ACTIVE

WORLD TRADE

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Financial year 2025 · closed on 31/12/2025

Net result

1,3 M €

-65.9% YoY

Gross margin

601,2 k €

-20.5% YoY

Equity

2,5 M €

+116.3% YoY

Workforce

2,0 ETP

0.0% YoY

What does WORLD TRADE do?

WORLD TRADE is a Public limited company incorporated in 1995. Its main activity is: Wholesale of meat and meat products. Its registered office is in Fleurus. It employs on average 2,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0454.501.022

Incorporation

10/02/1995

Legal form

Public limited company

Registered office

Avenue de Heppignies(H) 1
6220 Fleurus · WallonieSee on map

Contributed capital

185 920,14 €

Latest accounts

31/12/2025

Average workforce

2,0 ETP

Activities (NACE)

46321Wholesale of meat and meat products· main 46321Wholesale of meat and meat products 51321Air transport 46322Wholesale of meat and meat products 46322Wholesale of meat and meat products 51322Air transport

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	601,2 k €	-20.5%	755,8 k €	-31.8%	1,1 M €	+110%	527,2 k €		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–
EBITDA	502,7 k €	-21.5%	640,5 k €	-37.2%	1 M €	+128%	447,2 k €	-45.9%	826,8 k €	+493%	-210,5 k €	-122%	941,6 k €	-8.7%	1 M €	+106%	500,2 k €	+105%	244,1 k €	-71.5%	855,9 k €	+40.2%	610,7 k €	+10.0%	555,1 k €	-10.9%	622,8 k €	-11.7%	705,1 k €	-8.6%	771,1 k €	+528%	122,8 k €	-78.3%	566,5 k €	-40.6%	953,4 k €	+221%	296,8 k €
Operating result	77,6 k €	-70.7%	264,8 k €	+4.5%	253,5 k €	-3.7%	263,2 k €	-57.5%	619 k €	+239%	-445 k €	-165%	686,4 k €	+94.4%	353,2 k €	+161%	135,3 k €	+41.9%	95,3 k €	-91.1%	1,1 M €	+280%	283,1 k €	+21.8%	232,4 k €	+3.4%	224,7 k €	+34.6%	166,9 k €	-29.8%	237,9 k €	+265%	-143,9 k €	-185%	169,3 k €	-9.7%	187,5 k €	+243%	-131,2 k €
Net result	1,3 M €	-65.9%	3,9 M €	+1168%	310,7 k €	-33.2%	464,9 k €	-9.6%	514,1 k €	+201%	-508,4 k €	-201%	503,2 k €	+294%	127,8 k €	+27.5%	100,2 k €	-0.0%	100,2 k €	-84.7%	653,6 k €	+293%	166,2 k €	+37.5%	120,9 k €	-16.4%	144,5 k €	+136%	61,3 k €	-41.2%	104,3 k €	+395%	21,1 k €	-26.6%	28,7 k €	-55.8%	64,9 k €	+422%	12,4 k €
Balance sheet
Equity	2,5 M €	+116%	1,2 M €	-51.3%	2,4 M €	+15.1%	2,1 M €	+28.5%	1,6 M €	+34.4%	1,2 M €	-34.5%	1,8 M €	+22.8%	1,5 M €	-2.7%	1,5 M €	+5.2%	1,4 M €	-6.9%	1,6 M €	+53.6%	1 M €	-2.0%	1 M €	+12.2%	919,2 k €	+18.5%	775,7 k €	+5.6%	734,3 k €	+13.0%	649,9 k €	-1.4%	659,2 k €	-2.6%	676,6 k €	-8.0%	735,5 k €
Total assets	5,6 M €	-26.6%	7,7 M €	+121%	3,5 M €	+25.5%	2,8 M €	+8.6%	2,6 M €	-6.5%	2,7 M €	-47.5%	5,2 M €	-21.7%	6,7 M €	+13.2%	5,9 M €	-13.8%	6,8 M €	-21.7%	8,7 M €	+32.6%	6,6 M €	+21.8%	5,4 M €	-22.9%	7 M €	+29.8%	5,4 M €	-3.1%	5,6 M €	-3.7%	5,8 M €	+6.2%	5,4 M €	+0.0%	5,4 M €	-13.6%	6,3 M €
Cash	44 k €	+52.6%	28,8 k €	-10.5%	32,2 k €	+41.3%	22,8 k €	+79.3%	12,7 k €	-98.5%	828,5 k €	-30.0%	1,2 M €	+113%	556,5 k €	+198%	186,8 k €	-12.3%	213,1 k €	+132%	91,9 k €	-82.8%	534,1 k €	+212%	170,9 k €	+97.2%	86,7 k €	-58.8%	210,4 k €	+45.1%	145 k €	+1875%	7,3 k €	-83.3%	44 k €	+459%	7,9 k €	+13.1%	6,9 k €
Debts	2,3 M €	-60.4%	5,7 M €	+981%	527,8 k €	-26.4%	717,3 k €	+4.7%	685,4 k €	-46.2%	1,3 M €	-58.8%	3,1 M €	-35.9%	4,8 M €	+23.7%	3,9 M €	-21.0%	4,9 M €	-26.1%	6,7 M €	+26.3%	5,3 M €	+29.6%	4,1 M €	-28.2%	5,7 M €	+27.4%	4,5 M €	-4.9%	4,7 M €	-5.8%	5 M €	+8.2%	4,6 M €	+0.8%	4,6 M €	-14.4%	5,3 M €
Other
Workforce	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	-79.6%	9,8 ETP	-33.3%	14,7 ETP	-13.5%	17,0 ETP	-1.7%	17,3 ETP	-8.9%	19,0 ETP	-9.5%	21,0 ETP	+11.1%	18,9 ETP	-7.8%	20,5 ETP	+12.0%	18,3 ETP	+15.1%	15,9 ETP	+7.4%	14,8 ETP	+13.8%	13,0 ETP	-2.3%	13,3 ETP	-8.3%	14,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 10 ended

