Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 10.5 to 9.2.
Financials
Financial year 2025
BEEF WORLD from Fleurus, company number BE0717821180, closed financial year 2025 with a result of € 1.3 million after tax. For that financial year BEEF WORLD recorded revenue of € 39.8 million and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 2.9 million to € 1.3 million. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 15, 2026.
€ 1.2 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.3 million
▼ 55% vs 2024
Profit after tax over the fiscal year.
€ 991,580
▼ 67% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.3 million paid out
99 % of the profit went to the shareholders, mostly to WORLD TRADE (98 % of the shares). That is where the money ends up.
People and assets in 2025
9.2
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 505,408
▲ 1% vs 2024
€ 54,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 12,478
▼ 69% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.2 million
▲ 81% vs 2024
Loans from banks and other lenders, long and short.
€ 3.1 million
▲ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 30 days on average.
€ 62,369
▼ 88% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 33,966,837 | € 59,436,737 | € 41,425,882 | € 39,762,598 | ▼ 4% |
| Profit after taxes | € 243,760 | € 779,606 | € 2,923,883 | € 1,315,558 | ▼ 55% |
| Equity | € 1,312,189 | € 1,871,795 | € 1,225,678 | € 1,241,237 | ▲ 1% |
| Total debts | € 7,988,397 | € 4,567,003 | € 7,969,544 | € 6,817,951 | ▼ 14% |
| Cash | € 1,018,281 | € 748,764 | € 3,044,184 | € 991,580 | ▼ 67% |
| Retained profit | € 1,212,189 | € 1,771,795 | € 1,125,678 | € 1,141,237 | ▲ 1% |
| Dividend | € 200,000 | € 220,000 | € 3,570,000 | € 1,300,000 | ▼ 64% |
| Bank debt | € 5,267,728 | € 1,840,887 | € 1,206,713 | € 2,180,517 | ▲ 81% |
| Balance sheet total | € 9,300,586 | € 6,438,798 | € 9,195,222 | € 8,059,188 | ▼ 12% |
| Employees (FTE) | 10.5 | 10.5 | 9.8 | 9.2 | ▼ 0.6 |
Key figures of BEEF WORLD, 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 BEEF WORLD?
What happened at BEEF WORLD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- WORLD TRADE SA stepped down as director. NBB
- MAKBULE TURKOGLU stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.3 million (▼ 55% vs 2024). Source: NBB ↗
- WORLD TRADE SA became a director. NBB
- MAKBULE TURKOGLU became a director. NBB
- New establishment in Fleurus. KBO
- Start of the company according to the CBE. KBO
In short
From € 243,760 profit in 2022 to € 1.3 million profit in 2025.
Paid € 1.7 million in corporate taxes since 2022.
Best year ever: 2024, with € 2.9 million profit.
Paid out € 5.3 million in dividends to the owners in total.
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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
The stake of WORLD TRADE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BEEF WORLDThe shares are held by WORLD TRADE (98%).
Directors
According to the 2025 annual accounts
Managing director · represented by ORHAN TURKOGLU
since 2023 · until 2029
since 2023 · until 2029
Shareholders
98%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Avenue de Heppignies(H) 1
6220 Fleurus
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →BIPP-BIPP
€ 259,646 gross margin · 2025
PRODUCTION INDUSTRIELLE DE COMPOSANTS
€ 521,954 gross margin · 2025
WORLD TRADE same network
€ 601,155 gross margin · 2025
T.F.D.T. Import-Export
€ 45,881 revenue · 2025
FEDERAL CONSTRUCT BELGIUM
€ 656,169 revenue · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0717.821.180
- VAT number
- BE 0717.821.180
- Registered office
- Avenue de Heppignies(H) 1, 6220 Fleurus
- Names & denominations
- BEEF WORLD
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 January 2019
- Peppol
- Active · Active since 22 Dec 2025
- Activities · NACE
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