DRAFIL: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
What changed
DRAFIL
NACE 25.999, Manufacture of fabricated metal products, except machinery and equipment
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€832,155
2024 · -€431,096-€401,059
Equity
€6.4m
2024 · €5.3m+€1.1m
Cash
€413,036
2024 · €71,684+€341,352
Balance sheet total
€12.7m
2024 · €12.9m-€265,693
Largest movements
Assets
- Financial fixed assets +€2.4m
new in 2025: €2.4m
- Receivables within one year -€1.8m
down €1.8m (-41.1%), from €4.4m to €2.6m
of which Trade receivables: -€1.6m
- Tangible fixed assets -€853,481
down €853,481 (-16.5%), from €5.2m to €4.3m
of which Leasing and similar rights: -€613,899
- Stocks and contracts -€497,045
down €497,045 (-14.9%), from €3.3m to €2.8m
- Cash +€341,352
up €341,352 (+476%), from €71,684 to €413,036
mainly Contributions, distributions and other (+€1.9m) and Receivables within one year (+€1.8m)
Equity and liabilities
- Contributions +€2.0m
up €2.0m (+51.2%), from €3.9m to €5.9m
- Debts after one year -€854,382
down €854,382 (-32.4%), from €2.6m to €1.8m
- Reserves -€619,231
down €619,231 (-55.9%), from €1.1m to €488,501
of which Distributable reserves: -€588,797
- Other debts -€332,990
no longer reported in 2025 (was €332,990)
- Profit (loss) carried forward -€212,924
new in 2025: -€212,924
Income statement
- Turnover -€1.7m
down €1.7m (-12.3%), from €14.1m to €12.4m
- Staff costs -€737,608
down €737,608 (-25.5%), from €2.9m to €2.2m
- Services and other goods -€657,611
down €657,611 (-19.3%), from €3.4m to €2.8m
- Other operating income -€379,712
down €379,712 (-48.7%), from €780,243 to €400,530
- Goods and materials -€371,503
down €371,503 (-4.8%), from €7.8m to €7.4m
of which Purchases: -€503,732
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Result 2024
-€431,096
Turnover
-€1.7m
Other operating income
-€379,712
Goods and materials
+€371,503
Services and other goods
+€657,611
Staff costs
+€737,608
Depreciation
-€699
Write-downs
-€273,134
Other operating charges
+€4,974
Other operating items
+€103,273
Financial income
-€49,861
Financial charges
+€167,421
Taxes
+€157
Deferred taxes and other
+€659
Result 2025
-€832,155
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€1.9m
Investment
-€2.6m
Financing
+€1.1m
Cash 2024
€71,684
From operations (derived)
+€1.9m
Net result for the year
-€832,155
Depreciation
+€1.1m
Receivables after one year
-€140,000
Stocks and contracts
+€497,045
Receivables within one year
+€1.8m
Deferred charges and accrued income
-€7,060
Provisions
-€10,145
Trade debts
-€55,845
Tax, wage and social debts
-€80,503
Advances received
-€5,904
Other debts
-€332,990
Accrued charges and deferred income
-€7,280
Investment (derived)
-€2.6m
Investment in fixed assets (net)
-€2.6m
Financing
+€1.1m
Debts after one year
-€854,382
Current portion of long-term debt
-€10,828
Contributions, distributions and other
+€1.9m
Cash 2025
€413,036
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,945,021 | €12,679,327 | -€265,693 | -2.1% |
| Fixed assets | 21/28 | €5,161,380 | €6,697,991 | +€1.5m | +29.8% |
| Intangible fixed assets | 21 | €2,487 | €1,242 | -€1,245 | -50.1% |
| Tangible fixed assets | 22/27 | €5,158,893 | €4,305,412 | -€853,481 | -16.5% |
| Plant, machinery and equipment | 23 | €1,806,875 | €1,457,493 | -€349,382 | -19.3% |
| Furniture and vehicles | 24 | €162,353 | €127,571 | -€34,782 | -21.4% |
| Leasing and similar rights | 25 | €3,092,626 | €2,478,727 | -€613,899 | -19.9% |
| Assets under construction and advance payments | 27 | €97,039 | €241,621 | +€144,582 | +149% |
| Financial fixed assets | 28 | - | €2,391,338 | +€2.4m | |
| Affiliated companies | 280/1 | - | €2,391,338 | +€2.4m | |
| Amounts receivable | 281 | - | €2,391,338 | +€2.4m | |
| Current assets | 29/58 | €7,783,641 | €5,981,336 | -€1.8m | -23.2% |
| Amounts receivable after more than one year | 29 | - | €140,000 | +€140,000 | |
| Trade receivables | 290 | - | €140,000 | +€140,000 | |
| Stocks and contracts in progress | 3 | €3,325,026 | €2,827,981 | -€497,045 | -14.9% |
| Stocks | 30/36 | €3,325,026 | €2,827,981 | -€497,045 | -14.9% |
| Raw materials and consumables | 30/31 | €1,263,473 | €860,833 | -€402,640 | -31.9% |
| Work in progress | 32 | €455,856 | €316,348 | -€139,508 | -30.6% |
| Finished goods | 33 | €1,605,697 | €1,650,800 | +€45,102 | +2.8% |
| Amounts receivable within one year | 40/41 | €4,368,568 | €2,574,897 | -€1.8m | -41.1% |
| Trade receivables | 40 | €3,993,516 | €2,387,954 | -€1.6m | -40.2% |
| Other amounts receivable | 41 | €375,053 | €186,943 | -€188,109 | -50.2% |
| Cash at bank and in hand | 54/58 | €71,684 | €413,036 | +€341,352 | +476% |
| Deferred charges and accrued income | 490/1 | €18,362 | €25,422 | +€7,060 | +38.4% |
| Total equity and liabilities | 10/49 | €12,945,021 | €12,679,327 | -€265,693 | -2.1% |
| Equity | 10/15 | €5,327,234 | €6,419,417 | +€1.1m | +20.5% |
| Contributions | 10/11 | €3,902,909 | €5,902,909 | +€2.0m | +51.2% |
| Capital | 10 | €3,902,909 | €5,902,909 | +€2.0m | +51.2% |
| Issued capital | 100 | €3,902,909 | €5,902,909 | +€2.0m | +51.2% |
| Reserves | 13 | €1,107,732 | €488,501 | -€619,231 | -55.9% |
| Non-distributable reserves | 130/1 | €368,373 | €368,373 | = | 0.0% |
| Legal reserve | 130 | €368,373 | €368,373 | = | 0.0% |
| Tax-exempt reserves | 132 | €150,562 | €120,128 | -€30,434 | -20.2% |
| Distributable reserves | 133 | €588,797 | - | -€588,797 | |
| Profit (loss) carried forward | 14 | - | -€212,924 | -€212,924 | |
| Investment grants | 15 | €316,593 | €240,931 | -€75,662 | -23.9% |
| Provisions and deferred taxes | 16 | €212,395 | €202,250 | -€10,145 | -4.8% |
| Provisions for liabilities and charges | 160/5 | €174,314 | €174,314 | = | 0.0% |
| Environmental obligations | 163 | €174,314 | €174,314 | = | 0.0% |
| Deferred taxes | 168 | €38,081 | €27,936 | -€10,145 | -26.6% |
| Amounts payable | 17/49 | €7,405,391 | €6,057,660 | -€1.3m | -18.2% |
| Amounts payable after more than one year | 17 | €2,641,003 | €1,786,621 | -€854,382 | -32.4% |
| Financial debts | 170/4 | €2,641,003 | €1,786,621 | -€854,382 | -32.4% |
| Leasing and similar obligations | 172 | €2,130,253 | €1,397,782 | -€732,472 | -34.4% |
| Credit institutions | 173 | €510,749 | €388,839 | -€121,910 | -23.9% |
| Amounts payable within one year | 42/48 | €4,748,303 | €4,262,233 | -€486,070 | -10.2% |
| Current portion of amounts payable after more than one year | 42 | €865,210 | €854,382 | -€10,828 | -1.3% |
| Trade debts | 44 | €2,975,804 | €2,919,959 | -€55,845 | -1.9% |
| Suppliers | 440/4 | €2,975,804 | €2,919,959 | -€55,845 | -1.9% |
| Advances received on contracts in progress | 46 | €74,500 | €68,595 | -€5,904 | -7.9% |
| Taxes, remuneration and social security | 45 | €499,800 | €419,297 | -€80,503 | -16.1% |
| Taxes | 450/3 | €13,046 | €12,250 | -€796 | -6.1% |
| Remuneration and social security | 454/9 | €486,754 | €407,047 | -€79,707 | -16.4% |
| Other amounts payable | 47/48 | €332,990 | - | -€332,990 | |
| Accrued charges and deferred income | 492/3 | €16,086 | €8,806 | -€7,280 | -45.3% |
| Operating income | 70/76A | €14,609,675 | €12,881,426 | -€1.7m | -11.8% |
| Turnover | 70 | €14,138,924 | €12,398,065 | -€1.7m | -12.3% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€556,274 | -€62,664 | +€493,610 | +88.7% |
| Other operating income | 74 | €780,243 | €400,530 | -€379,712 | -48.7% |
| Non-recurring operating income | 76A | €246,781 | €145,494 | -€101,287 | -41.0% |
| Operating charges | 60/66A | €14,906,723 | €13,697,909 | -€1.2m | -8.1% |
| Goods for resale, raw materials and consumables | 60 | €7,766,791 | €7,395,288 | -€371,503 | -4.8% |
| Purchases | 600/8 | €7,488,723 | €6,984,991 | -€503,732 | -6.7% |
| Change in stocks: decrease (increase) | 609 | €278,068 | €410,297 | +€132,230 | +47.6% |
| Services and other goods | 61 | €3,409,067 | €2,751,456 | -€657,611 | -19.3% |
| Remuneration, social security and pensions | 62 | €2,889,942 | €2,152,333 | -€737,608 | -25.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,070,309 | €1,071,008 | +€699 | +0.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€249,049 | €24,084 | +€273,134 | |
| Other operating charges | 640/8 | €19,664 | €14,689 | -€4,974 | -25.3% |
| Non-recurring operating charges | 66A | - | €289,049 | +€289,049 | |
| Operating profit (loss) | 9901 | -€297,049 | -€816,483 | -€519,434 | -175% |
| Financial income | 75/76B | €131,197 | €81,336 | -€49,861 | -38.0% |
| Recurring financial income | 75 | €131,197 | €81,336 | -€49,861 | -38.0% |
| Income from current assets | 751 | €24 | €1,428 | +€1,404 | +5,931% |
| Other financial income | 752/9 | €131,173 | €79,908 | -€51,265 | -39.1% |
| Financial charges | 65/66B | €273,736 | €106,315 | -€167,421 | -61.2% |
| Recurring financial charges | 65 | €139,681 | €106,315 | -€33,366 | -23.9% |
| Debt charges | 650 | €137,629 | €100,036 | -€37,593 | -27.3% |
| Other financial charges | 652/9 | €2,052 | €6,279 | +€4,227 | +206% |
| Non-recurring financial charges | 66B | €134,055 | - | -€134,055 | |
| Profit (loss) for the period before taxes | 9903 | -€439,588 | -€841,462 | -€401,874 | -91.4% |
| Transfer from deferred taxes | 780 | €9,486 | €10,145 | +€659 | +6.9% |
| Income taxes | 67/77 | €994 | €838 | -€157 | -15.8% |
| Taxes | 670/3 | €994 | €838 | -€157 | -15.8% |
| Profit (loss) for the period | 9904 | -€431,096 | -€832,155 | -€401,059 | -93.0% |
| Transfer from tax-exempt reserves | 789 | €28,458 | €30,434 | +€1,976 | +6.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€402,639 | -€801,721 | -€399,082 | -99.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.