Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Late annual account NBB
Fiscal year 2023 was filed 194 days after the legal deadline.
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Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
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Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2023
Open Geospatial Consortium Europe from Leuven, company number BE0723480537, closed financial year 2023 with a result of € 69,528 after tax. For that financial year Open Geospatial Consortium Europe recorded a gross margin of € 1.1 million and equity of € -182,061. Compared with financial year 2022, the result moved from € 42,327 to € 69,528. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 10, 2025.
€ -182,061
▲ € 69,528 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 69,528
▲ 64% vs 2022
Profit after tax over the fiscal year.
€ 761,033
▼ 56% vs 2022
Cash and bank balances on the last day of the fiscal year.
People and assets in 2023
8
▼ 5 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▼ 15% vs 2022
€ 132,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 36,172
▲ 78% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 51,722
▼ 2% vs 2022
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 1,028,298 | € 1,299,212 | € 1,142,511 | ▼ 12% |
| Profit after taxes | € -115,861 | € 42,327 | € 69,528 | ▲ 64% |
| Equity | € -293,916 | € -251,589 | € -182,061 | ▲ € 69,528 |
| Total debts | € 1,293,634 | € 3,722,530 | € 3,557,571 | ▼ 4% |
| Cash | € 60,788 | € 1,748,066 | € 761,033 | ▼ 56% |
| Retained profit | € -293,916 | € -251,589 | € -182,061 | ▲ € 69,528 |
| Balance sheet total | € 999,718 | € 3,470,941 | € 3,375,510 | ▼ 3% |
| Employees (FTE) | - | 13 | 8 | ▼ 5 |
Key figures of Open Geospatial Consortium Europe, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to Open Geospatial Consortium Europe?
What happened at Open Geospatial Consortium Europe in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Ingo Simonis stepped down as director. NBB
- Scott Simmons stepped down as director. NBB
- Mitzi Osterhout stepped down as director. NBB
- New annual accounts for financial year 2023: profit of € 69,528 (▲ 64% vs 2022). filed late Source: NBB ↗
- Ingo Simonis became a director. NBB
- Scott Simmons became a director. NBB
- Mitzi Osterhout became a director. NBB
- New establishment in Leuven. KBO
In short
From € 115,861 loss in 2021 to € 69,528 profit in 2023.
Best year ever: 2023, with € 69,528 profit.
On average € 142,800 of value added per employee in 2023.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2023 annual accounts
Ingo Simonis
Director
since 2023 · until 2025
Scott Simmons
Director
since 2023 · until 2025
Mitzi Osterhout
Director
since 2023 · until 2025
Establishments
Establishment units
Physical locations of this company
Technologielaan 3
3001 Leuven
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
All companies at this address →ES BROADCAST MEDIA
€ 262,183 gross margin · 2025
CUE - GRAPHICS
€ 12,725 gross margin · 2025
DELCOMP
€ 122,487 gross margin · 2025
CAPVIDIA
€ 387,041 gross margin · 2025
ES INVESTMENT
€ 123,140 gross margin · 2025
+8 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0723.480.537
- VAT number
- BE 0723.480.537
- Registered office
- Technologielaan 3, 3001 Leuven
- Names & denominations
- Open Geospatial Consortium Europe · OGCE
- Enterprise type
- Rechtspersoon
- Legal form
- International non-profit association
- Legal situation
- Normale toestand
- Start date
- 22 October 2018
- Peppol
- Active · Active since 29 Jan 2026
- Contact
- [email protected]
- Activities · NACE
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