DRUPAFINA
ActiveSummary
DRUPAFINA has been active since 1983 and the Belgian Official 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 about 3.9% per year across the filed financial years. The computed 12-month bankruptcy probability is below 0.1% (very low).
Financials · financial year 2025, abbreviated format
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
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €26,389 in 2025 against €19,386 in 2024; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.03m
2025
Net result€0.3m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€3.1m
2025
Equity€2.0m
2025
Debt€1.0m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€0.2m
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€0.03m--€0.01m▲ 54.6%-€0.02m▼ 51.7%-€0.02m▲ 30.0%-€0.02m▼ 20.4%-€0.03m▼ 59.3%-€0.02m▲ 36.2%-€0.03m▼ 36.1%
Net result-€0.2m--€0.02m▲ 89.8%-€0.2m▼ 946%€0.01m€0.04m▲ 236%-€0.2m-€0.7m▼ 242%€0.3m
Equity€2.9m-€2.9m▼ 0.5%€2.7m▼ 5.6%€2.7m▲ 0.4%€2.7m▲ 1.3%€2.5m▼ 7.9%€1.8m▼ 29.2%€2.0m▲ 14.3%
Total assets€3.9m-€3.9m▼ 0.5%€3.7m▼ 4.7%€3.9m▲ 4.5%€4.1m▲ 6.8%€4.4m▲ 5.2%€3.8m▼ 11.7%€3.1m▼ 19.7%
Debt€1.0m-€1.0m▼ 0.4%€1.0m▼ 2.2%€1.2m▲ 15.6%€1.4m▲ 19.3%€1.8m▲ 30.7%€2.1m▲ 12.3%€1.0m▼ 49.2%
Working capital€1.3m-€1.3m▼ 0.4%€1.1m▼ 11.9%€1.1m▲ 1.0%-€1.0m-€1.2m▼ 21.9%-€2.0m▼ 68.3%-€0.2m▲ 91.3%
Turnover and EBIT margin not published: the abbreviated format does not require them.
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 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,743 | €9,743 | €9,743 | - | - | - | €315 | €525 | ▲ 66.7% |
| Other operating charges640/8 | - | - | - | €5,104 | €5,365 | €5,861 | €5,501 | €4,651 | ▼ 15.4% |
| Gross operating margin9900 | -€21,806 | -€3,781 | -€11,491 | -€10,757 | -€13,728 | -€24,546 | -€13,570 | -€21,213 | ▼ 56.3% |
| Operating profit (loss)9901 | -€32,903 | -€14,940 | -€22,660 | -€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 | €246,701 | €290,511 | €17,577 | €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 | €363,592 | €290,446 | €140,764 | €121,218 | €38,197 | €185,972 | €717,770 | €1,023 | ▼ 99.9% |
| Profit (loss) for the period before taxes9903 | -€149,794 | -€14,875 | -€145,847 | €10,935 | €39,473 | -€214,869 | -€736,255 | €255,157 | - |
| Income taxes67/77 | €434 | €397 | €13,918 | €323 | €3,827 | €351 | €373 | €412 | ▲ 10.6% |
| Profit (loss) for the period9904 | -€150,228 | -€15,272 | -€159,765 | €10,612 | €35,646 | -€215,220 | -€736,628 | €254,745 | - |
| Profit (loss) for the period to be appropriated9905 | -€150,228 | -€15,272 | -€159,765 | €10,612 | €35,646 | -€215,220 | -€736,628 | €254,745 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €3.9m | €3.9m | €3.7m | €3.9m | €4.1m | €4.4m | €3.8m | €3.1m | ▼ 19.7% |
| Fixed assets21/28 | €1.6m | €1.6m | €1.6m | €1.6m | €3.7m | €3.7m | €3.8m | €2.2m | ▼ 41.7% |
| Tangible fixed assets22/27 | €0.02m | €0.01m | - | - | - | - | €0.002m | €0.001m | ▼ 29.4% |
| Furniture and vehicles24 | - | - | - | - | - | - | €0.002m | €0.001m | ▼ 29.4% |
| Financial fixed assets28 | €1.6m | €1.6m | €1.6m | €1.6m | €3.7m | €3.7m | €3.8m | €2.2m | ▼ 41.7% |
| Current assets29/58 | €2.3m | €2.3m | €2.1m | €2.3m | €0.4m | €0.6m | €0.04m | €0.9m | ▲ 2,030% |
| Amounts receivable within one year40/41 | €0.08m | €0.03m | €0.01m | - | - | €61 | €61 | €0.02m | ▲ 37,934% |
| Other amounts receivable41 | - | - | - | - | - | €61 | €61 | €0.02m | ▲ 37,934% |
