BEFELEC: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
BEFELEC
Largest movements
- Receivables within one year -€11,552
down €11,552 (-26.0%), from €44,347 to €32,795
- Cash +€4,008
up €4,008 (+4.2%), from €95,486 to €99,494
mainly Receivables within one year (+€11,552) and Other debts (+€3,972)
- Deferred charges and accrued income -€3,269
down €3,269 (-4.6%), from €71,299 to €68,030
- Tax, wage and social debts -€18,293
down €18,293 (-28.2%), from €64,956 to €46,663
of which Remuneration and social security: -€19,117
- Other debts +€3,972
up €3,972 (+3.5%), from €113,188 to €117,160
- Trade debts +€2,885
up €2,885 (+115.0%), from €2,509 to €5,393
- Gross operating margin -€598
down €598 (-48.9%), from €1,224 to €626
- Financial income -€73
down €73 (-19.8%), from €371 to €298
- Other operating charges -€35
down €35 (-11.3%), from €308 to €273
- Financial charges -€13
down €13 (-3.5%), from €389 to €375
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €223,855 | €212,683 | -€11,172 | -5.0% |
| Fixed assets | 21/28 | €3,050 | €3,600 | +€550 | +18.0% |
| Tangible fixed assets | 22/27 | - | €550 | +€550 | |
| Plant, machinery and equipment | 23 | - | €550 | +€550 | |
| Financial fixed assets | 28 | €3,050 | €3,050 | = | 0.0% |
| Current assets | 29/58 | €220,805 | €209,083 | -€11,722 | -5.3% |
| Stocks and contracts in progress | 3 | €9,673 | €8,764 | -€910 | -9.4% |
| Stocks | 30/36 | €9,673 | €8,764 | -€910 | -9.4% |
| Amounts receivable within one year | 40/41 | €44,347 | €32,795 | -€11,552 | -26.0% |
| Trade receivables | 40 | €44,347 | €32,795 | -€11,552 | -26.0% |
| Cash at bank and in hand | 54/58 | €95,486 | €99,494 | +€4,008 | +4.2% |
| Deferred charges and accrued income | 490/1 | €71,299 | €68,030 | -€3,269 | -4.6% |
| Total equity and liabilities | 10/49 | €223,855 | €212,683 | -€11,172 | -5.0% |
| Equity | 10/15 | €43,203 | €43,468 | +€264 | +0.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,752 | €23,016 | +€264 | +1.2% |
| Amounts payable | 17/49 | €180,652 | €169,216 | -€11,436 | -6.3% |
| Amounts payable within one year | 42/48 | €180,652 | €169,216 | -€11,436 | -6.3% |
| Trade debts | 44 | €2,509 | €5,393 | +€2,885 | +115.0% |
| Suppliers | 440/4 | €2,509 | €5,393 | +€2,885 | +115.0% |
| Taxes, remuneration and social security | 45 | €64,956 | €46,663 | -€18,293 | -28.2% |
| Taxes | 450/3 | €139 | €963 | +€823 | +591.3% |
| Remuneration and social security | 454/9 | €64,817 | €45,700 | -€19,117 | -29.5% |
| Other amounts payable | 47/48 | €113,188 | €117,160 | +€3,972 | +3.5% |
| Non-recurring operating income | 76A | - | €340 | +€340 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €11 | +€11 | |
| Other operating charges | 640/8 | €308 | €273 | -€35 | -11.3% |
| Gross operating margin | 9900 | €1,224 | €626 | -€598 | -48.9% |
| Operating profit (loss) | 9901 | €916 | €342 | -€574 | -62.7% |
| Financial income | 75/76B | €371 | €298 | -€73 | -19.8% |
| Recurring financial income | 75 | €371 | €298 | -€73 | -19.8% |
| Financial charges | 65/66B | €389 | €375 | -€13 | -3.5% |
| Recurring financial charges | 65 | €389 | €375 | -€13 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | €899 | €264 | -€634 | -70.6% |
| Profit (loss) for the period | 9904 | €899 | €264 | -€634 | -70.6% |
| Profit (loss) for the period to be appropriated | 9905 | €899 | €264 | -€634 | -70.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.