Hydrogen Europe
0890.025.478 · rovalta.com · 26/09/2026
ACTIVE
Hydrogen Europe
Financial year 2025 · Closed on 31/12/2025
Net result57,3 k €-91,9 %over 1 year
Gross margin3,6 M €-7,9 %over 1 year
Equity2,8 M €+2,1 %over 1 year
Workforce39,5 ETP+10,6 %over 1 year
Overview
Identity
Source · BCE/KBOHydrogen Europe is a International non-profit organization incorporated in 2007. Its main activity is: Market research and public opinion polling. Its registered office is in Bruxelles. It employs on average 39,5 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0890.025.478
- Incorporation
- 28/03/2007
- Legal form
- International non-profit organization
- Registered office
- Avenue Marnix 23
1000 Bruxelles · BruxellesSee on map - Latest accounts
- 31/12/2025
- Average workforce
- 39,5 ETP
Activities (NACE)
Joint committees (1)
- 335
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
Financials
Source · NBB, 12 filingsTrend over 12 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 3,6 M € | -7.9% | 3,9 M € | +36.8% | 2,8 M € | -25.9% | 3,8 M € | +103% | 1,9 M € |
| EBITDA | 342,7 k € | -62.6% | 916,6 k € | +750% | 107,8 k € | -92.0% | 1,4 M € | +1550% | 81,9 k € |
| Operating result | -2,1 k € | -100% | 691,7 k € | +1551% | 41,9 k € | -96.7% | 1,3 M € | +16544% | 7,6 k € |
| Net result | 57,3 k € | -91.9% | 709,1 k € | +1409% | 47 k € | -96.2% | 1,2 M € | +23743% | 5,2 k € |
| Balance sheet | |||||||||
| Equity | 2,8 M € | +2.1% | 2,8 M € | +34.3% | 2,1 M € | +2.3% | 2 M € | +158% | 783,1 k € |
| Total assets | 13,6 M € | +1.8% | 13,4 M € | -7.4% | 14,4 M € | +67.1% | 8,6 M € | -17.7% | 10,5 M € |
| Cash | 1,1 M € | -38.0% | 1,7 M € | -48.1% | 3,3 M € | +9.6% | 3 M € | -13.4% | 3,5 M € |
| Debts | 10,5 M € | +0.8% | 10,4 M € | -14.5% | 12,2 M € | +87.3% | 6,5 M € | -25.9% | 8,8 M € |
| Other | |||||||||
| Workforce | 39,5 ETP | +10.6% | 35,7 ETP | +4.4% | 34,2 ETP | -1.2% | 34,6 ETP | +43.6% | 24,1 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 10 M€ and 25 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/202516 active · 84 ended
Active mandates
ITM Power S. Etr.
ActiveAir Liquide S. Etr.
ActiveDOK-ING INDELOOP S. Etr.
ActiveLATVIAN HYDROGEN ASSOCIATION S. Etr.
ActiveLINDE AG S. Etr.
ActiveRobert Bosch GmbH
ActiveSNAM Spa S. Etr.
ActiveENGIE S. Etr.
ActiveHYDROGEN DENMARK S. Etr.
ActiveJohnSon Matthey S. Etr.
ActivePlastic Omnium New Energies France S. Etr.
ActiveSUNFIRE S. Etr.
ActiveRWE S. Etr.
ActiveAragon
ActiveEnded mandates
ENGIE S. Etr.
EndedHYDROGEN DENMARK S. Etr.
EndedJohnSon Matthey S. Etr.
EndedRWE S. Etr.