| Current investments50/53 | €2.2m | €2.2m | €2.1m | €2.3m | €0.4m | €0.6m | €0.04m | €0.7m | ▲ 1,789% |
| Cash at bank and in hand54/58 | €0.05m | €0.03m | €0.03m | €0.003m | €0.002m | €0.001m | €0.004m | €0.1m | ▲ 3,680% |
| Deferred charges and accrued income490/1 | - | - | - | €0.002m | - | - | - | €0.002m | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €3.9m | €3.9m | €3.7m | €3.9m | €4.1m | €4.4m | €3.8m | €3.1m | ▼ 19.7% |
| Equity10/15 | €2.9m | €2.9m | €2.7m | €2.7m | €2.7m | €2.5m | €1.8m | €2.0m | ▲ 14.3% |
| Contributions10/11 | €0.07m | €0.07m | €0.07m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Capital10 | - | - | - | €0.07m | €0.07m | €0.07m | €0.07m | €0.07m | = |
| Issued capital100 | - | - | - | €0.07m | €0.07m | €0.07m | €0.07m | €0.07m | = |
| Contributions outside capital11 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Share premium1100/10 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Reserves13 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Non-distributable reserves130/1 | - | - | - | €0.007m | €0.007m | €0.007m | €0.007m | €0.007m | = |
| Legal reserve130 | - | - | - | €0.007m | €0.007m | €0.007m | €0.007m | - | - |
| Reserves not available under the articles1311 | - | - | - | - | - | - | - | €0.007m | - |
| Distributable reserves133 | - | - | - | €0.2m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Profit (loss) carried forward14 | €2.4m | €2.3m | €2.2m | €2.2m | €2.2m | €2.0m | €1.2m | €1.5m | ▲ 20.4% |
| Amounts payable17/49 | €1.0m | €1.0m | €1.0m | €1.2m | €1.4m | €1.8m | €2.1m | €1.0m | ▼ 49.2% |
| Amounts payable within one year42/48 | €1.0m | €1.0m | €1.0m | €1.2m | €1.4m | €1.8m | €2.1m | €1.0m | ▼ 49.2% |
| Trade debts44 | €0.005m | - | - | - | €101 | - | - | €0.006m | - |
| Suppliers440/4 | - | - | - | - | €101 | - | - | €0.006m | - |
| Taxes, remuneration and social security45 | - | - | - | €322 | €0.004m | - | €162 | €0.001m | ▲ 255% |
| Taxes450/3 | - | - | - | €322 | €0.004m | - | €162 | €0.001m | ▲ 255% |
| Other amounts payable47/48 | - | - | - | €1.2m | €1.4m | €1.8m | €2.1m | €1.0m | ▼ 49.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.2m | -€0.02m | -€0.2m | €0.01m | €0.04m | -€0.2m | -€0.7m | €0.3m | - |
| + Depreciation and write-downs630 | €0.01m | €0.01m | €0.01m | - | - | - | €315 | €0.001m | ▲ 66.7% |
| Operating cash flow (approximation) | -€0.1m | -€0.006m | -€0.2m | €0.01m | €0.04m | -€0.2m | -€0.7m | €0.3m | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€2.1m | €0 | -€0.08m | €1.6m | - |
| Change in cash | - | -€0.01m | -€0.005m | -€0.03m | -€0.001m | -€0.001m | €0.003m | €0.1m | ▲ 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.
Latest 10 of 42 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 02-06-2026 | 2026-00131586 |
| 31-12-2024 | abbreviated format | 30-06-2025 | 2025-00194216 |
| 31-12-2023 | abbreviated format | 21-06-2024 | 2024-00147161 |
| 31-12-2022 | abbreviated format | 03-07-2023 | 2023-00188244 |
| 31-12-2021 | abbreviated format | 28-06-2022 | 2022-20099000 |
| 31-12-2020 | abbreviated format | 17-06-2021 | 2021-20500596 |
| 31-12-2019 | abbreviated format | 04-06-2020 | 2020-14400041 |
| 31-12-2018 | abbreviated format | 07-06-2019 | 2019-16400349 |
| 31-12-2017 | abbreviated format | 07-06-2018 | 2018-16200125 |
| 31-12-2016 | abbreviated format | 20-06-2017 | 2017-18400172 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.