Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
70 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Plug Power Antwerpen from Antwerpen, company number BE0799468357, closed financial year 2025 with a result of € -742,070 after tax. Compared with financial year 2024, the result moved from € -1.9 million to € -742,070. The company made a loss. 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 August 28, 2026.
€ -7 million
▼ € 742,070 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -742,070
▲ 61 % less loss than in 2024
Profit after tax over the fiscal year.
€ 98,681
▼ 82% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -16.5 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 299,451
▲ € 263,682 vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 163 days on average.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Profit after taxes | € -13,915,538 | € -1,885,882 | € -742,070 | ▲ € 1.1 million |
| Equity | € -6,915,538 | € -6,301,420 | € -7,043,491 | ▼ € 742,070 |
| Total debts | € 9,047,410 | € 7,033,985 | € 7,142,422 | ▲ 2% |
| Cash | € 1,475,475 | € 538,570 | € 98,681 | ▼ 82% |
| Retained profit | € -13,915,538 | € -15,801,420 | € -16,543,491 | ▼ € 742,070 |
| Balance sheet total | € 2,131,872 | € 732,565 | € 98,932 | ▼ 86% |
Key figures of Plug Power Antwerpen, fiscal years 2023 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 Plug Power Antwerpen?
What happened at Plug Power Antwerpen in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 742,070. filed late Source: NBB ↗
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 13.9 million loss in 2023 to € 742,070 loss in 2025.
Pays suppliers within 163 days on average.
Management
Behind Plug Power Antwerpen are Jeroen Van Erven and Benjamin Haycraft.
Directors
According to the 2025 annual accounts
Jeroen Van Erven
Director
Benjamin Haycraft
Director
Establishments
Establishment units
Physical locations of this company
De Keyserlei 60C box 1301
2018 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 70 companies are registered at this address.
All companies at this address →Sagax BE Industrial 1
€ 954,555 gross margin · 2025
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€ -1,414 gross margin · 2025
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€ -29,183 gross margin · 2025
COOK BELGIUM
€ 17.9 million revenue · 2025
UNIVERSAL ASSOCIATION
€ 53,077 gross margin · 2025
+65 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
- 0799.468.357
- VAT number
- BE 0799.468.357
- Registered office
- De Keyserlei 60C bus 1301, 2018 Antwerpen
- Names & denominations
- Plug Power Antwerpen
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 March 2023
- Peppol
- Active · Active since 7 May 2026
- Activities · NACE
Productie van gas