Equity
BEFRA has made a profit in every financial year since 2006.
BEFRA has made a profit in every financial year since 2006.
The result rose in 2025 from €8,888 to €590,633.
Debts rose by €61,043 in 2025.
The last five annual accounts were filed 2 to 27 days before the end of the period.
Higher net result than 95% of companies in head offices and management consultancy. Sector median €27,138 · 39,392 companies.
In July 2024, 20,137 companies had the same profile as BEFRA has now. Each dot stands for 51 companies, two years later.
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,137 companies, not a prediction for BEFRA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| BEFRA Schaerbeek | €1.4m | €0.8m | 86.0% | - |
| ISIS-DIES Sint-Gillis (bij-Brussel) | €1.2m | €0.8m | 30.1% | 24.1 |
| VANDEKERCKHOVE - TACK Zulte | €1.3m | €1.0m | 74.1% | - |
| L. VAN ZEEBROECK Halle | €1.1m | €0.8m | 94.4% | - |
| INTEGRAL SOFTWARE Mons | €1.2m | €0.9m | 62.5% | 6.5 |
| DE PUTTER & CO Antwerp | €1.5m | €1.0m | 60.0% | 1.5 |
| ZAKENKANTOOR VANDAMME Langemark-Poelkapelle | €1.1m | €0.9m | 90.3% | - |
These companies have the same main activity as BEFRA: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €1.1m and €1.5m, founded between 1989 and 1996.
BEFRA files the micro format. That format states no turnover. The gross margin rose from €39,431 in 2006 to €847,271 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €1.2m. Estimated: probably between €1.0m and €2.1m.
Higher than 84% of 39,376 companies in 2025.
Higher than 95% of 38,058 companies in 2025.
Higher than 82% of 38,530 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
1.4m | 709,996 | 693,495 | 698,099 | 671,009 | 660,916 | 824,868 | 800,674 | 765,799 | 756,883 | 632,357 | 626,714 | 616,647 | 608,200 | 692,728 | 688,642 | 704,120 | 696,655 | 669,143 | |
21/28 |
0 | 364,152 | 388,855 | 415,150 | 442,849 | 470,548 | 498,247 | 526,070 | 553,769 | 353,584 | 275,654 | 290,069 | 288,562 | 287,344 | 317,619 | 330,396 | 344,532 | 359,151 | 385,912 | |
22/27 |
0 | 364,152 | 388,855 | 415,150 | 442,849 | 470,548 | 498,247 | 525,946 | 553,645 | 340,570 | 262,640 | 277,055 | 275,547 | 274,330 | 297,168 | 309,945 | 324,081 | 338,700 | 362,982 | |
22 |
0 | 349,928 | 372,802 | 397,268 | 423,139 | 449,009 | 474,880 | 500,750 | 526,620 | 325,524 | 260,830 | 274,340 | 271,928 | 269,806 | 290,834 | 302,707 | 315,707 | 329,337 | 346,812 | |
23 |
0 | 9,308 | 10,727 | 12,146 | 13,565 | 14,984 | 16,403 | 17,822 | 19,240 | 11,767 | 1,810 | 2,715 | 3,619 | 4,524 | 6,334 | 7,238 | 8,143 | 9,048 | 12,950 | |
24 |
0 | 4,916 | 5,326 | 5,736 | 6,146 | 6,555 | 6,965 | 7,375 | 7,784 | 3,278 | - | - | - | - | - | - | 230 | 314 | 3,220 | |
28 |
- | - | - | - | - | - | - | 124 | 124 | 13,014 | 13,014 | 13,014 | 13,015 | 13,014 | 20,451 | 20,451 | 20,451 | 20,451 | 22,930 | |
29/58 |
