Indeed - in German, verbs have:
- a gerund form which is always the same as the infinitive,
- a different gerund form (verb-'ung', kind of cognate to verb-'ing', both derived from a Latin construct I believe), and
- a present participle
...in addition to the other declensions. It's fascinating to me how Dutch and English can be seen as two parallel derivatives of the old High German language, where as what we now call German has developed along a largely different path!