Open Geospatial Consortium Europe
ActiveSummary
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).
Overview
Official details
Source: KBO- Status
- Active since 22-10-2018 Normal situation
- Registered office
- 15 active companies are registered at this address Source: KBO register, as of 1 November 2026.
- Activity
- Computer consultancy and computer facilities management NACE 62200and 2 others
- Joint committee
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2023
- Establishment unit
- 2.303.217.488 3001 Leuven, since 22-10-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 29-01-2026
Board and ownership
Board
- Balser FrancisDirector · since 19-08-2021
- Dr. Ingo SimonisDirector · since 19-08-2021
- Scott SimmonsDirector
- Auditor
- Callens, Vandelanotte & Theunissen BV
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%
- Employees on 31-12-2023
- 9
- ▼ 25.0%
- Negative equity on 31-12-2023
- 2024 accounts not filed, 458 days past the deadline
Filed on 10-02-2025
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).
Last 24 months
12-2024: 0.2%
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
11-2026: 0.3%● unchanged vs 10-2026
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
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 filingsPosition against the passed deadline
31-12-2024 year end31-07-2025 deadline01-11-2026 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 filingsDeviation 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)
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
Recent changes
- · Gazette deed Admissions: Open Geospatial Consortium Europe, Open Geospatial Consortium Inc and 2 othersAppointment: Peter Rabley (director) · Reappointments: Dr. Ingo Simonis (director) and Mitzi Osterhout (director) · Resignation: Mitzi Osterhout (director)
- · Gazette deed Permanent representatives: Scott Simmons, Nadine Alameh and Mitzi OsterhoutResignation: Nadine Alameh (bestuurder van de vereniging) · Appointment: Scott Simmons (bestuurder van ogce ivzw) · Reappointments: Ingo Simonis (bestuurder van de vereniging) and Mitzi Osterhout (bestuurder van de vereniging)
- · Gazette deed Resignation: Frank Balser (bestuurder van de vereniging)Permanent representatives: Frank Balser, Mitzi Osterhout and Guy Meerbergen · Appointment: Mitzi Osterhout (bestuurder van de vereniging) · Reappointment: Callens Vandelanotte & Theunissen BV (statutory auditor)
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 |
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
- Which joint committee does Open Geospatial Consortium Europe fall under?
- In its 2023 annual accounts, Open Geospatial Consortium Europe states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
- 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.
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.