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Drawify

Bankruptcy closed
Private limited companyfounded 2020Meeuwstraat 7, 2050 Antwerpen, BelgiumKBO/BCE: BE 0757.580.985

Inactive since 03-07-2026; last annual accounts for fiscal year 2023.

Summary

Drawify was declared bankrupt on 13-03-2025 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed by liquidation by judgment of 30-06-2026, published in the Belgian State Gazette on 06-07-2026.

DrawifyBankruptcy closed

Financials · fiscal year 2023, abbreviated schema

Equity
-€133,922▼ 68.6%
2022 · -€79,416
Total assets
€358,045▲ 62.7%
2022 · €220,067
Net result
-€54,540▲ 50.0%
2022 · -€109,000
Working capital
€53,744▼ 7.3%
2022 · €57,955
Trend over the years

2021 to 2023, 3 fiscal years

The operating result stays negative: a loss of €35,163 in 2023 against €99,113 in 2022; the loss shrinks.

What the company sold each fiscal year and what was left of it. A loss stands below the zero line.

Operating result-€35,163 2023 Net result-€54,540 2023

Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line202120222023
Operating result-€37,752--€99,113▼ 163%-€35,163▲ 64.5%
Net result-€40,415below the sector's middle half--€109,000below the sector's middle half▼ 170%-€54,540below the sector's middle half▲ 50.0%
Equity€29,585below the sector's middle half--€79,416below the sector's middle half-€133,922below the sector's middle half▼ 68.6%
Total assets€182,263below the sector's middle half-€220,067within the sector's middle half▲ 20.7%€358,045within the sector's middle half▲ 62.7%
Debt€152,679-€299,482▲ 96.2%€491,967▲ 64.3%
Working capital€90,648within the sector's middle half-€57,955within the sector's middle half▼ 36.1%€53,744within the sector's middle half▼ 7.3%
Solvency16.2%below the sector's middle half--36.1%below the sector's middle half▼ 52.3pp-37.4%below the sector's middle half▼ 1.3pp
Current ratio6.45above the sector's middle half-5.00above the sector's middle half▼ 1.442.60within the sector's middle half▼ 2.40
Return on assets (ROA)-22.2%below the sector's middle half--49.5%below the sector's middle half▼ 27.4pp-15.2%below the sector's middle half▲ 34.3pp
Staff (FTE)0.1below the sector's middle half-0.5below the sector's middle half▲ 400%0below the sector's middle half▼ 100%
above within below the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €358,045
Fixed assets €270,771 ▲ 83.4%
Current assets €87,274 ▲ 20.5%
Equity and liabilities
Equity-€133,922
Debt€491,967
Equity is negative: debt (€491,967) exceeds the balance-sheet total (€358,045).
Key figures and ratios
2023 value · change against 2022
EBITDA
€16,777▲
2022 · -€73,930
Cash flow
-€2,600▲
2022 · -€83,817
Interest coverage
0.80▲
2022 · -7.45
Debt ≤ 1 year
€33,530▲
2022 · €14,471
Debt > 1 year
€447,407▲
2022 · €284,166
Staff costs
€0▼
2022 · €15,230
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 41 lines
Balance sheet Code20222023
Assets
Total assets20/58€220,067€358,045▲
Fixed assets21/28€147,641€270,771▲
Intangible fixed assets21€147,641€270,771▲
Current assets29/58€72,426€87,274▲
Amounts receivable within one year40/41€18,361€28,642▲
Trade receivables40€15,352€20,735▲
Other amounts receivable41€3,010€7,907▲
Cash at bank and in hand54/58€52,966€57,862▲
Deferred charges and accrued income490/1€1,099€770▼
Equity and liabilities
Total equity and liabilities10/49€220,067€358,045▲
Equity10/15-€79,416-€133,922▼
Contributions10/11€70,000€70,000=
Profit (loss) carried forward14-€149,416-€203,922▼
Amounts payable17/49€299,482€491,967▲
Amounts payable after more than one year17€284,166€447,407▲
Financial debts170/4€284,166€447,407▲
Amounts payable within one year42/48€14,471€33,530▲
Financial debts43€1,545€374▼
Credit institutions430/8€1,545€374▼
Trade debts44€11,270€30,566▲
Suppliers440/4€11,270€30,566▲
Taxes, remuneration and social security45€1,656€2,097▲
Taxes450/3€1,656€2,097▲
Remuneration and social security454/9€0-
Other amounts payable47/48€0€493▲
Accrued charges and deferred income492/3€845€11,029▲
Income statement Code20222023
Remuneration, social security and pensions62€15,230€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25,183€51,940▲
Other operating charges640/8€423€554▲
Gross operating margin9900-€58,277€17,331▲
Operating profit (loss)9901-€99,113-€35,163▲
Financial income75/76B€34€1,608▲
Recurring financial income75€34€1,608▲
Financial charges65/66B€9,921€20,985▲
Recurring financial charges65€9,921€20,985▲
Profit (loss) for the period before taxes9903-€109,000-€54,540▲
Profit (loss) for the period9904-€109,000-€54,540▲
Profit (loss) for the period to be appropriated9905-€109,000-€54,540▲
Appropriation of the result
Profit (loss) to be appropriated9906-€149,416-€203,922▼
Profit (loss) brought forward from the previous period14P-€40,415-€149,382▼
Social balance
Average headcount (FTE)90870.50.0▼

