Fuel Cell Power
Open bankruptcyA bankruptcy procedure is open for Fuel Cell Power according to publications in the Belgian State Gazette. The 2021 annual accounts show equity of €3.79M and a net result of €-455k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 05-07-2022, 26 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2021
26 d early
← before the deadline
after the deadline →
Financials · fiscal year 2021, abbreviated schema
Equity
€3.79M
Total assets
€3.90M
Net result
€-455k
Working capital
€3.00M
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Balance-sheet composition
Assets €3.89M
Fixed assets
€797k
Current assets
€3.10M
Equity and liabilities €3.90M
Equity
€3.79M
Debt
€106k
Debt finances 2.7% of the balance-sheet total.
Key figures and ratios
EBITDA
€-421k
Cash flow
€-427k
Solvency
97.3%
Current ratio
30.85
Quick ratio
30.85
Debt / equity
0.03
ROE
-12.0%
ROA
-11.7%
Interest coverage
-70.12
Debt
€106k
Debt ≤ 1 year
€100k
Staff costs
€68k
Filed annual accounts
As filed with the NBB · 2021
Balance sheet
Code2021
Assets
Total assets20/58€3.90M
Formation expenses20€6k
Fixed assets21/28€797k
Intangible fixed assets21€666k
Tangible fixed assets22/27€110k
Plant, machinery and equipment23€50k
Furniture and vehicles24€46k
Other tangible fixed assets26€13k
Financial fixed assets28€22k
Current assets29/58€3.10M
Amounts receivable within one year40/41€195k
Other amounts receivable41€195k
Cash at bank and in hand54/58€2.90M
Deferred charges and accrued income490/1€3k
Equity and liabilities
Total equity and liabilities10/49€3.90M
Equity10/15€3.79M
Contributions10/11€4.25M
Capital10€4.25M
Issued capital100€5.00M
Uncalled capital101€750k
Profit (loss) carried forward14€-455k
Amounts payable17/49€106k
Amounts payable within one year42/48€100k
Trade debts44€90k
Suppliers440/4€90k
Taxes, remuneration and social security45€10k
Remuneration and social security454/9€10k
Accrued charges and deferred income492/3€6k
Income statement
Code2021
Remuneration, social security and pensions62€68k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k
Other operating charges640/8€2k
Gross operating margin9900€-351k
Operating profit (loss)9901€-449k
Financial income75/76B€25
Recurring financial income75€25
Financial charges65/66B€6k
Recurring financial charges65€6k
Profit (loss) for the period before taxes9903€-455k
Profit (loss) for the period9904€-455k
Profit (loss) for the period to be appropriated9905€-455k
Appropriation of the result
Profit (loss) to be appropriated9906€-455k
Social balance
Average headcount (FTE)90871.4
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
03-04
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · FUEL CELL POWER NV NIJVERHEIDSSTRAAT 13, 2260 WESTERLO · event 28-03-2023
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
SignalNBB filing
Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Westerlo · 2 establishment units since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Nijverheidsstraat 132260 WesterloGround area
8.2 ha
Building footprint
2.4 ha
Volume, LiDAR
37,410 m³
2 parcels, Flanders · tallest building 30.0 m, ±8 floors. Linked by address, not a title deed.
2 establishment units
Fuel Cell Power
since 20212.314.994.278
Bell-Telephonelaan 2, 2440 Geel
since 20212.319.795.679
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13375M0234/00L002 | Flanders | 5.8 ha | 1 · 2.3 ha | - |
| 13028B0138/00V000 | Flanders | 2.4 ha | 1 · 1,680 m² | 30.0 m · 8 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | PAUL VAN ROMPAEY ZANDBERG 19, 2260 WESTERLO- |
28-03-2023 → present |
| Curator | NIELS FEYTONS ZANDBERG 19,
2260 WESTERLO |
28-03-2023 → present |
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 1,137 EUR awarded · 1,137 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 1,137 EUR | 1,137 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 2,140 companies in sector 71209 we hold annual accounts for 1,081. 287 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded15-03-2021
Fiscal year end31-12
Abbreviation NL
FCP
Activities, NACEBEL
71209Other technical testing and analysis
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:+3214574648