COPROSAIN: what changed
Two fiscal 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
COPROSAIN
NACE 46.319, Wholesale of fruit and vegetables, excluding potatoes
fiscal year 2020 against 2021filed annual accounts (NBB)
Net result for the year
-€1.1m
2020 · €32,699-€1.1m
Equity
-€980,402
2020 · €73,330-€1.1m
Cash
€194,324
2020 · €244,704-€50,380
Balance sheet total
€2.2m
2020 · €2.7m-€460,069
Largest movements
Assets
- Current assets -€382,275
down €382,275 (-32.3%), from €1.2m to €799,615
- Tangible fixed assets -€74,717
down €74,717 (-5.1%), from €1.5m to €1.4m
Equity and liabilities
- Equity -€1.1m
down €1.1m, from €73,330 to -€980,402
of which Profit (loss) carried forward: -€1.1m
- Debts +€609,686
up €609,686 (+23.8%), from €2.6m to €3.2m
of which Debts within one year: +€657,956
Income statement
- Goods and materials +€5.9m
new in 2021: €5.9m
of which Purchases: +€5.8m
- Gross operating margin -€2.5m
no longer reported in 2021 (was €2.5m)
- Staff costs +€2.5m
new in 2021: €2.5m
- Services and other goods +€1.8m
new in 2021: €1.8m
- Turnover -€618,898
down €618,898 (-6.1%), from €10.1m to €9.5m
From the 2020 result to the 2021 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 2020
€32,699
Turnover
-€618,898
Other operating income
+€121,825
Goods and materials
-€5.9m
Services and other goods
-€1.8m
Staff costs
-€2.5m
Depreciation
+€13,767
Write-downs
-€46,373
Provisions
+€16,023
Other operating charges
-€29,664
Other operating items
+€9.7m
Financial income
+€2,312
Financial charges
-€34,217
Other financial items
+€26,833
Taxes
-€814
Result 2021
-€1.1m
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,651,169 | €2,191,100 | -€460,069 | -17.4% |
| Fixed assets | 21/28 | €1,469,279 | €1,391,485 | -€77,794 | -5.3% |
| Intangible fixed assets | 21 | €5,667 | €3,333 | -€2,334 | -41.2% |
| Tangible fixed assets | 22/27 | €1,451,259 | €1,376,542 | -€74,717 | -5.1% |
| Land and buildings | 22 | - | €325,015 | +€325,015 | |
| Plant, machinery and equipment | 23 | - | €845,399 | +€845,399 | |
| Furniture and vehicles | 24 | - | €206,128 | +€206,128 | |
| Other tangible fixed assets | 26 | - | €0 | = | |
| Financial fixed assets | 28 | €12,353 | €11,610 | -€743 | -6.0% |
| Other financial fixed assets | 284/8 | - | €11,610 | +€11,610 | |
| Amounts receivable and cash guarantees | 285/8 | - | €11,610 | +€11,610 | |
| Current assets | 29/58 | €1,181,890 | €799,615 | -€382,275 | -32.3% |
| Stocks and contracts in progress | 3 | €486,605 | €362,498 | -€124,107 | -25.5% |
| Stocks | 30/36 | - | €362,498 | +€362,498 | |
| Goods purchased for resale | 34 | - | €362,498 | +€362,498 | |
| Amounts receivable within one year | 40/41 | €396,491 | €242,750 | -€153,741 | -38.8% |
| Trade receivables | 40 | - | €211,632 | +€211,632 | |
| Other amounts receivable | 41 | - | €31,118 | +€31,118 | |
| Current investments | 50/53 | €453 | - | -€453 | |
| Cash at bank and in hand | 54/58 | €244,704 | €194,324 | -€50,380 | -20.6% |
| Deferred charges and accrued income | 490/1 | - | €43 | +€43 | |
| Total equity and liabilities | 10/49 | €2,651,169 | €2,191,100 | -€460,069 | -17.4% |
| Equity | 10/15 | €73,330 | -€980,402 | -€1.1m | |
| Contributions | 10/11 | - | €433,972 | +€433,972 | |
| Revaluation surpluses | 12 | - | €287,787 | +€287,787 | |
| Reserves | 13 | €12,853 | €12,853 | -€0 | 0.0% |
| Non-distributable reserves | 130/1 | - | €11,955 | +€11,955 | |
