What does Gerardo do?

Gerardo is registered with the CBE as active in: Activiteiten van loterijen en kansspelen. Public Limited, started on 9 March 1992, 1 establishment.

What is the address of Gerardo?

The registered office of Gerardo is located at Korte Keppestraat 23, 9320 Aalst.

Is Gerardo still active?

Yes. According to the CBE (29 October 2026) Gerardo is active, legal situation “Normale toestand”, started on 9 March 1992.

Is Gerardo registered on Peppol?

Yes, Gerardo is registered on the Peppol network with ID 0208:0446846831.

What is the enterprise number of Gerardo?

The enterprise number of Gerardo is BE0446846831.

When was Gerardo founded?

Gerardo was founded on 9 March 1992.

Who are the directors of Gerardo?

According to the 2025 annual accounts, the directors of Gerardo are: Pivanto BV, Eamonn O'Loughlin , Odds & Overlay BV.

Is Gerardo a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 9 March 1992; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did Gerardo make in 2025?

Gerardo posted a profit after taxes of € 18,619 in financial year 2025.

What is the revenue of Gerardo?

As a small company, Gerardo is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € -7,204.

How much does an employee at Gerardo earn?

The average wage cost per full-time employee at Gerardo was € 15,300 in 2024: staff costs of € 29,000 for 1.9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Gerardo have?

According to the 2025 annual accounts, Gerardo has 0.2 full-time equivalents (FTE).

Gerardo (Public Limited) - Aalst - BE0446846831

Dossier Gerardo, printed on 29 October 2026 from databakkes.be/en/0446846831/gerardo. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Shrinking team NBB

FTE fell two years in a row, from 2.5 to 0.2.
Busy address KBO

55 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

Gerardo from Aalst, company number BE0446846831, closed financial year 2025 with a result of € 18,619 after tax. For that financial year Gerardo recorded a gross margin of € -7,204 and equity of € 44,067. Compared with financial year 2024, the result moved from € -181,844 to € 18,619. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 9, 2026.

What it is worth Growing

€ 44,067

▲ € 67,119 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 18,619

▲ still € 181,844 loss in 2024

Profit after tax over the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -911,429.

People and assets in 2025

Full-time equivalents

0.2

▼ 1.7 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 290

▼ 99% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 5,423

▼ 75% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 178,248 Gross margin 2022: € 178,248 First fiscal year in the series	€ 94,192 Gross margin 2023: € 94,192 ▼ 47% vs 2022 (€ 178,248) Unfavourable step	€ 15,270 Gross margin 2024: € 15,270 ▼ 84% vs 2023 (€ 94,192) Unfavourable step	€ -7,204 Gross margin 2025: € -7,204 ▼ € 22,474 vs 2024 (€ 15,270) Unfavourable step	▼ € 22,474
Profit after taxes	€ -109,254 Profit after taxes 2022: € -109,254 First fiscal year in the series	€ -173,750 Profit after taxes 2023: € -173,750 ▼ € 64,496 vs 2022 (€ -109,254) Unfavourable step	€ -181,844 Profit after taxes 2024: € -181,844 ▼ € 8,094 vs 2023 (€ -173,750) Unfavourable step	€ 18,619 Profit after taxes 2025: € 18,619 ▲ € 200,463 vs 2024 (€ -181,844) Favourable step	▲ € 200,463
Equity	€ 32,541 Equity 2022: € 32,541 First fiscal year in the series	€ 158,791 Equity 2023: € 158,791 ▲ € 126,250 vs 2022 (€ 32,541) Favourable step	€ -23,053 Equity 2024: € -23,053 ▼ € 181,844 vs 2023 (€ 158,791) Unfavourable step	€ 44,067 Equity 2025: € 44,067 ▲ € 67,119 vs 2024 (€ -23,053) Favourable step	▲ € 67,119
Total debts	€ 78,985 Total debts 2022: € 78,985 First fiscal year in the series	€ 162,789 Total debts 2023: € 162,789 ▲ 106% vs 2022 (€ 78,985) Unfavourable step	€ 22,590 Total debts 2024: € 22,590 ▼ 86% vs 2023 (€ 162,789) Favourable step	€ 13,694 Total debts 2025: € 13,694 ▼ 39% vs 2024 (€ 22,590) Favourable step	▼ 39%
Cash	€ 26,362 Cash 2022: € 26,362 First fiscal year in the series	€ 91,618 Cash 2023: € 91,618 ▲ 248% vs 2022 (€ 26,362) Favourable step	€ 2,386 Cash 2024: € 2,386 ▼ 97% vs 2023 (€ 91,618) Unfavourable step	-
Retained profit	€ -574,454 Retained profit 2022: € -574,454 First fiscal year in the series	€ -748,204 Retained profit 2023: € -748,204 ▼ € 173,750 vs 2022 (€ -574,454) Unfavourable step	€ -930,048 Retained profit 2024: € -930,048 ▼ € 181,844 vs 2023 (€ -748,204) Unfavourable step	€ -911,429 Retained profit 2025: € -911,429 ▲ € 18,619 vs 2024 (€ -930,048) Favourable step	▲ € 18,619
Balance sheet total	€ 111,526 Balance sheet total 2022: € 111,526 First fiscal year in the series	€ 321,580 Balance sheet total 2023: € 321,580 ▲ 188% vs 2022 (€ 111,526) Unchanged	€ 54,519 Balance sheet total 2024: € 54,519 ▼ 83% vs 2023 (€ 321,580) Unchanged	€ 57,760 Balance sheet total 2025: € 57,760 ▲ 6% vs 2024 (€ 54,519) Unchanged	▲ 6%
Employees (FTE)	3.7 Employees (FTE) 2022: 3.7 First fiscal year in the series	2.5 Employees (FTE) 2023: 2.5 ▼ 1.2 vs 2022 (3.7) Unchanged	1.9 Employees (FTE) 2024: 1.9 ▼ 0.6 vs 2023 (2.5) Unchanged	0.2 Employees (FTE) 2025: 0.2 ▼ 1.7 vs 2024 (1.9) Unchanged	▼ 1.7

