
Joint-Stock Company (S.A.)
Madnetic Games
Madnetic Games Spółka Akcyjna

Joint-Stock Company (S.A.)
Madnetic Games Spółka Akcyjna
Madnetic Games Spółka Akcyjna (KRS 0000857567, NIP 8992882986) is a Polish company, headquartered in Wrocław, Dolnośląskie voivodeship. Madnetic Games operates in: Publishing of computer games (PKD 58.21.Z). Industry: Publishing. The company has been listed in the National Court Register since September 1, 2020. Madnetic Games's most recently reported net revenue was 1.5 M PLN for 2025.
No arrears identified in the analysed sources
No arrears or bankruptcy proceedings identified in the analysed sources.
Other activities
Credibility rating
48 / 100
Average credibility
Insolvency risk
Very low
Elevated threat
Closure risk
27
/ 100
Risk comparison - scale 0 (safe) → 100 (critical)
No instability signals - ownership, management, PKD codes and company name remain relatively stable.
Shareholder changes
0
0/6 yrs
Board changes
2
2/6 yrs
PKD changes
1
1/6 yrs
Name changes
0
0/6 yrs
Data from 6 years of registry activity.
Payment reliability score from 2021–2025
Current: D (48/100)
Trend: deteriorating (-20.3 pts/year)
Słaba wiarygodność płatnicza – wskaźniki finansowe sugerują podwyższone ryzyko opóźnień lub niewykonania zobowiązań.
Standard limit from 2021–2025
Current: 216.1 K PLN
Safe: 64.8 K PLN
Difference between risk models
Closure - probability of ceasing operations (operational continuity). Insolvency - probability of formal bankruptcy / restructuring. The models use different data - results can diverge significantly when balance-sheet data is incomplete.
Founded
September 1, 2020
5 years in operation
Legal form
Joint-Stock Company (S.A.)
Registry: RejP
Headquarters
WROCŁAW
DOLNOŚLĄSKIE
Primary PKD
58.21.Z
Publishing of computer games
Share capital
110.2 K PLN
Board
1 person
Sup. board: 5
Filed years
5 years
2021–2025 · profitable: 2/5
Registry entries
29
latest: July 6, 2026
Risk signals
Revenue
1.5 M PLN
2025
Net profit
-365.1 K PLN
2025
Assets
1.6 M PLN
2025
Equity
1.3 M PLN
2025
EBITDA
N/A
2025
no depreciation data
Valuation
565.8 K PLN
Low confidence
Low confidence
People holding roles at Madnetic Games according to the Polish National Court Register. Follow a name for that person's full profile and their other companies.
Rate business credibility - Madnetic Games.
No ratings

Explainer
Ten Square Games S.A. (KRS 0000704863), headquartered at ul. Gen. Romualda Traugutta 45 in Wrocław (the same address as Develia), is the Wrocław-based leader of Polish mobile gaming and the creator of free-to-play games monetised through microtransactions: Fishing Clash (fishing), Hunting Clash (hunting), Wild Hunt. In 2025 the group posted revenue of roughly PLN 361.9 million and net profit of PLN 77 million (up 15% YoY). Founded in 2011 by Maciej Popowicz (previously the creator of the nasza-klasa.pl portal), listed on the WSE since 2018, with a three-member management board and a six-member supervisory board.

Explainer
Warsaw-based 11 bit studios S.A. (KRS 0000350888) enters 2026 on the back of two AAA-tier launches: Frostpunk 2 (September 2024) and The Alters (summer 2025). The studio has been publicly listed since 2010, sits in the mWIG40 mid-cap index and is headquartered at ul. Brzeska 2 in Warsaw's Praga district.
Answers to questions about the company's activity, registered office, identifiers, financial data, capital and control.
The beneficial owners of Madnetic Games are: MICHAŁ KOJECKI (PL) and KRZYSZTOF KOSTOWSKI (PL).
No - all of Madnetic Games's beneficial owners hold Polish citizenship.
Madnetic Games's board has 1 member.
Latest reporting year
2025
Available years
5
Filing entries
0
20 historical registry entries for Madnetic Games
Change in Section 1 (basic data)
WR.VI NS-REJ.KRS/23208/24/651/ADE
Filing documents submitted (4 documents)
Board change
WR.VI NS-REJ.KRS/5818/26/712
Filing documents submitted (4 documents)
Articles of association amended, Secondary PKD code change
WR.VI NS-REJ.KRS/23089/26/424
Competing companies or those operating in the same market segment as Madnetic Games (industry: Publishing).
WARSZAWA· Publishing
Revenue 2024: 1.9 M PLN
KRAKÓW· Publishing
Revenue 2023: 1.9 M PLN
WARSZAWA· Publishing
Revenue 2024: 1.7 M PLN
WARSZAWA· Publishing
Revenue 2025: 1.5 M PLN
WROCŁAW· Publishing
Revenue 2024: 1.4 M PLN
WARSZAWA· Publishing
Revenue 2024: 1.1 M PLN