Hydrogenics Europe SA
245.5 FTEHydrogenics Europe reported revenue of €28.1m for the 2024 financial year (non-consolidated annual accounts filed with the NBB on 14 Oct 2026), with 245.5 full-time equivalents.
By total assets for 2024, Hydrogenics Europe is the largest of the 201 companies in its sector (NACE 2899) in Belgium that filed accounts for that financial year. Largest companies in the sector →
The score of Hydrogenics Europe shows with a free account.
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- Balance sheet strength
- Liquidity
- Repayment capacity
- Profitability
- Trajectory
- Compliance and register
- Position in its sectorvs peers
- Supplier creditat 30 d
- Borrowing capacityborrowable
- Valuationcentral
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Key figures 2024
Change 2021 → 2024: Revenue +79 % Equity +2713 % Total assets +661 % Headcount (avg FTE) +139 %
Accounts of the company itself (not consolidated). Consolidated group accounts are also filed: they are in the full file.
The full file covers 10 financial years; a free account shows 2. →Deterministic calculation on the filed accounts, no AI. Dispute the score or report an error
Hydrogenics Europe's annual accounts
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Revenue | €28.1m | ||||
| Net result | −€105.8m | ||||
| Equity | €124.5m | ||||
| Cash | €40.3m | ||||
| EBITDA | −€46.0m | ||||
| Total assets | €257.5m |
Filed annual accounts
- Year ended 31 Dec 2024filed on 14 Oct 2026
- Year ended 31 Dec 2023filed on 05 Jul 2024
- Year ended 31 Dec 2022filed on 30 Jun 2023
- Year ended 31 Dec 2021filed on 14 Jun 2022
- Year ended 31 Dec 2020filed on 15 Jun 2021
Hydrogenics Europe's financial analysis
- Solvency48.3%sector median: 49.2%
- Current ratio
- Net margin
- ROE
- Financial debt / EBITDA
- Interest coverage
- Days sales outstanding (DSO)
Management and control of Hydrogenics Europe
Hydrogenics Europe's publications in the Belgian Gazette
Company number, VAT number and registered office
- Company number (CBE)
- 0473.539.251
- VAT number
- BE0473539251
- Peppol
- Registered · 0208:0473539251 · as of 10 Nov 2026
- Legal form
- SA
- Incorporated
- 15 Dec 2000
- Registered office
- 2260 Westerlo
- Size
- Medium · 245.5 FTE
- Latest accounts
- 2024 · filed on 14 Oct 2026
- Activity
- Manufacture of other special-purpose machinery n.e.c. (NACE 28990)
Hydrogenics Europe (SA) has been based in Westerlo since 2000, active in: manufacture of other special-purpose machinery n.e.c.. For 2024, it reports revenue of €28.1m, a net loss of €105.8m and equity of €124.5m. With 245.5 full-time equivalents, it is a medium-sized enterprise by headcount.
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Companies similar to Hydrogenics Europe
Companies in the same business, of comparable size and area, outside its group.
- Etablissements de Simone Manufacture of other special-purpose machinery n.e.c. Farciennes · balance sheet €11.1m
- GEA Process Engineering Manufacture of other general-purpose machinery n.e.c. Halle · balance sheet €193.0m
- Xeikon Manufacturing Manufacture of other special-purpose machinery n.e.c. Lier · balance sheet €80.3m
- Power Tools Distribution Wholesale of machine tools Bilzen-Hoeselt · balance sheet €200.7m
- Mecanique de Precision Colinet Manufacture of machinery for mining, quarrying and construction Le Roeulx · balance sheet €39.0m
- AZO Manufacture of other special-purpose machinery n.e.c. Antwerp · balance sheet €38.5m
- GB Boucherie Manufacture of other special-purpose machinery n.e.c. Izegem · balance sheet €20.9m
- Husqvarna Belgium Manufacture of other general-purpose machinery n.e.c. Ath · balance sheet €35.3m
Frequently asked questions about Hydrogenics Europe
What is the revenue of Hydrogenics Europe?
According to the 2024 annual accounts filed with the NBB, the revenue of Hydrogenics Europe amounts to 28,087,212 €.
What is the VAT number of Hydrogenics Europe?
In Belgium, the VAT number is the company number prefixed with BE: BE0473539251 for Hydrogenics Europe, if the company is VAT-registered. Its company number (CBE) is 0473.539.251.
Where is the registered office of Hydrogenics Europe?
According to the CBE register, the registered office of Hydrogenics Europe is in 2260 Westerlo.
What is the equity of Hydrogenics Europe?
At the close of the 2024 financial year, the equity of Hydrogenics Europe amounts to 124,496,871 €, a solvency of 48.3% of total assets.
How many people work at Hydrogenics Europe?
245.5 full-time equivalents on average according to the 2024 social balance sheet.
Who manages Hydrogenics Europe?
The register lists 3 active mandates at Hydrogenics Europe. Names and roles are in the full file, with the deeds published in the Belgian Gazette.
How large is Hydrogenics Europe within its sector?
By total assets for 2024, Hydrogenics Europe is the largest of the 201 companies in its sector (NACE 2899) in Belgium that filed accounts for that financial year.
The full file of Hydrogenics Europe
Directors and mandates, ownership network, Gazette deeds, ten years of accounts and ratios, Excel export, and Idonis's analysis in one question.
Open the full file →