1.4m | 345,844 | 304,640 | 282,949 | 228,161 | 190,368 | 326,621 | 274,604 | 212,030 | 403,299 | 356,703 | 336,645 | 328,085 | 320,856 | 375,109 | 358,246 | 359,589 | 337,504 | 283,231 | |
29 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 131 | - | - | - | - | - | |
291 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 131 | - | - | - | - | - | |
40/41 |
2,142 | 14,030 | 7,836 | 20,590 | 6,008 | 5,081 | 194,665 | 4,596 | 22,124 | 9,574 | 5,170 | 1,147 | 1,251 | - | - | 583 | 129 | 33,244 | 17,200 | |
40 |
0 | 13,287 | 5,450 | 16,590 | - | - | - | - | 14,517 | - | 500 | - | 213 | - | - | - | - | 31,944 | 17,200 | |
41 |
2,142 | 743 | 2,386 | 4,000 | 6,008 | 5,081 | 194,665 | 4,596 | 7,607 | 9,574 | 4,670 | 1,147 | 1,038 | - | - | 583 | 129 | 1,300 | - | |
50/53 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 151,545 | 151,545 | 358,823 | 303,127 | 265,438 | |
54/58 |
1.4m | 284,378 | 243,550 | 207,374 | 186,966 | 185,287 | 129,924 | 263,910 | 179,742 | 379,495 | 333,238 | 313,137 | 300,407 | 290,233 | 184,940 | 136,028 | 188 | 685 | 145 | |
490/1 |
- | 47,437 | 53,253 | 54,985 | 35,186 | - | 2,033 | 6,098 | 10,164 | 14,230 | 18,295 | 22,361 | 26,427 | 30,492 | 38,624 | 70,090 | 448 | 448 | 448 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
1.4m | 709,996 | 693,495 | 698,099 | 671,009 | 660,916 | 824,868 | 800,674 | 765,799 | 756,883 | 632,357 | 626,714 | 616,647 | 608,200 | 692,728 | 688,642 | 704,120 | 696,655 | 669,143 | |
10/15 |
1.2m | 580,045 | 571,157 | 569,276 | 550,011 | 535,389 | 524,656 | 514,014 | 494,170 | 480,509 | 393,985 | 380,534 | 399,001 | 393,514 | 417,129 | 406,047 | 396,370 | 369,904 | 342,608 | |
10/11 |
360,735 | 360,735 | 360,735 | 360,735 | 360,735 | 360,735 | 360,735 | 360,735 | 360,735 | 360,735 | 360,735 | 360,735 | 66,435 | 66,435 | 66,435 | 66,435 | 66,435 | 66,435 | 66,435 | |
10 |
360,735 | 360,735 | 360,735 | 360,735 | 360,735 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
360,735 | 360,735 | 360,735 | 360,735 | 360,735 | 360,735 | 360,735 | 360,735 | 360,735 | 360,735 | 360,735 | 360,735 | 66,435 | 66,435 | 66,435 | 66,435 | 66,435 | 66,435 | 66,435 | |
13 |
804,852 | 214,219 | 205,331 | 203,450 | 184,185 | 169,563 | 158,830 | 148,188 | 128,344 | 114,683 | 28,160 | 7,855 | 329,844 | 329,844 | 329,844 | 329,844 | 329,844 | 303,444 | 276,144 | |
130/1 |
804,852 | 174,051 | 161,815 | 156,587 | 133,974 | 116,005 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
804,852 | 174,051 | 161,815 | 156,587 | 133,974 | 116,005 | 101,924 | 87,936 | 64,744 | 47,736 | 28,160 | 7,855 | 6,644 | 6,644 | 6,644 | 6,644 | 6,644 | 6,644 | 6,644 | |
132 |
- | 40,169 | 43,516 | 46,863 | 50,211 | 53,558 | 56,905 | 60,253 | 63,600 | 66,947 | - | - | - | - | - | - | - | - | - | |
133 |
- | - | - | - | - | - | - | - | - | - | - | - | 323,200 | 323,200 | 323,200 | 323,200 | 323,200 | 296,800 | 269,500 | |
14 |
