Bob 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.
What changed
Bob Service
NACE 37.000, Sewerage
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€13,678
2023 · €23,263-€9,586
Equity
€1.1m
2023 · €1.1m-€4,504
Cash
-
2023 · €5,529-€5,529
Balance sheet total
€1.4m
2023 · €1.3m+€82,489
Largest movements
Assets
- Receivables within one year +€58,007
up €58,007 (+5.2%), from €1.1m to €1.2m
of which Trade receivables: +€59,022
- Tangible fixed assets +€31,188
up €31,188 (+14.9%), from €209,208 to €240,396
of which Leasing and similar rights: +€29,544
Equity and liabilities
- Trade debts +€28,391
up €28,391 (+29.1%), from €97,398 to €125,789
- Other debts +€23,532
up €23,532 (+35.7%), from €65,835 to €89,367
- Tax, wage and social debts +€21,919
up €21,919 (+54.1%), from €40,479 to €62,398
of which Taxes: +€20,952
Income statement
- Gross operating margin +€45,462
up €45,462 (+14.6%), from €311,924 to €357,386
- Staff costs +€44,589
up €44,589 (+17.7%), from €251,377 to €295,966
From the 2023 result to the 2024 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 2023
€23,263
Gross operating margin
+€45,462
Staff costs
-€44,589
Depreciation
-€2,348
Provisions
-€2,000
Other operating charges
-€313
Financial income
-€378
Financial charges
-€2,888
Taxes
-€2,533
Result 2024
€13,678
raises the resultlowers the result
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€61,565
Investment
-€52,099
Financing
-€14,996
Cash 2023
€5,529
From operations (derived)
+€61,565
Net result for the year
+€13,678
Depreciation
+€20,911
Stocks and contracts
-€449
Receivables within one year
-€58,007
Deferred charges and accrued income
+€1,625
Provisions
+€2,000
Trade debts
+€28,391
Tax, wage and social debts
+€21,919
Other debts
+€23,532
Accrued charges and deferred income
+€7,965
Investment (derived)
-€52,099
Investment in fixed assets (net)
-€52,099
Financing
-€14,996
Current portion of long-term debt
-€2,970
Short-term financial debts
+€6,156
Contributions, distributions and other
-€18,182
Cash 2024
€0
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,335,966 | €1,418,455 | +€82,489 | +6.2% |
| Fixed assets | 21/28 | €211,153 | €242,341 | +€31,188 | +14.8% |
| Tangible fixed assets | 22/27 | €209,208 | €240,396 | +€31,188 | +14.9% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | - | €1,644 | +€1,644 | |
| Leasing and similar rights | 25 | €209,208 | €238,752 | +€29,544 | +14.1% |
| Financial fixed assets | 28 | €1,945 | €1,945 | = | 0.0% |
| Current assets | 29/58 | €1,124,813 | €1,176,114 | +€51,301 | +4.6% |
| Stocks and contracts in progress | 3 | €4,401 | €4,850 | +€449 | +10.2% |
| Stocks | 30/36 | €4,401 | €4,850 | +€449 | +10.2% |
| Amounts receivable within one year | 40/41 | €1,108,996 | €1,167,003 | +€58,007 | +5.2% |
| Trade receivables | 40 | €642,087 | €701,109 | +€59,022 | +9.2% |
| Other amounts receivable | 41 | €466,909 | €465,894 | -€1,015 | -0.2% |
| Cash at bank and in hand | 54/58 | €5,529 | - | -€5,529 | |
| Deferred charges and accrued income | 490/1 | €5,887 | €4,261 | -€1,625 | -27.6% |
| Total equity and liabilities | 10/49 | €1,335,966 | €1,418,455 | +€82,489 | +6.2% |
| Equity | 10/15 | €1,076,249 | €1,071,745 | -€4,504 | -0.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €45,382 | €40,878 | -€4,504 | -9.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €21,000 | €21,000 | = | 0.0% |
| Distributable reserves | 133 | €18,182 | €13,678 | -€4,504 | -24.8% |
| Profit (loss) carried forward | 14 | €968,867 | €968,867 | = | 0.0% |
| Provisions and deferred taxes | 16 | €53,000 | €55,000 | +€2,000 | +3.8% |
| Provisions for liabilities and charges | 160/5 | €53,000 | €55,000 | +€2,000 | +3.8% |
| Other liabilities and charges | 164/5 | €53,000 | €55,000 | +€2,000 | +3.8% |
| Amounts payable | 17/49 | €206,717 | €291,710 | +€84,994 | +41.1% |
| Amounts payable after more than one year | 17 | - | €0 | = | |
| Financial debts | 170/4 | - | €0 | = | |
| Amounts payable within one year | 42/48 | €206,682 | €283,710 | +€77,028 | +37.3% |
| Current portion of amounts payable after more than one year | 42 | €2,970 | €0 | -€2,970 | -100% |
| Financial debts | 43 | - | €6,156 | +€6,156 | |
| Credit institutions | 430/8 | - | €6,156 | +€6,156 | |
| Trade debts | 44 | €97,398 | €125,789 | +€28,391 | +29.1% |
| Suppliers | 440/4 | €97,398 | €125,789 | +€28,391 | +29.1% |
| Taxes, remuneration and social security | 45 | €40,479 | €62,398 | +€21,919 | +54.1% |
| Taxes | 450/3 | €18,494 | €39,446 | +€20,952 | +113% |
| Remuneration and social security | 454/9 | €21,985 | €22,952 | +€967 | +4.4% |
| Other amounts payable | 47/48 | €65,835 | €89,367 | +€23,532 | +35.7% |
| Accrued charges and deferred income | 492/3 | €35 | €8,000 | +€7,965 | +22,941% |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €251,377 | €295,966 | +€44,589 | +17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,563 | €20,911 | +€2,348 | +12.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €2,000 | +€2,000 | |
| Other operating charges | 640/8 | €11,204 | €11,517 | +€313 | +2.8% |
| Gross operating margin | 9900 | €311,924 | €357,386 | +€45,462 | +14.6% |
| Operating profit (loss) | 9901 | €30,780 | €26,992 | -€3,788 | -12.3% |
| Financial income | 75/76B | €600 | €222 | -€378 | -62.9% |
| Recurring financial income | 75 | €600 | €222 | -€378 | -62.9% |
| Financial charges | 65/66B | €2,685 | €5,573 | +€2,888 | +108% |
| Recurring financial charges | 65 | €2,685 | €5,573 | +€2,888 | +108% |
| Profit (loss) for the period before taxes | 9903 | €28,695 | €21,642 | -€7,053 | -24.6% |
| Income taxes | 67/77 | €5,432 | €7,964 | +€2,533 | +46.6% |
| Profit (loss) for the period | 9904 | €23,263 | €13,678 | -€9,586 | -41.2% |
| Profit (loss) for the period to be appropriated | 9905 | €23,263 | €13,678 | -€9,586 | -41.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.