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Aero - Kiewit

Active Risk: very low
Non-profit associationfounded 196957 yrs activeLuchtvaartstraat 100, 3500 Hasselt, BelgiumKBO/BCE: BE 0408.024.560
Summary

Aero - Kiewit has been active since 1969 and the Belgian State Gazette contains no insolvency or warning signals. The 2015 annual accounts show equity of €258k and a net result of €-11k. Equity is growing by ~4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

No current score
Figures too old
The available figures for FY 2015 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2015 · tick = 2014
Profitability33▼-23
Solvency65▼-19
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2015
Solvency, return and age of the figures
Solvency
39.7%
Return on assets
-1.6%
Age of the figures
129 mo
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 57 years 0 60 y
neutral · No filing for years
The last filed financial year closed on 31-12-2015. Since then, 10 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 5 filings
Position against the passed deadline
31-12-2016 close31-07-2017 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2015 was due by 31-07-2016 and was filed on 25-07-2016, 6 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2015, abbreviated schema

Equity
€258k▼ 3.9%
2014 · €269k
2012: €234k 2013: €235k 2014: €269k
2012 → 2015
Total assets
€650k▲ 42.8%
2014 · €455k
2012: €340k 2013: €515k 2014: €455k
2012 → 2015
Net result
€-11k
2014 · €34k
2012: €-35k 2013: €730 2014: €34k
2012 → 2015
Working capital
€-95k
2014 · €24k
2012: €-42k 2013: €28k 2014: €24k
2012 → 2015
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2012201320142015Trend
Equity€234k-€235k▲ 0.3%€269k▲ 14.3%€258k▼ 3.9%
Operating result€-35k-€7k€26k▲ 271%€5k▼ 79.6%
Net result€-35k-€730€34k▲ 4,491%€-11k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-40k€-20k€0€20k€40kOperating result 2012: €-35k€-35kNet result 2012: €-35k€-35kOperating result 2013: €7k€7kNet result 2013: €730€730Operating result 2014: €26k€26kNet result 2014: €34k€34kOperating result 2015: €5k€5kNet result 2015: €-11k€-11k2012201320142015€-20k€0€20k€40kOperating result 2013: €7k€7.1kNet result 2013: €730€730Operating result 2014: €26k€26kNet result 2014: €34k€34kOperating result 2015: €5k€5.4kNet result 2015: €-11k€-11k201320142015
The operating result falls in 2015; 2015 is 80% below 2014.
Balance-sheet composition
2015 in colour, 2014 as the grey bar beneath
Assets €650k
Fixed assets €585k ▲ 72.4%
Current assets €65k ▼ 43.8%
Equity and liabilities €650k
Equity €258k ▼ 3.9%
Debt €392k ▲ 110%
Debt's share of the balance-sheet total rises from 41.0% to 60.3%. Equity is lower and debt is higher.
Key figures and ratios
2015 value · change against 2014
EBITDA
€84k
2014 · €83k
Cash flow
€68k
2014 · €90k
Current ratio
0.41
2014 · 1.26
Quick ratio
0.14
2014 · 1.06
Debt to equity
0.82
2014 · 0.31
ROE
-4.1%
2014 · 12.5%
ROA
-1.6%
2014 · 7.4%
Debt ≤ 1 year
€160k
2014 · €92k
Debt > 1 year
€211k
2014 · €84k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2015 against 2014 · 23 lines
Balance sheet Code20142015
Assets
Total assets20/58€455k€650k
Fixed assets21/28€339k€585k
Tangible fixed assets22/27€309k€585k
Financial fixed assets28€30k-
Current assets29/58€116k€65k
Stocks and contracts in progress3€18k€43k
Amounts receivable within one year40/41€3k€12k
Cash at bank and in hand54/58€89k€5k
Equity and liabilities
Total equity and liabilities10/49€455k€650k
Equity10/15€269k€258k
Profit (loss) carried forward14€-825€-11k
Amounts payable17/49€187k€392k
Amounts payable after more than one year17€84k€211k
Amounts payable within one year42/48€92k€160k
Trade debts44€90€5k
Income statement Code20142015
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€56k€79k
Gross operating margin9900€86k€92k
Operating profit (loss)9901€26k€5k
Recurring financial income75€201€96
Recurring financial charges65€5k€9k
Profit (loss) for the period before taxes9903€22k€-3k
Profit (loss) for the period9904€34k€-11k
Profit (loss) for the period to be appropriated9905€34k€-11k

Download as CSV

Timeline · acts, filings and financial milestones

2016
25-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
05-08
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 5 days late
2014
31-12
Financial Highest result since 2012net €34k ▲4491%
Operating result €26k, net result €34k, both a record.
18-12
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 140 days late
2013
31-12
Financial Back to profitnet €730
Net result €730 after one loss-making year.
31-12
Financial Liquidity doublescurrent ratio 1.33
Current ratio from 0.57 to 1.33; short-term debt falls from €96k to €83k.
29-08
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema · 29 days late
2010
17-12
NBB filing Annual accounts filed
fiscal year 2009 · abbreviated schema · 139 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
10 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Hasselt
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Luchtvaartstraat 1003500 Hasselt
Ground area
2.6 ha
Building footprint
334 m²
Volume, LiDAR
1,138 m³
Parcel 71322A0014/00A003, Flanders · tallest building 4.2 m, ±1 floor. Linked by address, not a title deed.
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71322A0014/00A003 Flanders 2.6 ha 1 · 334 m² 4.2 m · 1 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Company data · Crossroads Bank

Identification
Legal formNon-profit association
Founded27-02-1969
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry
E-mail:bestuur@aero-kiewit.be
Enterprise