EndedOther companies at this address
Avenue Marnix 23 1000 Bruxelles| Company | CBE no. |
|---|---|
ADP Employer Services Belgium● Active | 0557.954.787 |
Advanced Instruments (Belgium)● Active | 0789.792.311 |
ADVANCED MICRO DEVICES BELGIUM● Active | 0425.773.976 |
AE Property Belgium● Active | 1011.287.356 |
AGP Belgium● Active | 0696.989.441 |
AIRPORT GARDEN HOTEL● Active | 0474.417.201 |
Andreas MEP Partners● Active | 1024.126.394 |
Andreas TopCo● Active | 1016.625.029 |
Andreas Warehouse● Active | 1022.044.260 |
Arabian Oud Belgium● Active | 1038.339.270 |
Ascensus Specialties● Active | 0700.966.342 |
Avocent Belgium Limited● Active | 0890.423.970 |
B-ARENA● Active | 0882.540.048 |
BASS MASTER ISSUER● Active | 0898.307.694 |
BAYREUTH● Active | 0475.231.209 |
BCEI Belgium● Active | 0764.855.688 |
BELGIAN LION● Active | 0808.394.535 |
Brabo Group Investments● Active | 1042.714.069 |
Brabo Infrastructure● Active | 1042.615.089 |
Brabo Investments● Active | 1042.464.938 |
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 30/07/2026 | 22/07/2025 | 29/07/2024 | 28/06/2023 | 21/07/2022 | 31/08/2021 |
| General meeting | 25/06/2026 | 24/06/2025 | 25/06/2024 | 27/06/2023 | 29/06/2022 | 23/06/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 12 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 25/06/2026 | 30/07/2026 | French | |
| Abridged model | 31/12/2024 | 24/06/2025 | 22/07/2025 | French | |
| Abridged model | 31/12/2023 | 25/06/2024 | 29/07/2024 | French | |
| Abridged model | 31/12/2022 | 27/06/2023 | 28/06/2023 | French | |
| Abridged model | 31/12/2021 | 29/06/2022 | 21/07/2022 | French | |
| Abridged model | 31/12/2020 | 23/06/2021 | 31/08/2021 | French | |
| Abridged model | 31/12/2019 | 01/07/2020 | 08/07/2020 | French | |
| Abridged model | 31/12/2018 | 26/06/2019 | 31/07/2019 | French | |
| Abridged model | 31/12/2017 | 11/07/2018 | 31/07/2018 | French | |
| Abridged model | 31/12/2016 | 23/03/2017 | 10/04/2018 | French | |
| Abridged model | 31/12/2015 | 16/07/2016 | 05/12/2016 | French | |
| Abridged model | 31/12/2014 | 24/06/2015 | 30/09/2015 | French |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 10 M€ and 25 M€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/202516 active · 84 ended
Active mandates
ITM Power S. Etr.
ActiveAir Liquide S. Etr.
ActiveDOK-ING INDELOOP S. Etr.
ActiveLATVIAN HYDROGEN ASSOCIATION S. Etr.
ActiveLINDE AG S. Etr.
ActiveRobert Bosch GmbH
ActiveSNAM Spa S. Etr.
ActiveENGIE S. Etr.
ActiveHYDROGEN DENMARK S. Etr.
ActiveJohnSon Matthey S. Etr.
ActivePlastic Omnium New Energies France S. Etr.
ActiveSUNFIRE S. Etr.
ActiveRWE S. Etr.
ActiveAragon
ActiveEnded mandates
ENGIE S. Etr.
EndedHYDROGEN DENMARK S. Etr.
EndedJohnSon Matthey S. Etr.
EndedRWE S. Etr.
EndedOwnership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates13/03/2026DEMISSIONS, NOMINATIONS
- Mandates17/11/2025DEMISSIONS, NOMINATIONS
- Mandates30/07/2025DEMISSIONS, NOMINATIONS
- Other03/02/2025STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Mandates28/08/2024DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Mandates04/06/2024DEMISSIONS, NOMINATIONS
- Mandates24/01/2024DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Mandates03/08/2023DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202557,3 k €↓
- 2024Annual accounts 2024709,1 k €↑
- 2023Annual accounts 202347 k €↓
- 2022Annual accounts 20221,2 M €↑
- 2021Annual accounts 20215,2 k €↑
- 2020Annual accounts 2020-13,2 k €↓
- 2019Annual accounts 2019190,2 k €↑
- 2018Annual accounts 201872,6 k €↑
- 2017Annual accounts 201723,6 k €↑
- 2017Name changeEuropean Industry Grouping for a Hydrogen and Fuel Cells Joint Technology Initiative
- 2016Annual accounts 201613,8 k €↓
- 2015Annual accounts 201532,7 k €↑
- 2015Name changeHYDROGEN EUROPE
- 2014Annual accounts 201418,9 k €
- 2014Name changele groupement industriel européen en faveur d'une initiative commune pour les technologies de l'hydrogène et des piles à combustible
- 28/03/2007IncorporationInternational non-profit organization