Plug Power Antwerpen
The computed 12-month bankruptcy probability of Plug Power Antwerpen is 2.2% (average). The 2023 annual accounts show negative equity (€-6.92M) and a net result of €-13.92M. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-6.92M |
| Net result | €-13.92M |
| Active | 3 yrs |
| Locations | 1 |
Mixed profile: strong on profitability, weaker on health.
Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?
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See plans →| Fiscal year | 2023 |
|---|---|
| Revenue | — |
| EBITDA | — |
| Net profit | €-13.92M |
| Cash flow | — |
| Staff costs | — |
| Income taxes | — |
| Dividends | — |
| Total assets | €2.13M |
| Equity | €-6.92M |
| Debt | €9.05M |
| of which ≤ 1y | €9.05M |
| of which > 1y | — |
| Working capital | €-6.92M |
| Employees (FTE) | — |
| 2023 | |
|---|---|
| Current ratio | 0.24 |
| Quick ratio | 0.24 |
| Working capital ratio | -324.4% |
| Solvency | -324.4% |
| Debt / equity | -1.31 |
| Long-term debt ratio | — |
| Interest coverage | — |
| Gross margin | — |
| Net margin | — |
| ROA | -652.7% |
| ROE | 201.2% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €2.13M |
| Current assets | 29/58 | €2.13M |
| Amounts receivable within one year | 40/41 | €656k |
| Cash & bank | 54/58 | €1.48M |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.13M |
| Equity | 10/15 | €-6.92M |
| Contributions / capital | 10/11 | €7.00M |
| Accumulated profits (losses) | 14 | €-13.92M |
| Amounts payable | 17/49 | €9.05M |
| Amounts payable within one year | 42/48 | €9.05M |
| Trade debts payable within one year | 44 | €2.02M |
| Income statement | ||
| Operating result | 9901 | €-13.91M |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €-13.92M |
| Net result for the period | 9904 | €-13.92M |
| Result to be appropriated | 9905 | €-13.92M |
Former directors (1)
-
Former— → 10-10-2025
| NACE primary | 35210 |
| Legal form | Private limited company(610) |
| Incorporation | 13-03-2023 |
| Status | Active |
| Postal code | 2018 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1298/00C000 | Flanders | 3,154 m² | 1 · 885 m² | — |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
07-01-2026 Sanjay Shrestha resigns as director
- Sanjay Shrestha — Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Sanjay Shrestha",
"address": null,
"birth_date": null
},
"effective_date": "2025-10-10",
"evidence_quote": "De vergadering van aandeelhouders neemt, na beraadslaging, met \u00E9\u00E9nparigheid van stemmen de volgende beslissingen: 1. Met betrekking tot de eerste punt, beslist de vergadering het ontslag van de heer Sanjay Shrestha, geboren te Nepal op 24 oktober 1973 vanaf 10 oktober 2025 en verleent hem kwijting v",
"discharge_granted": true
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0799.468.357",
"name_full": "PLUG POWER ANTWERPEN",
"legal_form": "BV"
}
}07-01-2026 Sanjay Shrestha resigns as director (executive)
- Sanjay Shrestha — Directeur
Technical details
{
"events": [
{
"kind": "director_out",
"role": "directeur",
"person": {
"rrn": null,
"name": "Sanjay Shrestha",
"address": null,
"birth_date": "1973-10-24",
"profession": null,
"birth_place": "Nepal"
},
"reason": "de_plein_droit_dissolution",
"subkind": "regular",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2025-10-10",
"evidence_quote": "De vergadering van aandeelhouders neemt, na beraadslaging, met \u00E9\u00E9nparigheid van stemmen de volgende beslissingen: 1. Met betrekking tot de eerste punt, beslist de vergadering het ontslag van de heer Sanjay Shrestha, geboren te Nepal op 24 oktober 1973 vanaf 10 oktober 2025 en verleent hem kwijting v",
"decharge_status": "granted",
"mandate_duration": null,
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},
{
"kind": "decharge_granted",
