---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-004235"
form_type: "8-K"
ticker: "BELFA"
cik: "0000729580"
company_name: "BEL FUSE INC /NJ"
filed_at: "2025-02-18T23:59:59+00:00"
generated_at: "2026-05-26T17:56:46.381006+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Bel Fuse reports Q4 GAAP net loss of $1.8M; organic sales down 7.8%; CEO transition announced

## Summary
- GAAP net loss attributable to Bel shareholders of $1.8M in Q4 2024 vs net earnings of $12.0M in Q4 2023.
- Q4 net sales $149.9M, up 7% YoY; organic sales down 7.8% excluding $20.8M from Enercon acquisition.
- Adjusted EBITDA $30.3M (20.2% of sales) vs $27.3M (19.5%) in Q4-23; gross margin 37.5% vs 36.6%.
- Full year 2024 GAAP net earnings $41.0M vs $73.8M; non-GAAP net earnings $72.1M vs $89.6M.
- CEO Daniel Bernstein to transition President and CEO roles; CFO Farouq Tuweiq involved; Enercon deal closed Q4.

## SEC filing metadata
- accession: 0001437749-25-004235
- form_type: 8-K
- ticker: BELFA
- cik: 0000729580
- company_name: BEL FUSE INC /NJ
- filed_at: 2025-02-18T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/729580/000143774925004235/0001437749-25-004235-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/729580/000143774925004235/belfb20241115_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-004235
- JSON: https://secwatch.observer/filing/0001437749-25-004235.json
- Plain text: https://secwatch.observer/filing/0001437749-25-004235.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.