ZBS GAMES OÜ

Active Registry code 16191249 OÜ Tallinn Registered 24 Mar 2021
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ZBS GAMES OÜ is a OÜ based in Tallinn, registry code 16191249, status: active. Main activity: Publishing of video games. According to EMTA, turnover for Q3 2026 was €90 968 with employees.

Turnover
90 968 €
↓ 22.9% vs Q2 2026
State taxes
—
Labour taxes
—
Employees
—

Q3 2026 · data from the Tax and Customs Board (EMTA)

Position in the industry Publishing activities · EMTAK 58

  • Turnover · Q3 2026 90 968 €
    industry median 9 319 € · companies in the industry: 766
  • Revenue · 2025 226 310 €
    industry median 5 175 € · companies in the industry: 1 328
  • Net profit margin · 2025 -0.5 %
    industry median 4.4 % · companies in the industry: 825

Taxes and turnover

Q4 2023 – Q3 2026
Turnover, € thousand Q3 2026: 90 968 € · −22.9% vs Q2 2026 · industry median 9 319 € · above 82% of the industry
0255075100125Q4 2023 Company: 60 985 € Industry median: 13 258 €Q4·23Q1 2024 Company: 79 429 € Industry median: 14 046 €Q2 2024 Company: 94 237 € Industry median: 11 785 €Q2·24Q3 2024 Company: 57 107 € Industry median: 13 362 €Q4 2024 Company: 59 742 € Industry median: 14 000 €Q4·24Q1 2025 Company: 48 593 € Industry median: 14 441 €Q2 2025 Company: 50 537 € Industry median: 12 185 €Q2·25Q3 2025 Company: 30 638 € Industry median: 11 095 €Q4 2025 Company: 90 125 € Industry median: 11 709 €Q4·25Q1 2026 Company: 56 485 € Industry median: 10 933 €Q2 2026 Company: 117 923 € Industry median: 9 774 €Q2·26Q3 2026 Company: 90 968 € Industry median: 9 319 €Q3·260255075100125Q4 2024 Company: 59 742 € Industry median: 14 000 €Q1 2025 Company: 48 593 € Industry median: 14 441 €Q1·25Q2 2025 Company: 50 537 € Industry median: 12 185 €Q3 2025 Company: 30 638 € Industry median: 11 095 €Q3·25Q4 2025 Company: 90 125 € Industry median: 11 709 €Q1 2026 Company: 56 485 € Industry median: 10 933 €Q1·26Q2 2026 Company: 117 923 € Industry median: 9 774 €Q3 2026 Company: 90 968 € Industry median: 9 319 €Q3·26
  • Company
  • Industry median

Industry: Publishing activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Figures by quarter
Quarter Turnover, € State taxes, € Labour taxes, € Employees
Q3 2026 90 968 — — —
Q2 2026 117 923 — — —
Q1 2026 56 485 — — —
Q4 2025 90 125 — — —
Q3 2025 30 638 — — —
Q2 2025 50 537 — — —
Q1 2025 48 593 — — —
Q4 2024 59 742 — — —
Q3 2024 57 107 — — —
Q2 2024 94 237 — — —
Q1 2024 79 429 — — —
Q4 2023 60 985 — — —
Q3 2023 68 248 — — —
Q2 2023 9 963 — — —
Q1 2023 1 365 — — —
Q4 2022 5 006 — — —
Q3 2022 1 715 — — —
Q2 2022 2 277 — — —
Q1 2022 63 — — —

Financials by year

2021 – 2025
Revenue, € thousand 2025: 226 310 € · −19.7% vs 2024 · industry median 5 175 € · above 88% of the industry
01002003002021 Company: 1 581 € Industry median: 6 116 €20212022 Company: 9 422 € Industry median: 8 375 €20222023 Company: 112 966 € Industry median: 7 880 €20232024 Company: 281 927 € Industry median: 5 831 €20242025 Company: 226 310 € Industry median: 5 175 €202501002003002021 Company: 1 581 € Industry median: 6 116 €20212022 Company: 9 422 € Industry median: 8 375 €2023 Company: 112 966 € Industry median: 7 880 €20232024 Company: 281 927 € Industry median: 5 831 €2025 Company: 226 310 € Industry median: 5 175 €2025
  • Company
  • Industry median

Industry: Publishing activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit, € 2025: -1 122 € · −780.0% vs 2024 · industry median 0 € · above 28% of the industry
-10 000-5 00005 00010 0002021 Company: 681 € Industry median: 88 €20212022 Company: 7 706 € Industry median: 5 €20222023 Company: -5 596 € Industry median: 0 €20232024 Company: 165 € Industry median: 0 €20242025 Company: -1 122 € Industry median: 0 €2025-10 000-5 00005 00010 0002021 Company: 681 € Industry median: 88 €20212022 Company: 7 706 € Industry median: 5 €2023 Company: -5 596 € Industry median: 0 €20232024 Company: 165 € Industry median: 0 €2025 Company: -1 122 € Industry median: 0 €2025
  • Company
  • Industry median

