MAHE MOTORS: what changed
MAHE MOTORS
Largest movements
- Cash -€2,758
down €2,758 (-18.5%), from €14,930 to €12,172
mainly Net result for the year (-€1,351) and Debts within one year (-€1,337)
- Profit (loss) carried forward -€1,351
down €1,351 (-62.8%), from -€2,152 to -€3,504
- Debts within one year -€1,337
down €1,337 (-69.1%), from €1,936 to €599
- Gross operating margin -€10,278
down €10,278, from €9,080 to -€1,198
- Financial charges +€153
new in 2021: €153
Change in the result, 2020 to 2021
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2020 and 2021 balance sheets and the 2021 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,961 | €12,273 | -€2,688 | -18.0% |
| Current assets | 29/58 | €14,961 | €12,273 | -€2,688 | -18.0% |
| Amounts receivable within one year | 40/41 | €31 | €101 | +€70 | +223% |
| Other amounts receivable | 41 | - | €101 | +€101 | |
| Cash at bank and in hand | 54/58 | €14,930 | €12,172 | -€2,758 | -18.5% |
| Total equity and liabilities | 10/49 | €14,961 | €12,273 | -€2,688 | -18.0% |
| Equity | 10/15 | €13,025 | €11,674 | -€1,351 | -10.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Capital | 10 | - | €10,000 | +€10,000 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Uncalled capital | 101 | - | €8,600 | +€8,600 | |
| Reserves | 13 | €5,177 | €5,177 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Legal reserve | 130 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | - | €3,317 | +€3,317 | |
| Profit (loss) carried forward | 14 | -€2,152 | -€3,504 | -€1,351 | -62.8% |
| Amounts payable | 17/49 | €1,936 | €599 | -€1,337 | -69.1% |
| Amounts payable within one year | 42/48 | €1,936 | €599 | -€1,337 | -69.1% |
| Other amounts payable | 47/48 | - | €599 | +€599 | |
| Gross operating margin | 9900 | €9,080 | -€1,198 | -€10,278 | |
| Operating profit (loss) | 9901 | €7,480 | -€1,198 | -€8,678 | |
| Financial charges | 65/66B | - | €153 | +€153 | |
| Recurring financial charges | 65 | - | €153 | +€153 | |
| Profit (loss) for the period before taxes | 9903 | €7,480 | -€1,351 | -€8,831 | |
| Profit (loss) for the period | 9904 | €7,480 | -€1,351 | -€8,831 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,480 | -€1,351 | -€8,831 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.