Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Figures corrected NBB
Corrected annual account filed for 2022.
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Busy address KBO
55 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Games - Nazareth from Aalst, company number BE0866042823, closed financial year 2025 with a result of € 211,932 after tax. For that financial year Games - Nazareth recorded a gross margin of € 1 million and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 225,026 to € 211,932. The company is profitable. 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.
€ 1.1 million
▲ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 211,932
▼ 6% vs 2024
Profit after tax over the fiscal year.
€ 101,593
▲ 9% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.1 million.
People and assets in 2025
4
▼ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 235,407
▲ 9% vs 2024
€ 58,900 per full-time equivalent. 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
None
No bank loans on the last day of the fiscal year.
€ 243,582
▲ 148% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 84,966
▼ 12% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 777,223 | € 767,764 | € 1,058,797 | € 1,048,026 | ▼ 1% |
| Profit after taxes | € 155,803 | € 79,182 | € 225,026 | € 211,932 | ▼ 6% |
| Equity | € 615,882 | € 695,065 | € 920,091 | € 1,132,022 | ▲ 23% |
| Total debts | € 131,661 | € 329,271 | € 222,430 | € 347,113 | ▲ 56% |
| Cash | € 78,688 | € 138,035 | € 93,409 | € 101,593 | ▲ 9% |
| Retained profit | € 605,649 | € 684,831 | € 909,857 | € 1,121,789 | ▲ 23% |
| Balance sheet total | € 747,543 | € 1,024,336 | € 1,157,612 | € 1,479,136 | ▲ 28% |
| Employees (FTE) | 4.2 | 4.1 | 4.3 | 4 | ▼ 0.3 |
Key figures of Games - Nazareth, 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 Games - Nazareth?
What happened at Games - Nazareth in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Pivanto BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 211,932 (▼ 6% vs 2024). Source: NBB ↗
- Eamonn O'Loughlin stepped down as director. NBB
- Pivanto BV became a director. NBB
- Odds & Overlay BV became a director. NBB
- Eamonn O'Loughlin became a director. NBB
- New establishment in Nazareth-De Pinte. KBO
- Start of the company according to the CBE. KBO
In short
From € 155,803 profit in 2022 to € 211,932 profit in 2025.
Paid € 413,350 in corporate taxes since 2022.
Best year ever: 2024, with € 225,026 profit.
On average € 262,000 of value added per employee in 2025.
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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 Games - Nazareth is Odds & Overlay BV. The shares are held by Napoleon Games (100%). It owns 50% of M Games-Nazareth itself.
Directors
According to the 2025 annual accounts
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 2023
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
Shareholders
100%
Participations
50%
Establishments
Establishment units
Physical locations of this company
Korte Keppestraat 23
9320 Aalst
Huisepontweg 1
9810 Nazareth-De Pinte
Active since 1 January 2005
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
- 0866.042.823
- VAT number
- BE 0866.042.823
- Registered office
- Korte Keppestraat 23, 9320 Aalst
- Names & denominations
- Games - Nazareth
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 June 2004
- Peppol
- Active · Active since 1 Aug 2021
- Activities · NACE
Activiteiten van loterijen en kansspelen
Loterijen en kansspelen
Cafés
Cafés en bars