium Europe founded?: Open Geospatial Consortium Europe was 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?: Open Geospatial Consortium Europe had an average of 8 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of Open Geospatial Consortium Europe?: The turnover in financial year 2023 is ≈ €2.7m. This figure is estimated from the gross margin of €1.1m and 117 comparable companies (NACE 62200). It probably lies between €2.1m and €3.9m.
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.Annual accounts 2023 (PDF)

Comparable companies

These companies have the same main activity as Open Geospatial Consortium Europe: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €2.7m and €4.2m, founded between 2017 and 2019.

Company	Total assets	Gross margin
Open Geospatial Consortium Europe Leuven	€3.4m	€1.1m
RELU Leuven	€3.6m	€1.2m
The Mindbridge Overijse	€4.2m	€1.1m
DigiTribe Oudergem	€3.2m	€1.0m
Leap Forward Gent	€2.9m	€1.0m
Abano Kontich	€3.0m	€1.2m
Cloudcrossing Kapellen	€2.7m	€1.2m