The 1954–55 Hapoel Balfouria season was the club's 13th season since its establishment, in 1906, and 7th since the establishment of the State of Israel.
This was the club's second and last season in the top division.
During the season, the club competed in Liga Alef (top division) and the State Cup.
Win Draw Loss League matches began on 6 February 1955, and by the time the season, only 20 rounds of matches were completed, delaying the end of the league season to the next season.
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