5,090 | 5,090 | 5,090 | 5,090 | 5,090 | 5,090 | 5,090 | 5,090 | 5,090 | 5,090 | 5,090 | 11,944 | 2,722 | -2,765 | 20,850 | 9,768 | 91 | 25 | 29 | |
16 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,000 | - | - | - | - | |
160/5 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,000 | - | - | - | - | |
17/49 |
190,994 | 129,951 | 122,338 | 128,823 | 120,999 | 125,527 | 300,213 | 286,660 | 271,628 | 276,374 | 238,372 | 246,180 | 217,646 | 214,686 | 273,599 | 282,595 | 307,751 | 326,751 | 326,535 | |
17 |
124,080 | 122,368 | 116,668 | 111,468 | 106,168 | 101,668 | 281,068 | 268,168 | 243,168 | 219,168 | 219,168 | 139,168 | 139,168 | 139,168 | 155,250 | 185,447 | 192,942 | 218,612 | 243,834 | |
170/4 |
124,080 | 118,200 | 112,500 | 107,300 | 102,000 | 97,500 | 276,900 | 264,000 | 239,000 | 215,000 | 215,000 | 135,000 | 135,000 | 135,000 | 151,082 | 181,279 | 188,773 | 214,443 | 239,666 | |
178/9 |
0 | 4,168 | 4,168 | 4,168 | 4,168 | 4,168 | 4,168 | 4,168 | 4,168 | 4,168 | 4,168 | 4,168 | 4,168 | 4,168 | 4,168 | 4,168 | 4,168 | 4,168 | 4,168 | |
42/48 |
66,914 | 7,583 | 5,670 | 17,355 | 14,831 | 23,859 | 19,145 | 18,492 | 28,460 | 57,206 | 19,204 | 107,012 | 78,478 | 74,502 | 115,262 | 85,444 | 103,583 | 97,122 | 72,231 | |
42 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 30,197 | 33,579 | 32,493 | 30,848 | 27,683 | |
44 |
198 | - | - | 8,246 | 868 | 3,153 | 840 | 123 | 457 | 26,053 | 595 | 831 | 2,526 | 595 | - | 1,056 | 624 | - | - | |
440/4 |
198 | - | - | 8,246 | 868 | 3,153 | 840 | 123 | 457 | 26,053 | 595 | 831 | 2,526 | 595 | - | 1,056 | 624 | - | - | |
45 |
66,707 | 7,486 | 5,583 | 9,080 | 6,132 | 5,652 | 10,116 | 10,128 | 7,606 | 6,485 | 5,592 | 14,396 | 4,980 | 13,209 | 2,773 | 3,960 | 561 | 6,167 | 578 | |
450/3 |
66,707 | 7,486 | 5,583 | 9,080 | 6,132 | 5,652 | 10,116 | 10,128 | 7,606 | 6,485 | 5,592 | 14,396 | 4,980 | 13,209 | 2,773 | 3,960 | 561 | 6,167 | 578 | |
47/48 |
9 | 97 | 87 | 29 | 7,831 | 15,054 | 8,189 | 8,241 | 20,397 | 24,668 | 13,017 | 91,785 | 70,972 | 60,698 | 82,292 | 46,849 | 69,905 | 60,107 | 43,970 | |
492/3 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 1,016 | 3,087 | 11,704 | 11,227 | 11,017 | 10,469 | |
| Income statement | ||||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 40,872 | |
76A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 6,175 | 2,050 | - | - | - | |
9900 |
847,271 | 44,967 | 44,073 | 30,561 | 31,362 | 27,287 | 76,127 | 82,520 | 77,932 | 51,768 | 44,096 | 50,976 | 32,540 | 48,945 | 64,792 | 52,769 | 70,541 | 49,959 | 39,431 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,442 | |
630 |
0 | 24,703 | 26,295 | 27,699 | 27,699 | 27,699 | 27,699 | 27,699 | 32,121 | 14,415 | 14,415 | 14,415 | 12,823 | 11,419 | 12,778 | 14,135 | 14,619 | 24,282 | 24,282 | |
640/8 |
139 | 3,202 | 3,051 | 2,478 | 3,290 | 3,291 | 3,090 | 3,028 | 4,425 | 468 | 2,696 | 2,482 | 2,859 | 2,859 | 2,683 | 2,730 | 3,126 | 2,748 | 2,738 | |
9901 |
