Pivotex Balti osaühingRegistered

10026609Private limited company (OÜ)Founded 1996

Key figures

703 310 €+2,4%
Revenue 2025
−8,8%
Average annual change 2019–2025
0500 k1 m1,5 m2019202020212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0500 k1 m1,5 m2019202020212022202320242025
Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 2026190 843 €39933 €
Q2 2026252 761 €39867 €
Q1 202695 281 €310 600 €
Q4 2025175 249 €310 330 €
Q3 2025402 411 €310 690 €
Q2 2025136 547 €39970 €
Q1 2025134 712 €310 471 €

Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.

Dividends

calculated
2025

Distributed as dividends 376 800 € (52% of distributable profit).

History
2025376 800 €
2024180 000 €
20230 €
2022327 113 €
20210 €
2020267 567 €

Previous year's retained earnings + previous year's profit − current retained earnings.

Summary of financial statements2019–2025
2019202020212022202320242025
Balance sheet — assets
Total current assets951 2761 021 676982 4151 143 7161 230 311786 186589 349
Total non-current assets226 070224 426224 426224 42626 4661434796
Total assets1 177 3461 246 1021 206 8411 368 1421 256 777787 620590 145
Balance sheet — liabilities and equity
Current liabilities540 275815 923449 549857 858561 86365 38371 237
Non-current liabilities———————
Total liabilities540 275815 923449 549857 858561 86365 38371 237
Share capital2556255625562556255625562556
Retained earnings of previous periods369 065366 692427 367427 367507 472512 102342 625
Profit for the year265 19460 675327 11380 105184 630207 323173 471
Reserves and other equity256256256256256256256
Total equity637 071430 179757 292510 284694 914722 237518 908
Income statement
Sales revenue1 224 969827 530924 794787 1381 306 315686 528703 310
Operating profit289 895125 709255 975176 691168 662191 397218 438
EBITDA291 538127 353255 975176 691168 822191 929219 076
Profit before income tax301 854124 600327 113161 883184 630252 323279 748
Profit for the reporting year265 19460 675327 11380 105184 630207 323173 471
Labour costs103 896114 544119 133126 211107 27387 93195 225
Depreciation of non-current assets1643164400160532638
Other indicators
Employees4444333
Calculated dividend—267 5670327 1130180 000376 800

A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.

Risks and obligationsAll clear
Register status
Registered
Business Register
Tax debt
None
Tax and Customs Board list of tax debtors
Enforcement and official notices
None
Official Announcements (Ametlikud Teadaanded)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph
100%Pivotex Balti osaühingMatti SimmerKersti Simmer
CompanyPersonShareholderOther roleAdditional link

Public procurement

5 contracts

Public contracts won worth 222 997 € from 2 contracting authorities (27.06.2024–22.09.2026).

Source: Public Procurement Register open data from October 2023. All public tenders

Annual reportsPDF, XBRL

Loading list of reports…

Source: e-Business Register (RIK). Files open/download directly from the official register.

Summary: Pivotex Balti osaühing

Overview

Pivotex Balti osaühing (registry code 10026609) is a private limited company (OÜ). The company was entered in the Commercial Register in 1996 and has been registered for 30 years. Registered location: Kristiine linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is installation of industrial machinery and equipment (EMTAK 33201). The company is registered for VAT (VAT number EE100271137).

Financial results

Revenue in financial year 2025 was 703 310 €, up 2,4% on the previous year (686 528 €). From 2019 to 2025, revenue declined by an average of 8,8% per year. Net profit for financial year 2025 was 173 471 € (24,7% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 3 employees. Revenue per employee was 234 437 €. At the end of financial year 2025, total assets were 590 145 € and equity 518 908 € (87,9% of assets).

Latest quarterly figures

According to the Tax and Customs Board, turnover in Q3 2026 was 190 843 €, down 52,6% on the same quarter a year earlier. The company had 3 employees in that quarter. Labour taxes paid in the quarter: 9933 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2090 € per month.

Management and owners

The company has one management board member. The sole owner of the company is a private individual.

Data sources and freshness

Register data (name, address, legal form, management board and owners) come from the Commercial Register of the Centre of Registers and Information Systems (RIK); changes are read from RIK every night. Financial figures come from annual reports; the latest report (financial year 2025) was filed on 17.06.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. Changes, averages and ratios are calculated by entity.ee from open data and are not an official assessment.

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