Balmeco Group OÜ
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2025Summary: Balmeco Group OÜ
What kind of company is it?
Balmeco Group OÜ (registry code 12325167) is a private limited company (OÜ). The company was entered in the Commercial Register in 2012 and has been registered for 14 years. Registered location: Kesklinna linnaosa, Tallinn, Harju maakond. According to the latest annual report, the main activity is agents specialised in the sale of other particular products (EMTAK 46181). The company is registered for VAT (VAT number EE101568205).
How is the company doing financially?
Revenue in financial year 2025 was 415 874 €, down 51,4% on the previous year (856 006 €). From 2019 to 2025, revenue declined by an average of 7,3% per year. This is the company's lowest revenue among the published years (2019–2025). Financial year 2025 ended with a loss of 45 771 €. The company was profitable in 6 of the 7 published financial years. In financial year 2025 the company had 2 employees. Revenue per employee was 207 937 €. At the end of financial year 2025, total assets were 459 217 € and equity 454 130 € (98,9% of assets).
What do the latest quarters show?
According to the Tax and Customs Board, turnover in Q3 2026 was 131 060 €, down 36,5% on the same quarter a year earlier. The company had 2 employees in that quarter. Labour taxes paid in the quarter: 4107 €. Based on labour taxes, the estimated average gross salary in Q3 2026 was about 1380 € 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 30.06.2026. Quarterly turnover, employee numbers and labour taxes come from the open data of the Tax and Customs Board (EMTA); latest quarter Q3 2026. 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 | 131 060 € | 2 | 4107 € |
| Q2 2026 | 484 640 € | 2 | 4107 € |
| Q1 2026 | 42 603 € | 2 | 4107 € |
| Q4 2025 | 378 628 € | 2 | 4107 € |
| Q3 2025 | 206 256 € | 2 | 4107 € |
| Q2 2025 | 246 474 € | 2 | 4107 € |
| Q1 2025 | 99 527 € | 2 | 4060 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2021–2025
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Sales revenue | 807 077 | 905 174 | 943 521 | 856 006 | 415 874 |
| Net profit | 58 041 | 151 415 | 90 236 | 17 138 | −45 771 |
| Retained earnings | 167 568 | 225 609 | 377 027 | 467 263 | 484 401 |
| Total assets | 245 040 | 393 852 | 487 319 | 507 358 | 459 217 |
| Total liabilities | 3931 | 1328 | 4556 | 7457 | 5087 |
| Total equity | 241 109 | 392 524 | 482 763 | 499 901 | 454 130 |
| Employees | 2 | 2 | 2 | 2 | 2 |
| Average gross salary (monthly) | 1193 | 1193 | 1193 | 1193 | 1193 |
| 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 obligationsAll clear
Data from public registers, not a credit rating.
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Annual reportsPDF, XBRL
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Source: e-Business Register (RIK). Files open/download directly from the official register.
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