Key figures of Gerardo, fiscal years 2022 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 Gerardo?

What happened at Gerardo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2030 Pivanto BV stepped down as director. NBB
2028 Odds & Overlay BV stepped down as director. NBB
Jun 9, 2026 New annual accounts for financial year 2025: profit of € 18,619. Source: NBB ↗
2025 Eamonn O'Loughlin stepped down as director. NBB
2024 Pivanto BV became a director. NBB
2022 Eamonn O'Loughlin became a director. NBB
2022 Odds & Overlay BV became a director. NBB
Jan 1, 2007 New establishment in Aalst. KBO

In short

From € 109,254 loss in 2022 to € 18,619 profit in 2025.

Best year ever: 2025, with € 18,619 profit.

On average € 8,000 of value added per employee in 2024.

Original PDFs at the National Bank ↗

Management

Napoleon Games NV 100%

Gerardo

The shares are held by Napoleon Games NV (100%).

Directors

According to the 2025 annual accounts

Pivanto BV

Director · represented by Philippe Joos

Also active at: E.C.K., E.T.C. EUROPA TECHNICS & Cie, NAPOLEON GAMES, OLYMPIAN GAMES, LAGAUT, SNOOK, DE CEUSTER CONTINENTAL, LUNATIM +22 more

since 2024 · until 2030

Eamonn O'Loughlin

Director

Also active at: E.C.K., E.T.C. EUROPA TECHNICS & Cie, NAPOLEON GAMES, OLYMPIAN GAMES, LAGAUT, SNOOK, DE CEUSTER CONTINENTAL, LUNATIM +17 more

since 2022 · until 2025

Odds & Overlay BV

Managing director · represented by Tom De Clercq

Also active at: E.C.K., E.T.C. EUROPA TECHNICS & Cie, NAPOLEON GAMES, OLYMPIAN GAMES, LAGAUT, SNOOK, DE CEUSTER CONTINENTAL, LUNATIM +22 more

since 2022 · until 2028

Shareholders

Napoleon Games NV

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Korte Keppestraat 23

9320 Aalst

2.209.601.602

Parklaan 62

9300 Aalst

Active since 1 January 2007

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 55 companies are registered at this address.

All companies at this address →

OLYMPIAN GAMES same network

€ 556,902 gross margin · 2025

SNOOK same network

€ 941,858 gross margin · 2025

DE CEUSTER CONTINENTAL same network

€ 1.4 million gross margin · 2025

LUNATIM same network

€ -64,151 gross margin · 2025

SPEELHAL.NET same network

€ 2.5 million gross margin · 2025

+50 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

0446.846.831

VAT number

BE 0446.846.831

Registered office

Korte Keppestraat 23, 9320 Aalst

Names & denominations

Gerardo

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

9 March 1992

Peppol

Active · Active since 1 Aug 2021

Activities · NACE

Activiteiten van loterijen en kansspelen

Loterijen en kansspelen

View on CBE Public ↗ Annual accounts (NBB) ↗

Gerardo

Warning lights

Financials

What happened to Gerardo?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions