Active BE 0772.674.383Public limited company

Pilatus Six

Rue des Fusillés 21 ·6040 Charleroi, Belgium· 4 yrs active

Sector: Verhuur en lease van luchtvaartuigen (77350)

Conclusion Checked

The computed 12-month bankruptcy probability of Pilatus Six is 2.0% (moderate). The 2024 annual accounts show equity of €226k and a net result of €-351k. Equity is shrinking by ~63% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 35% of 80 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.

Key figures

Equity	€226k
Net result	€-351k
Better than sector	35%
Active	4 yrs

Snowflake analysis 5 of 5 axes measured · computed by Checked

28 / 100

Fragile profile, watch profitability in particular.

All 5 axes are computed from data Checked has read.

Health 10

Profitability 0

Solvency 4

Growth 32

Stability 94

Bankruptcy probability (12 mo) Checked model v1 · free

2.0% Moderate

0%0,5%1,5%4%10%≥25%

Young company +Higher-failure-rate sector +Lower-risk legal form −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

More than 3 years active

Founded in 2021, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2024 · computed

10 / 100 Critical

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview3 NBB filings

Annual accounts filed on 30-06-2025 with the NBB · fiscal year 2024 · volledig

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

declining At this pace, equity would indicatively turn negative around fiscal year 2025, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

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).

Sector comparison

Fiscal year 2024 · NACE 77, Renting & leasing · compared within the same schema type (full schema)

Metric	This company	Sector median	Position in the sector
Solvency	5.7%	16.0%	better than 35% of 80 sector peers
Net result	€-351k	€3k	better than 8% of 80 sector peers
Equity	€226k	€156k	better than 57% of 80 sector peers
Gross operating margin	€14k	€34k	better than 37% of 64 sector peers
Total assets	€3.94M	€840k	better than 80% of 80 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€13k

- 22-24

Net profit

€-351k

+6.5% 22-24

Cash flow

€-113k

+17.7% 22-24

Total assets

€3.94M

-5.8% 22-24

Equity

€226k

-60.9% 22-24

Working capital

€-1.62M

-14.3% 22-24

Debt

€3.72M

+3.0% 22-24

Debt ≤ 1y

€1.62M

+13.9% 22-24

Debt > 1y

€2.10M

-4.0% 22-24

Current ratio

0.00

-86.3% 22-24

Quick ratio

0.00

-86.3% 22-24

Solvency

5.7%

-58.5% 22-24

Debt / equity

16.49

+163.1% 22-24

ROE

-155.5%

-138.8% 22-24

ROA

-8.9%

+0.8% 22-24

Interest coverage

0.10

- 22-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	volledig
Revenue	-
EBITDA	€13k
Net profit	€-351k
Cash flow	€-113k
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€3.94M
Equity	€226k
Debt	€3.72M
of which ≤ 1y	€1.62M
of which > 1y	€2.10M
Working capital	€-1.62M
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	0.00
Quick ratio	0.00
Working capital ratio	-41.0%
Solvency	5.7%
Debt / equity	16.49
Long-term debt ratio	9.31
Interest coverage	0.10
Gross margin	-
Net margin	-
ROA	-8.9%
ROE	-155.5%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €3.94M · 100.0% Current assets €906 · 0.0%

Equity & liabilities

Equity €226k · 5.7% Debt €3.72M · 94.3%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€3.94M
Fixed assets	21/28	€3.94M
Tangible fixed assets	22/27	€3.94M
Current assets	29/58	€906
Amounts receivable within one year	40/41	€32
Cash & bank	54/58	€874
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€3.94M
Equity	10/15	€226k
Contributions / capital	10/11	€1.25M
Accumulated profits (losses)	14	€-1.02M
Amounts payable	17/49	€3.72M
Amounts payable after one year	17	€2.10M
Amounts payable within one year	42/48	€1.62M
Trade debts payable within one year	44	€255k
Income statement
Gross operating margin	9900	€14k
Operating result	9901	€-225k
Financial charges	65	€126k
Result before taxes	9903	€-351k
Net result for the period	9904	€-351k
Result to be appropriated	9905	€-351k

You are seeing the latest fiscal year only. 2 prior years (figures + ratios) are in a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates 1 directors

Former directors (1)

Serge Barvaux
Director
State Gazette act 25005242 (10-01-2025)

Former
- → 10-01-2025

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Legal Structure

NACE primary	Verhuur en lease van luchtvaartuigen(77350)
Legal form	Public limited company(014)
Incorporation	19-08-2021
Status	Active
Postal code	6040

Establishment units 1 location

Pilatus Six

Rue des Fusillés 21, 6040 CharleroiReparatie en onderhoud van andere apparatuur

since 20212.320.620.674

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Updates 4 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

30-06-2025

NBB filing Annual accounts filed

fiscal year 2024 · volledig

10-01-2025

State Gazette act Director changes

2024

18-07-2024

NBB filing Annual accounts filed

fiscal year 2023 · volledig

2023

17-07-2023

NBB filing Annual accounts filed

fiscal year 2022 · volledig

Belgisch Staatsblad, acts 1 acts

All acts · 1 updated 1 year ago

2025

10-01-2025 Serge Barvaux resigns as director Director changes

Serge Barvaux, Bestuurder

Original publication ↗

Technical details

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  },
  "act_meta": {
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    "act_kind_objet": "D\u00E9mission d\u0027administrateur"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2024-06-27",
      "unanimous": true
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0772.674.383",
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Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Verhuur en lease van luchtvaartuigen77350Verhuur en lease van luchtvaartuigen77350Personenvervoer door de lucht51100Personenvervoer door de lucht51100

Primary activity highlighted.

Names & trade names

Legal nameFR	Pilatus Six
AbbreviationFR	Pilatus 6

Registered office

Rue des Fusillés 21 bus build. S13

6040 Charleroi, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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