ACTIVE

Games - Nazareth

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Financial year 2025 · Closed on 31/12/2025

Net result211,9 k €-5,8 %over 1 year
Gross margin1 M €-1,0 %over 1 year
Equity1,1 M €+23,0 %over 1 year
Workforce4,0 ETP-7,0 %over 1 year

Identity

Source · BCE/KBO

Games - Nazareth is a Private limited company incorporated in 2004. Its main activity is: Gambling and betting activities. Its registered office is in Aalst. It employs on average 4,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0866.042.823
Incorporation
29/06/2004
Legal form
Private limited company
Registered office
Korte Keppestraat 23
9320 Aalst · FlandreSee on map
Contributed capital
10 233,80 €
Latest accounts
31/12/2025
Average workforce
4,0 ETP
Joint committees (3)
  • 14904
  • 218
  • 302
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 22 filings

Trend over 18 financial years

20252024202320222021
Income statement
Gross margin1 M €1,1 M €767,8 k €777,2 k €651,9 k €
EBITDA410,4 k €432,4 k €151,6 k €246,2 k €342 k €
Operating result367 k €366,1 k €115,1 k €209,6 k €308 k €
Net result211,9 k €225 k €79,2 k €155,8 k €278,5 k €
Balance sheet
Equity1,1 M €920,1 k €695,1 k €615,9 k €460,1 k €
Total assets1,5 M €1,2 M €1 M €747,5 k €702,1 k €
Cash101,6 k €93,4 k €138 k €78,7 k €43,7 k €
Debts347,1 k €222,4 k €327,4 k €126,3 k €238,3 k €
Other
Workforce4,0 ETP4,3 ETP4,1 ETP4,2 ETP4,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 5 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
PIVANTO1011.432.262Represented by Philippe Joos
Director02/09/2024 → 20/05/2030
ODDS & OVERLAY0633.613.304Represented by Tom De Clercq
Directorsince 21/12/2017
Eamonn O'Loughlin
Director10/11/2022 → 15/05/2028

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Koen Sanders
Director19/12/2019 → 2022 accounts
Tom De Clercq
Director21/12/2017 → 19/12/2019
GECA INVEST0471.743.266Represented by GEERT SEYNAEVE
Managerlisted until the 2008 accounts

Other companies at this address

Korte Keppestraat 23 9320 Aalst
CompanyCBE no.
BEPRAQ INVEST● Active
0474.509.944
BREYDEL GAMES● Active
0862.109.175
CAPITOLE● Active
0455.158.048
COCKY'S GAMES● Active
0860.631.510
COPACO BELGIUM● Active
0466.466.565
COPACO FINANCIAL SERVICES BELGIUM● Active
0465.577.531
C-Products● Active
0806.942.604
DE CEUSTER CONTINENTAL● Active
0439.919.150
FE BTW Copaco sales Belgium● Active
0501.979.453
FUTURE GAMES● Active
0446.656.987
GAMES - LICHTERVELDE● Active
0862.689.195
Gerardo● Active
0446.846.831
iGames support● Active
0440.931.316
IRJAM● Active
0468.317.483
JAVAS● Active
0475.967.518
LE CHÂTEAU● Active
0860.990.608
LUCKY SEVEN● Active
0453.116.197
LUNA INVEST● Active
0472.398.413
LUNATIM● Active
0440.502.239
M Aloha● Active
0752.868.171

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date09/06/202606/06/202521/06/202413/05/202413/05/202418/06/2021
General meeting18/05/202619/05/202521/05/202415/05/202306/06/202217/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 22 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202518/05/202609/06/2026DutchPDF
Abridged model31/12/202419/05/202506/06/2025DutchPDF
Abridged model31/12/202321/05/202421/06/2024DutchPDF
Abridged modelCorrection31/12/202215/05/202313/05/2024DutchPDF
Abridged model31/12/202215/05/202314/06/2023DutchPDF
Abridged modelCorrection31/12/202106/06/202213/05/2024DutchPDF
Abridged model31/12/202106/06/202230/06/2022DutchPDF
Full model31/12/202017/05/202118/06/2021DutchPDF
Full model31/12/201908/06/202018/06/2020DutchPDF
Abridged model31/12/201820/05/201928/06/2019DutchPDF
Abridged model30/09/201714/12/201719/12/2017DutchPDF
Abridged model30/09/201630/03/201702/05/2017DutchPDF
Abridged model30/09/201531/03/201619/04/2016DutchPDF
Abridged model30/09/201426/03/201530/03/2015DutchPDF
Abridged model30/09/201327/03/201418/04/2014DutchPDF
Abridged model30/09/201228/03/201330/04/2013DutchPDF
Abridged model30/09/201129/03/201227/04/2012DutchPDF
Abridged model30/09/201030/04/201130/05/2011DutchPDF
Abridged model30/09/200925/03/201028/04/2010DutchPDF
Abridged model30/09/200826/03/200930/04/2009DutchPDF
Abridged model30/09/200731/03/200830/04/2008DutchPDF
Abridged model30/09/200629/03/200730/04/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 5 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
PIVANTO1011.432.262Represented by Philippe Joos
Director02/09/2024 → 20/05/2030
ODDS & OVERLAY0633.613.304Represented by Tom De Clercq
Directorsince 21/12/2017
Eamonn O'Loughlin
Director10/11/2022 → 15/05/2028

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Koen Sanders
Director19/12/2019 → 2022 accounts
Tom De Clercq
Director21/12/2017 → 19/12/2019
GECA INVEST0471.743.266Represented by GEERT SEYNAEVE
Managerlisted until the 2008 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other28/10/2026
    DIVERSEN
    PDF
  • Mandates12/11/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/06/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/06/2025
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/08/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/10/2020
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings18 filings
Mandates
PIVANTO
ODDS & OVERLAY
Eamonn O'Loughlin
Koen Sanders
Tom De Clercq
GECA INVEST
ARDI
Geert SEYNAEVE
200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027202820292030
Games - Nazareth
Korte Keppestraat 23, 9320 Erembodegem
Director
Director
Director
Director
Director
Manager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Korte Keppestraat 23, 9320 ErembodegemCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00151168

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
Games - NazarethCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00151168

Events

  1. 2025
    Annual accounts 2025211,9 k €↓
  2. 2024
    Annual accounts 2024225 k €↑
  3. 2023
    Annual accounts 202379,2 k €↓
  4. 2022
    Annual accounts 2022155,8 k €↓
  5. 2021
    Annual accounts 2021278,5 k €↑
  6. 2020
    Annual accounts 2020-86,3 k €↓
  7. 2019
    Annual accounts 2019-60,6 k €↓
  8. 2017
    Annual accounts 201728 k €↓
  9. 2015
    Annual accounts 2015229,6 k €↓
  10. 2014
    Annual accounts 2014710,1 k €↑
  11. 2013
    Annual accounts 2013366,5 k €↓
  12. 2012
    Annual accounts 2012553,4 k €↑
  13. 2011
    Annual accounts 2011521,1 k €↓
  14. 2010
    Annual accounts 2010750,1 k €↑
  15. 2009
    Annual accounts 2009538,6 k €↑
  16. 2008
    Annual accounts 2008441,8 k €↑
  17. 2007
    Annual accounts 2007327,7 k €↑
  18. 2006
    Annual accounts 200693,9 k €
  19. 29/06/2004
    IncorporationPrivate limited company