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Pilates is a good way to exercise and burn belly fat, but you need to eat a diet that is optimal for your body as well, usually somewhere between 1,500 and 2,000 calories per day. Focus on fresh fruits and vegetables, lean protein sources, healthy fats, low-fat dairy and whole grains for best results.
Both cardio and weight training will help you lose fat. But remember diet is 90% success. Now this being said, weight training does have the edge in helping you lose belly fat in the long term. Due to hormone, metabolic increase, and after burn effect. But you should still perform cardio for heart health.