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Pilatus Three

Active
Public limited companyfounded 201610 yrs activeRue des Fusillés 21, 6040 Charleroi, BelgiumKBO/BCE: BE 0655.780.772
Summary

The annual accounts of Pilatus Three for fiscal year 2024 show a net loss of 70% of the equity at the start of that year. The 2024 annual accounts show equity of €109,743 and a net result of -€260,404. Equity is shrinking by ~16.4% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 17% of 526 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.9% (low).

Risk analysisWatch ReportCompare
Pilatus ThreeActiveChecked score 37/100
Risk analysis ReportCompare

Overview

What they do
Rental and leasing activities
NACE 77350
1 site
How big
€2.6mtotal assets 2024
Equity
€109,743
Loss
-€260,404
Financially healthy?
37 Weak Checked score 2024
Bankruptcy chance 12 m
0.9%
Who decides
Largest shareholder
EUROPEAN AIRCRAFT PRIVATE CLUB · 28%
Accounts 63 d overdue0 of 1 deed read
Why 37- Higher-failure-rate sector- Annual accounts: weaker financial profile- Higher-failure-rate region- Persistent losses- Weak solvency vs sector+ Lower-risk legal formLatest accounts filed on timeShow the evidence

Checked score

Score 2024
37 / 100
Weak
Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability10▲+4
Solvency29▼-8
Growth32=
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.16 against 0.33 in 2023; short-term debt: 45.7% and cash: 0% of total assets), and 95.8% of the assets are financed with debt.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Rental and leasing activities (NACE 77)
about 44% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 2024
Solvency, return and age of the figures
Solvency
4.2%
Return on assets
-9.9%
Age of the figures
21 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
18192021222324
2018 to 2024 · latest year -€260,404
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 526 sector peers (2024).
NBB · sector comparison
Position among 526 sector peers
Solvency
better than 17%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
not confirmed
2024
31 d early
2023
13 d early
2022
14 d early
2021
29 d late
2020
89 d late
2019
104 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 27 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

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
  1. Annual accounts filedfiscal year 2024 · full…
  2. Annual accounts filedfiscal year 2023 · full…
  3. Weakest financial yearnet -€313,304

Key points

  • Risk: 7 loss-making years in a rowloss fiscal year 2024 -€260,404 View
  • Caution: Equity fell in 2024from €370,148 to €109,743 ▼ 70.4% View
  • Caution: Among the weakest 9% on net resultsector median €41,130 · 527 companies -€260,404 View
  • Caution: Accounts not fileddeadline was 31-07-2026 63 d late View

By topic

Financials

Fiscal year
2024
Total assets
€2.6m
Loss
-€260,404
Solvency
4.2%
Total assets▼ 12.9%
Net result
20182024
Go to Financials

Timeline

Events
9
Since
2018
  1. 30-06-2025Annual accounts filed
  2. 18-07-2024Annual accounts filed
  3. 31-12-2023Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Rental and leasing activitiesNACE 77350
Founded
31-05-2016
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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