Bankrupt · Opening faillissement (CBE)

COPROSAIN

BE0427972017

Rechtspersoon Cooperative company 5 establishments

COPROSAIN is a wholesaler in Ath. Cooperative, started on 30 September 1985, 5 establishments.

Chemin des Peupliers 24, 7800 Ath

Behind the company: STUDIO PILATES-FORME.

Start date

30 September 1985

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 1 of the last 1 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 15 % of short-term debt in 2021; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2021

COPROSAIN from Ath, company number BE0427972017, closed financial year 2021 with a result of € -1.1 million after tax. For that financial year COPROSAIN recorded revenue of € 9.5 million and equity of € -980,402. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 14, 2022.

What it is worth Caution

€ -980,402

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -1.1 million

Profit after tax over the fiscal year.

Cash in the bank

€ 194,324

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -1.7 million.

People and assets in 2021

Full-time equivalents

68.1

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 2.5 million

€ 36,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 206,128

Book value of vehicles, furniture and equipment.

Debts at end 2021

Bank debt ≈ 4 years to go

€ 319,316

€ 73,803 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.

Owed to suppliers

€ 2.1 million

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 97 days on average.

Taxes and wages

€ 717,388

Taxes, VAT and social contributions still to pay.

What happened to COPROSAIN?

What happened at COPROSAIN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

COPROSAIN is active according to the CBE. Legal situation: Opening faillissement.

  • Benoît FRISON stepped down as director. NBB
  • Charles HUART stepped down as director. NBB
  • Philippe DELBAR stepped down as director. NBB
  • Marie-France BUCHET stepped down as director. NBB
  • New annual accounts for financial year 2021: loss of € 1.1 million. filed late Source: NBB ↗
  • New establishment in Mons. KBO
  • New establishment in Soignies. KBO
  • STUDIO PILATES-FORME became a director. NBB

In short

Paid € 331 in corporate taxes since 2021.

Pays suppliers within 97 days on average.

Management

W.ALTER. 10.2%

The stake of W.ALTER. comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

COPROSAIN

Behind COPROSAIN is STUDIO PILATES-FORME. The shares are held by W.ALTER. (10.2%).

Directors

According to the 2021 annual accounts

STUDIO PILATES-FORME

Directeur Général

since 2021

André CREMER

Director

since 2020 · until 2021

Jacques FAUX

Director

· until 2021

Benoît FRISON

Director

since 2021 · until 2026

Charles HUART

Director

since 2021 · until 2026

Paul VANKEERBERGHEN

Director

· until 2021

Philippe DELBAR

Director

since 2021 · until 2026

LANDMARK GROUP

Directeur Général

since 2020 · until 2021

since 2021 · until 2021

Pol FRISON

Director

Also active at: LE POULET DE GIBECQ

· until 2021

Marie-France BUCHET

Director

since 2021 · until 2026

Bruno HESPEL

Director

since 2021 · until 2021

Francis DELMEE

Director

· until 2021

Shareholders

W.ALTER.

10.2%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Chemin des Peupliers 24

7800 Ath

2.145.149.951

Zinniksesteenweg 87 box b

7850 Enghien

Active since 25 October 2001

2.274.467.381

Avenue de Maire(TOU) 139-4

7500 Tournai

Active since 5 April 2018

2.323.668.949

Chaussée de Bruxelles 140

7061 Soignies

Active since 15 November 2021

2.323.669.048

Chaussée du Roeulx 222A

7000 Mons

Active since 1 January 2022

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0427.972.017
VAT number
BE 0427.972.017
Registered office
Chemin des Peupliers 24, 7800 Ath
Names & denominations
COPROSAIN
Enterprise type
Rechtspersoon
Legal form
Cooperative company
Legal situation
Opening faillissement
Start date
30 September 1985
Peppol
Not registered
Activities · NACE

Groothandel in groenten en fruit, muv consumptieaardappelen

Groothandel in groenten en fruit

Groothandel in koffie, thee, cacao en specerijen

Detailhandel in vlees en vleesproducten, muv vlees van wild en van gevogelte

Detailhandel in zuivelproducten en eieren

Groothandel in zuivelproducten en eieren

Groothandel in zuivelproducten, eieren, spijsoliën en -vetten

Detailhandel in vlees en vleeswaren

+1

Frequently asked questions

What does COPROSAIN do?
COPROSAIN is a wholesaler in Ath. Cooperative, started on 30 September 1985, 5 establishments.
What is the address of COPROSAIN?
The registered office of COPROSAIN is located at Chemin des Peupliers 24, 7800 Ath.
Is COPROSAIN still active?
No. The CBE lists COPROSAIN with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is COPROSAIN registered on Peppol?
No, COPROSAIN is currently not registered on the Peppol network.
What is the enterprise number of COPROSAIN?
The enterprise number of COPROSAIN is BE0427972017.
When was COPROSAIN founded?
COPROSAIN was founded on 30 September 1985.