847,132 | 17,063 | 14,727 | 384 | 374 | -3,703 | 45,338 | 51,793 | 41,386 | 36,885 | 26,985 | 34,079 | 16,858 | 34,667 | 49,331 | 35,904 | 52,796 | 22,929 | 12,410 | |
75/76B |
7,584 | 2,476 | 288 | 35,000 | 35,026 | 35,270 | 216 | 320 | 1,814 | 2,809 | 3,570 | 4,589 | 4,944 | 862 | 2,270 | 3,889 | 17,194 | 22,494 | 29,769 | |
75 |
7,584 | 2,476 | 288 | 35,000 | 35,026 | 35,270 | 216 | 320 | 1,814 | 2,809 | 3,570 | 4,589 | 4,944 | 862 | 2,270 | 3,889 | 17,194 | 22,494 | 29,769 | |
65/66B |
8,304 | 7,908 | 7,541 | 7,153 | 6,825 | 6,643 | 18,532 | 17,633 | 16,777 | 15,962 | 15,175 | 14,435 | 13,699 | 13,411 | 15,988 | 17,167 | 17,946 | 19,829 | 19,809 | |
65 |
8,304 | 7,908 | 7,541 | 7,153 | 6,825 | 6,643 | 18,532 | 17,633 | 16,777 | 15,962 | 15,175 | 14,435 | 13,699 | 13,411 | 15,988 | 17,167 | 17,946 | 19,829 | 19,809 | |
9903 |
846,412 | 11,631 | 7,474 | 28,231 | 28,575 | 24,924 | 27,022 | 34,480 | 26,424 | 23,732 | 15,380 | 24,233 | 8,103 | 22,118 | 41,788 | 24,676 | 52,044 | 25,593 | 22,370 | |
67/77 |
255,779 | 2,743 | 5,593 | 8,966 | 6,453 | 6,691 | 8,880 | 7,136 | 5,263 | 4,156 | 435 | - | 2,616 | 1,868 | 706 | -1 | 2,579 | -1,703 | 4,418 | |
9904 |
590,633 | 8,888 | 1,881 | 19,265 | 22,122 | 18,233 | 18,142 | 27,344 | 21,161 | 19,576 | 14,945 | 24,233 | 5,487 | 20,250 | 41,082 | 24,677 | 49,465 | 27,296 | 17,952 | |
789 |
40,169 | 3,347 | 3,347 | 3,347 | 3,347 | 3,347 | 3,347 | 3,347 | 3,347 | - | - | - | - | - | - | - | - | - | - | |
9905 |
630,802 | 12,235 | 5,228 | 22,613 | 25,469 | 21,581 | 21,489 | 30,691 | 24,509 | 19,576 | 14,945 | 24,233 | 5,487 | 20,250 | 41,082 | 24,677 | 49,465 | 27,296 | 17,952 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
635,892 | 17,326 | 10,319 | 27,703 | 30,559 | 26,671 | 26,579 | 35,781 | 29,599 | 24,666 | 26,889 | 26,955 | 2,722 | -2,765 | 50,850 | 24,768 | 49,491 | 27,325 | 18,029 | |
14P |
5,090 | 5,090 | 5,090 | 5,090 | 5,090 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
630,802 | 12,235 | 5,228 | 22,613 | 17,969 | 14,081 | 13,989 | 23,191 | 17,009 | 19,576 | 21,799 | 5,011 | - | - | - | - | 26,400 | 27,300 | 18,000 | |
6920 |
630,802 | 12,235 | 5,228 | 22,613 | 17,969 | 14,081 | 13,989 | 23,191 | 17,009 | 19,576 | 21,799 | 5,011 | - | - | - | - | - | - | - | |
6921 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 26,400 | 27,300 | 18,000 | |
694/7 |
- | - | - | - | 7,500 | 7,500 | 7,500 | 7,500 | 7,500 | - | - | 10,000 | - | - | 30,000 | 15,000 | 23,000 | - | - | |
695 |
- | - | - | - | 7,500 | 7,500 | 7,500 | 7,500 | 7,500 | - | - | 10,000 | - | - | 30,000 | 15,000 | 23,000 | - | - | |
| Document | ||||||||||||||||||||
The accounts for 14 older financial years (1992-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 27-04-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 27-04-2026 | 2026-00103541 | |
| 30-09-2024 | micro format | 28-04-2025 | 2025-00089387 | |
| 30-09-2023 | micro format | 03-04-2024 | 2024-00057439 | |
