MUTSHINDO TRANSPORT: 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.
MUTSHINDO TRANSPORT
Largest movements
- Receivables within one year +€21,293
up €21,293 (+903%), from €2,359 to €23,652
of which Trade receivables: +€18,602
- Cash +€2,670
up €2,670 (+197%), from €1,352 to €4,022
mainly Net result for the year (+€13,342) and Debts within one year (+€10,622)
- Equity +€13,342
up €13,342 (+391%), from €3,414 to €16,756
of which Profit (loss) carried forward: +€13,342
- Debts within one year +€10,622
up €10,622 (+3,577%), from €297 to €10,919
of which Tax, wage and social debts: +€5,527
- Gross operating margin +€19,983
up €19,983 (+1,413%), from €1,414 to €21,397
- Taxes +€4,447
new in 2021: €4,447
- Other operating charges +€3,531
new in 2021: €3,531
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.
Derived cash bridge
Derived from the 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,711 | €27,675 | +€23,964 | +646% |
| Current assets | 29/58 | €3,711 | €27,675 | +€23,964 | +646% |
| Amounts receivable within one year | 40/41 | €2,359 | €23,652 | +€21,293 | +903% |
| Trade receivables | 40 | - | €18,602 | +€18,602 | |
| Other amounts receivable | 41 | - | €5,051 | +€5,051 | |
| Cash at bank and in hand | 54/58 | €1,352 | €4,022 | +€2,670 | +197% |
| Total equity and liabilities | 10/49 | €3,711 | €27,675 | +€23,964 | +646% |
| Equity | 10/15 | €3,414 | €16,756 | +€13,342 | +391% |
| Contributions | 10/11 | - | €2,000 | +€2,000 | |
| Profit (loss) carried forward | 14 | €1,414 | €14,756 | +€13,342 | +944% |
| Amounts payable | 17/49 | €297 | €10,919 | +€10,622 | +3,577% |
| Amounts payable within one year | 42/48 | €297 | €10,919 | +€10,622 | +3,577% |
| Trade debts | 44 | - | €5,392 | +€5,392 | |
| Suppliers | 440/4 | - | €5,392 | +€5,392 | |
| Taxes, remuneration and social security | 45 | - | €5,527 | +€5,527 | |
| Taxes | 450/3 | - | €5,527 | +€5,527 | |
| Other operating charges | 640/8 | - | €3,531 | +€3,531 | |
| Gross operating margin | 9900 | €1,414 | €21,397 | +€19,983 | +1,413% |
| Operating profit (loss) | 9901 | €1,414 | €17,866 | +€16,452 | +1,163% |
| Financial charges | 65/66B | - | €77 | +€77 | |
| Recurring financial charges | 65 | - | €77 | +€77 | |
| Profit (loss) for the period before taxes | 9903 | €1,414 | €17,789 | +€16,375 | +1,158% |
| Income taxes | 67/77 | - | €4,447 | +€4,447 | |
| Profit (loss) for the period | 9904 | €1,414 | €13,342 | +€11,928 | +844% |
| Profit (loss) for the period to be appropriated | 9905 | €1,414 | €13,342 | +€11,928 | +844% |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.