Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
24 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
Befracon from Ingelmunster, company number BE0479767047, closed financial year 2024 with a result of € -73,914 after tax. For that financial year Befracon recorded a gross margin of € 8,132 and equity of € -6.3 million. Compared with financial year 2023, the result moved from € 395 to € -73,914. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 1, 2025.
€ -6.3 million
▼ € 73,914 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -73,914
▼ still € 395 profit in 2023
Profit after tax over the fiscal year.
€ 3
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -10.2 million.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 64,759
▼ 33% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 210
▲ 49% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 3,510 | € 750 | € 8,132 | ▲ € 7,382 |
| Profit after taxes | € 1,513 | € 395 | € -73,914 | ▼ € 74,309 |
| Equity | € -6,290,393 | € -6,206,500 | € -6,280,414 | ▼ € 73,914 |
| Total debts | € 6,410,278 | € 6,312,558 | € 6,280,417 | ▼ 1% |
| Cash | € 217 | - | € 3 | |
| Retained profit | € -10,250,393 | € -10,166,500 | € -10,240,414 | ▼ € 73,914 |
| Balance sheet total | € 119,885 | € 106,058 | € 3 | ▼ € 106,055 |
Key figures of Befracon, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Befracon?
What happened at Befracon in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Befracon is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 73,914 (▼ € 74,309 vs 2023). filed late Source: NBB ↗
- New establishment in Waregem. KBO
- New establishment in Ingelmunster. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,513 profit in 2021 to € 73,914 loss in 2024.
Best year ever: 2021, with € 1,513 profit.
Establishments
Establishment units
Physical locations of this company
Oostrozebekestraat 54
8770 Ingelmunster
Deerlijkseweg 22
8790 Waregem
Active since 1 January 2007
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 24 companies are registered at this address.
All companies at this address →MONUMENT STABILITY CONTRACTOR
€ 6 million gross margin · 2025
MONUMENT GROUP
€ 5 million revenue · 2025
MONUMENT - VANDEKERCKHOVE
€ 119.4 million revenue · 2025
STERN
€ 2,934 gross margin · 2025
DEINS GOED
€ 2,882 gross margin · 2025
+19 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0479.767.047
- VAT number
- BE 0479.767.047
- Registered office
- Oostrozebekestraat 54, 8770 Ingelmunster
- Names & denominations
- Befracon
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 14 March 2003
- Peppol
- Not registered
- Activities · NACE
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