Financials
Financial year 2024
EMPIRE FOODS from Quaregnon, company number BE0518976130, closed financial year 2024 with a result of € 11,795 after tax. For that financial year EMPIRE FOODS recorded a gross margin of € 66,963 and equity of € 23,017. Compared with financial year 2023, the result moved from € 4,515 to € 11,795. 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 June 25, 2025.
€ 23,017
▲ 105% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 11,795
▲ 161% vs 2023
Profit after tax over the fiscal year.
€ 28,135
▲ 115% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 14,517.
People and assets in 2024
€ 2,213
▲ 142% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 7,915
▼ 55% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 27,214
▲ 16% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 16,628
▲ € 15,654 vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -38,222 | € 36,477 | € 19,352 | € 66,963 | ▲ 246% |
| Profit after taxes | € -57,895 | € 19,784 | € 4,515 | € 11,795 | ▲ 161% |
| Equity | € -13,077 | € 6,707 | € 11,222 | € 23,017 | ▲ 105% |
| Total debts | € 106,884 | € 89,610 | € 51,450 | € 48,720 | ▼ 5% |
| Cash | € 1,747 | € 9,061 | € 13,057 | € 28,135 | ▲ 115% |
| Retained profit | € -21,577 | € -1,793 | € 2,722 | € 14,517 | ▲ € 11,795 |
| Bank debt | € 22,533 | € 9,882 | € 0 | € 0 | |
| Balance sheet total | € 93,807 | € 96,317 | € 62,672 | € 71,737 | ▲ 14% |
Key figures of EMPIRE FOODS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to EMPIRE FOODS?
What happened at EMPIRE FOODS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 11,795 (▲ 161% vs 2023). Source: NBB ↗
- New establishment in Quaregnon. KBO
- Ugur TUTOGLU became a director. NBB
- Izzet TUTOGLU became a director. NBB
- New establishment in Quaregnon. KBO
- Start of the company according to the CBE. KBO
In short
From € 57,895 loss in 2021 to € 11,795 profit in 2024.
Paid € 13,774 in corporate taxes since 2021.
Best year ever: 2022, with € 19,784 profit.
A new publication or filing at EMPIRE FOODS? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind EMPIRE FOODS are Ugur TUTOGLU and Izzet TUTOGLU.
Directors
According to the 2024 annual accounts
Ugur TUTOGLU
Director
since 2023
Izzet TUTOGLU
Director
since 2022
Establishments
Establishment units
Physical locations of this company
Rue Modeste Derbaix 3
7390 Quaregnon
Rue Jules Destrée 168
7390 Quaregnon
Active since 1 October 2024
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0518.976.130
- VAT number
- BE 0518.976.130
- Registered office
- Rue Modeste Derbaix 3, 7390 Quaregnon
- Names & denominations
- EMPIRE FOODS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 February 2013
- Peppol
- Active · Active since 19 Jan 2026
- Activities · NACE
Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden
Eetgelegenheden met beperkte bediening
Activiteiten van eetgelegenheden met volledige bediening
Eetgelegenheden met volledige bediening