"role": "directeur",
"person": {
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"name": "Sanjay Shrestha",
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"birth_date": "1973-10-24",
"profession": null,
"birth_place": "Nepal"
},
"reason": null,
"subkind": "regular",
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "De vergadering van aandeelhouders neemt, na beraadslaging, met \u00E9\u00E9nparigheid van stemmen de volgende beslissingen: 1. Met betrekking tot de eerste punt, beslist de vergadering het ontslag van de heer Sanjay Shrestha, geboren te Nepal op 24 oktober 1973 vanaf 10 oktober 2025 en verleent hem kwijting v",
"decharge_status": "granted",
"mandate_duration": null,
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
},
{
"kind": "substantive_delegation",
"role": "vaste_vertegenwoordiger",
"person": {
"rrn": null,
"name": "Nicolas Louis",
"address": null,
"birth_date": null,
"profession": null,
"birth_place": null
},
"reason": null,
"subkind": "additional",
"via_org": {
"kbo": "0890.994.191",
"name": "DEPRINCE. CHERPION \u0026 ASSOCI\u00C9S BV",
"address": "Oorlogskruisenlaan 149 bus 13, 1120 Brussel",
"country": "BE",
"legal_form": "BV"
},
"statutory": null,
"compensated": null,
"effective_date": null,
"evidence_quote": "De vergadering verleent, met recht van indeplaatsstelling, aan het advieskantoor DEPRINCE. CHERPION \u0026 ASSOCI\u00C9S BV, vertegenwoordigd door de heer Nicolas Louis, of enige andere medewerker, met kantoren te 1120 Brussel, Oorlogskruisenlaan 149 bus 13, ingeschreven bij het Kruispuntbank van Onderneminge",
"decharge_status": null,
"mandate_duration": {
"kind": "indefinite",
"value": null
},
"rep_rotation_new_rep": null,
"rep_rotation_old_rep": null,
"effective_date_qualifier": null
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Antwerpen",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2026-01-07",
"filing_date": "2025-12-29",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2025-11-03",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0799.468.357",
"name_full": "PLUG POWER ANTWERPEN",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Nicolas Louis",
"org_rep_person_name": null,
"person_role_at_subject": "Lasthebber"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}26-11-2024 Registered office moved within Antwerpen
- De Keyserlei 58-60, 2018 Antwerpen → De Keyserlei 60C, 2018 Antwerpen
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Antwerpen",
"region": null,
"street": "De Keyserlei",
"country": "BE",
"postcode": "2018",
"box_number": "1301",
"street_number": "60C"
},
"old_address": {
"city": "Antwerpen",
"region": null,
"street": "De Keyserlei",
"country": "BE",
"postcode": "2018",
"box_number": null,
"street_number": "58-60"
},
"effective_date": null,
"evidence_quote": "Wijziging van de zetel ... Het adres zal vanaf heden gewijzigd worden naar De Keyserlei 60C bus 1301 2018 Antwerpen."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0799.468.357",
"name_full": "PLUG POWER ANTWERPEN",
"legal_form": "BV"
}
}26-11-2024 Registered office moved within Antwerpen
- De Keyserlei 58-60 2018 Antwerpen → De Keyserlei 60C bus 1301 2018 Antwerpen
Technical details
{
"events": [
{
"kind": "zetel_clause_amendment_no_move",
"seat_type": "siege_social",
"new_address": {
"raw": "De Keyserlei 60C bus 1301 2018 Antwerpen",
"city": "Antwerpen",
"region": "waals_gewest",
"street": "De Keyserlei",
"country": "BE",
"postcode": "1301",
"box_number": "C",
"street_number": "60",
"locality_suffix": null
},
"old_address": {
"raw": "De Keyserlei 58-60 2018 Antwerpen",
"city": "Antwerpen",
"region": "vlaams_gewest",
"street": "De Keyserlei",
"country": "BE",
"postcode": "2018",
"box_number": null,
"street_number": "58-60",
"locality_suffix": null
},
"effective_date": "2024-11-14",