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202120222023Change
Remuneration, social security and pensions62€8,301€15,230€0▼ 100%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,600€25,183€51,940▲ 106%
Other operating charges640/8€18,593€423€554▲ 30.9%
Gross operating margin9900-€258-€58,277€17,331▲ 130%
Operating profit (loss)9901-€37,752-€99,113-€35,163▲ 64.5%
Financial income75/76B€44€34€1,608▲ 4,604%
Recurring financial income75€44€34€1,608▲ 4,604%
Financial charges65/66B€2,707€9,921€20,985▲ 112%
Recurring financial charges65€2,707€9,921€20,985▲ 112%
Profit (loss) for the period before taxes9903-€40,415-€109,000-€54,540▲ 50.0%
Profit (loss) for the period9904-€40,415-€109,000-€54,540▲ 50.0%
Profit (loss) for the period to be appropriated9905-€40,415-€109,000-€54,540▲ 50.0%
Line202120222023Change
Assets
Total assets20/58€182,263€220,067€358,045▲ 62.7%
Fixed assets21/28€74,981€147,641€270,771▲ 83.4%
Intangible fixed assets21€74,981€147,641€270,771▲ 83.4%
Current assets29/58€107,283€72,426€87,274▲ 20.5%
Amounts receivable within one year40/41€11,496€18,361€28,642▲ 56.0%
Trade receivables40€9,837€15,352€20,735▲ 35.1%
Other amounts receivable41€1,659€3,010€7,907▲ 163%
Cash at bank and in hand54/58€95,198€52,966€57,862▲ 9.2%
Deferred charges and accrued income490/1€589€1,099€770▼ 29.9%
Equity and liabilities
Total equity and liabilities10/49€182,263€220,067€358,045▲ 62.7%
Equity10/15€29,585-€79,416-€133,922▼ 68.6%
Contributions10/11€70,000€70,000€70,000=
Profit (loss) carried forward14-€40,415-€149,416-€203,922▼ 36.5%
Amounts payable17/49€152,679€299,482€491,967▲ 64.3%
Amounts payable after more than one year17€133,340€284,166€447,407▲ 57.4%
Financial debts170/4€133,340€284,166€447,407▲ 57.4%
Amounts payable within one year42/48€16,634€14,471€33,530▲ 132%
Financial debts43€1,188€1,545€374▼ 75.8%
Credit institutions430/8€1,188€1,545€374▼ 75.8%
Trade debts44€12,406€11,270€30,566▲ 171%
Suppliers440/4€12,406€11,270€30,566▲ 171%
Taxes, remuneration and social security45€2,654€1,656€2,097▲ 26.6%
Taxes450/3€178€1,656€2,097▲ 26.6%
Remuneration and social security454/9€2,476€0--
Other amounts payable47/48€386€0€493-
Accrued charges and deferred income492/3€2,704€845€11,029▲ 1,206%
Line202120222023Change
Profit (loss) for the period9904-€40,415-€109,000-€54,540▲ 50.0%
+ Depreciation and write-downs630€10,600€25,183€51,940▲ 106%
Operating cash flow (approximation)-€29,815-€83,817-€2,600▲ 96.9%
Investment in fixed assets (approximation)--€97,843-€175,070▼ 78.9%
Change in cash--€42,231€4,896▲ 112%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 30,022 companies in this sector we hold annual accounts for 18,908. See the whole sector

Subsidies and aid

Flemish government

2022 to 2025 · 5 entries · €17,656 awarded · €17,656 paid
Year Entries awardedpaid
2025 1 -€12,500€0
2024 1 €1,125€1,125
2023 2 €25,000€13,906
2022 1 €4,031€2,625
Schemes
2 entries · €12,500 · €12,500 paid · Fonds voor Innoveren en Ondernemen
3 entries · €5,156 · €5,156 paid · Vlaams Agentschap voor Internationaal Ondernemen