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Meeuwstraat 7 ·2050 Antwerpen, Belgium
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BE 0757.580.985
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Turnover
EBIT margin
Net result€-55k+50.0%
Working capital€54k-7.3%
Directors1
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Annual accounts & ratios

Source: NBB · 2023
Annual accounts filed on 27-06-2024 with the NBB · fiscal year 2023 · verkort
€-150k€-100k€-50k€0Operating result 2021: €-38k€-38kNet result 2021: €-40k€-40kOperating result 2022: €-99k€-99kNet result 2022: €-109k€-109kOperating result 2023: €-35k€-35kNet result 2023: €-55k€-55k202120222023
Operating resultNet result
Sector comparison
Fiscal year 2023 · NACE 62 — Computer programming & consultancy · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency -37.4% 24.7%
better than 13% of 85 sector peers
Net result €-55k €1k
better than 28% of 86 sector peers
Equity €-134k €39k
better than 9% of 86 sector peers
Gross operating margin €17k €42k
better than 37% of 86 sector peers
Staff costs €0 €294k
higher than 5% of 39 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€17k
21–23
Net profit
€-55k
+50.0% 21–23
Cash flow
€-3k
+96.9% 21–23
Total assets
€358k
+62.7% 21–23
Equity
€-134k
-68.6% 21–23
Working capital
€54k
-7.3% 21–23
Employees (FTE)
0
-100.0% 21–23
Staff costs
€0
-100.0% 21–23
Debt
€492k
+64.3% 21–23
Debt ≤ 1y
€34k
+131.7% 21–23
Debt > 1y
€447k
+57.4% 21–23
Current ratio
2.60
-48.0% 21–23
Quick ratio
2.60
-48.0% 21–23
Solvency
-37.4%
-3.6% 21–23
Debt / equity
-3.67
+2.6% 21–23
ROE
40.7%
-70.3% 21–23
ROA
-15.2%
+69.2% 21–23
Interest coverage
0.80
21–23
Figures by fiscal year
Fiscal year2023
Revenue
EBITDA€17k
Net profit€-55k
Cash flow€-3k
Staff costs€0
Income taxes
Dividends
Total assets€358k
Equity€-134k
Debt€492k
of which ≤ 1y€34k
of which > 1y€447k
Working capital€54k
Employees (FTE)0.0
Ratios (computed)
2023
Current ratio2.60
Quick ratio2.60
Working capital ratio15.0%
Solvency-37.4%
Debt / equity-3.67
Long-term debt ratio-3.34
Interest coverage0.80
Gross margin
Net margin
ROA-15.2%
ROE40.7%
EBITDA margin
Days sales outstanding
Days payable outstanding
Inventory turnover
Days inventory (DSI)
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet — Assets
TOTAL ASSETS 20/58€358k
Fixed assets 21/28€271k
Intangible fixed assets 21€271k
Current assets 29/58€87k
Amounts receivable within one year 40/41€29k
Cash & bank 54/58€58k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€358k
Equity 10/15€-134k
Contributions / capital 10/11€70k
Accumulated profits (losses) 14€-204k
Amounts payable 17/49€492k
Amounts payable after one year 17€447k
Amounts payable within one year 42/48€34k
Trade debts payable within one year 44€31k
Income statement
Gross operating margin 9900€17k
Operating result 9901€-35k
Financial income 75€2k
Financial charges 65€21k
Result before taxes 9903€-55k
Net result for the period 9904€-55k
Result to be appropriated 9905€-55k
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Ratios computed by Checked.

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FY 2023 · computed
0 / 100 Critical
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.