VaBe Baltic OÜRegistered

10225639Private limited company (OÜ)Founded 1997

Key figures

16 800 €−85,1%
Revenue 2025
−33,2%
Average annual change 2019–2025
0100 k200 k300 k2019202020212022202320242025

Ratios

2025
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
0100 k200 k2019202020212022202320242025
Quarterly figures
QuarterRevenueNumber of employeesLabour taxes
Q3 20263000 €—1276 €
Q2 20266130 €—1703 €
Q1 202611 600 €—2584 €
Q4 20255190 €—3795 €
Q3 20256260 €—2609 €
Q2 202513 506 €—3429 €
Q1 202523 165 €—4080 €

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

Summary of financial statements2019–2025
2019202020212022202320242025
Balance sheet — assets
Total current assets68 49367 22356 65355 07153 73146 314161
Total non-current assets109 919122 590117 409104 93093 11081 53370 372
Total assets178 412189 813174 062160 001146 841127 84770 533
Balance sheet — liabilities and equity
Current liabilities111 52675 78754 44256 04266 56878 01355 163
Non-current liabilities0922969674642225100
Total liabilities111 52685 01661 40960 68468 81978 01355 163
Share capital2554255425542554255425542554
Retained earnings of previous periods86 02764 076101 987109 84396 50775 21247 024
Profit for the year−21 95137 9117856−13 336−21 295−28 188−34 464
Reserves and other equity256256256256256256256
Total equity66 886104 797112 65399 31778 02249 83415 370
Income statement
Sales revenue188 794254 469249 028216 335179 997112 57616 800
Operating profit−19 15140 01610 072−12 573−20 826−28 075−34 422
EBITDA−11 28148 61923 421−94−9006−16 498−27 272
Profit before income tax−21 95137 9117856−13 336−21 295−28 188−34 464
Profit for the reporting year−21 95137 9117856−13 336−21 295−28 188−34 464
Labour costs107 31484 03493 24195 56689 07476 2346027
Depreciation of non-current assets7870860313 34912 47911 82011 5777150
Other indicators
Employees5444330
Calculated dividend—000000

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 obligations1 note4 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
Filed late: 2024, 2025
Business Register · 2023–2025
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph
25,02%24,98%VaBe Baltic OÜMarkku Juhani LehtinenMarkus Sebastian Leht…
CompanyPersonShareholderOther roleAdditional link

Summary: VaBe Baltic OÜ

Overview

VaBe Baltic OÜ (registry code 10225639) is a private limited company (OÜ). The company was entered in the Commercial Register in 1997 and has been registered for 28 years. Registered location: Padise küla, Lääne-Harju vald, Harju maakond. According to the latest annual report, the main activity is manufacture of wooden household, decorative and other wood products (EMTAK 16281). The company is registered for VAT (VAT number EE100439241).

Financial results

Revenue in financial year 2025 was 16 800 €, down 85,1% on the previous year (112 576 €). From 2019 to 2025, revenue declined by an average of 33,2% per year. This is the company's lowest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 34 464 €. The company was profitable in 2 of the 7 published financial years. According to the report, the company had no employees in financial year 2025. At the end of financial year 2025, total assets were 70 533 € and equity 15 370 € (21,8% of assets).

Latest quarterly figures

According to the Tax and Customs Board, turnover in Q3 2026 was 3000 €, down 52,1% on the same quarter a year earlier. Labour taxes paid in the quarter: 1276 €.

Management and owners

The management board has 2 members. According to the register, the company has 2 owners. The largest stake (25%) is held by 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 28.08.2026. 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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