Pepi's Tire Noodle
The computed 12-month bankruptcy probability of Pepi's Tire Noodle is 2.8% (moderate). The 2024 annual accounts show equity of €277k and a net result of €-193k. Its solvency ranks better than 74% of 36 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €277k |
| Net result | €-193k |
| Staff (FTE) | 0.4 |
| Better than sector | 74% |
Mixed profile: strong on solvency, weaker on profitability.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 51.8% | 25.7% | |
| Net result | €-193k | €287 | |
| Equity | €277k | €43k | |
| Gross operating margin | €-78k | €1k | |
| Total assets | €533k | €170k |
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | €-106k |
| Net profit | €-193k |
| Cash flow | €-114k |
| Staff costs | €27k |
| Income taxes | - |
| Dividends | - |
| Total assets | €533k |
| Equity | €277k |
| Debt | €257k |
| of which ≤ 1y | €49k |
| of which > 1y | €200k |
| Working capital | €130k |
| Employees (FTE) | 0.4 |
| 2024 | |
|---|---|
| Current ratio | 3.66 |
| Quick ratio | 0.92 |
| Working capital ratio | 24.4% |
| Solvency | 51.8% |
| Debt / equity | 0.93 |
| Long-term debt ratio | 0.72 |
| Interest coverage | -12.54 |
| Gross margin | - |
| Net margin | - |
| ROA | -36.3% |
| ROE | -70.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (25 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €533k |
| Fixed assets | 21/28 | €350k |
| Formation expenses | 20 | €4k |
| Intangible fixed assets | 21 | €244k |
| Tangible fixed assets | 22/27 | €106k |
| Financial fixed assets | 28 | €62 |
| Current assets | 29/58 | €179k |
| Stocks & contracts in progress | 3 | €134k |
| Amounts receivable within one year | 40/41 | €25k |
| Cash & bank | 54/58 | €19k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €533k |
| Equity | 10/15 | €277k |
| Contributions / capital | 10/11 | €470k |
| Accumulated profits (losses) | 14 | €-193k |
| Amounts payable | 17/49 | €257k |
| Amounts payable after one year | 17 | €200k |
| Amounts payable within one year | 42/48 | €49k |
| Trade debts payable within one year | 44 | €11k |
| Income statement | ||
| Gross operating margin | 9900 | €-78k |
| Operating result | 9901 | €-185k |
| Financial income | 75 | €197 |
| Financial charges | 65 | €8k |
| Result before taxes | 9903 | €-193k |
| Net result for the period | 9904 | €-193k |
| Result to be appropriated | 9905 | €-193k |
-
GERLIXLimited partnershipDirector· perm. rep.: GERLACH PhilippState Gazette act 26009262 (20-01-2026)Current20-01-2026 → present
-
Current16-07-2025 → present
2 events
- 30-10-2025 Appointed· Daily management
- 16-07-2025 Appointed· Managing director
-
Current16-07-2025 → present
2 events
- 30-10-2025 Appointed· Director
- 16-07-2025 Appointed· Director
Former directors (2)
-
Former- → 20-01-2026
-
Former- → 30-10-2025
2 events
- 30-10-2025 Resigned· Daily management
- 16-07-2025 Resigned· Managing director
| NACE primary | Vervaardiging van fietsen en invalidenwagens(30920) |
| Legal form | Public limited company(014) |
| Incorporation | 06-07-2023 |
| Status | Active |
| Postal code | 4700 |
Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63023B0014/00G002 | Wallonia | 1.2 ha | 1 · 6,027 m² | 12.1 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
20-01-2026 Capital increase of €275,000 to €770,000
- €495.000 → €770.000
- 3 kapitaalbewegingen in deze akte
Technical details
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"amount_type": "kapitaal_effectief",
"effective_date": "2025-12-16",
"evidence_quote": "L\u0027assembl\u00E9e d\u00E9cide d\u0027augmenter le capital pour le porter de 470.000 \u20AC \u00E0 495.000 \u20AC par un apport en num\u00E9raire d\u0027un montant de 25.000 \u20AC",
"contribution_type": "cash"
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{
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"contribution_type": "in_kind"
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"effective_date": "2025-12-16",
"evidence_quote": "L\u0027assembl\u00E9e d\u00E9cide en outre de r\u00E9duire le capital afin d\u0027apurer une perte subie... pour ramener le capital de 770.000 \u20AC \u00E0 580.000 \u20AC... La r\u00E9duction du capital s\u0027\u00E9l\u00E8ve ainsi \u00E0 190.000 \u20AC.",
"contribution_type": "cash"
}
],
"schema": "v3.2",
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},
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}
}30-10-2025 2 directors appointed, 1 resigning
- Philipp Gerlach, Bestuurder
- Bruno Michel, Dagelijks bestuur
- Mario Willems, Dagelijks bestuur
Technical details
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{
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"evidence_quote": "Nomination de Bruno Michel en tant qu\u0027administrateur d\u00E9l\u00E9gu\u00E9."
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],
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}
}16-07-2025 2 directors appointed, 1 resigning
- Philipp Gerlach, Bestuurder
- Bruno Michel, Gedelegeerd bestuurder
- Mario Willems, Gedelegeerd bestuurder
Technical details
{
"events": [
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"kind": "director_out",
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},
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},
{
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},
{
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"role": "gedelegeerd_bestuurder",
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"rrn": null,
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},
"evidence_quote": "Nomination de Bruno Michel en tant qu\u0027administrateur d\u00E9l\u00E9gu\u00E9."
}
],
"schema": "v3.2",
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"subject_company": {
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"legal_form": "SA"
}
}17-07-2023 Capital increase of €350,000 to €470,000
- €120.000 → €470.000
Technical details
{
"events": [
{
"kind": "capital_increase",
"amount": 350000,
"currency": "EUR",
"after_eur": 470000,
"delta_eur": 350000,
"before_eur": 120000,
"amount_type": "kapitaal_effectief",
"effective_date": "2023-07-10",
"evidence_quote": "L\u2019assembl\u00E9e d\u00E9cide d\u2019augmenter le capital pour le porter de 120.000 \u20AC \u00E0 470.000 \u20AC par apport en num\u00E9raire d\u2019un montant de 350.000 \u20AC",
"contribution_type": "cash"
}
],
"schema": "v3.2",
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"subject_company": {
"kbo": "0803.687.857",
"name_full": "PEPI\u0027S TIRE NOODLE, EN ABREGE : PTN",
"legal_form": "SA"
}
}10-07-2023 Incorporation of a new SNC
Technical details
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"address": "4840 Welkenraedt, Rue JF Kennedy 3"
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{
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"name": "Josef Peter INNERHOFER",
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"address": "Cermes (Italie), via Monte Leone 4"
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{
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"name": "Karmen TAMMERLE",
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{
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"person": {
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"name": "Ren\u00E9 MICHEL",
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"address": "4950 Waimes, rue Haies de la Croix 6"
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{
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],
"capital_eur": 120000,
"subject_company": {
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"name_full": "Pepi\u0027s Tire Noodle",
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},
"initial_directors": [],
"incorporation_date": "2023-06-29",
"post_incorporation_mandates": []
}| Legal nameFR | Pepi's Tire Noodle |
| AbbreviationFR | PTN |