| 30-09-2022 | micro format | 06-04-2023 | 2023-00057469 | |
| 30-09-2021 | micro format | 25-04-2022 | 2022-20012207 | |
| 30-09-2020 | micro format | 26-04-2021 | 2021-11500212 | |
| 30-09-2019 | micro format | 27-04-2020 | 2020-10200238 | |
| 30-09-2018 | micro format | 29-03-2019 | 2019-08800476 | |
| 30-09-2017 | abbreviated format | 26-04-2018 | 2018-11600402 | |
| 30-09-2016 | abbreviated format | 04-04-2017 | 2017-09200073 | |
| 30-09-2015 | abbreviated format | 06-04-2016 | 2016-09500475 | |
| 30-09-2014 | abbreviated format | 30-03-2015 | 2015-09100140 | |
| 30-09-2013 | abbreviated format | 17-04-2014 | 2014-09300250 | |
| 30-09-2012 | abbreviated format | 25-04-2013 | 2013-09900107 | |
| 30-09-2010 | abbreviated format | 29-04-2011 | 2011-10200327 | |
| 30-09-2009 | abbreviated format | 29-04-2010 | 2010-10700341 | |
| 30-09-2008 | abbreviated format | 10-04-2009 | 2009-10800334 | |
| 30-09-2007 | abbreviated format | 07-04-2008 | 2008-09700337 | |
| 30-09-2006 | abbreviated format | 05-04-2007 | 2007-11500323 | |
| 30-09-2005 | abbreviated format | 11-04-2006 | 2006-10702049 | |
| 30-09-2004 | abbreviated format | 04-04-2005 | 2005-10600714 | |
| 30-09-2003 | abbreviated format | 08-04-2004 | 2004-10705163 | |
| 30-09-2002 | abbreviated format | 06-05-2003 | 2003-13203848 | |
| 30-09-2001 | abbreviated format | 16-04-2002 | 2002-09500191 | |
| 30-09-2000 | abbreviated format | 02-04-2001 | 2001-08100162 | |
| 30-09-1999 | abbreviated format | 05-04-2000 | 2000-08300292 | |
| 30-09-1998 | abbreviated format | 07-05-1999 | 1999-09202366 | |
| 30-09-1997 | abbreviated format | 02-03-1998 | 1998-03503399 | |
| 30-09-1996 | abbreviated format | 03-04-1997 | 1997-05104539 | |
| 30-09-1995 | abbreviated format | 27-08-1996 | 1996-41601079 | |
| 31-12-1994 | abbreviated format | 18-09-1995 | 1995-49603844 | |
| 31-12-1993 | abbreviated format | 27-10-1994 | 1994-45204343 | |
| 31-12-1992 | abbreviated format | 09-11-1993 | 1993-42304500 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 847,132 | 41,765 | 41,022 | 28,083 | 28,073 | 23,996 | 73,037 | 79,492 | 73,508 | 51,301 | 41,400 | 48,494 | 29,681 | 46,086 | 62,109 | 50,039 | 67,415 | 47,211 | 36,692 | ||
| 590,633 | 33,591 | 28,176 | 46,964 | 49,821 | 45,932 | 45,841 | 55,043 | 53,282 | 33,991 | 29,360 | 38,648 | 18,310 | 31,669 | 53,860 | 38,812 | 64,084 | 51,578 | 42,234 | ||
| -364,152 | 0 | 0 | 0 | 0 | 0 | -124 | 0 | 245,197 | 92,346 | 0 | 15,923 | 14,040 | - | 1 | -1 | 0 | -2,479 | - | ||
| 1.1m | 40,827 | 36,177 | 20,407 | 1,679 | 55,363 | -133,986 | 84,168 | -199,754 | 46,257 | 20,101 | 12,730 | 10,174 | - | 48,912 | 135,840 | -497 | 540 | - | ||
| 1.3m | 338,261 | 298,970 | 265,594 | 213,330 | 166,509 | 307,477 | 256,112 | 183,569 | 346,093 | 337,499 | 229,633 | 249,607 | 246,354 | 259,847 | 272,802 | 256,006 | 240,382 | 210,999 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 30.4% | ||
