Financials
Financial year 2025
Grizzly4 from Sint-Katelijne-Waver, company number BE0729691408, closed financial year 2025 with a result of € -48,813 after tax. For that financial year Grizzly4 recorded a gross margin of € 302,693 and equity of € 24,295. Compared with financial year 2024, the result moved from € 147,135 to € -48,813. The company made a loss. The buffer shrank hard: equity is 70 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 12, 2026.
€ 24,295
▼ 70% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -48,813
▼ still € 147,135 profit in 2024
Profit after tax over the fiscal year.
€ 129,851
▲ 109% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 19,295.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 5,644
▼ 52% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 27,570
▲ 3% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,417 | € 3,952 | € 241,636 | € 302,693 | ▲ 25% |
| Profit after taxes | € -1,732 | € -44,325 | € 147,135 | € -48,813 | ▼ € 195,948 |
| Equity | € 9,583 | € -34,741 | € 80,908 | € 24,295 | ▼ 70% |
| Total debts | € 20,150 | € 1,355,953 | € 1,788,531 | € 351,844 | ▼ 80% |
| Cash | € 23,594 | € 30,751 | € 62,005 | € 129,851 | ▲ 109% |
| Land & buildings | - | € 1,275,186 | € 791,017 | - | |
| Retained profit | € 4,583 | € -39,741 | € 75,908 | € 19,295 | ▼ 75% |
| Dividend | € 0 | € 0 | € 0 | € 7,800 | |
| Bank debt | € 0 | € 0 | € 400,000 | € 0 | ▼ 100% |
| Balance sheet total | € 29,733 | € 1,321,211 | € 1,869,439 | € 376,139 | ▼ 80% |
Key figures of Grizzly4, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Grizzly4?
What happened at Grizzly4 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 48,813 (▼ € 195,948 vs 2024). filed late Source: NBB ↗
- New establishment in Sint-Katelijne-Waver. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,732 loss in 2021 to € 48,813 loss in 2025.
Paid € 26,796 in corporate taxes since 2021.
Best year ever: 2024, with € 147,135 profit.
Paid out € 7,800 in dividends to the owners in total.
Management
Behind Grizzly4 are Pieter Verbruggen, Dirk Kennis and Lukas De Backer. Pieter Verbruggen is also behind De Makelaardij and Pieter Verbruggen BV. Dirk Kennis is also behind ALPADIS, Grizzly bv and ERIMAR.
Directors
According to the 2025 annual accounts
Lukas De Backer
Director
Establishments
Establishment units
Physical locations of this company
Stationsstraat 20
2860 Sint-Katelijne-Waver
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →ALPADIS same network
€ -3,445 gross margin · 2025
Grizzly bv same network
€ -6,647 gross margin · 2025
ERIMAR same network
€ -2,280 gross margin · 2025
S.A.M Bouw
€ 213,338 gross margin · 2025
SPORTS ADVICE & MANAGEMENT
€ 755,954 gross margin · 2025
+2 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
- 0729.691.408
- VAT number
- BE 0729.691.408
- Registered office
- Stationsstraat 20, 2860 Sint-Katelijne-Waver
- Names & denominations
- Grizzly4
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 July 2019
- Peppol
- Active · Active since 19 Sept 2025
- Activities · NACE
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