ACTIVE

EUROPEAN MARKET DEVELOPMENT

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Financial year 2024 · Closed on 31/12/2024

Net result
-102,6 k €
+57,0 %over 1 year
Gross margin
237,4 k €
+114,6 %over 1 year
Equity
1,4 M €
+4,6 %over 1 year

Identity

Source · BCE/KBO

EUROPEAN MARKET DEVELOPMENT is a Public limited company incorporated in 1989. Its main activity is: Wholesale of furniture, carpets and lighting equipment. Its registered office is in Antwerpen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0436.908.487
Incorporation
01/03/1989
Legal form
Public limited company
Registered office
Noorderlaan 121
2030 Antwerpen · FlandreSee on map
Contributed capital
250 000,00 €
Latest accounts
31/12/2024
Joint committees (5)
  • 100
  • 10000
  • 200
  • 20000
  • 218
Signals
Good liquidityPositive EBITDA

Financials

Source · NBB, 19 filings

Trend over 17 financial years

20242023202220212018
Income statement
Gross margin237,4 k €110,6 k €334,9 k €561,5 k €891,1 k €
EBITDA208,9 k €7,3 k €-754,2 k €294,9 k €692 k €
Operating result208,7 k €-49 k €-821,8 k €228,7 k €474,3 k €
Net result-102,6 k €-238,4 k €-4,7 M €80 k €237,2 k €
Balance sheet
Equity1,4 M €1,4 M €1,6 M €308,5 k €2,4 M €
Total assets7,2 M €6,8 M €6,7 M €7,7 M €7,9 M €
Cash71,8 k €29,2 k €8 k €14,5 k €13,1 k €
Debts5,8 M €5,4 M €5,2 M €7,4 M €5,6 M €
Other
Workforce––1,1 ETP2,3 ETP2,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

5 active · 33 ended

Active mandates

Ludovic MERTENS

Director · since 30 janvier 2024

Active
Ronny ROSENBAUM

Director · since 30 janvier 2024

Active
Yusuf YAMAN

Director · since 30 janvier 2024

Active
Kirsten VAN ACHTEREN

Director · since 24 septembre 2022 · until 30 janvier 2024

Active
Raymond VAN ACHTEREN

Director · since 24 septembre 2022 · until 30 janvier 2024

Active

Ended mandates

BELFINNOORD

Director · since 24 septembre 2015 · until 21 mai 2021 · 0431.434.917

Represented by Raymond Van Achteren

Ended
BELFINNOORD

Director · since 24 septembre 2015 · until 29 mai 2026 · 0431.434.917

Represented by Raymond Van Achteren

Ended
BELFINNOORD

Director · since 24 septembre 2015 · until 24 septembre 2022 · 0431.434.917

Represented by Raymond VAN ACHTEREN

Ended
BELFINNOORD

Director · since 24 septembre 2015 · 0431.434.917

Represented by Raymond Van Achteren

Ended

Other companies at this address

Noorderlaan 121 2030 Antwerpen
CompanyCBE no.
AFRIMAR● Active
0468.116.258
Commodity Services Holding● Active
0553.456.561
ILOMAR HOLDING● Active
0477.765.679
LCL Global● Bankrupt
0479.128.728
Molenbergnatie● Active
0404.785.354
One 2 One● Active
0799.267.726
ONE 2 ONE LEASE● Active
1006.654.419
Port Real Estate Solutions● Active
0541.574.853
TWILIGHT HOLDING● Active
0637.977.710

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date07/10/202516/07/202416/07/202409/02/202328/10/202109/10/2020
General meeting30/09/202528/06/202431/10/202330/06/202230/09/202107/09/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202430/09/202507/10/2025DutchPDF
Abridged model31/12/202328/06/202416/07/2024DutchPDF
Abridged model31/12/202231/10/202316/07/2024DutchPDF
Abridged model31/12/202130/06/202209/02/2023DutchPDF
Abridged model31/12/202030/09/202128/10/2021DutchPDF
Abridged model31/12/201907/09/202009/10/2020DutchPDF
Abridged model31/12/201828/06/201916/12/2019DutchPDF
Abridged model31/12/201729/06/201830/09/2018DutchPDF
Abridged model31/12/201630/06/201730/07/2017DutchPDF
Abridged model31/12/201530/06/201631/08/2016DutchPDF
Abridged model31/12/201422/06/201513/08/2015DutchPDF
Abridged model31/12/201324/06/201408/08/2014DutchPDF
Abridged model31/12/201210/06/201310/07/2013DutchPDF
Abridged model31/12/201122/05/201230/08/2012DutchPDF
Abridged model31/12/201023/05/201131/08/2011DutchPDF
Abridged model31/12/200922/05/201030/08/2010DutchPDF
Abridged model31/12/200826/06/200928/08/2009DutchPDF
Abridged model31/12/200716/05/200829/08/2008DutchPDF
Abridged model31/12/200618/05/200714/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 31/12/2024

5 active · 33 ended

Active mandates

Ludovic MERTENS

Director · since 30 janvier 2024

Active
Ronny ROSENBAUM

Director · since 30 janvier 2024

Active
Yusuf YAMAN

Director · since 30 janvier 2024

Active
Kirsten VAN ACHTEREN

Director · since 24 septembre 2022 · until 30 janvier 2024

Active
Raymond VAN ACHTEREN

Director · since 24 septembre 2022 · until 30 janvier 2024

Active

Ended mandates

BELFINNOORD

Director · since 24 septembre 2015 · until 21 mai 2021 · 0431.434.917

Represented by Raymond Van Achteren

Ended
BELFINNOORD

Director · since 24 septembre 2015 · until 29 mai 2026 · 0431.434.917

Represented by Raymond Van Achteren

Ended
BELFINNOORD

Director · since 24 septembre 2015 · until 24 septembre 2022 · 0431.434.917

Represented by Raymond VAN ACHTEREN

Ended
BELFINNOORD

Director · since 24 septembre 2015 · 0431.434.917

Represented by Raymond Van Achteren

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates05/02/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office16/11/2022
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates10/11/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares29/10/2014
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates19/07/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/05/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares13/07/2010
    KAPITAAL - AANDELEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024-102,6 k €↑
  2. 2023
    Annual accounts 2023-238,4 k €↑
  3. 2022
    Annual accounts 2022-4,7 M €↓
  4. 2021
    Annual accounts 202180 k €↓
  5. 2018
    Annual accounts 2018237,2 k €↓
  6. 2017
    Annual accounts 2017278,9 k €↓
  7. 2016
    Annual accounts 2016863,4 k €↑
  8. 2015
    Annual accounts 2015-345,3 k €↓
  9. 2014
    Annual accounts 201453,1 k €↓
  10. 2013
    Annual accounts 201378,1 k €↑
  11. 2012
    Annual accounts 201274,4 k €↓
  12. 2011
    Annual accounts 201175,7 k €↑
  13. 2010
    Annual accounts 201061,5 k €↓
  14. 2009
    Annual accounts 200985,1 k €↑
  15. 2008
    Annual accounts 200823,9 k €↓
  16. 2007
    Annual accounts 200755,5 k €↓
  17. 2006
    Annual accounts 2006285,7 k €
  18. 01/03/1989
    IncorporationPublic limited company