Aero - Kiewit: 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.
Aero - Kiewit
Largest movements
- Tangible fixed assets +€275,962
up €275,962 (+89.3%), from €308,961 to €584,923
- Current assets -€50,911
down €50,911 (-43.8%), from €116,192 to €65,280
of which Cash: -€83,807
- Financial fixed assets -€30,250
no longer reported in 2015 (was €30,250)
- Debts +€205,311
up €205,311 (+110.0%), from €186,725 to €392,036
of which Debts after one year: +€126,626
- Equity -€10,511
down €10,511 (-3.9%), from €268,677 to €258,167
- Depreciation +€22,519
up €22,519 (+39.9%), from €56,416 to €78,935
- Gross operating margin +€6,209
up €6,209 (+7.3%), from €85,617 to €91,826
From the 2014 result to the 2015 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.
Cash bridge derived
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
| Line | Code | 2014 | 2015 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €455,402 | €650,203 | +€194,800 | +42.8% |
| Fixed assets | 21/28 | €339,211 | €584,923 | +€245,712 | +72.4% |
| Tangible fixed assets | 22/27 | €308,961 | €584,923 | +€275,962 | +89.3% |
| Financial fixed assets | 28 | €30,250 | - | -€30,250 | |
| Current assets | 29/58 | €116,192 | €65,280 | -€50,911 | -43.8% |
| Stocks and contracts in progress | 3 | €17,970 | €42,851 | +€24,881 | +138.5% |
| Amounts receivable within one year | 40/41 | €3,338 | €11,600 | +€8,262 | +247.5% |
| Cash at bank and in hand | 54/58 | €88,515 | €4,708 | -€83,807 | -94.7% |
| Total equity and liabilities | 10/49 | €455,402 | €650,203 | +€194,800 | +42.8% |
| Equity | 10/15 | €268,677 | €258,167 | -€10,511 | -3.9% |
| Profit (loss) carried forward | 14 | -€825 | -€11,335 | -€10,511 | -1274.7% |
| Amounts payable | 17/49 | €186,725 | €392,036 | +€205,311 | +110.0% |
| Amounts payable after more than one year | 17 | €84,074 | €210,700 | +€126,626 | +150.6% |
| Amounts payable within one year | 42/48 | €92,241 | €160,271 | +€68,030 | +73.8% |
| Trade debts | 44 | €90 | €4,772 | +€4,682 | +5193.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,416 | €78,935 | +€22,519 | +39.9% |
| Gross operating margin | 9900 | €85,617 | €91,826 | +€6,209 | +7.3% |
| Operating profit (loss) | 9901 | €26,436 | €5,391 | -€21,045 | -79.6% |
| Recurring financial income | 75 | €201 | €96 | -€105 | -52.2% |
| Recurring financial charges | 65 | €4,546 | €8,885 | +€4,339 | +95.4% |
| Profit (loss) for the period before taxes | 9903 | €22,091 | -€3,398 | -€25,490 | |
| Profit (loss) for the period | 9904 | €33,516 | -€10,511 | -€44,027 | |
| Profit (loss) for the period to be appropriated | 9905 | €33,516 | -€10,511 | -€44,027 |
Source: filed annual accounts (NBB), financial years ended 31 December 2014 and 31 December 2015. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.