BEFRACOM: what changed
Two financial 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.
BEFRACOM
Largest movements
- Cash -€12,373
down €12,373 (-52.1%), from €23,759 to €11,386
mainly Contributions, distributions and other (-€35,000) and Trade debts (-€13,926)
- Receivables within one year +€7,034
up €7,034 (+132%), from €5,326 to €12,360
of which Trade receivables: +€4,451
- Deferred charges and accrued income -€1,824
no longer reported in 2024 (was €1,824)
- Tax, wage and social debts +€20,576
up €20,576 (+275%), from €7,474 to €28,050
- Trade debts -€13,926
down €13,926 (-97.2%), from €14,332 to €406
- Profit (loss) carried forward -€13,807
down €13,807, from €12,153 to -€1,655
- Turnover -€84,809
no longer reported in 2024 (was €84,809)
- Purchases and services -€82,152
no longer reported in 2024 (was €82,152)
- Gross operating margin +€12,425
up €12,425 (+48.6%), from €25,592 to €38,018
- Other operating charges -€3,855
down €3,855 (-47.8%), from €8,058 to €4,203
- Taxes +€2,968
up €2,968 (+71.8%), from €4,132 to €7,100
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €37,958 | €30,802 | -€7,157 | -18.9% |
| Fixed assets | 21/28 | €7,049 | €7,055 | +€6 | +0.1% |
| Tangible fixed assets | 22/27 | €6,809 | €6,815 | +€6 | +0.1% |
| Furniture and vehicles | 24 | €6,809 | €6,815 | +€6 | +0.1% |
| Financial fixed assets | 28 | €240 | €240 | = | 0.0% |
| Current assets | 29/58 | €30,909 | €23,746 | -€7,163 | -23.2% |
| Amounts receivable within one year | 40/41 | €5,326 | €12,360 | +€7,034 | +132% |
| Trade receivables | 40 | €1,092 | €5,543 | +€4,451 | +407% |
| Other amounts receivable | 41 | €4,233 | €6,817 | +€2,584 | +61.0% |
| Cash at bank and in hand | 54/58 | €23,759 | €11,386 | -€12,373 | -52.1% |
| Deferred charges and accrued income | 490/1 | €1,824 | - | -€1,824 | |
| Total equity and liabilities | 10/49 | €37,958 | €30,802 | -€7,157 | -18.9% |
| Equity | 10/15 | €16,153 | €2,345 | -€13,807 | -85.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,153 | -€1,655 | -€13,807 | |
| Amounts payable | 17/49 | €21,806 | €28,456 | +€6,651 | +30.5% |
| Amounts payable within one year | 42/48 | €21,806 | €28,456 | +€6,651 | +30.5% |
| Trade debts | 44 | €14,332 | €406 | -€13,926 | -97.2% |
| Suppliers | 440/4 | €14,332 | €406 | -€13,926 | -97.2% |
| Taxes, remuneration and social security | 45 | €7,474 | €28,050 | +€20,576 | +275% |
| Taxes | 450/3 | €7,474 | €28,050 | +€20,576 | +275% |
| Turnover | 70 | €84,809 | - | -€84,809 | |
| Goods, raw materials, services and sundry goods | 60/61 | €82,152 | - | -€82,152 | |
| Remuneration, social security and pensions | 62 | - | €1,852 | +€1,852 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,182 | €3,533 | +€2,351 | +199% |
| Other operating charges | 640/8 | €8,058 | €4,203 | -€3,855 | -47.8% |
| Gross operating margin | 9900 | €25,592 | €38,018 | +€12,425 | +48.6% |
| Operating profit (loss) | 9901 | €16,351 | €28,429 | +€12,078 | +73.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €67 | €138 | +€71 | +105% |
| Recurring financial charges | 65 | €67 | €138 | +€71 | +105% |
| Profit (loss) for the period before taxes | 9903 | €16,284 | €28,292 | +€12,008 | +73.7% |
| Income taxes | 67/77 | €4,132 | €7,100 | +€2,968 | +71.8% |
| Profit (loss) for the period | 9904 | €12,153 | €21,193 | +€9,040 | +74.4% |
| Profit (loss) for the period to be appropriated | 9905 | €12,153 | €21,193 | +€9,040 | +74.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.