Drought potentially affects carbon balance and growth of trees, but little is known to what extent soil plays a role in the trade-off between carbon gain and growth investment. In the present study, we analyzed leaf non-structural carbohydrates (NSC) as an indicator of the balance of photosynthetic carbon gain and carbon use, as well as growth of European beech (Fagus sylvatica L.) saplings, which were grown on two different soil types (calcareous and acidic) in model ecosystems and subjected to a severe summer drought. Our results showed that drought led in general to increased total NSC concentrations and to decreased growth rate, and drought reduced shoot and stem growth of plants in acidic soil rather than in calcareous soil. This result indicated that soil type modulated the carbon trade-off between net leaf carbon gain and carbon investment to growth. In drought-stressed trees, leaf starch concentration and growth correlated negatively whereas soluble sugar:starch ratio and growth correlated positively, which may contribute to a better understanding of growth regulation under drought conditions. Our results emphasize the role of soil in determining the trade-off between the balance of carbon gain and carbon use on the leaf level and growth under stress (e.g. drought).