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).
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
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Average
Solvency20+2
equity -5.4% of total assets
Liquidity70-26
short-term debt 22.9% · cash 22.5%
Profitability71+1
return on assets 2.1%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
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 months11-2024: 0.1%12-2024: 0.2%▲ +0.1 percentage points vs 11-202401-2025: 0.2%● unchanged vs 12-202402-2025: 0.2%● unchanged vs 01-202503-2025: 0.1%▼ -0.1 percentage points vs 02-2025lowest value04-2025: 0.1%● unchanged vs 03-202505-2025: 0.1%● unchanged vs 04-202506-2025: 0.1%● unchanged vs 05-202507-2025: 0.1%● unchanged vs 06-202508-2025: 0.1%● unchanged vs 07-202509-2025: 0.2%▲ +0.1 percentage points vs 08-202510-2025: 0.2%● unchanged vs 09-202511-2025: 0.2%● unchanged vs 10-202512-2025: 0.2%● unchanged vs 11-202501-2026: 0.3%▲ +0.1 percentage points vs 12-2025highest value02-2026: 0.3%● unchanged vs 01-2026highest value03-2026: 0.3%● unchanged vs 02-2026highest value04-2026: 0.3%● unchanged vs 03-202605-2026: 0.3%● unchanged vs 04-202606-2026: 0.3%● unchanged vs 05-202607-2026: 0.3%● unchanged vs 06-202608-2026: 0.3%● unchanged vs 07-202609-2026: 0.3%● unchanged vs 08-202610-2026: 0.3%● unchanged vs 09-2026
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.
31-12-2024 year end31-07-2025 deadline31-10-2026 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.
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
Key points
Risk: Negative equityfinancial year 2023: debts exceed assets-€182,061View
Caution: Among the weakest 8% on equitysector median €196,393 · 2,642 companies-€182,061View
Caution: Staff fell in 2023from 13 FTE to 8 FTE▼ 38.5%View
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?
≈ €2.7m in financial year 2023. Estimated from the gross margin of €1.1m: probably between €2.1m and €3.9m, based on 117 comparable companies, NACE 62200.
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)
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