Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
Nel Hydrogen Electrolyser Belgium from Wommelgem, company number BE0774641802, closed financial year 2025 with a result of € -11,570 after tax. For that financial year Nel Hydrogen Electrolyser Belgium recorded a gross margin of € 381,825 and equity of € 34,861. Compared with financial year 2024, the result moved from € 7,666 to € -11,570. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 8, 2026.
€ 34,861
▼ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -11,570
▼ still € 7,666 profit in 2024
Profit after tax over the fiscal year.
€ 638,577
▲ 157% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 9,861.
People and assets in 2025
2
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 386,979
▲ 12% vs 2024
€ 193,500 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 2025
None
No bank loans on the last day of the fiscal year.
€ 31,096
▼ 49% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 47,348
▲ 65% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 291,731 | € 383,861 | € 402,137 | € 381,825 | ▼ 5% |
| Profit after taxes | € 8,766 | € 7,519 | € 7,666 | € -11,570 | ▼ € 19,236 |
| Equity | € 31,246 | € 38,765 | € 46,431 | € 34,861 | ▼ 25% |
| Total debts | € 345,356 | € 782,678 | € 946,693 | € 936,038 | ▼ 1% |
| Cash | € 11,946 | € 36,883 | € 248,093 | € 638,577 | ▲ 157% |
| Retained profit | € 6,246 | € 13,765 | € 21,431 | € 9,861 | ▼ 54% |
| Balance sheet total | € 376,602 | € 821,443 | € 993,124 | € 970,899 | ▼ 2% |
| Employees (FTE) | 1.9 | 2 | 1.8 | 2 | ▲ 0.2 |
Key figures of Nel Hydrogen Electrolyser Belgium, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Nel Hydrogen Electrolyser Belgium?
What happened at Nel Hydrogen Electrolyser Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 11,570 (▼ € 19,236 vs 2024). Source: NBB ↗
- Herman LINDQVIST became a director. NBB
- Berg TORBJØRN became a director. NBB
- Karianne SKILLBERG became a director. NBB
- Anders KJØLL stepped down as director. NBB
- New establishment in Wommelgem. KBO
- Anders KJØLL became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 8,766 profit in 2022 to € 11,570 loss in 2025.
Paid € 11,851 in corporate taxes since 2022.
Best year ever: 2022, with € 8,766 profit.
On average € 190,900 of value added per employee in 2025.
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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
Behind Nel Hydrogen Electrolyser Belgium are Herman LINDQVIST, Berg TORBJØRN and Karianne SKILLBERG. The shares are held by NEL Hydrogen Electrolyser AS (100%).
Directors
According to the 2025 annual accounts
Herman LINDQVIST
Director
since 2026
Berg TORBJØRN
Director
since 2026
Karianne SKILLBERG
Director
since 2026
Anders KJØLL
Director
since 2021 · until 2026
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Nijverheidsstraat 70
2160 Wommelgem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
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€ -10,318 gross margin · 2023
+4 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
- 0774.641.802
- VAT number
- BE 0774.641.802
- Registered office
- Nijverheidsstraat 70, 2160 Wommelgem
- Names & denominations
- Nel Hydrogen Electrolyser Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 27 September 2021
- Peppol
- Active · Active since 11 Oct 2021
- Activities · NACE
Groothandel in elektrisch materiaal, inclusief installatiemateriaal