DRUPAFINA
ActiveSummary
DRUPAFINA has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.0m and a net result of €254,745. Equity is shrinking by ~3.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability29▲+29
Solvency91▲+20
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130,000 at 30 days acceptable
Liquidity short (current ratio 0.83 against 0.02 in 2024; short-term debt: 33.9% and cash: 4.8% of total assets), and 33.9% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
66.1%
Return on assets
8.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 d early
2024
31 d early
2023
40 d early
2022
28 d early
2021
33 d early
2020
44 d early
2019
57 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 42 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 28 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€2.0m▲ 14.3%
2024 · €1.8m
Total assets
€3.1m▼ 19.7%
2024 · €3.8m
Net result
€254,745
2024 · -€736,628
Working capital
-€176,261▲ 91.3%
2024 · -€2.0m
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€15,862▲ 30.0%-€19,094▼ 20.4%-€30,408▼ 59.3%-€19,386▲ 36.2%-€26,389▼ 36.1%
Net result€10,612€35,646▲ 236%-€215,220-€736,628▼ 242%€254,745
Equity€2.7m▲ 0.4%€2.7m▲ 1.3%€2.5m▼ 7.9%€1.8m▼ 29.2%€2.0m▲ 14.3%
Total assets€3.9m▲ 4.5%€4.1m▲ 6.8%€4.4m▲ 5.2%€3.8m▼ 11.7%€3.1m▼ 19.7%
Debt€1.2m▲ 15.6%€1.4m▲ 19.3%€1.8m▲ 30.7%€2.1m▲ 12.3%€1.0m▼ 49.2%
Working capital€1.1m▲ 1.0%-€982,832-€1.2m▼ 21.9%-€2.0m▼ 68.3%-€176,261▲ 91.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €26,389 in 2025 against €19,386 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.1m
Fixed assets
€2.2m ▼ 41.7%
Current assets
€868,247 ▲ 2,030%
Equity and liabilities €3.1m
Equity
€2.0m ▲ 14.3%
Debt
€1.0m ▼ 49.2%
Debt's share of the balance-sheet total falls from 53.5% to 33.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
-€25,864▼
2024 · -€19,071
Cash flow
€255,269▲
2024 · -€736,313
Current ratio
0.83▲
2024 · 0.02
Debt to equity
0.51▼
2024 · 1.15
ROE
12.5%▲
2024 · -41.2%
ROA
8.3%▲
2024 · -19.2%
Interest coverage
-25.27▼
2024 · -0.03
Debt ≤ 1 year
€1.0m▼
2024 · €2.1m
Income taxes
€412▲
2024 · €373
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €315 | €525 | ▲ 66.7% |
| Other operating charges640/8 | €5,104 | €5,365 | €5,861 | €5,501 | €4,651 | ▼ 15.4% |
| Gross operating margin9900 | -€10,757 | -€13,728 | -€24,546 | -€13,570 | -€21,213 | ▼ 56.3% |
| Operating profit (loss)9901 | -€15,862 | -€19,094 | -€30,408 | -€19,386 | -€26,389 | ▼ 36.1% |
| Financial income75/76B | €148,015 | €96,764 | €1,511 | €900 | €282,569 | ▲ 31,282% |
| Recurring financial income75 | €148,015 | €96,764 | €1,511 | €900 | €282,569 | ▲ 31,282% |
| Non-recurring financial income76B | - | - | - | - | €282,569 | - |
| Financial charges65/66B | €121,218 | €38,197 | €185,972 | €717,770 | €1,023 | ▼ 99.9% |
| Recurring financial charges65 | €121,218 | €38,197 | €185,972 | €717,770 | €1,023 | ▼ 99.9% |
| Profit (loss) for the period before taxes9903 | €10,935 | €39,473 | -€214,869 | -€736,255 | €255,157 | ▲ 135% |
| Income taxes67/77 | €323 | €3,827 | €351 | €373 | €412 | ▲ 10.6% |
| Profit (loss) for the period9904 | €10,612 | €35,646 | -€215,220 | -€736,628 | €254,745 | ▲ 135% |
| Profit (loss) for the period to be appropriated9905 | €10,612 | €35,646 | -€215,220 | -€736,628 | €254,745 | ▲ 135% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.9m | €4.1m | €4.4m | €3.8m | €3.1m | ▼ 19.7% |
| Fixed assets21/28 | €1.6m | €3.7m | €3.7m | €3.8m | €2.2m | ▼ 41.7% |
| Tangible fixed assets22/27 | - | - | - | €1,783 | €1,259 | ▼ 29.4% |
| Furniture and vehicles24 | - | - | - | €1,783 | €1,259 | ▼ 29.4% |
| Financial fixed assets28 | €1.6m | €3.7m | €3.7m | €3.8m | €2.2m | ▼ 41.7% |
| Current assets29/58 | €2.3m | €418,408 | €633,819 | €40,754 | €868,247 | ▲ 2,030% |
| Amounts receivable within one year40/41 | - | - | €61 | €61 | €23,357 | ▲ 37,934% |
| Other amounts receivable41 | - | - | €61 | €61 | €23,357 | ▲ 37,934% |
| Current investments50/53 | €2.3m | €416,411 | €632,899 | €36,766 | €694,346 | ▲ 1,789% |
| Cash at bank and in hand54/58 | €3,146 | €1,997 | €859 | €3,927 | €148,446 | ▲ 3,680% |
