Open Geospatial Consortium Europe
The computed 12-month bankruptcy probability of Open Geospatial Consortium Europe is < 0.1% (very low). The 2023 annual accounts show negative equity (€-182k) and a net result of €70k. Equity is growing by ~9.5% per year across the filed fiscal years. Its solvency ranks better than 18% of 478 sector peers (fiscal year 2023). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-182k |
| Net result | €70k |
| Staff (FTE) | 8 |
| Better than sector | 18% |
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -5.4% | 34.5% | |
| Net result | €70k | €14k | |
| Equity | €-182k | €72k | |
| Gross operating margin | €1.14M | €70k | |
| Staff costs | €1.06M | €279k |
Show 9 other metrics
| Fiscal year | 2023 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | €86k |
| Net profit | €70k |
| Cash flow | €77k |
| Staff costs | €1.06M |
| Income taxes | - |
| Dividends | - |
| Total assets | €3.38M |
| Equity | €-182k |
| Debt | €3.56M |
| of which ≤ 1y | €774k |
| of which > 1y | - |
| Working capital | €2.59M |
| Employees (FTE) | 8.0 |
| 2023 | |
|---|---|
| Current ratio | 4.35 |
| Quick ratio | 4.35 |
| Working capital ratio | 76.7% |
| Solvency | -5.4% |
| Debt / equity | -19.54 |
| Long-term debt ratio | - |
| Interest coverage | 10.17 |
| Gross margin | - |
| Net margin | - |
| ROA | 2.1% |
| ROE | -38.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (18 line items)
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €3.38M |
| Fixed assets | 21/28 | €11k |
| Tangible fixed assets | 22/27 | €11k |
| Current assets | 29/58 | €3.36M |
| Amounts receivable within one year | 40/41 | €2.60M |
| Cash & bank | 54/58 | €761k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €3.38M |
| Equity | 10/15 | €-182k |
| Accumulated profits (losses) | 14 | €-182k |
| Amounts payable | 17/49 | €3.56M |
| Amounts payable within one year | 42/48 | €774k |
| Trade debts payable within one year | 44 | €36k |
| Income statement | ||
| Gross operating margin | 9900 | €1.14M |
| Operating result | 9901 | €78k |
| Financial charges | 65 | €8k |
| Result before taxes | 9903 | €70k |
| Net result for the period | 9904 | €70k |
| Result to be appropriated | 9905 | €70k |
| NACE primary | Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten(62200) |
| Legal form | Int'l non-profit association(125) |
| Incorporation | 22-10-2018 |
| Status | Active |
| Postal code | 3001 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24514C0032/00H000 | Flanders | 5,740 m² | 1 · 1,562 m² | 11.8 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
| Legal nameNL | Open Geospatial Consortium Europe |
| AbbreviationNL | OGCE |