Baltnet Holidays OÜ
RegisteredKey figures
Ratios
2024/25Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Summary: Baltnet Holidays OÜ
What kind of company is it?
Baltnet Holidays OÜ (registry code 11372615) is a private limited company (OÜ). The company was entered in the Commercial Register in 2007 and has been registered for 19 years. Registered location: Maardu linn, Harju maakond. According to the latest annual report, the main activity is travel agency activities (EMTAK 79111).
How is the company doing financially?
Revenue in financial year 2025 was 299 252 €, on a par with the previous year. From 2019/20 to 2025, revenue declined by an average of 11,1% per year. Financial year 2024/25 ended with a loss of 4143 €. The company was profitable in 2 of the 6 published financial years. In financial year 2025 the company had 1 employees. Revenue per employee was 299 252 €. At the end of financial year 2024/25, total assets were 81 607 € and equity 78 355 € (96,0% of assets).
What do the latest quarters show?
Based on labour taxes, the estimated average gross salary in Q3 2026 was about 520 € 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.
What should you look out for?
The annual report for financial year 2025 has not been filed on time.
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 2024/25) was filed on 03.11.2025. 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 | — | 2 | 1096 € |
| Q2 2026 | — | 2 | 1096 € |
| Q1 2026 | — | 2 | 1106 € |
| Q4 2025 | — | 2 | 1126 € |
| Q3 2025 | — | 2 | 1126 € |
| Q2 2025 | — | 2 | 1126 € |
| Q1 2025 | — | 2 | 1046 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2020–2024
| 2020/21 | 2021/22 | 2022/23 | 2023/24 | 2024/25 | |
|---|---|---|---|---|---|
| Sales revenue | 14 861 | 59 592 | 264 756 | 275 521 | 300 654 |
| Net profit | −28 896 | −22 748 | 26 356 | −7757 | −4143 |
| Retained earnings | 112 731 | 83 835 | 61 087 | 87 443 | 79 686 |
| Total assets | 87 991 | 65 099 | 96 844 | 110 350 | 81 607 |
| Total liabilities | 1344 | 1200 | 6589 | 27 852 | 3252 |
| Total equity | 86 647 | 63 899 | 90 255 | 82 498 | 78 355 |
| Employees | 1 | 1 | 1 | 1 | 1 |
| Average gross salary (monthly) | 584 | 607 | — | — | 841 |
| 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 issue6 clear
Data from public registers, not a credit rating.
Connections graph
State aid and grants
1 recordState aid and de minimis aid in total 90 € (2025). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (90 €).
Show all aid records (1)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu | 90 € | 11.12.2025 |
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.