What does EUROPEAN MARKET DEVELOPMENT do?

EUROPEAN MARKET DEVELOPMENT is a wholesaler in Antwerpen. Public Limited, started on 1 March 1989, 1 establishment.

What is the address of EUROPEAN MARKET DEVELOPMENT?

The registered office of EUROPEAN MARKET DEVELOPMENT is located at Noorderlaan 121, 2030 Antwerpen.

Is EUROPEAN MARKET DEVELOPMENT still active?

Yes. According to the CBE (29 October 2026) EUROPEAN MARKET DEVELOPMENT is active, legal situation “Normale toestand”, started on 1 March 1989.

Is EUROPEAN MARKET DEVELOPMENT registered on Peppol?

Yes, EUROPEAN MARKET DEVELOPMENT is registered on the Peppol network with ID 0208:0436908487.

What is the enterprise number of EUROPEAN MARKET DEVELOPMENT?

The enterprise number of EUROPEAN MARKET DEVELOPMENT is BE0436908487.

When was EUROPEAN MARKET DEVELOPMENT founded?

EUROPEAN MARKET DEVELOPMENT was founded on 1 March 1989.

Who are the directors of EUROPEAN MARKET DEVELOPMENT?

According to the 2025 annual accounts, the directors of EUROPEAN MARKET DEVELOPMENT are: Yusuf YAMAN, Ludovic MERTENS, Ronny ROSENBAUM.

Is EUROPEAN MARKET DEVELOPMENT a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 March 1989; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did EUROPEAN MARKET DEVELOPMENT make in 2025?

EUROPEAN MARKET DEVELOPMENT posted a profit after taxes of € 175,660 in financial year 2025.

What is the revenue of EUROPEAN MARKET DEVELOPMENT?

As a small company, EUROPEAN MARKET DEVELOPMENT is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 480,907.

How much does an employee at EUROPEAN MARKET DEVELOPMENT earn?

The average wage cost per full-time employee at EUROPEAN MARKET DEVELOPMENT was € 29,900 in 2022: staff costs of € 32,888 for 1.1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

EUROPEAN MARKET DEVELOPMENT (Public Limited) - Antwerpen

Dossier EUROPEAN MARKET DEVELOPMENT, printed on 29 October 2026 from databakkes.be/en/0436908487/european-market-development. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

EUROPEAN MARKET DEVELOPMENT from Antwerpen, company number BE0436908487, closed financial year 2025 with a result of € 175,660 after tax. For that financial year EUROPEAN MARKET DEVELOPMENT recorded a gross margin of € 480,907 and equity of € 1.6 million. Compared with financial year 2024, the result moved from € -102,617 to € 175,660. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 12, 2026.

What it is worth Growing

€ 1.6 million

▲ 12% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 175,660

▲ still € 102,617 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 13,889

▼ 81% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -4.8 million.

