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Professional Peak Performance: what changed

Two fiscal 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

Professional Peak Performance

BE 0726.657.385
NACE 73.300, Public relations and communication consultancy
fiscal year 2019 against 2020filed annual accounts (NBB)
Net result for the year
€585
2019 · €6,071-€5,486
Equity
€9,156
2019 · €8,571+€585
Cash
€1,100
2019 · €10,634-€9,534
Balance sheet total
€13,389
2019 · €22,178-€8,790

Largest movements

2019 to 2020
Assets
  • Current assets -€8,790

    down €8,790 (-39.6%), from €22,178 to €13,389

    of which Cash: -€9,534

Equity and liabilities
  • Debts within one year -€9,375

    down €9,375 (-68.9%), from €13,607 to €4,232

  • Equity +€585

    up €585 (+6.8%), from €8,571 to €9,156

    of which Profit (loss) carried forward: +€585

Income statement
  • Gross operating margin -€7,756

    down €7,756 (-96.6%), from €8,033 to €277

  • Taxes -€1,410

    down €1,410 (-90.6%), from €1,556 to €146

From the 2019 result to the 2020 result

effect on the 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 2019 €6,071
Gross operating margin -€7,756
Other operating items +€356
Financial income +€623
Financial charges -€120
Taxes +€1,410
Result 2020 €585

Cash bridge derived

cash 2019 to 2020

Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.

Every line side by side 19 lines
Line Code 2019 2020 Change %
Total assets 20/58 €22,178 €13,389 -€8,790 -39.6%
Current assets 29/58 €22,178 €13,389 -€8,790 -39.6%
Amounts receivable within one year 40/41 €11,538 €12,269 +€731 +6.3%
Cash at bank and in hand 54/58 €10,634 €1,100 -€9,534 -89.7%
Total equity and liabilities 10/49 €22,178 €13,389 -€8,790 -39.6%
Equity 10/15 €8,571 €9,156 +€585 +6.8%
Contributions 10/11 €2,500 - -€2,500
Profit (loss) carried forward 14 €6,071 €6,656 +€585 +9.6%
Amounts payable 17/49 €13,607 €4,232 -€9,375 -68.9%
Amounts payable within one year 42/48 €13,607 €4,232 -€9,375 -68.9%
Trade debts 44 €12,051 €4,086 -€7,965 -66.1%
Gross operating margin 9900 €8,033 €277 -€7,756 -96.6%
Operating profit (loss) 9901 €7,676 €277 -€7,399 -96.4%
Recurring financial income 75 €5 €628 +€623 +11537.6%
Recurring financial charges 65 €54 €174 +€120 +220.3%
Profit (loss) for the period before taxes 9903 €7,627 €731 -€6,896 -90.4%
Income taxes 67/77 €1,556 €146 -€1,410 -90.6%
Profit (loss) for the period 9904 €6,071 €585 -€5,486 -90.4%
Profit (loss) for the period to be appropriated 9905 €6,071 €585 -€5,486 -90.4%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.