Sector · NACE 5821

Publishing of video games

65 Belgian companies whose main activity falls under NACE code 5821 have filed annual accounts. Their median solvency is 41.2% for financial year 2024.

Companies65
Median solvency41.2%
Median equity24,786 €
Median headcount (FTE)1.6
Founded in the last 3 years9

Sector medians

Computed by Idonis

Distribution across the sector's companies for financial year 2024: a quarter of companies sit below the 1st quartile, half below the median, three quarters below the 3rd quartile.

Indicator1st quartileMedian3rd quartileCompanies
Solvency 15.2%41.2%75.7% 59
Current ratio 0.721.502.88 55
ROE -12.6%13.9%43.8% 45
Equity 1,884 €24,786 €124,651 € 59
Total assets 19,020 €80,484 €305,706 € 59
Net result −11,102 €22 €21,482 € 59
Headcount (avg FTE) 0.91.64.0 19

Medians computed by Idonis from annual accounts filed with the National Bank, all sizes combined. The same panel is the sector benchmark on every company page. Method

Largest companies: Publishing of video games

Ranked by total assets in the latest filed accounts. This is a size criterion, not an assessment.

#Company Total assetsRevenue EquityFTEYear
1 Tacos Production 1170 Watermael-Boitsfort €8.43m — €1.45m 2.0 2025
2 BVGC 4141 Sprimont €6.84m — €3.51m — 2025
3 EDU-Tech 3200 Aarschot €6.33m — −140,421 € 4.4 2025
4 Lugus Studios 3500 Hasselt €2.22m — €1.12m 6.8 2025
5 Pixnami 3600 Genk €1.38m — 389,455 € 4.7 2025
6 Blink Prod 4053 Chaudfontaine 942,678 € — 128,751 € — 2025
7 Oisoi Studio 9000 Ghent 914,273 € — 447,762 € 8.8 2025
8 Hilarious 6120 Ham-sur-Heure-Nalinnes 909,136 € — 108,118 € 5.7 2025
9 Alterface Holdings 1300 Wavre 852,748 € — 652,764 € — 2025
10 Maracas Studio 6000 Charleroi 767,893 € — 94,151 € 4.4 2025
11 Funtomata 4650 Herve 709,777 € — 26,042 € 3.8 2025
12 Clever Trickster Studio 5100 Namur 534,933 € — 87,222 € 8.0 2024
13 Pajama Llama Games 9000 Ghent 441,005 € — 137,204 € 0.3 2025
14 TigerLily World of Wonders 2800 Mechelen 425,160 € — −168,842 € 0.9 2025
15 Oddshot Games 9000 Ghent 377,182 € — 322,634 € 2.9 2025
16 La Case Depart SRL 4987 Stoumont 376,992 € — 194,774 € — 2025
17 DOTS 4257 Berloz 343,417 € — 77,443 € 1.0 2025
18 Pixel Fuel 2650 Edegem 259,401 € — 21,959 € — 2025
19 Anaxanthia 9100 Sint-Niklaas 249,273 € — 120,588 € 1.0 2025
20 Linasa Studios 1840 Londerzeel 240,624 € — 23,988 € — 2025

“—”: not published. Small companies (micro and abridged accounts) do not have to publish their revenue.

See all 65 companies, full list →

Where are they based?

  • Brussels-Capital13
  • Liège12
  • Flemish Brabant9
  • Antwerp6
  • Namur5
  • East Flanders5
  • Walloon Brabant4
  • West Flanders4
  • Hainaut4
  • Limburg2
  • Luxembourg1

Municipalities with the most

Related sectors

← The whole Publishing activities sector (NACE 58)

Frequently asked questions

How many Publishing of video games companies are there in Belgium?

65 Belgian companies whose main activity falls under NACE code 5821 (Publishing of video games) have filed annual accounts with the National Bank.

What is the median solvency in Publishing of video games?

For financial year 2024, median solvency (equity over total assets) is 41.2%. The middle half of companies lies between 15.2% and 75.7% (59 companies).

What is the largest company in Publishing of video games?

By total assets, it is Tacos Production (€8.43m, financial year 2025).

Where are Publishing of video games companies based?

The municipalities with the most: Brussels (4), Ghent (3), Koekelberg (2).

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Active companies (legal entities) that have filed at least one set of annual accounts, based on the Crossroads Bank for Enterprises and the National Bank of Belgium. The sector is the main activity in the register; the municipality is that of the registered office. Data updated on 13 Nov 2026.