Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2024; threshold 65 %.
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Late annual account NBB
Fiscal year 2024 was filed 208 days after the legal deadline.
Financials
Financial year 2024
Grizzly4 from Sint-Katelijne-Waver, company number BE0729691408, closed financial year 2024 with a result of € 147,135 after tax. For that financial year Grizzly4 recorded a gross margin of € 241,636 and equity of € 80,908. Compared with financial year 2022, the result moved from € -44,325 to € 147,135. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 24, 2026.
€ 80,908
▲ € 115,649 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 147,135
▲ still € 44,325 loss in 2022
Profit after tax over the fiscal year.
€ 62,005
▲ 102% vs 2022
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 75,908.
Debts at end 2024
€ 400,000
Loans from banks and other lenders, long and short.
€ 11,721
▲ 97% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 26,809
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2024 | Change 2022 → 2024 | |
|---|---|---|---|---|
| Gross margin | € -1,417 | € 3,952 | € 241,636 | ▲ € 237,683 |
| Profit after taxes | € -1,732 | € -44,325 | € 147,135 | ▲ € 191,459 |
| Equity | € 9,583 | € -34,741 | € 80,908 | ▲ € 115,649 |
| Total debts | € 20,150 | € 1,355,953 | € 1,788,531 | ▲ 32% |
| Cash | € 23,594 | € 30,751 | € 62,005 | ▲ 102% |
| Land & buildings | - | € 1,275,186 | € 791,017 | ▼ 38% |
| Retained profit | € 4,583 | € -39,741 | € 75,908 | ▲ € 115,649 |
| Bank debt | € 0 | € 0 | € 400,000 | |
| Balance sheet total | € 29,733 | € 1,321,211 | € 1,869,439 | ▲ 41% |
Key figures of Grizzly4, 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 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 2024: profit of € 147,135. 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 € 147,135 profit in 2024.
Paid € 26,796 in corporate taxes since 2021.
Best year ever: 2024, with € 147,135 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
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 2024 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
€ 242,391 gross margin · 2024
ERIMAR same network
€ 26,963 gross margin · 2024
S.A.M Bouw
€ -128,243 gross margin · 2024
SPORTS ADVICE & MANAGEMENT
€ 196,761 gross margin · 2024
+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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