| Reserves not available under the articles | 1311 | - | €11,955 | +€11,955 | |
| Distributable reserves | 133 | - | €898 | +€898 | |
| Profit (loss) carried forward | 14 | -€635,492 | -€1,715,014 | -€1.1m | -169.9% |
| Provisions and deferred taxes | 16 | €16,023 | - | -€16,023 | |
| Amounts payable | 17/49 | €2,561,816 | €3,171,502 | +€609,686 | +23.8% |
| Amounts payable after more than one year | 17 | €341,583 | €283,181 | -€58,402 | -17.1% |
| Financial debts | 170/4 | - | €221,733 | +€221,733 | |
| Credit institutions | 173 | - | €221,733 | +€221,733 | |
| Other amounts payable | 178/9 | - | €61,448 | +€61,448 | |
| Amounts payable within one year | 42/48 | €2,212,733 | €2,870,689 | +€657,956 | +29.7% |
| Current portion of amounts payable after more than one year | 42 | - | €73,803 | +€73,803 | |
| Financial debts | 43 | - | €23,780 | +€23,780 | |
| Credit institutions | 430/8 | - | €23,780 | +€23,780 | |
| Trade debts | 44 | €1,712,052 | €2,052,435 | +€340,383 | +19.9% |
| Suppliers | 440/4 | - | €2,052,435 | +€2.1m | |
| Taxes, remuneration and social security | 45 | - | €717,388 | +€717,388 | |
| Taxes | 450/3 | - | €92,715 | +€92,715 | |
| Remuneration and social security | 454/9 | - | €624,673 | +€624,673 | |
| Other amounts payable | 47/48 | - | €3,283 | +€3,283 | |
| Accrued charges and deferred income | 492/3 | - | €17,632 | +€17,632 | |
| Operating income | 70/76A | - | €9,669,226 | +€9.7m | |
| Turnover | 70 | €10,132,620 | €9,513,722 | -€618,898 | -6.1% |
| Other operating income | 74 | - | €121,825 | +€121,825 | |
| Non-recurring operating income | 76A | - | €33,679 | +€33,679 | |
| Operating charges | 60/66A | - | €10,716,512 | +€10.7m | |
| Goods for resale, raw materials and consumables | 60 | - | €5,911,955 | +€5.9m | |
| Purchases | 600/8 | - | €5,787,848 | +€5.8m | |
| Change in stocks: decrease (increase) | 609 | - | €124,107 | +€124,107 | |
| Services and other goods | 61 | - | €1,843,603 | +€1.8m | |
| Remuneration, social security and pensions | 62 | - | €2,468,181 | +€2.5m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €177,749 | €163,982 | -€13,767 | -7.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €46,373 | +€46,373 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€16,023 | -€16,023 | |
| Other operating charges | 640/8 | - | €29,664 | +€29,664 | |
| Non-recurring operating charges | 66A | - | €268,777 | +€268,777 | |
| Gross operating margin | 9900 | €2,509,605 | - | -€2.5m | |
| Operating profit (loss) | 9901 | €59,049 | -€1,047,286 | -€1.1m | |
| Financial income | 75/76B | - | €2,312 | +€2,312 | |
| Recurring financial income | 75 | €1 | €2,312 | +€2,312 | +462300.0% |
| Other financial income | 752/9 | - | €2,312 | +€2,312 | |
| Financial charges | 65/66B | - | €34,217 | +€34,217 | |
| Recurring financial charges | 65 | €26,834 | €34,217 | +€7,383 | +27.5% |
| Debt charges | 650 | - | €10,753 | +€10,753 | |
| Other financial charges | 652/9 | - | €23,464 | +€23,464 | |
| Profit (loss) for the period before taxes | 9903 | €32,216 | -€1,079,191 | -€1.1m | |
| Income taxes | 67/77 | -€483 | €331 | +€814 | |
| Taxes | 670/3 | - | €331 | +€331 | |
| Profit (loss) for the period | 9904 | €32,699 | -€1,079,522 | -€1.1m | |
| Profit (loss) for the period to be appropriated | 9905 | €32,699 | -€1,079,522 | -€1.1m |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.