Overview
Fools Theory is a collective of experienced game developers behind The Thaumaturge and Seven. The studio is working on a remake of The Witcher in Unreal Engine 5 and co-developed The Witcher 3: Wild Hunt expansion Songs of the Past.
Financials
Revenue history (in m)
Data and insights are generated automatically based on financial statements and may contain errors. This analysis is for informational purposes only and does not constitute an official assessment of the company's credibility or business advice.
Statistics
How the company ranks by revenue within its industry, region and across Poland in 2025.
Results vs industry
Industry
Bank accounts
Registered as a VAT taxpayer on 2018-10-30. Active
05 1020 1026 0000 1002 0567 7572- 07 1020 1026 0000 1302 0594 4915
- 44 1020 1026 0000 1302 0665 8266
Debt
No entries in the National Debtors Register (KRZ). No proceedings in KRZ
Public aid
5 public aid cases recorded, with a total value of $25,023.
| Grant date | Purpose | Gross amount | Granting body | |
|---|---|---|---|---|
| Jun 5, 2025 | De minimis aid (in accordance with Commission Regulation 2023/2831) | $17,579$17,579 | Prezes Banku Gospodarstwa Krajowego | |
| Nov 21, 2022 | De minimis aid (in accordance with Commission Regulation No 1407/2013 or earlier) | $790$790 | Prezes Banku Gospodarstwa Krajowego | |
| Nov 23, 2021 | De minimis aid (in accordance with Commission Regulation No 1407/2013 or earlier) | $911$911 | Prezes Banku Gospodarstwa Krajowego |
Tenders
No recorded participation in tenders.
Authorized Representatives
Manner of representation
The following persons are authorised to make declarations of will on behalf of the company: in the case of a one-person management board, the sole member of the management board independently, and in the case of a multi-member management board, each member of the management board independently, provided that, in the case of liabilities exceeding PLN 10,000.00 (ten thousand zlotys), the persons authorised to represent the company are two members of the management board acting jointly or a member of the management board acting jointly with a commercial proxy.
Ownership
| Owner | Shares | Share value | Stake |
|---|---|---|---|
| 40 | $540.25 | 40% | |
Krzysztof Mąka (37) | 27 | $364.67 | 27% |
Jakub Piotr Rokosz (41) | 33 | $445.71 | 33% |
Beneficial owners
| Person | Rights |
|---|---|
Competitors
| Name | Revenue | Website | ||
|---|---|---|---|---|
| Bloober TeamS.A. | $38,776,267.70 | blooberteam.com | ||
| Artifex MundiS.A. | $24,854,084.38 | artifexmundi.com | ||
| 11 Bit StudiosS.A. | $13,209,747.27 | 11bitstudios.com | ||
| President StudioS.A. | $4,945,535.24 | president-studio.com | ||
| Render CubeS.A. | $4,406,113.60 | rendercube.pl | ||
| Gaming FactoryS.A. | $4,102,461.07 | gamingfactory.pl | ||
| FAR from HomeS.A. | $3,916,595.43 | farfromhomegames.com | ||
| The Knights of Unitysp. z o.o. | $3,855,985.45 | theknightsofunity.com | ||
| Larian Studios Polandsp. z o.o. | $2,920,208.35 | larian.com | ||
| DRAW DistanceS.A. | $2,628,299.96 | drawdistance.dev |
Change history
| Date | Event | |
|---|---|---|
| 2024-09-27 | Address change (Ul. 1 Maja 15, 43-300, Bielsko-Biała → Dworkowa 4, 43-300, Bielsko-Biała) | |
| 2018-11-20 | Address change (Aleje Ujazdowskie 16/60, 00-478, Warszawa → Ul. 1 Maja 15, 43-300, Bielsko-Biała) | |
| 2018-11-20 | Name change (Tsms Development → Fool's Theory) | |
| 2018-11-20 | PKD change (Removed: 41, 46, 59, 63.11, 63.12.Z, 70, 73, 74, 82, 96; Added: 26, 32.40.Z, 47.91.Z, 58.19.Z, 58.21.Z, 58.29.Z, 62.01.Z, 74.10.Z, 95.11.Z, 96.09.Z) | |
| 2018-02-19 | Entered in the register |
FAQ
Last updated: 2026-07-27