| Deferred charges and accrued income490/1 | €1,868 | - | - | - | €2,098 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.9m | €4.1m | €4.4m | €3.8m | €3.1m | ▼ 19.7% |
| Equity10/15 | €2.7m | €2.7m | €2.5m | €1.8m | €2.0m | ▲ 14.3% |
| Contributions10/11 | €254,629 | €254,629 | €254,629 | €254,629 | €254,629 | = |
| Capital10 | €68,832 | €68,832 | €68,832 | €68,832 | €68,832 | = |
| Issued capital100 | €68,832 | €68,832 | €68,832 | €68,832 | €68,832 | = |
| Outside capital11 | €185,797 | €185,797 | €185,797 | €185,797 | €185,797 | = |
| Share premium1100/10 | €185,797 | €185,797 | €185,797 | €185,797 | €185,797 | = |
| Reserves13 | €250,000 | €285,028 | €285,028 | €285,028 | €285,028 | = |
| Non-distributable reserves130/1 | €7,000 | €7,000 | €7,000 | €7,000 | €7,000 | = |
| Legal reserve130 | €7,000 | €7,000 | €7,000 | €7,000 | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €7,000 | - |
| Distributable reserves133 | €243,000 | €278,028 | €278,028 | €278,028 | €278,028 | = |
| Profit (loss) carried forward14 | €2.2m | €2.2m | €2.0m | €1.2m | €1.5m | ▲ 20.4% |
| Amounts payable17/49 | €1.2m | €1.4m | €1.8m | €2.1m | €1.0m | ▼ 49.2% |
| Amounts payable within one year42/48 | €1.2m | €1.4m | €1.8m | €2.1m | €1.0m | ▼ 49.2% |
| Trade debts44 | - | €101 | - | - | €6,116 | - |
| Suppliers440/4 | - | €101 | - | - | €6,116 | - |
| Taxes, remuneration and social security45 | €322 | €3,625 | - | €162 | €574 | ▲ 255% |
| Taxes450/3 | €322 | €3,625 | - | €162 | €574 | ▲ 255% |
| Other amounts payable47/48 | €1.2m | €1.4m | €1.8m | €2.1m | €1.0m | ▼ 49.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10,612 | €35,646 | -€215,220 | -€736,628 | €254,745 | ▲ 135% |
| + Depreciation and write-downs630 | - | - | - | €315 | €525 | ▲ 66.7% |
| Operating cash flow (approximation) | €10,612 | €35,646 | -€215,220 | -€736,313 | €255,269 | ▲ 135% |
| Investment in fixed assets (approximation) | - | -€2.1m | €0 | -€82,098 | €1.6m | ▲ 2,031% |
| Change in cash | - | -€1,149 | -€1,138 | €3,068 | €144,520 | ▲ 4,611% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
04-02
State Gazette act
RestructuringMerger · Accounting effect · Dissolution7 facts ▸
State Gazette act
Restructuring
Merger · Accounting effect · Dissolution7 facts ▸
- General meeting, 24-12-2025
- Merger, 24-12-2025
- Accounting effect, 24-12-2025
- Dissolution, 24-12-2025
- Statutes amendment
- Power of attorney, Comac Boekhouding & Fiscaliteit
- Shareholding, 100%
2025
31-12
Financial
Back to profitnet €254,745
Net result €254,745 after 2 loss-making years.
31-12
Financial
Equity above €2mEq €2.0m ▲14.3%
Equity rises from €1.8m to €2.0m.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet -€736,628
Net result drops to -€736,628, the lowest in the series; recovery starts the following year.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €10,612
Net result €10,612 after 3 loss-making years.
17-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
04-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
07-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
07-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 18 acts read
About the unread acts
Of the 18 Belgian State Gazette acts we know for this company, 1 has been read. The other 17 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
18 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Edegem · 1 establishment unit since 1984
Ground area
2,250 m²
Parcel 11013A0317/00C000, Flanders. Linked by address, not a title deed.
1 establishment unit
Prins Boudewijnlaan 265, 2650 Edegem
since 19842.024.406.232
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11013A0317/00C000 | Flanders | 2,250 m² | - | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
2 holdingsOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 2
-
100%
- Sourceaccounts Monni 202510.02%
According to the 2024 annual accounts of DRUPAFINA and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionTook over:PRINTEC PAPIER
Recognitions · licences · registrations
Legal Entity Identifier
529900TXHYHWU43GK716
Identification & contact
Identification
Legal formPublic limited company
Founded29-12-1983
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.