Updated Mar 17, 2026 by Nacon
Nacon has filed for insolvency and requested judicial reorganization in February 2026 due to a liquidity crisis triggered by the financial instability of its parent company, Bigben Interactive.
The reorganization process aims to freeze liabilities and facilitate debt renegotiation over an observation period of up to 18 months to ensure business continuity for its 1,000 employees and 16 development studios.
Despite reporting €167.9 million in revenue and a €1.1 million operating profit for the 2024/2025 fiscal year, the company could not meet current liabilities following its parent company's failure to repay a bond loan.
Trading of Nacon shares on Euronext Paris is currently suspended, with a court ruling from the Commercial Court of Lille Métropole expected in early March 2026.
The company's financial distress is attributed to the high-pressure investment cycles of the AA video game sector and the broader financial collapse of its majority shareholder.
Nacon has filed for insolvency and requested judicial reorganization in February 2026 due to a liquidity crisis triggered by the financial instability of its parent company, Bigben Interactive.
The reorganization process aims to freeze liabilities and facilitate debt renegotiation over an observation period of up to 18 months to ensure business continuity for its 1,000 employees and 16 development studios.
Despite reporting €167.9 million in revenue and a €1.1 million operating profit for the 2024/2025 fiscal year, the company could not meet current liabilities following its parent company's failure to repay a bond loan.
Trading of Nacon shares on Euronext Paris is currently suspended, with a court ruling from the Commercial Court of Lille Métropole expected in early March 2026.
The company's financial distress is attributed to the high-pressure investment cycles of the AA video game sector and the broader financial collapse of its majority shareholder.