Syndicate Holding Osaühing

Registered
11039637Private limited company (OÜ)Founded 2004

Key figures

318 687 €−40,1%
Revenue 2025
+12,9%
Average annual growth 2019–2025
0500 k1 m1,5 m2019202020212022202320242025

Ratios

2025

Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.

Summary: Syndicate Holding Osaühing

What kind of company is it?

Syndicate Holding Osaühing (registry code 11039637) is a private limited company (OÜ). The company was entered in the Commercial Register in 2004 and has been registered for 22 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is renting and operating of own or leased real estate (EMTAK 68201). The company is registered for VAT (VAT number EE100924549).

How is the company doing financially?

Revenue in financial year 2025 was 318 687 €, down 40,1% on the previous year (531 662 €). From 2019 to 2025, revenue grew by an average of 12,9% per year. Net profit for financial year 2025 was 470 392 € (148% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 2 employees (1 a year earlier). Revenue per employee was 159 344 €. At the end of financial year 2025, total assets were 4 884 295 € and equity 4 691 347 € (96,0% of assets).

What do the latest quarters show?

According to the Tax and Customs Board, turnover in Q3 2026 was 61 937 €, up 49,7% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 2561 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 940 € per month.

Who runs the company and who owns it?

The company has one management board member. 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 19.06.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. The LEI code (485100SLQHVSL6ATCR19) comes from the GLEIF database. 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 202661 937 €22561 €
Q2 202689 402 €22561 €
Q1 202659 318 €22543 €
Q4 202588 778 €21427 €
Q3 202541 381 €1972 €
Q2 2025126 723 €1972 €
Q1 2025222 639 €1882 €

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

Dividends

calculated
2025

No dividends were distributed.

History
20250 €
20240 €
20230 €
20220 €
20216000 €
20200 €
Summary of financial statements2021–2025
20212022202320242025
Sales revenue193 179200 1251 312 489531 662318 687
Net profit601 452−199 5601 452 286601 966470 392
Retained earnings1 751 8522 353 3042 153 7443 606 0294 207 995
Total assets2 846 8102 852 0894 321 5334 496 2644 884 295
Total liabilities481 795686 634702 543275 309192 948
Total equity2 365 0152 165 4553 618 9904 220 9554 691 347
Employees11112
Average gross salary (monthly)835545654665552
Calculated dividend60000000

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
Auditor's opinion
Unqualified
Business Register · 2025 annual report
Commercial pledges
None
Business Register
Share pledges and disposal bans
None
Business Register

Data from public registers, not a credit rating.

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100%Syndicate Holding Osa…5Aleksandr Lapidus
CompanyPersonShareholderOther roleAdditional linkZoom: Ctrl/⌘ + scroll
Annual reportsPDF, XBRL

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

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