WEST TRANS SERVICE: 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.
WEST TRANS SERVICE
Largest movements
- Receivables within one year +€31,011
new in 2021: €31,011
- Tangible fixed assets +€25,774
up €25,774 (+83.4%), from €30,918 to €56,692
- Cash -€6,387
down €6,387 (-49.4%), from €12,918 to €6,531
mainly Investment in fixed assets (net) (-€34,700) and Receivables within one year (-€31,011)
- Debts within one year +€33,626
up €33,626 (+257%), from €13,105 to €46,731
- Debts after one year +€14,670
up €14,670 (+147%), from €10,000 to €24,670
- Equity +€1,652
up €1,652 (+8.0%), from €20,732 to €22,384
of which Contributions: +€20,000
- Staff costs +€67,892
new in 2021: €67,892
- Gross operating margin +€59,372
up €59,372 (+263%), from €22,541 to €81,913
- Depreciation +€6,969
up €6,969 (+356%), from €1,957 to €8,926
- Financial charges +€1,839
new in 2021: €1,839
- Other operating charges +€926
new in 2021: €926
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 | €43,836 | €94,234 | +€50,398 | +115% |
| Fixed assets | 21/28 | €30,918 | €56,692 | +€25,774 | +83.4% |
| Tangible fixed assets | 22/27 | €30,918 | €56,692 | +€25,774 | +83.4% |
| Furniture and vehicles | 24 | - | €56,692 | +€56,692 | |
| Current assets | 29/58 | €12,918 | €37,542 | +€24,624 | +191% |
| Amounts receivable within one year | 40/41 | - | €31,011 | +€31,011 | |
| Trade receivables | 40 | - | €31,011 | +€31,011 | |
| Cash at bank and in hand | 54/58 | €12,918 | €6,531 | -€6,387 | -49.4% |
| Total equity and liabilities | 10/49 | €43,836 | €94,234 | +€50,398 | +115% |
| Equity | 10/15 | €20,732 | €22,384 | +€1,652 | +8.0% |
| Contributions | 10/11 | - | €20,000 | +€20,000 | |
| Reserves | 13 | - | €2,384 | +€2,384 | |
| Distributable reserves | 133 | - | €2,384 | +€2,384 | |
| Profit (loss) carried forward | 14 | €732 | - | -€732 | |
| Amounts payable | 17/49 | €23,105 | €71,850 | +€48,746 | +211% |
| Amounts payable after more than one year | 17 | €10,000 | €24,670 | +€14,670 | +147% |
| Financial debts | 170/4 | - | €24,670 | +€24,670 | |
| Amounts payable within one year | 42/48 | €13,105 | €46,731 | +€33,626 | +257% |
| Current portion of amounts payable after more than one year | 42 | - | €10,680 | +€10,680 | |
| Trade debts | 44 | €3,412 | €8,977 | +€5,565 | +163% |
| Suppliers | 440/4 | - | €8,977 | +€8,977 | |
| Taxes, remuneration and social security | 45 | - | €16,747 | +€16,747 | |
| Taxes | 450/3 | - | €12,646 | +€12,646 | |
| Remuneration and social security | 454/9 | - | €4,100 | +€4,100 | |
| Other amounts payable | 47/48 | - | €10,327 | +€10,327 | |
| Accrued charges and deferred income | 492/3 | - | €450 | +€450 | |
| Remuneration, social security and pensions | 62 | - | €67,892 | +€67,892 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,957 | €8,926 | +€6,969 | +356% |
| Other operating charges | 640/8 | - | €926 | +€926 | |
| Gross operating margin | 9900 | €22,541 | €81,913 | +€59,372 | +263% |
| Operating profit (loss) | 9901 | €880 | €4,169 | +€3,290 | +374% |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | - | €1,839 | +€1,839 | |
| Recurring financial charges | 65 | €150 | €1,839 | +€1,689 | +1,126% |
| Profit (loss) for the period before taxes | 9903 | €732 | €2,330 | +€1,599 | +219% |
| Income taxes | 67/77 | - | €678 | +€678 | |
| Profit (loss) for the period | 9904 | €732 | €1,652 | +€921 | +126% |
| Profit (loss) for the period to be appropriated | 9905 | €732 | €1,652 | +€921 | +126% |
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 15 October 2026 via checked.be.