ROYAL 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.
ROYAL TRANSPORT
Largest movements
- Receivables within one year -€9,303
down €9,303 (-18.7%), from €49,648 to €40,345
- Cash -€8,332
down €8,332 (-93.1%), from €8,951 to €619
mainly Debts within one year (-€21,437) and Investment in fixed assets (net) (-€3,500)
- Tangible fixed assets -€2,182
down €2,182 (-12.2%), from €17,828 to €15,646
- Debts within one year -€21,437
down €21,437 (-26.4%), from €81,107 to €59,670
of which Trade debts: -€21,451
- Profit (loss) carried forward +€1,621
up €1,621 (+17.4%), from €9,319 to €10,940
- Purchases and services +€75,767
new in 2021: €75,767
- Staff costs +€41,907
new in 2021: €41,907
- Turnover +€14,579
up €14,579 (+13.2%), from €110,041 to €124,620
- Gross operating margin +€9,151
up €9,151 (+23.1%), from €39,702 to €48,853
- Depreciation +€4,568
up €4,568 (+410%), from €1,114 to €5,682
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 | €90,427 | €70,610 | -€19,817 | -21.9% |
| Fixed assets | 21/28 | €31,828 | €29,646 | -€2,182 | -6.9% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €17,828 | €15,646 | -€2,182 | -12.2% |
| Furniture and vehicles | 24 | - | €15,646 | +€15,646 | |
| Financial fixed assets | 28 | €14,000 | €14,000 | = | 0.0% |
| Current assets | 29/58 | €58,599 | €40,964 | -€17,635 | -30.1% |
| Amounts receivable within one year | 40/41 | €49,648 | €40,345 | -€9,303 | -18.7% |
| Trade receivables | 40 | - | €32,445 | +€32,445 | |
| Other amounts receivable | 41 | - | €7,900 | +€7,900 | |
| Cash at bank and in hand | 54/58 | €8,951 | €619 | -€8,332 | -93.1% |
| Total equity and liabilities | 10/49 | €90,427 | €70,610 | -€19,817 | -21.9% |
| Equity | 10/15 | €9,319 | €10,940 | +€1,621 | +17.4% |
| Profit (loss) carried forward | 14 | €9,319 | €10,940 | +€1,621 | +17.4% |
| Amounts payable | 17/49 | €81,107 | €59,670 | -€21,437 | -26.4% |
| Amounts payable within one year | 42/48 | €81,107 | €59,670 | -€21,437 | -26.4% |
| Trade debts | 44 | €24,129 | €2,678 | -€21,451 | -88.9% |
| Suppliers | 440/4 | - | €2,678 | +€2,678 | |
| Taxes, remuneration and social security | 45 | - | €33,833 | +€33,833 | |
| Taxes | 450/3 | - | €33,833 | +€33,833 | |
| Other amounts payable | 47/48 | - | €23,159 | +€23,159 | |
| Turnover | 70 | €110,041 | €124,620 | +€14,579 | +13.2% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €75,767 | +€75,767 | |
| Remuneration, social security and pensions | 62 | - | €41,907 | +€41,907 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,114 | €5,682 | +€4,568 | +410% |
| Other operating charges | 640/8 | - | €874 | +€874 | |
| Gross operating margin | 9900 | €39,702 | €48,853 | +€9,151 | +23.1% |
| Operating profit (loss) | 9901 | €18,515 | €390 | -€18,125 | -97.9% |
| Financial charges | 65/66B | - | €798 | +€798 | |
| Recurring financial charges | 65 | -€4 | €798 | +€802 | |
| Profit (loss) for the period before taxes | 9903 | €18,519 | -€408 | -€18,927 | |
| Profit (loss) for the period | 9904 | €18,519 | -€408 | -€18,927 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,519 | -€408 | -€18,927 |
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 31 October 2026 via checked.be.