Balmec Forest OÜ
RegisteredKey figures
Ratios
2025Summary: Balmec Forest OÜ
What kind of company is it?
Balmec Forest OÜ (registry code 11981805) 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: Tootsi alev, Tootsi vald, Pärnu maakond. According to the latest annual report, the main activity is support services to forestry (EMTAK 02401). The company is registered for VAT (VAT number EE101458849).
How is the company doing financially?
Revenue in financial year 2025 was 1 755 171 €, down 5,2% on the previous year (1 850 839 €). From 2019 to 2025, revenue grew by an average of 10,7% per year. Net profit for financial year 2025 was 180 418 € (10,3% of revenue). The company was profitable in all 7 published financial years. In financial year 2025 the company had 9 employees (11 a year earlier). Revenue per employee was 195 019 €. At the end of financial year 2025, total assets were 2 270 100 € and equity 1 388 089 € (61,1% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 467 293 €, down 15,7% on the same quarter a year earlier. The company had 9 employees in that quarter. Labour taxes paid in the quarter: 24 387 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1750 € 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 08.03.2026. 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 | 467 293 € | 9 | 24 387 € |
| Q2 2026 | 334 923 € | 9 | 23 467 € |
| Q1 2026 | 452 964 € | 9 | 20 858 € |
| Q4 2025 | 588 362 € | 9 | 19 273 € |
| Q3 2025 | 554 128 € | 8 | 23 912 € |
| Q2 2025 | 695 027 € | 8 | 23 048 € |
| Q1 2025 | 504 999 € | 9 | 23 733 € |
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 | 1 241 759 | 1 484 960 | 1 585 111 | 1 850 839 | 1 755 171 |
| Net profit | 187 577 | 272 080 | 151 830 | 174 620 | 180 418 |
| Retained earnings | 512 407 | 627 695 | 899 775 | 1 030 099 | 1 204 719 |
| Total assets | 1 560 988 | 1 620 149 | 1 745 618 | 1 919 204 | 2 270 100 |
| Total liabilities | 858 052 | 717 422 | 691 061 | 711 533 | 882 011 |
| Total equity | 702 936 | 902 727 | 1 054 557 | 1 207 671 | 1 388 089 |
| Employees | 11 | 11 | 13 | 11 | 9 |
| Average gross salary (monthly) | 1053 | 1217 | 1290 | 1473 | 1473 |
| Calculated dividend | 56 667 | 72 289 | 0 | 21 506 | 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 obligationsAll clear1 for information
Data from public registers, not a credit rating.
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State aid and grants
5 recordsState aid and de minimis aid in total 145 313 € (2018–2021). Largest grantors: Ettevõtluse ja Innovatsiooni Sihtasutus (103 983 €), Maaelu Edendamise SA (41 250 €), Riigi Tugiteenuste Keskus (80 €).
Show all aid records (5)
| Grantor | Purpose | Amount | Date |
|---|---|---|---|
| Riigi Tugiteenuste Keskus | Muu | 80 € | 23.12.2021 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu · Soft loan | 261 €* | 26.11.2020 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Komisjoni teatise jaotis 3.2 "Laenugarantiidena antav abi" · Guarantee | 100 000 € | 22.07.2020 |
| Maaelu Edendamise SA | Komisjoni teatise jaotis 3.1 "Otsetoetuste, tagasimakstvate ettemaksete või maksusoodustustena antav abi" · Guarantee | 41 250 € | 15.06.2020 |
| Ettevõtluse ja Innovatsiooni Sihtasutus | Muu · Soft loan | 3722 €* | 22.04.2018 |
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
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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