Pilatus Five
The computed 12-month bankruptcy probability of Pilatus Five is 2.0% (moderate). The 2024 annual accounts show negative equity (€-11k) and a net result of €-292k. Equity is shrinking by ~25.5% per year across the filed fiscal years. Its solvency ranks better than 20% of 80 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-11k |
| Net result | €-292k |
| Better than sector | 20% |
| Active | 7 yrs |
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -0.3% | 16.0% | |
| Net result | €-292k | €3k | |
| Equity | €-11k | €156k | |
| Gross operating margin | €27k | €34k | |
| Total assets | €3.25M | €840k |
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | €26k |
| Net profit | €-292k |
| Cash flow | €-74k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €3.25M |
| Equity | €-11k |
| Debt | €3.26M |
| of which ≤ 1y | €1.38M |
| of which > 1y | €1.89M |
| Working capital | €-1.16M |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.16 |
| Quick ratio | 0.16 |
| Working capital ratio | -35.5% |
| Solvency | -0.3% |
| Debt / equity | -308.71 |
| Long-term debt ratio | -178.30 |
| Interest coverage | 0.26 |
| Gross margin | - |
| Net margin | - |
| ROA | -9.0% |
| ROE | 2757.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €3.25M |
| Fixed assets | 21/28 | €3.03M |
| Tangible fixed assets | 22/27 | €3.03M |
| Current assets | 29/58 | €222k |
| Amounts receivable within one year | 40/41 | €221k |
| Cash & bank | 54/58 | €414 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €3.25M |
| Equity | 10/15 | €-11k |
| Contributions / capital | 10/11 | €1.25M |
| Accumulated profits (losses) | 14 | €-1.26M |
| Amounts payable | 17/49 | €3.26M |
| Amounts payable after one year | 17 | €1.89M |
| Amounts payable within one year | 42/48 | €1.38M |
| Trade debts payable within one year | 44 | €34k |
| Income statement | ||
| Gross operating margin | 9900 | €27k |
| Operating result | 9901 | €-192k |
| Financial charges | 65 | €99k |
| Result before taxes | 9903 | €-292k |
| Net result for the period | 9904 | €-292k |
| Result to be appropriated | 9905 | €-292k |
-
Jos ClaeysDirectorState Gazette act 23040282 (23-03-2023)Current23-03-2023 → present
Former directors (1)
-
Thibauit ElziereDirectorState Gazette act 23040282 (23-03-2023)Former- → 23-03-2023
| NACE primary | Verhuur en lease van luchtvaartuigen(77350) |
| Legal form | Public limited company(014) |
| Incorporation | 03-12-2018 |
| Status | Active |
| Postal code | 6040 |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
23-03-2023 1 director appointed, 1 resigning
- Jos Claeys, Bestuurder
- Thibauit Elziere, Bestuurder
Technical details
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"decisions": [
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],
"is_correction": false,
"subject_company": {
"kbo": "0714.992.344",
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | Pilatus Five |