Financials
Financial year 2023
Worth noting
- A loss two years in a row.
- Little cash and receivables against the short-term debts.
Revenue
€ 5.1 million
▼ 77% vs 2022
Profit
Caution€ -60.6 million
▼ 159% vs 2022
Debts
Low€ 97 million
▲ 40% vs 2022
HYDROGENICS EUROPE from Westerlo, company number BE0473539251, closed financial year 2023 with a result of € -60.6 million after tax. For that financial year HYDROGENICS EUROPE recorded revenue of € 5.1 million and equity of € 85.3 million. Compared with financial year 2022, the result moved from € -23.4 million to € -60.6 million. The company made a loss. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 5, 2024.
What happened at HYDROGENICS EUROPE?
What happened at HYDROGENICS EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Cory Treadaway stepped down as director. NBB
- Zech Christian stepped down as director. NBB
- Piet Berens stepped down as director. NBB
- New annual accounts for financial year 2023: loss of € 60.6 million. Source: NBB ↗
- Mieke Johan Sampermans stepped down as director. NBB
- Cory Treadaway became a director. NBB
- Zech Christian became a director. NBB
- Alexey Ustinov stepped down as director. NBB
In short
From € 13.2 million loss in 2021 to € 60.6 million loss in 2023.
Paid € 31,913 in corporate taxes since 2021.
Pays suppliers within 97 days on average.
A new publication or filing at HYDROGENICS EUROPE? We notify you, reason included.
Follow HYDROGENICS EUROPENeed more data?
History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
News about who you follow, reason included.
Then €29.99/mo excl. VAT, cancel monthly. No credit card to try; the AI assistant is not included, or only in a very limited form, during the trial month. Sign up now and you’ll be invited first.
Management
It owns 100% of CUMMINS HYDROGEN TECHNOLOGY (SHANGHAI) CO., LTD. and 100% of Cummins New Power, S.L itself.
Directors
According to the 2023 annual accounts
Cory Treadaway
Director
since 2023 · until 2029
Mieke Johan Sampermans
Director
since 2019 · until 2023
Alexey Ustinov
Director
since 2022 · until 2023
Piet Berens
Director
since 2020 · until 2025
Zech Christian
Director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Nijverheidsstraat 48 box C
2260 Westerlo
Nijverheidsstraat 48 C
2260 Westerlo
Active since 19 March 2001
Nijverheidsstraat 10
2260 Westerlo
Active since 26 September 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
Details
- Company number
- 0473.539.251
- VAT number
- BE 0473.539.251
- Registered office
- Nijverheidsstraat 48 bus C, 2260 Westerlo
- Names & denominations
- HYDROGENICS EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 December 2000
- Peppol
- Active · Active since 9 Jan 2026
- Activities · NACE
Vervaardiging van andere machines voor specifieke doeleinden neg