| 86.0% | 81.7% | 82.4% | 81.5% | 82.0% | 81.0% | 63.6% | 64.2% | 64.5% | 63.5% | 62.3% | 60.7% | 64.7% | 64.7% | 60.2% | 59.0% | 56.3% | 53.1% | 51.2% | ||
| 20.35 | 45.61 | 53.73 | 16.30 | 15.38 | 7.98 | 17.06 | 14.85 | 7.45 | 7.05 | 18.57 | 3.15 | 4.18 | 4.31 | 3.25 | 4.19 | 3.47 | 3.48 | 3.92 | ||
| 0.16 | 0.22 | 0.21 | 0.23 | 0.22 | 0.23 | 0.57 | 0.56 | 0.55 | 0.58 | 0.61 | 0.65 | 0.55 | 0.55 | 0.66 | 0.70 | 0.78 | 0.88 | 0.95 | ||
| 50.5% | 1.5% | 0.3% | 3.4% | 4.0% | 3.4% | 3.5% | 5.3% | 4.3% | 4.1% | 3.8% | 6.4% | 1.4% | 5.1% | 9.8% | 6.1% | 12.5% | 7.4% | 5.2% | ||
| 43.4% | 1.3% | 0.3% | 2.8% | 3.3% | 2.8% | 2.2% | 3.4% | 2.8% | 2.6% | 2.4% | 3.9% | 0.9% | 3.3% | 5.9% | 3.6% | 7.0% | 3.9% | 2.7% | ||
| over 100 | 5.28 | 5.44 | 3.93 | 4.11 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 154 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
The operating result for 2025 is nearly 50 times that of 2024 and the highest since 2006. It is the fifth rise in a row, after the fall in 2020.
Debt's share of the balance-sheet total falls from 18.3% to 14.0%. Equity and debt are higher.
BEFRA has no parent and no holdings in its annual accounts. is the only director.
| Planasa Belgium
registered office since 27-11-2024 · founded in 2024 · negative equity (2025) |
total assets €4.6m (2025) 1016.673.727 |
| CORRONET
registered office since 12-03-2001 · founded in 2001 |
total assets €3.8m (2025) 0474.225.476 |
| BERRY BE RESEARCH
registered office since 15-03-2018 · founded in 2018 |
total assets €2.3m (2025) 0692.601.180 |
| INVESTA POST LEUVEN
registered office since 03-11-2005 · founded in 2005 · negative equity (2025) |
total assets €1.9m (2025) 0877.068.753 |
| LE GRAND BOIS
registered office since 27-03-2001 · founded in 2001 |
total assets €1.1m (2025) 0474.418.288 |
| BELCOBIS
registered office since 19-05-1998 · founded in 1997 |
total assets €493,875 (2025) 0461.438.304 |
| BEFICO
registered office since 23-04-1976 · founded in 1976 |
total assets €326,399 (2025) 0416.090.606 |
| DE RODE BEUK
registered office since 21-12-1994 · founded in 1994 |
total assets €193,343 (2025) 0453.983.655 |
| SOFIANADER CAPITAL PARTNERS
establishment since 05-02-2013 · founded in 2013 |
total assets €168,792 (2025) 0503.818.493 |
| GRIFFIN FINANCIAL STRUCTURING
registered office since 26-07-1993 · founded in 1993 |
total assets €154,634 (2025) 0449.356.953 |
The network lets you explore the ties of BEFRA.
Deadline for the 2026 accounts: 30-04-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| BEFRA NV registered office Diamantlaan 24, 1030 Schaerbeek 6523 Insurance, reinsurance and pension funding, except compulsory social security | 12-02-1992 | 2.056.166.705 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21905C0072/00V003 | 310 m² | 1 · 177 m² | 21.2 m · 6 |
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