Timbeco Group OÜ
RegisteredKey figures
Ratios
2025Summary: Timbeco Group OÜ
What kind of company is it?
Timbeco Group OÜ (registry code 11330261) is a private limited company (OÜ). The company was entered in the Commercial Register in 2006 and has been registered for 19 years. Registered location: Tõdva küla, Saku vald, 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 EE101116534).
How is the company doing financially?
Revenue in financial year 2025 was 452 769 €, down 32,6% on the previous year (671 290 €). From 2019 to 2025, revenue declined by an average of 6,2% per year. This is the company's lowest revenue among the published years (2019–2025). Net profit for financial year 2025 was 408 310 € (90,2% of revenue). The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 3 employees (4 a year earlier). Revenue per employee was 150 923 €. At the end of financial year 2025, total assets were 7 595 931 € and equity 6 807 791 € (89,6% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 188 281 €, up 130% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 7266 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2280 € per month.
Who runs the company and who owns it?
The management board has 3 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 04.08.2026. 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.
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 188 281 € | 2 | 7266 € |
| Q2 2026 | 164 603 € | 2 | 7291 € |
| Q1 2026 | 257 785 € | 2 | 6550 € |
| Q4 2025 | 145 479 € | 2 | 6099 € |
| Q3 2025 | 81 813 € | 1 | 8197 € |
| Q2 2025 | 163 163 € | 1 | 7798 € |
| Q1 2025 | 463 117 € | 1 | 7815 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedNo dividends were distributed.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 663 921 | 919 058 | 941 286 | 671 290 | 452 769 |
| Net profit | 577 310 | 746 232 | 842 585 | 421 837 | 408 310 |
| Retained earnings | 2 949 107 | 3 526 417 | 4 272 649 | 5 115 234 | 5 537 072 |
| Total assets | 5 784 347 | 6 706 510 | 7 074 236 | 7 447 336 | 7 595 931 |
| Total liabilities | 995 521 | 1 171 452 | 1 096 593 | 1 047 856 | 788 140 |
| Total equity | 4 788 826 | 5 535 058 | 5 977 643 | 6 399 480 | 6 807 791 |
| Employees | 2 | 4 | 4 | 4 | 3 |
| Average gross salary (monthly) | 1602 | 1305 | 1710 | 1526 | 1503 |
| 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 obligations2 notes6 clear
Data from public registers, not a credit rating.
Connections graph
Click a node to see its other connections.
State aid and grants
3 recordsState aid and de minimis aid in total 7986 € (2022–2026). Largest grantors: Eesti Töötukassa (7133 €), Haridus- ja Noorteamet (854 €).
Show all aid records (3)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Haridus- ja Noorteamet | Muu | 310 € | 22.05.2026 |
| Haridus- ja Noorteamet | Muu | 544 € | 13.03.2026 |
| Eesti Töötukassa | Palgatoetus VTA | 7133 € | 13.05.2022 |
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
- Riigi Kinnisvara Aktsiaselts177 m €
- OÜ Merko Kodud33,1 m €
- OÜ Kalaranna Kvartal30,0 m €
- Liven Kodu 20 OÜ28,2 m €
- Ülemiste Center OÜ26,1 m €