Industry: Publishing activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Net profit margin, % 2025: -0.5 % · −0.6 pp vs the year before · industry median 4.4 % · above 35% of the industry
-200204060801002021 Company: 43.1 % Industry median: 10.1 %20212022 Company: 81.8 % Industry median: 7.6 %20222023 Company: -5.0 % Industry median: 6.4 %20232024 Company: 0.1 % Industry median: 5.9 %20242025 Company: -0.5 % Industry median: 4.4 %2025-200204060801002021 Company: 43.1 % Industry median: 10.1 %20212022 Company: 81.8 % Industry median: 7.6 %2023 Company: -5.0 % Industry median: 6.4 %20232024 Company: 0.1 % Industry median: 5.9 %2025 Company: -0.5 % Industry median: 4.4 %2025
  • Company
  • Industry median

Industry: Publishing activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Assets, € 2025: 3 914 € · −16.6% vs 2024
02 0004 0006 0008 00010 0002021 Company: 1 887 €20212022 Company: 9 630 €20222023 Company: 4 059 €20232024 Company: 4 693 €20242025 Company: 3 914 €202502 0004 0006 0008 00010 0002021 Company: 1 887 €20212022 Company: 9 630 €2023 Company: 4 059 €20232024 Company: 4 693 €2025 Company: 3 914 €2025
Equity, € 2025: 1 834 € · −38.0% vs 2024
02 0004 0006 0008 00010 0002021 Company: 681 €20212022 Company: 8 388 €20222023 Company: 2 791 €20232024 Company: 2 956 €20242025 Company: 1 834 €202502 0004 0006 0008 00010 0002021 Company: 681 €20212022 Company: 8 388 €2023 Company: 2 791 €20232024 Company: 2 956 €2025 Company: 1 834 €2025
Employees 2025: 0 · industry median 1 · above 2% of the industry
0.00.20.40.60.81.02021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 120222023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 120242025 Company: 0 Industry median: 120250.00.20.40.60.81.02021 Company: 0 Industry median: 120212022 Company: 0 Industry median: 12023 Company: 0 Industry median: 120232024 Company: 0 Industry median: 12025 Company: 0 Industry median: 12025
  • Company
  • Industry median

Industry: Publishing activities (the EMTAK division of the main activity). Median: half of the industry is above, half below.

Financials by year
Year Revenue, € Net profit, € Labour costs, € Assets, € Equity, € Employees
2025 226 310 -1 122 0 3 914 1 834 0
2024 281 927 165 0 4 693 2 956 0
2023 112 966 -5 596 0 4 059 2 791 0
2022 9 422 7 706 0 9 630 8 388 0
2021 1 581 681 0 1 887 681 0

Figures from the company’s own (non-consolidated) balance sheet and income statement. A loss is shown with a minus sign.

Financial ratios for 2025

Net profit margin
-0.5 %
Net profit / revenue
Return on equity (ROE)
-61.2 %
Net profit / equity
Return on assets (ROA)
-28.7 %
Net profit / assets
Equity ratio
46.9 %
Equity / assets
Debt ratio
53.1 %
Liabilities / assets
Current ratio
1.88
Current assets / current liabilities

Annual reports

PDFs from e-Äriregister
Annual reports
Year Period Filed Report Documents
2025 1 Jan 2025 – 31 Dec 2025 7 Jul 2026 Company’s own e-Äriregister
2024 1 Jan 2024 – 31 Dec 2024 1 Jun 2025 Company’s own e-Äriregister
2023 1 Jan 2023 – 31 Dec 2023 12 Mar 2024 Company’s own e-Äriregister
2022 1 Jan 2022 – 31 Dec 2022 7 Jun 2023 Company’s own e-Äriregister
2021 24 Mar 2021 – 31 Dec 2021 6 Jun 2023 Company’s own e-Äriregister

Board

Right of representation

Any member of the management board may represent the private limited company in all transactions.

Owners

Beneficial owners

  • Igor Popkov
    Direct ownership · UKR · since 24 Mar 2021

Founders and other persons

shared board members, owners or beneficial owners

Activities (EMTAK)

  • 58211Publishing of video games Main
Rulings
Number, date Title Deadline State Document
Ä 50169831 / 3
2 Sep 2023
Amendment entry In force
2 Sep 2023
PDF
Ä 50169831 / 2
3 May 2023
Amendment entry In force
3 May 2023
PDF
Ä 50169831
24 Mar 2021
First entry In force
24 Mar 2021
PDF

Sources: e-Äriregister and EMTA. Data updated 1 Nov 2026. Open at the source ↗ · Report an error in the data