ACTIVE

Hydrogen Europe Research

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Financial year 2025 · Closed on 31/12/2025

Net result-677 €+98,7 %over 1 year
Gross margin348,1 k €+33,2 %over 1 year
Equity1,4 M €-0,0 %over 1 year

Identity

Source · BCE/KBO

Hydrogen Europe Research is a International non-profit organization incorporated in 2008. Its main activity is: Activities of professional membership organisations. Its registered office is in Bruxelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0897.679.372
Incorporation
30/04/2008
Legal form
International non-profit organization
Registered office
Avenue Marnix 23
1000 Bruxelles · BruxellesSee on map
Latest accounts
31/12/2025
Signals
Solid equityLow riskGood liquidityHealthy social debts

Financials

Source · NBB, 3 filings

Trend over 3 financial years

202520242023
Income statement
Gross margin348,1 k €261,3 k €301,1 k €
EBITDA-469 €-52,8 k €99 k €
Operating result-974 €-53,3 k €98,5 k €
Net result-677 €-52,8 k €98,4 k €
Balance sheet
Equity1,4 M €1,4 M €1,5 M €
Total assets1,5 M €1,4 M €1,6 M €
Cash1,3 M €1,4 M €1,5 M €
Debts29,3 k €–36,4 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

10 active · 2 ended

Active mandates

Christian SATTLER

Mandate

Active
Ekain FERNANDEZ GESALAGA

Mandate

Active
Guillermo FIGUERUELO MALO

Mandate

Active
Jakub KUPECKI

Mandate

Active
Javier DUFOUR ANDIA

Mandate

Active
Julie MOUGIN

Mandate

Active
Ludwig JÖRISSEN

Mandate

Active
Luigi CREMA

Mandate

Active
Steffen MOLLER-HOLST

Mandate

Active
Viviana CIGOLOTTI

Mandate

Active

Ended mandates

Daria VLADIKOVA

Mandate

Ended
Olaf JEDICKE

Mandate

Ended

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Full financial information

Source · NBB
202520242023
Type of accountMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/01/2023
Closing of the financial year31/12/202531/12/202431/12/2023
Length of the financial year12 months12 months12 months
Filing date22/06/202613/06/202502/10/2024
General meeting17/06/202612/06/202528/06/2024
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 3 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202517/06/202622/06/2026FrenchPDF
Micro model31/12/202412/06/202513/06/2025FrenchPDF
Micro model31/12/202328/06/202402/10/2024FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

10 active · 2 ended

Active mandates

Christian SATTLER

Mandate

Active
Ekain FERNANDEZ GESALAGA

Mandate

Active
Guillermo FIGUERUELO MALO

Mandate

Active
Jakub KUPECKI

Mandate

Active
Javier DUFOUR ANDIA

Mandate

Active
Julie MOUGIN

Mandate

Active
Ludwig JÖRISSEN

Mandate

Active
Luigi CREMA

Mandate

Active
Steffen MOLLER-HOLST

Mandate

Active
Viviana CIGOLOTTI

Mandate

Active

Ended mandates

Daria VLADIKOVA

Mandate

Ended
Olaf JEDICKE

Mandate

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates22/10/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office19/04/2024
    SIEGE SOCIAL
    PDF
  • Mandates10/11/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates29/11/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Other01/08/2022
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - OBJET
    PDF
  • Mandates20/05/2022
    DENOMINATION - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Registered office11/02/2021
    SIEGE SOCIAL - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates17/11/2020
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-677 €↑
  2. 2024
    Annual accounts 2024-52,8 k €↓
  3. 2023
    Annual accounts 202398,4 k €
  4. 30/04/2008
    IncorporationInternational non-profit organization