Active mandates

MAKBULE TURKOGLU

Director · since 11 mai 2016 · until 10 mai 2022

Active

ORHAN TURKOGLU

Managing director · since 11 mai 2016 · until 10 mai 2022

Active

Ended mandates

ORHAN TURKOGLU

Managing director · since 10 mai 2016 · until 10 mai 2022

Ended

ORHAN TURKOGLU

Managing director · since 28 juin 2013 · until 13 mai 2019

Ended

ORHAN TURKOGLU

Managing director · since 28 juin 2013 · until 27 juin 2019

Ended

MAKBULE TURKOGLU

Director · since 11 mai 2010 · until 10 mai 2016

Ended

At this address

Other companies at this address

Company	CBE no.
BEEF WORLD● Active	0717.821.180
BIPIC-TVA● Active	0667.699.894
BIPP-BIPP● Active	0429.836.890
FEDERAL CONSTRUCT BELGIUM● Active	0537.806.503
PRODUCTION INDUSTRIELLE DE COMPOSANTS● Active	0438.012.903
T.F.D.T. Import-Export● Active	0477.492.396

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	11/06/2026	27/05/2025	28/05/2024	14/06/2023	11/06/2022	01/06/2021
General meeting	25/05/2026	26/05/2025	27/05/2024	29/05/2023	30/05/2022	31/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	25/05/2026	11/06/2026	French	PDF
Abridged model	31/12/2024	26/05/2025	27/05/2025	French	PDF
Abridged model	31/12/2023	27/05/2024	28/05/2024	French	PDF
Abridged model	31/12/2022	29/05/2023	14/06/2023	French	PDF
Full model	31/12/2021	30/05/2022	11/06/2022	French	PDF
Full model	31/12/2020	31/05/2021	01/06/2021	French	PDF
Full model	31/12/2019	30/06/2020	16/07/2020	French	PDF
Full model	31/12/2018	28/06/2019	10/07/2019	French	PDF
Full model	31/12/2017	27/12/2018	12/01/2019	French	PDF
Full model	31/12/2016	08/05/2017	03/07/2017	French	PDF
Full model	31/12/2015	09/05/2016	08/07/2016	French	PDF
Full model	31/12/2014	24/07/2015	18/08/2015	French	PDF
Full model	31/12/2013	20/06/2014	11/08/2014	French	PDF
Full model	31/12/2012	28/06/2013	19/07/2013	French	PDF
Full model	31/12/2011	07/05/2012	31/05/2012	French	PDF
Full model	31/12/2010	09/05/2011	25/07/2011	French	PDF
Full model	31/12/2009	10/05/2010	09/07/2010	French	PDF
Full model	31/12/2008	11/05/2009	05/06/2009	French	PDF
Full model	31/12/2007	25/08/2008	29/08/2008	French	PDF
Full model	31/12/2006	05/09/2007	15/10/2007	French	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 10 ended

Active mandates

MAKBULE TURKOGLU

Director · since 11 mai 2016 · until 10 mai 2022

Active

ORHAN TURKOGLU

Managing director · since 11 mai 2016 · until 10 mai 2022

Active

Ended mandates

ORHAN TURKOGLU

Managing director · since 10 mai 2016 · until 10 mai 2022

Ended

ORHAN TURKOGLU

Managing director · since 28 juin 2013 · until 13 mai 2019

Ended

ORHAN TURKOGLU

Managing director · since 28 juin 2013 · until 27 juin 2019

Ended

MAKBULE TURKOGLU

Director · since 11 mai 2010 · until 10 mai 2016

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/12/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates20/06/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates23/08/2016
DEMISSIONS, NOMINATIONS
PDF
Mandates13/10/2015
OBJET - DEMISSIONS, NOMINATIONS
PDF
Mandates07/03/2014
DEMISSIONS, NOMINATIONS
PDF
Mandates16/10/2012
DEMISSIONS, NOMINATIONS
PDF
Mandates16/08/2010
OBJET - DEMISSIONS, NOMINATIONS
PDF
Registered office04/03/2009
TRANSFERT DU SIEGE SOCIAL
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 20251,3 M €↓
2024
Annual accounts 20243,9 M €↑
2023
Annual accounts 2023310,7 k €↓
2022
Annual accounts 2022464,9 k €↓
2021
Annual accounts 2021514,1 k €↑
2020
Annual accounts 2020-508,4 k €↓
2019
Annual accounts 2019503,2 k €↑
2018
Annual accounts 2018127,8 k €↑
2017
Annual accounts 2017100,2 k €↓
2016
Annual accounts 2016100,2 k €↓
2015
Annual accounts 2015653,6 k €↑
2014
Annual accounts 2014166,2 k €↑
2013
Annual accounts 2013120,9 k €↓
2012
Annual accounts 2012144,5 k €↑
2011
Annual accounts 201161,3 k €↓
2010
Annual accounts 2010104,3 k €↑
2009
Annual accounts 200921,1 k €↓
2008
Annual accounts 200828,7 k €↓
2007
Annual accounts 200764,9 k €↑
2006
Annual accounts 200612,4 k €
10/02/1995
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

WORLD TRADE

Overview

What does WORLD TRADE do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline