Plug Power Antwerpen
The computed 12-month bankruptcy probability of Plug Power Antwerpen is 2.2% (moderate). 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.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Fiscal year | 2023 |
|---|---|
| Deposit | volledig |
| 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) | - |
Full annual accounts (16 line items)
| 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 | Productie van gas(35210) |
| Legal form | Private limited company(610) |
| Incorporation | 13-03-2023 |
| Status | Active |
| Postal code | 2018 |
Show 2 more network connections
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.
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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"
}
}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"
}
}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": []
}| Legal nameNL | Plug Power Antwerpen |