ACTIVE

BEEF WORLD

Financial year 2025 · closed on 31/12/2025
Net result
1,3 M €
-55.0% YoY
Revenue
39,8 M €
-4.0% YoY
Equity
1,2 M €
+1.3% YoY
Workforce
9,2 ETP
-6.1% YoY

What does BEEF WORLD do?

BEEF WORLD is a Public limited company incorporated in 2019. Its main activity is: Wholesale of live animals. Its registered office is in Fleurus. It employs on average 9,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0717.821.180
Incorporation
08/01/2019
Legal form
Public limited company
Registered office
Avenue de Heppignies(H) 1
6220 Fleurus · WallonieSee on map
Contributed capital
100 000,00 €
Latest accounts
31/12/2025
Average workforce
9,2 ETP
Joint committees (2)
  • 119
  • 200
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
Income statement
Revenue39,8 M €41,4 M €59,4 M €34 M €28,3 M €29,2 M €14,6 M €
EBITDA2 M €4,3 M €1,3 M €597 k €1,4 M €922,9 k €15,6 k €
Operating result1,8 M €4 M €1,1 M €312,2 k €1,3 M €848,8 k €-10,7 k €
Net result1,3 M €2,9 M €779,6 k €243,8 k €1,1 M €620,6 k €-13,9 k €
Balance sheet
Equity1,2 M €1,2 M €1,9 M €1,3 M €1,3 M €706,7 k €86,1 k €
Total assets8,1 M €9,2 M €6,4 M €9,3 M €7,2 M €7,3 M €5,8 M €
Cash991,6 k €3 M €748,8 k €1 M €1,3 M €2,3 M €86 k €
Debts6,8 M €8 M €4,6 M €8 M €5,9 M €6,5 M €5,7 M €
Other
Workforce9,2 ETP9,8 ETP10,5 ETP10,5 ETP10,5 ETP10,8 ETP3,9 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 4 ended

Active mandates

MAKBULE TURKOGLU

Director · since 03 décembre 2023 · until 04 décembre 2029

Active
WORLD TRADE

Managing director · since 03 décembre 2023 · until 04 décembre 2029 · 0454.501.022

Represented by ORHAN TURKOGLU

Active

Ended mandates

MAKBULE TURKOGLU

Director · since 17 septembre 2019 · until 08 juin 2024

Ended
WORLD TRADE

Managing director · since 17 septembre 2019 · until 08 juin 2024 · 0454.501.022

Represented by ORHAN TURKOGLU

Ended
MAKBULE TURKOGLU

Director · since 08 janvier 2019 · until 08 juin 2024

Ended
ORHAN TURKOGLU

Managing director · since 08 janvier 2019 · until 08 juin 2024

Ended
At this address

Other companies at this address

CompanyCBE no.
BIPIC-TVAActive
0667.699.894
BIPP-BIPPActive
0429.836.890
0537.806.503
0438.012.903
0477.492.396
WORLD TRADEActive
0454.501.022
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date15/06/202618/06/202510/06/202414/06/202329/06/202206/07/2021
General meeting13/06/202614/06/202508/06/202410/06/202311/06/202228/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202513/06/202615/06/2026FrenchPDF
Full model31/12/202414/06/202518/06/2025FrenchPDF
Full model31/12/202308/06/202410/06/2024FrenchPDF
Full model31/12/202210/06/202314/06/2023FrenchPDF
Full model31/12/202111/06/202229/06/2022FrenchPDF
Full model31/12/202028/06/202106/07/2021FrenchPDF
Full model31/12/201929/06/202016/07/2020FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 4 ended

Active mandates

MAKBULE TURKOGLU

Director · since 03 décembre 2023 · until 04 décembre 2029

Active
WORLD TRADE

Managing director · since 03 décembre 2023 · until 04 décembre 2029 · 0454.501.022

Represented by ORHAN TURKOGLU

Active

Ended mandates

MAKBULE TURKOGLU

Director · since 17 septembre 2019 · until 08 juin 2024

Ended
WORLD TRADE

Managing director · since 17 septembre 2019 · until 08 juin 2024 · 0454.501.022

Represented by ORHAN TURKOGLU

Ended
MAKBULE TURKOGLU

Director · since 08 janvier 2019 · until 08 juin 2024

Ended
ORHAN TURKOGLU

Managing director · since 08 janvier 2019 · until 08 juin 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates06/01/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/12/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office27/01/2023
    SIEGE SOCIAL
    PDF
  • Mandates30/12/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/03/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/11/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office30/01/2019
    SIEGE SOCIAL
    PDF
  • Other10/01/2019
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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

Timeline

  1. 2025
    Annual accounts 20251,3 M €
  2. 2024
    Annual accounts 20242,9 M €
  3. 2023
    Annual accounts 2023779,6 k €
  4. 2022
    Annual accounts 2022243,8 k €
  5. 2021
    Annual accounts 20211,1 M €
  6. 2020
    Annual accounts 2020620,6 k €
  7. 2019
    Annual accounts 2019-13,9 k €
  8. 08/01/2019
    IncorporationPublic limited company