Sistem OÜ

Registered
10882679Private limited company (OÜ)Founded 2002

Key figures

585 637 €+2,2%
Revenue 2025
−6,1%
Average annual change 2019–2025
0250 k500 k750 k1 m2019202020212022202320242025

Ratios

2025

Summary: Sistem OÜ

What kind of company is it?

Sistem OÜ (registry code 10882679) is a private limited company (OÜ). The company was entered in the Commercial Register in 2002 and has been registered for 24 years. Registered location: Valga linn, Valga vald, Valga maakond. According to the latest annual report, the main activity is hotels (EMTAK 55101). The company is registered for VAT (VAT number EE100786981).

How is the company doing financially?

Revenue in financial year 2025 was 585 637 €, up 2,2% on the previous year (573 084 €). From 2019 to 2025, revenue declined by an average of 6,1% per year. Net profit for financial year 2025 was 63 285 € (10,8% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 9 employees (10 a year earlier). Revenue per employee was 65 071 €. At the end of financial year 2025, total assets were 1 673 533 € and equity 1 385 575 € (82,8% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 183 536 €, up 5,1% on the same quarter a year earlier. The company had 11 employees in that quarter. Labour taxes paid in the quarter: 13 252 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 900 € per month.

Who runs the company and who owns it?

The company has one management board member. The supervisory 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 29.04.2026. 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
QuarterRevenueNumber of employeesLabour taxes
Q3 2026183 536 €1113 252 €
Q2 2026160 517 €1110 635 €
Q1 2026144 832 €910 883 €
Q4 2025143 727 €912 026 €
Q3 2025174 585 €1011 986 €
Q2 2025146 844 €1013 370 €
Q1 2025126 755 €1213 423 €

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
20212022202320242025
Sales revenue488 726737 477840 291573 084585 637
Net profit100 328301 538156 36351 48863 285
Retained earnings545 124645 452946 9901 103 3531 154 841
Total assets1 262 7511 472 6931 600 7671 653 9361 673 533
Total liabilities449 850358 254329 965331 646287 958
Total equity812 9011 114 4391 270 8021 322 2901 385 575
Employees101010109
Average gross salary (monthly)640819816970967
Calculated dividend00000

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)
Consumer disputes
None
Consumer Disputes Committee (TTJA)
Annual report filing
3/3 filed
All on time
Business Register · 2023–2025
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

Connections graph

Click a node to see its other connections.

100%Sistem OÜ9+Andres BalodisKristin Balodis7Tõnis Balodis
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll

State aid and grants

17 records

State aid and de minimis aid in total 160 220 € (2016–2026). Largest grantors: Riigi Tugiteenuste Keskus (89 813 €), Ettevõtluse ja Innovatsiooni Sihtasutus (60 000 €), Eesti Töötukassa (10 279 €), Põllumajanduse Registrite ja Informatsiooni Amet (108 €).

Show all aid records (17)
202688 386 €
202419 €
20223514 €
20212400 €
202063 824 €
2019945 €
20181023 €
2016108 €
GrantorPurposeAmountDate
Riigi Tugiteenuste KeskusInvesteeringud28 386 €27.10.2026
Riigi Tugiteenuste KeskusInvesteeringud60 000 €12.06.2026
MTÜ Maakondlikud ArenduskeskusedMuu6 €04.10.2024
MTÜ Maakondlikud ArenduskeskusedMuu13 €18.04.2024
Eesti TöötukassaNõustamine VTA491 €14.06.2022
Eesti TöötukassaNõustamine VTA491 €06.06.2022
Eesti TöötukassaPalgatoetus VTA2533 €24.05.2022
Eesti TöötukassaPalgatoetus VTA2400 €18.05.2021
Eesti TöötukassaPalgatoetus VTA3497 €02.10.2020
Ettevõtluse ja Innovatsiooni SihtasutusKomisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi"60 000 €19.05.2020
Riigi Tugiteenuste KeskusMuu327 €20.03.2020
Eesti TöötukassaPalgatoetus VTA868 €10.05.2019
Riigi Tugiteenuste KeskusMuu78 €30.04.2019
Riigi Tugiteenuste KeskusMuu812 €09.06.2018
Riigi Tugiteenuste KeskusMuu82 €29.05.2018
Riigi Tugiteenuste KeskusMuu129 €29.03.2018
Põllumajanduse Registrite ja Informatsiooni AmetInvesteeringud108 €30.12.2016

Source: State Aid and De Minimis Aid Register (Ministry of Finance). For guarantees and loans the amount is the aid element, not the loan amount. View in the register ↗

Annual reportsPDF, XBRL

Loading list of reports…

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

Related companies

Largest in the same sector — Accommodation and food service
Same activity — Hotels

We use analytics cookies to understand how the Service is used. Read more.