Watercom OÜRegistered
Key figures
Ratios
2025Balance sheet structure
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q3 2026 | 5 791 369 € | 74 | 351 392 € |
| Q2 2026 | 5 098 735 € | 80 | 436 359 € |
| Q1 2026 | 3 204 163 € | 75 | 322 561 € |
| Q4 2025 | 5 515 700 € | 75 | 372 797 € |
| Q3 2025 | 6 246 809 € | 77 | 354 979 € |
| Q2 2025 | 4 950 934 € | 79 | 453 730 € |
| Q1 2025 | 3 593 795 € | 82 | 364 673 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Dividends
calculatedDistributed as dividends 900 000 € (37% of distributable profit).
Previous year's retained earnings + previous year's profit − current retained earnings.
Summary of financial statements2019–2025
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||
| Total current assets | 3 311 000 | 3 257 000 | 3 974 000 | 4 646 000 | 4 456 000 | 4 248 000 | 4 576 000 |
| Total non-current assets | 915 000 | 1 555 000 | 1 389 000 | 2 282 000 | 2 829 000 | 3 526 000 | 3 390 000 |
| Total assets | 4 226 000 | 4 812 000 | 5 363 000 | 6 928 000 | 7 285 000 | 7 774 000 | 7 966 000 |
| Balance sheet — liabilities and equity | |||||||
| Current liabilities | 1 996 000 | 1 685 000 | 1 815 000 | 2 352 000 | 2 410 000 | 2 939 000 | 2 977 000 |
| Non-current liabilities | 567 000 | 1 116 000 | 957 000 | 1 383 000 | 1 632 000 | 1 862 000 | 1 294 000 |
| Total liabilities | 2 563 000 | 2 801 000 | 2 772 000 | 3 735 000 | 4 042 000 | 4 801 000 | 4 271 000 |
| Share capital | 5000 | 5000 | 5000 | 5000 | 5000 | 5000 | 5000 |
| Retained earnings of previous periods | 479 000 | 685 000 | 883 000 | 1 480 000 | 1 365 000 | 1 215 000 | 1 545 000 |
| Profit for the year | 656 000 | 798 000 | 1 180 000 | 1 185 000 | 1 350 000 | 1 230 000 | 1 622 000 |
| Reserves and other equity | 523 000 | 523 000 | 523 000 | 523 000 | 523 000 | 523 000 | 523 000 |
| Total equity | 1 663 000 | 2 011 000 | 2 591 000 | 3 193 000 | 3 243 000 | 2 973 000 | 3 695 000 |
| Income statement | |||||||
| Sales revenue | 12 275 000 | 12 319 000 | 12 925 000 | 13 158 000 | 15 931 000 | 15 075 000 | 19 960 000 |
| Operating profit | 823 000 | 888 000 | 1 296 000 | 1 341 000 | 1 673 000 | 1 635 000 | 1 945 000 |
| EBITDA | 1 067 000 | 1 170 000 | 1 590 000 | 1 630 000 | 2 111 000 | 2 108 000 | 2 421 000 |
| Profit before income tax | 812 000 | 871 000 | 1 278 000 | 1 280 000 | 1 628 000 | 1 533 000 | 1 876 000 |
| Profit for the reporting year | 656 000 | 798 000 | 1 180 000 | 1 185 000 | 1 350 000 | 1 230 000 | 1 622 000 |
| Labour costs | 2 053 000 | 2 315 000 | 2 323 000 | 2 602 000 | 3 147 000 | 3 420 000 | 3 490 000 |
| Depreciation of non-current assets | 244 000 | 282 000 | 294 000 | 289 000 | 438 000 | 473 000 | 476 000 |
| Other indicators | |||||||
| Employees | 64 | 66 | 66 | 72 | 77 | 82 | 76 |
| Calculated dividend | — | 450 000 | 600 000 | 583 000 | 1 300 000 | 1 500 000 | 900 000 |
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
Data from public registers, not a credit rating.
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Public procurement
111 contractsPublic contracts won worth 19 105 521 € from 16 contracting authorities (05.06.2023–05.10.2026). Plus 5 framework agreements shared with other suppliers (not included in the total).
| Tender | Contracting authority | Amount | Awarded |
|---|---|---|---|
| Arenduslepingute omanikujärelevalve | AKTSIASELTS TALLINNA VESI | up to 140 € | 05.10.2026 |
| Akadeemia tee 72, Tallinn | AKTSIASELTS TALLINNA VESI | 16.09.2026 | |
| Mustamäe II mikrorajooni rekonstrueerimine | Tallinna Keskkonna- ja Kommunaalamet | 3 474 037 € | 04.08.2026 |
| Raua tn 2, Tallinn | AKTSIASELTS TALLINNA VESI | 28.07.2026 | |
| Vanasadama A-terminali ajutise veoautode cargo check-in moodulhoone tehnovõrkude väljaehitamine | aktsiaselts TALLINNA SADAM | 37 000 € | 23.07.2026 |
| Taara tn 13, Tallinn | AKTSIASELTS TALLINNA VESI | 22.07.2026 | |
| Sõpruse pst 181a mänguväljaku rajamine | Mustamäe Linnaosa Valitsus | 71 894 € | 17.07.2026 |
| Reha tn 21, Tallinn | AKTSIASELTS TALLINNA VESI | 02.07.2026 |
Source: Public Procurement Register open data from October 2023. All public tenders
Summary: Watercom OÜ
Overview
Watercom OÜ (registry code 11944939) is a private limited company (OÜ). The company was entered in the Commercial Register in 2010 and has been registered for 16 years. Registered location: Põhja-Tallinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is construction of water, gas and sewerage pipelines (EMTAK 42211). The company is registered for VAT (VAT number EE101374619).
Financial results
Revenue in financial year 2025 was 19 960 000 €, up 32,4% on the previous year (15 075 000 €). From 2019 to 2025, revenue grew by an average of 8,4% per year. This is the company's highest revenue among the published years (2019–2025). Net profit for financial year 2025 was 1 622 000 € (8,1% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 76 employees (82 a year earlier). Revenue per employee was 262 632 €. At the end of financial year 2025, total assets were 7 966 000 € and equity 3 695 000 € (46,4% of assets).
Latest quarterly figures
According to the Tax and Customs Board, turnover in Q3 2026 was 5 791 369 €, down 7,3% on the same quarter a year earlier. The company had 74 employees in that quarter. Labour taxes paid in the quarter: 351 392 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 2910 € per month.
Management and owners
The management board has 2 members. The sole owner of the company is AKTSIASELTS TALLINNA VESI.
Data sources and freshness
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 21.05.2026. 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.