OÜ Belforest Trade
RegisteredKey figures
Ratios
2025Summary: OÜ Belforest Trade
What kind of company is it?
OÜ Belforest Trade (registry code 10828935) is a private limited company (OÜ). The company was entered in the Commercial Register in 2001 and has been registered for 24 years. Registered location: Viluste küla, Räpina vald, Põlva maakond. According to the latest annual report, the main activity is timber harvesting (EMTAK 02201). The company is registered for VAT (VAT number EE101221458).
How is the company doing financially?
Revenue in financial year 2025 was 3 686 743 €, up 27,4% on the previous year (2 893 361 €). From 2019 to 2025, revenue grew by an average of 29,8% per year. Net profit for financial year 2025 was 247 718 € (6,7% 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 1 228 914 €. At the end of financial year 2025, total assets were 1 999 325 € and equity 1 575 774 € (78,8% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 355 617 €, down 43,0% on the same quarter a year earlier. The company had 5 employees in that quarter. Labour taxes paid in the quarter: 16 399 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2080 € per month.
Who runs the company and who owns it?
The management board has 2 members. The sole owner of the company is a private individual.
Where does the data come from and how fresh is it?
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 30.06.2026. 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.
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 355 617 € | 5 | 16 399 € |
| Q2 2026 | 237 702 € | 2 | 18 282 € |
| Q1 2026 | 1 237 424 € | 4 | 21 952 € |
| Q4 2025 | 1 000 353 € | 4 | 18 896 € |
| Q3 2025 | 624 148 € | 2 | 18 860 € |
| Q2 2025 | 558 949 € | 3 | 18 812 € |
| Q1 2025 | 1 361 009 € | 3 | 18 948 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 2 728 439 | 4 613 251 | 3 849 375 | 2 893 361 | 3 686 743 |
| Net profit | 229 370 | 324 046 | 38 220 | 113 803 | 247 718 |
| Retained earnings | 620 061 | 849 431 | 1 173 477 | 1 211 697 | 1 325 500 |
| Total assets | 1 025 644 | 1 459 768 | 1 552 251 | 1 590 964 | 1 999 325 |
| Total liabilities | 173 657 | 283 735 | 337 998 | 262 908 | 423 551 |
| Total equity | 851 987 | 1 176 033 | 1 214 253 | 1 328 056 | 1 575 774 |
| Employees | 5 | 4 | 4 | 3 | 3 |
| Average gross salary (monthly) | 1663 | 2267 | 3408 | 3200 | 3602 |
| Calculated dividend | 0 | 0 | 0 | 0 | 0 |
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 note1 for information5 clear
Data from public registers, not a credit rating.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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