"evidence_quote": "Op 11/04/2024 keurde de burgemeester in besluit 2024_BB_00582 de nieuwe interne nummering voor het pand De Keyserlei 58, 60 en 62 goed. Het adres zal vanaf heden gewijzigd worden naar De Keyserlei 60C bus 1301 2018 Antwerpen.",
"region_changed": true,
"is_statute_change": false,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "werkelijke",
"linguistic_region_changed": true,
"court_jurisdiction_changed": true,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-11-26",
"filing_date": "2024-11-14",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "enig_aandeelhouder_schriftelijk",
"date": "2024-11-14",
"unanimous": null
},
"subject_company": {
"kbo": "0799.468.357",
"name_full": "Plug Power Antwerpen",
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Jeroen van Erven",
"org_rep_person_name": null,
"person_role_at_subject": "Bestuurder"
},
"co_filed_documents": []
}19-02-2024 Capital increase of €6,900,000 to €6,900,000
- €0 → €6.900.000
- Inbreng in geld · Apport en numéraire
Technical details
{
"events": [
{
"kind": "capital_increase",
"after_eur": 6900000.0,
"delta_eur": 6900000.0,
"before_eur": 0.0,
"_arith_derived": "before",
"share_emission": {
"agio_eur": null,
"share_form": null,
"share_class": null,
"n_new_shares": null,
"with_new_shares": false,
"nominal_value_eur": null,
"issue_price_per_share_eur": null
},
"decrease_purpose": null,
"contribution_type": "geld",
"paid_up_delta_eur": 0.0,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": null,
"statutory_unavailable_equity_op": "create"
}
],
"notary": {
"name": "Yorik DESMYTTERE",
"firm_city": null,
"firm_name": "BERQUIN NOTARISSEN",
"office_city": "Brussel",
"is_associated": true
},
"act_meta": {
"language": "nl",
"pub_date": "2024-02-19",
"filing_date": "2024-02-15",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2023-12-28",
"unanimous": null,
"under_authorized_capital": false,
"underlying_resolution_date": null
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0799.468.357",
"name_full": "Plug Power Antwerpen",
"legal_form": "B.V.",
"is_foreign_registered": false
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"uitgifte van het proces-verbaal",
"volmacht"
],
"shareholders_after": [],
"share_classes_after": []
}19-02-2024 Capital increase of €6,900,000
Technical details
{
"events": [
{
"kind": "capital_increase",
"amount": 6900000.0,
"currency": "EUR",
"after_eur": null,
"delta_eur": 6900000.0,
"before_eur": null,
"amount_type": "kapitaal_effectief",
"effective_date": "2023-12-28",
"evidence_quote": "De vergadering beslist het eigen vermogen van de Vennootschap te verhogen ten belope van 6.900.000,00 EUR, en beslist dat deze bijkomende inbreng zal verwezenlijkt worden door een inbreng in geld en dat zij zal gebeuren zonder uitgifte van nieuwe aandelen",
"contribution_type": "cash"
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0799.468.357",
"name_full": "PLUG POWER ANTWERPEN",
"legal_form": "BV"
}
}15-03-2023 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "De Keyserlei 58-60, 2018 Antwerpen",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": {
"kbo": "0799.430.745",
"name": "Plug Project Holding Co. LLC"
},
"kind": "rechtspersoon",
"person": null,
"share_class": "naam",
"partner_role": null,
"holder_org_kbo": "0799.430.745",
"holder_org_name": "Plug Project Holding Co. LLC",
"contribution_type": "cash",
"amount_paid_in_eur": 0,
"holder_person_name": null,
"is_subscriber_only": true,
"n_shares_subscribed": 1000,
"amount_subscribed_eur": 100000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 100000,
"subject_company": {
"kbo": "0799.468.357",
"name_full": "Plug Power Antwerpen",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2023-03-13",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Plug Power Antwerpen |