Debts at end 2025

Bank debt

€ 5.6 million

▼ 3% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 46,901

▲ 51% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 33,393

▲ 11% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 334,899 Gross margin 2022: € 334,899 First fiscal year in the series	€ 110,634 Gross margin 2023: € 110,634 ▼ 67% vs 2022 (€ 334,899) Unfavourable step	€ 237,389 Gross margin 2024: € 237,389 ▲ 115% vs 2023 (€ 110,634) Favourable step	€ 480,907 Gross margin 2025: € 480,907 ▲ 103% vs 2024 (€ 237,389) Favourable step	▲ 103%
Profit after taxes	€ -4,717,672 Profit after taxes 2022: € -4,717,672 First fiscal year in the series	€ -238,442 Profit after taxes 2023: € -238,442 ▲ € 4.5 million vs 2022 (€ -4,717,672) Favourable step	€ -102,617 Profit after taxes 2024: € -102,617 ▲ € 135,825 vs 2023 (€ -238,442) Favourable step	€ 175,660 Profit after taxes 2025: € 175,660 ▲ € 278,277 vs 2024 (€ -102,617) Favourable step	▲ € 278,277
Equity	€ 1,568,074 Equity 2022: € 1,568,074 First fiscal year in the series	€ 1,384,883 Equity 2023: € 1,384,883 ▼ 12% vs 2022 (€ 1,568,074) Unfavourable step	€ 1,448,738 Equity 2024: € 1,448,738 ▲ 5% vs 2023 (€ 1,384,883) Favourable step	€ 1,624,397 Equity 2025: € 1,624,397 ▲ 12% vs 2024 (€ 1,448,738) Favourable step	▲ 12%
Total debts	€ 5,178,523 Total debts 2022: € 5,178,523 First fiscal year in the series	€ 5,454,048 Total debts 2023: € 5,454,048 ▲ 5% vs 2022 (€ 5,178,523) Unfavourable step	€ 5,788,613 Total debts 2024: € 5,788,613 ▲ 6% vs 2023 (€ 5,454,048) Unfavourable step	€ 5,658,576 Total debts 2025: € 5,658,576 ▼ 2% vs 2024 (€ 5,788,613) Favourable step	▼ 2%
Cash	€ 8,004 Cash 2022: € 8,004 First fiscal year in the series	€ 29,205 Cash 2023: € 29,205 ▲ 265% vs 2022 (€ 8,004) Favourable step	€ 71,805 Cash 2024: € 71,805 ▲ 146% vs 2023 (€ 29,205) Favourable step	€ 13,889 Cash 2025: € 13,889 ▼ 81% vs 2024 (€ 71,805) Unfavourable step	▼ 81%
Land & buildings	€ 6,562,500 Land & buildings 2022: € 6,562,500 First fiscal year in the series	€ 6,562,500 Land & buildings 2023: € 6,562,500 Unchanged (€ 6,562,500) Unchanged	€ 7,007,109 Land & buildings 2024: € 7,007,109 ▲ 7% vs 2023 (€ 6,562,500) Unchanged	€ 7,070,749 Land & buildings 2025: € 7,070,749 ▲ 1% vs 2024 (€ 7,007,109) Unchanged	▲ 1%
Retained profit	€ -4,659,178 Retained profit 2022: € -4,659,178 First fiscal year in the series	€ -4,897,621 Retained profit 2023: € -4,897,621 ▼ € 238,442 vs 2022 (€ -4,659,178) Unfavourable step	€ -5,000,238 Retained profit 2024: € -5,000,238 ▼ € 102,617 vs 2023 (€ -4,897,621) Unfavourable step	€ -4,824,578 Retained profit 2025: € -4,824,578 ▲ € 175,660 vs 2024 (€ -5,000,238) Favourable step	▲ € 175,660
Bank debt	€ 3,215,921 Bank debt 2022: € 3,215,921 First fiscal year in the series	€ 2,767,048 Bank debt 2023: € 2,767,048 ▼ 14% vs 2022 (€ 3,215,921) Favourable step	€ 5,727,466 Bank debt 2024: € 5,727,466 ▲ 107% vs 2023 (€ 2,767,048) Unfavourable step	€ 5,578,282 Bank debt 2025: € 5,578,282 ▼ 3% vs 2024 (€ 5,727,466) Favourable step	▼ 3%
Balance sheet total	€ 6,746,597 Balance sheet total 2022: € 6,746,597 First fiscal year in the series	€ 6,838,931 Balance sheet total 2023: € 6,838,931 ▲ 1% vs 2022 (€ 6,746,597) Unchanged	€ 7,237,351 Balance sheet total 2024: € 7,237,351 ▲ 6% vs 2023 (€ 6,838,931) Unchanged	€ 7,282,973 Balance sheet total 2025: € 7,282,973 ▲ 1% vs 2024 (€ 7,237,351) Unchanged	▲ 1%
Employees (FTE)	1.1 Employees (FTE) 2022: 1.1 First fiscal year in the series	-	-	-

Key figures of EUROPEAN MARKET DEVELOPMENT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to EUROPEAN MARKET DEVELOPMENT?

What happened at EUROPEAN MARKET DEVELOPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Oct 12, 2026 New annual accounts for financial year 2025: profit of € 175,660. filed late Source: NBB ↗
2024 Yusuf YAMAN became a director. NBB
2024 Ludovic MERTENS became a director. NBB
2024 Ronny ROSENBAUM became a director. NBB
May 19, 1989 New establishment in Antwerpen. KBO
Mar 1, 1989 Start of the company according to the CBE. KBO

In short

From € 4.7 million loss in 2022 to € 175,660 profit in 2025.

Paid € 10,057 in corporate taxes since 2022.

Best year ever: 2025, with € 175,660 profit.

On average € 304,500 of value added per employee in 2022.

Original PDFs at the National Bank ↗

Management

CONRAY 38.4%

TWILIGHT HOLDING 30%

IMMO YAMAN 21.6%

The stake of CONRAY, TWILIGHT HOLDING, IMMO YAMAN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

EUROPEAN MARKET DEVELOPMENT

Behind EUROPEAN MARKET DEVELOPMENT are Yusuf YAMAN, Ludovic MERTENS and Ronny ROSENBAUM. The shares are held by CONRAY (38.4%), TWILIGHT HOLDING (30%) and IMMO YAMAN (21.6%).

Directors

According to the 2025 annual accounts

Yusuf YAMAN

Director

Also active at: IMMO YAMAN, UNION B

since 2024

Ludovic MERTENS

Director

Also active at: Immo Helola, DNF ADVIESCO, dnf invest, TWILIGHT HOLDING, IMMO MATADOURO, IMMO ABATTOIR, DNF GROUP, dnf accountants for pensionfunds +1 more

since 2024

Ronny ROSENBAUM

Director

Also active at: Rosetree Fund

since 2024

Shareholders

CONRAY

38.4%

TWILIGHT HOLDING

30%

IMMO YAMAN

21.6%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Noorderlaan 121

2030 Antwerpen

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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0436.908.487

VAT number

BE 0436.908.487

Registered office

Noorderlaan 121, 2030 Antwerpen

Names & denominations

EUROPEAN MARKET DEVELOPMENT

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

1 March 1989

Peppol

Active · Active since 7 Apr 2026

Activities · NACE

Groothandel in huismeubilair

Detailhandel in huismeubilair

Detailhandel in huismeubilair in gespecialiseerde winkels

View on CBE Public ↗ Annual accounts (NBB) ↗

EUROPEAN MARKET DEVELOPMENT

Financials

What happened to EUROPEAN MARKET DEVELOPMENT?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions