Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 16 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
Pilatus Five from Charleroi, company number BE0714992344, closed financial year 2024 with a result of € -291,625 after tax. For that financial year Pilatus Five recorded a gross margin of € 26,652 and equity of € -10,576. Compared with financial year 2023, the result moved from € -342,026 to € -291,625. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 5, 2025.
€ -10,576
▼ € 291,625 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -291,625
▲ 15 % less loss than in 2023
Profit after tax over the fiscal year.
€ 414
▲ 85% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.3 million.
Debts at end 2024
€ 3.2 million
▼ 2% vs 2023
€ 88,617 is repaid this year. At this pace the long-term loan is gone in ≈ 22 years.
€ 34,432
Supplier invoices still open on the last day of the fiscal year.
€ 5,246
▼ 3% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 198,541 | € 93,777 | € -45,958 | € 26,652 | ▲ € 72,610 |
| Profit after taxes | € -70,453 | € -182,074 | € -342,026 | € -291,625 | ▲ € 50,401 |
| Equity | € 805,149 | € 623,075 | € 281,049 | € -10,576 | ▼ € 291,625 |
| Total debts | € 3,349,378 | € 3,396,857 | € 3,296,252 | € 3,264,894 | ▼ 1% |
| Cash | € 51,960 | € 4,047 | € 223 | € 414 | ▲ 85% |
| Retained profit | € -444,851 | € -626,925 | € -968,951 | € -1,260,576 | ▼ € 291,625 |
| Bank debt | € 3,300,768 | € 3,365,235 | € 3,289,856 | € 3,224,322 | ▼ 2% |
| Balance sheet total | € 4,154,527 | € 4,019,933 | € 3,577,301 | € 3,254,318 | ▼ 9% |
Key figures of Pilatus Five, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Pilatus Five?
What happened at Pilatus Five in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jos Claeys stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 291,625. filed late Source: NBB ↗
- Cyril Janssens de la Boëssière-Thiennes stepped down as director. NBB
- Denis Petitfrère stepped down as director. NBB
- Jos Claeys became a director. NBB
- New establishment in Charleroi. KBO
- Denis Petitfrère became a director. NBB
- Cyril Janssens de la Boëssière-Thiennes became a director. NBB
In short
From € 70,453 loss in 2021 to € 291,625 loss in 2024.
Management
The stake of EUROPEAN AIRCRAFT PRIVATE CLUB comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Pilatus FiveThe shares are held by EUROPEAN AIRCRAFT PRIVATE CLUB (28%).
Directors
According to the 2024 annual accounts
Denis Petitfrère
Managing director
Also active at: PILATUS ONE, PILATUS TWO, Pilatus Twenty One, PILATUS TWENTY TWO, Pilatus Six, Pilatus Seven, Pilatus Eight, X-TRA ONE
since 2018 · until 2025
Cyril Janssens de la Boëssière-Thiennes
Director
since 2018 · until 2025
Jos Claeys
Director
since 2022 · until 2028
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue des Fusillés 21
6040 Charleroi
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →BRUSSELS SOUTH CHARLEROI AIRPORT
€ 139.2 million revenue · 2025
Pilatus Three
€ 33,702 gross margin · 2024
PILATUS FOUR
€ 28,484 gross margin · 2024
Pilatus Twenty One same network
€ -20,747 gross margin · 2024
PILATUS TWENTY TWO same network
€ 71,634 gross margin · 2024
+5 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0714.992.344
- VAT number
- BE 0714.992.344
- Registered office
- Rue des Fusillés 21, 6040 Charleroi
- Names & denominations
- Pilatus Five
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 December 2018
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Verhuur en lease van luchtvaartuigen
Activiteiten van overige sportclubs
Overige vormen van onderwijs
Personenvervoer door de lucht
Diensten in verband met de luchtvaart