Skip to content

BFA TECHNO: 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.

What changed

BFA TECHNO

BE 0787.804.405
NACE 33.120, Repair and maintenance of machinery
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€10,049
2023 · -€15,117+€25,165
Equity
-€34,542
2023 · -€44,541+€9,999
Cash
€8,463
2023 · €1,545+€6,918
Balance sheet total
€59,596
2023 · €42,731+€16,865

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€9,306

    up €9,306 (+25.1%), from €37,068 to €46,374

    of which Trade receivables: +€11,113

  • Cash +€6,918

    up €6,918 (+447.9%), from €1,545 to €8,463

    mainly Net result for the year (+€10,049) and Other debts (+€3,450)

  • Deferred charges and accrued income +€2,759

    new in 2024: €2,759

  • Tangible fixed assets -€2,000

    down €2,000 (-50.0%), from €4,000 to €2,000

Equity and liabilities
  • Profit (loss) carried forward +€9,999

    up €9,999 (+15.8%), from -€63,141 to -€53,142

  • Other debts +€3,450

    up €3,450 (+63.0%), from €5,477 to €8,927

  • Tax, wage and social debts +€2,847

    up €2,847 (+50.4%), from €5,644 to €8,491

    of which Remuneration and social security: +€3,730

Income statement
  • Staff costs -€16,838

    down €16,838 (-96.5%), from €17,445 to €607

  • Gross operating margin +€12,355

    up €12,355 (+262.2%), from €4,712 to €17,067

  • Purchases and services -€11,678

    down €11,678 (-28.4%), from €41,139 to €29,462

  • Turnover -€10,502

    down €10,502 (-9.4%), from €112,239 to €101,737

  • Other operating charges +€2,276

    new in 2024: €2,276

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€15,117
Gross operating margin +€12,355
Staff costs +€16,838
Other operating charges -€2,276
Other operating items -€1,831
Financial income +€349
Financial charges -€140
Taxes -€130
Result 2024 €10,049

Cash bridge derived

cash 2023 to 2024

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.

From operations +€6,850
Investment +€118
Financing -€50
Cash 2023 €1,545
Net result for the year +€10,049
Depreciation +€2,000
Receivables within one year -€9,306
Deferred charges and accrued income -€2,759
Trade debts +€569
Tax, wage and social debts +€2,847
Other debts +€3,450
Investment in fixed assets (net) +€118
Contributions, distributions and other -€50
Cash 2024 €8,463
Every line side by side 41 lines
Line Code 2023 2024 Change %
Total assets 20/58 €42,731 €59,596 +€16,865 +39.5%
Fixed assets 21/28 €4,118 €2,000 -€2,118 -51.4%
Intangible fixed assets 21 €118 €0 -€118 -100.0%
Tangible fixed assets 22/27 €4,000 €2,000 -€2,000 -50.0%
Furniture and vehicles 24 €4,000 €2,000 -€2,000 -50.0%
Current assets 29/58 €38,613 €57,596 +€18,983 +49.2%
Amounts receivable within one year 40/41 €37,068 €46,374 +€9,306 +25.1%
Trade receivables 40 €30,399 €41,511 +€11,113 +36.6%
Other amounts receivable 41 €6,669 €4,862 -€1,807 -27.1%
Cash at bank and in hand 54/58 €1,545 €8,463 +€6,918 +447.9%
Deferred charges and accrued income 490/1 - €2,759 +€2,759
Total equity and liabilities 10/49 €42,731 €59,596 +€16,865 +39.5%
Equity 10/15 -€44,541 -€34,542 +€9,999 +22.4%
Contributions 10/11 €18,600 €18,600 = 0.0%
Profit (loss) carried forward 14 -€63,141 -€53,142 +€9,999 +15.8%
Amounts payable 17/49 €87,272 €94,138 +€6,866 +7.9%
Amounts payable within one year 42/48 €87,272 €94,138 +€6,866 +7.9%
Trade debts 44 €76,151 €76,720 +€569 +0.7%
Suppliers 440/4 €76,151 €76,720 +€569 +0.7%
Taxes, remuneration and social security 45 €5,644 €8,491 +€2,847 +50.4%
Taxes 450/3 €4,445 €3,563 -€882 -19.8%
Remuneration and social security 454/9 €1,199 €4,928 +€3,730 +311.2%
Other amounts payable 47/48 €5,477 €8,927 +€3,450 +63.0%
Turnover 70 €112,239 €101,737 -€10,502 -9.4%
Goods, raw materials, services and sundry goods 60/61 €41,139 €29,462 -€11,678 -28.4%
Remuneration, social security and pensions 62 €17,445 €607 -€16,838 -96.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €2,000 €2,000 = 0.0%
Other operating charges 640/8 - €2,276 +€2,276
Non-recurring operating charges 66A €403 €2,233 +€1,831 +454.6%
Gross operating margin 9900 €4,712 €17,067 +€12,355 +262.2%
Operating profit (loss) 9901 -€15,136 €9,951 +€25,087
Financial income 75/76B €0 €349 +€349 +388177.8%
Recurring financial income 75 €0 €349 +€349 +388177.8%
Non-recurring financial income 76B €0 - -€0
Financial charges 65/66B €111 €252 +€140 +126.4%
Recurring financial charges 65 €111 €252 +€140 +126.4%
Non-recurring financial charges 66B - €0 =
Profit (loss) for the period before taxes 9903 -€15,247 €10,049 +€25,296
Income taxes 67/77 -€130 - +€130
Profit (loss) for the period 9904 -€15,117 €10,049 +€25,165
Profit (loss) for the period to be appropriated 9905 -€15,117 €10,049 +€25,165

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.